Digital transformation in the healthcare market 2019 – 2025: Global Leading Growth Drivers, COVID – 19 Analysis, Business Trends, Sales Revenue, Emerging Technologies, Industry Segments, Profits and Regional Study
Digital transformation in the healthcare
market Research Report By Forecast to
2023
Industry Survey, Growth, Competitive Landscape
and Forecasts to 2023
PREPARED BY
Market Research Future
(Part of Wantstats Research & Media Pvt. Ltd.)
Digital transformation in the healthcare market
According to Market Research Future, the global digital transformation in the healthcare has been segmented based on component,
organization size, technology, business function, end-user, and region.
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Digital transformation in the healthcare market
“Taste the market data and market information presented through more than 50 market data tables
and figures spread in 100 numbers of pages of the project report. Avail the in-depth table of content
TOC & market synopsis on Internet of Digital transformation in the healthcare market Forecast To
2023”
• Digital transformation in healthcare can be referred to as a combination of various technologies which are transforming the
functionality of healthcare systems, with the help of internet. Additionally, the increasing number of smartphones and tablet users
across the globe and growing need for remote patient monitoring services is considerably driving
digital transformation in the healthcare sector. Additionally, the government initiative towards digital health solutions and
increasing demand for healthcare information systems are also contributing to the growth of the market. However, the increasing
frequency of security breaches and cyberattacks is hampering the growth of the market.
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Digital transformation in the healthcare market
Application & Major Players in this Research:
Digital transformation in the healthcare market Prominent Players:
• IBM Corporation (US),
• Microsoft Corporation (US),
• SAP SE (Germany),
• Dell EMC (US),
• Google LLC (US),
• Accenture PLC (Ireland),
• CA Technologies (US),
• Cognizant (US),
• Adobe Systems (US),
• Oracle Corporation (US)
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Digital transformation in the healthcare market
Digital transformation in the healthcare market Segmented on the basis of
Segment:
By component, the digital transformation in the healthcare market has been segmented into hardware, software, and services.
The hardware segment accounts the largest market share due to increasing adoption of IoT devices, networks, storage devices,
and other communication devices, whereas the software segment is expected to be the fastest-growing market during the
forecast period, due to increasing automation and analytics used by the healthcare industry.
By organization size, the market has been segmented into large enterprises and SMEs. The large enterprises dominate the
segment as these generate a large amount of data, which are shared and stored on the cloud. The adoption of cloud services by
large enterprises is increasing due to their capability to offer large storage space and reduce the risk of data breaches.
Moreover, the increasing automation and requirement of new digital strategies is also fueling the growth of the large
enterprises segment. Moreover, the investment capacity of large organizations also plays a vital role to have a hold on the
market share. However, SMEs is expected to be the fastest-growing segment during the forecast period due to increasing
awareness of digital solution, technology and their benefits among the small companies.
Based on technology, the market has been segmented into artificial intelligence (AI), cloud computing, big data & analytics, and
internet of things (IoT). The cloud computing segment dominated the market in 2018 due to the rapidly increasing adoption of
cloud services in healthcare. However, AI is expected to be the fastest-growing market due to the widening application scope of
this technology in healthcare for the detection of diseases, robotic surgeries, and others.
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