- eHealth is the delivery of healthcare information and services via the internet and related technologies. It introduces affordability and efficiency in healthcare. eHealth is being adopted by low and high income nations. In fact, the WHO – World Health Organization, strongly endorses eHealth.
For Market Research Report on “eHealth Market” Visit -http://www.grandviewresearch.com/industry-analysis/e-health-market
The eHealth market is expected to witness phenomenal growth (at a CAGR of 15.5%) from 2015 to 2022. People across the world are becoming aware of the benefits of eHealth. eHealth is also finding wide acceptance within the healthcare community. This is contributing greater market demand.
Sedentary lifestyles are leading to medical conditions like diabetes and hypertension. These disorders necessitate continuous monitoring of physiological parameters such as blood sugar and blood pressure. eHealth enables the integration of healthcare data with portable devices. The generated information can be accessed real-time by medical professionals. eHealth, thus, facilitates seamless, instant, and error-free healthcare data communication.
Factors that may restrain the eHealth market include high costs of healthcare IT tools and lack of supporting infrastructure in developing regions. Security concerns related to data privacy are another challenge. The worldwide market is segmented on the basis of products, services, end-users, and regions. Some of the products include telemedicine, clinical decision support, Electronic Health Record (EHR), and health information system.
The others are consumer health informatics, health management, e-prescribing, and m-health. EHR dominated the eHealth market, with a share of 24% in 2014. M-health would grow lucratively at a CAGR of about 28% over the next seven years. This may be ascribed to usage of smart phones and high-speed data services.
The services segments comprise diagnostic, monitoring, healthcare strengthening, and others. Monitoring, with more than 59% share, was the leader. It would grow on account of demand for self monitoring devices. Diagnostic services will experience significant growth in the forthcoming years.
End-users of the eHealth market are insurers, healthcare consumers, government, and healthcare providers. Healthcare providers generated significant demand in 2014 owing to convenience in data management and patient work flow. Insurers would increasingly adopt eHealth services in the future.
North America accounted for more than 37% of the global revenues in 2014. eHealth services in Asia Pacific will grow owing to the high prevalence of chronic disorders. Notable market players include Telecare Corporation, Motion Computing Inc., Set Point Medical, and Epocrates Inc.
Information Source: Grand View Research
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