Digital Payment Market Worth US$ 167.6 million - UnivDatos Industry Analysis- by Size, Share, Growth, Trends, and Forecast 2021-2026

 

Research report presented by UnivDatos, Emphasis on Type (Solutions, Services), Deployment (On-Premises, Cloud), Payment Mode (POS Payment, Digital Commerce), Payment Enterprises (Large, SME), End-User (BFSI, Healthcare, IT & Telecom, Media & Entertainment, Retail & E-Commerce, Transportation, Others) and Geographical analysis (key regions and countries).

As per the research report, Global Digital Payment Market is expected to reach the market valuation of US$ 167.6 million by 2026 expanding at a reasonable CAGR of 18.5% during the forecast period (2021-2026) from US$ 65.3 million in 2020. Digital payment solutions such as e-wallets, UPI, POS are deployed for the payment.

In the payments industry, digital payment is a revolution. With digitization and continuing technical advancement, they would be able to give customers and companies more personalised, secure, and versatile payment options. Digital payments will also help in budgeting, financial integration, and preventing and combating economic crime. Digital payment solutions have also been implemented in developed countries. Developed economies have had a cashless payment system based largely on credit cards for many decades, but the legacy systems have unexpectedly become a challenge in recent years. Growing economies such as China, India, and Eastern Europe are now much slower to embrace modern payment technologies than "Western" markets.

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Since January 2018, one million users have joined the internet every day. In 2019, there were 4.39 billion internet users worldwide, up 366 million from the previous year. The adoption of digital payment infrastructure is being driven by the explosion of smartphones and digital initiatives. The government is taking steps, for example, the Digital India initiative, which is a flagship programme of the Indian government with the aim of transforming India into a technologically driven community and information economy.

The COVID-19 pandemic is wreaking havoc on the world's population. In the United Kingdom, contactless technology is now used in two out of every five card purchases. According to statistics, there are 20 million contactless transactions a day, or more than 235 per second. On retail websites such as Amazon, as well as mobile payment applications, online shopping has become increasingly popular. Cashback programmes are gaining popularity all around the world. The market is expanding at a breakneck pace in the United Kingdom. This serves as a further benefit of digital payment. However, operational issues such as cross-border transfers and card data protection are impeding the acceptance of digital payment.

Insights Presented in the Report

“Amongst Type, Solution segment holds the major share”

The market is divided into solutions and services based on type. There are a variety of digital payment options on the market. Annually, more than 75 billion transactions are processed. A rise in solution adoption has resulted in an increase in service adoption.

For a detailed analysis of the applications in the Digital Payment Market browse through – https://univdatos.com/report/global-digital-payment-market-current-analysis-and-forecast-2020-2026

“Amongst Deployment, On-premise is expected to dominate the market during the analyzed period”

The industry is divided into two segments based on deployment: cloud and on-premise. In 2019, on-premise had a highest share of 68 percent. Cloud-based solutions, on the other hand, are more stable and advanced. According to a poll, 54 percent of businesses expect to shift more of their payment systems to the cloud in the near future, owing to the more convenient payments that can be made using this infrastructure.

“Amongst Payment Mode, Digital Commerce is expected to dominate the market during the analyzed period”

The market is divided into two segments based on payment mode: POS Payments and Digital Commerce. The point of sale, also known as the POS, is the location where a purchase takes place. A buyer and a merchant are included in a POS contract, as well as a product or service that is obtained in the POS system. With a market share of 60% in 2019, digital commerce led the market.

“Amongst Enterprise size, Large Enterprises is expected to dominate the market during the analyzed period”

The business is divided into large and small businesses based on the market segmentation of payment enterprises. To make transactions simpler for consumers, large businesses have introduced digital payment infrastructure. The rising acceptance of digital payments, on the other hand, is motivating SMEs to embrace digital payments. Furthermore, the COVID-19 pandemic has accelerated development.

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“Amongst End-user, BFSI is expected to dominate the market during the analyzed period”

The industry is divided into BSFI, healthcare, IT & telecom, media among entertainment, retail and e-commerce, and others based on end-user segmentation. In 2019, BFSI led the industry with a 22 percent market share. The government has taken a number of steps to increase the use of digital payment solutions. Electronic toll collection for cars is now possible thanks to the use of FASTag. This allows for a quicker commute and easier collection without having to wait in line.

“North America represents one of the largest markets of Digital payment market”

A quantitative research was performed for various regions in the economy, including North America (the United States, Canada, and the Rest of North America), Europe (Germany, France, Spain, Italy, United Kingdom and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and the Rest of APAC), and the rest of the world, to gain a clearer understanding of the business dynamics of the digital payment market. In 2020, the United States brought in $21.1 million in sales. Because of its high level of understanding, the United States has the highest demand for digital payments.

Customization Options:

Digital Payment Market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.

Table of Contents

1            Market Introduction  

2            Research Methodology or Assumption

3            Industry Performance

4            Executive Summary    

5            Regulatory Framework of Digital Payment

6            Market Overview                       

7            Impact of COVID-19 pandemic on Digital Payments Market

8            Demand and Supply Side Analysis

9            Digital Payment Market Value Chain

10          Market Insights by Type          

11          Market Insights by Deployment

12          Market Insights by Payment Mode

13          Market Insights by Payment Enterprises

14          Market Insights by End-User

15          Market Insights by Region      

16          Competitive Scenario

17          Top Company Profiles - ACI Worldwide, WEX, Adyen, Global Payments, Fiserv, Novatti, PayPal, Paysafe, Worldpay

Virtual Healthcare Delivery Market Worth US$ 122 billion - UnivDatos Industry Analysis- by Size, Share, Growth, Trends, and Forecast 2021-2027

Research report presented by UnivDatos, Emphasis on Platform Type (Video Consultation, Audio Consultation, Messaging, Kiosks), Components (Solutions, Services), Delivery Mode (Web/Telephonic, Call Centers), Specialty (Cardiology, Radiology, Psychiatry, Urgent Care, Remote ICU, Dermatology, Others), End-users (Payers, Providers, Patients, Others) and Geographical analysis (key regions and countries).

As per the research report, Global Virtual Healthcare Delivery Market is expected to reach the market valuation of US$ 122 billion by 2027 expanding at a reasonable CAGR of 24.6% during the forecast period (2021-2027) from US$ 32.6 billion in 2021.

One of the main contributors to the development of the virtual healthcare delivery market is the increasing internet penetration combined with the rising acceptance of smartphones around the world. According to the World Bank, about 41% of the global population used the internet in 2015, increasing to 48.99% in 2017. In addition, the total number of internet users in 2019 was 4.39 billion. The virtual healthcare delivery industry is growing due to advantages such as no cost of in-person visits, proximity of residents in remote areas to a good healthcare service provider, increased patient engagement, improved patient care quality, and so on. Furthermore, the growing global ageing population, along with the need for protective and precautionary steps, is propelling the industry forward.

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IT investments in the healthcare industry, as well as technological advancements that allow health care providers to communicate with patients and consulting physicians over long distances, saving time and money for patients, are driving business growth. As per a survey by Cisco, globally more than 74 percent of Consumers are open to virtual doctor visits. Furthermore, players in the end-users are gaining ground on the implementation of virtual healthcare delivery due to the offering of services such as video consultation, audio consultation, and other services tailored to the patients' needs and comfort.

In addition, the COVID-19 pandemic boosted the virtual healthcare distribution market significantly. The number of patients seeking a virtual appointment increased significantly in the industry. Furthermore, governments in countries such as the United States, Canada, India, and others have reported and opened a number of interactive consultation portals. According to Practo, a health-tech website, the organisation saw a 500 percent increase in online consultations from March to May 2020.

For a detailed analysis of the applications in the Virtual Healthcare Delivery Market browse through – https://univdatos.com/report/global-virtual-healthcare-delivery-market-current-analysis-and-forecast-2020-2027

Insights Presented in the Report

“Amongst Platform Type, Video Consulting segment holds the major share”

The market is segmented into Video consultation, Audio consultation, Messaging, and KIOSKS based on device type. Due to the busy lifestyle and time-saving aspect of video conferencing, the video consulting type dominated the market with a share of 52 percent in 2019 and is expected to continue its dominance during the forecast period. However, due to new KIOSKS technologies developed by key industry players, the market for KIOSKS is expected to expand steadily over the forecast period.

“Amongst Components Type, Services is expected to dominate the market during the analyzed period”

The industry is divided into software and services based on market segmentation of components. In 2019, the services sector accounted for more than half of the industry. Owing to the introduction of emerging technology that necessitate specialised and regulated services, the industry is experiencing a surge. The need for solutions, on the other hand, is projected to come from developed countries.

“Amongst Delivery Mode Type, Web/ Telephonic segment is expected to dominate the market during the analyzed period”

The market is segmented into Web/ Telephonic segments based on delivery mode level. In 2019, the web/telephonic segment, which is an ancient and advanced technology, captured the majority of market share. Furthermore, increasing internet penetration and the availability of low-cost mobile data are all contributing factors to industry expansion.

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“Amongst Specialty Type, Cardiology segment grabbed the major market share”

The industry is segmented into Cardiology, Radiology, Psychiatry, Urgent Care, Remote ICU, Dermatology, and others based on specialty type. Thanks to the rising proliferation of CVDs across the world as a result of unhealthy lifestyles and improvements in eating patterns, the Cardiology division grabbed the leading market share and contributed around 19.38 percent in 2019. The Neurology section, on the other hand, is expected to develop at a significant CAGR in the coming years.

“North America represents one of the largest markets of Virtual Healthcare Delivery market”

A thorough study of virtual healthcare delivery market was performed for various regions around the world, including North America (the United States, Canada, and Mexico), Europe (Germany, France, Italy, United Kingdom, Spain and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of APAC), the Middle East and Africa (UAE, Saudi Arabia, South Africa, and the Rest of MEA), and South America (Brazil, Argentina). Due to the availability of well-established healthcare facilities, North America led the industry and delivered revenue of US$ 9.4 billion in 2019. Furthermore, the area is dominant due to rising healthcare IT spending, the participation of well-established players, and the new technology upgraded goods and services.

Customization Options:

The Virtual Healthcare Delivery Market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.

Table of Contents

1            Market Introduction                                                                         

2            Research Methodology or Assumption                                                      

3            Industry Performance                                                                       

4            Executive Summary                                                                           

5            Case Study                                                                                           

6            Customer Survey                                                                                               

7            COVID-19 Impact on Virtual Healthcare Delivery Market                                                                                         

8            Market Insights by Platform Type                                                                

9            Market Insights by Components                                                                   

10          Market Insights by Delivery Mode                                                               

11          Market Insights by Specialty                                                           

12          Market Insights by End-User                                                           

13          Market Insights by Region                                                                              

14          Virtual Healthcare Delivery Market Dynamics                                          

15          Legal & Regulatory Framework                                                                     

16          Demand and Supply Side Analysis                                                                

17          Value Chain Analysis                                                                         

18          Virtual Healthcare Delivery Market Hotspot & Opportunities                            

19          Virtual Healthcare Delivery Market Trends & Insights                                          

20          Competitive Scenario                                                                       

21          Company Profiled - Allscripts Healthcare Solution, American Well, Biotelemetry, Blue Sky Telehealth, Cisco Systems, Honeywell International, McKesson Corporation, OBS Medical                                                            

22          Disclaimer

Smart Healthcare Market Worth US$ 78.8 Billion - UnivDatos Industry Analysis- by Size, Share, Growth, Trends, and Forecast 2021-2027

 

Research report presented by UnivDatos, Emphasis on Type [Electronic Health Record (EHR), RFID Systems, Smart Pill, Smart Syringes, Others), Application (Health Data Storage and Exchange, Monitoring and Treatment, Inventory Management), End-User (Hospitals, Home Care Settings, Others) and Geographical analysis (key regions and countries).

As per the research report, Global Smart Healthcare Technologies and Products Market is expected to reach the market valuation of US$ 78.8 Billion by 2027 expanding at a reasonable CAGR of 7.15% during the forecast period (2021-2027) from US$ 40.5 Billion in 2019. With technological advancements and scientific theories, traditional medicine, which includes biotechnology as a central component, has gradually turned into digitization. In addition, smart healthcare employs a new wave of information technology. Smart healthcare is more than just a minor technical development or a multi-level change; it is also all-encompassing. This change is embodied in the following: informatization construction changes (from clinical in formalization to regional medical informatization), medical model changes (from disease-centered to patient-centered care), changes in medical management (from general management to personalized management), and alternation in the methods for disease diagnosis & prevention and treatment (from focusing on disease treatment to focusing on preventive healthcare). These changes in healthcare technology, along with the growing introduction of smart healthcare systems, are aimed at addressing people's needs and improving the quality of primary care facilities, which significantly enhances the medical and health-care experience, and reflect modern medicine's future growth path.

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Smart healthcare innovations are the incorporation of smart technology into all aspects of healthcare, radically altering how businesses function and bring value to stakeholders. It has an impact on all aspects of society, including the economy. These solutions also provide policymakers and consumers the ability to enhance healthcare quality by enhancing patient privacy and ensuring a stable network. The rising prevalence of chronic diseases in both developed and emerging economies would drive global demand for smart healthcare technology and products. According to the World Health Organization (WHO), 17.9 million people died from cardiovascular disorders (CVDs) in 2016, and the American Diabetes Association estimates that 34.2 million Americans have diabetes. Organizations are gradually recognising that they must provide more than just treatment; they must also provide an experience. Today, a growing array of goods ingest and produce data, and all of them are linked together using smart technology. Smart innovations are driving large-scale and widespread innovation across all phases of healthcare services, creating incomparable prospects for value capturing and development but still posing a significant challenge. The healthcare system is being reshaped by dramatic developments in smart healthcare technologies.

Insights Presented in the Report

“Electronic health record segment dominated the product segment of Smart Healthcare Market”

The market is divided into electronic health records, RFID systems, smart pills, smart syringes, and other categories based on form. Due to the growing introduction of electronic health records, which includes the need for patient records such as patient's medical history, diagnoses, medications, treatment plans, immunization dates, allergies, radiology images, and laboratory and test results, electronic health record dominated the market with a share of 68.4 percent in 2019 and is projected to retain its dominance throughout the forecast era.

For a detailed analysis of the applications in the Smart Healthcare Market browse through - https://univdatos.com/report/global-smart-healthcare-technologies-and-products-market-current-analysis-and-forecast-2020-2027

“Health Data Storage and Exchange application is expected to dominate the market during the analyzed period”

The industry is divided into three segments based on application: health data collection and sharing, monitoring and treatment, and inventory management. The collection and sharing of health data accounted for 70.5 percent of industry sales in 2019.  The smart healthcare technology and products market is currently dominated by health data collection and sharing, which enables physicians, pharmacists, nurses, healthcare professionals, and patients to easily view and communicate a patient's critical medical records electronically, thus increasing the speed, efficiency, protection, and cost of patient care.

“Amongst End User, Hospitals are expected to dominate the market during the analyzed period”

The industry is divided into hospitals, home care settings, and others based on end-user segmentation. Hospitals had the largest market share of 73.8 percent in 2019 and are projected to continue to be the leading sector of the smart healthcare technology and products market over the forecast period as it decreases the amount of time patients have to spend in a clinic, allowing hospitals to treat more patients with less room and money. In a healthcare organisation, automation often reduces the number of doctors available per patient.

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“North America represents one of the largest markets of Smart Healthcare Technologies and Products market”

A systematic research was performed for various regions around the globe, including North America (United States, Canada, and Rest of North America), Europe (Germany, France, Italy, United Kingdom, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and the Rest of the World, to gain a greater understanding of the market conditions of smart healthcare technology and products. Because of the increased introduction of Smart Healthcare Technology and the increased emphasis on emerging technologies in order to improve healthcare facilities in the country, North America led the industry and delivered revenue of US$ 16.3 billion in 2019.

Customization Options:

The Smart Healthcare Market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.

Table of Contents

1            Market Introduction  

2            Research Methodology or Assumption

3            Industry Performance

4            Executive Summary    

5            Market Overview                       

6            Legal & Regulatory Framework

7            Demand and Supply Side Analysis

8            Value Chain Analysis  

9            Market Insights by Type          

10          Market Insights by Application

11          Market Insights by End-User

12          Market Insights by Region      

13          Competitive Scenario - IBM Corporation, Allscripts Healthcare Solutions, Inc., eClinicalWorks, Medtronic, Olympus Corporation, Terumo Corporation, Cerner Corporation, General Electric Company

14          Top Company Profiles

Defibrillators Market Worth US$ 15.5 billion - UnivDatos Industry Analysis- by Size, Share, Growth, Trends, and Forecast 2021-2027

 

Research report presented by UnivDatos, Emphasis on Product Type [Implantable Cardioverter Defibrillators (Subcutaneous Implantable Cardioverter Defibrillators, Transvenous Implantable Cardioverter Defibrillators), External Defibrillators (Manual & Semi-Automated External Defibrillators, Fully Automated External Defibrillators, Wearable Cardioverter Defibrillators)], End-Users (Hospitals, Clinics, & Cardiac Centres, Pre-Hospital Care Settings, Public Access Market, Alternate Care Market, Home Care Settings), and Geographical analysis (key regions and countries).

As per the research report, Global Defibrillators Market is expected to reach the market valuation of US$ 15.5 billion by 2027 expanding at a reasonable CAGR of 5.3% during the forecast period (2021-2027) from US$ 10 billion in 2019. 

The global defibrillator demand is growing due to favourable legislation policies by developing country governments, such as the United States and the United Kingdom, which have required the implementation of defibrillators in public places such as classrooms, government buildings, and institutes. In the United Kingdom, about 80% of hospital heart arrests occur at home, with the remaining 20% occurring in public buildings.

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Furthermore, the market for defibrillators is increasing due to an increase in the incidences of spontaneous cardiac arrest caused by diseases such as ischemic heart disease, dilated cardiomyopathy, hypertrophic cardiomyopathy, arrhythmia, congenital heart disease, and myocarditis. Per year, almost 30,000 hospital cardiac arrests occur in the United Kingdom. In addition, as end-user understanding of defibrillator care and usage grows across the world, demand has increased. According to a survey, 90-95 percent of Sudden Cardiac Arrest patients will die if they are not treated right away.

Furthermore, one of the leading causes of the increasing incidences of sudden cardiac arrest is a sedentary lifestyle and an ageing population that is more susceptible to the disease. According to the American Heart Association, a coronary incident occurs every 25 seconds in the United States. Furthermore, healthcare professionals have advised 56 percent of people in the United States to improve their fitness, and 99 percent of Americans need to improve their heart health.

Governments around the world are increasing their investments in healthcare, resulting in better healthcare facilities, the deployment of required medical devices in public areas, and so on. According to the OCED, the US government spent USD 8,032.6 per capita in 2015, which increased to USD 9,386.5 per capita in 2019. In the United Kingdom, the government spent USD 3,043.6 per capita in 2015, which increased to USD 3,619.5 per capita in 2019.

In addition, organisations in various countries are taking a variety of steps to expedite the delivery of defibrillators. In Sweden, a transportation department is testing a scheme that will use a drone to carry AEDs.

For a detailed analysis of the applications in the Defibrillators Market browse through – https://univdatos.com/report/global-defibrillator-market-current-analysis-and-forecast-2020-2027

Insights Presented in the Report

“Amongst product type, implantable cardioverter defibrillators segment holds the major share”

The market is divided into implantable cardioverter defibrillators and external defibrillators based on device form. Because of expanded customer understanding about the need for defibrillators and the introduction of newer-generation ICDs, the implantable cardioverter defibrillators segment led the market with a share of 67.2 percent in 2019 and is projected to continue its dominance throughout the forecast period.

“Amongst implantable cardioverter defibrillators type, transvenous implantable cardioverter defibrillators is expected to dominate the market during the analyzed period”

Subcutaneous Implantable Cardioverter Defibrillators and Transvenous Implantable Cardioverter Defibrillators are the two types of implantable cardioverter defibrillators in the sector. Transvenous Implantable Cardioverter Defibrillators (TICDs) dominated the industry in 2019, accounting for 83.8 percent of total sales. Incidences of SCA are the, as is the prevalence of CVDs, resulting in a rising market for Transvenous Implantable Cardioverter Defibrillators. Furthermore, during the forecast span of 2021-2027, the Subcutaneous Implantable Cardioverter Defibrillators market is projected to rise at a CAGR of more than 2%.

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“North America represents one of the largest markets of the defibrillator market”

A quantitative study of the defibrillator market trends was performed for various regions around the world, including North America (the United States, Canada, and the Rest of North America), Europe (Germany, France, Italy, United Kingdom, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, and the Rest of APAC), and the Rest of the World. Because of increased healthcare IT spending in countries such as the United States and Canada, North America led the industry and delivered revenue of US$ 3.8 billion in 2019. Furthermore, the region's dominance is due to the participation of long-established players as well as the new technologically updated goods and services.

Customization Options:

The Defibrillator Market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.

Table of Contents

1            Market Introduction                 

2            Research Methodology or Assumption

3            Industry Performance               

4            Executive Summary                   

5            Customer Survey                                      

6            COVID-19 Impact on Defibrillator Market                    

7            Market Insights by Product Type        

8            Market Insights by End-Users

9            Market Insights by Region                      

10          Defibrillator Market Dynamics            

11          Legal & Regulatory Framework           

12          Demand and Supply Side Analysis      

13          Value Chain Analysis               

14          Defibrillator Market Hotspot & Opportunities

15          Defibrillator Market Trends & Insights

16          Competitive Scenario               

17          Company Profiled - Koninklijke Philips N.V., Nihon Kohden Corporation, Progetti Srl, Schiller AG, ST. Jude Medical (acquired by Abbott Laboratories), Zoll Medical Corporation, Cardiac Science       

18          Disclaimer