Singapore Digital Health Market Size, Industry & Landscape Outlook, Revenue Growth Analysis to 2030


Singapore Digital health is defined as the interaction between healthcare system and technology. It applies a digital health transformation in the healthcare field by incorporating software, hardware, and services. It provides various opportunities to accelerate the process to attain health and well-being related to sustainable development goal. Singapore Healthcare information technology aims to prevent disease, provide early diagnosis of life threatening disease, help in the management of chronic disease, and enhance the quality of life by remote monitoring of patients. It offers real opportunities to improve medical outcomes and enhance efficiency.


Download Sample Report:


The factors that drive the growth of the Singapore digital health market include rise in prevalence of chronic disease such as hypertension, cancer, cardiovascular disease, and diabetes; increase in number of geriatric population; advancement in technology in healthcare sectors, and surge in demand for health. For instance, according to American Heart Association, more than 100 million Americans had hypertension in 2018.


Hypertension patients require monitoring of their blood pressure at regular intervals to alleviate the chances of stroke and heart attack. Market players are focusing on the development of novel approaches for use of digital health technology. Moreover, in 2020, Sensyne Health, the clinical AI technology company, launched GDm-Health, in the U.S. to provide remote monitoring solution for diabetic patients in pregnancy.


Furthermore, in 2020, HealthHero, a digital health company, launched the telehealth platform in the UK, which allows the patient to communicate with mental health clinicians, specialists, and general practitioners to provide services from their respective location.


Increase in prevalence of cardiovascular disease, rise in demand for software in the Singapore healthcare sector, and surge in number internet users are anticipated to drive the growth of the digital health market. In addition, increasing demand for remote monitoring services has led to the development of innovative technologies in the healthcare sector, thereby propelling the growth of the market.


Get Detail Report


Post a Comment