US Digital Health Market Size Likely to Grow at a CAGR of 19.3% By 2033

US Digital Health Market size was valued at USD 93.8 Billion in 2024 and is expected to reach USD 297.8 Billion by 2033, at a CAGR of 19.3% during the forecast period 2024 – 2033.

US Digital Health Market: Overview

Digital health solutions can facilitate various aspects of healthcare, including remote patient monitoring, telemedicine consultations, health data management, personalized health interventions, medication adherence, and patient education.

A prominent trend in US digital health revolves around the convergence of artificial intelligence (AI) and healthcare. AI-driven technologies are revolutionizing various aspects of healthcare delivery, including diagnostics, personalized medicine, predictive analytics, and virtual care.

Machine learning algorithms analyze vast amounts of healthcare data to extract valuable insights, enabling more accurate diagnoses, treatment recommendations, and risk predictions. Additionally, AI-powered virtual assistants and chatbots enhance patient engagement and support remote monitoring and management of chronic conditions.

Moreover, telemedicine platforms leveraging AI facilitate remote consultations, improving access to healthcare services and reducing barriers to care. The integration of AI into digital health solutions holds immense potential to optimize healthcare delivery, enhance patient outcomes, and drive efficiency across the healthcare ecosystem, thereby shaping the future of healthcare in the United States.

By component, the software segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. A prominent trend in software for digital health is the integration of artificial intelligence (AI) and machine learning algorithms.

These technologies enhance healthcare decision-making, enable personalized treatment plans, and improve patient outcomes by analyzing large datasets to identify patterns, predict disease progression, and optimize interventions.

By technology, the Mhealth apps segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. A prominent trend in mHealth apps is the integration of artificial intelligence and machine learning algorithms.

These technologies enable apps to provide personalized health insights, predictive analytics, and automated recommendations, enhancing user engagement and improving healthcare outcomes through more tailored and proactive interventions.

By application, the diabetes segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. One prominent trend in diabetes care is the adoption of continuous glucose monitoring (CGM) systems.

These devices offer real-time monitoring of blood glucose levels, providing individuals with diabetes valuable insights into their condition and enabling proactive management strategies to optimize glycemic control and reduce the risk of complications.

McKesson Corporation is an American company distributing pharmaceuticals and providing health information technology, medical supplies, and care management tools.

Report Scope

CMI has comprehensively analyzed the US Digital Health market. The driving forces, restraints, challenges, opportunities, and key trends have been explained in depth to depict an in-depth scenario of the market. Segment wise market size and market share during the forecast period are duly addressed to portray the probable picture of this US Digital Health industry.

The competitive landscape includes key innovators, after market service providers, market giants as well as niche players are studied and analyzed extensively concerning their strengths, weaknesses as well as value addition prospects. In addition, this report covers key players profiling, market shares, mergers and acquisitions, consequent market fragmentation, new trends and dynamics in partnerships.

List of the prominent players in the US Digital Health Market:

• Cerner Corp.
• McKesson Corp.
• Epic Systems Corp.
• NextGen Healthcare Inc
• Greenway Health LLC
• CureMD Healthcare
• HIMS
• Computer Programs and Systems Inc.
• Vocera Communications
• IBM Corp.
• Siemens Healthcare GmbH
• Cisco Systems Inc.
• Others

The US Digital Health Market is segmented as follows:

By Component

• Software
• Hardware
• Services

By Technology

• Mhealth Apps
• Tele-Healthcare
• Digital Health System
• Others

By Application

• Obesity
• Diabetes
• Cardiovascular Diseases
• Respiratory Diseases
• Others