Analyzing the Drivers of Digital Innovation in Healthcare: A Panel Analysis from European Countries

Digital health represents a significant innovation in healthcare that can enhance patient engagement and improve health outcomes. Various studies have highlighted the benefits of these technologies in healthcare settings, the improved diagnostics, personalized care, and real-time patient monitoring. Recent research emphasizes the importance of understanding both the internal and external drivers of digital innovation in healthcare, particularly in diverse geographical contexts. Our study aims to address the gap in the literature by investigating the macroeconomic variables influencing digital healthcare innovation, focusing on the disparities across European countries. By exploring these factors, we seek to provide insights into the strategies that can facilitate effective digital transformation in healthcare organizations. We used the quantitative methodology of the regression model to investigate the drivers of digital innovation in the healthcare industry. Our research contributes to identifying the drivers of digital innovation in the healthcare sector. In particular, the analysis results highlight additional factors that influence digital innovation in the healthcare industry that the researchers have not empirically investigated yet.