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Digital Health Market Size & Share Estimated to Touch $430.52 Bn by 2028 | Vantage Market Research

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WASHINGTON, Feb. 20, 2023 (GLOBE NEWSWIRE) — According to a report by Vantage Market Research, the global Digital Health Market size was valued at USD 145.57 Billion in 2021 and is expected to reach USD 430.52 Billion by 2028, growing at a CAGR of 16.9% from 2020 to 2028. North America is expected to be the largest market for digital health due to the increasing adoption of digital health technologies, favorable government initiatives, and a well-established healthcare infrastructure. Europe and Asia Pacific are also expected to witness significant growth in the digital health market due to increasing healthcare expenditure and growing awareness of digital health technologies.

Digital Health Market Overview

The digital health market is a rapidly growing sector within the healthcare industry that incorporates technology to enhance healthcare services and improve patient outcomes. Digital health solutions encompass a wide range of technologies and applications, including telemedicine, mobile health (mHealth), electronic health records (EHRs), health information exchange (HIE), and clinical decision support systems (CDSS), among others.

The digital health market has experienced significant growth in recent years, driven by a combination of factors such as increasing demand for patient-centered care, rising healthcare costs, advances in technology, and the growing prevalence of chronic diseases. The COVID-19 pandemic has further accelerated the adoption of digital health technologies, with telemedicine and virtual care becoming a critical component of the healthcare delivery system.

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Our Free Sample Reports Includes:

  • Executive Summary: This section provides an overview of the report, including its purpose, methodology, and key findings.
  • Market Overview: This section provides an introduction to the market, including its size, growth potential, and key drivers.
  • Competitive Landscape: This section analyzes the competitive landscape of the market, including the key players, their market share, and their strategies.
  • Market Segmentation: This section provides a detailed analysis of the market by segment, including product type, application, and region.
  • Market Trends: This section identifies the current and emerging trends in the market, including technological advances, regulatory changes, and consumer preferences.
  • Market Challenges: This section identifies the major challenges facing the market, including economic, regulatory, and competitive factors.
  • Future Outlook: This section provides a forecast of the market’s growth and development over the next 3-5 years.
  • Conclusion: This section summarizes the key findings of the report and provides recommendations for businesses operating in the market.

Digital Health Market Dynamics

The digital health market is shaped by several key dynamics, including technological advances, regulatory changes, demographic shifts, and changing consumer preferences. Understanding these dynamics is crucial for businesses operating in the digital health market to stay competitive and drive growth. Some of the key dynamics that are currently shaping the digital health market include:

  • Technological Advances: The rapid pace of technological innovation is a key driver of the digital health market. Advances in areas such as artificial intelligence, machine learning, and big data analytics are enabling the development of new digital health solutions that are more effective, efficient, and personalized.
  • Regulatory Changes: The digital health market is highly regulated, with new laws and regulations being introduced regularly. These changes can impact the market by creating new opportunities for businesses that are able to comply with the regulations, or by limiting the growth potential of those that are not.
  • Demographic Shifts: The aging of the population is driving demand for digital health solutions that can help manage chronic conditions and provide remote care. Additionally, the increasing prevalence of chronic diseases is driving demand for digital health solutions that can help prevent, diagnose, and treat these conditions.
  • Changing Consumer Preferences: Consumers are increasingly looking for digital health solutions that are easy to use, accessible, and affordable. They are also seeking solutions that are personalized to their individual needs and preferences.
  • Industry Consolidation: The digital health market is highly fragmented, with a large number of small and medium-sized players. However, the market is undergoing consolidation, with larger players acquiring smaller ones to expand their offerings and gain market share.
  • Data Privacy and Security: The collection and sharing of health data is a key issue in the digital health market, and businesses that are able to protect the privacy and security of this data will have a competitive advantage.

Overall, the digital health market is a dynamic and rapidly evolving space, with many different factors shaping its growth and development. Businesses that are able to stay ahead of these trends and respond quickly to changing market conditions will be best positioned for success.

Top Players in the Digital Health Market:

  • Allscripts Healthcare Solutions Inc. (US)
  • Cisco Systems (US)
  • Koninklijke Philips N.V. (Netherlands)
  • McKesson Corporation (US)
  • Cerner Corporation (US)

For Additional Information on Digital Health Market Players and Detail List, Download a Report PDF Brochure

Digital Health Market Future Trends

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The digital health market is expected to continue its rapid growth in the coming years, driven by a number of future trends. Some of the key trends that are expected to shape the digital health market in the near future include:

  • Telemedicine and Virtual Care: The COVID-19 pandemic has accelerated the adoption of telemedicine and virtual care, and these trends are expected to continue in the future. As healthcare organizations seek to provide more convenient and cost-effective care, telemedicine and virtual care solutions will become increasingly important.
  • Personalized Medicine: Advances in genomic research and precision medicine are leading to the development of more personalized digital health solutions. These solutions will enable healthcare providers to tailor their treatments to individual patients, improving outcomes and reducing costs.
  • Wearable Devices and Remote Monitoring: Wearable devices and remote monitoring solutions are already popular, and their use is expected to increase in the future. These devices can help patients manage chronic conditions, improve adherence to treatment plans, and provide real-time feedback to healthcare providers.
  • Artificial Intelligence and Machine Learning: Artificial intelligence and machine learning are expected to play an increasingly important role in the digital health market. These technologies can help healthcare providers analyze large amounts of data, identify patterns, and make more accurate diagnoses and treatment decisions.
  • Blockchain: Blockchain technology has the potential to revolutionize the healthcare industry by improving the security and privacy of patient data. As the use of electronic health records and other digital health solutions becomes more widespread, the need for secure and trustworthy data storage and sharing solutions will only increase.
  • Health and Wellness Apps: The use of health and wellness apps is expected to grow in the future as more people seek to take control of their own health. These apps can help individuals track their progress, set goals, and receive personalized recommendations based on their health data.

Overall, the future of the digital health market looks bright, with a wide range of new and innovative solutions expected to emerge in the coming years. Businesses that are able to stay ahead of these trends and develop cutting-edge digital health solutions will be well-positioned for success.

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Recent Developments

  • In 2022, Allscripts Healthcare Solution, Inc announced the relaunch of its application store as the Allscripts App Expo. The clients can now have an engaging way to identify all applications built and certified through the Allscripts Developer Program.

Digital Health Market Segmentation

By Technology

  • Telehealthcare
  • mHealth
  • Healthacare Analytics
  • Digital Health Systems

By Component

  • Hardware
  • Software
  • Services

Digital Health Market Regional Analysis:

  • North America: North America is the largest market for digital health, accounting for a significant share of the global market. The region is characterized by high healthcare expenditure, strong technological infrastructure, and supportive regulatory environment. The presence of large tech giants and startups in the region, coupled with a high level of consumer awareness and adoption of digital health solutions, has helped to fuel growth in the market.
  • Europe: Europe is another major market for digital health, with a significant share of the global market. The region has a strong healthcare system, supportive regulatory environment, and a high level of technological infrastructure, which has helped to drive growth in the market. The focus of the region has been on telemedicine, remote monitoring, and chronic disease management.
  • Asia-Pacific: The Asia-Pacific region is a rapidly growing market for digital health, driven by increasing healthcare expenditure, growing population, and improving healthcare infrastructure. The region has a high level of technological adoption and is witnessing a significant rise in digital health startups, which is expected to drive growth in the market.
  • Latin America: The Latin America market for digital health is characterized by a growing population, increasing healthcare expenditure, and supportive government initiatives. The market is expected to witness significant growth in the coming years, driven by the adoption of telemedicine and remote patient monitoring solutions.
  • Middle East and Africa: The Middle East and Africa market for digital health is characterized by a growing population, rising healthcare expenditure, and improving healthcare infrastructure. The market is expected to witness significant growth in the coming years, driven by the increasing adoption of digital health solutions and the emergence of startups in the region.

Browse Market Data Tables and Figures spread through 159 Pages and in-depth TOC on Digital Health Market Forecast Report (2022-2028).

Key Questions Answered in the Report:

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  • What is the current size and growth rate of the digital health market, and what are the key drivers of this growth?
  • What are the major trends and developments shaping the digital health market, and how are they likely to evolve in the future?
  • What are the key challenges and opportunities facing businesses in the digital health market, and how can they overcome these challenges and take advantage of these opportunities?
  • Who are the major players in the digital health market, and what are their market shares, strategies, and competitive advantages?
  • What are the key products and services offered in the digital health market, and how are they differentiated from one another?
  • What are the major regulatory and policy issues affecting the digital health market, and how are these likely to evolve in the future?
  • What are the major market segments and sub-segments in the digital health market, and what are their growth prospects and opportunities?
  • What are the major geographical regions and countries in the digital health market, and what are their growth prospects and opportunities?
  • What are the major technological innovations and advancements in the digital health market, and how are they likely to impact the market in the future?
  • What are the major investment and funding trends in the digital health market, and how are they likely to evolve in the future?

Read Full Report @ https://www.vantagemarketresearch.com/industry-report/digital-health-market-1297

Scope of the Report:

Report Attributes Details
Market Size in 2021 USD 145.57 Billion
Revenue Forecast by 2028 USD 430.52 Billion
CAGR 16.9% from 2022 to 2028
Base Year 2021
Forecast Year 2022 to 2028
Key Players Allscripts Healthcare Solutions Inc., Cisco Systems, Koninklijke Philips N.V., McKesson Corporation, Cerner Corporation
Customization Options Customized purchase options are available to meet any research needs. Explore customized purchase options

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Globant Augments Software Development Life Cycle with Its New AI Agents

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Globant’s more than 10 years of investment in AI are now reflected in an innovative suite of AI Agents and products to empower teams and boost resultsThese new AI Agents will be augmented by humans and will impact the full SDLC, including backend prototyping, application design, testing, and more, to enhance efficiency by solving tasks autonomously SAN FRANCISCO, June 27, 2024 /PRNewswire/ — Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, announced the integration of its proprietary AI Agents to the software development life cycle (SDLC) to enhance its core development capabilities. Supervised by humans, these AI Agents are designed to enhance Globant’s solutions and keep supporting various industries in accelerating their AI adoption.
Combined with Globant X’s already existing AI products such as Augoor, MagnifAI, Navigate, GeneXus Next, and GeneXus Enterprise AI, the new AI Agents co-create more efficient development cycles by autonomously performing tasks. Globant’s teams will leverage new AI Agents throughout the full cycle with the following initial set of Agents:
– Product Definition AI Agent: Takes multiple inputs to break down the user stories that the development team needs to build a product
– Backend Prototyping AI Agent: Enables users, regardless of their technical knowledge, to create the backend of a business application in record time  
– Application Design AI Agent: Brings your vision to life from a simple text input, accelerating the design process and simplifying teamwork
– Code Tester AI Agent: Helps companies deliver high-quality software, faster, by developing comprehensive test plans and executing those tests
– Code Fixer AI Agent: Fixes issues based on contextual understanding of the existing codebase and the reported bug
“Until today, the power of AI productivity lay largely in the hands of individuals. Globant is bringing a breakthrough shift in the symbiotic relation between AI and humans by introducing a set of sophisticated AI Agents. Augmented and supervised by humans, these AI Agents will streamline operations, bring efficiencies, and grant scalability at a corporate level. The potential productivity gain of AI Agents rivals the breakthrough of Henry Ford’s assembly line, which made manufacturing more efficient and scalable,” said Martín Migoya, Co-Founder and CEO of Globant.
As an industry pioneer, Globant has incorporated artificial intelligence throughout its organization since 2013 to create best-in-class solutions that deliver real value to clients. From the initial launch of the Data and AI Studio to the creation of these AI Agents, Globant remains at the forefront of innovation. Almost  100% of Globant’s pods are AI-certified, ensuring that all teams can apply the power of AI to every one of their projects.
“We are transforming our approach to product development by utilizing advanced AI to bring out the best of both worlds: technology and humanity,” said Diego Tartara, Chief Technology Officer at Globant. “Enhancing human and AI collaboration is poised to revolutionize business operations, leading to unprecedented productivity and growth to many industries. Globant’s AI Agents combined with our suite of AI platforms provide a clear advantage to help organizations benefit from these gains.” 
Globant harnesses disruptive tech to put businesses at the forefront. To learn more about Globant’s AI and digital transformation journey, solutions, and milestones, click here.
About GlobantAt Globant, we create the digitally-native products that people love. We bridge the gap between businesses and consumers through technology and creativity, leveraging our experience as an AI powerhouse. We dare to digitally transform organizations and strive to delight their customers.
We have more than 28,900 employees and are present in 33 countries across 5 continents, working for companies like Google, Electronic Arts, and Santander, among others.We were named a Worldwide Leader in AI Services (2023) and a Worldwide Leader in CX Improvement Services (2020) by IDC MarketScape report.We are the fastest-growing IT brand and the 5th strongest IT brand globally (2024), according to Brand Finance.We were featured as a business case study at Harvard, MIT, and Stanford.We are active members of The Green Software Foundation (GSF) and the Cybersecurity Tech Accord.Contact: [email protected] Sign up to get first dibs on press news and updates.For more information, visit www.globant.com

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Value-Added Resellers (VARs) Software Market Size to Grow at a CAGR of 11% | Valuates Reports

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BANGALORE, India, June 27, 2024 /PRNewswire/ — Value-Added Resellers (VARs) Software Market is Segmented by Type (On-premise, Cloud-based), by Application (Large Enterprises, SMEs): Global Opportunity Analysis and Industry Forecast, 2024-2030.

The Global Value-Added Resellers (VARs) Software Market was valued at 550 million USD in 2023 and witnessed a CAGR of 11% during the forecast period 2024-2030.
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Major Factors Driving the Growth of Value-Added Resellers (VARs) Software Market
The value-added reseller (VAR) industry is expanding as a result of numerous important causes. The growing complexity of technological solutions, which necessitates specialist knowledge to customize goods to match particular client needs, is one important factor. VARs’ ability to provide specialized solutions that go above and beyond the original products makes them more appealing to companies searching for streamlined, integrated systems. The demand for VARs is also increasing due to the growth of cloud computing and digital transformation initiatives across various industries, since they offer vital services including integration, support, and consulting. Businesses must look for VARs in order to obtain a technology advantage and boost operational efficiency due to the competitive marketplace.
View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-11Y1206/global-value-added-resellers-vars-software
TRENDS INFLUENCING THE GROWTH OF THE GLOBAL VALUE-ADDED RESELLERS (VARS) SOFTWARE INDUSTRY
The market for VAR software is mostly driven by large organizations’ embrace of cloud-based solutions. Cloud solutions are becoming more and more popular among large organizations because of their affordability, scalability, and flexibility, which allow them to effectively manage enormous volumes of data and intricate IT infrastructures. Cloud technologies facilitate worldwide collaboration and remote work, which are crucial in today’s dispersed work contexts. VARs are essential to this shift because they offer knowledge and experience with cloud migration, integration, and continuous support. They support businesses in tailoring cloud solutions to particular use cases, guaranteeing a smooth transition from old to new systems, and upholding strict security and regulatory requirements. Large enterprise IT environments are complicated, requiring specialist assistance and customized solutions, which VARs are well-positioned to provide.
Another important driver propelling the growth of the VARs software market is the increasing number of small and medium-sized businesses (SMBs) implementing cutting-edge software solutions. SMBs are realizing more and more how crucial it is to use technology to enhance customer experiences, streamline processes, and stay competitive. These companies, however, frequently lack the internal knowledge necessary to setup and oversee sophisticated software systems. SMBs may more easily embrace and profit from cutting-edge software solutions when VARs offer the required knowledge and assistance. VARs fuel market growth by enabling SMBs to compete with larger organizations through the provision of scalable and inexpensive solutions. The market for VAR software is developing as a result of SMBs’ tendency toward digital transformation and their increasing reliance on specialist software solutions.
The VARs software sector has undergone a transformation thanks to the emergence of cloud computing and Software-as-a-Service (SaaS) models. Cloud-based solutions are very appealing to companies of all sizes because they provide several benefits, such as lower upfront costs, scalability, and remote access. By adding cloud solutions into their portfolios, VARs have profited from this trend and given their clients the efficiency and flexibility they require in the fast-paced business world of today. In example, SaaS models give companies access to advanced software without requiring hefty infrastructure investments. The move to cloud computing has increased the importance of VARs because they now offer cloud-based solution integration, deployment, and continuing maintenance. The market for VAR software is expanding due to the growing demand for cloud solutions.
One of the main factors propelling the VARs software industry is the need for integration and customized services. Software solutions that may be customized to a business’s unique workflows and connected with current systems are frequently needed. These services are best provided by VARs, who also offer seamless interaction with other enterprise apps and bespoke software setups. The ability to customize solutions to specific business requirements and guarantee compatibility with current systems improves VARs’ overall value proposition. For companies with complicated IT environments, where off-the-shelf software solutions might not work well, customization and integration services are especially crucial. VARs help companies maximize their software investments and boost operational effectiveness by attending to these needs. The market for VAR software is growing due to the rising need for tailored software solutions and seamless integration.
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VALUE-ADDED RESELLERS (VARS) SOFTWARE MARKET SHARE
Because of its technological leadership and mature market, North America—especially the United States—represents a large portion of the VARs software market. The supremacy of the region can be attributed to its strong IT infrastructure, high adoption rates of cutting-edge technology, and a large presence of top software providers. Specialized software and VAR services are in high demand since North American businesses are quick to adopt novel solutions in order to remain competitive. The region’s emphasis on digital transformation and large investments in cybersecurity, cloud computing, and data analytics are driving the market for VAR software. Additionally, the regulatory landscape in industries like banking and healthcare demands tailored software solutions in order to maintain compliance, which increases the demand for VAR services.
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Key Companies:
VelosioProServe SolutionsAktion AssociatesAlgorithmHero DigitalJourneyedMicroAgeSHI InternationalOne Six SolutionsAllCloudBertelsmannTata TechnologiesINSIGHTSirius Computer SolutionsA2K TechnologiesPurchase Chapters: https://reports.valuates.com/request/chaptercost/QYRE-Auto-11Y1206/Global_Value_Added_Resellers_VARs_software_Market_Insights_Forecast_to_2028
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DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!
–  Value-added Resellers for IT Market
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–  Mobile Value-Added Services (VAS) market was valued at US$ 619430 million in 2023 and is anticipated to reach US$ 1356670 million by 2030, witnessing a CAGR of 11.6% during the forecast period 2024-2030.
–  According to a new report published by , titled, “Computer Aided Engineering Market,” The computer aided engineering market size was valued at USD 8 billion in 2021, and is estimated to reach USD 19.2 billion by 2031, growing at a CAGR of 9.4% from 2022 to 2031.
–  Infor SunSystems Resellers market is projected to reach US$ 1048.2 million in 2029, increasing from US$ 495 million in 2022, with the CAGR of 9.0% during the period of 2023 to 2029.
–  NetSuite Resellers market is projected to reach US$ 232.7 million in 2029, increasing from US$ 134 million in 2022, with a CAGR of 8.2% during the period of 2023 to 2029.
–  Cisco Data Center Reseller Market
–  Cisco Cloud Reseller Market
–  Cisco Unified Communications Reseller Market
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Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that’s why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.
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Senior Data Leaders from Travel and Hospitality Industry to Discuss Sector’s Unique Challenges at CDO Travel & Hospitality Exchange

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LONDON, June 27, 2024 /PRNewswire/ — Following its hugely successful launch in 2023, the CDO Travel & Hospitality Exchange returns for its second year on 11-12 September 2024 at Hilton Syon Park in London. Bringing together senior data leaders from across the world of travel and hospitality for two days of learning, discussion and networking, attendees will gain unique insights on harnessing data for operational excellence, building world-class data teams and enhancing customer experience through effective use of data.

The multitude of systems and suppliers integral to the functioning of the travel and hospitality industry creates a distinct set of challenges in terms of data organisation and governance, with many data leaders feeling as though they are not maximising their organisation’s data potential. Coupled with the introduction of new legislation and the pressure to keep up with continually evolving customer expectations, a data leader’s role within travel and hospitality organisations has become increasingly demanding.
The CDO Travel & Hospitality Exchange agenda has been designed to address the complexities of implementing effective data strategies, helping travel and hospitality businesses to thrive in today’s data-driven world. With 70 select data leaders from the travel and hospitality industry in attendance and a variety of unique activity formats including industry-specific roundtables, plenary presentations and one-to-one meetings with solution providers, the Exchange format provides a tailored, unique platform to explore fresh solutions to real-world challenges that data leaders in this sector face.
The world-class speaker faculty is comprised of thought leaders from some of the travel and hospitality industry’s most recognisable brands, including Hirra Sulanki, Group Head of Digital Analytics & Optimisation at TUI, Gillian Cossey, Global Data Protection Officer at Virgin Atlantic, and Nick Beresford, Head of Data & Analytics at Heathrow Airport. Attendees will come away with the expert knowledge and actionable insights needed to create data-driven change within their organisations.
Other agenda highlights include a presentation on ‘The Ongoing Battle Between Modernisation and Legacy Systems’ by Philip Cotton, Head of Customer, Trending & Trading Insight at On the Beach. The event’s closing panel discussion on ‘Navigating the Path to Data Maturity’, notably featuring Andrea Ferrari, Director of Planning & Forecasting at Silversea Cruises, also promises to be an enriching discussion that will enable attendees to visualise the optimal data architecture, team structure and strategies needed for their organisation to excel.
Attendance at the CDO Travel & Hospitality Exchange is by invitation only. To be part of the conversation, network with fellow travel and hospitality data leaders and discover valuable solutions for your organisation, request your invitation by clicking here. For more information on the agenda and speaker lineup, visit the event website here.
Join us in shaping the future of data-driven success in travel and hospitality.
Media contacts: Kazia Green, [email protected] 

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