Share this article
Share this article
ResearchAndMarkets.com's offering.
The U.S. digital health market is predicted to reach US$191.64 billion in 2025, progressing at a CAGR of 28.40%, over the period 2021-2025.
The factors such as increasing geriatric population, growing usage of mobile devices, surging prevalence of arthritis, hike in healthcare expenditure, expanding urbanization and mounting penetration of internet users would drive the growth of the market.
However, the market growth would be challenged by high capital cost and installations, lack of interoperability and data breach and security concerns.
A few notable trends include upsurge in the number of healthcare apps, surging occurrence of chronic diseases, escalating penetration of electronic health record (EHR) systems and increasing importance of wearable devices.