The European MedTech and digital health market continues to thrive and expand despite an increase in European regulatory requirements, valued at approximately €160 billion in 2023.
Despite new regulations impacting the digital health and AI market, growth remains strong, with the revenue in the digital health sector projected to reach €53.59 billion by 2029.
Entities looking to invest in digital health sectors place immense importance on robust cybersecurity measures, indicating that sophisticated risk management is now a prerequisite for success.
Regulatory changes such as the Medical Devices and AI Act have impacted the market, but the ongoing growth demonstrates the resilience and robustness of the digital health ecosystem.
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