The global eHealth market is forecasted to be worth USD 314.55 Billion by 2027, according to a current analysis by Emergen Research. The market is witnessing increased demand in the past years, owing to the surge in the prevalence of smartphones and the emergence of advanced technologies in the medical sector. Digital health has emerged as a triumphant venture, attracting several organizations and industries from outside the healthcare domain.
An increase in the need to curtail healthcare costs, rising government initiatives to support the usage of eHealth, the growing prevalence of chronic diseases, and a shift in patient-centric healthcare delivery will further drive the eHealth market demand. The technology provides cost-effective healthcare delivery in both developed and developing nations. The surge in awareness of sedentary lifestyles and growing disorders such as diabetes and hypertension will further augment eHealth market demand.
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The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry. It also covers strategies adopted by prominent players such as mergers and acquisitions, collaborations, joint ventures, product launches, and brand promotions, among others. The report aims to offer the readers a holistic understanding of the relevant features of the industry.
Key Players Profiled in the Report are:
GE Healthcare, Allscripts, Cerner Corporation, Philips, IBM Corporation, Mckesson, Medtronic, Inc., Epic Systems, Cisco Systems, and Optum, among others.
Some Key Highlights
Electronic health records are real-time, patient-centric records that make use of the available information instantly and securely to authorized users. EHR contains medical histories of patients and is inclusive of a broader view of a patient’s care.
Remote monitoring services is a telemedicine service increasingly being used for constant monitoring of patient’s condition and performance of control and preventive check-ups outside medical organizations. This type of care is made possible by the application of a mobile device that measures vital signs.
Hospitals held the largest share in the eHealth market. This is due to the increasing investment in the healthcare system and the growing prevalence of chronic and infectious diseases.
The recently developed eHealth is the most effective and globally accepted technology that aids patients across the world, especially in the Asia Pacific region. Unchecked population in China and India and an increase in the geriatric population in countries such as Japan and Singapore are factors influencing the market.
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Furthermore, the report provides a comprehensive overview of the EHealth market along with product portfolio and market performance. The report offers key insights into market share, supply chain analysis, demand and supply ratio, import/export details, and product and consumption patterns. To gain a better understanding, the report is further segmented into sections such as product types offered by the market, application spectrum, companies, and key geographical regions where the market has established its presence.
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For the purpose of this report, Emergen Research has segmented into the global eHealth Market on the basis of product and services, end-user, and region:
Product and Services Outlook (Revenue, USD Billion; 2017-2027)
eHealth Solutions
Electronic Health Records/Electronic Medical Records Solutions
Picture Archiving and Communication Systems & Vendor Neutral Archive Systems (PACS & VNAS)
Pharmacy Information Systems
Medical Apps
Laboratory Information Systems (LIS)
Personal Health Record & Patient Portals
Chronic Care Management Apps
Clinical Decision Support Systems
Telehealth Solutions
Healthcare Information Exchange (HIE)
Radiology Information Systems (RIS)
E-Prescribing Solutions
Cardiovascular Information Systems
Other Specialty Information Management Systems
eHealth Services
Remote Monitoring Services
Diagnosis & Consultation Services
Database Management Services
Treatment Services
Healthcare System Strengthening Services
Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the EHealth market expected to boost the growth of the industry in the coming years.
Radical Highlights of the EHealth Market Report:
· Comprehensive overview of the EHealth market along with analysis of the changing dynamics of the market
· Growth Assessment of various market segments throughout the forecast period
· Regional and global analysis of the market players, including their market share and global position
· Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
· Impact of the technological developments and R&D advancements on the EHealth market
· Information about profit-making strategies and developmental strategies of major companies and manufacturers
· Insightful information for the new entrants willing to enter the market
· Details and insights about business expansion strategies, product launches, and other collaborations
· The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis
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