The global eHealth market size is expected to hit around US$ 690 billion by 2030 and is anticipated to grow at a CAGR of 16.2% from 2021 to 2030.
The expansion of the eHealth market can be attributed to the increase in adoption of real time health systems (RTHS) and rising need for seamless communication in healthcare.
In terms of component, the solutions segment is anticipated to account for a notable share of the eHealth market
Based on solutions segment, electronic health records (EHR) is set to dominate the market during the forecast period. Additionally, telehealth is likely to remain the fastest growing solution during the forecast period.
IoT in Healthcare: An Opportunity
The adoption of IoT (Internet of Things) is resulting in the convergence of technology, hospitals, and hospital staff. IoT-enabled solutions collect information by integrating with IoT sensors, and wearable and connected patient monitoring devices. This data collection is carried out using applications such as electronic health records (EHRs). Physicians and clinical professionals can focus on leveraging the collected data to deliver the most appropriate clinical protocols for their patients with the digitalization of healthcare services.
In this role, eHealth solutions are likely to play a crucial role in converting the data collected via IoT-enabled devices into actionable information and insights for both patients and clinicians. This opportunity is set to help hospitals deliver the most patient-centric services, and maintain collaboration among the hospital staff to avoid cases of clinical crisis.
In terms of region, the global eHealth market has been divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America dominates the global eHealth market and accounted for 38.5% share at the end of 2020. It is estimated to maintain its dominance during the forecast period. Additionally, the eHealth market in North America is estimated to expand at a growth rate of 16.5% during the forecast period.
The eHealth market in Asia Pacific is projected to expand at the fastest CAGR of 19.4% during the forecast period, owing to technological advancements in healthcare services, specifically in China and Japan. The eHealth market in Europe and South America is anticipated to expand moderately during the forecast period.
The report provides in-depth segment analysis of the global eHealth market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries, which offer considerable opportunities or account for significant share has also been included as part of geographic analysis of the eHealth market.
The research study includes profiles of leading companies operating in the global eHealth market. Key players profiled in the report include Allscript Healthcare Solution, Inc., Cerner Corporation, Cisco Systems, Inc., Epic Systems Corporation, GE Healthcare Ltd, and Koninklijke Philips N.V.
Global eHealth Market: Segmentation
eHealth Market, by Component
eHealth Market, by End User
eHealth Market, by Region
This report focuses on eHealth market includes crucial information on market share, market size, and growth rate for the forecast period 2021 to 2030 at the global level, regional level and company level. From a global perspective, this report represents overall eHealth market size by analyzing historical data and future prospect. The study highlights deep analysis on the major drivers of the market, restraints, and challenges to help the business owners, suppliers, and marketing personnel in planning effective strategies for the forecast period. This will help the business and manufacturers to lead the market and gain prominent position in future. The report also presents vital information through graphical representation on factors like table, charts, and statistics. The study includes drivers and restraints of the global eHealth market.
The research not only conducts forecasts in terms of value, but also evaluates the market on the basis of essential parameters, such as Year-on-Year (Y-o-Y) growth. This helps providers to recognize the future opportunities as well predictability of the market.
In order to understand and assess opportunities in this market, the report is categorically divided into five key sections on the basis of segments. The report analyzes the global market in terms of value (US$ dollers) and volume (Million Units).
The research report includes specific segments by region (country), by company, by all segments. This study provides information about the growth and revenue during the historic and forecasted period of 2017 to 2030. Every segment is further sub-segmented into several sub-segmented that are deeply analyzed by experts to offer valuable information to the buyers and market players. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Major Key Points Covered in Report:
Executive Summary: It includes key trends of the eHealth market related to products, applications, and other crucial factors. It also provides analysis of the competitive landscape and CAGR and market size of the eHealth market based on production and revenue.
Production and Consumption by Region: It covers all regional markets to which the research study relates. Prices and key players in addition to production and consumption in each regional market are discussed.
Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the EHealth market.
Market Segments: This part of the report discusses about product, application and other segments of the eHealth market based on market share, CAGR, market size, and various other factors.
Research Methodology: This section discusses about the research methodology and approach used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.
The research report includes a detailed study of regions of North America, Europe, China, Japan and Rest of the World. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2017 to 2030. These analyses will help the reader to understand the potential worth of investment in a particular region.
The report provides in-depth segment analysis of the global eHealth market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries, which hold growth opportunities or account for significant share has also been included as part of geographic analysis of the eHealth market.
The report includes country-wise and region-wise market size for the period 2017-2030. It also includes market size and forecast by segments in terms of production capacity, price and revenue for the period 2017-2030.
Competitive Landscape and Market Share Analysis
The eHealth market competitive landscape provides details by vendors, including company overview, company total revenue (financials), market potential, global presence, eHealth sales and revenue generated, market share, price, production sites and facilities, SWOT analysis, product launch. For the period 2017-2020, this study provides the eHealth sales, revenue and market share for each player covered in this report.
The research methodology adopted by analysts for compiling the global eHealth market report is based on detailed primary as well as secondary research. With the help of in-depth insights of the market-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts for the global market.
During the primary research phase, analysts interviewed market stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. Based on data obtained through interviews of genuine resources, analysts have emphasized the changing scenario of the global market.
For secondary research, analysts scrutinized numerous annual report publications, white papers, market association publications, and company websites to obtain the necessary understanding of the global eHealth market.
The study objectives of this report are:
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