Digital Health Market Updates

Global Digital Health market size was valued at USD 170.2 Billion in 2023 and is poised to grow from USD 197.7 Billion in 2024 to USD 442.8 Billion by 2032, growing at a CAGR of 10.0% in the forecast period (2025-2032).

International Business Machines Corporation, Wipro Ltd, Microsoft Corporation, Alphabet Inc, Tata Consultancy Services Ltd, Infosys Ltd, GE HealthCare Technologies Inc., Athenahealth Inc., Cisco Systems Inc., Veradigm Inc., Oracle Corporation, Apple Inc., Koninklijke Philips NV, My mhealth Ltd., Johnson & Johnson Inc., McKesson Corporation, Siemens AG, Qualcomm Inc., Teladoc Health Inc.

Increasing infiltration by smartphones, tablets, and other mobile platforms is driving disruption in the global digital health market. The entire scenario of the global digital health market is being transformed with it. Whereas patients sought medical attention primarily for once-a-year check-ups or when some specific health issues crop up, the technological advancements integrated with healthcare transformed patient expectations. Healthcare consumers today look for more frequent assertive intervention, along with instantaneous access to medical data. Such a consumer-centric approach demands healthcare companies to invest in digital solutions that are specifically molded to this evolving requirement-the beginning of massive metamorphosis in the market.

Short-Term: In the near future, automation and artificial intelligence (AI) are rapidly advancing transformation in the Digital Health market, enhancing clinical workflows, diagnostics, and patient engagement. AI-powered capabilities—such as automated patient triage, real-time health monitoring, and intelligent data extraction from medical records—are streamlining operations, reducing clinician workload, and improving care accuracy. Cloud-based digital health platforms with integrated analytics and interoperability features are enabling providers to deliver faster, more personalized care while ensuring compliance with evolving data privacy regulations. These solutions also support broader public health goals by reducing administrative burden and enabling more efficient allocation of clinical resources.

North America continues to lead the global digital health market in 2024, supported by its advanced healthcare infrastructure, robust investment in health IT, and progressive regulatory environment. The region’s leadership is underpinned by the widespread adoption of electronic health records (EHRs), strong data privacy frameworks, and ongoing digital transformation initiatives across the healthcare continuum. The United States plays a pivotal role in driving this leadership, bolstered by federal support, such as funding for telehealth expansion and digital care innovation. In particular, the U.S. health and fitness segment has experienced explosive growth, with 368 million fitness app users and over 850 million app downloads in 2023 alone.