Digital Health - Slovenia | Statista Market Forecast

In Slovenia, the Digital Health market is forecasted to achieve a revenue of US$67.77m by 2024.
It is anticipated to exhibit a compound annual growth rate (CAGR 2024-2029) of 7.43%, leading to a projected market size of US$96.98m by 2029.
The average revenue per user (ARPU) is expected to reach US$71.77.
When compared globally, United States is expected to generate the highest revenue in the Digital Health market, amounting to US$47.12bn in 2024.
The Digital Fitness & Well-Being market will hold the largest market share, with a total revenue value of US$39.37m in 2024.
Slovenia's digital health market is experiencing a surge in telemedicine services, allowing patients to access healthcare remotely.

Definition:

The Digital Health market refers to the use of technology to improve health and healthcare delivery. It includes the Digital Fitness & Well-Being, Online Doctor Consultations, and Digital Treatment & Care markets.

Structure:

The Digital Health market is divided into three markets:

Digital Fitness & Well-Being: This market includes fitness trackers, health and wellness coaching, and tools that help individuals monitor and improve their health and well-being.
Online Doctor Consultations: This market includes telemedicine and other digital tools that allow patients to consult with doctors remotely.
Digital Treatment & Care: This market includes digital tools that are used to diagnose, treat, and manage medical conditions. It includes the Connected Biosensors and Digital Care Management markets.

Additional Information:

The growth of the Digital Health market is driven by factors such as increasing smartphone penetration, improved internet connectivity, and the growing need to curb healthcare costs. The market is also supported by government initiatives to spread digitalization across the healthcare sector. Key players in the market are introducing advanced applications to enhance the user experience and integrate with other digital platforms. The COVID-19 pandemic has accelerated the adoption of digital health solutions, particularly in the Online Doctor Consultations market.

Digital fitness and well-being
Fitness trackers
Connected Biosensors
Digital care management
Online pharmacies
Online doctor consultations
Health and wellness coaching
Digital treatment and care

Smart clothing
Smart shoes
Smart eyewear

The Digital Health market in Slovenia is experiencing significant growth and development, driven by various factors shaping the healthcare industry in the country.

Customer preferences: In Slovenia, customers are increasingly turning to digital health solutions due to the convenience and accessibility they offer. The tech-savvy population in the country values the ability to monitor their fitness and well-being through digital platforms, as well as access online doctor consultations for non-emergency medical issues. Moreover, the digital treatment and care services are gaining popularity among patients seeking more efficient and personalized healthcare options.

Trends in the market: One of the notable trends in the Slovenian Digital Health market is the rise of digital fitness and well-being applications. With the increasing focus on leading a healthy lifestyle, individuals are turning to these apps to track their physical activity, nutrition, and overall health metrics. Additionally, the demand for online doctor consultations is on the rise, especially in rural areas where access to healthcare facilities may be limited. Patients appreciate the convenience of consulting with healthcare professionals remotely, saving time and effort.

Local special circumstances: Slovenia's healthcare system is characterized by a strong emphasis on technology and innovation, making it conducive to the growth of the Digital Health market. The country has a well-developed IT infrastructure and a high level of digital literacy among its population, creating a favorable environment for the adoption of digital health solutions. Furthermore, the government has been supportive of initiatives that promote the use of technology in healthcare, further driving the expansion of the market.

Underlying macroeconomic factors: The increasing healthcare expenditure in Slovenia, coupled with the growing awareness of the importance of preventive healthcare, is fueling the demand for digital health solutions in the country. As the population ages and chronic diseases become more prevalent, there is a greater need for remote monitoring and management of health conditions, which digital health technologies can provide. Moreover, the COVID-19 pandemic has accelerated the adoption of telemedicine and other digital health services, pushing the market to evolve rapidly to meet the changing needs of the population.

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.

This report presents a comprehensive analysis and additional information on the Digital market, in a PDF format.

Over 1.3 billion people will use digital health in 2024. This includes using fitness trackers and smartwatches, online doctor consultations, or any other digital treatment and care use. The utilization of digital health, particularly telemedicine, increased significantly during the COVID-19 pandemic as alternatives to physical appointments were required. Wearables such as smartwatches have been popular for some years, and still undergo steady growth. The digital health market was worth around 172 billion U.S. dollars in 2024, with a forecast for future growth.