EConsent in Healthcare Market is to grow at a 11.8 % CAGR, with the United States leading the market through 2030

The EConsent in Healthcare Market is expected to reach USD 1030.33 Bn by 2030. The EConsent in Healthcare Market is driven by the increasing adoption of digital healthcare solutions, rising regulatory compliance requirements, the need for streamlined patient consent management, enhanced data security measures, and the growing use of telemedicine and remote patient monitoring.

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EConsent in Healthcare Market to Hit USD 1030.33 Bn by 2030

The EConsent in Healthcare Market was USD 471.94 Bn in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 11.8 % from 2023 to 2030, reaching USD 443.77 Bn by 2030. The increasing adoption of eConsent in healthcare is a pivotal driver of progress within the industry, particularly in the context of drug development and clinical trials. Traditionally, obtaining informed consent for clinical trials relied on paper-based consent forms, a method marred by its time-consuming and inefficient nature. However, eConsent presents a modern, efficient, and secure alternative, significantly streamlining the consent acquisition process.

EConsent in Healthcare Market Segmentation

By Type: On-premises solutions offer high security and customization for large healthcare institutions but require significant investment, while cloud-based solutions provide cost-effective, scalable, and easily accessible options, making them ideal for telehealth and clinical trials.

By Application: Consumer electronics integrate eConsent in wearables and health apps for secure data collection. Clinical trials benefit from streamlined consent management and improved compliance, while medical procedures use eConsent for legally binding digital approvals. In telehealth and remote monitoring, eConsent ensures secure patient authorization for digital healthcare services, and in data sharing & HIE, it facilitates secure medical record exchange, enhancing interoperability and regulatory compliance.

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EConsent in Healthcare Market Regional Analysis

In North America, In 2023, the North American eConsent in healthcare market was valued at approximately USD 200.6 million, with projections indicating a compound annual growth rate (CAGR) of 10.1% over the forecast period. This growth is attributed to the widespread adoption of digital health records and electronic processes, as well as the rise of telehealth and remote care services.

The European As of 2023, the global eConsent in healthcare market was valued at approximately USD 432.15 million, with projections indicating a compound annual growth rate (CAGR) of 11.3% from 2024 to 2030.urope is expected to contribute significantly to this growth, owing to the increasing adoption of digital health solutions across the region. The European eConsent in healthcare market is poised for continued growth, driven by ongoing digital transformation efforts, supportive regulatory frameworks, and an increasing focus on patient engagement. As healthcare organizations continue to prioritize efficiency and compliance, the adoption of eConsent solutions is expected to rise, further solidifying the region's position in the global market.

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EConsent in Healthcare Market Competitive Landscape

Epic Systems: In 2023, Epic Systems Corporation introduced a web-based eConsent module integrated within their comprehensive electronic medical record (EMR) system. This product launch aimed to provide a seamless consent management solution for Epic's extensive customer base.

Asker Healthcare Group: The Swedish Asker Healthcare Group was notably active in 2023, particularly in the DACH region (Germany, Austria, and Switzerland). The group pursued a strategy of building a diversified European healthcare conglomerate by acquiring companies specializing in medical consumables, devices, and services.

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Conclusion

The transition from traditional paper-based consent to digital EConsent solutions is enhancing efficiency, security, and compliance in clinical trials, medical procedures, and telehealth services.
EConsent solutions are widely used across healthcare, including clinical trials, remote patient monitoring, data sharing, and wearable health applications, ensuring secure and efficient patient authorization.

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