Definition:
The Digital Treatment & Care market includes devices and apps that help users monitor and analyze lifestyle-related aspects and improve their overall health. It includes user and revenue trends for four categories: digital care management, connected Biosensors, and online pharmacies.Structure:
The Digital Treatment & Care market is divided into four markets:Additional Information:
The digital care management user base includes paying and non-paying customers. The revenue figures only include revenues generated from paid apps offering premium options and from in-app purchases; revenues from app downloads and advertising are not included. The data only reflects B2C revenues; B2B and C2C revenues are not covered.Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Jun 2024
Source: Statista Market Insights
Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.
Most recent update: Jul 2024
Most recent update: Jun 2024
Source: Statista Market Insights
The Digital Treatment & Care market in China is experiencing rapid growth and development, driven by various factors shaping consumer preferences and market trends.
Customer preferences: Chinese consumers are increasingly turning to digital solutions for their healthcare needs, seeking convenience, efficiency, and personalized experiences. The demand for digital treatment and care services such as contraception/fertility apps, medication checker apps, online pharmacies, smart health monitoring devices, and digital therapeutics is on the rise. Customers value the ability to access healthcare services remotely, receive real-time health insights, and manage their health conditions effectively through digital platforms.
Trends in the market: In China, there is a growing trend towards the adoption of digital health technologies and services. Contraception/fertility apps are gaining popularity among women who are looking for natural family planning methods or fertility tracking tools. Medication checker apps are being used to verify drug information, dosage, and potential interactions. Online pharmacies are becoming more prevalent, offering a wide range of healthcare products and medications for online purchase. Smart health monitoring devices such as thermometers, blood glucose meters, and blood pressure meters are being embraced by tech-savvy consumers for continuous health tracking. Additionally, digital therapeutics are being integrated into treatment plans for various chronic conditions, providing evidence-based interventions and support for patients.
Local special circumstances: China's large population, rapid urbanization, increasing healthcare expenditures, and advancements in technology are driving the growth of the Digital Treatment & Care market. The Chinese government is also actively promoting the development of digital healthcare solutions to address healthcare challenges, improve access to medical services, and enhance healthcare efficiency. Moreover, the tech-savvy nature of Chinese consumers and their willingness to adopt innovative healthcare technologies are contributing to the expansion of the digital treatment and care market in the country.
Underlying macroeconomic factors: The digital transformation of the healthcare sector in China is supported by favorable macroeconomic factors such as the increasing internet penetration, smartphone usage, and tech infrastructure. The rise of digital health startups, investments in healthcare technology, and collaborations between tech companies and healthcare providers are further fueling the growth of the Digital Treatment & Care market in China. Additionally, changing regulatory policies, shifting consumer behaviors, and the emphasis on preventive healthcare are shaping the landscape of digital treatment and care services in the country.
Most recent update: Jun 2024
Source: Statista Market Insights
Most recent update: Jun 2024
Source: Statista Market Insights
Data coverage:
The data encompasses B2C enterprises. Figures are based on revenues and user data of relevant mobile applications and consumer electronics companies.Modeling approach / Market size:
Market sizes are determined through a combined top-down and bottom-up approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports of key players, industry reports, third-party reports, and survey results from primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, population, internet penetration, smartphone penetration, consumer spending, and healthcare spending. This data helps us estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting digital products and services due to the non-linear growth of technology adoption.Additional notes:
The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights