eHealth Market: Global Market Analysis and Forecast (2022-2029) Trends, Statistics, Dynamics, Segmentation

eHealth Market was valued at US$ 250.70 Bn. in 2021. Global eHealth Market size is expected to grow at a CAGR of 22.7% through the forecast period.

eHealth Market Overview:

It is expected that this market would experience significant growth as a result of increased eHealth awareness among the general public and healthcare professionals, as well as evidence of the effectiveness of adopting this technology. However, it is expected that the necessity for safe infrastructure for data privacy and escalating security concerns would restrain the development of these services. Remote recording and remote sharing of medical records are made possible by the trend toward patient-centric care and the growing digitization of goods and services. Additionally, telemedicine services and mHealth apps make it possible to monitor numerous health markers at home, obviating the need for hospital visits. The use of patient-centric solutions for remote monitoring, consultation, diagnosis, treatment, and prevention is expected to rise as a result of its many advantages. eHealth Market To know about the Research Methodology:-Request Free Sample Report 2021 is considered as a base year to forecast the market from 2022 to 2029. 2020’s market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years' trends are considered while forecasting the market through 2029. 2020 is a year of exception and analysis especially with the impact of lockdown by region.

eHealth Market Dynamics:

Various eHealth solutions and services have been successfully and profitably substituted for manual methods of managing complex tasks as a result of several breakthroughs in the field of healthcare IT. For meeting strict regulatory standards and managing compliance risks, healthcare IT systems provide a number of advantages and capabilities. A paradigm shift in the eHealth Market is being brought on by the shifting regulatory requirements in the healthcare sector. The demand for eHealth technologies is expected to rise among many stakeholders in the upcoming years because they are an efficient approach to meeting the necessary care quality goals while lowering costs. The Patient Protection and Affordable Care Act have caused changes to Medicare, Medicaid, and private insurance in the US. EMR adoption has been mandated as part of these improvements to improve data interoperability by the Meaningful Use regulations of the American Recovery and Reinvestment Act (ARRA) and the Health Information Technology for Economic and Clinical Health Act (HITECH). As a result, US healthcare businesses are now more in need of diverse healthcare IT solutions. Additionally, the Merit-based Incentive Payment System (MIPS), which merged the various Medicare quality programs, was formed by the Medicare Access and CHIP Reauthorization Act (MACRA). These initiatives include the Medicare EHR Incentive Program, Value-based Payment Modifier, and Physician Quality Reporting Program (PQRS). Additionally, the General Data Protection Regulation (GDPR) (Regulation (EU) 2016/679) was jointly introduced by the European Parliament, the European Council, and the European Commission to enhance and harmonise data protection for all individuals inside the European Union (EU). This rule encouraged health settings to deploy interoperable solutions for safeguarding data portability provisions. Stakeholders in healthcare settings are increasingly adopting eHealth technologies like EHRs, health information exchange solutions, and cloud-based health data transfer services. Healthcare businesses may manage a variety of clinical and non-clinical operations more efficiently with the use of eHealth solutions and services. However, their effective use is mostly contingent on end users' desire to switch from conventional paper-based patient records to electronic alternatives, such as healthcare professionals. Currently, a lack of IT expertise is the main reason why many traditional healthcare practitioners (particularly in developing nations) are reluctant to employ eHealth solutions. The creation, maintenance, and use of electronic systems are seen by many medical practitioners as a time-consuming effort due to their lack of technological expertise and inability to operate sophisticated healthcare IT solutions. Additionally, they believe that using these remedies is a time-consuming effort with little to no clinical advantages. This makes healthcare practitioners reluctant to use cutting-edge healthcare IT solutions. Physicians are reluctant to embrace these systems due to their complexity and lack of user-friendliness in modern healthcare IT systems. Many doctors believe that using healthcare IT solutions is time-consuming and inhibits their ability to communicate with patients. Additionally, in remote locations, issues including a lack of internet technology and a dearth of professionals accessible to offer technical assistance are to blame for doctors' reluctance to utilize HCIT solutions. The adoption of eHealth solutions by healthcare organizations is being negatively impacted by all of these concerns. Most healthcare organizations are concentrating on offering specialized outpatient services in response to the growing pressures on health systems to reduce the cost of care. The usage of eHealth solutions is increasing as a result of the move to an outpatient care paradigm since these solutions offer a convenient method of providing healthcare. These tools make it simpler to get appointments and integrate care providers for an all-encompassing approach to care delivery. Additionally, these solutions assist doctors in meeting patient access needs and enable remote patient health monitoring. Due to the advantages of eHealth systems, numerous federal organizations are promoting their implementation in outpatient care settings. The primary reasons the healthcare sector is hesitant to implement eHealth technologies are potential regulatory concerns and legal liability. The exchange of patient data electronically expands the breadth and efficiency of healthcare services, but it also raises concerns about data loss and liability because of increased access. Due to HIPAA's mandated data privacy standards, worries about privacy and security have also grown (Health Insurance Portability and Accountability Act). Data breaches in healthcare organizations are typically committed by criminal acts and hackers. 90% of all healthcare businesses experienced a data breach in the previous two years, on average. Medical record breaches are the most common type of data breach in the healthcare sector with 64 % of assaults targeting medical files and roughly 45 % of attacks targeting billing and insurance records. The presence of a sizable number of healthcare IT companies, including Cerner Corporation (US), GE Healthcare (US), McKesson Corporation (US), Infor, Inc. (US), and Allscripts Healthcare Solutions, as well as the favourable regulatory environment, high adoption of HCIT solutions to reduce soaring healthcare costs, regulatory requirements regarding patient safety, and these factors can all be credited with the growth of the regional market (US).

eHealth Market Segment Analysis:

Based on Product, mHealth is expected to continue its lead in terms of revenue during the forecast period with a CAGR of about 27.0 %. This significant increase in mHealth can be linked to changing consumer tastes brought on by rising data consumption and demand, as well as the fast-expanding adoption of smartphones. Additionally, 3G and 4G enabled services like video calling and high-speed data transfer help with quick healthcare delivery. The eHealth market is divided into Electronic Health Records (EHR), health information systems, m-health, and big data for health based on the products it offers. Due to the growing use of EHR by both developed and developing countries, the EHR market is expected to grow favorably in the years to come. By providing quick access to patient records, enhanced decision support, clinical alarms, and real-time quality reporting, EHR enhances healthcare quality and delivers ease for healthcare professionals. These advantages helped electronic health records become more widely adopted across the globe. eHealth Market Based on the Service, The monitoring segment had the highest revenue share at more than 60.0 % in 2021. This market's growth is expected to be fueled by rising demand for self-monitoring devices, which automatically track a variety of physical activities and vital indicators while creating databases. The market has been divided into monitoring, diagnostic, healthcare strengthening, and other services based on services. Vital signs, specialty, adherence monitoring, and accessories are all included in the monitoring sector. Over the forecast period, the diagnostic services segment is expected to grow profitably with a CAGR of more than 15.0 %. Diagnostic services provide immediate connectivity to patients, aiding in the diagnosis of illnesses and other healthcare problems. This element is expected to increase demand for these services and stimulate the market.

eHealth Market Regional Insights:

The North American region dominated the market with a 50 % share in 2021. This is due to the accessibility of enabling infrastructure, such as high-speed internet. The favourable regulatory environment, high adoption of HCIT solutions to reduce soaring healthcare costs, regulatory requirements regarding patient safety, and the presence of a significant number of healthcare IT companies, such as Cerner Corporation (US), GE Healthcare (US), McKesson Corporation (US), Infor, Inc. (the US), and Allscripts Healthcare Solutions, can all be credited with the growth of the regional market (US). The Asia Pacific region is expected to witness significant growth at a CAGR of 22.5% through the forecast period. The Asia Pacific is expected to have profitable growth during the forecast period due to growing government assistance for enhancing healthcare infrastructure. The main drivers expected to accelerate the regional market growth over the forecast period are the presence of a sizable population base suffering from chronic illnesses and the high level of unmet patient medical demands. The objective of the report is to present a comprehensive analysis of the global eHealth Market to the stakeholders in the market. The past and current status of the market with the market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the market with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the market to the decision-makers. The reports also help in understanding the eHealth Market dynamic, structure by analyzing the market segments and projecting the eHealth Market size. Clear representation of competitive analysis of key players by Vehicle type, price, financial position, product portfolio, growth strategies, and regional presence in the eHealth Market make the report investor’s guide.

eHealth Market Scope: Inquire before buying

Global eHealth Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2029
Historical Data: 2017 to 2021 Market Size in 2021: US $ 250.7 Bn.
Forecast Period 2022 to 2029 CAGR: 22.7% Market Size in 2029: US $ 1288 Bn.
Segments Covered: by Product • Big Data for Health • Electronic Health Record • Health Information System • mHealth • Telemedicine
by Service • Monitoring • Diagnostic • Healthcare Strengthening • Others
by End User • Providers • Insurers • Government • Healthcare Consumers

eHealth Market, by Region

• North America • Europe • Asia Pacific • South America • Middle East and Africa

eHealth Market Key Players

• Allscripts • athenahealth • Epic Systems • IBM • GE Healthcare • Cerner • Optum • Philips • Siemens Healthineers • Cisco Systems • Motion Computing Inc. • Epocrates Inc. • Telecare Corporation • Medisafe • SetPoint Medical • Doximity • Lift Labs • Apple Frequently Asked Questions: 1] What segments are covered in the Global eHealth Market report? Ans. The segments covered in the eHealth Market report are based on Product, Service and End User. 2] Which region is expected to hold the highest share in the Global eHealth Market? Ans. The North America region is expected to hold the highest share in the eHealth Market. 3] What is the market size of the Global eHealth Market by 2029? Ans. The market size of the eHealth Market by 2029 is expected to reach US$ 1288 Bn. 4] What is the forecast period for the Global eHealth Market? Ans. The forecast period for the eHealth Market is 2022-2029. 5] What was the market size of the Global eHealth Market in 2021? Ans. The market size of the eHealth Market in 2021 was valued at US$ 250.7 Bn.
1. Global eHealth Market Size: Research Methodology 2. Global eHealth Market Size: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global eHealth Market Size 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global eHealth Market Size: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • Middle East and Africa • South America 3.12. COVID-19 Impact 4. Global eHealth Market Size Segmentation 4.1. Global eHealth Market Size, by Product (2022-2029) • Big Data for Health • Electronic Health Record • Health Information System • mHealth • Telemedicine 4.2. Global eHealth Market Size, by Services (2022-2029) • Monitoring • Diagnostic • Healthcare Strengthening • Others 4.3. Global eHealth Market Size, by End User (2022-2029) • Providers • Insurers • Government • Healthcare Consumers 5. North America eHealth Market (2022-2029) 5.1. North America eHealth Market Size, by Product (2022-2029) 5.1.1. Big Data for Health 5.1.2. Electronic Health Record 5.1.3. Health Information System 5.1.4. mHealth 5.1.5. Telemedicine 5.2. North America eHealth Market Size, by Services (2022-2029) 5.2.1. Monitoring 5.2.2. Diagnostic 5.2.3. Healthcare Strengthening 5.2.4. Others 5.3. North America eHealth Market Size, by End User (2022-2029) 5.3.1. Providers 5.3.2. Insurers 5.3.3. Government 5.3.4. Healthcare Consumers 5.4. North America eHealth Market, by Country (2022-2029) • United States • Canada • Mexico 6. Europe eHealth Market (2022-2029) 6.1. Europe eHealth Market, by Product (2022-2029) 6.2. Europe eHealth Market, by Services (2022-2029) 6.3. Europe eHealth Market, by End User (2022-2029) 6.4. Europe eHealth Market, by Country (2022-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific eHealth Market (2022-2029) 7.1. Asia Pacific eHealth Market, by Product (2022-2029) 7.2. Asia Pacific eHealth Market, by Services (2022-2029) 7.3. Asia Pacific eHealth Market, by End User (2022-2029) 7.4. Asia Pacific eHealth Market, by Country (2022-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa eHealth Market (2022-2029) 8.1. Middle East and Africa eHealth Market, by Product (2022-2029) 8.2. Middle East and Africa eHealth Market, by Services (2022-2029) 8.3. Middle East and Africa eHealth Market, by End User (2022-2029) 8.4. Middle East and Africa eHealth Market, by Country (2022-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America eHealth Market (2022-2029) 9.1. South America eHealth Market, by Product (2022-2029) 9.2. South America eHealth Market, by Services (2022-2029) 9.3. South America eHealth Market, by End User (2022-2029) 9.4. South America eHealth Market, by Country (2022-2029) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1. Apple 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Allscripts 10.3. athenahealth 10.4. Epic Systems 10.5. IBM 10.6. GE Healthcare 10.7. Cerner 10.8. Optum 10.9. Philips 10.10. Siemens Healthineers 10.11. Cisco Systems 10.12. Motion Computing Inc. 10.13. Epocrates Inc. 10.14. Telecare Corporation 10.15. Medisafe 10.16. SetPoint Medical 10.17. Doximity 10.18. Lift Labs

About This Report

Report ID 3243
Category Information Technology & Telecommunication
Published Date June 2022
Updated Date
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