Musculoskeletal care digital health market to reach $11.6b by 2030
Thanks to the rising prevalence of musculoskeletal conditions.
The global market for digital health in musculoskeletal care is projected to grow to a value of $11.6b by 2030 at a compound annual growth rate of 17.7%, according to Research and Markets.
The sector’s expansion is driven by the increasing prevalence of musculoskeletal conditions, the rise of telehealth and remote monitoring, developments in wearable technology, and a shift towards value-based care.
“Advancements in wearable technology have transformed musculoskeletal care by enabling devices and sensors to track movement, posture, range of motion, and muscle activity in real-time,” the report said.
Furthermore, the ageing population and an emphasis on preventive care, particularly in occupational health, are contributing to the growing demand for digital health solutions.
“Some key players are adopting key strategic initiatives such as mergers, acquisitions, and partnerships to expand their business footprint and grow their clientele,” it added.