Digital health market to hit $809B by 2030: 5 takeaways

Despite a drop in funding and macroeconomic concerns, a report from market research firm Grand View Research projects the global digital health market to hit $809.2 billion by 2030.

Five takeaways from the April 12 report:

  1. The U.S. digital therapeutics market will reach $10.5 billion by 2030, according to the report.

  2. Cerner, Allscripts, Google and Epic were listed as key players in the digital health market.

  3. The report attributed the market growth to the proliferation of smartphones, improvements of internet connectivity and advancement in healthcare infrastructure. 

  4. North America has a large share of the digital health market, but Asia Pacific had the highest growth during the forecast period.

  5. The COVID-19 pandemic affected the digital healthcare market positively as patients became more accustomed to telehealth. 

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