Saturday, November 27th, 2021

Global eHealth Market Worth USD 29464.38 Million by 2026

eHealth Market Size

As per our report, the global eHealth market size was valued at USD 14777.06 Million in 2021 and is predicted to grow to USD 29464.38 Million by 2026. This market is forecasted to grow at a CAGR of 14.80% during the forecast period. 

Key Market Drivers:

Prior to reducing, the treatment cost is a major factor escalating the growth rate of the market to the extent. Some other factors like initiative steps by government in creating awareness over the use of eHealth services through campaigns, rising incidences of infectious and chronic diseases, and increasing prevalence to use eHealth service to manage regulatory compliance are enhancing the demand of the market. Also, the growing demand to deliver effective patient care through these solutions is ascribed to bolster the growth rate of the market. Support from the World Health organization to create key strategies t implement electronic healthcare solutions during the COVID 19 pandemic is also an attribute lavishing the growth rate of the market.

Browse TOC and other details of the global eHealth market research report that spread through 160 pages @ https://www.marketdataforecast.com/market-reports/e-Health-market

Significant Challenges:

However, lack of proper knowledge over the use of electronic solutions in rural areas is obstructing the growth rate of the market in hiking at its best level. The rise in privacy concerns is also a factor limiting the demand of the eHealth market.

COVID-19 Impact on global eHealth market:

COVID 19 had impacted negatively on every sector, but for healthcare, it is about as the shares have hit the highest growth rate from the start of 2020. Doctors are working really hard to sustain the pandemic; however, eHealth is a relief for them to promote effective care for the patients. In the fight against the coronavirus, digital technology in healthcare is playing a significant role. Quick initiatives steps by the government to avail the digital process in the laboratories and other diagnostic centers have helped the people in many ways. People have registered online and got medical advice without going out. From April 2020, the market players have seen a huge growth rate where many people have registered to the eHealth solutions to reduce the exposure. These technologies are playing a vital role in reducing the spread of COVID 19.

This research report on the global eHealth market has been segmented based on the Type, services, end-user and region

By Type:

  • Telemedicine
  • Consumer
  • Information System
  • EHR
  • ePrescribing
  • Health Information
  • mHealth
  • Health Management
  • Clinical Decision Support

By Services

  • Administrative
  • Diagnostic
  • Monitoring
  • Financial

By End User

  • Healthcare Consumers
  • Providers
  • Government
  • Insurers

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • The Middle East and Africa

Geographically, North America is the one holding with the dominant shares of the market owing to the rapid adoption of the latest technologies in a short time frame. A growing number of COVID 19 cases is also surging the growth rate of the market. Also, the adoption of electronic health records in many hospitals and clinics are escalating the demand of the market. Along with this, the launch of innovative applications in digital healthcare is likely to propel the growth rate of the market. Following North America, Europe is gaining traction over the shares of the market.  Prevalence of the changes in the food habits and adoption of sedentary lifestyles are also key factors for the market to grow in this region. On-going research and development activities in introducing safe and secure applications in various fields of the healthcare sector are greatly influencing the demand of the market.

The Asia Pacific is projected to have the quickest growth rate in the coming years with the growing geriatric population and a mounting number of people with various health disorders. Creating awareness through campaigns and less availability of healthcare professionals is enhancing the demand of the market.

NOTABLE PLAYERS IN THIS MARKET

Companies that are playing a promising role in the global eHealth market profiled in this report are Boston Scientific Corp., IBM, Motion Computing Inc., GE Healthcare, Epocrates Inc., Telecare Corp., CompuMed, Medisafe, SetPoint Medical, Doximity, Lift Labs, Proteus Digital Health and Apple.

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