EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET 2021-2028

Lifesciences | Healthcare IT

EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET 2021-2028

Market by Product & Services, Delivery Model, End-user, Application, Technology, and Country | Forecast 2021-2028

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According to Triton’s report, the digital transformation in healthcare market in Europe is predicted to progress at a CAGR of 28.06% in terms of revenue during the estimated years of 2021-2028. 



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The countries researched in this market include:

        The United Kingdom

        Spain

        Germany

        Italy

        France

        Russia

        Rest of Europe

In recent years, the adoption rate of eHealth has grown significantly across the European nations, as per a study by the European Commission. Moreover, eHealth is widely adopted by general practitioners in Denmark, Spain, Finland, and Sweden, among other nations. Additionally, a vast majority of the people expect to access medical care easily and have necessary self-health care data. Other than this, as per estimates, the eHealth adoption rate is relatively higher in the nation compared to social insurance and transition countries. Hence, such factors generate lucrative opportunities for the digital transformation in healthcare market in Europe.

It is anticipated that the studied market will advance at a rapid pace across the United Kingdom over the next few years. The pandemic has led to the rise in the number of remote services offered to patients. Besides, several of these services function under the NHS’s digital care transformation division as a part of its long-term digital transformation strategy. Furthermore, the launch of HealthTech Connect by the National Institute of Health and Care Excellence enables innovators to submit the details of their technologies to the government to gain support. Therefore, such steps are anticipated to supplement the development of the digital transformation in healthcare market across the country.

Medtronic Plc is involved in offering medical technology solutions to various end-users, including hospitals, physicians, patients, and clinicians. Its business segment includes cardiac and vascular, minimally invasive therapies, diabetes, and restorative therapies. The company’s product line entails guardian sensor three that helps manage glucose levels with a smart continuous glucose monitoring system. Medtronic has operations across various countries, with headquarters in Dublin, Ireland.

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Table of Content

1. EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET - SUMMARY

2. INDUSTRY OUTLOOK

2.1. IMPACT OF COVID-19 ON DIGITAL TRANSFORMATION IN HEALTHCARE MARKET

2.2. KEY INSIGHTS

2.2.1. ARTIFICIAL INTELLIGENCE IS EXPECTED TO BE THE FASTEST-GROWING TECHNOLOGY

2.2.2. INCREMENT IN GROWTH FOR TELEMEDICINE

2.3. PORTER’S FIVE FORCES ANALYSIS

2.3.1. THREAT OF NEW ENTRANTS

2.3.2. THREAT OF SUBSTITUTES

2.3.3. BARGAINING POWER OF BUYERS

2.3.4. BARGAINING POWER OF SUPPLIERS

2.3.5. THREAT OF COMPETITIVE RIVALRY

2.4. MARKET ATTRACTIVENESS INDEX

2.5. VENDOR SCORECARD

2.6. REGULATORY FRAMEWORK

2.7. KEY IMPACT ANALYSIS

2.7.1. COST

2.7.2. DATA SHARING FEATURES

2.7.3. INTEROPERABILITY

2.8. KEY MARKET STRATEGIES

2.8.1. ACQUISITIONS

2.8.2. PRODUCT LAUNCHES

2.8.3. CONTRACTS & PARTNERSHIPS

2.8.4. BUSINESS EXPANSIONS & DIVESTITURES

2.9. MARKET DRIVERS

2.9.1. GROWING NEED FOR QUALIFIED HEALTHCARE PROFESSIONALS

2.9.2. RISE IN ADOPTION OF E-HEALTH WORLDWIDE

2.9.3. HIGH LEVEL OF PATIENT ENGAGEMENT

2.10. MARKET CHALLENGES

2.10.1. POLICY AND REGULATIONS FOR PUBLIC HEALTHCARE

2.10.2. SECURITY RISKS PERTAINING TO MEDICAL DATA

2.10.3. EXPENSIVE NEW TECHNOLOGIES

2.11. MARKET OPPORTUNITIES

2.11.1. GROWING USAGE OF ELECTRONIC HEALTH RECORDS (EHRS)

2.11.2. GOVERNMENT INITIATIVES AND BUDGET ALLOCATIONS FOR HEALTH SERVICES

3. EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET OUTLOOK - BY PRODUCT & SERVICES

3.1. PRODUCT

3.2. SERVICES

4. EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET OUTLOOK - BY DELIVERY MODEL

4.1. ON-PREMISE

4.2. CLOUD

5. EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET OUTLOOK - BY END-USER

5.1. HEALTHCARE

5.1.1. PAYER

5.1.2. PROVIDER

5.1.3. HOMECARE

5.2. LIFESCIENCES

5.3. OTHER END-USERS

6. EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET OUTLOOK - BY APPLICATION

6.1. CUSTOMER TRANSFORMATION

6.2. WORKFORCE TRANSFORMATION

6.3. OPERATIONAL TRANSFORMATION

6.4. PRODUCT TRANSFORMATION

7. EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET OUTLOOK - BY TECHNOLOGY

7.1. AI

7.2. BIG DATA ANALYTICS

7.3. BLOCKCHAIN

7.4. AR VR

7.5. IOMT

7.6. MHEALTH

7.7. TELEHEALTH

7.8. ROBOTICS

8. EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET – REGIONAL OUTLOOK

8.1. UNITED KINGDOM

8.2. GERMANY

8.3. FRANCE

8.4. SPAIN

8.5. ITALY

8.6. RUSSIA

8.7. REST OF EUROPE

9. COMPETITIVE LANDSCAPE

9.1. ACCENTURE PLC

9.2. ALPHABET INC (GOOGLE)

9.3. APPLE INC

9.4. COGNIZANT TECHNOLOGY SOLUTIONS

9.5. GE HEALTHCARE

9.6. HCL TECHNOLOGIES LTD

9.7. INFOSYS LIMITED

9.8. INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM)

9.9. MEDTRONIC PLC

9.10. MICROSOFT CORPORATION

9.11. PHILIPS HEALTHCARE

9.12. SCHNEIDER ELECTRIC SE

9.13. SIEMENS HEALTHINEERS

9.14. TATA CONSULTANCY SERVICES LTD

9.15. WIPRO LTD

10. RESEARCH METHODOLOGY & SCOPE

10.1. RESEARCH SCOPE & DELIVERABLES

10.2. SOURCES OF DATA

10.3. RESEARCH METHODOLOGY

List of Tables

TABLE 1: EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY COUNTRY, 2021-2028 (IN $ BILLION) 

TABLE 2: VENDOR SCORECARD        

TABLE 3: REGULATORY FRAMEWORK         

TABLE 4: EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY PRODUCT & SERVICES, 2021-2028 (IN $ BILLION)  

TABLE 5: EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY DELIVERY MODEL, 2021-2028 (IN $ BILLION)        

TABLE 6: EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY END-USER, 2021-2028 (IN $ BILLION) 

TABLE 7: EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY HEALTHCARE, 2021-2028 (IN $ BILLION)       

TABLE 8: EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY APPLICATION, 2021-2028 (IN $ BILLION)        

TABLE 9: EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY TECHNOLOGY, 2021-2028 (IN $ BILLION)      

TABLE 10: EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY COUNTRY, 2021-2028 (IN $ BILLION) 

List of Figures

FIGURE 1: MARKET ATTRACTIVENESS INDEX       

FIGURE 2: KEY IMPACT ANALYSIS     

FIGURE 3: EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY PRODUCT & SERVICES, 2020 & 2028 (IN %)  

FIGURE 4: EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY PRODUCT, 2021-2028 (IN $ BILLION) 

FIGURE 5: EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY SERVICES, 2021-2028 (IN $ BILLION) 

FIGURE 6: EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY DELIVERY MODEL, 2020 & 2028 (IN %)        

FIGURE 7: EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY ON-PREMISE, 2021-2028 (IN $ BILLION)    

FIGURE 8: EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY CLOUD, 2021-2028 (IN $ BILLION) 

FIGURE 9: EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY END-USER, 2020 & 2028 (IN %)

FIGURE 10: EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY HEALTHCARE, 2021-2028 (IN $ BILLION)       

FIGURE 11: EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY HEALTHCARE, 2020 & 2028 (IN %)       

FIGURE 12: EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY PAYER, 2021-2028 (IN $ BILLION) 

FIGURE 13: EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY PROVIDER, 2021-2028 (IN $ BILLION) 

FIGURE 14: EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY HOMECARE, 2021-2028 (IN $ BILLION)           

FIGURE 15: EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY LIFESCIENCES, 2021-2028 (IN $ BILLION)     

FIGURE 16: EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY OTHER END-USERS, 2021-2028 (IN $ BILLION)           

FIGURE 17: EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY APPLICATION, 2020 & 2028 (IN %)       

FIGURE 18: EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY CUSTOMER TRANSFORMATION, 2021-2028 (IN $ BILLION)         

FIGURE 19: EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY WORKFORCE TRANSFORMATION, 2021-2028 (IN $ BILLION)     

FIGURE 20: EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY OPERATIONAL TRANSFORMATION, 2021-2028 (IN $ BILLION)   

FIGURE 21: EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY PRODUCT TRANSFORMATION, 2021-2028 (IN $ BILLION)         

FIGURE 22: EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY TECHNOLOGY, 2020 & 2028 (IN %)      

FIGURE 23: EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY AI, 2021-2028 (IN $ BILLION)           

FIGURE 24: EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY BIG DATA ANALYTICS, 2021-2028 (IN $ BILLION)

FIGURE 25: EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY BLOCKCHAIN, 2021-2028 (IN $ BILLION)        

FIGURE 26: EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY AR VR, 2021-2028 (IN $ BILLION) 

FIGURE 27: EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY IOMT, 2021-2028 (IN $ BILLION) 

FIGURE 28: EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY MHEALTH, 2021-2028 (IN $ BILLION) 

FIGURE 29: EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY TELEHEALTH, 2021-2028 (IN $ BILLION)        

FIGURE 30: EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY ROBOTICS, 2021-2028 (IN $ BILLION) 

FIGURE 31: EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)  

FIGURE 32: UNITED KINGDOM DIGITAL TRANSFORMATION IN HEALTHCARE MARKET 2021-2028 (IN $ BILLION)           

FIGURE 33: GERMANY DIGITAL TRANSFORMATION IN HEALTHCARE MARKET 2021-2028 (IN $ BILLION)   

FIGURE 34: FRANCE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET 2021-2028 (IN $ BILLION)       

FIGURE 35: SPAIN DIGITAL TRANSFORMATION IN HEALTHCARE MARKET 2021-2028 (IN $ BILLION)       

FIGURE 36: ITALY DIGITAL TRANSFORMATION IN HEALTHCARE MARKET 2021-2028 (IN $ BILLION)       

FIGURE 37: RUSSIA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET 2021-2028 (IN $ BILLION)       

FIGURE 38: REST OF EUROPE DIGITAL TRANSFORMATION IN HEALTHCARE MARKET 2021-2028 (IN $ BILLION)           

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