HealthTech Market Growth, Demand, Technologies, Scope and Future Outlook 2032

HealthTech Market Size- By Technology, By Component, By End-User,By Applications,By Delivery Mode - Regional Outlook, Competitive Strategies and Segment Forecasts to 2032

HealthTech Market Size- By Technology, By Component, By End-User,By Applications,By Delivery Mode - Regional Outlook, Competitive Strategies and Segment Forecasts to 2032

Published: Dec 2022 Report ID: HLCA2223 Pages: 1 - 248 Formats*:     
Category : Healthcare
Global HealthTech Market Overview:

According to SPER Market Research, the Global HealthTech Market is estimated to reach USD 1087.18 billion by 2032 with a CAGR of 18.22%.

The market for Health Techs is expanding as a result of increased customer demand for speedier payment settlements and rising use of cutting-edge technology like IoT and cloud-based solutions. One of the main drivers of the digital health market's expansion is the rise in the use of smartphones, tablets, and other mobile platforms. Other significant drivers include the rapidly improving healthcare IT infrastructure in industrialised countries, the expansion of supportive government initiatives in the U.S. and European region, the rise in demand for remote patient monitoring services, and the growth of venture capital investments. Further expanding the market for digital health throughout the aforementioned projected period will be an increase in technical development, modernization of the digitization, research and development activities, and demand from emerging economies.

Impact of COVID-19 on the Global HealthTech Market  
Nearly every business has been impacted by the unmatched worldwide public health emergency known as COVID-19, and the long-term impacts are expected to have an influence on industry growth throughout the course of the projection period.The COVID-19 pandemic outbreak is projected to have a significant impact on the market for Health Techs. The market is anticipated to grow faster during the forecast period due to the surge in demand for virtual consultation services using mHealth applications, teleconsultation, electronic medical records, and virtual fitness platforms, as well as the quick-moving technological advancements.Additionally, the post-pandemic market growth is expected to be fuelled by manufacturer’s growing development of next-generation low-cost platforms, such as telemedicine, mHealth, telehealth, and telecare services.The rapid acceleration of market growth was influenced by a number of healthcare-related factors, including mHealth, telecare, patient management, advanced diagnostics, digital integration of health systems, and raising cybersecurity requirements. Telemedicine and other digital health technologies provide healthcare providers excellent opportunities to treat patients while observing lockdown protocols.



Scope of the Report:
 Report Metric Details
 Market size available for years 2019-2032
 Base year considered 2021
 Forecast period 2022-2032
 Segments coveredBy Technology, By Component, By End-User, By Applications, By Delivery Mode
 Regions coveredNorth America, Europe, Asia Pacific, Latin America, Middle East and Africa
 Companies CoveredAirStrip Technologies, Allscripts, Apple Inc., AT&T, Cerner Corporation (Oracle), CISCO Systems Inc, Epic Systems Corporation, Google Inc., HiMS, IBM Corporation, Mqure, McKesson Corporation, Mdlive, Medi Buddy, Medical device as a service (MDAAS), MedPass, Mobicure, Myndtec, NeurNation, Nutrino, Okadoc, Omnia Salud, Pharm Easy, Philip Healthcare, Polycom Inc, Safermom, System Healthcare Solutions, Takalam, TeleMD, UAE’s Mulk, Ubenwa, Welli, Wuru, Xtreme VRI, Yerbo
Global Health Tech Market  Segmentation:

By Technology: Based on the Technology, Global Health Tech Market is segmented as; Digital Health Systems (E-prescribing Systems and Electronic Health Records), Health Analytics, Health Information Technology, mHealth {Apps (Medical Apps, Fitness Apps, Services), Wearables (Activity Trackers/Actigraphs, BP Monitors, Glucose Meter, Neurological Monitors, Pulse Oximeter,Sleep Apnea Monitors)}, Telehealthcare {Telehealth (LTC Monitoring, Video Consultation), Telecare (Activity Monitoring,Remote Medication Management), Telemedicine}.

By Component: Based on the Component, Global Health Tech Market is segmented as; Hardware, Software and Services.

By End-User: Based on the End-User, Global Health Tech Market is segmented as; Healthcare Providers, Healthcare Payers, Healthcare Consumers, Pharmaceutical Companies and Others.

By Applications:
 Based on the Applications, Global Health Tech Market is segmented as; Cardiology, Diabetes, Neurology, Sleep Apnea, Oncology and Others.
Global Health Tech Market, By Delivery Modes:
Based on the Delivery Modes, Global Health Tech Market is segmented as;Cloud and On-premises.

By Region: The region with the fastest growth rate is predicted to be Asia Pacific. The region's expanding eHealth platform adoption and rising healthcare spending are anticipated to fuel the expansion of these services. Government investment on healthcare is predicted to enhance demand for remote patient monitoring and other telehealth services, which will fuel industry growth in the Asia Pacific region.
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
 
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2  Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3  Data triangulation
 
3. Executive Summary
 
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges 
4.2. COVID-19 Impacts of the Global Health Tech Market 
 
5. Market variables and outlook
5.1. SWOT analysis 
5.1.1 Strengths 
5.1.2 Weaknesses 
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis 
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape 
5.2.4 Technological landscape 
5.2.5 Environmental landscape 
5.2.6 Legal landscape 
5.3. PORTER’S five forces analysis 
5.3.1 Bargaining power of suppliers 
5.3.2 Bargaining power of Buyers 
5.3.3 Threat of Substitute 
5.3.4 Threat of new entrant 
5.3.5 Competitive rivalry
5.4.Heat map analysis
 
6. Global Health Tech Market, By Technology, 2019-2032 (USD Million)
6.1. Digital Health Systems
6.1.1. E-Prescribing Systems
6.1.2. Electronic Health Records
6.2. Health Analytics
6.3. Health Information Technology
6.4. mHealth
6.4.1. Apps
6.4.1.1. Medical Apps
6.4.1.2. Fitness Apps
6.4.1.3. Services
6.4.2. Wearables
6.4.2.1. Activity Trackers/Actigraphs
6.4.2.2. BP Monitors
6.4.2.3. Glucose Meter
6.4.2.4. Neurological Monitors
6.4.2.5. Pulse Oximeter
6.4.2.6. Sleep Apnea Monitors
6.5. Telehealthcare
6.5.1. Telehealth
6.5.1.1. LTC Monitoring
6.5.1.2. Video Consultation
6.5.2. Telecare
6.5.2.1. Activity Monitoring
6.5.2.2. Remote Medication Management
6.5.3. Telemedicine

7. Global Health Tech Market, By Component, 2019-2032 (USD Million)
7.1. Hardware
7.2. Software
7.3. Services

8. Global Health Tech Market, By End-User, 2019-2032 (USD Million)
8.1. Healthcare Providers
8.2. Healthcare Payers
8.3. Healthcare Consumers
8.4. Pharmaceutical Companies
8.5. Others
 
9. Global Health Tech Market, By Applications, 2019-2032 (USD Million)
9.1. Cardiology
9.2. Diabetes
9.3. Neurology
9.4. Sleep Apnea
9.5. Oncology
9.6. Others

10. Global Health Tech Market, By Delivery Modes, 2019-2032 (USD Million)
10.1. Cloud-Based
10.2. On-premises 

11. Global Health Tech Market, By Region, 2019-2032 (USD Million)
11.1. North America
11.1.1. Canada
11.1.2. Mexico
11.1.3. United States
11.2. Europe
11.2.1. France
11.2.2. Germany
11.2.3. Italy
11.2.4. Rest of Europe
11.2.5. Spain
11.2.6. United Kingdom
11.3. Asia-Pacific
11.3.1. Australia
11.3.2. China
11.3.3. India
11.3.4. Japan
11.3.5. Rest of Asia-Pacific
11.3.6. South Korea
11.4. South America
11.4.1. Brazil
11.4.2. Argentina
11.4.3. Rest of South America
11.5. Middle East & Africa
11.5.1. Kingdom of Saudi Arabia 
11.5.2. United Arab Emirates
11.5.3. Rest of Middle East & Africa

12.  Company Profiles
12.1. AirStrip Technologies
12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Product summary
12.1.4. Recent developments

12.2. Allscripts
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments

12.3. Apple Inc.
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments

12.4. AT&T
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments

12.5. Cerner Corporation (Oracle)
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments

12.6. CISCO Systems Inc.
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments

12.7. Epic Systems Corporation
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments

12.8. Google Inc.
12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Product summary
12.8.4. Recent developments

12.9. HiMS
12.9.1. Company details
12.9.2. Financial outlook
12.9.3. Product summary
12.9.4. Recent developments

12.10. IBM Corporation
12.10.1. Company details
12.10.2. Financial outlook
12.10.3. Product summary
12.10.4. Recent developments

12.11. MQure
12.11.1. Company details
12.11.2. Financial outlook
12.11.3. Product summary
12.11.4. Recent developments

12.12. McKesson Corporation
12.12.1. Company details
12.12.2. Financial outlook
12.12.3. Product summary
12.12.4. Recent developments

12.13. MDlive
12.13.1. Company details
12.13.2. Financial outlook
12.13.3. Product summary
12.13.4. Recent developments

12.14. Medi Buddy
12.14.1. Company details
12.14.2. Financial outlook
12.14.3. Product summary
12.14.4. Recent developments

12.15. Medical device as a service (MDAAS)
12.15.1. Company details
12.15.2. Financial outlook
12.15.3. Product summary
12.15.4. Recent developments

12.16. MedPass
12.16.1. Company details
12.16.2. Financial outlook
12.16.3. Product summary
12.16.4. Recent developments

12.17. Mobicure
12.17.1. Company details
12.17.2. Financial outlook
12.17.3. Product summary
12.17.4. Recent developments

12.18. Myndtec
12.18.1. Company details
12.18.2. Financial outlook
12.18.3. Product summary
12.18.4. Recent developments

12.19. NeurNation
12.19.1. Company details
12.19.2. Financial outlook
12.19.3. Product summary
12.19.4. Recent developments

12.20. Nutrino
12.20.1. Company details
12.20.2. Financial outlook
12.20.3. Product summary
12.20.4. Recent developments

12.21. Okadoc
12.21.1. Company details
12.21.2. Financial outlook
12.21.3. Product summary
12.21.4. Recent developments

12.22. Omnia Salud
12.22.1. Company details
12.22.2. Financial outlook
12.22.3. Product summary
12.22.4. Recent developments

12.23. Pharm Easy
12.23.1. Company details
12.23.2. Financial outlook
12.23.3. Product summary
12.23.4. Recent developments

12.24. Philip Healthcare
12.24.1. Company details
12.24.2. Financial outlook
12.24.3. Product summary
12.24.4. Recent developments

12.25. Polycom Inc
12.25.1. Company details
12.25.2. Financial outlook
12.25.3. Product summary
12.25.4. Recent developments

12.26. Safermom
12.26.1. Company details
12.26.2. Financial outlook
12.26.3. Product summary
12.26.4. Recent developments

12.27. System Healthcare Solutions
12.27.1. Company details
12.27.2. Financial outlook
12.27.3. Product summary
12.27.4. Recent developments

12.28. Takalam
12.28.1. Company details
12.28.2. Financial outlook
12.28.3. Product summary
12.28.4. Recent developments

12.29. Teladoc
12.29.1. Company details
12.29.2. Financial outlook
12.29.3. Product summary
12.29.4. Recent developments

12.30. TeleMD
12.30.1. Company details
12.30.2. Financial outlook
12.30.3. Product summary
12.30.4. Recent developments

12.31. UAE’s Mulk
12.31.1. Company details
12.31.2. Financial outlook
12.31.3. Product summary
12.31.4. Recent developments

12.32. Ubenwa
12.32.1. Company details
12.32.2. Financial outlook
12.32.3. Product summary
12.32.4. Recent developments

12.33. Welli
12.33.1. Company details
12.33.2. Financial outlook
12.33.3. Product summary
12.33.4. Recent developments

12.34. Wuru
12.34.1. Company details
12.34.2. Financial outlook
12.34.3. Product summary
12.34.4. Recent developments

12.35. Xtreme VRI
12.35.1. Company details
12.35.2. Financial outlook
12.35.3. Product summary
12.35.4. Recent developments

12.36. Yerbo
12.36.1. Company details
12.36.2. Financial outlook
12.36.3. Product summary
12.36.4. Recent developments

SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings.  The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

SPER-Methodology-1

SPER-Methodology-2

SPER-Methodology-3


Frequently Asked Questions About This Report
The Health Tech Market is projected to reach USD 1087.18 billion by 2032, growing at a CAGR of 18.22% during the forecast period.
The Health Tech Market grew in market size from 2021. The Market is expected to reach USD 1087.18 billion by 2032, at a CAGR of 18.22% during the forecast period.
The Health Tech Market CAGR of 18.22% during the forecast period.
You can get the sample pages by clicking the link - Click Here
The Health Tech Market size is USD 1087.18 billion from 2022 to 2032.
The Health Tech Market segment is Covered By Technology, By Component, By End-User, By Applications, By Delivery Mode.
The North America region is anticipated to have the highest market share in the Health Tech Market.
The key players in the market include Companies Covered AirStrip Technologies, Allscripts, Apple Inc., AT&T, Cerner Corporation (Oracle), CISCO Systems Inc, Epic Systems Corporation, Google Inc., HiMS, IBM Corporation, Mqure, McKesson Corporation, Mdlive, Medi Buddy, Medical device as a service (MDAAS), MedPass, Mobicure, Myndtec, NeurNation, Nutrino, Okadoc, Omnia Salud, Pharm Easy, Philip Healthcare, Polycom Inc, Safermom, System Healthcare Solutions, Takalam, TeleMD, UAE’s Mulk, Ubenwa, Welli, Wuru, Xtreme VRI, Yerbo.
The market for digital health throughout the aforementioned forecast period will be an increase in technical development, modernization of the digitization, research and development activities, and demand from emerging economies.
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