Digital Health Companies Strategic Expansion Initiatives

Explore Digital Health Market Companies with Latest Trends and Growth Size

• BioTelemetry Inc
• eClinicalWorks
• Allscripts Healthcare Solutions Inc
• iHealth Lab Inc
• AT & T
• Honeywell International Inc
• Athenahealth Inc.
• Cisco Systems
• McKesson Corporation
• Koninklijke Philips N.V.
• AdvancedMD Inc.
• Cerner Corporation

Market Growth

The global digital health market size is calculated at USD 335.51 billion in 2024 and is expected to be worth USD 1,080.21 billion by 2034, expanding at a CAGR of 13.1% from 2024 to 2034, as a result of increasing demand for mobile health apps and growing penetration of AI, IoT, and big data.

Strategic Initiative

• In May 2025, a meeting was conducted between the Delhi Health Minister, Pankaj Singh, and senior officials from the Health Department, National Informatics Centre (NIC), and Centre for Development of Advanced Computing (CDAC) were the concerns for the implementation of a Centralised Healthcare Control Room as well as the Health Management Information System (HMIS) was discussed.
• In April 2025, a major digital transformation is being experienced by the flagship program under the Ministry of Health & Family Welfare, Government of India, known as the Central Government Health Scheme, due to the launch of the next-generation health management information system.
• In April 2025, digital payment systems were introduced to the government hospitals across Kerala, which was announced by Veena George, Kerala Health Minister. With the collaboration of Information Kerala Mission under the Department of Local Self-Government, this initiative was conducted.

Digital Health Market Trends

• Technological Advancements: The advent of the latest technologies, such as artificial intelligence (AI) and data analytics, promotes innovations in the healthcare sector, thereby simplifying the task of both physicians and patients.
• Demand for Enhanced Patient Care: Adopting technology assists in providing personalized treatment to patients, enhancing patient care and overall treatment outcomes.
• Favorable Government Policies: Several government organizations impose policies to implement digital health in the country. The US government released the “USAID Digital Health Position Paper (2024-2029)” with a strategic vision for USAID investments and activities that advance global health using digital technologies.
• Demand for Affordable Treatment: Digital health can significantly reduce the treatment costs for patients by adopting advanced technologies.

Latest Announcements by Industry Leaders

Nalla Karunanithy, CEO, Aster Digital Health & E-Commerce business commented that digital transformation is the future of healthcare in the Middle East which is proven by the remarkable growth of their application, myAster. Data and digital innovation can transform the healthcare landscape, setting new standards for convenience, quality, and care in the industry.

Recent Developments in the Digital Health Market

• In November 2024, Max Life Insurance Company Ltd. announced a strategic collaboration with Swiss Re to integrate its innovative Digital Health Underwriting (DHU) solution into its digital operations.
• In November 2024, the George Institute for Global Health, New Delhi, held a new digital health program in rural India. The initiative showed to significantly lower the risk of depression and related mental health issues by 75%, combining digital tools with community outreach.

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