US e-health Market Analysis

The US represents one of the most developed healthcare markets globally. The annual healthcare spending of the country reached around US$ 2.6 Trillion in 2010, which is expected to soar to US$ 3.4 Trillion by 2015. This growth was attributed to the increasing usage of patent drugs, high administrative costs, and expensive hospital care. The enormous healthcare costs, which are expected to increase in future will pressurize the government to cut budget funding from other important segments. To gradually reduce this massive economic burden and to revitalize the prompt healthcare services, a flurry of regulatory acts has been passed. e-Health being the most prominent source of cost containment is being targeted by both public as well as private sector entities which help industry to grow manifold in last few years.

According to our research, “US e-health Market Analysis”, e-Health market has evolved as one of the fastest growing industries in the US and remained almost immune even in the tough post recessionary scenarios. Number of federal policies and acts worked as catalysts for the market growth and are expected to drive the future market developments also. The e-Health adoption and its holistic application in healthcare system will open widespread market opportunities for the sector, which is poised to grow at a CAGR of around 13% during 2010-2015.

Further, the segment level research has revealed that, EMR, EHR, Practice management, e-prescribing, and telehealthcare sectors will witness strong growth during the forecast period due to the latest technological advancements that will make treatment and diagnosis simpler, effective, and convenient. Additionally, individuals belonging to the young population are tech savvy and appreciate IT adoption in healthcare offerings. This population segment spends more on e-health and m-health applications and the trend is expected to remain applicable in the coming years also.

Our report “US e-health Market Analysis”, has been authored to evaluate the future market potentials of the US e-Health industry and its segments. The report provides extensive research and analysis of the overall market and all prominent segments including EMR, EHR, Practice management, e-prescribing, Home Telehealth & Remote Patient Monitoring, Digital Health etc. Besides providing information on current market developments and market trends, the report provides segment wise forecasts based on correlation of past drivers, challenges, and opportunities for expansion, thus enabling clients to access projected market trends and take informed decisions.

E-healthcare Industry in the United States

1. Analyst View
2. Emerging Market Trends & Drivers
2.1 Soaring Healthcare Costs & Shortage of Skilled Professional
2.2 Dynamic Expansion of Home Healthcare Market
2.3 Patient Administration Systems
2.4 Picture Archive and Communications System (PACS)
2.5 Cloud Computing based Healthcare Applications
3. Industry Overview & Outlook by 2015
3.1 e-Health Market Structure
3.2 Analysis by Market Segments
3.2.1 EMR
3.2.2 EHR
3.2.3 Practice Management Systems
3.2.4 e-Prescribing
3.3 TeleHealthcare
3.3.1 Home Telehealth & Remote Patient Monitoring
3.3.2 Digital Health Market
4. Market Potentials of e-Health Interactive Patient Systems
4.1 Medical Devices
4.2 Monitoring Services
5. e-Health Benefits & Potential Savings
6. Health Information Exchange Developments
7. Regulatory Support & Initiatives
7.1 American Recovery and Reinvestment Act (ARRA)
7.2 Health Information Technology for Economic and Clinical Health Act (HITECH Act)
7.3 The National ePrescribing Patient Safety Initiative (NEPSI)
8. Competitive Landscape
8.1 McKesson
8.2 Cerner Corporation
8.3 GE Healthcare
8.4 Allscripts Healthcare Solutions, Inc.
8.5 Epic Systems Corporation
8.6 Athenahealth, Inc.
8.7 Computer Programs & Systems, Inc.

List of Figures:

Figure 2-1: Per Head Healthcare Spending (US$), 2009-2015
Figure 2-2: Picture Archiving &Communication System Market (Billion US$), 2010 & 2014
Figure 2-3: Government Spending on Cloud Computing (Billion US$), 2010 & 2015
Figure 3-1: Federal Healthcare IT Strategy Framework by 2015
Figure 3-2: e-Health Market (Billion US$), 2009-2015
Figure 3-3: EMR Market (Billion US$), 2009-2015
Figure 3-4: EMR Market by Companies (%), 2008 & 2010
Figure 3-5: EHR Adoption Rates by Office Categories (%), 2009 & 2010
Figure 3-6: EHR Adoption Rates by Office based Physician Category (%), 2008-2010
Figure 3-7: EHR Market (Billion US$), 2009-2015
Figure 3-8: EHR Market by Segment (%), 2009 & 2015
Figure 3-9: Share of EHR Companies by Revenues Bands (2010)
Figure 3-10: Practice Management System Market (Billion US$), 2009-2015
Figure 3-11: Number of e-Prescriptions Written (Million), 2008-2010
Figure 3-12: e-Prescriptions Market (Million US$), 2009-2015
Figure 3-13: Number of Doctors using e-Prescriptions (‘000), 2008-2010
Figure 3-14: Home Telehealth & Remote Patient Monitoring Market (Billion US$), 2009-2015
Figure 3-15: Digital Health Product & Services Market (Billion US$), 2009-2015
Figure 3-16: Digital Health Product & Services Market by Segment (%), 2010 & 2015
Figure 4-1: Home Health/Fitness Monitoring Devices Market (Million US$), 2009-2015
Figure 4-2: Home Health/Fitness Monitoring Services Market (Million US$), 2009-2015
Figure 5-1: Inpatient & Outpatient Net Potential Savings by 2020
Figure 6-1: Number of Health Information Exchanges (2006 & 2010)
Figure 6-2: States with Operational HIE Initiatives (2010)
Figure 7-1: Health Information Technology Funding in the ARRA by Segment (%)

List of Tables:

Table 2-1: Forecast for Healthcare Professionals Shortages (%), 2015 & 2025
Table 3-1: Top 10 States with Highest Rates of e-Prescribing (2009)
Table 5-1: Estimations for Lives Saving from e-Health Adoption by Disease Categories
Table 7-1: Implementation Schedule of Meaningful Use Rule
Table 8-1: McKesson - SWOT Analysis
Table 8-2: Cerner Corporation - SWOT Analysis
Table 8-3: GE Healthcare - SWOT Analysis
Table 8-4: Allscripts Healthcare Solutions, Inc. - SWOT Analysis
Table 8-5: Epic Systems Corporation - SWOT Analysis
Table 8-6: Athenahealth Inc. - SWOT Analysis
Table 8-7: Computer Programs & Systems, Inc. - SWOT Analysis