πMarket
The analysis focuses on the Total Addressable Market (TAM), Serviceable Available Market (SAM), and Serviceable Obtainable Market (SOM), offering valuable insights into the current and projected financial landscape. By examining these key metrics, we gain a clearer understanding of the market opportunities and the growth dynamics driving the digital health industry.
Total Addressable Market (TAM):
Global Digital Health Market: Valued at $296 billion with a Compound Annual Growth Rate (CAGR) of 17.2%.
Serviceable Available Market (SAM):
Fitness Tracker Market: Estimated at $75 billion, growing at a CAGR of 8.47%.
Serviceable Obtainable Market (SOM):
Healthcare Analytics for Devices: Worth $53 billion with a significant CAGR of 21.1%.
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