NORTH AMERICA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET 2021-2028

Lifesciences | Healthcare IT

NORTH AMERICA 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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Triton’s report denotes that the North America digital transformation in healthcare market is likely to register growth at a CAGR of 26.67s% during the projected period 2021-2028.



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The countries studied in this market are:

        United States

        Canada

North America is the most developed region globally, witnessing a tremendous rise in the adoption of digital healthcare services. This growth is primarily owing to the rise in remote patient monitoring and telehealth services, the large population base, and other factors. Furthermore, the region is among the early adopters of the latest technologies in the healthcare sector, transforming into a technological hub for prominent companies. Besides, the adoption of digital platforms will offer new opportunities to adopt technology to automate tasks across various verticals within the healthcare sector. Above all, the rising adoption of machine learning and AI enables automation of various tasks, reducing expenses and errors, thereby motivating the studied market’s progress.

In the US, the rising elderly population is increasing and is likely to double by 2050, as per the National Institute on Aging. This growth is set to increase the demand for advanced healthcare services, enhancing the demand for digital health solutions. Furthermore, as per a report by the Association of American Medical Colleges, the country is likely to face a shortage of physicians in the next few years. This further augments the growth of the digital transformation in healthcare market across the country.

Additionally, the emergence of new technologies, such as IoT, telemedicine, virtual reality, artificial intelligence, and others, have supported the digital transformation in the healthcare sector. Hence, such developments contribute effectively to the development of the digital transformation in healthcare market within the US.

Apple Inc is engaged in designing, manufacturing, and marketing mobile communication and media devices, related software, services, and networking solutions. Its product portfolio includes Apple watch that contains various applications, such as ECG, that offers patients valuable information relating to their heart health. The company distributes its products worldwide and is headquartered in the United States.

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Table of Content

1. NORTH AMERICA 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 EHEALTH 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. NORTH AMERICA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET OUTLOOK - BY PRODUCT & SERVICES

3.1. PRODUCT

3.2. SERVICES

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

4.1. ON-PREMISE

4.2. CLOUD

5. NORTH AMERICA 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. NORTH AMERICA 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. NORTH AMERICA 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. NORTH AMERICA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET – REGIONAL OUTLOOK

8.1. UNITED STATES

8.2. CANADA

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: NORTH AMERICA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY COUNTRY, 2021-2028 (IN $ BILLION)   

TABLE 2: VENDOR SCORECARD        

TABLE 3: REGULATORY FRAMEWORK         

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

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

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

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

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

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

TABLE 10: NORTH AMERICA 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: NORTH AMERICA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY PRODUCT & SERVICES, 2020 & 2028 (IN %) 

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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