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eHealth Market by Product, Services End User - Global Forecast to 2023

eHealth Market: Global Forecast until 2023

  • March 2018
  • 265 pages
  • ID: 5356642
In this report:
On the other hand, the chronic care management apps segment is expected to grow at the highest CAGR of ##.##% from 2018 to 2023.
Likewise, according to the Flurry (US) (acquired by Yahoo, in 2014), a mobile analytics, monetization, and advertising company, the demand for health and fitness apps has grown by ##% in ## years since 2014, with ##% users accessing their fitness apps more than ## times a week.

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The overall eHealth market is estimated to grow ~$132.4B by 2023 from ~$47.6B in 2018, at a compound annual growth rate (CAGR) of 22.7% during the forecast horizon. The factors projected to drive the industry contain the need to control the increasing healthcare costs, increasing geriatric population, high prevalence of chronic disorders, growing eHealth initiatives for the implementation of eHealth solutions, and increasing demand for effective management of patient records. On the other hand, the reluctance among medical professionals to take advanced eHealth solutions and high-cost of deployment and maintenance of eHealth solutions may hinder the increase of the eHealth market to some extent.

The eHealth services segment is anticipated to rise at the maximal compound annual growth rate (CAGR) during the estimate period

On the basis of products and services, the eHealth market is divided into eHealth solutions and eHealth services.The eHealth services segment is projected to register the highest CAGR (Compound annual growth rate) during the outlook period.

Elements such as the growing demand for online medical consultation, the widespread preference of patients for home healthcare and rehabilitation due to the convenience of these services, regulatory support, and the use of telecommunication and multimedia technologies combined within mobile and wireless healthcare delivery systems are the reasons propelling the increase of this market.

The healthcare providers segment recorded for the most important share of the eHealth market in 2017

Established on end-user, the overall eHealth market is broken down into healthcare providers, pharmacies, healthcare payers, healthcare consumers, and other end users.In 2017, the healthcare providers segment controled the eHealth market.

The important share of this end-user segment is primarily due to the increasing government initiatives to enhance and scale-up the use of eHealth in hospitals and clinics, rising healthcare reforms, the need to enhance patient care while growing operational efficiencies, and improving hospital infrastructure in emerging geographies.

The Asia Pacific to register the maximum growth rate in the eHealth market during the estimate period

North America continent recorded for the biggest share of the eHealth market, succeeded by Europe (EU), APAC, and the Rest of the globe.Nevertheless, the Asia Pacific area is forecast to grow at the highest compound annual growth rate (CAGR) during the outlook period.

Elements such as the big patient population, especially in China and India (IN), increasing per capita income, rising investments in the healthcare sector by top market players, and growing awareness about advanced technologies are driving the increase of the APAC eHealth market.

Break of primary members taking part was as mentioned below:

• By Company category - Tier 1 - 42.0 percent, Tier 2 - 38.0 percent and Tier 3 - 20.0 percent

• By Description - C-suite - 40.0 percent, D-level - 35.0 percent, Others - 25.0 percent

• By Area - North America (NA) - 35.0 percent, EU - 30.0 percent, Asia-Pac - 20.0 percent, RoW - 15.0 percent

The main players in the eHealth market are McKesson, Allscripts, athenahealth, Epic Systems, IBM (NYSE:IBM), GE Healthcare (GE subsidiary), Cerner, Optum, Philips, Siemens Healthineers, Medtronic, and Cisco Systems (NASDAQ:CSCO).

Segment Research

The industry report examines the eHealth market and aims at estimating the market value and upcoming growth potential of this market established on several segments including product & service and final user.The study also comprises an detailed regulatory study for several areas across the world and competitive review of the top actors in this sector together with their company descriptions, product and service offerings, latest developments, and key industries strategies.

This market report also offers market information on North America continent, Europe (EU), Asia Pacific (APAC), and the Rest of the globe.

Reasons to Buy the Report

The analysis will increase established companies as well as new entrants/smaller companies to measure the pulse of the sector, which in turn would help garner a greater share. Companies obtaining the market research could use one or any combination of the below-mentioned five strategies.

This business report offers business insights on these pointers:

• Market Uptake: Exhaustive data on product and service portfolios provided by the top actors in the eHealth market. This industry report examines the sector by product and service, end-user, and area

• Product Development/Innovative products: In-depth understanding on the next trends and product and service launches in the eHealth market

• Market Development: Highlighted information about the profitable emerging sectors for eHealth

• industry diversification: Complete information about recent products and services, increasing regions, recent evolutions, and market investments in the eHealth market

• opposing assessment: Detailed assessment of market shares, increase strategies, products, services, and technological capabilities of the leading actors in the eHealth market

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