4.1 Trillion-Dollar Digital Health Market

Market Size: In 2023, the global digital health market reached $501.2 billion, with a compound annual growth rate (CAGR) of 25.6%, according to IDC data.

Pain Point Analysis:

• Data Ownership Concerns: 83% of users worry about the misuse of their health data (McKinsey survey).

• Value Mismatch: The average annual transaction value of medical data is approximately $1,000 per person, while users receive less than 5% of the generated value.

• High Compliance Costs: Pharmaceutical companies face over $500,000 in compliance costs for a single data procurement (HIPAA certification).