Europe Digital Health Market Size & Outlook, 2023-2030
Europe digital health market, 2018-2030 (US$M)
Related Markets
Europe digital health market highlights
- The Europe digital health market generated a revenue of USD 66,062.7 million in 2023.
- The market is expected to grow at a CAGR of 22.1% from 2024 to 2030.
- In terms of segment, tele-healthcare was the largest revenue generating technology in 2023.
- Tele-Healthcare is the most lucrative technology segment registering the fastest growth during the forecast period.
- Country-wise, Denmark is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 66,062.7 million |
| Market revenue in 2030 | USD 266,907.6 million |
| Growth rate | 22.1% (CAGR from 2023 to 2030) |
| Largest segment | Tele-healthcare |
| Fastest growing segment | Tele-Healthcare |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Tele-Healthcare, MHealth, Healthcare Analytics, Digital Health Systems |
| Key market players worldwide | Epic Systems Corporation, Telefonica SA, AT&T, Airstrip Technologies, Quantum-Si Inc Ordinary Shares - Class A, Alphabet Inc Class C, Orange SA, SoftServe, Hims & Hers Health Inc Ordinary Shares - Class A, Computer Programs and Systems Inc. (CPSI), Vocera Communications, International Business Machines Corp, Cisco Systems Inc, Apple Inc, Oracle Corp, Veradigm Inc, McKesson Corp, Vodafone Group PLC, Qualcomm Inc, Samsung Electronics Co Ltd |
Other key industry trends
- In terms of revenue, Europe region accounted for 27.4% of the global digital health market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 252,551.0 million by 2030.
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Digital Health Market Scope
Digital Health Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe digital health market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to digital health market will help companies and investors design strategic landscapes.
Tele-healthcare was the largest segment with a revenue share of 43.29% in 2023. Horizon Databook has segmented the Europe digital health market based on tele-healthcare, mhealth, healthcare analytics, digital health systems covering the revenue growth of each sub-segment from 2018 to 2030.
Digital health in Europe is expected grow significantly owing to increasing number of people embracing digital health technologies, like EHR, health apps & services, telemedicine, and other digital health techniques.
European markets and governments mainly focus on the digitalization of monitoring services linked with chronic diseases and offer solutions that would ease access to health records and avoid repetition of unwanted prescriptions & tests.
Rise in geriatric population is driving demand for digital health in chronic care management, diagnostic solutions, and post-acute care management. In addition, increasing adoption of smartphones is driving growth of various electronic healthcare services, as most smartphones enable access to digital healthcare information of a patient, irrespective of location and time.
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Our clientele includes a mix of digital health market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe digital health market , including forecasts for subscribers. This continent databook contains high-level insights into Europe digital health market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe digital health market size, by country, 2018-2030 (US$M)
Europe Digital Health Market Outlook Share, 2023 & 2030 (US$M)
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