The Europe digital health market size is anticipated to reach USD 267.2 billion by 2030 and is projected to grow at a CAGR of 22.3% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increasing aging population, rise in prevalence of chronic disorders in Europe, and growing demand for remote patient monitoring are among the major factors driving the market growth in this region. For instance , as per the Eurostat statistics, on 1 January 2023, the estimated population of the European Union was 448.8 million people, with 21.3% of the population being aged 65 years and over. In addition, improved IT infrastructure, growing digitalization of healthcare, and rising medical expenses are also anticipated to accelerate the market growth over the forecast period. Moreover, the shortage of healthcare professionals and overburdened healthcare facilities are also expected to increase the adoption of digital health platforms.
Growing internet and smartphone penetration in Europe and increasing adoption of mHealth platforms by medical professionals for better patient engagement is expected to boost market growth. In addition, the rise in government initiatives for the promotion and development of eHealth services also supports market growth.In 2019 , France implemented a new healthcare act based on the 'My Health 2022' plan, which aims to enhance the country's eHealth focus. The plan includes improving interoperability, implementing electronic health records (EHR) nationwide, utilizing AI in healthcare, creating a data hub for healthcare data sets, and investing in telemedicine introduced by the public health system.
In addition, the growing preference for healthcare platform upgrade services for better patient engagements in remote locations is driving the service segment growth. Moreover, training, staffing, maintenance, and resource allocation for pre- and post-installation of digital platforms to provide better remote healthcare services also support the market growth. Furthermore, growing market player’s initiatives to gain a competitive edge is driving the market growth. In April 2022, Amazon Web Services (AWS) in collaboration with University College London (UCL) established a digital innovation center at the IDEALondon technology hub. The center aims to help healthcare and education organizations expedite digital innovation and tackle worldwide challenges in their respective domains.
In addition, increasing prevalence of chronic diseases such as diabetes, cardiovascular, and respiratory diseases, among others are accelerating market growth. For instance , according to the European Society of Cardiology, cardiovascular disease (CVD) is responsible for causing 3.9 million deaths in Europe and over 1.8 million deaths in the European Union every year.
The major players operating in the market are adopting strategies such as collaborations, supply agreements, and partnerships with a major focus on enhancing the product formation and reach. For instance, in October 2021, Vodafone Group patterned with Deloitte to launch Vodafone Center for Health, a virtual care center, utilizing its connected health solutions and Deloitte’s healthcare consulting expertise to enhance healthcare accessibility across Europe. In August 2021, Lemonaid Health, an online healthcare company based in San Francisco, expanded its services internationally. The company has partnered with Boots UK to launch its services in the UK.
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Based on technology, the tele-healthcare segment held the market with the largest revenue share of 43.2% in 2023, owing to the increasing aging population and growing demand for remote patient monitoring
Based on component, the software segment is anticipated to grow at the fastest CAGR over the forecast period, owing to the rising need for efficient management of organizational workflows in healthcare organizations
Based on application, the diabetes segment held the market with the largest revenue share of 24.3% in 2023, owing to the rising cases of diabetes among the population
Based on end-use, the patients segment led the market with the largest revenue share of 34.1% in 2023, due to the growing preference for telehealth services among the population
Grand View Research has segmented the Europe digital health market based on technology, component, application, end-use, and country:
Europe Digital Health Technology Outlook (Revenue, USD Million, 2018 - 2030)
Tele-healthcare
Tele-care
Activity Monitoring
Remote Medication Management
Tele-health
LTC Monitoring
Video Consultation
mHealth
Wearables & Connected Medical Devices
Vital Sign Monitoring Devices
Heart Rate Monitors
Activity Monitors
Electrocardiographs
Pulse Oximeters
Spirometers
Blood Pressure Monitors
Others
Sleep Monitoring Devices
Sleep Trackers
Wrist Actigraphs
Polysomnographs
Others
Electrocardiographs Fetal And Obstetric Devices
Neuromonitoring Devices
Electroencephalographs
Electromyographs
Others
mHealth Apps
Medical Apps
Women's Health
Menstrual Health
Pregnancy Tracking & Postpartum Care
Menopause
Disease Management
Others
Chronic Disease Management Apps
Diabetes Management Apps
Blood Pressure and ECG Monitoring Apps
Mental Health Management Apps
Cancer Management Apps
Obesity Management Apps
Other Chronic Disease Management Apps
Personal Health Record Apps
Medication Management Apps
Diagnostic Apps
Remote Monitoring Apps
Others (Pill Reminder, Medical Reference, Professional Networking, Healthcare Education)
Fitness Apps
Exercise & Fitness
Diet & Nutrition
Lifestyle & Stress
Services
mHealth Service, By Type
Monitoring Services
Independent Aging Solutions
Chronic Disease Management & Post-Acute Care Services
Diagnosis Services
Healthcare Systems Strengthening Services
Others
Digital Health Systems
EHR
E-prescribing Systems
Healthcare Analytics
Europe Digital Health Component Outlook (Revenue, USD Million, 2018 - 2030)
Software
Hardware
Services
Europe Digital Health Application Outlook (Revenue, USD Million, 2018 - 2030)
Obesity
Diabetes
Cardiovascular
Respiratory Diseases
Neurology
Others
Europe Digital Health End-use Outlook (Revenue, USD Million, 2018 - 2030)
Patients
Providers
Payers
Others
Europe Digital Health Country Outlook (Revenue, USD Million, 2018 - 2030)
UK
Germany
France
Italy
Spain
Denmark
Sweden
Norway
List of Key Players in the Europe Digital Health Market
Cerner Corporation
Veradigm LLC
Apple Inc
Telefonica S.A.
McKesson Corporation
Epic Systems Corporation
QSI Management, LLC
AT&T
Vodafone Group
Airstrip Technologies
Google, Inc
Samsung Electronics Co. Ltd
HiMS
Orange
Qualcomm Technologies, Inc
Softserve
Computer Programs and Systems, Inc
IBM Corporation
CISCO Systems, Inc
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