Digital health market to be worth $1.3 trillion by 2030: 5 takeaways

A March 23 report from market research firm Market Research Future projected the digital health market to be worth $1.3 trillion by 2030.



Five takeaways:

  1. Growth in the digital health market is fueled by the increased adoption of smartphones and the rollout of 5G technology.
  2. The report identifies compliance requirements as a potential limit on growth.
  3. The report projects the market to grow at a 23.7 percent compound annual growth rate from 2022 to 2030.
  4. Cerner, Athenahealth and AT&T were identified as major contenders in the digital health market.
  5. The report identified an aging population and continued demand for healthcare as a source of growth for digital health.

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