U.S. Digital Health Industry Overview

The U.S. digital health market size was estimated at USD 81.17 billion in 2023 and is projected to grow at a CAGR of 19.5% from 2024 to 2030. The supporting conditions for digital healthcare services and enhanced internet connectivity to provide remote healthcare services using digital paths are anticipated to drive market growth. In addition, the increasing adoption of smartphones has encouraged manufacturers to invest and capitalize on their growth opportunities in the global digital health industry. For instance, in May 2023, UC San Diego Health launched a SMART health insurance card that displays real-time insurance data on scanning.

Gather more insights about the market drivers, restrains and growth of the U.S. Digital Health Market

The rising mobile and smartphone subscriptions are expected to drive the market growth. According to Oberlo, smartphone penetration in the U.S. has increased from 83% in 2018 to 91% in 2023. According to the Mobile Economy North America 2023, 53% of North America's 5G internet usage comprises services, including healthcare services. In addition, several network companies are partnering with hospitals to provide their network services. For instance, in July 2023, Verizon deployed a private full spectrum 5G network in the VA Palo Alto Health Care System, a veterans' hospital in California.

In August 2023, the Advanced Research Projects Agency for Health (ARPA-H), a division within the U.S. Department of Health and Human Services (HHS), initiated the Digital Health Security (DIGIHEALS) task to safeguard the electronic infrastructure of the U.S. healthcare system. The project intends to request proposals for proven technologies originally developed for national security purposes through a Broad Agency Announcement (BAA) and implement them within clinical care facilities, civilian health systems, and personal health devices. DIGIHEALS seeks to ensure uninterrupted patient care even in the event of a widespread cyberattack on medical facilities, similar to incidents that have led to the permanent closure of hospitals.

Furthermore, the adoption of artificial intelligence (AI) and machine learning (ML) in the healthcare industry contributes to the growth of the digital health market in the U.S. The U.S. government is undertaking several initiatives to promote AI/ML applications in healthcare. For instance, in October 2023, the U.S. FDA created a Digital Health Advisory Committee to explore the problems related to digital health technologies (DHTs), including augmented reality (AR), virtual reality (VR), AI/ML, digital therapeutics, remote patient monitoring, wearables, and software.

Browse through Grand View Research's Healthcare IT Industry Research Reports.

• The global digital health market size was estimated at USD 240.9 billion in 2023 and is projected to grow at a compound annual growth (CAGR) of 21.9% from 2024 to 2030.
• The global artificial intelligence market size was estimated at USD 196.63 billion in 2023 and is projected to grow at a CAGR of 36.6% from 2024 to 2030.

U.S. Digital Health Market Segmentation

Grand View Research, Inc. has segmented the U.S. digital health market based on technology, component, application, and end-use:

U.S. Digital Health Technology Outlook (Revenue, USD Million, 2018 - 2030)

• Tele-healthcare
  1. Tele-care
     1. Activity Monitoring
     2. Remote Medication Management
  2. Tele-health
     1. LTC Monitoring
     2. Video Consultation
• mHealth
  1. Wearables Connected Medical Devices
     1. Vital Sign Monitoring Devices
        1. Heart Rate Monitors
        2. Activity Monitors
        3. Electrocardiographs
        4. Pulse Oximeters
        5. Spirometers
        6. Blood Pressure Monitors
        7. Others
     2. Sleep Monitoring Devices
        1. Sleep trackers.
        2. Wrist Actigraphs
        3. Polysomnographs
        4. Others
     3. Electrocardiographs Fetal Obstetric Devices
     4. Neuromonitoring Devices
        1. Electroencephalographs
        2. Electromyographs
        3. Others
  2. mHealth Apps
     1. Medical Apps
        1. Women's Health
           1. Menstrual Health
           2. Pregnancy Tracking Postpartum Care
           3. Menopause
           4. Disease Management
           5. Others
        2. Chronic Disease Management Apps
           1. Diabetes Management Apps
           2. Blood Pressure ECG Monitoring Apps
           3. Mental Health Management Apps
           4. Cancer Management Apps
           5. Obesity Management Apps
           6. Other Chronic Disease Management Apps
        3. Personal Health Record Apps
        4. Medication Management Apps
        5. Diagnostic Apps
        6. Remote Monitoring Apps
        7. Others (Pill Reminder, Medical Reference, Professional Networking, Healthcare Education)
     2. Fitness Apps
        1. Exercise Fitness
        2. Diet Nutrition
        3. Lifestyle Stress
  3. Services
     1. Monitoring Services
        1. Independent Aging Solutions
        2. Chronic Disease Management Post-Acute Care Services
     2. Diagnosis Services
     3. Healthcare Systems Strengthening Services
     4. Others
• Digital Health Systems
  1. EHR
  2. E-prescribing Systems
• Healthcare Analytics

U.S. Digital Health Component Outlook (Revenue, USD Million, 2018 - 2030)

• Software
• Hardware
• Services

U.S. Digital Health Application Outlook (Revenue, USD Million, 2018 - 2030)

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

U.S. Digital Health End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Patients
• Providers
• Payers
• Others

Key Companies profiled:

• Apple, Inc.
• ATT
• Airstrip Technologies
• Allscripts
• Google, Inc.
• Orange
• Qualcomm Technologies, Inc.
• Softserve
•  Samsung Electronics Co. Ltd.
• Telefonica S.A.
• Vodafone Group
• 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.

Recent Developments

• In December 2023, Google, Inc. launched MedLM, a medical generative AI to promote digital technology in healthcare.
• In September 2023, Enovacom, a subsidiary of Orange Business, acquired NEHS Digital and Xperis and strengthened its e-health portfolio.
• In March 2023, IBM collaborated with Cleveland Clinic and deployed an IBM-managed onsite quantum computer. It will enable Cleveland Clinic in accelerating biomedical discoveries.
• In January 2023, Apple Fitness+ launched a whole-body cardio workout, a new Kickboxing workout. The workout is led by two new trainers.

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About Grand View Research

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