The indicator 'Revenue by market' in the digital health market in Brazil was forecast to continuously increase between 2023 and 2028 by in total 1.7 billion U.S. dollars (+55.74 percent). After the tenth consecutive increasing year, the indicator is estimated to reach 4.74 billion U.S. dollars and therefore a new peak in 2028. Notably, the indicator 'Revenue by market' of the digital health market was continuously increasing over the past years.
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Data provided by Statista Market Insights are estimates.
Definition:
The Digital Health market refers to the use of technology to improve health and healthcare delivery. It includes digital fitness and well-being, online doctor consultation, and digital treatment and care segments.
Structure:
The Digital Health ecosystem is composed of three pillars:
Digital Fitness & Well-Being: This market includes fitness trackers, health & wellness coaching, tools that help individuals monitor and improve their health and well-being.
Online Doctor Consultation: This market includes telemedicine and other digital tools that allow patients to consult with doctors remotely.
Digital Treatment and Care: This market includes digital tools that are used to diagnose, treat, and manage medical conditions. It includes connected biometric sensors, and digital care management market.
Additional Information:
The Digital Health market is driven by factors such as the increasing penetration of smartphones, improved internet connectivity, and the rising need to curb healthcare costs. The market is also supported by government initiatives to spread digitalization across the healthcare sector. Key players in the market are introducing advanced applications to improve user experience and integrate with other digital platforms. The COVID-19 pandemic has accelerated the adoption of digital health solutions, particularly in the online doctor consultation market.
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Statista. (October 4, 2023). Revenue of the digital health industry in Brazil 2018-2028 (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 23, 2024, from https://www.statista.com/forecasts/1342715/brazil-digital-health-revenue
Statista. "Revenue of the digital health industry in Brazil 2018-2028 (in billion U.S. dollars)." Chart. October 4, 2023. Statista. Accessed May 23, 2024. https://www.statista.com/forecasts/1342715/brazil-digital-health-revenue
Statista. (2023). Revenue of the digital health industry in Brazil 2018-2028 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 23, 2024. https://www.statista.com/forecasts/1342715/brazil-digital-health-revenue
Statista. "Revenue of The Digital Health Industry in Brazil 2018-2028 (in Billion U.S. Dollars)." Statista, Statista Inc., 4 Oct 2023, https://www.statista.com/forecasts/1342715/brazil-digital-health-revenue
Statista, Revenue of the digital health industry in Brazil 2018-2028 (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1342715/brazil-digital-health-revenue (last visited May 23, 2024)
Revenue of the digital health industry in Brazil 2018-2028 (in billion U.S. dollars) [Graph], Statista, October 4, 2023. [Online]. Available: https://www.statista.com/forecasts/1342715/brazil-digital-health-revenue