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Future prospects: Technological advancement in the digital health sector

The digital health industry’s future is continuously growing and shifting. According to Grand View Research, the worldwide digital health industry would be worth $536.6 billion by 2027, growing at an 18.3% CAGR. This expansion may be attributed to rising demand for remote patient monitoring, telemedicine, and e-prescribing solutions, as well as the desire to make healthcare more accessible and affordable to an ageing population. The epidemic has expedited the adoption of digital health solutions, and GCC experts in digital health are encouraging world leaders to collaborate on sector innovation. Mubadala’s investments of more than US$1.5 billion since 2018 and the Kingdom of Saudi Arabia’s allocation of the same amount for healthcare information technology and digital transformation initiatives highlight the relevance of these two economies to the future of healthcare.

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According to Business Wire, global Healthcare Industry will be worth $12T by 2022. Healthcare is vast and highly fragmented with a mix of public and private players. It comprises healthcare providers such as hospitals, pharmaceuticals, and related life sciences. Digitisation and Post-Covid world are set to transform the healthcare industry in the coming decade. Top 5 trends include: Personalisation of patient care, new healthcare delivery models, convergence of food and health, increased global collaboration, and cloud-based electronic health records. HealthGeniuses.com is a business newsletter that curates latest innovations and disruptions in the Top 5 healthcare industry trends above from 100+ journals globally. Sign up to our weekly newsletter
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According to Business Wire, global Healthcare Industry will be worth $12T by 2022. Healthcare is vast and highly fragmented with a mix of public and private players. It comprises patients and healthcare providers such as hospitals, pharmaceuticals, and related life sciences.

Digitisation and Post-Covid world are set to transform the healthcare industry in the coming decade. Our weekly business newsletter covers innovations and disruptions in the Healthcare industry with global coverage.

HealthGeniuses is managed by IndustryGeniuses (A place where industries meet innovation). We are rolling out content platforms for the world’s hottest industries such as Food & Grocery Retail, Consumer Goods and Healthcare. For each of these key industries, we support Tech Startups and Industry Disruptors as they roll out next generation digital initiatives.

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