In recent years, telemedicine has experienced unprecedented growth across Europe. This shift towards digital health solutions is not only a response to the COVID-19 pandemic but also a reflection of changing consumer behaviors and increasing demand for convenient, accessible healthcare services.
According to Euromonitor International's research, the European telemedicine market is expected to grow at a CAGR of 15% between 2023 and 2028. This rapid expansion is driven by governments' efforts to improve healthcare infrastructure, reduce costs, and enhance patient outcomes.
Artificial intelligence (AI) is revolutionizing the healthcare industry by enabling more accurate diagnoses, streamlining clinical workflows, and improving patient outcomes. AI-powered chatbots are already being used to triage patients, freeing up medical professionals to focus on more complex cases.
Moreover, AI-driven analytics can help identify high-risk patients, allowing for targeted interventions and reducing healthcare costs. As the European Commission invests heavily in AI research and development, we can expect to see even more innovative applications of this technology in the years to come.
As the digital health landscape continues to evolve, it's essential for stakeholders to stay ahead of the curve. This includes governments, healthcare providers, and technology companies working together to develop innovative solutions that address pressing healthcare challenges.
At Euromonitor International, we're committed to providing actionable insights and data-driven analysis to support the growth of this industry. Our research highlights key trends, such as the increasing adoption of wearables and mobile health apps, which will shape the future of digital health in Europe.