eHealth Market Size Is Projected to Reach USD 270 Billion at a 12.9% CAGR By 2023

E-health services Information, by types (EHR, ePrescribing, Telemedicine, big data systems, Clinical Decision Support, Consumer health IT) by service (Administrative ,Clinical, Financial) by end user (hospitals, clinics and others)-Forecast to 2023

The preeminent market driving factor of the global eHealth Market is the advantages that eHealth services offer over conventional methods of clinical data management. Such advantages include avoidance of manual records, saving the paper, and timely access to patient data. Other factors driving the eHealth Market growth include the availability of infrastructure for implementation of eHealth, extensive use of software and ICT healthcare, improvement in quality, reduced cost, and lastly, safe, and adequate storage of data. However, the cost of installation of eHealth service can restrain the market.

Global eHealth Market size is anticipated to reach USD 270 Billion at a 12.9% CAGR by 2023. eHealth is known for its excellent management of healthcare organizations using information & communication technology (ICT) as resource. In the medical sector, ICT is used in the form of medical health records and telemedicine.

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eHealth Market Regional Insights

A geographical outlining of the global eHealth Market covers Europe, the Americas (North America & South America), Asia Pacific, and the Middle East & Africa (MEA).

North America alone can emerge as the largest regional market due to the extensive use of software for data management and concentration of significant market players in the USA. This makes North America bigger than South America in terms of market revenue. Maximum market revenue is generated in the USA. Availability of advanced medical facilities in the USA and Canada is the second reason for strengthening the market growth in North America. Therefore, the mere presence of North America makes the Americas the largest regional market.

Europe is the second-largest market, primarily due to technological advancement and the presence of some prominent market players. Due to reasons, same as the Americas, Europe is scoring well, more specifically Western Europe. The pressing country-specific markets in this region include France, Germany, Italy, Spain, and the UK.

During the forecast period, the Asia Pacific region can rise as the fastest growing regional market due to growing infrastructure and improving standard of medical facilities available here. The largest country-specific markets in this region are Australia, China, India, Japan, and South Korea.

The MEA region can experience steady growth during the forecast period as internet facilities are improving a lot in the Middle East segment and a little bit in Africa. Low per capita income keeps the market growth slow. The vital country-specific markets in this region are Kuwait, Oman, Qatar, Saudi Arabia, and the UAE.

eHealth Market Segmentation

The global eHealth Market segmentation encompasses end-user, service, and types.

Regarding end-users, this market has been segmented into clinics, health insurance companies, hospitals, and others. By types, the market has been segmented into various technologies that include big data systems, clinical decision support system (CDSS), consumer health information technology (IT), electronic health records (EHR), e-prescribing & telemedicine, and knowledge management system (KMS).

In the context of service, the market has been segmented into administrative services, clinical services, and financial services. The administrative services segment has been sub-segmented into workforce management and others. The clinical services segment has sub-segmented into applied intelligence, care delivery management, enterprise imaging, health cloud, and others. The financial services segment has been sub-segmented into financial risk management and revenue cycle management.

eHealth Market Key Players

Prominent players in the global eHealth Market include Allscripts Healthcare Solutions Inc. (USA), Apple (USA), Boston Scientific Corp (USA), Cerner (USA), Epocrates Inc. (USA), GE Healthcare (USA), IBM Corporation (USA), McKinsey & Co. (USA), Motion Computing Inc. (USA), Proteus Digital Health (USA), and Telecare Corp. (USA).

eHealth Industry News

India-based eHealth service provider HealthAssure has secured funding worth USD 2.5 Mn. This is expected to help the company in pervading the regional market with substantial innovation. New entrants are expected to make the regional market a competitive one.

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Table of Content:

1 Report Prologue

2 eHealth Market Introduction

Definition
Scope Of The Study
Research Objective
Assumptions
Limitations
Market Structure
Market Segmentation

3 eHealth Market Research Methodology

Introduction
Primary Research
Secondary Research
Market Size Estimation
Forecast Model

4 eHealth Market Factor Analysis

Threat Of New Entrants
Threat Of Substitutes
Porter’s Five Forces Analysis
Bargaining Power Of Suppliers
Bargaining Power Of Buyers
Intensity Of Rivalry
Value Chain Analysis
Investment Opportunities
Up-Coming Trends In Healthcare BPO Market

5 eHealth Market Dynamics

Drivers
Restraints
Opportunities
Macroeconomic Indicators
Trends & Assessment

TOC Continued………………………

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