Digital Transformation Market in Healthcare Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

 

Digital Transformation Market in Healthcare
Digital Transformation Market 

Digital transformation in healthcare is enhancing care quality and expanding access to it. Healthcare facilities are using and providing digital services including electronic health records, telemedicine, and artificial intelligence devices to enhance patient care, save time, increase efficiency, decrease errors, and raise staff productivity. By giving patients care that is centred on them, patients, digital transformation in healthcare is also enhancing the quality of care given to patients. Additionally, it assists in maintaining all healthcare tasks and avoiding mistakes. In order to increase productivity, medical equipment manufacturers are now also using digital technologies.

The need for improved healthcare services has increased as a result of the recent sharp growth in healthcare spending per capita. In order to meet the rising demand for patients, numerous government and healthcare organisations, including clinics, hospitals, and pharmaceutical firms, are spending more and more in IT infrastructure. North America held a 53.5 percent value share in the global healthcare digital transformation market in 2018, followed by Europe and Asia Pacific, in that order.

The number of elderly people worldwide is significantly rising, which is anticipated to increase demand for eHealth services for remote patient monitoring. In 2050, one in six persons worldwide will be 65 years of age or older, or 16 percent of the population, up from one in eleven in 2019 according to World Population Prospects: 2019 Revision. In addition, rising rates of chronic diseases including diabetes and cancer are anticipated to fuel market expansion in the near term.

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