Digital Treatment & Care - Belgium

Belgium

The Digital Treatment & Care market in Belgium is projected to reach a revenue of US$374.60m in 2024.
The market is expected to experience an annual growth rate (CAGR 2024-2028) of 7.89%, resulting in a projected market volume of US$507.50m by 2028.
The user penetration rate is estimated to be 50.36% in 2024 and is expected to increase to 69.63% by 2028.
The average revenue per user (ARPU) is expected to be US$63.42.
In comparison to other countries, in the United States is projected to generate the highest revenue in the Digital Treatment & Care market, with US$24,240.00m in 2024.
In Belgium, the digital treatment and care market is flourishing with the adoption of innovative technologies and the integration of digital health solutions in healthcare facilities.

Key regions: Japan, India, United States, Canada, Italy

Definition:

The Digital Treatment & Care market includes devices and apps that help users monitor and analyze lifestyle-related aspects and improve their overall health. It includes user and revenue trends for four categories: digital care management, connected Biosensors, and online pharmacies.

Structure:

The Digital Treatment & Care market is divided into four markets:

Connected Biosensors: Biosensors that collect information on a variety of health parameters and vital signs of an individual (blood pressure, temperature, blood glucose, weight) by reading or measuring this data and transmitting it via electrical signals.

Digital Care Management: Various apps that help users monitor/detect/analyze physical health conditions. Contraception and fertility apps provide users with guidelines on self-care, family planning, and birth control, raise their awareness, and offer monitoring functions. Medication checker apps provide users with useful dosage intake guidelines, drug interaction information, and personal medication records.

Online Pharmacies: Over-the-counter medicine that can be purchased without a medical prescription through online sales channels. The market comprises analgesics, cold and cough medication, digestives and intestinal remedies, skin treatment products, and vitamins and minerals.

Digital Therapeutics (DTx): Software-based therapeutic interventions that deliver evidence-based therapeutic content to patients to prevent, manage, or treat a medical condition. DTx can be used to treat a wide range of conditions, including chronic diseases, mental health disorders, and substance use disorders.

Additional Information:

The digital care management user base includes paying and non-paying customers. The revenue figures only include revenues generated from paid apps offering premium options and from in-app purchases; revenues from app downloads and advertising are not included. The data only reflects B2C revenues; B2B and C2C revenues are not covered.

Market

Region

Region comparison

Currency

Analyst Opinion

The Digital Treatment & Care market in Belgium is experiencing significant growth and development, driven by various factors shaping the healthcare landscape in the country.

Customer preferences: Belgian consumers are increasingly turning to digital solutions in the healthcare sector, seeking convenience, accessibility, and personalized options. The demand for digital treatment and care services is on the rise as individuals look for ways to manage their health more efficiently and proactively.

Trends in the market: In Belgium, there is a noticeable trend towards the adoption of digital therapeutics and tools such as smart thermometers, smart blood glucose meters, and medication checker apps. These technologies offer users the ability to monitor their health parameters in real-time, track medication adherence, and receive personalized recommendations for better health outcomes. Online pharmacies are also gaining popularity in Belgium, providing consumers with a convenient way to purchase medications and healthcare products from the comfort of their homes. This trend is particularly appealing to busy urban dwellers and individuals with limited mobility. Moreover, the use of contraception/fertility apps is on the rise among tech-savvy Belgian consumers who are looking for natural family planning methods or support in their fertility journey. These apps offer features such as cycle tracking, ovulation prediction, and personalized insights to help users make informed decisions about their reproductive health.

Local special circumstances: Belgium's well-established healthcare system and high level of digital literacy among its population create a favorable environment for the growth of the Digital Treatment & Care market. The country's strong focus on healthcare innovation and technology integration further supports the adoption of digital solutions in the sector. Additionally, Belgium's aging population and increasing prevalence of chronic diseases are driving the demand for remote monitoring devices and telehealth services. Digital tools such as smart blood pressure meters and social alarms play a crucial role in helping older adults and patients with chronic conditions manage their health effectively from home.

Underlying macroeconomic factors: The growing healthcare expenditure in Belgium, coupled with the government's initiatives to promote digital health solutions, is fueling the expansion of the Digital Treatment & Care market in the country. The increasing awareness about preventive healthcare and the benefits of early intervention are also encouraging consumers to embrace digital technologies for better health management.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on revenues and user data of relevant mobile applications and consumer electronics companies.

Modeling approach / Market size:

Market sizes are determined through a combined top-down and bottom-up approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports of key players, industry reports, third-party reports, and survey results from primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, population, internet penetration, smartphone penetration, consumer spending, and healthcare spending. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting digital products and services due to the non-linear growth of technology adoption.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.