Digital Health Market Growth Forecast: Reaching $884.4 Billion by 2031

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Global Information has launched the sale of a report from Mordor Intelligence, serving as its Japanese agent. The report forecasts that the digital health market will grow at a CAGR of 16.85% between 2026 and 2031, reaching approximately $884.4 billion by 2031. This growth reflects the global shift toward continuous, data-driven care supported by AI and IoT sensors. Regulatory advancements include the US FDA expanding its 'Breakthrough Device' designation, paving the way for evidence-based digital therapeutics. Regionally, North America maintains a central role due to established EHR infrastructure and innovation pipelines. The Asia Pacific region is expected to grow at the fastest CAGR, driven by national universal healthcare strategies incorporating telemedicine and mobile phone penetration. Furthermore, industry efforts are focused on overcoming technical barriers through the adoption of standards like FHIR and implementing end-to-end encryption, supporting market expansion despite fragmentation among stakeholders.