Digital Health Market Outlook:
Digital Health Market size was valued at USD 278.09 billion in 2024 and is set to exceed USD 2.33 trillion by 2034, expanding at over 23.7% CAGR during the forecast period i.e., between 2025-2034. In the year 2025, the industry size of digital health is evaluated at USD 334.11 billion.
The market growth is driven by rising use of mobile applications for health and fitness, followed by rising efforts by government bodies to boost the digital health. For instance, more than 318,000 health apps were available for download in 2018 nearly twice as many as there were in the biggest app stores in 2015 across the globe. Also, United Nations and the World Health Organization introduced a General Plan of Work, 2019-2023, which involves accelerating the creation, expansion, and use of digital health solutions.
In addition, Growing adoption of telehealth services and the rising use of smartphones by experts will propel the market revenue. Numerous telemedicine solutions, including websites, robots, and chatbots, enable virtual doctor visits and primary care, e-prescriptions, remote patient monitoring, and screening in real-time, all of which is playing a crucial role in providing timely attention to the patient. Almost 25% of doctors use mobile devices to provide patient care, and 4 out of 5 doctors use them to help with their daily tasks. Furthermore, telemedicine has become 50% more popular in behavioral health for scheduling virtual consultation with counsellors, psychologists, and other behavioral health.