The global electronic health (eHealth) market is growing at a swift pace and is projected to witness robust growth in the coming years. Technological developments, innovations, and the use of electronic devices are augmenting the global eHealth market. The increasing adoption of these systems by medical practitioners across the globe is anticipated to offer promising opportunities for prominent players in the market.
The Global eHealth Market is expected to reach USD 206.64 Billion by 2025 from USD 40.75 Billion in 2017 growing at a CAGR of 22.5% during the forecast period of 2018 to 2025.
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Leading Key Players: 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.
In developed markets, Internet of Things (IoT) for healthcare has been one of the major factors driving e-health market. In addition, the internet applications in healthcare have also increased by multiple times in past one decade. e-Health record, remote patient monitoring, and point of care diagnosis, with the help of devices interlinked between patient and doctor, are some major IoT-powered e-health solutions that have developed in the past few years. The adoption rate of incorporating IoT in healthcare is also increasing at a high pace in developed countries such as the United States, Canada, and Germany. Therefore, IoT and technology play a vital role in the growth of this market.
The research report offers its readers an in-depth analysis of the global eHealth market, presenting insights into the latest trends, lucrative opportunities, and projections for the market in the near future. Historical information and growth prospects pertaining to the global market have been discussed at length in the scope of the study. In addition, a comprehensive overview of the competitive landscape has been provided to offer a clear understanding of the overall market. The product portfolio and SWOT analysis of leading players operating in the global eHealth market have been highlighted in the research report.
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The global eHealth market has been gaining substantial popularity worldwide in the last few years. The growing awareness among hospitals and clinics regarding the benefits provided by eHealth systems is expected to accelerate the growth of the global market in the forecast period. Technological developments play a crucial role in the expansion of the global market. The rising use of tablets, smartphones, and laptops as a quick and easy mode of communication is likely to supplement the growth of the market.
On the flip side, concerns related to privacy and security of patient data and licensing issues are anticipated to restrict the growth of the global eHealth market in the next few years. In addition, the lack of reimbursement policies in developing nations is estimated to hamper the growth of the global eHealth market. Nevertheless, the rising focus of emerging nations on infrastructure development and key players making notable efforts to offer convenience for healthcare providers are predicted to generate promising growth opportunities for key players.
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Reasons to Purchase the Report
- A look at the current and future of the global e-health market in the developed and emerging regions.
- Analyzing various perspectives of the market with the help of Porter’s Five Forces Analysis.
- Identify the segment that is expected to dominate the market.
- Identify the regions that are expected to witness the fastest growth during the forecast period.
- Identify the latest developments, market shares, and strategies employed by the major market players.
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