Rising Regulatory Compliance and Data Sovereignty Boosts Digital Health Market Growth
According to our new research study on “Digital Health Market Forecast to 2031 – by Offering, Type, mHealth, Telehealthcare, Application, and End User,” the digital health market size was valued at US$ 389.18 billion in 2024 and is projected to reach US$ 1921.38 billion by 2031; it is expected to register a CAGR of 25.7% during 2025–2031. The market report highlights factors contributing to the digital health market share and prominent players, along with their developments in the market.
The increased focus on mental health and women's health has generated a demand for specialty health care, which is driving innovation in the digital health space. Mental and women's health have been under-consumed in mainstream care, whether by stigma, not enough resources or other attention. However, this increased recognition of the importance of mental health, and women's specific health concerns, has changed the way care is provided. There is an increasing demand for care to be accessible, tailored, and digital - and with digital health platforms that address the full breadth of digital health (mental health and wellness apps, teletherapy, online forums and support communities, health wearables for hormonal flows or pregnancy wellness, etc.), technology is being used to produce private, accessible and lower cost solutions for those individuals who might not access the traditional face-to-face 'authorised' provider due to stigma around health visits or the distance when there are no providers.
Digital Health Market
Digital Health Market Size and Forecast (2021 - 2031) , Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage:By Offerings (Services, Software and Hardware), Type (mHealth, Telehealthcare, Healthcare Analytics, and Digital Health Systems), 1mhealth (Apps and earables), 12 Telehealthcare (Telehealth and Telecare), Application (Chronic Disease Management, Behavioural Health, Health and Fitness, and Others), End User (Hospitals and Clinics, Patients and Consumers, and Others), and Geography (North America, Europe, Asia Pacific, Middle East and Africa, South and Central America)
Digital Health Market Forecast 2025-31 |Trends & Key Players
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Advancements in data analytics, artificial intelligence, and mobile connectivity, there are more opportunities for digital health tools to support personalized interventions, real-time monitoring of patients, and better patient outcomes and engagement. Investors and healthcare professionals recognize that the emphasis on women's and mental health responds to a social need of immediate relevance and a substantial growth opportunity. Governments and institutions have committed to providing policy support and projects that help address women's and mental health, and this is driving digital health innovations in our field. The positive combined impact of this social need, technology-driven innovations and a supportive policy environment enables the development of holistic, scalable and easy to use products and services. Thus, the focus on women's and mental health has fostered a better level of integration in health care, filling critical gaps while benefitting from new commercial and health effect opportunities, and facilitating the growth of the digital health market.
Digital Health Market Trends
Digital therapeutics are disrupting healthcare systems, spikes in demand across healthcare sectors will push the US healthcare system to adapt to a more accessible, scalable, and individualized treatment option. Digital therapeutics, unlike traditional treatment, utilizes software as the intervention through mobile apps, virtual coaching, and interactive programming, in order to deliver evidence-based therapies directly to patients. Digital therapeutics are dealing with some of the most pressing questions in healthcare today; access to specialists, geography, cost and patient engagement post-education have never been more challenging. Digital therapeutics provide remote monitoring, real-time feedback, and an extended ecosystem for the patients involved which keeps them engaged in the treatment, improves adherence and outcomes.
When digital therapeutic solutions are connected to a more inclusive digital health ecosystem or leverages telemedicine, artificial intelligence, or big data analytics, the Hanlon's response will be delayed just long enough for healthcare systems to improve outcomes while costing less money. Regulatory bodies that are willing to accept and approve solutions in the digital therapeutic space add credibility and encourage investment. Digital therapeutics provide an opportunity in the market and prove to have legitimate opportunity for the future of digital health as treatment modalities are potentially face-to-face with the health of populations and patients alike.
The digital health market growth is attributed to an increase in the use of digital health wearables. Wearables are body-worn electronic devices, like smartwatches, fitness trackers, and biosensors, that collect real-time health-related data continuously. These wearables provide customers with advantages given their ability to provide continuous tracking of heart rate, sleep, physical activity and other biometrics without interfering with routine daily activities. They enable active health status management, early detection of anomalies, and improved motivations through gamification and regular feedback. The demand for wearables increased based on advancements in sensors, consumers' increasing awareness of health and improvements to integration of wearables with telehealth platforms. As the digital health ecosystem progresses, wearables will be at the foundation of the personalized and data-based approach to health care delivery.
The digital health market analysis is performed by considering the following segments: offering, type, mhealth, telehealthcare, application, and end user. By offering, the market is segmented into services, software, and hardware. The services segment held the largest digital health market share in 2024. Per type, the market is classified into mHealth, telehealthcare, healthcare analytics, and digital health systems. The mHealth segment held a larger share of the digital health market in 2024. Based on mHealth, the digital health market report is bifurcated into Apps and wearables. The Apps segment dominated the share of the digital health market in 2024. By telehealthcare, the market is segmented into telehealth and telecare. The telehealth segment held the largest digital health market share in 2024. By application, the market is categorized into chronic disease management, behavioural health, health & fitness, and others. The chronic disease management segment held a larger share of the digital health market in 2024. Based on end user, the digital health market report is divided into hospitals & clinics, patients & consumers, and others. The hospitals & clinics segment dominated the share of the digital health market in 2024. Hospitals and clinics gain from digital health from greater operational efficiencies and improved patient care driven by data. Electronic Health Records (EHRs) increase efficiency by simplifying documentation, decreasing errors, giving immediate access to patient histories resulting in better diagnosis and treatment planning. Telehealth services increase the distance healthcare professionals can reach with their patients, increasing the number of patients they address at a distance, and offloading pressure on space constraints of physical infrastructure. Decision-support systems, and AI-enabled diagnostics help clinicians diagnose diseases sooner and more accurately.
CoreSite Realty Corporation, CyrusOne Inc, Iron Mountain Inc, Digital Realty Trust Inc, Equinix Inc, Telehouse, NTT Data Corp, International Business Machines Corp, Rittal GmbH & Co KG, and AT&T are leading companies profiled in the digital health market report.
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