Market
Last updated
Last updated
The global healthtech market size was valued at USD 233.5 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 15% through 2032, mainly because global health systems collapsed, with enormous economic and social losses due to the increased prevalence of cardiometabolic, oncological, mental health, body aches, infectious and degenerative diseases, triggering the growing demand for new products, services and experiences in digital health (Telehealth, Medical Devices, mHealth, 3D Printing, Robotics, Genetics, Nanomedicine, Decentralized Clinical Trials, Machine Learning, Extended Reality, Blockchain, Metaverse, Digital and Virtual Therapies), driven by the penetration of smartphones, internet access, cloud services, connectivity, legislative regulations, scientific and technological advances at a global level, changing the current paradigm towards comprehensive health care, personalized, preventive, participatory, proactive and predictive, putting people at the center.
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