(Health-NewsWire.Net, August 29, 2017 ) According to the report Latin America e-Health market, published by Market Data Forecast, the Market was worth $ 9.81 billion in 2016 and estimated to be growing at a CAGR of 13.20%, to reach $ 18.23 billion by 2021. e-Health, though has had many definitions, however, can broadly defined as integration of information technology and electronic communication in the healthcare sector in order to make it more simple, accessible and inexpensive. e-Health is applied for cutting on administrative costs associated with the treatment and technological advancements ranging from transmission of clinical data to electronic health records.
With the application of Information & Communication Technology (ICT) in healthcare, everyone can get access to proper healthcare facilities. The gradual shift to digital healthcare system for analysis and management of patient health has resulted in the rapid growth of this market. Increasing cases of chronic diseases, and technological developments in this field are supporting this growth. e-Health solutions have the ability to provide cost-effective healthcare services, research, public health, and health-related activities.
Browse market data tables and in-depth TOC of the Latin America e-health Industry to 2021 @ http://www.marketdataforecast.com/market-reports/latin-america-e-Health-market-1239/
Growing demand for population health management and the necessity to cut healthcare expenses has led to rising 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 impact the global e-health market growth positively over the next few years. However, fraudulent activities, usability problems, privacy and security concerns, among others, are factors that restrain the growth of the e-Health market. Interoperability is also a significant challenge for the growth of this industry and if not dealt properly soon, the whole purpose of implementing e-health would be defeated.
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Based on types, e-Health Market is segmented into Telemedicine, Consumer, Information System, EHR, ePrescribing, Health Information, mHealth, Health Management and Clinical Decision Support. By services, they have been segmented into Administrative, Diagnostic, Monitoring, Financial. These services have been sub-segmented further. Based on end-users, the market is segmented into Healthcare Consumers, Providers, Government, Insurers. Futhermore, based on geography, the Latin America market is analysed under various regions namely Argentina, Brazil, and Mexico.
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Some of the major players in the e-Health market are Boston Scientific Corp., IBM, Motion Computing Inc., GE Healthcare, Epocrates Inc., Telecare Corp., CompuMed, Medisafe, Set Point Medical, Doximity, Lift Labs, Proteus Digital Health and Apple.
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