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Industry Landscape
The digital health industry is experiencing rapid growth, driven by increasing consumer demand for personalized and convenient health management solutions. It's characterized by innovation in mobile apps, wearable technology, and AI-driven insights, moving towards integrated 'super apps' that offer holistic well-being support. Focus on data privacy and regulatory compliance remains crucial.
Total Assets Under Management (AUM)
Digital Health Market Size in United States
~309.2 billion USD
(18.3% CAGR)
- Digital Health Market Size: The global digital health market size was valued at 309.2 billion USD in 2023.
- Growth Drivers: This growth is primarily fueled by increasing smartphone penetration, rising awareness about health and fitness, and the growing adoption of telehealth services.
- Future Outlook: The market is expected to continue its robust growth, driven by technological advancements and supportive regulatory frameworks. (Statista, 2024; Grand View Research, 2024)
Total Addressable Market
309.2 billion USD