Digital Health July 5, 2024
The global digital healthcare market is on a trajectory for significant expansion, with a projected value of $836.10 billion by 2031, according to a report.
The report, published by Coherent Market Insights on 4 July 2024, says this represents a compound annual growth rate (CAGR) of 21% from 2024, highlighting the increasing adoption of digital technologies in healthcare delivery.
It notes that “various healthcare organisations have started implementing telehealth solutions to provide care to patients from remote locations and reduce disease exposure in clinical settings”.
This shift towards remote care, fuelled by the Covid-19 pandemic, is a major driver of growth in the digital healthcare market, according to the report.
It also credits the ageing population and the associated...