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eHealth Market

eHealth Market Size, Share & Segment by Product Type (Electronic Health Record (EHR), Big Data for Health, mHealth, Health Information Systems (HIS), Telemedicine), By Service Type (Monitoring Services, Diagnostic Services, Healthcare Strengthening), By End-use (Providers, Government, Insurers, Healthcare consumers), by Regions and Global Forecast 2022-2028

Report Id: SNS/HC/1822 | June 2022 | Region: Global | 125 Pages

Report Scope & Overview:

The eHealth Market Size was valued at USD 207.8 billion in 2021, and is expected to reach USD 631.2 billion by 2028, and grow at a CAGR of 17.2% over the forecast period 2022-2028.

E-health is a type of modern healthcare that makes use of electronic processes and communications. E-health, or medical informatics, is a promising topic in the intersection of public health and business. It enables patients to take an active role in their therapy, allowing them to get a better awareness of their illnesses and learn how to manage them more successfully. For health facilities and development, it uses telecommunications such as computers, mobile devices, and the internet. In both high- and low-income countries, it provides cost-effective healthcare delivery.

eHealth Market

E-health services entail the digitalization of the patient's medical record and its online sharing. Patients can now record and track their medical symptoms with the use of healthcare applications. People prefer to consult doctors using online interfaces, which has diminished the significance of actual hospitals to some extent. These apps also help with patient-centric services like monitoring, diagnosis, full treatment, and prevention. According to the E-Health Services Market Scenario, the utilisation of these services will skyrocket in the near future.

MARKET DYNAMICS

DRIVERS

  • The usage of eHealth technologies to handle regulatory compliance is becoming increasingly important.

  • There's a need to rein in rising healthcare prices.

  • Government initiatives to encourage the use of eHealth solutions and services are becoming more common.

  • Chronic illness is becoming more common.

  • Changes in healthcare delivery that are more patient-centered

  • Medical personnel are in short supply.

  • Big data usage is increasing.

RESTRAINTS

  • Doubts for medical professionals to use advanced eHealth solutions

  • eHealth solutions have a high cost of distribution and storage.

OPPORTUNITIES

  • Emerging markets provide prospects for growth.

  • Markets for mobile health, remote patient monitoring, and telehealth are growing.

  • Outpatient care institutions are increasingly using eHealth technologies.

CHALLENGES

  • IT experts are in short supply.

  • Privacy, licensing, and data breaches are all security considerations.

  • Integration of eHealth solutions, inefficiencies, and collaboration

IMPACT OF COVID-19

Coronavirus is a global pandemic that has affected people all over the world. Except for the pharmaceutical business, it has had a negative impact on all of the industries' operations. In practically every corner of the planet, there has been a complete lockdown, and people have been compelled to remain at home. Every country has closed their borders, making international travel impossible in the near future. Many people have lost their jobs as a result of the recent economic downturn. This has also had an impact on the e-health industry.

The Global E-Health Services Market Share is expected to expand significantly following the Covid19 issue. E-health service providers are now seeking to create digital solutions that benefit both doctors and patients.

The E-health services business is also growing as patients become more aware of generic medications and consultation apps. The government is promoting the adoption of E-health software and services, which require little or no physical contact.

By Product Type

MHealth is likely to retain its revenue control over the period of speculation. This significant growth in mHealth may be attributed to fluctuations in consumer preferences due to increased data usage and demand, as well as faster adoption of smartphones. In addition, 3G and 4G enabled services such as high-speed data transfer and video calling assistance in the immediate delivery of health care. The eHealth market is divided into Electronic Health Records (EHR), health information systems, m-health, and large inventory-based health data.

The EHR market is predicted to rise in the approaching years, owing to the growing use of EHR by both developed and emerging countries. In terms of quick access to patient records, increased decision assistance, clinical alarms, and real-time quality reporting, EHR enhances healthcare quality while also providing convenience to healthcare providers. These advantages have aided in the spread of electronic health records around the world.

By Service Type

The revenue share for the monitoring category was the highest. This category is predicted to develop in response to rising demand for self-monitoring devices that automatically record various physical activities and vital signs and build a database. Healthcare strengthening, Monitoring, diagnostic, and other services have been classified as segments of the market. Vital signs, specialised, adherence monitoring, and accessories are all included in the monitoring category.

Over the projected period, the diagnostic services market is expected to rise at a healthy pace. Diagnostic services provide patients with immediate access to information that aids in the diagnosis of illnesses and other medical problems. During the projected period, this aspect is expected to boost demand for these services and boost the market.

By End-use

The healthcare providers segment accounted for a significant portion of the total revenue. In respect of patient workflow and data management, eHealth is extremely beneficial to healthcare practitioners. In the next years, this is projected to help the industry flourish. The market is divided into healthcare providers, insurers, government, and healthcare consumers based on their end-users.

During the projected period, the insurer segment is expected to increase at a rapid pace. eHealth synchronizes all healthcare data, reducing the amount of paperwork that must be completed. It also contributes to a quicker resolution of claims. In the following years, such benefits are expected to contribute to growth.

COMPETITIVE LANDSCAPE

Some of the major key players of eHealth Market are as follows: Motion Computing Inc., Apple, Epocrates Inc., IBM, Telecare Corporation, SetPoint Medical, Medisafe, Doximity, and Lift Labs.

MARKET SEGMENTATION:

By Product Type

  • Electronic Health Record (EHR)

  • Big Data for Health

  • mHealth

  • Health Information Systems (HIS)

  • Telemedicine

By Service Type

  • Monitoring Services

  • Diagnostic Services

  • Healthcare Strengthening

By End-use

  • Providers

  • Government

  • Insurers

  • Healthcare consumers

eHealth Market

REGIONAL ANALYSIS

With the greatest revenue share, North America dominated the overall eHealth business.Asia Pacific, North America, Latin America, Europe, and the Middle East and Africa make up the eHealth market (MEA).

Due to increased government funding to build healthcare infrastructure, Asia Pacific is likely to see profitable growth during the projection period. The presence of a huge population base suffering from chronic illnesses, as well as the patient's significant unmet medical needs, are likely to propel regional market expansion throughout the projection period.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

 

eHealth Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 207.8 Billion
Market Size by 2028 US$ 631.2 Billion
CAGR CAGR of 17.2% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Product Type (Electronic Health Record (EHR), Big Data for Health, mHealth, Health Information Systems (HIS), Telemedicine)
• By Service Type (Monitoring Services, Diagnostic Services, Healthcare Strengthening)
• By End-use (Providers, Government, Insurers, Healthcare consumers)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Motion Computing Inc., Apple, Epocrates Inc., IBM, Telecare Corporation, SetPoint Medical, Medisafe, Doximity, and Lift Labs.
DRIVERS • The usage of eHealth technologies to handle regulatory compliance is becoming increasingly important.
• There's a need to rein in rising healthcare prices.
• Government initiatives to encourage the use of eHealth solutions and services are becoming more common.
RESTRAINTS • Doubts for medical professionals to use advanced eHealth solutions
• eHealth solutions have a high cost of distribution and storage.


Frequently Asked Questions (FAQ) :

eHealth market is divided in three segments and they are by product type, by service type, and by end use.

With the greatest revenue share, North America dominated the overall eHealth market.

Yes, this report covers qualitative and quantitative analysis.

The revenue share for the monitoring category was the highest. This category is predicted to develop in future.

eHealth Market Size was valued at USD 207.8 billion in 2021.


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of Ukraine ware

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

  

8. eHealth Market Segmentation, By Product Type

8.1 Electronic Health Record (EHR)

8.2 Big Data for Health

8.3 mHealth

8.4 Health Information Systems (HIS)

8.5 Telemedicine

 

9. eHealth Market Segmentation, By Service Type

9.1 Monitoring Services

9.2 Diagnostic Services

9.3 Healthcare Strengthening

 

10. eHealth Market Segmentation, By End-use

10.1 Providers

10.2 Government

10.3 Insurers

10.4Healthcare consumers

 

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 USA

11.2.2 Canada

11.2.3 Mexico

11.3 Europe

11.3.1 Germany

11.3.2 UK

11.3.3 France

11.3.4 Italy

11.3.5 Spain

11.3.6 The Netherlands

11.3.7 Rest of Europe

11.4 Asia-Pacific

11.4.1 Japan

11.4.2 South Korea

11.4.3 China

11.4.4 India

11.4.5 Australia

11.4.6 Rest of Asia-Pacific

11.5 The Middle East & Africa

11.5.1 Israel

11.5.2 UAE

11.5.3 South Africa

11.5.4 Rest

11.6 Latin America

11.6.1 Brazil

11.6.2 Argentina

11.6.3 Rest of Latin America

 

12.Company Profiles

12.1 Motion Computing Inc

12.1.1 Financial

12.1.2 Products/ Services Offered

12.1.3 SWOT Analysis

12.1.4 The SNS view

12.2 Apple

12.3 Epocrates Inc.

12.4 IBM

12.5 Telecare Corporation

12.6 SetPoint Medical

12.7 Medisafe

12.8 Doximity

12.9 Lift Labs

12.10 Allscripts

 

13.Competitive Landscape

13.1 Competitive Benchmark

13.2 Market Share analysis

13.3 Recent Developments

 

14.Conclusion

 

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Secondary Research

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