Digital Health For Musculoskeletal Care Market

Global Digital Health For Musculoskeletal Care Market Size, Share & Trends Analysis Report By Component (Software & Services, and Hardware), By End Use (Patients, Providers, Payers, and Other Buyers), By Regional Outlook and Forecast, 2024 - 2031

Report Id: KBV-24932 Publication Date: October-2024 Number of Pages: 181
2023
3.4 Billion
2031
11.8 Billion
CAGR
17%
Historical Data
2020 to 2022

“Global Digital Health For Musculoskeletal Care Market to reach a market value of 11.8 Billion by 2031 growing at a CAGR of 17%”

Analysis of Market Size & Trends

The Global Digital Health For Musculoskeletal Care Market size is expected to reach $11.8 billion by 2031, rising at a market growth of 17.0% CAGR during the forecast period.

The Europe segment garnered 33% revenue share in the digital health for musculoskeletal care market in 2023. Countries like Germany, the U.K., and France are responsible for adopting digital health solutions, particularly remote patient monitoring and virtual rehabilitation for MSK conditions. Europe’s focus on personalized medicine, combined with strong government support for digital health initiatives, has fueled the growth of this market.

Digital Health For Musculoskeletal Care Market Size - Global Opportunities and Trends Analysis Report 2020-2031

Musculoskeletal (MSK) disorders, which include conditions like arthritis, lower back pain, and osteoporosis, are among the leading causes of disability worldwide. According to the Global Burden of Disease (GBD) 2019 data, approximately 1.71 billion individuals worldwide are affected by musculoskeletal conditions, which include osteoarthritis, amputation, rheumatoid arthritis, fractures, low back pain, and neck pain. Although the prevalence of musculoskeletal conditions differs by age and diagnosis, individuals of all ages worldwide are affected. Hence, the rising incidence of musculoskeletal issues will aid in the market's growth.

Additionally, Telemedicine has significantly transformed musculoskeletal (MSK) care by offering remote consultations, personalized rehabilitation programs, and continuous monitoring. Patients can access care from the convenience of their homes through digital platforms, which reduces the necessity for frequent in-person visits. These platforms often integrate wearable devices and mobile apps to track patient progress, allowing healthcare providers to make real-time adjustments to care plans. Thus, the growth of telemedicine will aid in the market's growth.

Significant challenges arise when implementing digital health solutions for musculoskeletal (MSK) care, including data privacy and security concerns. These platforms rely heavily on personal health information (PHI), making them prime targets for cyberattacks, data breaches, and unauthorized access. The increasing use of digital platforms introduces vulnerabilities that can compromise sensitive patient information. MSK care often involves real-time data for treatment and monitoring, so any data breach could negatively affect patient outcomes. Hence, these factors may hamper the growth of the market.

The COVID-19 pandemic initially caused significant musculoskeletal (MSK) care disruptions, as many traditional in-person services like physical therapy and orthopedic consultations were postponed. Patients with chronic MSK conditions were particularly affected, as delays in care led to worsened symptoms. Additionally, the rapid shift to digital platforms was challenging for healthcare systems not fully equipped to implement telehealth solutions. For many patients, especially older adults, navigating digital health tools proved difficult, highlighting disparities in access to digital healthcare during the pandemic. Thus, the pandemic had an overall negative impact on the market.

Driving and Restraining Factors
Digital Health For Musculoskeletal Care Market
  • Increasing Prevalence Of Musculoskeletal Disorders
  • Advancements In Telemedicine And Virtual Care
  • Growing Popularity Of Personalized Medicine
  • Data Privacy And Security Concerns
  • Lack Of Reimbursement Policies
  • Growing Adoption Of Ai And Ml In Healthcare
  • Increased Focus On Preventative Care And Early Diagnosis
  • Cost Of Technology Implementation
  • Technological Barriers And Integration Issues

End Use Outlook

On the basis of end use, the digital health for musculoskeletal care market is classified into patients, providers, payers, and others. The providers segment recorded 23% revenue share in the digital health for musculoskeletal care market in 2023. Providers, including physicians, physical therapists, and orthopedic specialists, increasingly utilize digital platforms to deliver remote care, monitor patient progress, and improve treatment outcomes.

Digital Health For Musculoskeletal Care Market Share and Industry Analysis Report 2023

Component Outlook

Based on component, the digital health for musculoskeletal care market is bifurcated into hardware and software & services. The hardware segment garnered 39% revenue share in the digital health for musculoskeletal care market in 2023. The segment's growth is largely due to the increasing adoption of wearable devices, sensors, and other monitoring tools that track patient mobility, posture, and recovery progress. These devices are essential for enabling remote monitoring and virtual rehabilitation, which became especially critical during the COVID-19 pandemic.

Free Valuable Insights: Global Digital Health For Musculoskeletal Care Market size to reach USD 11.8 Billion by 2031

Regional Outlook

Region-wise, the digital health for musculoskeletal care market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The North America segment witnessed a 39% revenue share in the digital health for musculoskeletal care market in 2023.  This dominance is largely driven by advanced healthcare infrastructure, high adoption rates of digital health technologies, and increasing demand for remote monitoring and telehealth services.

Digital Health For Musculoskeletal Care Market Report Coverage
Report Attribute Details
Market size value in 2023 USD 3.4 Billion
Market size forecast in 2031 USD 11.8 Billion
Base Year 2023
Historical Period 2020 to 2022
Forecast Period 2024 to 2031
Revenue Growth Rate CAGR of 17.0% from 2024 to 2031
Number of Pages 181
Tables 260
Report coverage Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Porter’s 5 Forces Analysis, Company Profiling, Companies Strategic Developments, SWOT Analysis, Winning Imperatives
Segments covered Component, End Use, Region
Country scope
  • North America (US, Canada, Mexico, and Rest of North America)
  • Europe (Germany, UK, France, Russia, Spain, Italy, and Rest of Europe)
  • Asia Pacific (Japan, China, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific)
  • LAMEA (Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA)
Companies Included Hinge Health, Inc., Sword Health, Inc., Omada Health, Inc., Kaia Health Software, Inc., DarioHealth Corp., IncludeHealth Inc., SimpleTherapy, Inc., Exer Labs, Inc., Force Therapeutics LLC, and Vori Health, Inc.
Need a report that reflects how COVID-19 has impacted this market and its growth? Download Free Sample Now

Recent Strategies Deployed in the Market

  • Jul-2024: Hinge Health, Inc. teamed up with Sun Life, a Canadian financial services company to offer its members digital access to musculoskeletal care via the Health 360 app. This collaboration aims to address rising healthcare costs associated with MSK conditions, benefiting employers, particularly those with self-funded health plans.
  • Jun-2024: IncludeHealth announced the partnership with OrthoForum Value Network, a musculoskeletal value-based delivery system to enhance value-based musculoskeletal care. As OVN's preferred partner for digital technology and virtual physical therapy, IncludeHealth will use its innovative computer vision technology to extend physician-led MSK care to patients nationwide, advancing integrated care delivery.
  • May-2024: Kaia Health Software, Inc. unveiled an evidence-based Balance Program within its Digital Musculoskeletal Therapy, targeting adults aged 65+. Aimed at reducing falls, which affect one in four older adults, the program offers personalized exercises and educational content to improve balance, strength, and mobility.
  • Nov-2023: Sword Health, Inc. announced the partnership with Employer Direct Healthcare, a market-leading healthcare services business to offer a comprehensive musculoskeletal care solution, from conservative to surgical care. Sword is also launching a unique solution with EDH to support cancer patients in recovery, focusing on mobility, strength, and overall well-being.
  • Jun-2023: Kaia Health Software, Inc. unveiled Angela, a HIPAA-compliant, AI-powered digital care assistant. Designed to support patients with musculoskeletal conditions, Angela provides personalized, real-time guidance for at-home therapy, offering a more human-like experience and addressing the gap in care when physical therapists aren't available.

List of Key Companies Profiled

  • Hinge Health, Inc.
  • Sword Health, Inc.
  • Omada Health, Inc.
  • Kaia Health Software, Inc.
  • DarioHealth Corp.
  • IncludeHealth Inc.
  • SimpleTherapy, Inc.
  • Exer Labs, Inc.
  • Force Therapeutics LLC
  • Vori Health, Inc.

Digital Health For Musculoskeletal Care Market Report Segmentation

By Component

  • Software & Services
  • Hardware

By End Use

  • Patients
  • Providers
  • Payers
  • Other Buyers

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Frequently Asked Questions About This Report

This Market size is expected to reach $11.8 billion by 2031.

Increasing Prevalence Of Musculoskeletal Disorders are driving the Market in coming years, however, Data Privacy And Security Concerns restraints the growth of the Market.

Hinge Health, Inc., Sword Health, Inc., Omada Health, Inc., Kaia Health Software, Inc., DarioHealth Corp., IncludeHealth Inc., SimpleTherapy, Inc., Exer Labs, Inc., Force Therapeutics LLC, and Vori Health, Inc.

The expected CAGR of this Market is 17.0% from 2024 to 2031.

The Software & Services segment captured the maximum revenue in the Market by Component in 2023, thereby, achieving a market value of $7.0 billion by 2031.

The North America region dominated the Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $4.4 billion by 2031.

HAVE A QUESTION?

HAVE A QUESTION?

Call: +1(646) 600-5072

SPECIAL PRICING & DISCOUNTS


  • Buy Sections of This Report
  • Buy Country Level Reports
  • Request for Historical Data
  • Discounts Available for Start-Ups & Universities

Unique Offerings Unique Offerings


  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Support with 10% customization free after sale

Trusted by over
5000+ clients

Our team of dedicated experts can provide you with attractive expansion opportunities for your business.

Client Logo