The Digital Health For Musculoskeletal Care Market is Predict to reach USD 11.8 Billion by 2031, at a CAGR of 17%

08-Oct-2024 | Report Format: Electronic (PDF)

Digital Health For Musculoskeletal Care Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, 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.

Many healthcare providers struggle to seamlessly incorporate digital MSK solutions into their workflows, leading to inefficiencies and data silos. Without proper integration, healthcare providers may have to manually input data from digital platforms into EHRs, increasing administrative work and reducing the overall effectiveness of digital solutions. Another challenge is the cost of implementing digital health technologies.

Digital Health For Musculoskeletal Care Market Size - By Region

The Software & Services segment captured the maximum revenue in the Global Digital Health For Musculoskeletal Care Market by Component in 2023, thereby, achieving a market value of $7.0 billion by 2031. With the rise in telemedicine during the pandemic, many patients and healthcare providers turned to digital platforms for consultations and remote physiotherapy. AI-based diagnostic tools, patient management software, and virtual physical therapy apps have become increasingly popular, driving growth in this segment.

The Patients segment is growing at a CAGR of 16.3 % during the forecast period. With the growing prevalence of MSK disorders such as arthritis, back pain, and osteoporosis, patients are increasingly seeking convenient and effective solutions to monitor and manage their health from home. The adoption of mobile health apps, wearable devices, and telehealth platforms has significantly expanded within the patient population, as these tools provide enhanced access to healthcare services, real-time feedback on rehabilitation progress, and personalized treatment plans.

Full Report: https://www.kbvresearch.com/digital-health-for-musculoskeletal-care-market/

The North America region dominated the Global Digital Health For Musculoskeletal Care 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. The Europe region is anticipated to grow at a CAGR of 16.6% during (2024 - 2031). Additionally, The Asia Pacific region would witness a CAGR of 17.7% during (2024 - 2031).

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

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