Digital Care Management - Norway

Norway

Highlights

In 2024, the projected revenue in the Digital Care Management market in Norway is expected to reach US$185.50m.
This market is expected to display an annual growth rate (CAGR 2024-2029) of 11.09%, resulting in a projected market volume of US$313.70m by 2029.
The user penetration rate is anticipated to be 38.13% in 2024 and is projected to reach 45.85% by 2029.
The average revenue per user (ARPU) is expected to be US$88.20.
In comparison to other countries, United States is anticipated to generate the highest revenue in the Digital Care Management market, amounting to US$24.69bn in 2024.
Norway is leading the way in digital care management, with a strong focus on patient empowerment and remote monitoring.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Digital Care Management market in Norway is witnessing significant growth and development across online pharmacy, medication checker apps, and contraception and fertility apps sub-markets.

Customer preferences: Customers in Norway are increasingly turning to digital platforms for their healthcare needs due to the convenience and accessibility they offer. With busy lifestyles and a high level of digital literacy among the population, online pharmacy services are becoming popular for purchasing medications and healthcare products. Additionally, the use of medication checker apps is on the rise as people seek accurate and reliable information about their medications. In terms of contraception and fertility apps, there is a growing trend towards using technology to track and manage reproductive health.

Trends in the market: In Norway, there is a growing demand for online pharmacy services as consumers look for more convenient ways to access medications and healthcare products. The presence of well-established e-pharmacy platforms offering a wide range of products and quick delivery services is driving this trend. Moreover, medication checker apps are gaining popularity among Norwegians who want to ensure the safety and effectiveness of their medications. These apps provide valuable information about drug interactions, side effects, and proper dosage, contributing to better-informed healthcare decisions. When it comes to contraception and fertility apps, there is a shift towards using digital tools for family planning and reproductive health management. These apps offer features such as cycle tracking, fertility predictions, and personalized insights, catering to the evolving needs of the tech-savvy population in Norway.

Local special circumstances: Norway's strong focus on healthcare innovation and digitalization is a key driver behind the growth of the Digital Care Management market in the country. The government's support for e-health initiatives and investments in digital healthcare infrastructure have created a conducive environment for the adoption of digital care solutions. Additionally, the high level of trust in the healthcare system and emphasis on patient-centric care have encouraged Norwegians to explore digital platforms for managing their health and well-being.

Underlying macroeconomic factors: The increasing healthcare expenditure in Norway, coupled with the growing awareness of the importance of preventive care, is fueling the demand for Digital Care Management services. The country's stable economy and high disposable income levels enable consumers to invest in digital health solutions that offer convenience and personalized care. Moreover, the aging population and the rising prevalence of chronic diseases are driving the need for innovative healthcare technologies, making the Digital Care Management market a promising sector for growth and development in Norway.

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.