Digital Health - France

France

The Digital Health market in France is expected to witness a significant growth in the coming years.
By 2024, the projected revenue for this market is estimated to reach €3.79bn.
Furthermore, it is anticipated that the market will continue to expand at an annual growth rate of 8.35% (CAGR 2024-2029), resulting in a projected market volume of €5.66bn by 2029.
In terms of average revenue per user (ARPU), it is predicted to amount to €117.80.
When compared to other countries globally, United States is expected to generate the highest revenue in the Digital Health market, reaching €43,690.00m in 2024.
Among the various markets within the Digital Health market, Digital Treatment & Care is projected to be the largest, with a total revenue value of €2.08bn in 2024.
This market showcases the growing importance and demand for digital solutions in promoting fitness and overall well-being.
France is leading the way in the digital health market with its innovative telemedicine services and government support.

Key regions: United States, China, Japan, Asia, Europe

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Analyst Opinion

The Digital Health market in France is experiencing significant growth and evolution, driven by various factors that are shaping the landscape of digital fitness and well-being, online doctor consultation, and digital treatment and care services in the country.

Customer preferences: In France, customers are increasingly seeking convenient and accessible healthcare solutions, leading to a growing demand for digital health services. The preference for telemedicine and online consultations is rising as individuals look for ways to access healthcare remotely. Additionally, there is a growing interest in digital fitness and well-being solutions, reflecting a shift towards proactive health management among consumers.

Trends in the market: One notable trend in the French Digital Health market is the proliferation of mobile health applications and wearable devices aimed at promoting fitness and well-being. These technologies are enabling individuals to track their health metrics, exercise routines, and nutritional intake, fostering a culture of self-monitoring and personalized health management. Moreover, the integration of artificial intelligence and data analytics in digital health solutions is enhancing the efficiency and effectiveness of healthcare services in France.

Local special circumstances: France has a well-established healthcare system with a strong emphasis on universal healthcare coverage. This infrastructure provides a solid foundation for the adoption of digital health technologies, as the population is accustomed to high-quality medical services. Furthermore, the French government has been actively promoting the use of telemedicine and digital health solutions to improve healthcare access and outcomes across the country.

Underlying macroeconomic factors: The growing digital health market in France is also influenced by macroeconomic factors such as increasing healthcare expenditure, technological advancements, and changing consumer behaviors. As the population ages and chronic diseases become more prevalent, there is a greater need for innovative healthcare solutions that can deliver cost-effective and personalized care. Additionally, the rise of digitalization and internet penetration in France is creating opportunities for digital health companies to reach a wider audience and drive market growth.

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.