The new report by Expert Market Research titled, ‘Global eHealth Market Report and Forecast 2021-2026’, gives an in-depth analysis of the Global eHealth Market, assessing the market based on its segments like type, end-user, and region. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
- Historical Market Size (2020): USD 84.4 Billion
- Forecast CAGR (2021-2026): 15.3%
- Forecast Market Size (2026): USD 198.3 Billion
Market Overview (2016-2026)
Electronic health records (EHR) held a major proportion of the market and are expected to increase steadily during the projection period. The expansion can be attributed to EHR’s provision of complete, accurate, and up-to-date information about patients at the point of service. EHR helps clinicians diagnose patients more efficiently and effectively, eliminate medical errors, and deliver safer treatment by ensuring the security of the information exchange system. Furthermore, with streamlined coding and invoicing, EHR promotes legible, comprehensive, and accurate documentation. As a result, these factors, combined with growing awareness of the healthcare convenience provided by EHR, are expected to be the market’s driving forces over the forecast period. Meanwhile, due to its potential to provide quality healthcare wherever telecommunication technologies are accessible, the telehealth industry is expected to take a significant portion of the market.
Industry Definition and Major Segments
The application of information and communication technology (ICT) in the field of healthcare is referred to as eHealth. It enables for the enhancement of healthcare infrastructure and the provision of increased healthcare services via computers, the internet, and mobile devices.
Based on their type, they can be categorised as:
- Electronic Health Records (EHR)
- VNA and PACS
- Laboratory Information Systems (LIS)
- Telehealth
- Prescribing Solutions
- Medical Apps
- Clinical Decision Support Systems (CDSS)
- Pharmacy Information Systems
- Others
On the basis of end-user, the market is segmented into:
- Healthcare Providers
- Payers
- Healthcare Consumers
- Others
On the basis of region, the market is segmented into:
- North America
- Europe
- Asia
- Latin America
- Middle East and Africa
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Market Trends
The expanding digitisation of healthcare is driving the worldwide eHealth industry, which aims to improve patient comfort. The use of sophisticated technologies speeds up the diagnostic process, protects patient data, and lowers healthcare expenses, while also providing patients with dependable, simplified, and accurate documentation. Patients can use mhealth applications and telemedicine services to monitor numerous health metrics from the comfort of their own homes thanks to eHealth. The increased adoption of computers, cell phones, laptops, and tablets are expected to drive demand for eHealth over the forecast period.
Key Market Players
The major players in the market are General Electric Company, Allscripts Healthcare LLC, IBM Corporation, UnitedHealth Group, Teladoc Health Inc., Siemens Healthcare GmbH, and Others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
About Us:
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
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