Spain Digital Health Market Analysis

Spain Digital Health Market Analysis

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The Spain Digital Health market is projected to grow from $ 4.07Bn in 2022 to $ 14.9Bn by 2030, registering a CAGR of 17.6%% during the forecast period of 2022 - 2030. The market is driven by the emergence of new technologies and the increasing population with a growing demand for digital health. The market is segmented by solution, by deployment & by end-use. Some of the major players include Medtep, Nubentos& SaludOnNet.

ID: IN10ESDH005 CATEGORY: Digital Health GEOGRAPHY: Spain

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Spain Digital Health Market Executive Summary

The Spain Digital Health market is projected to grow from $ 4.07Bn in 2022 to $ 14.9Bn by 2030, registering a CAGR of 17.6%% during the forecast period of 2022 - 2030. According to the World Health Organization Global Health Expenditure database, the current health expenditure (%GDP) of Spain was found rise from 8.99% in 2018 to 9.13% in 2019 with total health spending $3,616 per capita which includes personal healthcare and collective health services excluding spending on investments. Hospital services accounted for the greatest share in the spending by sector with pharmacies and primary care leading next.

The Digital Health industry comprises a wide range of technologies, including mobile health apps, smart wearable devices, electronic health records, and telemedicine. Spain has made significant advancements to Electronic Health Records (EHRs) for all citizens and has introduced a nationwide platform for remote consultations. Spain is considered to be one of the leaders in the implementation of digital health within the EU.

Comparing the digital strategies of 17 nations' healthcare systems Spain ranks fifth, after Estonia, Canada, Denmark, and Israel, indicating that it has a strong position as a result of the widespread adoption of identity systems, digital medical records and prescriptions, patient registries, and electronic appointments. It also represents the positive trend of data processing security and privacy measures, as well as the widespread adoption of standards in data nomenclature and coding.

spain digital health market analysis

Market Dynamics

Market Growth Drivers

The healthcare crisis generated a space for the development of new technologies to meet the growing healthcare demands. The emergence of numerous mobile health devices is facilitating individuals’ engagement in their health care, which provides another chance to assist its progress. Similarly, diversifying access and channels of communication with and across health systems should help users while also improving professional performance. Spain’s population is expected to rise from 18% to 30% by 2030 and hence more development of the market is expected.

Market Restraints

Given the enormous strain on resources caused by the healthcare crisis and the general economy, funding will be the key challenge in the immediate and near future. The Central Government funds the country's universal public healthcare system, but each of the 17 regional governments are responsible for their respective management and budget hence, other challenges would be building efficient and transparent delivery systems across the regional services. Increased participation by healthcare professionals, the confidentiality of patient data, and data protection regulations may pose an additional challenge to the growth of the digital health market in Spain.

Competitive Landscape

Key Players

  • Medtep (ESP)
  • Nubentos (ESP)
  • SaludOnNet (ESP)
  • Koa Health (ESP)
  • Savana (ESP)
  • INBRAIN Neuroelectronics (ESP)

Notable Recent Deals

October 2021: Koa Health partnered with MAPFRE to offer mental well-being app to clients in Cost Rica.

October 2020: Savana raised $15Mn to serve the technology from Spain to the US.

Healthcare Policies and Regulatory Landscape

All of these European programs and projects provide a critical framework and financial assistance for the SNS Digital Health Strategy's development. This Strategy's approach and objectives must be consistent with the lines of action outlined in the Ministry of Economic Affairs and Artificial Intelligence's Digital Spain 2025 Strategy, as well as the National Artificial Intelligence Strategy, the Industrial Policy Strategy for Spain 2030 (being developed by the Ministry of Industry, Trade, and Tourism), and the Personalised Medicine Strategy (being developed by the Ministry of Science and Technology).

Reimbursement Scenario

Digital health services are included under the national healthcare system in Spain and are reimbursable by the government. These services are available to patients through their healthcare practitioner or through private insurance policies. However, reimbursement regulations and processes may differ based on the service and area.

1. Executive Summary
1.1 Digital Health Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Digital Health Policy in Country
1.6 Recent Developments in the Country

2. Market Size and Forecasting
2.1 Market Size (With Excel and Methodology)
2.2 Market Segmentation (Check all Segments in Segmentation Section)

3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints

4. Competitive Landscape
4.1 Major Market Share

4.2 Key Company Profile (Check all Companies in the Summary Section)

4.2.1 Company Overview Product Applications and Services Recent Developments Partnerships Ecosystem Financials (Based on Availability)

5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment

6. Methodology and Scope

Digital Health Market Segmentation

The Digital Health Market is segmented as mentioned below:

By Solution (Revenue, USD Billion):

  • Software
  • Services

By Deployment (Revenue, USD Billion):

  • Cloud-based
  • On-premises

By End-use (Revenue, USD Billion):

  • Diagnostic Centres
  • Healthcare Payers
  • Healthcare Research Centres
  • Hospitals & Clinics
  • Nursing Care Centres
  • Others

Insights10 will provide you with the reports within 10 key parameters which are:

  1. Market Overview
  2. Market Growth Drivers & Restraints
  3. Epidemiology of Disease Type
  4. Market Segmentation
  5. Market Share
  6. Competitive Landscape
  7. Key Company Profiles
  8. Healthcare Policies & Regulatory Framework
  9. Reimbursement Scenario
  10. Factors Driving Future Growth

Based on our many years of experience, we believe that these are the parameters that are critical to decision-making for business stakeholders. Our focused approach to developing reports focused on 10 key parameters, enabled us to arrive at the name “Insights10”.


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Market Trends: We generally look at macro parameters and micro indicators. The macro parameters include changes in government policies, demand and supply of the market, government intervention programs, and major market share. The micro indicators are GDP growth, market size, market volume, etc. We also understand nuances specific to each country like the US, Canada, India, Germany, etc., and have worked across 60+ countries and hence not only understand global trends but how these differ by country, how payment models, market structure, cultural parameters, etc. differ in each country.

Market Sizing and Analysis: Our expert data analytics team has created various market forecast models by employing the top-down approach i.e. starting with the large overall market and segmenting different areas and the bottom-up approach i.e. starting with population and epidemiology and rolling up based on spend, etc., estimating the size of the market, and distributing among the geographic and/or product segments.

The top-down approach is mainly used for new product forecasting and the bottom-up approach is used for demand estimation of any product for different countries summed up to form the total market. We are able to round off insights and build stronger forecasts because we always do both these methods and triangulate the final numbers.

The study on the market covers the analysis of the leading geographies such as Asia-Pacific, Africa, Europe, Middle East, North America, and  Latin America for the period of 2022 to 2030. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape, and policy and regulatory scenario, and the quantitative analysis covers different market estimates and forecasts.

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We make sure to finalize the numbers in alignment with the market research. Firstly, our internal experts ensure thorough validation and checking to ensure accurate and precise analysis and then validation is also done using a multiple-data analysis model. Two-level validation is done and entails the finalization of the report scope and the way of representation pattern.



Stage III: Interpretation and Presentation

Analysis & Interpretation: The information gathered is then analyzed and synthesized. The second series of interviews are done if necessary to check and validate. The future opportunities are analyzed by understanding product commercialization and many other factors. It also comprises the analysis of data discrepancies observed across various data sources. Information procured from secondary and primary results is then, interpreted by considering the following parameters: (a partial list)

  • Establishing market drivers and trends
  • Analyzing the regulatory landscape to understand future growth
  • Market Segment based analysis to obtain revenue/volume
  • ​Analyzing current needs and determining penetration to estimate the market

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Data curated from the analysis and interpretation are drawn to portray all in one consolidated report.

Presentation & Reporting: The market research report is presented in different forms such as charts by using a scientific approach for easy understanding. Historic, current, and future analysis is provided for each market in terms of both value and volume. The size of the market is interpreted in the US Dollar value and the respective unit, based on the product, for volume consumption.

The foreign exchange rates are calculated on the respective dates and for the respective regions covered in the study.

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  • Segmentation and regional revenue forecasts
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Last updated on: 10 July 2024
Updated by: Shivam Zalke

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