According to research report the global eHealth Market is projected to reach USD 132.35 Billion by 2023 from USD 47.60 Billion in 2018, at a CAGR of 22.7%. The market is fragmented and highly-competitive in nature, which consists of several large to medium-sized companies that compete with each other for increasing their foothold in different segments of the market.
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Cerner (US) held the leading position in the eHealth market with the largest market share in 2017. The company has a robust eHealth product portfolio, including EMR/EHR solutions, PACs, hospital information systems, and others. With its wide presence, Cerner remains the largest provider of a comprehensive range of EHR solutions to hospitals and ambulatory care centers. It is actively involved in advancing its business by augmenting its presence in the eHealth market. For instance, between 2015 and 2017, the company collaborated with many market players through inorganic growth strategies, including Fusionetics (US), NeuroLogix Technologies Inc. (US), CoverMyMeds, LLC (US), and American Well (US) to mention a few. Furthermore, in February 2015, the company acquired Siemens AG’s health information technology business unit and Siemens health services business unit. The acquisition helped it to strengthen its customer base in Europe.
Allscripts (US) is another leading provider of eHealth solutions and services. The company significantly focuses on enhancing its existing portfolio and broadly invests in R&D activities to develop innovative products and attain a competitive advantage in the market. In particular, the company invested USD 187.0 million in R&D in 2016, an increase of 2% from 2015. Its operation mainly depends on the North American market. In 2016, the company earned 97% of its revenue from their domestic market. But, the company has increased the effort to expand its business in the other emerging and high growth markets such as Australia, through inorganic growth strategies. For instance, in December 2016, the company acquired Core Medical Solutions (Australia), a company focused on delivering EMR solutions, thereby extended its presence in Australia.
Philips Healthcare (Netherlands) is one of the leading companies in the eHealth market. The company has robust offerings for the eHealth solutions market including health information exchange solutions, mHealth solutions, VNAs and PACS, and telehealth solutions. Apart from organic activities, including expansions, product launches, and enhancements, the company significantly invests in R&D to add technologically innovative solutions to its portfolio. In 2016, the company invested nearly USD 2.23 billion in R&D activities which was roughly 8.2% of the total revenue generated during the same period. Other than North America and Europe, Philips Healthcare has a strong geographic presence in Asia Pacific, Latin America, and the Middle East & Africa, which is an advantage for the company to compete with other local market players.
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Some of the major players operating in the eHealth market include McKesson (US), Allscripts (US), athenahealth (US), Epic Systems (US), IBM (US), GE Healthcare (US), Optum (US), Siemens Healthineers (Germany), Medtronic (Ireland), and Cisco Systems (US). Some of the other players operating in the eHealth market include eClinicalWorks (US), Meditech (US), Carestream Health (US), Agfa Healthcare (Belgium), Fujifilm (Japan), Wolters Kluwer (Netherlands), and Orion Health (New Zealand).
To gain an in-depth analysis of the market, it provides information on key market participants, factors driving eHealth , precise estimation of the eHealth size, upcoming trends, changes in consumer behavioral pattern, market's competitive landscape, key market vendors, and other Industry features.
Furthermore, the study is a compilation of both qualitative and quantitative assessments by industry experts as well as industry participants from all stages of the value chain.eHealth Market Key Players Analysis:• Medtronic• IBM• Siemens Healthineers• Optum (A Subsidiary of Unitedhealth Group, Inc.)• Philips• Mckesson• Cerner• Epocrates Inc.• Telecare Corporation• MEDISAFE• Set Point Medical• Doximity, Inc.• Koninklijke Philips N.V• Siemens HealthineerscRequest For View Sample eHealth Market Report Page:https://www.maximizemarketresearch.com/request-sample/3243The research report goes into detail on eHealth market revenue, parent market trends, macroeconomic indicators, governing variables, and market attractiveness by market segment.
The study gives an outline of the Instant eHealth growth rate for the forecast period, which is 2021.The research also evaluates the qualitative impact of major market drivers on different market segments and geographies.The market is segmented by product type, application, technology, and geography, according to the study.The research report seeks to provide an organized and methodical strategy for key industry factors that have influenced the market in recent years, as well as future market prospects that businesses can rely on.
It provides readers with clear market research to help them make better judgments and decisions about whether or not to invest.The research provides an in-depth study of the most prominent players who are projected to contribute to the growth of the eHealth throughout the forecast period, as well as an analysis of the future dynamics.The market report also provides an accurate assessment of the company strategies and business models that firms use to stay competitive and lead in the industry.
Mergers and acquisitions, partnerships, and collaborations are some of the most essential moves firms are taking to increase their regional and global reach.Furthermore, the players are releasing a new line of items to diversify their portfolio by incorporating cutting-edge technology into their operations.COVID-19 impact:The study has been updated to include the consequences of the current COVID-19 pandemic.
The paper examines these developments in-depth and presents an accurate projection estimate of market growth following the pandemic's impact.eHealth Market segment:The market has been segmented into segments such as product type and application, according to the report.Each segment is assessed based on its market share and growth rate.
The global eHealth market is driven by factors such as increase in technological developments, innovations, and rise in use of digital devices for addressing medical needs.
Pharmacy and hospitals enjoy a significant market share due to expanded services, increased market reach and competitive pricing for therapy and consultation.
eHealth industry in Europe gains a broader attention owing to home delivery services and use of apps to attend medical needs.
Market Segment: eHealth Service Outlook (Revenue, USD Billion, 2012 - 2022)• Monitoring Services• Vital Sign Monitoring• Special Monitoring• Adherence Monitoring• Accessories• Sensors• Others• Diagnosis Services• Healthcare System Strengthening• Others eHealth Type Outlook (Revenue, USD Billion, 2012 - 2022)• Electronic Health Record (EHR)• E-Prescribing• Clinical Decision Support• Telemedicine• Consumer Health Informatics• Health Management• mHealth• Healthcare Information System eHealth End-use Outlook (Revenue, USD Billion, 2012 - 2022)• Providers• Public and Private Insurers• Government• Healthcare Consumers eHealth Regional Outlook (Revenue, USD Billion, 2012 - 2022)• North America• U.S.• Canada• Europe• UK• Germany• Asia Pacific• Japan• China• Latin America• Brazil• MEA• South Africa Browse Full Research Report with TOC @ https://www.millioninsights.com/industry-reports/e-health-market Table of Content Chapter 1.
List of Data Sources Chapter 2.
E-Health Market - Value Chain Analysis3.6.
