eHealth 2.0 Market Expansion Outlook: $686.26 Billion in 2029

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What Is the Projected CAGR for the eHealth 2.0 Market from 2024 to 2025?
The market size of eHealth 2.0 has seen significant expansion in the recent years. With the current trajectory, the market is expected to escalate from $382.43 billion in 2024 and reach a worth of $430.73 billion in 2025, experiencing a compound annual growth rate of 12.6%. The growth witnessed in the previous years can be credited to factors like increased digital health literacy, rising utilization of health-focused wearables, expanding government backing for eHealth projects, higher integration of ICT in the healthcare sector, and growing trend of teleconsultation platforms.

What are the Expected Market Size and CAGR for eHealth 2.0 by 2029?
The eHealth 2.0 sector is forecasted to experience accelerated expansion in the upcoming years, with projections indicating that the market will reach $686.26 billion in 2029, growing at a compound annual growth rate (CAGR) of 12.3% . The growth within the forecast period can be credited to an uptake in AI utilization in healthcare, increased interest in personalized medicine, a surge in finances funnelled into digital health startups, the rising use of blockchain for health data protection, and a shift towards more patient-focused care. Dominant trends during the forecast period impact include the progression in remote monitoring technologies, creation of virtual health assistants, introduction of new mobile health app functionalities, improvement in interoperability standards, and the application of predictive analytics in healthcare.

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Which Factors Are Driving the Global eHealth 2.0 Market Expansion?
The demand for remote patient monitoring is likely to spur growth in the eHealth 2.0 market. This technology employs digital tools to gather and share patient health data beyond the confines of clinical environments, facilitating quick interventions and reducing hospital admissions. Some factors driving the increasing demand for remote patient monitoring includes the growing prevalence of long-term health conditions, enabling on-going health surveillance, allowing for early intervention, and decreasing the necessity for regular hospital visits. In the eHealth 2.0 context, remote patient monitoring delivers real-time health data beyond clinical settings, allowing for personalized and preventive healthcare. It provides immediate insights for preemptive actions, helping to lighten hospital workloads and enhancing patient engagement. A case in point is in August 2023, Vivalink, a health technology firm based in the United States reported that 81% of clinicians have embraced remote patient monitoring - a substantial increase from 20% in 2021, equating to a 305% surge. Additionally, 84% of those already using RPM plan to widen their application of the technology in 2024. Consequently, the mounting demand for remote patient monitoring is fuelling the growth of the eHealth 2.0 market.

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Which Segment Currently Holds the Largest Share of the eHealth 2.0 Market?
The ehealth 2.0 market covered in this report is segmented -

1) By Type: Telemedicine, Electronic Health Records (EHRS), E-Prescription, Remote Patient Monitoring, Mobile Health (mHealth), Health Information Exchange (HIE), Other Types
2) By Service: Monitoring, Diagnostic, Treatment
3) By End-User: Healthcare Providers, Insurers, Other End-Users

Subsegments:
1) By Telemedicine: Real-time Telemedicine, Store-And-Forward Telemedicine, Remote Patient Monitoring Telemedicine, Mobile Health (mHealth) Telemedicine
2) By Electronic Health Records (EHRs): Web-Based Electronic Health Records (EHRs), Client Server-Based Electronic Health Records (EHRs), Hybrid Electronic Health Records (EHRs)
3) By E-Prescription: Controlled Substances E-Prescription, Non-Controlled Substances E-Prescription, Renewal And Refill E-Prescription
4) By Remote Patient Monitoring: Chronic Disease Monitoring, Post-Acute Care Monitoring, Wearable Device Monitoring
5) By Mobile Health (mHealth): Fitness And Wellness Apps, Chronic Disease Management Apps, Medication Management Apps, Women's Health Apps
6) By Health Information Exchange (HIE): Directed Exchange, Query-Based Exchange, Consumer-Mediated Exchange
7) By Other Types: Clinical Decision Support Systems, Medical Imaging Systems, Patient Portals, Healthcare Analytics Platforms

Which Major Trends Are Shaping the Future of the eHealth 2.0 Industry?
Key businesses in the eHealth 2.0 market are centering their efforts on creating state-of-the-art technology, such as digital platforms for tracking health and fitness parameters, with an aim to improve patient interaction and encourage proactive health management. These digital tools for health and fitness monitoring are designed to provide ongoing monitored data on vital health parameters, activity status, and overall wellbeing. They enable individuals and healthcare experts to better handle health issues, set targets, and make more informed decisions regarding preventive healthcare. A case in point is the state-of-the-art HUAWEI TruSense System introduced by Huawei Technologies Co., Ltd., a Chinese firm specializing in health tracking devices, in August 2024. This system is intended to provide more precise, holistic, and real-time health data for wearable devices. TruSense uses a combination of sophisticated sensors and algorithms to track over 60 health metrics, including heart rate, levels of stress, emotional condition, respiratory wellness and calorie accounting, resulting in quicker and more comprehensive health evaluations than previous systems.

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Which Key Players Dominate the eHealth 2.0 Industry Globally?
Major companies operating in the ehealth 2.0 market are CVS Health, Optum Inc., International Business Machines Corporation, Oracle Corporation, Siemens Healthineers, GE Healthcare, Athenahealth, Teladoc Health, eClinicalWorks, Telecare Corporation, Veradigm, Doximity, American Well, Greenway Health, Tebra Technologies Inc., AdvancedMD, Doctor on Demand, Medisafe, AMD Global Telemedicine, CompuMed Inc.

What Are the Fastest-Growing Regions in the eHealth 2.0 Market?
North America was the largest region in the eHealth 2.0 market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ehealth 2.0 market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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