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mobile healthcare market projected to reach 380 billion by 2028
The mobile healthcare market is projected to grow from $105.73 billion in 2023 to $137.12 billion in 2024, with a CAGR of 29.7%, driven by the rising prevalence of chronic diseases and advancements in telehealth. By 2028, the market is expected to reach $380.8 billion, reflecting ongoing innovations and integration of technology in healthcare. Key trends include telehealth adoption, wearable technology, and a focus on health equity.
digital healthcare transformation driven by telemedicine and artificial intelligence advancements
The global online doctor consultation market is projected to grow by USD 38.87 billion from 2024-2028, driven by rising infectious diseases and advancements in AI technology, with a CAGR of over 29.6%. Despite the growth, concerns regarding data security and privacy, including unauthorized access and breaches, pose significant challenges. The increasing use of smartphones and digital health platforms is enhancing accessibility, while regulatory standards like HIPAA are crucial for maintaining patient trust.