Global eHealth Market Report and Forecast 2023-2031

Global eHealth Market Report and Forecast 2023-2031
Global eHealth Market Outlook
The global eHealth market value was USD 154.1 billion in 2022, driven by the growing demand for remote patient monitoring structure across the globe. The market size is anticipated to grow at a CAGR of 18.6% during the forecast period of 2023-2031 to achieve a value of USD 715.7 billion by 2031.

eHealth Introduction

eHealth, or electronic health, refers to the use of information and communication technologies (ICT) to improve the delivery, management, and quality of healthcare services. eHealth encompasses a wide range of digital health solutions, such as electronic health records (EHR), telemedicine, health information systems, mobile health (mHealth) applications, and wearable health devices. By leveraging digital tools and technologies, eHealth aims to enhance the accessibility, efficiency, and effectiveness of healthcare services for both patients and healthcare providers.

eHealth Market Scenario

The global eHealth market has experienced significant growth in recent years, driven by factors such as the increasing prevalence of chronic diseases, the growing demand for remote patient monitoring, and the rising adoption of advanced technologies in healthcare.

North America: The largest market for eHealth, driven by factors such as the advanced healthcare industry, a high prevalence of chronic diseases, government support for digital health initiatives, and the presence of major eHealth solution providers.

Europe: The second-largest market, with increasing demand for eHealth solutions due to a growing aging population, a supportive regulatory framework, and an expanding telehealth sector.

Asia-Pacific: Expected to witness the highest growth rate due to factors such as a rapidly aging population, increasing prevalence of chronic diseases, and growing investments in healthcare infrastructure and digital health initiatives.

eHealth Market Segmentations

Market Breakup by Service

Monitoring Services

• Vital Sign Monitoring
• Special Monitoring
• Diagnosis Services
• Healthcare System Strengthening

Market Breakup by Type

• Electronic Health Record (EHR)
• E-Prescribing
• Clinical Decision Support
• Telemedicine
• Consumer Health Informatics
• Health Management
• mHealth
• Healthcare Information System

Market Breakup by End Use

• Providers
• Public and Private Insurers
• Government
• Healthcare Consumers

Market Breakup by Region

North America

• United States of America
• Canada

Europe

• United Kingdom
• Germany
• France
• Italy
• Others

Asia Pacific

• China
• Japan
• India
• ASEAN
• Australia
• Others

Latin America

• Brazil
• Argentina
• Mexico
• Others

Middle East and Africa

• Saudi Arabia
• United Arab Emirates
• Nigeria
• South Africa
• Others

Key Trends in the eHealth Market

Some key trends of the market are as follows:

• Increasing prevalence of chronic diseases: The growing incidence of chronic diseases has led to a rising demand for eHealth solutions that enable remote monitoring and management of patients' conditions, driving market growth
• Growing demand for remote patient monitoring: The increasing preference for remote patient monitoring to reduce healthcare costs and improve patient outcomes has boosted the demand for eHealth solutions, such as telemedicine and mHealth applications
• Rising adoption of advanced technologies: The integration of advanced technologies, such as artificial intelligence, machine learning, and big data analytics, in healthcare has enhanced the capabilities of eHealth solutions and fueled market growth

eHealth Market: Competitor Landscape

The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:

• General Electric Company
• Teladoc Health, Inc
• Motion Computing Inc
• Epocrates Inc
• Siemens Healthcare GmbH
• Telecare Corporation
• Medisafe
• Setpoint Medical
• IBM
• Doximity
• Lift Labs
• Apple