Europe Digital Health Industry

The Europe digital health market size was anticipated at USD 66.2 billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 22.3% from 2024 to 2030. This projected growth is primarily influenced by several factors, including the increasing prevalence of chronic diseases across the continent, a growing shortage of healthcare professionals, and the rapidly aging population in Europe. In addition to these drivers, the progress in digital technologies, enhancement in internet connectivity, and the rising consumer demand for virtual healthcare solutions are also contributing positively to the market’s expansion.

The rising need for remote patient monitoring services and the increasing use of smartphones are expected to further accelerate the adoption of digital health platforms in Europe. For example, according to The Mobile Economy Europe report, there were 496 million unique mobile subscribers in Europe in 2022, and this number is forecasted to rise to 507 million by the year 2030. This reflects a mobile penetration rate of 92% throughout the European region. Moreover, it is projected that by 2030, as much as 87% of all mobile connections in Europe will be supported by 5G networks. The growing reach of mobile connectivity is closely aligned with the surge in internet usage and the widespread uptake of smartphones among the European population. This widespread integration of advanced mobile technologies has led to an increasing reliance on mobile applications dedicated to health, fitness, and medical services. Consequently, the expanding digital ecosystem within Europe is playing a vital role in supporting the robust growth of the digital health market.

Additionally, the number of individuals affected by chronic illnesses such as cancer, diabetes, Alzheimer’s disease, and cardiovascular conditions is rising at a significant rate. This has resulted in an increasing demand for continuous and long-term patient monitoring services, which in turn is driving the growth of the digital health industry in the region. For instance, based on the European Commission’s projections published through the European Cancer Information System (ECIS), the number of newly diagnosed cancer cases rose by 2.3% from 2020 levels, reaching 2.74 million new cases in 2022. Similarly, deaths related to cancer have also seen an increase of 2.4% compared to 2020. Furthermore, the ongoing shortage of trained medical professionals and the growing adoption of remote monitoring technologies are intensifying the need for telehealth services, further strengthening the overall market growth across Europe.

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1. What was the value of the Europe digital health market in 2023?

The Europe digital health market was valued at USD 66.2 billion in 2023. This value highlights the region’s strong adoption of digital healthcare solutions, driven by factors such as an aging population, rising chronic illnesses, and healthcare digitalization.

2. What is the expected growth rate of the digital health market in Europe?

The market is projected to grow at a compound annual growth rate (CAGR) of 22.3% from 2024 to 2030. This robust growth rate reflects Europe’s increasing investment in digital healthcare infrastructure and technologies.

3. What are the primary drivers of growth in the Europe digital health market?

Key growth drivers include:

• The increasing burden of chronic diseases such as diabetes, cancer, and cardiovascular conditions.
• A shortage of healthcare professionals, which necessitates remote and automated solutions.
• A growing elderly population, leading to increased demand for long-term monitoring and care.
• Advances in digital technologies and expanded internet and mobile connectivity.
• A rising trend in virtual consultations and telehealth services.

4. How is mobile connectivity influencing the digital health market in Europe?

Mobile connectivity is playing a crucial role in the growth of digital health services. Europe has a high mobile penetration rate, and this is projected to increase further. With a large percentage of mobile users expected to transition to 5G networks by 2030, digital health platforms will become more accessible and efficient, supporting the increased use of health-related mobile applications and remote patient monitoring.

5. What role do smartphones and apps play in digital healthcare adoption?

Smartphones and mobile health apps have become integral to health management for many Europeans. With rising smartphone usage, consumers are increasingly using apps for fitness tracking, medication reminders, virtual consultations, and chronic disease management. This shift towards digital self-care and on-demand healthcare is driving the expansion of the market.

6. Which chronic diseases are contributing most to market demand?

Diseases such as cancer, diabetes, Alzheimer's, and cardiovascular conditions are particularly influential. The increasing prevalence of these conditions has led to higher demand for long-term and remote monitoring, prompting healthcare systems to adopt digital tools for more efficient patient management.

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