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AmerisourceBergen notes that the US market for DTx is predicted to grow at a compound annual growth rate of nearly 25% between 2022 to 2030, according to figures from Grand View Research which valued the category at $4.2 billion in 2021.
With the Indian Pharmaceutical sector trying to reach the USD 130 Billion target by 2030, there is a renewed spirit of research in the areas of cell and gene therapy, new molecular entities, biologics and biosimilars.
However, to increase the penetration of digital health, the following things can be done: Awareness campaigns for diseases and the patient care availability nearby Consolidation of data – health records, past medicalrecords, etc. million nurses/midwives in the total stock by 2030. million doctors and 0.65
The intention is to streamline the process for patients wishing to access their medicalrecords via electronic health record systems (“EHR systems”) and to facilitate the ability for researchers, innovators, and policy makers to use the data in a trusted and secure way that preserves privacy. Rights for individuals.
The industry, valued at $220 billion, is expected to reach $300 billion by 2030 and potentially $1 trillion by 2040. He pointed out that digitalisation will be essential for ensuring smooth medicine supply, improving medical care, and supporting advancements like telemedicine and online pharmacies.
By 2030, global spending on digital health is projected to represent 8% of all healthcare expenditure, up from 3% currently 2. Digital health is the revolution in healthcare,” says Doug Ward, the general manager of MEDIC at Mohawk College in Hamilton, Canada. The global market size is estimated to be more than $95.3bn 1.
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