eHealth Market Booming at high CAGR of 22.5% by 2025 with Top Key Players: GE Healthcare, Cerner, Allscripts, Mckesson, Philips, Siemens Healthineers, IBM, Optum, Medtronic

Global eHealth Market

The Global eHealth Market is expected to reach USD 206.64 Billion by 2025 from USD 40.75 Billion in 2018 growing at a CAGR of 22.5% during the forecast period of 2019 to 2025Major Market Competitors/Players are Motion Computing Inc., Epocrates Inc., Telecare Corporation, Medisafe, Set Point Medical, IBM, Doximity, Lift Labs, and Apple, GE Healthcare, Cerner, Allscripts, Mckesson, Philips, Siemens Healthineers, IBM, Optum, Medtronic, Epic Systems, Athenahealth, Cisco Systems among others.

Market Scenario

The report highly involves chapter wise explanation for every aspect of the market wherein the drivers, trends, opportunities, leading and trending segments are discussed in detail with specific examples. Profiles of leading players are also discussed along with their business expansion strategies.

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Major Market Drivers and Restraints:

  • Increase use of big data.
  • Scarcity of healthcare professionals
  • More emphasis on patient-centric healthcare delivery
  • High prevalence of chronic diseases
  • Increase in government initiatives supporting the use of eHealth solutions and services
  • Advancement in technology of eHealth
  • Refusal among medical professionals to adopt advanced eHealth solutions
  • High cost of deployment and maintenance of eHealth solutions

Market Definition:

eHealth refers to the electronic health and uses computer and internet to store and manage the medical records instead of  maintaining them on paper files. eHealth is also known as health information technology. eHealth strengthens the patient –physician relationship by providing valuable information. According to the U.S Bureau of Labor Statistics, employment of health information professionals will increase 22% by 2022. eHealth has various subdomains like Electronic Health Records (EHR), Electronic Medical Record (EMR), health IT systems, consumer health IT data, mobile health and big data systems used in digital health. As per of American Telemedicine Association (ATA) the number of mobile health (mHealth) patents has been increased multiple times from 2000 to 2015.

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The data provided in this eHealth Market report is presented in a well-structured manner that appropriately gives clarification of different raw numbers to the business. This report is produced by considering various advances that includes various market segments, abridging the kinds of information used to reach inferences, conveying research-based discoveries and after that finishing up with call for activity. The report helps to investigate and assess the market factors which act drivers and restraints of the market. The report is essential for businesses of all sizes and benefits everyone from small start-ups or established organizations.

Market Dynamics

 This global eHealth report includes the Market Dynamics which analyzes the drivers and restraints of the market and takes into account the various factors such as market obstacles, logistics, political and regulatory constraints or policy support.  The most relevant factors are identified and qualitatively described in this Section.

Market Segmentation:

  • The global eHealth market is segmented into product & service, end user and geography.
  • Based on product & service the global eHealth market is segmented into eHealth solutions and eHealth services. eHealth solutions is further segmented into electronic health records (HER)/ electronic medical records (EMR), pharmacy information systems, medical apps, laboratory information systems rigid (RIS), personal health record & patient portals, chronic care management apps, clinical decision support systems, telehealth solutions, healthcare information exchange (HIE), radiology information systems (RIS) e-prescribing solutions, cardiovascular information systems, other specialty information management systems. eHealth services is further sub-segmented into remote monitoring services diagnosis & consultation services, database management services, treatment services, healthcare system strengthening services.
  • Based on the end-user the global eHealth market is segmented into healthcare providers, pharmacies, healthcare payers, healthcare consumers and others end users. Healthcare providers is further sub-segmented into hospitals, ambulatory care centers, home healthcare agencies, nursing homes, and assisted living facilities
  • Based on geography the global eHealth market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others

Objectives of the report-:

  • To give top to bottom and bottom to up assessment of overall eHealth Market.
  • To provide detailed information of macro and micro elements that affects market growth.
  • To analyze the emerging trends along with significant drivers, challenges and possibilities.
  • To understand the future prospects of the overall market.
  • To present the market data in an easy to understand manner by performing segmentation.

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