Revolutionizing Healthcare: The Rise of Digital Health in Europe
The Europe digital health market size is anticipated to reach USD 267.2 billion by 2030 and is projected to grow at a CAGR of 22.3% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increasing aging population, rise in prevalence of chronic disorders in Europe, and growing demand for remote patient monitoring are among the major factors driving the market growth in this region. For instance , as per the Eurostat statistics, on 1 January 2023, the estimated population of the European Union was 448.8 million people, with 21.3% of the population being aged 65 years and over. In addition, improved IT infrastructure, growing digitalization of healthcare, and rising medical expenses are also anticipated to accelerate the market growth over the forecast period. Moreover, the shortage of healthcare professionals and overburdened healthcare facilities are also expected to increase the adoption of digital health platforms. Growing i...