Free Report Available On The Rise and Impact of Digital Health
Insights into the pace and impact of digital transformation in healthcare
This is a first in a series of five reports aimed at covering the breadth of the digital healthcare sector.
The disruptive impact of the COVID-19 Pandemic has exposed underlying supply, efficiency and accessibility constraints that have historically plagued the healthcare sector. The resulting domino effect has forced healthcare systems across the globe to:
1. take stock of the failings within the traditional face-to-face, brick and mortar, health model; and in doing so
2. prioritize digital transformation by accelerating widespread digital health adoption by as much as five years.
This in turn has driven global digital health funding to record highs – attracting $22bn in 2020.
This support is seeding a new generation of tech-enabled healthcare services, which are laying the foundation for a digitally connected ecosystem, that will leverage big data, virtual delivery, and process automation to democratize access to healthcare.
However, the journey towards a fully transformed digital health ecosystem, will take time. At a global level, healthcare expenditure hit $8.3tn in 2020 – making it the fourth largest component of global GDP. That same year, the digital health market generated ~$200bn in revenue – equating to a sector digitalization rate of less than 3%.
The low level of digitalization within the global healthcare sector provides for immense opportunity for investors. By 2030, the global digital health market is projected to exceed a trillion dollars, indicating a market growth rate of 18% CAGR (2021 to 2030).
Key Topics Covered in the report:
Healthtech, Digital Health, Healthcare, EHR, Telehealth, mHealth, Big Data, SAAS.
To download a free copy of the full report, visit: https://capitalxpartners.co/