Digital Health - Slovenia

Slovenia

In Slovenia, the Digital Health market is forecasted to achieve a revenue of €62.19m by 2024.
It is anticipated to exhibit a compound annual growth rate (CAGR 2024-2029) of 7.26%, leading to a projected market size of €88.31m by 2029.
The average revenue per user (ARPU) is expected to reach €65.86.
When compared globally, United States is expected to generate the highest revenue in the Digital Health market, amounting to €43,240.00m in 2024.
The Digital Fitness & Well-Being market will hold the largest market share, with a total revenue value of €36.13m in 2024.
Slovenia's digital health market is experiencing a surge in telemedicine services, allowing patients to access healthcare remotely.

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

Mercado

Región

Comparación de regiones

Moneda

Analyst Opinion

The Digital Health market in Slovenia is experiencing significant growth and development, driven by various factors shaping the healthcare industry in the country.

Customer preferences: In Slovenia, customers are increasingly turning to digital health solutions due to the convenience and accessibility they offer. The tech-savvy population in the country values the ability to monitor their fitness and well-being through digital platforms, as well as access online doctor consultations for non-emergency medical issues. Moreover, the digital treatment and care services are gaining popularity among patients seeking more efficient and personalized healthcare options.

Trends in the market: One of the notable trends in the Slovenian Digital Health market is the rise of digital fitness and well-being applications. With the increasing focus on leading a healthy lifestyle, individuals are turning to these apps to track their physical activity, nutrition, and overall health metrics. Additionally, the demand for online doctor consultations is on the rise, especially in rural areas where access to healthcare facilities may be limited. Patients appreciate the convenience of consulting with healthcare professionals remotely, saving time and effort.

Local special circumstances: Slovenia's healthcare system is characterized by a strong emphasis on technology and innovation, making it conducive to the growth of the Digital Health market. The country has a well-developed IT infrastructure and a high level of digital literacy among its population, creating a favorable environment for the adoption of digital health solutions. Furthermore, the government has been supportive of initiatives that promote the use of technology in healthcare, further driving the expansion of the market.

Underlying macroeconomic factors: The increasing healthcare expenditure in Slovenia, coupled with the growing awareness of the importance of preventive healthcare, is fueling the demand for digital health solutions in the country. As the population ages and chronic diseases become more prevalent, there is a greater need for remote monitoring and management of health conditions, which digital health technologies can provide. Moreover, the COVID-19 pandemic has accelerated the adoption of telemedicine and other digital health services, pushing the market to evolve rapidly to meet the changing needs of the population.

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.