The global healthcare industry is in the midst of a major transformation, a process that was accelerated by the COVID-19 pandemic. Several megatrends and disruptive technologies have converged to drive this transformation across the healthcare ecosystem. In 2019, the global digital health market was worth an estimated 175 billion U.S. dollars. With an expected CAGR of almost 25 percent from 2019 to 2025, the digital health market should reach nearly 660 billion dollars by 2025.

Increasing use of digital health tools

Over the last decade, investor funding in the digital health industry has increased significantly. In
2020, over 21 billion U.S. dollars was invested in the industry, compared to around one billion U.S.
dollars in 2010. Even before the COVID-19 pandemic in 2020, which sharply increased the need for
digital health tools to be used, consumers’ adoption of digital health had been steadily increasing. In
2019, 42 percent of Americans reported using digital health tracking. Projected global digital health market size from 2019 to 2025*(in billion U.S. dollars)

The changes expected in 2025 must be understood and prepare, the view of the patient will be,
what care delivery will look like, and how care delivery teams will function in the near term. The goal
is to move closer to the quadruple aim of healthcare, leveraging several technologies that are
emerging today. This study also provides a representative growth opportunity for each of the
industry sectors, offering a taste of what is to come for the broader healthcare industry.

Critical advancements in modern technology will play an integral role in progressing the Future of
Healthcare, according to a new survey. The study, which polled more than 1,000 healthcare industry
professionals from around the world, anticipated that over the next decade, a growing and aging
population globally will lead to challenges in quality healthcare, including funding, easy access and a
strain on current healthcare infrastructure. However, according to the research, technology
developments, such as mobile, the Internet of Things (IoT) and big data, offer a promising
opportunity for overcoming healthcare bottlenecks by 2025.

” Healthcare delivery is evidently shifting in light of challenges such as physician shortages and
rapidly aging societies, and requires digital transformation in order to cope with the pressures
placed on the industry,” said Ron Emerson, global director, healthcare at Polycom. “In recent years,
it has become clear that technology holds the key to the future of healthcare. The survey findings
highlight how the industry can best integrate and utilize game-changing technological developments,
to accelerate telemedicine or telehealth applications, to maximize its potential and realize new
models of care delivery by 2025.”

With a large percent of the world’s population living in rural areas, access to healthcare is
significantly limited. By 2025 primary care will be accessible to all citizens, regardless of distance
thanks to the increased availability of broadband, mobile devices and applications.

According to various survey, technology integration is a major opportunity to address these
challenges. The surveys also found that by 2025 primary care will be accessible to all citizens,
regardless of distance thanks to the increased availability of broadband, mobile devices and
applications. Healthcare professionals globally shared a positive outlook that technology, such as
personal health monitoring devices and video collaboration solutions, will play a vital role in
reducing hospitalization and treatment costs as well as treating patients virtually in the home.