eHealth Software and Services Market Latest Development with Key Manufacturers Analysis - McKesson Corporation, eHealth Technologies, GE Healthcare

The recent outbreak of pandemic is a prime factor fostering the growth of the eHealth software and services market. For instance, in August 2020, there have been 18,318,928 confirmed cases of COVID-19, including 695,043 deaths, globally, as reported to World Health Organization. The increasing launch of innovative eHealth software and services is again expected to aid in the growth of the market. For instance, in June 2020, Fitbit launched a new Ready for Work solution that gives employees access to key health metrics from their Fitbit device along with exposure, symptom, and temperature logging, to help employers with the unprecedented challenge of returning to the workplace during the COVID-19 pandemic.

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The report on the global eHealth Software and Services Market provides complete insight into key players [McKesson Corporation, eHealth Technologies, GE Healthcare, Johnson and Johnson Healthcare Systems, Inc., Aerotel Medical Systems, Ltd., Siemens AG, Allscripts Healthcare Solutions, Inc., E*HealthLine.Com, Inc., AT&T Inc., RamSoft, Apple, Inc., Fitbit, Sectra, Doctor on Demand, Evident, eRAD, AdvancedMD, and KareXpert Technologies.] that are functioning in the market. They are classified on the basis of their geographical presence, product portfolio, business segments, and their revenue. The report also puts light on major key drivers, restrains, opportunities, and challenges that may impact the growth of the market. The driving factors mentioned in the report are a set of in-depth analysis of the presence of market players, new product launches, regional government policies & regulations, and current market trends. Market restrains are provided in the report by a thorough analysis of several factors including the cause of low demand of the product, import-export policies, and percentage of disposable income.

On the other hand, low adoption of the internet across emerging economies is projected to restrict the growth of the global eHealth software and services market. According to Pew Research Center (October 2019), Sub-Saharan Africa has a lower level of internet use than any other geographic region, ranging from a high of 59% in South Africa to a low of 25% in Tanzania.

1. In December 2019, Evident, a member of the CPSI and a provider of electronic health record (EHR) systems and services, and Sunnybrook Health Sciences Center announced that Sunnybrook and CPSI have signed definitive agreements to create a first-of-its-kind, Canadian-made Hospital Information System (HIS) solution

2. In December 2019, eRAD, a U.S.-based provider of radiology products and services, presented its EHR-Certified RIS at Radiological Society of North America (RSNA) 2019, held in Chicago (U.S)

3. In February 2020, RamSoft demonstrated its RamSoft, a cloud-based solution that offers EMR integration and open access to imaging data, at the 2020 Healthcare Information and Management Systems Society (HIMSS) meeting.

Europe is expected to hold a leading position in the global eHealth software and services market and this is attributed increasing launch of telemedicine programs in the region. For instance, in March 2020, UK HealthCare launched a new telemedicine program to help prevent the spread of the novel coronavirus.

Electronic Health Records (EHR) software and services are new solutions that make patient records easier to access and update by the users. The use of electronic health records ensures that all the medical details pertaining to a patient are maintained in a database system that is accessible by health care professionals for clinical and other financial purposes. The electronic health record system also known as EHR software and services includes a variety of solutions including patient appointment scheduling, billing, client data management, insurance claims processing, patient education, and medical credentialing.

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