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Digital Diagnostics Market Size, Segmentation, Opportunities, Trends, Growth and Industry Forecast To 2022

Overview:

Digital diagnostic is also known as digital immune system, because it helps to improve medical care system by contributing in the precision and accuracy of the diagnostics output. Market experts suggest that through digital diagnostics, automated health assessments can be carried out virtually and electronically. The geographical barriers can be reduced with this technology by making it possible to diagnose patients located away from the clinic. Currently, several companies have developed their respective mobile applications and software programs to make remote diagnostics possible. In the near future, it is anticipated that more advanced high-end programs will be created by the companies to diagnose patients without their physical presence in the diagnostic facility. The current available products in digital diagnosis market comprises Oxitone (Oxitone Medical Ltd.), Cerora Borealis (Cerora), Oto (CellScope), Midmark IQvitals, IQecg, IQholter, IQspiro and IQstress (MidMark Corp.), Intelligent Breast Exam (iBE) (UE LifeSciences, Inc.), Fever Smart (Fever Smart) and others.  

The key drivers assisting the overall market growth of digital diagnostics are increasing awareness related to lifestyle diseases diagnostics, bed ridden patients are expected to prefer digital diagnostic over laboratory visit, and this technology is anticipated to increase the accessibility for patients as well as medical practitioners. North America is the leading regional market for digital diagnostics and is trailed by Europe due to the existence of a large number of population suffering with diseases, and high patient awareness related to disease diagnosis in these regions. Some countries from Asia–Pacific and Latin America are expected to enter the market late because of lack of digital infrastructure, and accessibility to advanced technology. However, rising healthcare expenditure, developing healthcare infrastructure and increasing awareness related to the disease diagnosis.

The global digital diagnostics market is segmented on the following bases:

1.    Type of Products

a.    Oxitone

b.    Cerora Borealis

c.    Oto

d.    Midmark IQvitals, IQecg, IQholter, IQspiro and IQstress

e.    Lifepatch

f.     Intelligent Breast Exam (iBE)

g.    Biomeme device

h.    iBrain

i.      Fever Smart

j.     HealthPatch MD

k.    VitalPatch

l.      BioStampRC

m.  Qardioarm, Qardiobase, and Qardiocore

n.    HxM BT, HxM Smart, and BioHarness 3

o.    Others

2.    Geography

a.    North America

             i.    US

             ii.    Canada

b.    Europe

             i.    UK

             ii.    Germany

             iii.    Spain

             iv.    France

             v.    Italy

             vi.    Rest of Europe

c.    Asia-Pacific

d.    Latin America

e.    Middle East and Africa

Key Players Identified for Digital Diagnostics Market Include but are Not Limited to:

Neurovigil,Inc., Oxitone Medical Ltd., Cerora, CellScope, MidMark Corp., MC10, Inc., Qardio, Inc., Vital Connect, Fever Smart, UE LifeSciences, Inc., Biomeme, Medtronic, Inc. and others.

This report offers:

  • An overview of the global markets for digital diagnostics
  • Market trends assessment for the period 2014-2022, with historical information for 2014 & 2015, and projections through 2022, with respective CAGRS during 2016-2022
  • Qualitative assessment tools such as market drivers, challenges and opportunities
  • Market competition scrutiny tools such as market share analysis, fractal map assessment, Porter’s Five Forces model
  • Focus on each level of market segmentation based on product approvals, launch, and current and anticipated market dynamics
  • A general overview of the industry structure
  • Company profiles highlighting key information about the major players operating in the digital diagnostics market
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