Australia Digital Health Market Outlook and Forecast to 2033 – Electronic Health Records, Regulatory Approved Apps and Telehealth

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Published: August 05, 2024 Report Code: GDME0111MDB-ST

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Australia Digital Health Market Report Overview

The digital health market size in Australia was $137.3 million in 2023. Digital health refers to the utilization of information and communication technologies in medicine and other health-related fields to control diseases and health risks and to encourage well-being. It has a broad scope and includes the use of wearable devices, mobile health, telehealth, health information technology, and telemedicine.

Australia Digital Health Market Outlook, 2023-2033 ($ Million)

Australia Digital Health Market Outlook, 2023-2033 ($ Million)

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The Australia digital health market research report provides value, volume, and average prices within the key categories from 2018 to 2033. The report also includes a comprehensive analysis of distribution channels, leading companies, and the financial deals landscape within the Australian digital health market.

Market Size (2023) $137.3 million
Historic Period 2018-2022
Forecast Period 2023-2033
Key Categories ·       Electronic Health Records

·       Telehealth

·       Regulatory Approved Apps
Key Companies ·       Cerner Corp

·       Concentrix Corp

·       Teladoc Health Inc

·       Constellation Software Inc
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Australia Digital Health Market Categories

The key segments in the Australia digital health market are electronic health records, telehealth, and regulatory approved apps. In 2023, the electronic health records category was the highest revenue contributor in the Australia digital health market. An electronic health record is an electronic version of a patient’s medical history that is kept over time by the provider. It includes critical administrative clinical data such as demographics, progress notes, issues, and prescriptions related to a patient’s treatment under a specific provider. Additionally, electronic health records comprise of vital signs, prior medical history, vaccinations, laboratory results, and radiology reports. The electronic health records market includes cloud-based systems and remote systems.

Australia Digital Health Market Analysis by Categories, 2023 (%)

Australia Digital Health Market Analysis by Categories, 2023 (%)

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Australia Digital Health Market- Competitive Landscape

A few of the leading companies in Australia digital health market are:

  • Cerner Corp
  • Concentrix Corp
  • Teladoc Health Inc
  • Constellation Software Inc

In 2023, Cerner Corp was the highest revenue contributor in the Australia digital health market. Headquartered in North Kansas City, Missouri, the US, Cerner Corp, a subsidiary of Oracle Corporation, is a provider of healthcare information technology solutions and related services. The company offers a comprehensive range of solutions and services which assist the clinical, financial and operational needs of organizations. Its major solutions include ambulatory, critical care, acute EHR solutions, women’s health, customer relationship management, patient engagement, and revenue cycle management. Furthermore, the company offers solutions on the unified Cerner Millennium architecture and the HealtheIntent cloud-based platform.

Australia Digital Health Market Analysis by Companies, 2023 (%)

Australia Digital Health Market Analysis by Companies, 2023 (%)

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Segments Covered in the Report

Australia Digital Health Category Outlook (Value, $ Million, 2018-2033)

  • Electronic Health Records
  • Telehealth
  • Regulatory Approved Apps

Scope

The Australia digital health market report provides key information and data on:

  • Annualized market revenues (USD), volume (units), and average prices (USD) data for each of the market segments. Data is provided from 2018 to 2033.

  • 2023 company share and distribution share data for the digital health market.

  • Global corporate-level profiles of key companies operating within the Australian digital health market. Based on the availability of data for the particular category and country, information related to pipeline products, news, and deals is also available in the report.

Reasons to Buy

  • Business strategies by identifying the key market segments poised for strong growth in the future.

  • Develop market-entry and market expansion strategies.

  • Design competition strategies by identifying who-stands-where in the market.

  • Develop investment strategies by identifying the key market segments expected to register strong growth in the near future.

  • Understand the key distribution channels and what’s the most preferred mode of product distribution – identify, understand and capitalize.

Key companies covered in the “Australia Digital Health Outlook to 2033” report:
• Cerner Corp
• Concentrix Corp
• Teladoc Health Inc

Table of Contents

  • 1. Table of Contents

    • 1.1. List of Tables

    • 1.2. List of Figures

  • 2. Introduction

    • 2.1. What Is This Report About?

    • 2.2. Digital Health Market Segmentation

    • 2.3. Definitions of Markets Covered in the Report

  • 3. Digital Health Market, Australia

    • 3.1. Digital Health Market, Australia, Revenue ($m), 2018-2033

    • 3.2. Digital Health Market, Australia, Revenue Mix ($m), 2023

    • 3.3. Digital Health Market, Australia, Category Contribution by Revenue ($m), 2023

    • 3.4. Digital Health Market, Australia, Revenue ($m), 2018-2033

    • 3.5. Digital Health Market, Australia, Volume (Units), 2018-2033

    • 3.6. Digital Health Market, Australia, Volume (Units), 2018-2033

    • 3.7. Digital Health Market, Australia, Company Share by Revenue ($m), 2023

  • 4. Electronic Health Records Market, Australia

    • 4.1. Electronic Health Records Market, Australia, Revenue Mix ($m), 2023

    • 4.2. Electronic Health Records Market, Australia, Segment Contribution (%), 2023

    • 4.3. Electronic Health Records Market, Australia, Revenue ($m), 2018-2033

    • 4.4. Electronic Health Records Market, Australia, Volume (Units), 2018-2033

    • 4.5. Electronic Health Records Market, Australia, Average Price ($) , 2018-2033

    • 4.6. Electronic Health Records Market, Australia, Distribution Share by Revenue ($m), 2023

    • 4.7. Electronic Health Records Market, Australia, Company Share by Revenue ($m), 2023

  • 5. Regulatory Approved Apps Market, Australia

    • 5.1. Regulatory Approved Apps Market, Australia, Revenue Mix ($m), 2023

    • 5.2. Regulatory Approved Apps Market, Australia, Segment Contribution (%), 2023

    • 5.3. Regulatory Approved Apps Market, Australia, Revenue ($m), 2018-2033

      • 5.3.1. Clinical-Focused Apps Market, Australia, Revenue ($m), by Segment, 2018-2033

      • 5.3.2. Clinical-Focused Apps Market, Australia, Volume (Units) by Segment, 2018-2033

      • 5.3.3. Indication Specific Mobile Apps Market, Australia, Volume (Units) by Segment, 2018-2033

    • 5.4. Regulatory Approved Apps Market, Australia, Average Price ($) , 2018-2033

    • 5.5. Regulatory Approved Apps Market, Australia, Distribution Share by Revenue ($m), 2023

    • 5.6. Regulatory Approved Apps Market, Australia, Company Share by Revenue ($m), 2023

  • 6. Telehealth Market, Australia

    • 6.1. Telehealth Market, Australia, Revenue Mix ($m), 2023

    • 6.2. Telehealth Market, Australia, Segment Contribution (%), 2023

    • 6.3. Telehealth Market, Australia, Revenue ($m), 2018-2033

    • 6.4. Telehealth Market, Australia, Volume (Units), 2018-2033

    • 6.5. Telehealth Market, Australia, Average Price ($) , 2018-2033

    • 6.6. Telehealth Market, Australia, Distribution Share by Revenue ($m), 2023

    • 6.7. Telehealth Market, Australia, Company Share by Revenue ($m), 2023

  • 7. Overview of Key Companies in Australia, Digital Health Market

    • 7.1. Teladoc Health Inc

      • 7.1.1. Company Overview

    • 7.2. Cerner Corp

      • 7.2.1. Company Overview

    • 7.3. Concentrix Corp

      • 7.3.1. Company Overview

    • 7.4. Constellation Software Inc

      • 7.4.1. Company Overview

  • 8. Digital Health Market Pipeline Products

  • 9. Financial Deals Landscape

    • 9.1. Acquisition

      • 9.1.1. Australian Clinical Labs Terminates to Acquire Healius for USD1 Billion

    • 9.2. Asset Transactions

      • 9.2.1. HealthLink Acquires Argus, Connecting Care, and Ereferrals Business from Telstra Health

    • 9.3. Debt Offerings

      • 9.3.1. Advanced Health Intelligence to Raise USD5 Million in Private Placement of Convertible Notes Due 2027

      • 9.3.2. Cardiex Raises USD0.99 Million in Private Placement of Convertible Notes Due 2024

      • 9.3.3. Cardiex Raises USD0.52 Million in Private Placement of Convertible Notes Due 2025

    • 9.4. Equity Offerings

      • 9.4.1. Dorsavi Raises USD0.03 Million in Private Placement of Shares

      • 9.4.2. Anatara Lifesciences Raises USD0.65 Million in Private Placement of Shares

      • 9.4.3. Austco Healthcare to Raise USD4.46 Million in Private Placement of Shares

      • 9.4.4. Austco Healthcare to Raise USD1.82 Million in Rights Issue of Shares

      • 9.4.5. Advanced Health Intelligence to Raise USD1.25 Million in Private Placement of Shares

      • 9.4.6. Singular Health Group to Raise USD0.66 Million in Private Placement of Shares

      • 9.4.7. Imexhs Raises USD0.81 Million in Priavte Placement of Shares

      • 9.4.8. Singular Health Group to Raise USD2.62 Million in Private Placement of Shares

      • 9.4.9. CardieX Raises USD1.07 Million in First Tranche Private Placement of Shares

      • 9.4.10. CardieX Raises USD1.51 Million in Second Tranche Private Placement of Shares

      • 9.4.11. CardieX Raises USD2.59 Million in Entitlement Offering of Shares

      • 9.4.12. 4dmedical Raises USD23 Million in Private Placement of Shares

      • 9.4.13. Healius to Raise USD121.8 Million in Rights Offering of Shares

      • 9.4.14. Singular Health Group to Raise Upto USD0.55 Million in Private Placement of Shares

      • 9.4.15. Medibio to Raise USD0.93 Million in First Tranche Private Placement of Shares

      • 9.4.16. Medibio to Raise USD0.54 Million in Second Tranche Private Placement of Shares

      • 9.4.17. Opyl Secures USD0.14 Million in Private Placement of Shares

    • 9.5. Partnerships

      • 9.5.1. MedAdvisor Solutions Enters into Licensing Agreement with Charac

      • 9.5.2. SMK Enters into Licensing Agreement with Canary Speech

    • 9.6. Venture Financing

      • 9.6.1. Macuject Raises Fund through Venture Financing

      • 9.6.2. Smileyscope Raises Funds through Seed Financing

  • 10. Appendix

    • 10.1. Research Methodology

      • 10.1.1. Coverage

      • 10.1.2. Secondary Research

      • 10.1.3. Primary Research

      • 10.1.4. Market Modeling and Forecasting

      • 10.1.5. Company Share Analysis

      • 10.1.6. Distribution Share Analysis

      • 10.1.7. Benchmarking

    • 10.2. GlobalData Consulting

    • 10.3. Contact Us

  • 11. Disclaimer

Table

|1.1 List of Tables

Table 1: Digital Health Market, Australia, Revenue ($m), USD Constant, 2018-2033 11

Table 2: Digital Health Market, Australia, Category Contribution by Revenue ($m), 2023 13

Table 3: Digital Health Market, Australia, Revenue ($m), USD Constant, Historic, 2018-2033 15

Table 4: Digital Health Market, Australia, Volume (Units), 2018-2033 16

Table 5: Digital Health Market, Australia, Volume (Units), Historic, 2018-2033 18

Table 6: Digital Health Market, Australia, Company Share by Revenue ($m), USD Constant, 2023 20

Table 7: Electronic Health Records Market, Australia, Segment Contribution (%), 2023 22

Table 8: Electronic Health Records Market, Australia, Revenue ($m), USD Constant, 2018-2033 24

Table 9: Electronic Health Records Market, Australia, Volume (Units), 2018-2033 26

Table 10: Electronic Health Records Market, Australia, Average Price ($), 2018-2033 27

Table 11: Electronic Health Records Market, Australia, Distribution Share by Revenue ($m), USD Constant, 2023 28

Table 12: Electronic Health Records Market, Australia, Company Share by Revenue ($m), USD Constant, 2023 29

Table 13: Regulatory Approved Apps Market, Australia, Segment Contribution (%), 2023 31

Table 14: Regulatory Approved Apps Market, Australia, Revenue ($m), USD Constant, 2018-2033 33

Table 15: Clinical-Focused Apps Market, Australia, Revenue ($m), USD Constant, 2018-2033 35

Table 16: Indication Specific Mobile Apps Market, Australia, Revenue ($m), USD Constant, 2018-2033 37

Table 17: Regulatory Approved Apps Market, Australia, Volume (Units), 2018-2033 39

Table 18: Clinical-Focused Apps Market, Australia, Volume (Units), Historic, 2018-2033 41

Table 19: Indication Specific Mobile Apps Market, Australia, Volume (Units), 2018-2033 43

Table 20: Regulatory Approved Apps Market, Australia, Average Price ($), 2018-2033 44

Table 21: Regulatory Approved Apps Market, Hospitals, Distribution Share by Revenue ($m), USD Constant, 2023 46

Table 22: Regulatory Approved Apps Market, Australia, Company Share by Revenue ($m), USD Constant, 2023 47

Table 24: Telehealth Market, Australia, Segment Contribution (%), 2023 50

Table 25: Telehealth Market, Australia, Revenue ($m), USD Constant, 2018-2033 52

Table 26: Telehealth Market, Australia, Volume (Units), 2018-2033 54

Table 27: Telehealth Market, Australia, Average Price ($), 2018-2033 55

Table 28: Telehealth Market, Australia, Distribution Share by Revenue ($m), USD Constant, 2023 56

Table 29: Telehealth Market, Australia, Company Share by Revenue ($m), USD Constant, 2023 57

Table 30: Digital Health Market Pipeline Products 59

Table 31: Australian Clinical Labs Terminates to Acquire Healius for USD1 Billion 63

Table 32: HealthLink Acquires Argus, Connecting Care, and Ereferrals Business from Telstra Health 65

Table 33: Advanced Health Intelligence to Raise USD5 Million in Private Placement of Convertible Notes Due 2027 67

Table 34: Cardiex Raises USD0.99 Million in Private Placement of Convertible Notes Due 2024 68

Table 35: Cardiex Raises USD0.52 Million in Private Placement of Convertible Notes Due 2025 69

Table 36: Dorsavi Raises USD0.03 Million in Private Placement of Shares 70

Table 37: Anatara Lifesciences Raises USD0.65 Million in Private Placement of Shares 71

Table 38: Austco Healthcare to Raise USD4.46 Million in Private Placement of Shares 72

Table 39: Austco Healthcare to Raise USD1.82 Million in Rights Issue of Shares 74

Table 40: Advanced Health Intelligence to Raise USD1.25 Million in Private Placement of Shares 76

Table 41: Singular Health Group to Raise USD0.66 Million in Private Placement of Shares 77

Table 42: Imexhs Raises USD0.81 Million in Priavte Placement of Shares 78

Table 43: Singular Health Group to Raise USD2.62 Million in Private Placement of Shares 79

Table 44: CardieX Raises USD1.07 Million in First Tranche Private Placement of Shares 81

Table 45: CardieX Raises USD1.51 Million in Second Tranche Private Placement of Shares 82

Table 46: CardieX Raises USD2.59 Million in Entitlement Offering of Shares 83

Table 47: 4dmedical Raises USD23 Million in Private Placement of Shares 84

Table 48: Healius to Raise USD121.8 Million in Rights Offering of Shares 85

Table 49: Singular Health Group to Raise Upto USD0.55 Million in Private Placement of Shares 86

Table 50: Medibio to Raise USD0.93 Million in First Tranche Private Placement of Shares 87

Table 51: Medibio to Raise USD0.54 Million in Second Tranche Private Placement of Shares 89

Table 52: Opyl Secures USD0.14 Million in Private Placement of Shares 91

Table 53: MedAdvisor Solutions Enters into Licensing Agreement with Charac 93

Table 54: SMK Enters into Licensing Agreement with Canary Speech 94

Table 55: Macuject Raises Fund through Venture Financing 95

Table 56: Smileyscope Raises Funds through Seed Financing 96

Table 57: Total Number of Primary Research Participants, Digital Health Market, by Country 100

Figures

|1.2 List of Figures

Figure 1: Digital Health Market, Australia, Revenue ($m), USD Constant, 2018-2033 11

Figure 2: Digital Health Market, Australia, Revenue Mix ($m), 2023 12

Figure 3: Digital Health Market, Australia, Category Contribution (%), 2023 13

Figure 4: Digital Health Market, Australia, Revenue ($m), USD Constant, Historic, 2018-2033 14

Figure 5: Digital Health Market, Australia, Volume (Units), 2018-2033 16

Figure 6: Digital Health Market, Australia, Volume (Units), Historic, 2018-2033 17

Figure 7: Digital Health Market, Australia, Company Share (%) 2023 19

Figure 8: Electronic Health Records Market, Australia, Revenue Mix ($m), 2023 21

Figure 9: Electronic Health Records Market, Australia, Segment Contribution (%), 2023 22

Figure 10: Electronic Health Records Market, Australia, Revenue ($m), USD Constant, 2018-2033 23

Figure 11: Electronic Health Records Market, Australia, Volume (Units), 2018-2033 25

Figure 12: Electronic Health Records Market, Australia, Company Share (%) 2023 29

Figure 13: Regulatory Approved Apps Market, Australia, Revenue Mix ($m), 2023 30

Figure 14: Regulatory Approved Apps Market, Australia, Segment Contribution (%), 2023 31

Figure 15: Regulatory Approved Apps Market, Australia, Revenue ($m), USD Constant, 2018-2033 32

Figure 16: Clinical-Focused Apps Market, Australia, Revenue ($m), USD Constant, 2018-2033 34

Figure 17: Indication Specific Mobile Apps Market, Australia, Revenue ($m), USD Constant, 2018-2033 36

Figure 18: Regulatory Approved Apps Market, Australia, Volume (Units), 2018-2033 38

Figure 19: Clinical-Focused Apps Market, Australia, Volume (Units), Historic, 2018-2033 40

Figure 20: Indication Specific Mobile Apps Market, Australia, Volume (Units), 2018-2033 42

Figure 21: Regulatory Approved Apps Market, Australia, Company Share (%) 2023 47

Figure 22: Telehealth Market, Australia, Revenue Mix ($m), 2023 48

Figure 23: Telehealth Market, Australia, Segment Contribution (%), 2023 49

Figure 24: Telehealth Market, Australia, Revenue ($m), USD Constant, 2018-2033 51

Figure 25: Telehealth Market, Australia, Volume (Units), 2018-2033 53

Figure 26: Telehealth Market, Australia, Company Share (%) 2023 57

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