U.S. Digital Health Market Size & Outlook, 2024-2030
U.S. digital health market, 2018-2030 (US$M)
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U.S. digital health market highlights
- The U.S. digital health market generated a revenue of USD 81,169.1 million in 2023 and is expected to reach USD 276,623.9 million by 2030.
- The U.S. market is expected to grow at a CAGR of 19.1% 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.
Digital health market data book summary
| Market revenue in 2023 | USD 81,169.1 million |
| Market revenue in 2030 | USD 276,623.9 million |
| Growth rate | 19.1% (CAGR from 2023 to 2030) |
| Largest segment | Tele-healthcare |
| Fastest growing segment | Tele-Healthcare |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, U.S. accounted for 33.6% of the global digital health market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. digital health market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 54,611.8 million by 2030.
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Digital Health Market Scope
Digital Health Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. 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 43.2% in 2024. Horizon Databook has segmented the U.S. 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.
The U.S. leads in the digitalization of healthcare in North American region, owing to advanced healthcare management & innovative software developments and presence of large number of players operating across segments, such as mobile & network operations.
Reports suggest that around 82% of the population aged between 18 and 49 is using smartphones, enabling them to access any mHealth app. Furthermore, as per estimates published by Statista, in 2020, there were approximately 22.6 million smartwatches sold in the U.S. Health-related mobile apps are very popular among the U.S population due to rising health consciousness.
Fitness and nutrition tracking has been a leading factor aiding the adoption of digital healthcare systems, indicating a strong consumer preference for these apps. Rise in younger population that has higher awareness & inclination toward health-related issues and growth in disposable income can be attributed to the high market share.
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Our clientele includes a mix of digital health market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. digital health market , including forecasts for subscribers. This country databook contains high-level insights into U.S. digital health market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. digital health market size, by technology, 2018-2030 (US$M)
U.S. Digital Health Market Outlook Share, 2024 & 2030 (US$M)
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