(Health-NewsWire.Net, April 10, 2017 ) According to the report Global E-Health Market, published by Market Data Forecast, the global market projected to reach USD 195.58 billion by 2021, at a CAGR of 14.80% from 2016 to 2021.
E-Health though has had many definitions, however, can broadly define as integration of electronic communication and information technology in the healthcare sector in order to make it more simple, inexpensive and accessible. E-Health is applied for cutting on administrative costs associated with the technological and treatment advancements ranging from transmission of clinical data to electronic health records.
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With the application of Information & Communication Technology (ICT) in healthcare, everyone can get access to proper healthcare facilities. An infrastructural support with better electronic systems and internet connections are required for ICT to be put into full-fledged use. The gradual shift to digital healthcare system for management and analysis of patient health has resulted in the rapid growth of this market. Increasing cases of chronic diseases and rising technological developments in this field are supporting this growth. E-Health solutions have the ability to provide cost-effective healthcare services, public health, research, and health-related activities.
Information & Communication Technologies (ICT) have endless potential, especially in the healthcare system. Practical application and advancement in ICT, ever-increasing number of internet and mobile users, decreasing and miniaturization costs of sensors and other devices are some of the major drivers of this market. Rising demand for population health management and the necessity to cut healthcare expenses has led to increasing demand for e-Health solutions across the world. Technological advancements and subsequent developments giving rise to various sub-segments of this market such as mobile health are also expected to effect the global e-health market growth positively over the next few years. However, usability problems, fraudulent activities, privacy and security concerns, among others, are factors that constrain the growth of the e-Health market. Interoperability is also a significant challenge for the growth of this industry and if not deal with it properly, soon the whole purpose of implementing e-health would be defeated.
The products are segmented based on Type, Services, and End User and studied for a deep-level understanding of the E-Health Market. Each sub segment is accompanied with Market Size Estimations and Y-o-Y Forecasts as well.
Based on Type: Telemedicine Consumer Information System EHR ePrescribing Health Information mHealth Health Management Clinical Decision Support
Based on Services: Administrative Diagnostic Monitoring Financial
Based on End-user: Healthcare Consumers Providers Government Insurers
Based on geography the market is segmented into various regions namely North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa. North America is expected to dominate the market in the next few years. Presence of digitally maintained population base and various initiatives by the American Health Information Community are expected to be the drivers of this growth.
Geographical Segmentation: North America E-Health Market Europe E-Health Market Asia-pacific E-Health Market Latin America E-Health Market Middle East and Africa E-Health Market
The key players in Global E-Health Market are Boston Scientific Corp., Lift Labs, IBM, Motion Computing Inc., GE Healthcare, CompuMed, Medisafe, Set Point Medical, Epocrates Inc., Telecare Corp., Doximity, Proteus Digital Health and Apple.
Major players in the global market focus on improving their market presence by adopting new innovations, strategies, and products. For example, MedeAnalytics, a leading provider of healthcare performance management solutions, declared the launch of Accountable Care Solution for healthcare provider and payer organizations. This new solution highlights the need of ACOs, as elucidated in the Medicare Shared Savings Program, Section 3022 (Patient Protection and Affordable Care Act).
The E-Health Market study offers the following deliverables:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of Type, Services, and End User along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
Checkout other related studies in the Healthcare IT Segment:
Clinical Data Analytics Market: http://www.marketdataforecast.com/market-reports/global-clinical-data-analytics-market-1754/
Digital Pathology Market: http://www.marketdataforecast.com/market-reports/global-digital-pathology-market-292/
Healthcare Analytics Market: http://www.marketdataforecast.com/market-reports/global-healthcare-analytics-market-45/
Healthcare Information Exchange Market: http://www.marketdataforecast.com/market-reports/global-healthcare-information-exchange-market-1668/
Laboratory Information System Market: http://www.marketdataforecast.com/market-reports/global-laboratory-information-system-market-401/
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