Digital Transformation in Healthcare Market - Global Industry Analysis

Digital Transformation in Healthcare Market – By Technology (Artificial Intelligence, IoT, Cloud Computing, and Big Data), By End-User (Hospitals & Clinics, Pharmaceutical Companies, and Home care Settings), and By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Published Date: 07-Jun-2021 Category: Biotechnology Report Format : PDF Pages: 120 Report Code: ZMR-6359 Status : Published

The global Digital Transformation in Healthcare market, which was estimated at about 2.81 (USD Billion) in 2019 and is predicted to accrue earnings worth 5.31(USD Billion) by 2026, is set to record a CAGR of nearly over 12.5% during 2020-2026.

Description

The global Digital Transformation in Healthcare market, which was estimated at about 2.81 (USD Billion) in 2019 and is predicted to accrue earnings worth 5.31(USD Billion) by 2026, is set to record a CAGR of nearly over 12.5% during 2020-2026. The report offers valuation and analysis of Digital Transformation in Healthcare market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, limitations, sales estimates, avenues, current & emerging trends, and industry-validated market data. The report offers historical data from 2016 to 2019 along with a forecast from 2020 to 2026 based on value (USD Billion).

Report Scope :

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Digital Transformation in Healthcare: Overview

Digital transformation in healthcare sector has helped physicians focus on adopting patient-centric approach in healthcare. Apart from this, digital transformation will help doctors streamline functionalities, know the requirements of patients, build patient loyalty, and create patient trust in healthcare institutions. Requirement of improving quality of healthcare services and need for increasing its global reach as well as its access at remote or distant locations will enhance the digital transformation trends in healthcare sector over the forecast timeline.

Digital Transformation in Healthcare: Growth Drivers

Acceptance of digital systems in healthcare industry will proliferate the expansion of digital transformation in healthcare sector over the upcoming years. Apart from this, introduction of wearable equipment in healthcare sector will pave a way for the expansion of digital transformation in healthcare market over the assessment period. In addition to this, surging acceptance of smartphones as well as rise in the penetration of web will steer digital transformation in healthcare industry over 2020-2026. Furthermore, massive focus on online & remote clinical support is predicted to create humungous requirement for online connectivity in healthcare sector, thereby driving market trends. Apparently, need for uninterrupted supply of power and strengthening of IT systems will define the growth of digital transformation in healthcare industry over the forecast timespan. However, large-scale utility of cloud solutions & IoT in healthcare sector enhances the issues of cyber-crimes & data breaches, thereby hampering the business growth.

Moreover, surge in the telemedicine trends across the globe will create lucrative growth avenues for digital transformation in healthcare market over 2020-2026. Onset of big data and need for easy access to medical information will proliferate digital transformation in healthcare industry size over the upcoming years. Emergence of medical transcription sector and need for digitizing healthcare records has resulted in launching of healthcare apps, thereby further escalating the growth of digital transformation in healthcare industry.

Global Digital Transformation In Healthcare Market

North America To Contribute Majorly Towards Overall Market Size By 2026

The expansion of digital transformation in healthcare industry in North America over forecast timeline is owing to rise in the acceptance of remote patient monitoring activities in Canada and the U.S. In addition to this, adoption of cloud services in healthcare industry and rise in use of predictive analytics in healthcare services will embellish the regional market growth over 2020-2026.

Key players profiled in the study are PWC LLP, Siemens Healthineers, Accenture PLC., GE Healthcare Limited, AT&T Inc., CGI Group Inc., Deloitte LLP, IBM Corporation, NTT Data Services, and Syntel Inc.

The global Digital Transformation in Healthcare Market is segmented as follows:

By End-User:

  • Hospitals & Clinics
  • Pharmaceutical Companies
  • Home care Settings

By Technology:

  • Artificial Intelligence
  • IoT
  • CLOUD COMPUTING
  • Big Data

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
  • Chapter 2. Executive Summary
    • 2.1. Digital Transformation in Healthcare Market, 2016–2026 (USD Billion)
    • 2.2. Digital Transformation in Healthcare Market: Snapshot
  • Chapter 3. Global Digital Transformation in Healthcare Market– Industry Analysis
    • 3.1. Digital Transformation in Healthcare Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Acceptance of digital systems in healthcare industry will pruliferate the expansion of digital transformation in healthcare sector over the upcoming years.
      • 3.2.2. Introduction of wearable equipment in healthcare sector will pave a way for the expansion of digital transformation in healthcare market over the assessment period.
    • 3.3. Porter’s Five Forces Analysis
    • 3.4. Market Attractiveness Analysis
      • 3.4.1. Market attractiveness analysis By End-User
      • 3.4.2. Market attractiveness analysis By Technology
  • Chapter 4. Global Digital Transformation in Healthcare Market– Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Digital Transformation in Healthcare Market: company market share, 2018
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Technology launches
      • 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global Digital Transformation in Healthcare Market– End-User Analysis
    • 5.1. Global Digital Transformation in Healthcare Market overview: By End-User
      • 5.1.1. Global Digital Transformation in Healthcare Market share, By End-User , 2019 and 2026
    • 5.2. Hospitals & Clinics
      • 5.2.1. Global Digital Transformation in Healthcare Market By Hospitals & Clinics, 2016–2026 (USD Billion)
    • 5.3. Pharmaceutical Companies
      • 5.3.1. Global Digital Transformation in Healthcare Market By Pharmaceutical Companies, 2016–2026 (USD Billion)
    • 5.4. Home care Settings
      • 5.4.1. Global Digital Transformation in Healthcare Market By Home care Settings, 2016–2026 (USD Billion)
  • Chapter 6. Global Digital Transformation in Healthcare Market– Technology Analysis
    • 6.1. Global Digital Transformation in Healthcare Market overview: By Technology
      • 6.1.1. Global Digital Transformation in Healthcare Market share, By Technology, 2019 and 2026
    • 6.2. Artificial Intelligence
      • 6.2.1. Global Digital Transformation in Healthcare Market By Artificial Intelligence , 2016–2026 (USD Billion)
    • 6.3. CLOUD COMPUTING
      • 6.3.1. Global Digital Transformation in Healthcare Market By CLOUD COMPUTING, 2016–2026 (USD Billion)
    • 6.4. IoT
      • 6.4.1. Global Digital Transformation in Healthcare Market By IoT, 2016–2026 (USD Billion)
    • 6.5. Big Data
      • 6.5.1. Global Digital Transformation in Healthcare Market By Big Data, 2016–2026 (USD Billion)
  • Chapter 7. Company Profiles
    • 7.1. PWC LLP
      • 7.1.1. Overview
      • 7.1.2. Financials
      • 7.1.3. Technology Portfolio
      • 7.1.4. Business Strategy
      • 7.1.5. Recent Developments
    • 7.2. Siemens Healthineers
      • 7.2.1. Overview
      • 7.2.2. Financials
      • 7.2.3. Technology Portfolio
      • 7.2.4. Business Strategy
      • 7.2.5. Recent Developments
    • 7.3. Accenture PLC.
      • 7.3.1. Overview
      • 7.3.2. Financials
      • 7.3.3. Technology Portfolio
      • 7.3.4. Business Strategy
      • 7.3.5. Recent Developments
    • 7.4. GE Healthcare Limited
      • 7.4.1. Overview
      • 7.4.2. Financials
      • 7.4.3. Technology Portfolio
      • 7.4.4. Business Strategy
      • 7.4.5. Recent Developments
    • 7.5. AT&T Inc.
      • 7.5.1. Overview
      • 7.5.2. Financials
      • 7.5.3. Technology Portfolio
      • 7.5.4. Business Strategy
      • 7.5.5. Recent Development
    • 7.6. CGI Group Inc.
      • 7.6.1. Overview
      • 7.6.2. Financials
      • 7.6.3. Technology Portfolio
      • 7.6.4. Business Strategy
      • 7.6.5. Recent Development
    • 7.7. Deloitte LLP
      • 7.7.1. Overview
      • 7.7.2. Financials
      • 7.7.3. Technology Portfolio
      • 7.7.4. Business Strategy
      • 7.7.5. Recent Development
    • 7.8. IBM Corporation
      • 7.8.1. Overview
      • 7.8.2. Financials
      • 7.8.3. Technology Portfolio
      • 7.8.4. Business Strategy
      • 7.8.5. Recent Development
    • 7.9. NTT Data Services
      • 7.9.1. Overview
      • 7.9.2. Financials
      • 7.9.3. Technology Portfolio
      • 7.9.4. Business Strategy
      • 7.9.5. Recent Development
    • 7.10. Syntel Inc.
      • 7.10.1. Overview
      • 7.10.2. Financials
      • 7.10.3. Technology Portfolio
      • 7.10.4. Business Strategy
      • 7.10.5. Recent Development

List of Figures

1.    Market research process
2.    Market research methodology
3.    Global Digital Transformation in Healthcare Market, 2016–2026 (USD Billion)
4.    Porter’s Five Forces Analysis
5.    Global Digital Transformation in Healthcare Market attractiveness, By End-User
6.    Global Digital Transformation in Healthcare Market attractiveness, By Technology
7.    Global Digital Transformation in Healthcare Market Share by End-User ,2019 and 2026 (USD Billion)
8.    Global Digital Transformation in Healthcare Market by Hospitals & Clinics ,2016–2026 (USD Billion)
9.    Global Digital Transformation in Healthcare Market by Pharmaceutical Companies,2016–2026 (USD Billion)
10.    Global Digital Transformation in Healthcare Market by Home care Settings,2016–2026 (USD Billion)
11.    Global Digital Transformation in Healthcare Market Share by Technology ,2019 and 2026 (USD Billion)
12.    Global Digital Transformation in Healthcare Market by Artificial Intelligence , and,2016–2026 (USD Billion)
13.    Global Digital Transformation in Healthcare Market by Big Data,2016–2026 (USD Billion)
14.    Global Digital Transformation in Healthcare Market by IoT,2016–2026 (USD Billion)
15.    Global Digital Transformation in Healthcare Market by CLOUD COMPUTING,2016–2026 (USD Billion)
16.    Global Digital Transformation in Healthcare Market share, by Region, 2019 and 2026
17.    North America Digital Transformation in Healthcare Market, 2016–2026 (USD Billion)
18.    Europe Digital Transformation in Healthcare Market, 2016–2026 (USD Billion)
19.    Asia Pacific Digital Transformation in Healthcare Market, 2016–2026 (USD Billion)
20.    Latin America Digital Transformation in Healthcare Market, 2016–2026 (USD Billion)
21.    The Middle East and Africa Digital Transformation in Healthcare Market, 2016–2026 (USD Billion)


List of Tables

1.    Global Digital Transformation in Healthcare Market: snapshot
2.    Drivers of the Digital Transformation in Healthcare Market: impact analysis
3.    North America Digital Transformation in Healthcare Market revenue, By End-User, 2016–2026 (USD Billion)
4.    North America Digital Transformation in Healthcare Market revenue, By Technology, 2016–2026 (USD Billion)
5.    The U.S. Digital Transformation in Healthcare Market revenue, By End-User, 2016–2026 (USD Billion)
6.    The U.S. Digital Transformation in Healthcare Market revenue, By Technology, 2016–2026 (USD Billion)
7.    Rest of North America Digital Transformation in Healthcare Market revenue, By End-User, 2016–2026 (USD Billion)
8.     Rest of North America Digital Transformation in Healthcare Market revenue, By Technology, 2016–2026 (USD Billion)
9.     Europe Digital Transformation in Healthcare Market revenue, By End-User, 2016–2026 (USD Billion)
10.    Europe Digital Transformation in Healthcare Market revenue, By Technology, 2016–2026 (USD Billion)
11.    UK Digital Transformation in Healthcare Market revenue, By End-User, 2016–2026 (USD Billion)
12.    UK Digital Transformation in Healthcare Market revenue, By Technology, 2016–2026 (USD Billion)
13.    France Digital Transformation in Healthcare Market revenue, By End-User, 2016–2026 (USD Billion)
14.    France Digital Transformation in Healthcare Market revenue, By Technology, 2016–2026 (USD Billion)
15.    Germany Digital Transformation in Healthcare Market revenue, By End-User, 2016–2026 (USD Billion)
16.    Germany Digital Transformation in Healthcare Market revenue, By Technology, 2016–2026 (USD Billion)
17.    Rest of Europe Digital Transformation in Healthcare Market revenue, By End-User, 2016–2026 (USD Billion)
18.    Rest of Europe Digital Transformation in Healthcare Market revenue, By Technology, 2016–2026 (USD Billion)
19.    Asia Pacific Digital Transformation in Healthcare Market revenue, By End-User, 2016–2026 (USD Billion)
20.    Asia Pacific Digital Transformation in Healthcare Market revenue, By Technology, 2016–2026 (USD Billion)
21.    China Digital Transformation in Healthcare Market revenue, By End-User, 2016–2026 (USD Billion)
22.    China Digital Transformation in Healthcare Market revenue, By Technology, 2016–2026 (USD Billion)
23.    Japan  Digital Transformation in Healthcare Market revenue, By End-User, 2016–2026 (USD Billion)
24.    Japan Digital Transformation in Healthcare Market revenue, By Technology, 2016–2026 (USD Billion)
25.    India Digital Transformation in Healthcare Market revenue, By End-User, 2016–2026 (USD Billion)
26.    India Digital Transformation in Healthcare Market revenue, By Technology, 2016–2026 (USD Billion)
27.    Rest of Asia Pacific Digital Transformation in Healthcare Market revenue, By End-User, 2016–2026 (USD Billion)
28.    Rest of Asia Pacific Digital Transformation in Healthcare Market revenue, By Technology, 2016–2026 (USD Billion)
29.    Latin America Digital Transformation in Healthcare Market revenue, By End-User, 2016–2026 (USD Billion)
30.    Latin America Digital Transformation in Healthcare Market revenue, By Technology, 2016–2026 (USD Billion)
31.    Brazil Digital Transformation in Healthcare Market revenue, By End-User, 2016–2026 (USD Billion)
32.    Brazil Digital Transformation in Healthcare Market revenue, By Technology, 2016–2026 (USD Billion)
33.    Rest of Latin America Digital Transformation in Healthcare Market revenue, By End-User, 2016–2026 (USD Billion)
34.    Rest of Latin America Digital Transformation in Healthcare Market revenue, By Technology, 2016–2026 (USD Billion)
35.    The Middle East and Africa Digital Transformation in Healthcare Market revenue, By End-User, 2016–2026 (USD Billion)
36.    The Middle East and Africa Digital Transformation in Healthcare Market revenue, By Technology, 2016–2026 (USD Billion)
37.    Saudi Arabia Digital Transformation in Healthcare Market revenue, By End-User, 2016–2026 (USD Billion)
38.    Saudi Arabia Digital Transformation in Healthcare Market revenue, By Technology, 2016–2026 (USD Billion)
39.    South Africa Digital Transformation in Healthcare Market revenue, By End-User, 2016–2026 (USD Billion)
40.    South Africa Digital Transformation in Healthcare Market revenue, By Technology, 2016–2026 (USD Billion)
41.    Rest of the Middle East & Africa Digital Transformation in Healthcare Market revenue, By End-User, 2016–2026 (USD Billion)
42.    Rest of the Middle East & Africa Digital Transformation in Healthcare Market revenue, By Technology, 2016–2026 (USD Billion)

 
 

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FrequentlyAsked Questions

Acceptance of digital systems in healthcare industry will proliferate the expansion of digital transformation in healthcare sector over the upcoming years. Apart from this, introduction of wearable equipment in healthcare sector will pave a way for the expansion of digital transformation in healthcare market over the assessment period. In addition to this, surging acceptance of smartphones as well as rise in the penetration of web will steer digital transformation in healthcare industry over 2020-2026. Furthermore, massive focus on online & remote clinical support is predicted to create humungous requirement for online connectivity in healthcare sector, thereby driving market trends. Apparently, need for uninterrupted supply of power and strengthening of IT systems will define the growth of digital transformation in healthcare industry over the forecast timespan. However, large-scale utility of cloud solutions & IoT in healthcare sector enhances the issues of cyber-crimes & data breaches, thereby hampering the business growth.

Moreover, surge in the telemedicine trends across the globe will create lucrative growth avenues for digital transformation in healthcare market over 2020-2026. Onset of big data and need for easy access to medical information will proliferate digital transformation in healthcare industry size over the upcoming years. Emergence of medical transcription sector and need for digitizing healthcare records has resulted in launching of healthcare apps, thereby further escalating the growth of digital transformation in healthcare industry.

According to Zion Market Research report, the global Digital Transformation in Healthcare market, which was estimated at about 2.81 (USD Billion) in 2019 and is predicted to accrue earnings worth 5.31(USD Billion) by 2026, is set to record a CAGR of nearly over 12.5% during 2020-2026.   

North America is likely to make noteworthy contributions towards overall market revenue. The growth of the industry in the sub-continent over the estimated timespan is attributed to rise in the acceptance of remote patient monitoring activities in Canada and the U.S. In addition to this, adoption of cloud services in healthcare industry and rise in use of predictive analytics in healthcare services will embellish the regional market growth over 2020-2026.

Key players profiled in the study are PWC LLP, Siemens Healthineers, Accenture PLC., GE Healthcare Limited, AT&T Inc., CGI Group Inc., Deloitte LLP, IBM Corporation, NTT Data Services, and Syntel Inc.

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