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Digital Health Market size is set to grow by USD 1.06 billion from 2024-2028, Increase in the number of M and A activities in the market boost the market, Technavio

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NEW YORK, July 19, 2024 /PRNewswire/ — The global digital health market size is estimated to grow by USD 1.06 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 33.53%  during the forecast period. Increase in the number of M and A activities in the market is driving market growth, with a trend towards use of AI in digital health. However, threat of open-source service providers  poses a challenge. Key market players include 3M Co., Agfa Gevaert NV, AirStrip Technologies Inc., ALLSCRIPTS HEALTHCARE SOLUTIONS INC., Alphabet Inc., Apple Inc., Cisco Systems Inc., Computer Programs and Systems Inc., Epic Systems Corp., General Electric Co., Honeywell International Inc., International Business Machines Corp., Koninklijke Philips N.V., McKesson Corp., Oracle Corp., Qualcomm Inc., Samsung Electronics Co. Ltd., Siemens AG, Telefonica SA, and UnitedHealth Group Inc..

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Digital Health Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 33.53%

Market growth 2024-2028

USD 1063.5 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

27.22

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing market contribution

North America at 41%

Key countries

US, UK, Germany, China, and France

Key companies profiled

3M Co., Agfa Gevaert NV, AirStrip Technologies Inc., ALLSCRIPTS HEALTHCARE SOLUTIONS INC., Alphabet Inc., Apple Inc., Cisco Systems Inc., Computer Programs and Systems Inc., Epic Systems Corp., General Electric Co., Honeywell International Inc., International Business Machines Corp., Koninklijke Philips N.V., McKesson Corp., Oracle Corp., Qualcomm Inc., Samsung Electronics Co. Ltd., Siemens AG, Telefonica SA, and UnitedHealth Group Inc.

Market Driver

Artificial Intelligence (AI) plays a significant role in enhancing medical equipment output and expediting diagnosis in the digital health sector. By providing smarter results and informed insights to medical professionals, AI functions as a valuable clinical decision-support tool. In radiology, for instance, AI algorithms help meet the growing demand for diagnostic imaging, streamline clinical workflows, and prevent diagnostic errors. Leading digital health vendors, such as Siemens, incorporate AI into their Research and Development efforts to drive comprehensive medical image understanding. The increasing utilization of health data and analytics is a primary factor fueling the expansion of the global digital health market throughout the forecast period. 

The Digital Health Market is booming with trends like remote stroke monitoring, medication reminders, and telehealth platforms leading the way. Secure messaging apps, continuous glucose monitors, and symptom tracking apps are also popular. Pregnant women benefit from telehealth services, while pharmacy delivery and health information apps cater to diverse needs. Digital health startups leverage mobile services and smartphone penetration, offering low-cost devices and high-speed mobile networks. Telemedicine services collect personal health information, ensuring data security. Obesity management solutions include tablets and tablet PCs. Personal Digital Assistants and Internet connectivity sources facilitate chronic disease management. Despite concerns about data security and the black market, the Digital Health Market continues to grow, transforming healthcare delivery. 

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Market Challenges

The digital health market is witnessing a significant influx of open-source vendors offering diverse digital health solutions. These vendors’ offerings collectively provide nearly all the functionalities of proprietary on-premises and cloud-based digital health solution providers. Open-source software boasts benefits such as unrestricted innovation, enhanced credibility, and decentralized control, potentially impacting the market share of proprietary players in the digital health sector. Notably, NHS England, a UK public body, employs open-source IT solutions in healthcare to cater to all, enabling customization to local needs. Leeds Teaching Hospitals, a UK hospital trust, is utilizing open-source software to create Electronic Health Records (EHRs). This trend poses a challenge to the expansion of the global digital health market during the forecast period.The Digital Health Market is experiencing significant growth due to the increasing adoption of digital technology in healthcare. However, challenges persist, such as fraudulent insurance claims and compromised healthcare records. Telemedicine, mHealth, and digital therapeutics are key areas of focus, with tele-healthcare segment, software, hardware, and services segments all contributing. Healthcare providers, payers, and patients/consumers benefit from self-health management tools, preventive healthcare, and consumer-centric approaches. The proliferation of smartphones and mHealth devices facilitates better healthcare access for adults. Telehealthcare platforms, wearable device manufacturers, e-prescription systems, and IT industry collaborations are driving innovation. Digital health technology addresses chronic illnesses like diabetes, heart disease, and cancer through digital portals, health management tools, and telehealthcare services. The elderly population’s needs are met through digital solutions, ensuring better healthcare decisions and improved healthcare infrastructure in hospitals and the healthcare ecosystem.

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Segment Overview 

This digital health market report extensively covers market segmentation by  

Application 1.1 Wireless health1.2 Mobile health1.3 EHR1.4 TelehealthComponent 2.1 Software2.2 Services2.3 HardwareGeography 3.1 North America3.2 Europe3.3 Asia3.4 Rest of World (ROW)

1.1 Wireless health-  Wireless health is an innovative sector in the digital health market, integrating wireless technologies into traditional medical activities. Key wireless technologies include 4G, Bluetooth Low Energy (BLE), and BodyLAN. Dexcom’s G4 Platinum, a continuous glucose-monitoring device, transmits data wirelessly within a 6-meter range using BLE, while Dexcom STUDIO is the accompanying software. RFID technology, another essential wireless solution, enables hospitals to monitor the real-time location and status of critical equipment like infusion pumps and specialty beds. STANLEY Healthcare’s Hugs Infant Protection system uses a hospital’s Wi-Fi network to locate infants within coverage. These advancements contribute to the anticipated growth in the wireless health market.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Learn and explore more about Technavio’s in-depth research reports

The global medical devices market is experiencing significant growth, driven by technological advancements, increasing prevalence of chronic diseases, and rising demand for minimally invasive procedures. Key players are focusing on innovation and strategic collaborations to expand their market presence.

The global equine healthcare market is expanding due to the rising awareness of animal health, increasing horse ownership, and advancements in veterinary care. Key segments include diagnostic products, therapeutic products, and supplements, with major players investing in research and development to meet the evolving needs of horse owners and veterinarians.

Research Analysis

The Digital Health Market is experiencing rapid growth as tablets and mobile platforms become the new norm for managing healthcare requirements. Chronic diseases such as diabetes, heart disease, and cancer are being addressed through innovative digital health tools. Tablet PCs and Personal Digital Assistants (PDAs) are transforming healthcare delivery, enabling real-time monitoring and communication between adults and physicians. Internet connectivity sources and high-speed mobile networks ensure seamless access to digital portals and telehealthcare platforms. Low-cost devices and e-prescription systems cater to the IT industry’s demand for affordable and efficient healthcare solutions. Digital technology is revolutionizing the healthcare ecosystem, with telehealthcare platform developers and wearable device manufacturers leading the charge. Preventive healthcare is a key focus area, with digital health tools offering personalized health management solutions. The healthcare IT infrastructure is evolving, with hospitals adopting digital technology to streamline operations and improve patient care. The digital health market is poised for significant growth, with the potential to revolutionize the way we approach healthcare.

Market Research Overview

The digital health market is experiencing rapid growth due to the proliferation of mobile devices and high-speed mobile networks. Tablets and Mobile platforms are transforming healthcare delivery, enabling telemedicine services, remote monitoring, and self-health management. Low-cost devices and digital health tools like Personal Digital Assistants and smart sensors are making healthcare more accessible to adults and the elderly population. Digital health solutions include telehealthcare platforms, mHealth devices, and digital therapeutics. The software segment offers digital health management tools, electronic medical records, and secure messaging apps. The hardware segment includes tablet PCs, wearable devices like continuous glucose monitors and wearable ECG monitors, and blood pressure cuffs. Telehealthcare services offer patient-doctor communication, medication reminders, symptom tracking apps, and pharmacy delivery. Telehealth platforms provide preventive healthcare services for chronic diseases like diabetes, heart disease, cancer, stroke, and obesity. However, digital health also presents challenges such as data security and privacy concerns, with the risk of compromised healthcare records, fraudulent insurance claims, and criminals in the black market. Digital health startups and IT industry players are working to address these challenges and ensure a consumer-centric approach to digital health technology. The healthcare ecosystem, including healthcare providers, payers, and patients and consumers, is embracing digital technology to improve healthcare requirements and healthcare IT infrastructure. Hospitals and physicians are adopting digital health tools and digital portals for efficient healthcare delivery and better health decisions.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ApplicationWireless HealthMobile HealthEHRTelehealthComponentSoftwareServicesHardwareGeographyNorth AmericaEuropeAsiaRest Of World (ROW)

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Hilco Global Engaged by Stan Lee Holdings to Sell Rare & Valuable Intellectual Property Portfolio

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NEW YORK, July 24, 2026 /PRNewswire/ — Hilco Global, a diversified financial services company that delivers expert professional services and capital solutions to help clients maximize value and drive performance across the business lifecycle, is pleased to announce that its IP Services practice has been engaged by Stan Lee Holdings, Ltd. (“SLH”) to sell a legendary portfolio of intellectual property developed by Stan Lee, the iconic “father of the super hero.” Known as the Omniverse Collection created by Stan Lee, the portfolio represents a treasure trove of original characters and source material developed by Stan when he was leading Marvel Comics and when he built Stan Lee Entertainment – the first super hero animation studio created for the Internet age. This rare and valuable collection of Intellectual Property encompasses dozens of compelling super heroes and stories conceived by Stan from 1999 to 2001 as well as a franchise comprising over 50 well-known characters – the only franchise of Marvel-created characters not owned by Marvel. Full details of the collection, including the individual characters, franchises, and story properties it comprises, will be released in the coming weeks.

Through this collaboration, Hilco Global will work alongside SLH and former EVP of Marvel Entertainment Shirrel Rhoades to find a new home for a body of largely underleveraged super hero and other characters, as well as world-building intellectual property. Numerous supporting  scripts, episodes, and development materials spanning Stan Lee’s career are also part of the offering.

“The Omniverse Collection created by Stan Lee is one of the most significant super hero IP offerings of the decade,” said Eric Hurwitz, Senior Director of the Hilco Global IP Services practice. “This large, diverse portfolio presents the opportunity to capitalize on untapped material with an unmatched pedigree. A buyer essentially has a blank slate to bring these characters to fans worldwide and expand on Stan Lee’s legacy. Hilco Global is thrilled to bring these assets to market, leveraging deep experience across intellectual property and media valuation, licensing, and transaction execution.”

Among the intellectual property being offered is a hidden gem; a connected entertainment universe of Stan Lee’s own creation. “This one-of-a-kind IP collection illustrates just how far ahead Stan was in understanding the future of entertainment,” observed Shirrel Rhoades, who was handpicked by Stan Lee to succeed him as publisher of Marvel. “What we’re bringing to market isn’t a collection of isolated ideas. It’s pieces of one larger vision, a living digital universe in which characters can be created, experienced, and expanded across every form of media.”

Parties can reach out to Ehurwitz@hilcoglobal.com to register interest. More information about the offering, the individual properties within the collection, and the sale process will become available soon.

About Hilco Global:  Hilco Global, a subsidiary of ORIX Corporation USA, is a diversified financial services company that delivers integrated professional services and capital solutions that help clients maximize value and drive performance across the retail, commercial and industrial, real estate, manufacturing, and intellectual property sectors. Hilco Global provides a range of customized solutions to healthy, stressed, and distressed companies to resolve complex situations and enhance long-term enterprise value. Hilco Global works to deliver the best possible result by aligning interests with clients and providing strategic advice and, in many instances, the capital required to transact. Hilco Global is based in Northbrook, Illinois and has more than 810 professionals operating on four continents. Visit www.hilcoglobal.com

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SOURCE Hilco Trading, LLC

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GR0 to Acquire Ultimate AI’s Deployment Division and Launch GR0 AI, Turning Brands’ Existing Customer Data Into Revenue

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The new company pairs GR0’s performance marketing distribution with Ultimate Deployment’s AI agents and customer intelligence to build AI revenue systems for DTC and ecommerce brands; in one early deployment, AI-led customer conversations were associated with more than $350,000 in sales.

LOS ANGELES, July 24, 2026 /PRNewswire/ — GR0, the Los Angeles-based digital marketing agency, today announced plans to acquire Ultimate Deployment and launch GR0 AI, a new company that builds and deploys AI revenue systems for direct-to-consumer (DTC) and ecommerce brands. GR0 AI combines GR0’s performance marketing expertise, client relationships and sales infrastructure with Ultimate Deployment’s technology and experience deploying AI agents inside operating businesses.

“AI is creating an entirely new performance channel for brands,” said Jon Zacharias, co-founder and president of GR0. “Most companies already have the traffic, customer data and demand. What they’re missing is an intelligent system that knows who to contact, what to say and when to say it. GR0 AI turns the customer signals brands already own into personalized conversations and measurable revenue.”

The approach is already producing results. In one early deployment, AI-led customer conversations were associated with more than $350,000 in sales during a period in which the brand generated approximately $1 million in total revenue. GR0 AI deployments include attribution and incrementality reporting so brands can measure both assisted and directly generated revenue.

GR0 AI deploys inside a brand’s existing commerce, CRM, email, SMS, phone and customer-data infrastructure. Its systems:

Identify and prioritize high-intent customers and prospects Personalize outreach and follow-up based on customer behavior and company data Conduct two-way conversations across messaging channels, recovering revenue from abandoned carts, dormant customers and unconverted leads Escalate complex or high-value opportunities to human sales and support teams Measure the revenue associated with AI-driven interactions

“Most brands do not have a demand problem.  They already have thousands of customers and prospects sitting inside their systems,” said Ben Ganz, founder of Ultimate Deployment. “We build the company brain, unify the data and deploy AI employees that act on that intelligence. The opportunity falls into two buckets: recover the demand a brand has already earned, and make sure no new opportunity slips through the cracks. GR0 gives us the distribution, market access and operating experience to bring this to hundreds of brands.”

Ganz has spent his career at the intersection of entertainment and technology. He began as a producer on American Idol before moving into digital leadership at Fox, then founded VEGO Pictures, a digital production and technology company that worked with major entertainment and consumer brands and served as in-house production partner to Kevin Hart’s Laugh Out Loud Network. He also co-founded a virtual events company that produced digital graduation experiences for hundreds of thousands of students during the COVID-19 pandemic.

From there, Ganz and his team moved to the frontier of consumer AI, creating what FOX News called Hollywood’s first AI interactive voice experience. They powered AI personalities for creators with a combined audience of 100 million followers and engineered the world’s first AI assembly line for replicating personalities at scale, work the Hollywood Reporter recognized as the “Real-life Her.”  Ultimate Deployment then turned that conversational AI expertise toward the enterprise, building systems that connect company knowledge, customer data, and operational software with AI agents capable of performing real, meaningful business work.

“Ben and his team have built something with the potential to become a major new revenue channel for ecommerce companies,” Zacharias said. “We have seen very few offerings create this level of excitement among sophisticated performance marketers.”

Every GR0 AI engagement begins with an intensive discovery and implementation process: the team interviews key employees, maps the company’s systems and builds a centralized intelligence layer around the business. Lead scoring and prioritization are connected to the brand’s CRM before customer-facing AI agents go live.

“The technical opportunity is clear, and our job is to make it just as clear commercially,” said Kevin Miller, founder and CEO of GR0. “A brand that works with GR0 AI will know exactly what is being installed, how quickly it goes live and what revenue it is producing.”

The acquisition is expected to close this quarter, subject to completion of definitive agreements. Financial terms were not disclosed.

Brands interested in early GR0 AI deployments can learn more at www.gr0.com.

About GR0

GR0 is a full-service digital marketing agency that helps DTC and ecommerce brands accelerate growth through data-driven performance marketing, creative strategy and emerging technology. Co-founded by Kevin Miller and Jon Zacharias, GR0 provides services across SEO, Generative Engine Optimization, paid media, email, SMS, creative, affiliate and marketplace growth, and was among the first agencies to build a dedicated GEO practice, which is recognized by VentureBeat as one of America’s premier Generative Engine Optimization agencies. GR0 is headquartered in Los Angeles. Learn more at GR0.com.

About Ultimate Deployment

Ultimate Deployment builds AI employees for growing companies. Founded by Ben Ganz, the company captures how a business operates, organizes its institutional knowledge, connects its systems and deploys AI agents that perform real operational work across sales, customer experience, marketing, finance and internal teams.

Before its enterprise focus, Ultimate Deployment’s team built consumer AI at entertainment scale, creating Hollywood’s first interactive voice experience, powering AI personalities for creators with a combined audience of 100 million followers and engineering the world’s first AI assembly line for replicating personalities’ work featured by Fox News and recognized by The Hollywood Reporter as the real-life Her.

About Ultimate AI

Ultimate AI, founded by Ben Ganz, is a holding company building AI across consumer and enterprise. It launched during the first wave of consumer generative AI as an early AI super app, bringing more than 100 AI tools and assistants into a single consumer platform that peaked within the top 10 of its Apple App Store category, according to company data. The company then expanded into creator AI, developing technology that lets public figures build interactive AI experiences around their personality, voice, knowledge and content. In 2024, Ultimate AI created Pookie Tools (widely known as the Hawk Tuah AI app), whose launch generated more than 400 million organic social media views and more than 10,000 downloads in its first seven days with no paid marketing, according to company data. It went on to develop real-time voice and personality products, including an experience Fox News described as Hollywood’s first real-time AI experience.

Ultimate Deployment, the enterprise arm that GR0 is acquiring, formed in March 2026 following the release of frontier agentic models from Anthropic and OpenAI, and applies that technology inside operating companies. It builds AI employees that capture how a business operates, unify its data and systems, and perform real operational work across sales, customer experience, marketing, finance and internal teams.

Company: GR0
Media Contact Name: GR0 Agency
Media Contact Email: press@gr0.com
Phone: +1 (310) 439-1887
Address: Los Angeles, CA, USA
Website: https://gr0.com/

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SOURCE GR0.com LLC

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Tech Mahindra and Cisco Partner to Bring AI-Driven Security Service Edge to Global Enterprises

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PUNE, India, July 24, 2026 /PRNewswire/ — Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries, announced a partnership with Cisco to deliver an AI-driven Security Service Edge (SSE) offering for global enterprises. The joint offering will help enterprises reduce security complexity, improve visibility and control, deliver seamless user access, and strengthen resilience as they scale cloud, hybrid work, and AI adoption.

The partnership combines Tech Mahindra’s global managed services, integration, and delivery expertise with Cisco’s industry-leading Security Service Edge (SSE) platform (Cisco Secure Access) to provide unified, cloud-native security and seamless zero-trust access across users, devices, networks, and locations. For Tech Mahindra, the partnership strengthens its cybersecurity portfolio with differentiated, high-value managed security services, expands its addressable market, and accelerates pipeline growth in cloud security.

Saket Singh, SVP & Business Head – Digital Core Services (Cloud, Infrastructure, Network and Cyber Security Services), Tech Mahindra, said, “As enterprises increasingly operate in hybrid and distributed environments, security must evolve from siloed controls to unified, cloud-native platforms. Fragmented tools, inconsistent user experiences, and rising threats are creating visibility and control gaps as applications are accessed from anywhere. Through our partnership with Cisco, we are combining advanced SSE capabilities with Tech Mahindra’s managed services expertise to simplify operations, strengthen zero-trust enforcement, and deliver consistent, AI-powered protection at scale.”

By integrating a secure web gateway, cloud access security broker (CASB), zero trust network access (ZTNA), firewall-as-a-service, data loss prevention (DLP), and much more into a single platform, the offering simplifies security operations and delivers AI-powered protection. Enterprises benefit from end-to-end visibility, faster deployment, and a streamlined path to modernizing their security architecture while accelerating secure cloud adoption and cyber resilience. Additionally, as enterprises inevitably step into the agentic era, this solution provides robust and rapidly expanding protections for the use of generative AI and AI agents.

Raj Chopra, SVP & Chief Product Officer, Cisco Security Business Group, said, “Enterprises don’t need another tool to stitch into an already complex security stack. They need a simpler way to secure how work actually happens across users, devices, applications, clouds, and increasingly AI agents. Cisco Secure Access brings zero trust, identity context, and AI-powered protection into one cloud-delivered platform, helping teams enforce policy consistently while giving users seamless access from anywhere. Together with Tech Mahindra’s global managed services and integration expertise, we can help organizations modernize security operations, accelerate secure cloud and AI adoption, and move with confidence in the agentic era.”

The integrated SSE solution reinforces Tech Mahindra and Cisco’s leadership in unified cloud-security, helping enterprises simplify secure access, strengthen resilience and accelerate digital transformation in an increasingly distributed and AI-driven world.

 

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SOURCE Tech Mahindra

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