US Digital Health Market size was valued at USD 93.8 Billion in 2024 and is expected to reach USD 297.8 Billion by 2033, at a CAGR of 19.3% during the forecast period 2024 – 2033.

US Digital Health Market: Overview

Digital health encompasses a wide range of technologies designed to support healthcare delivery and management. These solutions enable healthcare providers and patients to engage in remote patient monitoring, conduct telemedicine consultations, manage and analyze health data, deliver personalized health interventions, ensure medication adherence, and provide patient education across various healthcare settings.

A significant trend shaping the US digital health market is the increasing convergence of artificial intelligence and healthcare services. AI-driven innovations are transforming multiple facets of healthcare delivery, including diagnostic procedures, customized medicine development, predictive analytics, and virtual care services.

Machine learning algorithms are capable of analyzing vast volumes of healthcare data to uncover actionable insights, which allow for more accurate diagnoses, informed treatment recommendations, and early risk predictions for numerous medical conditions. Additionally, virtual assistants and chatbots powered by AI enhance patient engagement by supporting continuous remote monitoring and facilitating effective management of chronic diseases.

Moreover, telemedicine platforms that incorporate AI technologies are making remote consultations more efficient, helping to improve healthcare accessibility, especially for rural or underserved populations. By breaking down traditional barriers to care, these platforms are promoting patient-centered healthcare. The integration of AI across various digital health solutions holds significant potential to drive operational efficiencies, improve patient outcomes, and ultimately redefine the healthcare landscape in the United States.

By component, the software segment accounted for the largest market share in 2023 and is anticipated to maintain its dominance throughout the forecast period of 2024 to 2033. A key trend within digital health software is the adoption of artificial intelligence and machine learning capabilities. These advanced technologies assist healthcare professionals in decision-making, facilitate the development of personalized treatment plans, and improve clinical outcomes by analyzing extensive patient datasets to detect patterns, predict disease progression, and identify the most effective interventions.

By technology, the mHealth apps segment captured the highest market share in 2023 and is expected to continue leading the market through 2033. The rise of mHealth apps has been significantly influenced by the incorporation of artificial intelligence and machine learning algorithms. These apps provide users with personalized health insights, real-time predictive analytics, and automated wellness recommendations, resulting in increased user engagement and better healthcare outcomes. They allow healthcare providers and patients to collaborate on more tailored, proactive approaches to treatment and overall health management.

CMI has conducted a comprehensive analysis of the US Digital Health market, identifying and evaluating the key driving forces, market restraints, challenges, opportunities, and major trends that are currently shaping the industry. The report provides a thorough segment-wise analysis of market size and market share during the forecast period to present an accurate and detailed picture of the industry’s trajectory.

The competitive landscape has been thoroughly evaluated to include key innovators, aftermarket service providers, leading market participants, and niche players. Each has been assessed in terms of their strengths, weaknesses, and the value they contribute to the market. Additionally, the report provides in-depth profiling of major players, an analysis of their market shares, recent mergers and acquisitions, and insight into the resulting market fragmentation. It also explores emerging partnerships and the latest dynamics influencing the competitive environment.

List of the prominent players in the US Digital Health Market:

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.

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