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Published on : Feb 07, 2017

ALBANY, New York, Feb 07, 2017: The report offers a thorough overview, providing information related to the key dynamics that are projected to encourage the growth of the overall market in the next few years. In addition, the product portfolio, current trends, primary applications, technological developments, key regional segments, and the competitive landscape of the overall market in the next few years. Furthermore, with the help of analytical tools, the research study has provided historical data, anticipated statistics, key growth factors, and limitations in the global digital healthcare industry.

The global market for digital healthcare is expected to witness progressive growth in the near future, owing to the rising prevalence of chronic diseases across the globe. In addition, the growing demand for innovative and advanced information systems in the healthcare sector and favorable government policies are estimated to fuel the growth of the overall industry in the next few years. The increasing emphasis on remote monitoring services to encourage home healthcare services is further projected to accelerate the market growth in the near future.

On the other hand, the need for high capital expenditure, security and privacy issues, and lack of inadequate infrastructure are some of the factors likely to inhibit the growth of the global digital healthcare industry in the next few years. Nonetheless, the rising inclination of consumers and healthcare facilities towards digital healthcare is predicted to work in favor of the global market.

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Among the key geographical segments, the digital healthcare market in North America is projected to witness high rate of adoption throughout the forecast period. With the availability of high-tech healthcare infrastructure and the growing focus on technological advancements are some of the factors that are anticipated to encourage the development of the global digital healthcare market in the next few years. Furthermore, the growing popularity of medical tourism, especially in the developing economies is expected to create lucrative opportunities for market players. The market share and growth rate of each regional segment have been provided in the research study.

The global market for digital healthcare is expected to witness a high level of competition throughout the forecast period. The presence of a large number of players operating in the market and the increasing focus of players on the expansion of the product portfolio are anticipated to contribute towards the development of the worldwide market in the next few years. Some of the players operating in the global digital healthcare market are Cisco, Evolent, Airstrip, Qualcomm, Medtronic, Apple, LifeScan, Abbott, Telemedicine, Bayer, Bosch Healthcare, Cardio Net, Polycom, Explorys, Alcatel-Lucent, Microsoft, Huawei, Agfa-Gevaert, Cerner, Hoffmann-La Roche, AT&T, Honeywell Life Care, McKesson, and Epic Systems.

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