Global eHealth (Product, Services and End User) Market 2018-2023: Market Expected to Reach $132 Bn in 2023, from $47.6 Bn in 2018
Dublin, April 13, 2018 (GLOBE NEWSWIRE) -- The "eHealth Market by Product, Services and End User - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The global eHealth is projected to reach USD 132.35 Billion by 2023 from USD 47.60 Billion in 2018, at a CAGR of 22.7% during the forecast period.
The growth of the market can be attributed to the increasing government initiatives supporting the use of eHealth solutions and services, high prevalence of chronic diseases, growing need to manage regulatory compliance through the use of eHealth solutions, need to curtail escalating healthcare costs, shift towards patient-centric healthcare delivery, shortage of healthcare professionals, and rising usage of big data.
Scope of the Report
Based on product and service, the eHealth solutions dominated the eHealth market in 2017. The large share of the eHealth solutions market can be attributed to the growing digitizatiin the health continuum, increased adoption rate in emerging countries, rising government funding, ancillary government initiatives promoting the use of eHealth solutions in healthcare systems, and increasing need to curtail healthcare costs while delivering quality patient care.
By type, the EMR/EHR solutions segment accounted for the largest share of the eHealth solutions market in 2017. Supportive government initiatives for EMR implementation across the globe, growing consolidation among healthcare providers, rise in digital and connected healthcare technologies, and increased government incentives are the key factors supporting the growth of this market.
By type, the remote monitoring services segment dominated the eHealth services market in 2017. The large share of this market is mainly attributed to the rising prevalence of chronic diseases and lifestyle disorders, increasing geriatric population, and high preference for home healthcare and rehabilitation due to the convenience of the services.
On the basis of end user, the global eHealth market is segmented into healthcare providers, pharmacies, healthcare payers, healthcare consumers, and other end users. In 2017, the healthcare providers segment accounted for the largest share of the global eHealth market. The growth in this end-user segment can be attributed to factors such as the improving healthcare infrastructure in Asia Pacific, rising need to curtail healthcare costs, and improving patient and financial outcomes.
eHealth Market
In 2017, North America dominated the global eHealth market. The growth in this market can mainly be attributed to the strong IT infrastructure in the region, increasing investments and regulatory mandates favoring the implementation of eHealth solutions, presence of large healthcare IT companies, and rising utilization of remote patient monitoring solutions and services for the management of prevalent chronic diseases and lifestyle disorders. The Asia Pacific region is expected to grow at the highest CAGR during the forecast period. High growth in the Asia Pacific region is largely driven by government investments & reforms to modernize healthcare systems, rising medical tourism, implementation of eHealth programs, and increasing per capita income in this region.
However, factors such as reluctance among medical professionals to adopt advanced eHealth solutions and high-cost of deployment and maintenance of eHealth solutions are likely to hinder the growth of the global eHealth market to some extent.
The players in the eHealth market include Allscripts (US), athenahealth (US), Epic Systems (US), IBM (US), GE Healthcare (US), Cerner (US), Optum (US), Philips (Netherlands), Siemens Healthineers (Germany), McKesson (US), Medtronic (Ireland), and Cisco Systems (US).
Key Topics Covered:
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Currency
1.5 Stakeholders
1.6 Limitations
2 Research Methodology
2.1 Research Approach
2.1.1 Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Industry Insights
2.2 Market Size Estimation
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions
3 Executive Summary
4 Premium Insights
4.1 eHealth: Market Overview
4.2 APAC: eHealth Services Market, By Type
4.3 Geographical Snapshot of the eHealth Market
4.4 eHealth Market: Regional Mix
4.5 eHealth Market Share, By eHealth Solutions (2018 vs 2023)
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Need to Manage Regulatory Compliance Through the Use of eHealth Solutions
5.2.1.2 Need to Curtail the Escalating Healthcare Costs
5.2.1.3 Increasing Government Initiatives Supporting the Use of eHealth Solutions and Services
5.2.1.4 High Prevalence of Chronic Diseases
5.2.1.5 Shift Towards Patient-Centric Healthcare Delivery
5.2.1.6 Shortage of Healthcare Professionals
5.2.1.7 Rising Usage of Big Data
5.2.2 Restraints
5.2.2.1 Reluctance Among Medical Professionals to Adopt Advanced eHealth Solutions
5.2.2.2 High Cost of Deployment and Maintenance of eHealth Solutions
5.2.3 Opportunities
5.2.3.1 Growth Opportunities in Emerging Nations
5.2.3.2 Growing Mhealth, Telehealth, and Remote Patient Monitoring Markets
5.2.3.3 Rising Use of eHealth Solutions in Outpatient Care Facilities
5.2.4 Challenges
5.2.4.1 Security Concerns Related to Privacy, Licensure, and Data Breaches
5.2.4.2 Lack of Skilled IT Professionals
5.2.4.3 Integration, Intraoperability, and Interoperability of eHealth Solutions
6 Industry Insights
6.1 Industry Trends
6.1.1 Integration Through Big Data Analytics
6.1.2 Cloud Computing in Healthcare
6.1.3 Increasing Cooperation Between Traditional Healthcare Players & IT-Driven Companies
6.2 Vendor Benchmarking: eHealth Solutions Market
6.3 Adoption Trends
6.3.1 Adoption Trends in North America
6.3.2 Adoption Trends in Europe
6.3.3 Adoption Trends in Asia Pacific
6.3.4 Adoption Trends in the Rest of the World
6.4 Potential eHealth Technologies
6.4.1 AI Platforms
6.4.2 App-Enabled Patient Portals
7 Global eHealth Market, By Product & Service
7.1 Introduction
7.2 eHealth Solutions
7.2.1 Electronic Health Records/Electronic Medical Records Solutions
7.2.2 Picture Archiving and Communication Systems & Vendor Neutral Archive Systems (PACS & VNAS)
7.2.3 Pharmacy Information Systems
7.2.4 Medical Apps
7.2.5 Laboratory Information Systems (RIS)
7.2.6 Personal Health Record & Patient Portals
7.2.7 Chronic Care Management Apps
7.2.8 Clinical Decision Support Systems
7.2.9 Telehealth Solutions
7.2.10 Healthcare Information Exchange (HIE)
7.2.11 Radiology Information Systems (RIS)
7.2.12 E-Prescribing Solutions
7.2.13 Cardiovascular Information Systems
7.2.14 Other Specialty Information Management Systems
7.3 eHealth Services
7.3.1 Remote Monitoring Services
7.3.2 Diagnosis & Consultation Services
7.3.3 Database Management Services
7.3.4 Treatment Services
7.3.5 Healthcare System Strengthening Services
8 Global eHealth Market, By End User
8.1 Introduction
8.2 Healthcare Providers
8.2.1 Hospitals
8.2.2 Ambulatory Care Centers
8.2.3 Home Healthcare Agencies, Nursing Homes, and Assisted Living Facilities
8.3 Pharmacies
8.4 Healthcare Payers
8.5 Healthcare Consumers
8.6 Others End Users
9 eHealth Market, By Region
10 Competitive Landscape
10.1 Introduction
10.2 Market Share Analysis
10.2.1 EMR/EHR Solutions
10.2.2 PACS/VNA
10.3 Competitive Situations and Trends
10.3.1 Partnerships, Agreements, Alliances, & Collaborations
10.3.2 Product Launches and Enhancements
10.3.3 Acquisitions & Mergers
10.3.4 Expansions
11 Company Profiles
11.1 GE Healthcare
11.2 Cerner
11.3 Allscripts
11.4 Mckesson
11.5 Philips
11.6 Siemens Healthineers
11.7 IBM
11.8 Optum (A Subsidiary of Unitedhealth Group, Inc.)
11.9 Medtronic
11.10 Epic Systems
11.11 Athenahealth
11.12 Cisco Systems
For more information about this report visit https://www.researchandmarkets.com/research/vd7j6c/global_ehealth?w=12
CONTACT: ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: E-Healthcare
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.