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Global Digital Health Market Is Expected to Post a CAGR Close to 22% During the Period 2019-2023
The global digital health market is expected to post a CAGR close to 22% during the period 2019-2023, according to the latest market research report by Technavio.
- mHealth technologies are gaining significant prominence in the digital health market as these are used for chronic disease management, disease surveillance, and treatment support.
- Healthcare professionals are finding it easier to access patient information and diagnose diseases by using mHealth technology driven apps on smartphones
In addition, with the rise in adoption of smartphones and increase in penetration of the Internet, there has been a considerable growth in the use of mHealth technologies. Healthcare professionals are finding it easier to access patient information and diagnose diseases by using mHealth technology driven apps on smartphones. These apps also help the users in tracking personal health data including allergies and medications. Furthermore, mHealth services also enable the dissemination of essential medical information among healthcare professionals. This is expected to further drive the digital health market in the forthcoming years.
Source:https://finance.yahoo.com/news/global-digital-health-market-2019-200000445.html