PUBLISHER: Frost & Sullivan | PRODUCT CODE: 1275407
PUBLISHER: Frost & Sullivan | PRODUCT CODE: 1275407
Global Digital Health Outlook 2023
Staff Shortage and Workflow Efficiency Solutions Will Lead to Transformational Growth of Digital Health
Frost & Sullivan defines digital health as data application for healthcare delivery using computational and telecommunication technologies to support business process workflow, clinical workflow, and patient data management. Digital health aims to achieve better patient outcomes while improving efficiency and containing costs through provider and payer transformation and more robust patient engagement. It has grown consistently, creating growth opportunities from challenges in front of healthcare providers. With declining digital health investments, mergers & acquisitions gain momentum, with a few big value acquisitions in the at-home care segment. Virtual care, telehealth, and provider and payer solutions saw strong growth. This outlook discusses major trends impacting global digital health and stakeholder growth opportunities.
KEY ISSUES ADDRESSED:
- What are the top predictions for 2023?
- How are macroeconomic factors affecting the industry in 2023?
- What does the digital health investment landscape look like?
- What is the digital health market size and forecast?
- Which are the key companies to watch in 2023 in digital health?
Table of Contents
Growth Environment
- Key Highlights
- The 2022 Digital Health Market-Forecast vs. Actual
- Top Digital Health Predictions for 2023
- Growth Environment
Strategic Imperatives
- Why is it Increasingly Difficult to Grow?
- The Strategic Imperative 8™
- The Impact of the Top 3 Strategic Imperatives on the Digital Health Industry
- Growth Opportunities Fuel the Growth Pipeline Engine™
Market Trends
- Market Segmentation
- Segment Definitions
- Key Trend 1-Shifting Focus Toward Home Health
- Key Trend 2-Corrections in Global Digital Health Investment
- Key Trend 3-Expanding AI Adoption in Healthcare
- Key Trend 4-Mergers & Acquisitions Gains Momentum
Macroeconomic Factors
- Top 5 Global Economic Highlights of 2022
- Global GDP Growth Snapshot
- Economic Impact on Digital Health, 2023
- Inflation and Recession-Investment Impact Analysis
Revenue Trends, 2022-2027
- Forecast Methodology and Assumptions
- Global Digital Health Industry-Revenue Forecast
- Segment Performance-Revenue Forecast
- Revenue Forecast Analysis
- Revenue Forecast by Region
Top 5 Predictions, 2023
- Prediction 1-Retail Health Clinics Will Double Their Market Share in the Primary Care Market in 2023
- Prediction 2-70% of Healthcare Providers Will Engage With the Patient Through a Digital Interface/Platform, of Which 10% of Large Healthcare Systems Will Use Conversational AI and Chatbots
- Prediction 3-10% of Brick-and-mortar Retail Pharmacies Will Shut Down and Go Digital
- Prediction 4-Home Health Will Grow Slowly in 2023; Big Insurers and Retailers Will Remain Active in the Home Health M&A Space
- Prediction 5-Investment Will Increase by 15% in Healthcare IT Tools Used in Value-based Care
Healthcare IT Segment Outlook, 2023
- Healthcare IT-2023 Market Snapshot
Telehealth Segment Outlook, 2023
- Telehealth-2023 Market Snapshot
Companies to Action, 2023
- Big Techs in Action-Digital Health, 2022-2023
- Big Techs in Action-Digital Health, 2022-2023 (continued)
- Digital Health-Companies to Action
- Digital Health-Companies to Action (continued)
Growth Opportunity Universe
- Growth Opportunity 1-Care at Home
- Growth Opportunity 1-Care at Home (continued)
- Growth Opportunity 2-Growing Payer-Provider Collaboration
- Growth Opportunity 2-Growing Payer-Provider Collaboration (continued)
- Growth Opportunity 3-Conversational AI and Chatbots
- Growth Opportunity 3-Conversational AI and Chatbots (continued)
Conclusions
- Key Concluding Thoughts
Next Steps
- Your Next Steps
- Why Frost, Why Now?
- List of Exhibits
- Legal Disclaimer
