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Digital Health in Neurology Market Trends

Report ID: GMI8523
Published Date: Mar 2024
Report Format: PDF

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Digital Health in Neurology Market Trends

The incorporation of digital technology into the realm of neurology care has ushered in a transformative era in healthcare. This paradigm shift is marked by the adoption of innovative digital tools and platforms that are revolutionizing the way neurological services are delivered and experienced. Through the seamless integration of digital solutions such as telemedicine (estimated to reach 244.21 billion by 2032), wearable devices, and artificial intelligence the field of neurology is witnessing a profound evolution towards more patient-centric and data-driven approaches to care.

Digital health solutions enable continuous monitoring of neurological parameters, facilitating early detection of changes in health status and timely intervention by healthcare providers to prevent disease progression or complications.
Including AI and data analytics enables the analysis of large datasets to identify patterns and trends in neurological conditions. This information can be used to develop personalized treatment plans tailored to individual patient needs, optimizing therapeutic outcomes, and improving patient satisfaction.
Further, digital health platforms optimize neurology care by centralizing data, enabling communication among healthcare providers, and automating tasks, enhancing efficiency, and improving patient outcomes.
Thus, such aforementioned factors are projected to boost the growth of the market.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Market size for digital health in neurology was worth USD 34.3 billion in revenue in 2023 and is estimated to surpass USD 160.6 billion by 2032 owing to the increasing prevalence of neurological disorders worldwide.

Digital health in neurology market from the software segment is poised to record USD 63.3 billion by 2032 as software solutions facilitate the efficient organization and management of extensive patient data, encompassing electronic health records, test results, and imaging studies.

North America industry size was 13.9 billion in 2023 and is set to exhibit robust growth through 2032 owing to the presence of a robust technological infrastructure and dynamic healthcare ecosystem across the region.

Some of the top companies involved in the market are AdvancedMD, Inc., Akili, Inc., AppliedVR, Inc., BigHealth, Blackrock, Neurotech, Cognivive, Inc., Neofect Co, Ltd., Omada Health Inc., Proteus Digital Health, Inc., and Teladoc Health, Inc.