Global market size-
According to the new market research report eHealth Market is expected to reach $193.8 billion by 2025, at a CAGR of 22.8% during the forecast period.
Market growth influenced due to following factors-
- Growing need to manage regulatory compliance through the use of eHealth solutions.
- The need to curtail escalating healthcare costs.
- Increasing government initiatives supporting the use of eHealth solutions and services.
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Leading Players-
The players in the eHealth market include Allscripts (US), athenahealth (US), Epic Systems (US), IBM (US), GE Healthcare (US), Cerner (US), Optum (US), Philips (Netherlands), Siemens Healthineers (Germany), McKesson (US), Medtronic (Ireland), and Cisco Systems (US).
Top Market Segments-
By type of eHealth solutions market, the chronic care management apps are expected to register the highest CAGR during the forecast period. This can be attributed to the growing incidence of chronic diseases, high penetration of mobiles, and increasing adoption of mHealth solutions owing to various benefits such as ease of use and reduced costs offered by these solutions across the globe.
Based on type of eHealth services market, the remote monitoring services segment is expected to register the highest CAGR during the forecast period. This can be attributed to the increasing incidence of chronic diseases across the globe and the widespread preference of patients for home healthcare and rehabilitation due to the convenience of these services.
Opportunity:
In response to the rising pressures on health systems to lower the cost of care, a majority of healthcare organizations are focusing on introducing specialized outpatient services. The shift toward the outpatient care model is boosting the adoption of eHealth solutions, as these solutions provide a convenient way of care delivery. These solutions provide easier access to appointments and integration among care providers for holistic response toward care delivery.
In addition, these solutions help physicians in addressing patient needs (for access) and allow the remote monitoring of the patient’s health. Owing to the benefits of eHealth solutions, various federal bodies are also supporting the deployment of eHealth solutions in outpatient care settings.
For instance, the Government of New South Wales (NSW), through its Community Health and Outpatient Care program is still operational as a part of eHealth Strategy for NSW Health: 2016–2026, which focuses on implementing EMR solutions in outpatient care facilities operating throughout NSW. This has boosted the adoption of eHealth solutions among stakeholders in outpatient care facilities to deliver better health services and help enhance patient outcomes.
Challenges:
The complexity of advanced healthcare IT systems and the lack of user-friendliness have further contributed to physicians’ reluctance to adopt these systems. Many physicians regard the use of healthcare IT solutions as a time-consuming task and perceive them as hampering their interaction with patients. Moreover, in rural areas, factors such as the lack of broadband technology as well as a shortage of experts available to provide technical assistance are responsible for physicians being reluctant about adopting HCIT solutions. All these factors are adversely affecting the uptake of eHealth solutions by healthcare organizations.
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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.
