eHealth Market size was valued at USD 204.2 Billion in 2021, registering a CAGR of 17.2% during the forecast period (2022-2030), and the market is projected to be worth USD 851.9 Billion by 2030.
The application of information and communication technology (ICT) in health is widely characterised as e-health. Medical health records, medical applications, and telemedicine have all made extensive use of ICT. It is feasible to electronically store data linked to patients, personnel, and hospital finances using e-health. This has led in a shift in the way healthcare data is stored. Initially, data was manually recorded by healthcare personnel. On the other hand, a single unique identification number is now required, and all patient data is available in seconds. E-health has several advantages over traditional methods of clinical data administration, including the elimination of handwritten records and the facilitation of fast access to patient data.
eHealth Market Research Report” was just released by Market Research Community. It is divided into several categories, including By Product (Big Data for Health, Electronic Health Record (EHR), Health Information Systems (HIS), mHealth, Telemedicine), By Service (Monitoring Services, Diagnostic Services, Healthcare Strengthening, Others), By End Use (Healthcare Provider, Payers, Healthcare Consumers, Others) and companies (General Electric Company, InTouch Health, Athenahealth, Inc., Cisco Systems, Inc., UnitedHealth Group, Medtronic plc., Allscripts Healthcare Solutions, Inc., Koninklijke Philips N.V., Siemens Healthineers, International Business Machines Corporation), According to the analysis of Market Research Community, The market is projected to grow at a significant pace reaching a CAGR of approximately 17.2%, over the forecast period of 2022–2030.
The increased adoption of eHealth in the Healthcare IT industry is due to high workability, Stability of structure, good quality, and Demand for making things better. The demand for eHealth also has other significant aspects, such as analysis, purchasing volume, costs, pricing analysis, and regulatory framework. Additionally, the increased demand of eHealth in many sectors also boosts the market growth during the forecast period.
|Report Attributes||Report Details|
|Market Size in 2030 (USD Billion)||851.9 Billion|
|By Product||Big Data for Health, Electronic Health Record (EHR), Health Information Systems (HIS), mHealth, Telemedicine|
|By Service||Monitoring Services, Diagnostic Services, Healthcare Strengthening, Others|
|By End User||Healthcare Provider, Payers, Healthcare Consumers, Others|
|By Geography||North America, Europe, Asia Pacific, Latin America, Middle East and Africa|
|Key Players||General Electric Company, InTouch Health, Athenahealth, Inc., Cisco Systems, Inc., UnitedHealth Group, Medtronic plc., Allscripts Healthcare Solutions, Inc., Koninklijke Philips N.V., Siemens Healthineers, International Business Machines Corporation|
The COVID-19 pandemic has had a substantial negative influence on the eHealth market in many different regions of the world. The factors such as limited availability of raw materials, transportation restrictions, the shutdown of manufacturing facilities, and economic slowdown are the major impacts of COVID-19 which hampered the market growth. Shipments were impacted during the initial lockdown due to halted automotive productions and stringent government rules. The overall impact of COVID-19 on the industry is estimated to be minimal because the situation has stabilised. Post covid-19, there was a positive impact on the market growth due to the increased industrial manufacturing processes and rising demand for environment-friendly alternatives.
Industry Competitive Landscape:
The research includes comprehensive profiles of the key players in the market and an analysis of the competitive landscape. The market for sample preparation has grown more quickly as a result of the spike in research and development (R&D), product innovation, different business strategies, and application releases. Key players in the market include-
General Electric Company, InTouch Health, Athenahealth, Inc., Cisco Systems, Inc., UnitedHealth Group, Medtronic plc., Allscripts Healthcare Solutions, Inc., Koninklijke Philips N.V., Siemens Healthineers, International Business Machines Corporation
Market Segment Analysis:
- Big Data for Health
- Electronic Health Record (EHR)
- Health Information Systems (HIS)
- Vital Signs Monitoring
- Specialty Monitoring
- Adherence Monitoring
By End User
- Healthcare Providers
- Healthcare Consumers
The regional segment includes Asia Pacific, Europe, North America, the Middle East, and Africa, Latin America. In 2021, some of these regions expected to contribute the largest share during the forecast period.
The factors such as the large and easy availability of basic things, rising purchasing power among the population, and favorable government policies and industrial facilities are estimated to accelerate the industry growth in the region. The growing rate of industrialization is anticipated to boost the presence of eHealth industries in the region.
Key eHealth Market Trends
– Based on type, sub-type, technology utilised, applications, end-users, and geographies, the research identifies, defines, and predicts the Global eHealth Market segments.
– Largest Market Share Held by Industry to Industry for eHealth
– Based on their expected growth, development patterns and prospects for the future, and contributions to the overall market, it analyses the micro markets.
– Demand from the geographical area is estimated to boost growth.
– Growing Market Segment Adoption in the eHealth Industry
– Over the forecast period, higher growth rates are anticipated in in some regions
Why Purchase the Industry Report by MRC
There is a huge amount of information in the report, including market trends and business opportunities for the forecast period.
Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) statistics.
Data at the regional, sub-regional, and national levels also includes information on the market’s supply and demand dynamics.
The competitive landscape includes the proportions of important players, recent innovations, and strategy.
Comprehensive product offerings, important financial data, latest advancements, SWOT analysis, and key player tactics.
Table of Content
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