Australia’s digital health market to see 8% CAGR growth until 2034

It accounted for 12% of the Asia-Pacific market in 2024.

Australia’s digital health market is projected to expand at a compound annual growth rate of 8%, according to a GlobalData report.

The growth is attributed to the increasing integration of digital technologies into healthcare and the rising demand for more accessible, efficient, and personalised medical services.

The country accounted for 12% of the Asia-Pacific market in 2024 on the back of ongoing technological developments, particularly the integration of artificial intelligence, along with improvements in functionality and user experience.

The shift to digital health is changing how medical services are delivered, integrated, and understood, said Shamreen Parween, Medical Devices Analyst at GlobalData

“This change redefines patient care by enabling more seamless coordination amongst providers, enhancing the overall healthcare experience, and embracing innovative, technology-driven approach to treatment and wellness,” Parween added.