Published on 25 Apr 2024 on Insider Monkey via Yahoo Finance
In this article, we will be taking a look at the 20 fastest growing health tech companies in the world. If you do not want to learn about the trends in digital health market, head straight to the 5 Fastest Growing Health tech Companies in the World.
Explosive Growth and Key Trends in the Digital Health Market
The digital health market has been striding and was valued at $180.2 billion in 2023 with an expectation to grow to $549.7 billion by 2028, growing at a CAGR of 25% between 2024-2028. The digital health industry consists of a wide range of technologies that include mHealth (mobile health) devices and apps, telehealth, digital therapeutics, and healthcare management systems. The key players in the digital health industry include DexCom, Biotricity, iHealth Labs, and AirStrip Technologies, among others.