Life Sciences / E-Health Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players IBM, Allscripts Healthcare Solutions, GE Healthcare, McKinsey, Motion Computing
E-Health Market - Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players IBM, Allscripts Healthcare Solutions, GE Healthcare, McKinsey, Motion Computing
Acknowledging the kind of traction gained by this market, recently published a study report asserts the global E-Health Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of around 22.8% during the review period (2022 to 2027).
E-Health Market Overview
The healthcare industry is reluctant to adopt eHealth solutions primarily due to the potential regulatory apprehensions and legal liabilities. The electronic exchange of patient data offers greater reach and efficiency in healthcare delivery; however, issues related to data loss and liability due to broader access are associated with the electronic exchange of patient data.
Privacy and security concerns have also increased due to the data privacy requirements legislated through the HIPAA (Health Insurance Portability and Accountability Act). According to the Sixth Annual Benchmark Study on Privacy and Security of Healthcare Data by the Ponemon Institute, data breaches in healthcare enterprises are mostly carried out by criminal attacks and hackers. In the last two years, on average, 90% of all healthcare organizations witnessed one data breach. In the healthcare industry, medical record breaches hold the top spot in terms of the overall data breaches, with 64% of attacks focused on medical files and nearly 45% attacks targeting billing and insurance records.
IBM (NYSE: IBM) Watson Health and Healthcare IT Leaders today announced the integration of IBM Digital Health Pass with Healthcare IT Leaders Healthy Returns, a comprehensive suite of enterprise COVID-19 services.
What are the major Applications, Types and Regions for E-HealthMarket?
By Type, it is segmented into
EHR
ePrescribing
Telemedicine
Clinical Decision Support
Consumer health IT
Others
By Applications
Hospitals
Clinics
Others
E-Health Market Regional Analysis
In 2019, North America accounted for the largest share of 50.0% of the eHealth market. The growth of the regional market can be attributed to the favorable regulatory scenario, high adoption of HCIT solutions to curtail soaring healthcare costs, regulatory requirements regarding patient safety, and presence of a large number of healthcare IT companies, such as Cerner Corporation (US), GE Healthcare (US), McKesson Corporation (US), Infor, Inc. (US), and Allscripts Healthcare Solutions (US).
The Asia Pacific is expected to witness lucrative growth during the forecast period owing to increasing government support to improve healthcare infrastructure. The presence of a large population base suffering from chronic disorders and the high unmet medical needs of the patient are the major factors expected to expedite the regional market growth over the forecast period.
All these factors greatly affect the E-Health Market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
The E-Health Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global E-Health Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our E-Health Market report scope?
Report Attributes
Report Details
Forecast Period 2022 to 2028 CAGR
CAGR of 22.8 % during the review period (2022 to 2027).
By Type
EHR
ePrescribing
Telemedicine
Clinical Decision Support
Consumer health IT
Others
By Applications
Hospitals
Clinics
Others
Others
By Companies
IBM, Allscripts Healthcare Solutions, GE Healthcare, McKinsey, Motion Computing, Epocrates, Telecare, Proteus Digital Health, Boston Scientific, Cerner
Regions Covered
North America
Europe
Asia-Pacific
Rest of the World
Countries Covered
US
Canada
Germany
France
UK
Italy
Spain
Rest of Europe
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East & Africa
Latin America
Base Year
2022
Historical Year
2017 to 2021
Forecast Year
2022 to 2027
Number of Pages
107
Customization Available
Yes, the report can be customized as per your needs
Key Takeaways from this Healthcare IT Report
Evaluate E-Health Market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
Analyze the sales and distribution channels across geographies to enhance top-line revenues.
Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the E-Health Market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
Frequently Asked Questions
What is the study period of this market?
The E-Health Market is studied from 2017 - 2027.
What is the growth rate of E-Health Market?
The E-Health Market is growing at a CAGR of 22.8% over the next 5 years.
Who are the key players in E-Health Market?
IBM, Allscripts Healthcare Solutions, GE Healthcare, McKinsey, Motion Computing, Epocrates, Telecare, Proteus Digital Health, Boston Scientific, Cerner
What region does this E-Health Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of E-Health Market?
EHR, ePrescribing, Telemedicine, Clinical Decision Support, Consumer health IT,Others
What are the major Applications of E-Health Market?
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
