Connect with us

Technology

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 to boost the market growth, Technavio

Published

on

NEW YORK, July 30, 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..

Get a detailed analysis on regions, market segments, customer landscape, and companies – Click for the snapshot of this report

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Application (Wireless health, Mobile health, EHR, and Telehealth), Component (Software, Services, and Hardware), and Geography (North America, Europe, Asia, and Rest of World (ROW))

Region Covered

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

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.

Key Market Trends Fueling Growth

Artificial Intelligence (AI) plays a significant role in enhancing medical equipment output and expediting results in the digital health sector. This technology empowers medical professionals with more efficient diagnosis tools and informed insights. In radiology, for instance, AI algorithms help radiologists meet the rising demand for diagnostic imaging, streamlining clinical workflows and reducing diagnostic errors. AI is a crucial component of Research & Development (R&D) for leading digital health vendors, such as Siemens. The expanding use of health data and analytics is fueling the global digital health market’s growth during the forecast period. AI’s integration into healthcare promises to revolutionize clinical decision-making processes, ensuring improved patient care and heightened efficiency. 

The Digital Health Market is booming with trends like stroke care through remote monitoring, medication reminders, telehealth platforms, secure messaging apps, and symptom tracking apps leading the charge. Continuous glucose monitors and wearable ECG monitors are popular devices for managing chronic diseases such as diabetes and heart conditions. Pregnant women and those with obesity benefit from telehealth services, mobile platforms, and tablet PCs. Digital health startups leverage mobile services, smartphone penetration, and high-speed mobile networks to offer affordable, low-cost devices and telemedicine services. Data collection and management of personal health information are crucial, ensuring security against black market criminals. Electronic Medical Records and Internet connectivity sources facilitate seamless access to medical information. Overall, the Digital Health Market is transforming healthcare delivery for various chronic diseases. 

Discover 360° analysis of this market. For complete information, schedule your consultation- Book Here!

Market Challenges

The digital health market is witnessing a significant influx of open-source vendors offering diverse digital health solutions. Combining multiple open-source products can provide nearly all the functionalities of proprietary on-premises and cloud-based digital health solution providers. Open-source software offers advantages such as unrestricted innovation, enhanced credibility, and decentralized control, which may negatively impact the market share of proprietary players. NHS England, a UK public body, utilizes open-source IT solutions in healthcare to make services accessible and customizable to local needs. Leeds Teaching Hospitals is one example using open-source software for Electronic Health Records development, potentially hindering the expansion of the global digital health market during the forecast period.The Digital Health Market is experiencing significant growth due to the increasing use 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. The market is segmented into software, hardware, and services, catering to healthcare providers, payers, and patients. Self-health management is on the rise due to the proliferation of smartphones and mHealth devices. Tele-healthcare services, consumer-centric approaches, and digital portals are transforming healthcare decisions for adults with chronic illnesses like diabetes, heart disease, and cancer. The elderly population also benefits from digital health technology. Telehealthcare platform developers and wearable device manufacturers are driving innovation, while e-prescription systems streamline healthcare processes. The IT industry plays a crucial role in developing healthcare IT infrastructure, including hospitals and the healthcare ecosystem. Preventive healthcare is a growing trend, and digital health tools are essential for managing non-communicable diseases.

For more insights on driver and challenges – Download a Sample Report

Segment Overview

This digital health market report extensively covers market segmentation by

Application1.1 Wireless health1.2 Mobile health1.3 EHR1.4 TelehealthComponent2.1 Software2.2 Services2.3 HardwareGeography3.1 North America3.2 Europe3.3 Asia3.4 Rest of World (ROW)

1.1 Wireless health- Wireless health is a burgeoning sector in the digital health market, leveraging wireless technologies for traditional medical activities like diagnosis and treatment. Notable wireless technologies include 4G, Bluetooth Low Energy (BLE), and BodyLAN. Dexcom’s G4 Platinum continuous glucose monitoring system uses BLE to transmit data within a 6-meter range, while Dexcom STUDIO software processes the information. RFID technology, another key player, enables hospitals to track critical equipment like infusion pumps and specialty beds in real-time, updating their status. STANLEY Healthcare’s Hugs Infant Protection system uses Wi-Fi for hospital-wide infant security. The digital health market, fueled by these advancements, is projected to expand significantly.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022) – Download a Sample Report

Research Analysis

The Digital Health Market is experiencing exponential growth, driven by the increasing use of digital technology in healthcare. Tablets and Mobile platforms are revolutionizing healthcare delivery, providing easy access to medical information and mobile applications for adults managing chronic diseases such as diabetes, heart disease, and cancer. Tablet PCs and Personal Digital Assistants offer convenient solutions for physicians to access healthcare IT infrastructure, enabling remote consultations and telehealthcare services. Internet connectivity sources and high-speed mobile networks enable seamless communication between healthcare providers and patients, ensuring timely and effective care. Digital portals and telehealthcare platform developers are at the forefront of this transformation, creating innovative solutions to meet the evolving healthcare requirements. Wearable device manufacturers are also contributing to this trend, providing low-cost devices that enable individuals to monitor their health in real-time. The IT industry is investing heavily in digital health tools, from e-prescription systems to preventive healthcare applications. The healthcare ecosystem is embracing digital technology, with hospitals and healthcare providers integrating digital solutions into their operations to improve efficiency and patient outcomes.

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 for chronic diseases. Low-cost devices and digital health tools, such as Personal Digital Assistants and smart sensors, are making healthcare more accessible to adults and the elderly population. Digital health technology includes software, hardware, and services segments catering to healthcare providers, payers, and patients. Telehealthcare platforms, mHealth devices, and digital therapeutics are revolutionizing healthcare IT infrastructure in hospitals and healthcare ecosystems. However, digital health also presents challenges, including data security and privacy concerns. Criminals may exploit the black market for compromised healthcare records, leading to fraudulent insurance claims. Digital health startups and telehealth platform developers must prioritize secure messaging apps and e-prescription systems to mitigate risks. Preventive healthcare applications, such as medication reminders, symptom tracking apps, and continuous glucose monitors, are essential for managing non-communicable diseases like diabetes, heart disease, cancer, and stroke. Wearable devices, such as ECG monitors, blood pressure cuffs, and smartphone applications, are transforming healthcare decisions and enabling remote monitoring for pregnant women. The IT industry’s consumer-centric approach to healthcare is driving innovation in digital health technology, with telehealth services, health management tools, and pharmacy delivery becoming increasingly popular. The future of digital health lies in the integration of digital technology and healthcare, providing personalized healthcare solutions for patients and consumers.

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/

View original content to download multimedia:https://www.prnewswire.com/news-releases/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-to-boost-the-market-growth-technavio-302209048.html

SOURCE Technavio

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Hyperscale Data Holds Approximately $53 Million in Cash, Restricted Cash and Bitcoin, Representing Nearly 200% of Recent Market Capitalization

Published

on

By

LAS VEGAS, Sept. 4, 2026 /PRNewswire/ — Hyperscale Data, Inc. (NYSE American: GPUS), an artificial intelligence (“AI”) data center company anchored by Bitcoin (“Hyperscale Data” or the “Company”), today announced that, as of September 3, 2026, it held approximately $36 million in cash and restricted cash and approximately 215 Bitcoin.

As of September 3, 2026, the Company’s combined cash, restricted cash and Bitcoin holdings totaled approximately $53 million, based on a Bitcoin price of approximately $81,500, representing nearly 200% of the Company’s equity market capitalization as of that date.

Milton “Todd” Ault III, Executive Chairman of Hyperscale Data, stated, “Hyperscale Data currently holds approximately $36 million in cash and restricted cash and approximately 215 Bitcoin, with an estimated market value of approximately $18 million. Together, these assets total approximately $53 million, equal to nearly twice the Company’s recent equity market capitalization.

“We sold a portion of our Bitcoin and deployed the proceeds to support the continued buildout of our Michigan AI data center as we prepare to perform under our master services agreement (the ‘MSA’) with a California-based neocloud provider. The MSA provides for the deployment of 20 megawatts, has an initial term of 10 years and includes two five-year extension options that may be exercised by the customer. If the customer exercises both extension options, the MSA is expected to generate in excess of $1.2 billion in revenue over the maximum 20-year term.

“This was a deliberate capital-allocation decision. We believe investing in the infrastructure necessary to perform under the MSA has the potential to create substantially greater long-term value for the Company and our stockholders. Even after deploying capital toward the Michigan facility, the value of our cash, restricted cash and remaining Bitcoin substantially exceeds our recent equity market capitalization. Although this comparison does not reflect our liabilities or the restrictions applicable to certain cash balances, we believe it provides meaningful context regarding the Company’s current market valuation and underlying assets. In my view, the market is not presently reflecting the underlying value of the Company.”

The Company notes that the market value of Bitcoin and the market capitalization of Hyperscale Data fluctuate continuously. Restricted cash is subject to applicable restrictions on its use. The comparison in this release is intended to highlight the relationship between these specific assets and the Company’s recent equity market capitalization and should not be interpreted as a calculation of net cash, enterprise value, liquidation value or amounts available for distribution to stockholders.

For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data’s public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.

About Hyperscale Data, Inc.

Through its wholly owned subsidiary Sentinum, Inc., Hyperscale Data owns and operates a data center that offers colocation and hosting services for the emerging AI ecosystems and other industries. Hyperscale Data’s other wholly owned subsidiary, Ault Capital Group, Inc. (“ACG”), is a hybrid private equity firm and operating company that acquires, finances, builds and actively manages businesses across financial services, digital assets, industrial services, hospitality, defense technologies and other sectors.

Hyperscale Data currently expects the divestiture of ACG (the “Divestiture”) to occur in 2027. Upon the occurrence of the Divestiture, the Company would be an owner and operator of data centers to support high-performance computing services, as well as a holder of the digital assets. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, equipment rental services, defense/aerospace, industrial, automotive and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through Ault Lending, LLC, a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.

On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the “Series F Preferred Stock”) to all common stockholders and holders of the Series C Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the “ACG Shares”). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be shareholders of ACG upon the occurrence of the Divestiture.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.

Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at hyperscaledata.com.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/hyperscale-data-holds-approximately-53-million-in-cash-restricted-cash-and-bitcoin-representing-nearly-200-of-recent-market-capitalization-302869832.html

SOURCE Hyperscale Data Inc.

Continue Reading

Technology

JA Takes Integrated Solar-Plus-Storage Solutions on the Road Across Europe

Published

on

By

PABIANICE, Poland, Sept. 4, 2026 /PRNewswire/ — JA has officially launched its first European roadshow, Journey Ahead: JA Roadshow 2026, with the inaugural stop in Poland. The mobile showcase will travel across the continent over the next eight weeks, bringing JA’s latest PV and energy storage solutions directly to customers.

Marking JA’s first large‑scale European roadshow under the unified “One JA” brand framework, the tour offers a tangible, on-the-ground demonstration of how JA’s integrated energy ecosystem is moving from vision to real‑world application.

Setting off from Poland, the roadshow will visit more than 20 locations across 11 countries, including Hungary, Romania, Germany, Italy, Spain and others, encompassing Europe’s key energy markets.

Designed to address Europe’s growing demand for energy resilience and integrated solar‑storage energy services, the roadshow features JA’s core portfolio built around solar‑storage‑intelligent technologies. Three dedicated experience zones for integrated PV‑storage, commercial & industrial (C&I), and data‑center use cases will demonstrate the company’s end-to-end integrated energy capabilities.

On the PV front, JA is showcasing its full range of high-efficiency modules, including the flagship DeepBlue 5.0 and DeepBlue 4.0 Pro series built on TOPCon technology. Highlights include the anti-glare solutions with both microstructured glass and acid-etched glass variants. Also featured is the HyperGen module, powered by JA’s proprietary back‑contact and full‑surface technologies. It achieves a world‑record‑certified cell conversion efficiency of 28.2 %, laying a solid technical foundation for high‑performance power generation.On the energy storage side, the roadshow showcases solutions for diverse applications:JAPlanet Fusion, an integrated solar-plus-storage system for C&I applications, enabling intelligent coordination of solar generation, storage and site loads.JAPlanet 2.0, an all-in-one C&I energy storage system providing integrated energy management for enterprises and industrial parks.JAGalaxy, a utility-scale energy storage solution for renewable energy integration, grid-side applications and large data centres.For applications with stringent data security, privacy and regulatory requirements, JA’s Nebula™ Digital Energy Solution supports flexible local, European or hybrid deployment options based on regulatory and project requirements.

The roadshow’s launch in Poland marks the beginning of a two-month engagement across Europe, during which JA will hold in-depth technical discussions and product demonstrations with local customers. As the tour progresses, additional stops, activities and updates will be published on the dedicated roadshow microsite at journeyahead.eu.

SOURCE JA

Continue Reading

Technology

ECOVACS Launches WINBOT W2S PRO OMNI, the Latest Addition to the World’s #1 Robotic Window Cleaner Line

Published

on

By

The latest WINBOT combines upgraded edge-to-edge scrubbing, cordless cleaning, intelligent navigation and comprehensive safety for a more effortless way to keep windows clean

SAN FRANCISCO, Sept. 4, 2026 /PRNewswire/ — ECOVACS Robotics today launched the WINBOT W2S PRO OMNI robotic window cleaner and WINBOT W2S PRO, the latest additions to the WINBOT family, following their global debut at IFA 2026 in Berlin. Showcasing ECOVACS’ latest advancements in robotic window cleaning, the new WINBOT models bring the company’s “Created for Ease” philosophy to a new generation of smarter, more effortless window cleaning. The WINBOT W2S PRO OMNI combines precise edge-to-edge scrubbing, cordless cleaning, intelligent navigation and comprehensive safety features to transform a once-tiring chore into a more hands-free, worry-free experience.

Window cleaning can be a time-consuming and potentially hazardous household task, particularly for large, hard-to-reach and exterior windows. The WINBOT W2S PRO OMNI is designed to take the work out of the chore, delivering powerful cleaning across glass surfaces while helping users clean more windows with fewer interruptions.

Precision at Every Corner, High Performance from Edge to Edge

The WINBOT W2S PRO OMNI features upgraded TruEdge 2.0 Technology, combining precise frame sensing with an optimized four-corner scrubbing system for more complete edge-to-edge cleaning coverage. Four active corner scrubbers use high-density felt bristles to target dirt along window borders and corners, while continuous frame detection helps the WINBOT maintain stable contact with window frames and edges. Together, the four-way scrubbing system delivers up to a 46% increase in cleaning efficiency compared with the previous generation, covering up to 1 square meter in 90 seconds.

The WINBOT can dynamically adjust its path and brush position as it encounters different window structures, helping minimize jamming and maintain consistent cleaning coverage without manual intervention. For tougher outdoor dirt such as rain stains, dust accumulation and bird droppings, its pressurized dual-side spray technology uses three precision spray nozzles on each side. The upgraded triple-nozzle design expands spray coverage to 90%, helping reduce dead spots while creating a fine, wind-resistant water film that loosens dirt before wiping. Combined with an ultra-fine microfiber wiping pad, the system helps lift away dust, pollen, water spots, fingerprints, smudges and pet marks for a streak-free finish.

For larger cleaning jobs, its 4.1 fl oz water reservoir provides up to 807 sq. ft. of coverage per fill, allowing users to clean more windows without repeatedly stopping to refill.

Multi-Purpose OMNI Station Redefines Convenience

The OMNI Station combines control, charging, power and storage in one portable base, making the WINBOT easy to set up, operate and transport. Its integrated 5200mAh battery provides up to 110 minutes of cordless cleaning, allowing users to clean in locations where power outlets may be difficult to access, such as balconies and bathrooms. The station can also connect directly to AC power for longer cleaning sessions.

A high-strength 2-in-1 compound cable combines power delivery and safety tethering in a single line and automatically retracts into the OMNI Station after cleaning, helping keep the setup organized and tangle-free. When the job is done, the WINBOT and its accessories can be stored inside the OMNI Station, while its soft rubber handle makes the station easy to carry.

Intelligently Adapts to Every Scenario

Powered by WIN-SLAM 4.0 Technology, the WINBOT W2S PRO OMNI can adapt its path planning across a wide range of window layouts, including expansive floor-to-ceiling windows, frameless partitions and vanity mirrors. Its multi-sensor detection system continuously monitors window frames and obstacles, allowing the WINBOT to calculate a bypass strategy when it encounters obstacles such as window handles or locks and continue cleaning.

Through the ECOVACS mobile app, voice control or shortcut buttons on the OMNI Station, users can choose from eight cleaning modes to suit different cleaning needs and scenarios. At just 66dB, the WINBOT W2S PRO OMNI is the quietest model in the WINBOT family to date. Its four-layer noise reduction system combines Dual-Wing Air Ducts, vibration control, acoustic padding and sound insulation to help deliver quieter operation.

Designed for Safety and Peace of Mind

The WINBOT W2S PRO OMNI features a 12-tier protection system combining hardware and software safeguards for a secure and reliable cleaning experience. Key protections include 10,000Pa suction power, automatic air pressure compensation, a floating wiping pad plate, anti-drop protection and power-off protection. The automatic air pressure compensation system detects air leaks in as little as 0.007 seconds and compensates to help maintain consistent suction.

If power is interrupted or the battery level becomes low, power-off protection keeps the WINBOT attached to the window for more than 30 minutes, providing additional time for users to respond.

For additional peace of mind, users can also enjoy insurance protection in the unlikely event of damage caused by a loss of suction.

Pricing and Availability

The ECOVACS WINBOT W2S PRO OMNI is now available at a limited-time launch price of $499.99, a $100 discount off its $599.99 MSRP, through September 14, 2026. The WINBOT W2S PRO is available at a limited-time launch price of $339.99, a $60 discount off its $399.99 MSRP, through September 7, 2026. Both are available through the official ECOVACS store on Amazon.

About ECOVACS ROBOTICS:

ECOVACS. Created for ease. Founded in 1998, ECOVACS ROBOTICS builds indoor and outdoor home robots that take routine chores off people’s hands, guided by the mission Robotics for All and the corporate philosophy, Never Follow. Always Define. Cited as the No. 1 Brand in Global Home Robotics by Forbes China in 2026, ECOVACS is trusted by 38M homes across the globe. It holds 2,500 patents across a product line spanning robotic cleaners from vacuum and mops, window cleaners, lawn mowers, and pool cleaners. It sells its products in 180 countries and has earned consistent industry recognition for design and performance.

Source: “IDC Worldwide Home Cleaning Robot Market Tracker” showed ECOVACS WINBOT was the #1 Robotic Window Cleaner globally in terms of shipment volume in the first three quarters of 2025.

View original content to download multimedia:https://www.prnewswire.com/news-releases/ecovacs-launches-winbot-w2s-pro-omni-the-latest-addition-to-the-worlds-1-robotic-window-cleaner-line-302869937.html

SOURCE ECOVACS Robotics

Continue Reading

Trending