Connect with us

Technology

Digital Health Market Size to Reach USD 1,830.4 Billion by 2033, Driven by Rising Adoption of Telehealth, mHealth, AI-Based Solutions, and Connected Healthcare Technologies: Grand View Research, Inc.

Published

on

SAN FRANCISCO, June 24, 2026 /PRNewswire/ — The global digital health market is expected to witness significant expansion over the coming years, with the market size estimated at USD 347.4 billion in 2025 and projected to reach USD 1,830.4 billion by 2033, registering a compound annual growth rate (CAGR) of 23.4% from 2026 to 2033, according to a new report published by Grand View Research, Inc.

The rapid transformation of healthcare delivery systems, increasing integration of digital technologies across clinical workflows, growing demand for remote healthcare services, and rising adoption of patient-centric care models are accelerating the global digital health ecosystem. Healthcare organizations, technology providers, and governments worldwide are investing in digital infrastructure to improve accessibility, efficiency, and quality of healthcare services.

Digital Transformation Reshaping the Global Healthcare Landscape

Digital health technologies are becoming a critical component of modern healthcare systems by enabling connected care, real-time health monitoring, virtual consultations, electronic health records, and data-driven decision-making. The increasing prevalence of chronic diseases, shortage of healthcare professionals, rising healthcare expenditure, and growing preference for convenient healthcare solutions are contributing significantly to market growth.

The expansion of smartphones, improved internet connectivity, advancements in healthcare IT infrastructure, and increasing investments in healthcare technology are supporting the adoption of digital health platforms globally. Remote patient monitoring solutions, telehealth services, and mobile health applications are becoming increasingly important tools for healthcare providers and patients seeking continuous access to medical services.

Get Free PDF Sample for more Insights on this Research Report

Telehealth and mHealth Technologies Drive Market Growth

Based on technology, the tele-healthcare segment dominated the digital health market with a 44.7% revenue share in 2025, supported by increasing adoption of virtual healthcare services, expanding internet accessibility, rising smartphone penetration, and growing demand for remote consultations.

The rapid evolution of telehealth platforms has enabled healthcare providers to deliver consultations, monitoring services, and follow-up care beyond traditional clinical settings. Increasing healthcare costs and the need to improve healthcare accessibility in underserved regions are further encouraging the adoption of digital care models.

The mHealth segment is also gaining momentum as consumers increasingly use smartphones and wearable technologies to monitor health metrics, manage chronic conditions, and access personalized healthcare solutions. Continuous improvements in mobile connectivity and digital awareness are expected to support the growth of mobile-based healthcare services.

Software Segment Leads Digital Health Market Expansion

By component, the software segment accounted for the largest revenue share of 45.7% in 2025. The segment growth is attributed to increasing adoption of healthcare software platforms among patients, healthcare providers, payers, and medical institutions.

Healthcare organizations are increasingly implementing advanced software solutions, including electronic health records (EHR), healthcare analytics platforms, digital therapeutics solutions, and clinical management systems to improve operational efficiency and patient outcomes.

The integration of artificial intelligence (AI), machine learning, and advanced analytics is further transforming healthcare decision-making by enabling predictive insights, improved diagnostics, and personalized treatment approaches.

Rising Chronic Disease Burden Accelerates Digital Health Adoption

The growing prevalence of chronic diseases such as diabetes, cardiovascular disorders, and cancer is creating increased demand for digital healthcare solutions that support continuous monitoring and disease management.

The diabetes application segment dominated the market with a share of over 25% in 2025, driven by the rising need for glucose monitoring solutions, digital disease management platforms, wearable devices, and remote patient monitoring technologies.

Digital health platforms are helping patients actively participate in their healthcare journey by providing access to health information, enabling medication adherence tracking, and allowing healthcare professionals to monitor patient conditions remotely.

Patient-Centric Healthcare Models Fuel Market Opportunities

The patient segment held the largest share of over 35% in 2025 and is expected to experience strong growth during the forecast period. The increasing focus on personalized healthcare, self-management tools, and improved patient engagement is driving adoption across this segment.

Digital health solutions empower patients through mobile applications, wearable devices, virtual care platforms, and connected medical technologies that support preventive healthcare and proactive disease management.

Healthcare providers are also increasingly adopting digital solutions to enhance clinical efficiency, streamline workflows, and deliver personalized treatment strategies.

North America Maintains Market Leadership While Asia Pacific Shows Strong Growth Potential

North America dominated the global digital health market in 2025, accounting for a 37.1% revenue share, supported by advanced healthcare infrastructure, high healthcare IT spending, favorable government initiatives, and strong adoption of emerging technologies.

The region continues to witness significant investments from healthcare technology companies, startups, and healthcare providers focused on developing innovative digital solutions.

Meanwhile, Asia Pacific is expected to experience considerable growth during the forecast period due to increasing smartphone adoption, improving healthcare infrastructure, rising digital literacy, and government initiatives supporting healthcare digitalization.

Browse more Research Reports in Healthcare IT Industry

Growing Investments and Strategic Developments Strengthen Competitive Landscape

The digital health industry is witnessing increasing investments, partnerships, and technological advancements as companies focus on expanding their digital healthcare offerings. Key industry participants are developing solutions across telehealth, healthcare analytics, wearable technologies, remote monitoring, and connected healthcare platforms.

Prominent companies operating in the digital health market include Oracle Cerner, Veradigm, Apple Inc., Telefonica S.A., McKesson Corp., Epic Systems Corp., Google Inc., Samsung Electronics Co. Ltd., IBM Corp., and CISCO Systems, Inc., among others.

Recent industry developments highlight the growing focus on artificial intelligence integration, digital care delivery models, and technology-enabled healthcare solutions. These advancements are expected to create new opportunities for market participants while improving healthcare accessibility worldwide.

Digital Health Market Outlook

The global digital health market is entering a transformative phase as healthcare systems increasingly adopt technology-driven approaches to improve patient outcomes and operational efficiency. The combination of advanced connectivity, AI-powered healthcare solutions, increasing healthcare investments, and growing demand for remote care is expected to accelerate market expansion through 2033.

According to Grand View Research, the digital health market is positioned for substantial growth, reaching USD 1,830.4 billion by 2033, reflecting the continued evolution toward connected, accessible, and personalized healthcare ecosystems worldwide.

To learn more about growth opportunities in the Digital Health Market, access the full report from Grand View Research

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Browse GVR’s U.S. Healthcare Facility Mapping & Intelligence Platform

Contact:
Michelle Thoras
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: https://www.grandviewresearch.com
Follow Us: LinkedIn | Twitter
Blog – https://globalindustryherald.com/

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/digital-health-market-size-to-reach-usd-1-830-4-billion-by-2033–driven-by-rising-adoption-of-telehealth-mhealth-ai-based-solutions-and-connected-healthcare-technologies-grand-view-research-inc-302808181.html

Continue Reading
Click to comment

Leave a Reply

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

Technology

International MSME Day: IFQM Calls for a National Quality Mission to Embed India’s MSMEs into Global Value Chains

Published

on

By

NEW DELHI, June 25, 2026 /PRNewswire/ — As the world marks International MSME Day on June 27, India’s 7.47 crore Micro, Small, and Medium Enterprises stand at the heart of the nation’s economic future. As stated in the Economic Survey 2025-26, with 31.1% of GDP, 35.4% of manufacturing output, and 48.58% of exports, MSMEs are the backbone of India’s growth story.Yet, as of 2024, India accounted for an estimated 2.9 per cent of the global manufacturing GVA and only 1.8 per cent of global merchandise exports. This paradox underscores why International MSME Day is not just symbolic—it is a call to action for India to transform scale into competitiveness and embed its enterprises into global value chains.

Since its inception in 2023, the Indian Foundation for Quality Management (IFQM) has championed a National Quality Mission to make Indian organizations globally respected. At the core of this mission is the MSME Cluster Development Approach, built on the IFQM Business Excellence Model – “The India Way.”

Suppliers begin with self-assessment and quality visits by IFQM counsellors, co-creating roadmaps with sponsoring parent companies.Year 1 focuses on fundamentals: Total Quality Management, Zero Defect Manufacturing, and Operational Excellence.Senior counsellors and subject matter experts conduct regular visits, guiding MSMEs on their “Good to Great” journey.

Since January 2025, IFQM has launched clusters with ZF, Bosch, TVS Motors, Tata Steel, Lucas TVS, Padmini VNA, Sundaram Clayton, and the Coimbatore region. The first ZF cluster has already completed its inaugural year, with suppliers reporting measurable gains in productivity, defect reduction, and operational discipline. IFQM calls this a “Journey of Excellence” — moving beyond small-q quality to embrace holistic business excellence (Big Q).

On the occasion of International MSME Day, Soumitra Bhattacharya, CEO & Director, IFQM, emphasized: “India’s economic momentum is undeniable, yet our global trade share remains below 2%. The missing link between growth and competitiveness is quality. Germany’s Mittelstand demonstrates how MSMEs can anchor exports through precision, systems, and supply chain discipline. India’s 7.47 crore MSMEs must embrace the same ethos. At IFQM, we are equipping leaders with actionable frameworks—daily work management, continuous improvement, and adherence to global benchmarks. India’s opportunity will not arrive by default; it must be secured through rigor and excellence. Quality is the lever that will position India as a trusted global partner.”

Building on this foundation, IFQM convened its first MSME Symposium at Anna University, Chennai on March 20, 2026. Captains of industry from Biocon, TVS, Boeing, Motherson, Maruti Suzuki, Cummins, L&T, Bosch, ZF, and Deloitte engaged MSME leaders on quality, competitiveness, and digital transformation. The symposium addressed India’s growth-competitiveness paradox head-on, presenting actionable frameworks, global benchmarks, and transformation case studies.

Five flagship initiatives were unveiled to move MSMEs from aspiration to execution:

Cluster Development Programme to benchmark MSMEs against world-class standardsIFQM Quality Excellence Prize (QEP) — India’s first industry-led excellence award designed for smaller enterprisesLeadership Development Course through the IFQM AcademyZero Defect Manufacturing Course with SRM IST, Chennai and CIT, ChennaiExcellence in Manufacturing Engineering Course with VelTech University

About IFQM

The IFQM Governing Council: Mr. N. Chandrasekaran, Chairman, Tata Sons; Mr. Dilip Sanghvi, Executive Chairman, Sun Pharmaceuticals; Dr. Kiran Mazumdar-Shaw, Executive Chairperson, – Biocon Group; Mr. TV Narendran, CEO & MD, Tata Steel Limited; Mr. K.N. Radhakrishnan, Director & CEO, TVS Motor Co; Dr. Randhir Thakur, CEO & MD, Tata Electronics Pvt. Ltd; Mr. Salil Gupte, President, Boeing India & South Asia; Mr. SN Subrahmanyan, Chairman & MD, Larsen & Toubro; Mr. Venu Srinivasan, Chairman Emeritus, TVS Motor Co & Chairman, IFQM; Mr. Vivek Chaand Sehgal, Chairman, Motherson Group.

IFQM on Web: https://ifqm.org.in/

LinkedIn: https://www.linkedin.com/company/ifqm

For more information, please contact:

Suman Nath

Brevanta Communications suman@brevanta.in, info@ifqm.org.in

View original content to download multimedia:https://www.prnewswire.com/in/news-releases/international-msme-day-ifqm-calls-for-a-national-quality-mission-to-embed-indias-msmes-into-global-value-chains-302810110.html

Continue Reading

Technology

Wego and Hong Kong Tourism Board Partner to Inspire Year-Round Travel from MENA to Hong Kong

Published

on

By

DUBAI, UAE, June 25, 2026 /PRNewswire/ — Wego, the number 1 travel app and the largest online travel marketplace in the Middle East and North Africa (MENA), has announced a strategic partnership with the Hong Kong Tourism Board (HKTB) to strengthen Hong Kong’s visibility among MENA travelers and inspire year-round visitation through a destination campaign showcasing the city’s diverse seasonal experiences.

As travelers across the region increasingly seek destinations that offer a blend of culture, entertainment, nature, and family-friendly experiences within a single journey, Hong Kong continues to stand out as one of Asia’s most dynamic destinations. Combining iconic urban attractions, rich cultural heritage, outdoor adventures, world-class dining, and a vibrant calendar of events, the city offers something unique in every season.

Through this collaboration, Wego and HKTB will highlight Hong Kong’s most compelling experiences across summer and winter, encouraging travelers to discover different sides of the destination throughout the year. The campaign is designed to inspire travel planning by showcasing Hong Kong’s multifaceted and unique appeal – from the world-renowned skyline vistas like The Peak and the iconic energy of Victoria Harbour to cultural hubs like West Kowloon, family-friendly theme parks such as Hong Kong Disneyland and Ocean Park, gastronomic delights, and luxury retail experiences. It aims to drive consideration and bookings by presenting Hong Kong as a travel destination rich in contrast and energy. 

Commenting on the partnership, Mamoun Hmidan, Chief Business Officer at Wego, said: “We’re seeing growing demand among MENA travelers for destinations that can offer diverse experiences throughout the year, and Hong Kong is uniquely positioned to meet that demand. From family attractions and cultural landmarks to outdoor adventures and seasonal celebrations, the destination offers something for every traveler. Through our partnership with HKTB, we’re excited to help more travelers discover the many sides of Hong Kong and plan journeys that match their interests and travel preferences.”

During the summer months, travelers can experience Hong Kong’s outdoor side through adventures across Lantau Island, Cheung Chau, and Sai Kung, destinations known for their scenic coastlines, hiking trails, beaches, and island-hopping experiences. Visitors can also enjoy harbor front activities, open-air events, and local markets that contribute to the city’s vibrant summer atmosphere.

Beverly Au Yong, Director, Middle East & Central Asia,Hong Kong Tourism Board said: “Hong Kong offers an incredible variety of experiences within a compact and accessible destination. Whether travelers are drawn by culture, cuisine, outdoor exploration, family attractions, or festive celebrations, they can enjoy a different side of Hong Kong throughout the year. Together with Wego, we look forward to welcoming more visitors from the Middle East and sharing the experiences that make Hong Kong one of Asia’s most exciting destinations.”

As the year draws to a close, the campaign will spotlight Hong Kong’s festive season, featuring WinterFest, holiday markets, seasonal light displays, harborfront celebrations, and New Year festivities. Travelers can also experience the city’s world-class shopping and cultural events that transform Hong Kong into one of Asia’s most exciting winter destinations.

The campaign will feature curated travel content, destination guides, and seasonal recommendations across Wego’s platforms, helping travelers discover experiences tailored to different interests and travel styles. Through destination storytelling and targeted traveler engagement, Wego and HKTB aim to inspire more visitors from across the MENA region to experience Hong Kong throughout the year.

The partnership reflects a shared commitment to making Hong Kong more discoverable, accessible, and appealing to travelers seeking culture, adventure, entertainment, and authentic local experiences in one destination, further strengthening the city’s position as a leading Asian destination for MENA travelers.

About Wego

Wego is the number one travel app and the largest online travel marketplace in the Middle East and North Africa (MENA). Combining a dynamic travel marketplace with on-platform bookings, Wego enables travelers to easily search, compare, and book flights and hotels across hundreds of airlines, hotels, and online travel agencies. Beyond its B2C marketplace, Wego also operates WegoPro, a next-generation business travel platform, and WegoBeds, a MENA-focused bedbank. The company is backed by Tiger Global, Ares Management, Square Peg Capital, MBC Group, and Arqaam Capital, and is dual-headquartered in Singapore and Dubai with offices in Bangalore and Mumbai.

For more information, visit www.wego.com

Photo: https://mma.prnewswire.com/media/2999550/Wego_Hong_Kong_Disneyland.jpg

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/wego-and-hong-kong-tourism-board-partner-to-inspire-year-round-travel-from-mena-to-hong-kong-302809104.html

SOURCE Wego

Continue Reading

Technology

Manhattan Associates Unveils Manhattan Marketplace™, a Shared Engine for Supply Chain and Commerce AI Innovation

Published

on

By

SYDNEY, June 25, 2026 /PRNewswire/ —  Manhattan Associates Inc. (Nasdaq: MANH), the global leader in native AI-empowered supply chain commerce solutions, today announced a major addition to ActivePlatform™: Manhattan Marketplace, a shared ecosystem where customers and partners discover and deploy intelligent agents, extensions, and accelerators for Manhattan’s Active solutions.

All agents and extensions published to the Marketplace run natively on ActivePlatform, inheriting the same deterministic spine and operational guardrails as our core software. By leveraging Agent Foundry™, our partners can build intelligent solutions that connect directly into our ecosystem, ensuring seamless interoperability and agentic innovation without the need for complex, resource-heavy integration projects. This creates a unified, open space where customers can discover partner-built extensions that target specific industries, workflows, and regions.

“Innovation is no longer a solo effort; it is about bringing the collective brilliance of our entire community into one shared, secure environment,” said Sanjeev Siotia, executive vice president and chief technology officer at Manhattan Associates. “Manhattan Marketplace is the engine for that collaboration – enabling our partners and customers to build on the same foundation and benefit from each other’s best ideas. It is designed to help our ecosystem accelerate speed-to-value while tapping into a broader, shared community of innovation.”

“We’re excited about the flexibility and innovation potential that Manhattan’s AI Agents, Agent Foundry, and Marketplace ecosystem bring to the market. As customers continue looking for faster ways to enhance and extend their operational environments, we see significant opportunity to leverage the Marketplace to deliver practical, customer-specific solutions that accelerate execution and create measurable business value,” said Sandeep Patel, Co-Founder, Veridian.  

Manhattan’s platform has always been rooted in absolute openness, and the Marketplace extends this principle into the AI era. This unified ecosystem ensures that Manhattan, its partners, and its customers all build agents on common, deterministic ground. Partners are already developing for the Marketplace, and customers will gain access to it in upcoming quarters, with additional content and capabilities added over time.

ABOUT MANHATTAN ASSOCIATES

Manhattan Associates is a global technology leader, providing supply chain and omnichannel commerce solutions with unmatched AI capabilities. We design, build and offer best-in-class, AI-powered, cloud-based solutions that drive resilience and efficiency for businesses. We enable enterprises to uniquely unify front-end sales with back-end supply chain execution.

Our commitment to innovation, cloud-native platform and API-first architecture create simpler experiences and faster paths to value for our customers. We empower them to preempt and react to emerging trends and global disruptions with technical expertise and operational confidence, transforming challenges into competitive advantage. For more information, please visit www.manh.com.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/manhattan-associates-unveils-manhattan-marketplace-a-shared-engine-for-supply-chain-and-commerce-ai-innovation-302810232.html

SOURCE Manhattan Associates Inc.

Continue Reading

Trending