Digital health is the application of technology, such as smartphones, wearables, and electronic health records, to improve healthcare delivery, patient involvement, and health outcomes. Digital health comprises digital care programs, which are the integration of digital technology with health, healthcare, life, and society in order to improve healthcare delivery efficiency and make medicine more personalised and precise. Digital health has become a buzzword as hospitals and nursing homes increasingly adopt digital health platforms such as telehealth software, mobile health, and other wireless technologies to give patients with real-time healthcare services.
South Africa Digital Health Market Driving Factors and Challenges
Driving Factors- The Growing Use of Smartphones, Tablets, and Mobile Devices in the Global Health Industry Smartphones, tablets, and PDAs have rapidly gained popularity, becoming the dominant source of internet connectivity in developed nations. This tendency is also growing in emerging markets, thanks to low-cost devices and expanding high-speed mobile networks. The widespread adoption of these mobile platforms has a huge impact on the digital health business, as it provides simple access to health apps, telemedicine, and wearable health technology. This technology allows for proactive healthcare through remote consultations and real-time health monitoring.
Challenges-
Limited Regulatory Framework Limits Growth: The market for digital health technologies is severely hampered by the regulatory framework. Regulations and standards for the use of digital health technology are still being defined by regulatory authorities because the market is still relatively new. Because of the uncertainty this creates, firms may find it difficult to negotiate the regulatory environment, thereby delaying product development and market launch. In addition, the lack of regulatory control may raise concerns about data security and privacy. As a result, the market for digital health technology is severely constricted due to a lack of proper regulation. Efforts are underway to solve this issue and promote regulatory supervision and standardisation.
Impact of COVID-19 on South Africa Digital Health Market
The South African digital health market has been significantly impacted by the COVID-19 outbreak. The use of telehealth services has increased due to the necessity of social distancing and infection risk reduction. Telehealth has become more and more important to governments, healthcare organisations, and patients as a way to maintain continuity of care while reducing the need for in-person visits. During the epidemic, telemedicine networks, teleconsultations, and remote monitoring have all been essential in delivering healthcare services. In the African continent, telemedicine solutions have become widely accepted and adopted as a result of the COVID-19 pandemic.
South Africa Digital Health Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as HeliumHealth, mPharma, Yodawy, WellaHealth, Healthtracka, TIBU Health, DrugStoc, DabaDoc, MediBuddy, BroadReach Group, HealthDart pty ltd, Hello Doctor.
South Africa Digital Health Market Segmentation:
By Technology: Based on the Technology, South Africa Digital Health Market is segmented as; Digital Health Systems, Tele-healthcare, mHealth, Healthcare Analytics.
By Application: Based on the Application, South Africa Digital Health Market is segmented as; Cardiology, Diabetes, Neurology, Sleep Apnea, Oncology, Others.
By Delivery Mode: Based on the Delivery Mode, South Africa Digital Health Market is segmented as; On-Premise, Cloud-Based.
By Components: Based on the Components, South Africa Digital Health Market is segmented as; Software, Services, Hardware.
By End-User: Based on the End-User, South Africa Digital Health Market is segmented as; Healthcare Providers, Healthcare Payers, Pharmaceutical Companies, Others.
By Region: This research also includes data for Eastern Cape, Free State, Gauteng, KwaZulu-Natal, Limpopo, Mpumalanga, Northern Cape, North West, Western Cape.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.