Acknowledging the kind of traction gained by this market, Industry Data Analytics recently published a study report asserts the global EHealth Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 18.2% during the review period (2022 to 2027).
E-health refers to the usage of information and communication technology (ICT) in the healthcare sector. The information and communication technology (ICT) is being extensively utilized in the form of medical apps, medical health records, and telemedicine.
It is possible to electronically store the data related to patients, staff, and finance of hospitals with the help of e-health. This has caused in transformation in the means of storage healthcare data. Primarily, data was detailed manually by the healthcare staff. On the other hand, currently, single unique identification number is required to be entered and all the data of patients is accessible within seconds. It offers multiple benefits over conventional methods of clinical data management such as it prevents the use of manual records and facilitates timely access to patient data. Furthermore, automated and interoperable healthcare information systems are anticipated to improve medical care, reduce healthcare costs, increase efficiency, reduce error, and enhance patient satisfaction, while optimizing reimbursement for ambulatory and inpatient healthcare providers.
The changing regulatory requirements in the healthcare industry are resulting in a paradigm shift in the Market. As eHealth tools are an effective way to succeed the required care quality goals while reducing costs, their demand is anticipated to increase among numerous stakeholders in the coming years. The shift toward the outpatient care model is increasing 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 complete response toward care delivery. In addition, these solutions help physicians in addressing patient needs and permit the remote monitoring of the patient’s health. Owing to the benefits of eHealth solutions, numerous federal bodies are also supporting the deployment of eHealth solutions in outpatient care settings.
Industry Developments:
Jan 2021 : Medisafe, announced a new initiative with Everyday Health to launch new condition-specific resource centers through the Medisafe platform. With 40% of patients turning to digital resources to help manage their chronic conditions, the new digital resource centers will feature healthcare guidance, condition-specific news coverage and living-with information to support patients managing their condition.
Jan 2019, Cerner Corporation collaborated with ResMed. This collaboration helped improve the connection between healthcare systems and home care by integrating the Brightree Home Health and Hospice platform with Cerner’s Millennium EHR.
The EHealth Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, and the prices they charge. These are the main players in this market includes Epocrates Inc., Telecare Corporation, MEDISAFE, Set Point Medical, IBM, Doximity, Inc., GE Healthcare, Cerner Corporation, Allscripts, McKesson Corporation, Koninklijke Philips N.V, Siemens Healthineers, Optum, Inc., Epic Systems Corporation., Athenahealth, and Cisco Systems, and others.
EHealth Market is segmented based on the end user, Types, companies and regions.
BY TYPE
BY END USER
North America has engaged most of the e-health market share in previous year and is anticipated to dominate in the forthcoming years. The presence of a digitally maintained population, accessibility of encouraging infrastructures like high-speed internet, and dissimilar steps were taken by the government of American Health fuel market growth. The United States eHealth market is currently meaningfully contributing to the North American market.
Europe is the second region, followed by North America for the global market credited to advanced technologies and the existence of some key players. The European eHealth market is principally driven by aspects like advanced technologies and the presence of some major players in the industry. Growing demand for new technologies, systems for effective management of chronic illnesses such as diabetes, orthopedics, and cancer is majorly boosting the eHealth market's growth rate.
Latin America is observed to have constant growth over the period. The increase is accountable for the growing demand for the health management of people and the requirement to reduce healthcare costs. On the other hand, aspects like utilization problems, privacy, and security concerns are predictable to hamper the market of Latin America.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 18.2% during the review period (2022 to 2027). |
By Types |
|
By Application |
|
By Companies | Epocrates Inc., Telecare Corporation, MEDISAFE, Set Point Medical, IBM, Doximity, Inc., GE Healthcare, Cerner Corporation, Allscripts, McKesson Corporation, Koninklijke Philips N.V, Siemens Healthineers, Optum, Inc., Epic Systems Corporation., Athenahealth, and Cisco Systems |
Regions Covered |
|
Countries Covered |
|
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 109 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The EHealth Market is studied from 2017 - 2027.
What is the growth rate of EHealth Market?
The EHealth Market is growing at a CAGR of 18.2% over the next 5 years.
Who are the leading key players in EHealth Market?
Epocrates Inc., Telecare Corporation, MEDISAFE, Set Point Medical, IBM, Doximity, Inc., GE Healthcare, Cerner Corporation, Allscripts, McKesson Corporation, Koninklijke Philips N.V, Siemens Healthineers, Optum, Inc., Epic Systems Corporation., Athenahealth, and Cisco Systems
What regions regions does this EHealth 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 EHealth Market?
Electronic Health Records (EHR), Vendor Neutral Archive (VNA) and Picture Archiving & Communications Systems(PACS), Laboratory Information Systems (LIS), Telehealth, Prescribing Solutions, Medical Apps, Clinical Decision Support Systems (CDSS), Pharmacy Information Systems, Others
What are the significant Applications of EHealth Market?
Healthcare Providers, Payers, Healthcare Consumers, Others
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.
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.
Reach us with your research requirements and we shall provide the optimum solution to suit your needs.
Discounts available for multiple report purchases.