Digital Health Market Size Worth $1.5 Trillion By 2030
The global digital health market size was valued at USD 175.6 billion in 2021 and is expected to reach USD 1.5 trillion by 2030, expanding at a CAGR of 27.7% from 2022 to 2030. Factors including an uptrend in smartphone penetration, technological innovations in internet coverage, rising healthcare IT expenses, advancements in IT infrastructure, increasing readiness for the latest technology, a shortage of skilled healthcare providers, overburdened healthcare facilities, and surging medical expenses are predominantly fueling the market demand for digital health solutions.
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