Europe Digital Health and Wellness Market 2023-2033 by Product (Hardware, Solutions), Category (Health, Wellness), Connectivity (Cellular, NFC, Bluetooth, Wi-Fi), End User (Hospitals & Clinics, ASCs, Homecare & Individuals), Age Group (Pediatric, Adults, Geriatric), Distribution Channel (Online, Specialty Stores, Department Stores, Hypermarket), and Country: Trend Forecast and Growth Opportunity
Europe digital health and wellness market was valued at $100.9 billion in 2023 and will grow by 18.9% annually over 2023-2033. The growth is driven by an increasing number of chronic diseases, the growing investment in health and wellness programs, the increased use of smartphones and wearable devices, and technological advancements such as robotics and artificial intelligence (AI).
Highlighted with 39 tables and 65 figures, this 151-page report “Europe Digital Health and Wellness Market 2023-2033 by Product (Hardware, Solutions), Category (Health, Wellness), Connectivity (Cellular, NFC, Bluetooth, Wi-Fi), End User (Hospitals & Clinics, ASCs, Homecare & Individuals), Age Group (Pediatric, Adults, Geriatric), Distribution Channel (Online, Specialty Stores, Department Stores, Hypermarket), and Country: Trend Forecast and Growth Opportunity” is based on comprehensive research of the entire Europe digital health and wellness market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2021-2023 and provides forecast from 2024 till 2033 with 2023 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of Europe market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Europe digital health and wellness market in every aspect of the classification from perspectives of Product, Category, Connectivity, End User, Age Group, Distribution Channel, and Country.
Based on Product, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2033 included in each section.
• Hardware
o Smartwatches
o Smart Earwear/Hearables
o Smart Jewelry
o Smart Patches
o Head-mounted Displays
o Health & Fitness Trackers
o Smart Clothing
o Smart Implantables
o Other Wearables
• Solutions
o eHelath
o mHelath
Based on Category, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2033 included in each section.
• Digital Health
• Digital Wellness
By Connectivity, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2033 included in each section.
• Cellular Network
• Near Field Communication (NFC)
• Bluetooth Technology
• Wi-Fi Network
• Other Connectivity Types
By End User, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2033 included in each section.
• Hospitals & Clinics
• Ambulatory Surgical Centers (ASCs)
• Homecare & Individuals
• Other End Users
By Age Group, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2033 included in each section.
• Pediatric
• Adults
• Geriatric
By Distribution Channel, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2033 included in each section.
• Online Stores
• Specialty Stores
• Department Stores
• Hypermarket
• Other Distribution Channels
Geographically, the following national/local markets are fully investigated:
• Germany
• UK
• France
• Spain
• Italy
• Netherlands
• Rest of Europe (further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2023-2033. The breakdown of national markets by Product, End User, and Age Group over the forecast years are also included.
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
Agamatrix, Inc.
AirStrip Technologies Inc.
Altopax
Amelia Virtual Care
Apple, Inc.
At&T, Inc.
Athenahealth, Inc.
BigHealth
Calm
Cerner Corporation
Cisco Systems, Inc.
CogniFit
CuraLinc Healthcare
Epitel
Fitbit, Inc.
FranklinCovey
Ginger
Global Kinetics
Headspace
HealthUnlocked
Healthy Hero
Ihealth Labs, Inc.
Koa Health
Koninklijke Philips N.V.
Medtronic plc
Misu
MyndYou
OxfordVR
Psycurio
Qualcomm Technologies, Inc.
Rani Therapeutics
Samsung
Talkspace
Teladoc Health, Inc.
Twill
Vivify Health
(Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
1 Introduction 8
1.1 Industry Definition and Research Scope 8
1.1.1 Industry Definition 8
1.1.2 Research Scope 9
1.2 Research Methodology 12
1.2.1 Overview of Market Research Methodology 12
1.2.2 Market Assumption 13
1.2.3 Secondary Data 13
1.2.4 Primary Data 13
1.2.5 Data Filtration and Model Design 14
1.2.6 Market Size/Share Estimation 15
1.2.7 Research Limitations 16
1.3 Executive Summary 17
2 Market Overview and Dynamics 20
2.1 Market Size and Forecast 20
2.1.1 Impact of COVID-19 on World Economy 21
2.1.2 Impact of COVID-19 on the Market 25
2.1.3 Impact of Russia-Ukraine Conflict 27
2.1.4 Impact of Israel-Palestine War 29
2.2 Major Growth Drivers 31
2.3 Market Restraints and Challenges 36
2.4 Emerging Opportunities and Market Trends 39
2.5 Porter’s Fiver Forces Analysis 43
3 Segmentation of Europe Market by Product 47
3.1 Market Overview by Product 47
3.2 Hardware 49
3.2.1 Smartwatches 52
3.2.2 Smart Earwear/Hearables 53
3.2.3 Smart Jewelry 54
3.2.4 Smart Patches 55
3.2.5 Head-mounted Displays 56
3.2.6 Health & Fitness Trackers 57
3.2.7 Smart Clothing 58
3.2.8 Smart Implantables 59
3.2.9 Other Wearables 60
3.3 Solutions 61
3.3.1 eHelath 62
3.3.2 mHelath 63
4 Segmentation of Europe Market by Category 64
4.1 Market Overview by Category 64
4.2 Digital Health 66
4.3 Digital Wellness 67
5 Segmentation of Europe Market by Connectivity 68
5.1 Market Overview by Connectivity 68
5.2 Cellular Network 70
5.3 Near Field Communication (NFC) 71
5.4 Bluetooth Technology 72
5.5 Wi-Fi Network 73
5.6 Other Connectivity Types 74
6 Segmentation of Europe Market by End User 75
6.1 Market Overview by End User 75
6.2 Hospitals & Clinics 77
6.3 Ambulatory Surgical Centers (ASCs) 78
6.4 Homecare & Individuals 79
6.5 Other End Users 80
7 Segmentation of Europe Market by Age Group 81
7.1 Market Overview by Age Group 81
7.2 Pediatric 83
7.3 Adults 84
7.4 Geriatric 85
8 Segmentation of Europe Market by Distribution Channel 86
8.1 Market Overview by Distribution Channel 86
8.2 Online Stores 88
8.3 Specialty Stores 89
8.4 Department Stores 90
8.5 Hypermarket 91
8.6 Other Distribution Channels 92
9 European Market 2023-2033 by Country 93
9.1 Overview of European Market 93
9.2 Germany 96
9.3 U.K. 98
9.4 France 100
9.5 Spain 102
9.6 Italy 104
9.7 Netherlands 106
9.8 Rest of European Market 108
10 Competitive Landscape 110
10.1 Overview of Key Vendors 110
10.2 New Product Launch, Partnership, Investment, and M&A 113
10.3 Company Profiles 114
Agamatrix, Inc. 114
AirStrip Technologies Inc. 116
Altopax 117
Amelia Virtual Care 118
Apple, Inc. 119
At&T, Inc. 120
Athenahealth, Inc. 121
BigHealth 122
Calm 123
Cerner Corporation 124
Cisco Systems, Inc. 125
CogniFit 126
CuraLinc Healthcare 127
Epitel 128
Fitbit, Inc. 129
FranklinCovey 130
Ginger 131
Global Kinetics 132
Headspace 133
HealthUnlocked 134
Healthy Hero 135
Ihealth Labs, Inc. 136
Koa Health 137
Koninklijke Philips N.V. 138
Medtronic plc 139
Misu 140
MyndYou 141
OxfordVR 142
Psycurio 143
Qualcomm Technologies, Inc. 144
Rani Therapeutics 145
Samsung 146
Talkspace 147
Teladoc Health, Inc. 148
Twill 149
Vivify Health 150
RELATED REPORTS 151
List of Tables:
Table 1. Snapshot of Europe Digital Health and Wellness Market in Balanced Perspective, 2023-2033 18
Table 2. World Economic Outlook, 2024-2036 22
Table 3. World Economic Outlook, 2022-2024 24
Table 4. Scenarios for Economic Impact of Ukraine Crisis 28
Table 5. Scenarios for Economic Impact of Israel-Palestine War 29
Table 6. World Health Spending by Region, $ bn, 2013-2020 35
Table 7. Main Product Trends and Market Opportunities in Europe Digital Health and Wellness Market 39
Table 8. Europe Digital Health and Wellness Market by Product, 2023-2033, $ mn 47
Table 9. Categories and Types of Wearables 50
Table 10. Europe Digital Health and Wellness Market: Hardware by Wearable, 2023-2033, $ mn 51
Table 11. Europe Digital Health and Wellness Market: Solutions by Type, 2023-2033, $ mn 61
Table 12. Europe Digital Health and Wellness Market by Category, 2023-2033, $ mn 64
Table 13. Europe Digital Health and Wellness Market by Connectivity, 2023-2033, $ mn 68
Table 14. Europe Digital Health and Wellness Market by End User, 2023-2033, $ mn 75
Table 15. Europe Digital Health and Wellness Market by Age Group, 2023-2033, $ mn 81
Table 16. Europe Digital Health and Wellness Market by Distribution Channel, 2023-2033, $ mn 86
Table 17. Europe Digital Health and Wellness Market by Country, 2023-2033, $ mn 95
Table 18. Germany Digital Health and Wellness Market by Product, 2023-2033, $ mn 97
Table 19. Germany Digital Health and Wellness Market by End User, 2023-2033, $ mn 97
Table 20. Germany Digital Health and Wellness Market by Age Group, 2023-2033, $ mn 97
Table 21. U.K. Digital Health and Wellness Market by Product, 2023-2033, $ mn 99
Table 22. U.K. Digital Health and Wellness Market by End User, 2023-2033, $ mn 99
Table 23. U.K. Digital Health and Wellness Market by Age Group, 2023-2033, $ mn 99
Table 24. France Digital Health and Wellness Market by Product, 2023-2033, $ mn 101
Table 25. France Digital Health and Wellness Market by End User, 2023-2033, $ mn 101
Table 26. France Digital Health and Wellness Market by Age Group, 2023-2033, $ mn 101
Table 27. Spain Digital Health and Wellness Market by Product, 2023-2033, $ mn 103
Table 28. Spain Digital Health and Wellness Market by End User, 2023-2033, $ mn 103
Table 29. Spain Digital Health and Wellness Market by Age Group, 2023-2033, $ mn 103
Table 30. Italy Digital Health and Wellness Market by Product, 2023-2033, $ mn 105
Table 31. Italy Digital Health and Wellness Market by End User, 2023-2033, $ mn 105
Table 32. Italy Digital Health and Wellness Market by Age Group, 2023-2033, $ mn 105
Table 33. Netherlands Digital Health and Wellness Market by Product, 2023-2033, $ mn 107
Table 34. Netherlands Digital Health and Wellness Market by End User, 2023-2033, $ mn 107
Table 35. Netherlands Digital Health and Wellness Market by Age Group, 2023-2033, $ mn 107
Table 36. Digital Health and Wellness Market in Rest of Europe by Country, 2023-2033, $ mn 109
Table 37. Agamatrix, Inc.: Company Snapshot 114
Table 38. Agamatrix, Inc.: Business Segmentation 115
Table 39. Agamatrix, Inc.: Product Portfolio 115
List of Figures:
Figure 1. Research Method Flow Chart 12
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 15
Figure 3. Europe Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2023-2033 17
Figure 4. Europe Digital Health and Wellness Market, 2023-2033, $ mn 20
Figure 5. Impact of COVID-19 on Business 25
Figure 6. Primary Drivers and Impact Factors of Europe Digital Health and Wellness Market 31
Figure 7. Worldwide Geriatric Population (60 years and above) by Regions, 2015 & 2030, million 34
Figure 8. World Population 65 and Over, % of Total Population, 1950-2060 34
Figure 9. Primary Restraints and Impact Factors of Europe Digital Health and Wellness Market 36
Figure 10. Investment Opportunity Analysis 40
Figure 11. Porter’s Fiver Forces Analysis of Europe Digital Health and Wellness Market 43
Figure 12. Breakdown of Europe Digital Health and Wellness Market by Product, 2023-2033, % of Revenue 48
Figure 13. Europe Addressable Market Cap in 2024-2033 by Product, Value ($ mn) and Share (%) 48
Figure 14. Europe Digital Health and Wellness Market by Product: Hardware, 2023-2033, $ mn 49
Figure 15. Europe Digital Health and Wellness Market by Wearable: Smartwatches, 2023-2033, $ mn 52
Figure 16. Europe Digital Health and Wellness Market by Wearable: Smart Earwear/Hearables, 2023-2033, $ mn 53
Figure 17. Europe Digital Health and Wellness Market by Wearable: Smart Jewelry, 2023-2033, $ mn 54
Figure 18. Europe Digital Health and Wellness Market by Wearable: Smart Patches, 2023-2033, $ mn 55
Figure 19. Europe Digital Health and Wellness Market by Wearable: Head-mounted Displays, 2023-2033, $ mn 56
Figure 20. Europe Digital Health and Wellness Market by Wearable: Health & Fitness Trackers, 2023-2033, $ mn 57
Figure 21. Europe Digital Health and Wellness Market by Wearable: Smart Clothing, 2023-2033, $ mn 58
Figure 22. Europe Digital Health and Wellness Market by Wearable: Smart Implantables, 2023-2033, $ mn 59
Figure 23. Europe Digital Health and Wellness Market by Wearable: Other Wearables, 2023-2033, $ mn 60
Figure 24. Europe Digital Health and Wellness Market by Product: Solutions, 2023-2033, $ mn 61
Figure 25. Europe Digital Health and Wellness Market by Solutions: eHelath, 2023-2033, $ mn 62
Figure 26. Europe Digital Health and Wellness Market by Solutions: mHelath, 2023-2033, $ mn 63
Figure 27. Breakdown of Europe Digital Health and Wellness Market by Category, 2023-2033, % of Sales Revenue 65
Figure 28. Europe Addressable Market Cap in 2024-2033 by Category, Value ($ mn) and Share (%) 65
Figure 29. Europe Digital Health and Wellness Market by Category: Digital Health, 2023-2033, $ mn 66
Figure 30. Europe Digital Health and Wellness Market by Category: Digital Wellness, 2023-2033, $ mn 67
Figure 31. Breakdown of Europe Digital Health and Wellness Market by Connectivity, 2023-2033, % of Sales Revenue 69
Figure 32. Europe Addressable Market Cap in 2024-2033 by Connectivity, Value ($ mn) and Share (%) 69
Figure 33. Europe Digital Health and Wellness Market by Connectivity: Cellular Network, 2023-2033, $ mn 70
Figure 34. Europe Digital Health and Wellness Market by Connectivity: Near Field Communication (NFC), 2023-2033, $ mn 71
Figure 35. Europe Digital Health and Wellness Market by Connectivity: Bluetooth Technology, 2023-2033, $ mn 72
Figure 36. Europe Digital Health and Wellness Market by Connectivity: Wi-Fi Network, 2023-2033, $ mn 73
Figure 37. Europe Digital Health and Wellness Market by Connectivity: Other Connectivity Types, 2023-2033, $ mn 74
Figure 38. Breakdown of Europe Digital Health and Wellness Market by End User, 2023-2033, % of Revenue 76
Figure 39. Europe Addressable Market Cap in 2024-2033 by End User, Value ($ mn) and Share (%) 76
Figure 40. Europe Digital Health and Wellness Market by End User: Hospitals & Clinics, 2023-2033, $ mn 77
Figure 41. Europe Digital Health and Wellness Market by End User: Ambulatory Surgical Centers (ASCs), 2023-2033, $ mn 78
Figure 42. Europe Digital Health and Wellness Market by End User: Homecare & Individuals, 2023-2033, $ mn 79
Figure 43. Europe Digital Health and Wellness Market by End User: Other End Users, 2023-2033, $ mn 80
Figure 44. Breakdown of Europe Digital Health and Wellness Market by Age Group, 2023-2033, % of Revenue 82
Figure 45. Europe Addressable Market Cap in 2024-2033 by Age Group, Value ($ mn) and Share (%) 82
Figure 46. Europe Digital Health and Wellness Market by Age Group: Pediatric, 2023-2033, $ mn 83
Figure 47. Europe Digital Health and Wellness Market by Age Group: Adults, 2023-2033, $ mn 84
Figure 48. Europe Digital Health and Wellness Market by Age Group: Geriatric, 2023-2033, $ mn 85
Figure 49. Breakdown of Europe Digital Health and Wellness Market by Distribution Channel, 2023-2033, % of Revenue 86
Figure 50. Europe Addressable Market Cap in 2024-2033 by Distribution Channel, Value ($ mn) and Share (%) 87
Figure 51. Europe Digital Health and Wellness Market by Distribution Channel: Online Stores, 2023-2033, $ mn 88
Figure 52. Europe Digital Health and Wellness Market by Distribution Channel: Specialty Stores, 2023-2033, $ mn 89
Figure 53. Europe Digital Health and Wellness Market by Distribution Channel: Department Stores, 2023-2033, $ mn 90
Figure 54. Europe Digital Health and Wellness Market by Distribution Channel: Hypermarket, 2023-2033, $ mn 91
Figure 55. Europe Digital Health and Wellness Market by Distribution Channel: Other Distribution Channels, 2023-2033, $ mn 92
Figure 56. Breakdown of European Digital Health and Wellness Market by Country, 2023 and 2033, % of Revenue 94
Figure 57. Contribution to Europe 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%) 95
Figure 58. Digital Health and Wellness Market in Germany, 2023-2033, $ mn 96
Figure 59. Digital Health and Wellness Market in U.K., 2023-2033, $ mn 98
Figure 60. Digital Health and Wellness Market in France, 2023-2033, $ mn 100
Figure 61. Digital Health and Wellness Market in Spain, 2023-2033, $ mn 102
Figure 62. Digital Health and Wellness Market in Italy, 2023-2033, $ mn 104
Figure 63. Digital Health and Wellness Market in Netherlands, 2023-2033, $ mn 106
Figure 64. Digital Health and Wellness Market in Rest of Europe, 2023-2033, $ mn 108
Figure 65. Growth Stage of Europe Digital Health and Wellness Industry over the Forecast Period 110
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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