Digital Treatment & Care - Estonia

  • Estonia
  • The Digital Treatment & Care market in Estonia is projected to achieve a revenue of €8.03m in 2024.
  • This market is expected to display a compound annual growth rate (CAGR 2024-2029) of 5.02%, resulting in a projected market volume of €10.26m by 2029.
  • The user penetration rate is anticipated to be 15.14% in 2024 and is projected to increase to 18.45% by 2029.
  • The average revenue per user (ARPU) is estimated to be €40.19.
  • In a global context, United States is expected to generate the highest revenue, amounting to €27,450.00m in 2024.
  • Estonia's advanced digital infrastructure and e-health initiatives position it as a leader in digital treatment and care in the digital health market.

Key regions: Japan, India, United States, Canada, Italy

 
Mercado
 
Región
 
Comparación de regiones
 
Moneda
 

Analyst Opinion

The Digital Treatment & Care market in Estonia is experiencing significant growth and development, with various sub-markets like contraception/fertility apps, medication checker apps, online pharmacy, smart thermometers, smart blood glucose meters, smart blood pressure meters, and social alarms gaining traction among consumers.

Customer preferences:
Estonian consumers are increasingly turning to digital solutions for their healthcare needs, seeking convenience, accessibility, and personalized options. The growing popularity of contraception/fertility apps indicates a shift towards proactive family planning, while the demand for medication checker apps reflects a desire for accurate information and safety in medication management. The convenience of online pharmacies is also appealing to consumers looking for hassle-free access to healthcare products.

Trends in the market:
In Estonia, there is a noticeable trend towards the adoption of smart health devices such as thermometers, blood glucose meters, and blood pressure monitors. These devices offer users the ability to monitor their health parameters easily and effectively, providing valuable data for self-care and healthcare professionals. The increasing availability of social alarms is also a significant trend, catering to the needs of the elderly population and individuals requiring assistance in emergencies.

Local special circumstances:
Estonia's digital infrastructure and tech-savvy population play a crucial role in driving the growth of the Digital Treatment & Care market. The country's advanced e-health system and widespread internet connectivity create a conducive environment for the adoption of digital health solutions. Additionally, Estonia's focus on innovation and technology further propels the development and acceptance of digital treatment and care services among the population.

Underlying macroeconomic factors:
The macroeconomic landscape in Estonia, characterized by a stable economy and increasing disposable income levels, contributes to the growth of the Digital Treatment & Care market. As consumers have more purchasing power, they are willing to invest in digital health solutions that offer convenience, efficiency, and improved healthcare outcomes. The government's support for digital health initiatives and investment in healthcare technology also drive the expansion of the market in Estonia.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on revenues and user data of relevant mobile applications and consumer electronics companies.

Modeling approach / Market size:

Market sizes are determined through a combined top-down and bottom-up approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports of key players, industry reports, third-party reports, and survey results from primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, population, internet penetration, smartphone penetration, consumer spending, and healthcare spending. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting digital products and services due to the non-linear growth of technology adoption.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.

Visión general

  • Revenue
  • Analyst Opinion
  • Users
  • Global Comparison
  • Methodology
  • Key Market Indicators
Espere, por favor

Contacto

¿Alguna duda? Estaremos encantados de atenderte.
Statista Locations
Contacto Nerea Marcos
Nerea Marcos
Client Success Manager

Lu - vi, 9:30 - 17:00 h (CET)

Contacto Meredith Alda
Meredith Alda
Sales Manager– Contacto (Estados Unidos)

Lu - vi, 9:00 - 18:00 h (EST)

Contacto Yolanda Mega
Yolanda Mega
Operations Manager– Contacto (Asia)

Lu - vi, 9:00 - 17:00 h (SGT)

Contacto Ayana Mizuno
Ayana Mizuno
Junior Business Development Manager– Contacto (Asia)

Lu - vi, 10:00 - 18:00 h (JST)

Contacto Lodovica Biagi
Lodovica Biagi
Director of Operations– Contacto (Europa)

Lu - vi, 9:30 - 17:00 h (GMT)

Contacto Carolina Dulin
Carolina Dulin
Group Director - LATAM– Contacto (América Latina)

Lu - vi, 9:00am-6:00pm (EST)