EHealth market will benefit from the rising efficiency, accuracy, and access of healthcare IT systems

A Transparency Market Research study, titled “eHealth Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023”, offers the latest insights into the global eHealth market. In the recent past, the global eHealth market has experienced growth at a fast pace and the market is expected to witness steady growth in nearly all regions of the world.

In electronic health or eHealth, electronic means are used for healthcare practices. eHealth involves management and delivery of health-related information between healthcare professionals and patients using the Internet and telecommunication. It also draws from e-commerce and e-business to manage health systems. The use of IT and e-commerce by healthcare professionals is helping improve public health services significantly.

The global IT-enabled healthcare market is driven by the rising government initiatives and eHealth programs. Furthermore, the growing population of chronic patients is also fuelling the global eHealth market. The global eHealth market will benefit from the rising efficiency, accuracy, and access of healthcare IT systems. Technological advancement will shape the growth of the global eHealth market in the years to come. For instance, mHealth facilitates healthcare for those on quick communication devices such as tablet computers, mobile phones, and other forms of personal digital assistant (PDA).

Presently, eHealth applications have become an integral part of most of our lives as just an application available on our smartphones helps manage health records. eHealth apps, besides allowing record-keeping of crucial data, also allow flawless communication between healthcare providers and patients in remote regions. This has greatly decreased the need to commute to receive healthcare.

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Geography-wise, the global eHealth market is segmented into Europe, Asia Pacific, North America, and Rest of the World (RoW). The global eHealth market will witness good growth in the developed economies of North America and Europe. However, the eHealth market in developing economies of Asia Pacific and the Rest of the World is projected to witness strong growth in the foreseeable future. The expanding healthcare infrastructure in these regions will drive the demand for eHealth services in these regions.

Although the global eHealth market will expand significantly as it is in its development phase, there are several issues that will challenge its growth. Privacy concerns will suppress the growth of the global eHealth market. Furthermore, the lack of reimbursement in developing nations along with licensing issues will also challenge the global eHealth market.

Players in the global eHealth market will benefit from the growth opportunity presented by the emerging economies of Asia Pacific. The key companies operating in the global eHealth market are McKinsey & Company, Epocrates, Telecare Corporation, and Motion Computing.

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