Download Sample, Rise in Prevalence of Diseases and Increasing Outpatient Care Facilities Fuels the Market Growth
The E-health market is attributed to the gradual transition towards a digital healthcare system for analyzing and controlling patient health, rising instances of chronic illnesses, continually growing population of mobile and internet users, and increased need for managing population health. For instance, according to NIH, globally over 2276.27 million cases of chronic disease have accounted and 2.56 million deaths. In addition, according to a WHO report, approximately 422 million individuals have diabetes, with the majority located in both low- and high-income countries, and each year 1.5 million deaths are directly linked to the disease. To overcome the problem of convenient access to healthcare many companies are creating patient-centric and innovative e-health solutions to eliminate the need for frequent doctor visits and driving the market growth.
For instance, in May 2023, Medtronic announced the acquisition of EOFlow Co. Ltd. a Korean company that produces disposable insulin patch pump makers to simplify diabetes management and provide convenient wearable automated patch options for insulin delivery making life easier for diabetic patients and enhance the growth of the eHealth market. Approximately 1.28 billion adults between the ages of 30 and 79 are estimated to be, as per the WHO report hypertension is a leading factor in early deaths, globally, two-thirds of individuals with hypertension reside in low- and middle-income countries, and it is estimated that 46% of adults with hypertension are unaware of their condition and only 42% of adults with high blood pressure receive a diagnosis and treatment. Continuous, clinical diagnosis and novel innovations are ongoing on extending telemedicine monitoring of various parameters at home, and owing to several benefits to patients with heart conditions, around 3000 clinical trials of gene therapy have been performed worldwide.
For instance, in November 2023, Versicles Technologies launched an eHealth kiosk that offers accurate diagnostics for blood pressure, blood sugar, and heart conditions in multiple languages at a low cost. It also features digital enhancements like a touch screen with video instructions for easy and precise readings. Enabling health parameter monitoring at home, decreasing the necessity for visits to the hospital, numerous consultations, diagnostics, treatment, and enhanced preventative measures for chronic illnesses, therefore, expanding the market and increasing new opportunities for market players.
For instance, in May 2023, Medtronic announced the acquisition of EOFlow Co. Ltd. a Korean company that produces disposable insulin patch pump makers to simplify diabetes management and provide convenient wearable automated patch options for insulin delivery making life easier for diabetic patients and enhance the growth of the eHealth market. Approximately 1.28 billion adults between the ages of 30 and 79 are estimated to be, as per the WHO report hypertension is a leading factor in early deaths, globally, two-thirds of individuals with hypertension reside in low- and middle-income countries, and it is estimated that 46% of adults with hypertension are unaware of their condition and only 42% of adults with high blood pressure receive a diagnosis and treatment. Continuous, clinical diagnosis and novel innovations are ongoing on extending telemedicine monitoring of various parameters at home, and owing to several benefits to patients with heart conditions, around 3000 clinical trials of gene therapy have been performed worldwide.
For instance, in November 2023, Versicles Technologies launched an eHealth kiosk that offers accurate diagnostics for blood pressure, blood sugar, and heart conditions in multiple languages at a low cost. It also features digital enhancements like a touch screen with video instructions for easy and precise readings. Enabling health parameter monitoring at home, decreasing the necessity for visits to the hospital, numerous consultations, diagnostics, treatment, and enhanced preventative measures for chronic illnesses, therefore, expanding the market and increasing new opportunities for market players.
Rising Need of Quality and Improved Healthcare Safety Drives the Market Growth
Increasing internet connectivity sources low-cost device presence and high internet accessibility in low and middle-income countries are some of the main reasons for the expansion of the eHealth market globally. According to a WHO report in 2024, around 800 women died related to pregnancy and child and almost 95% of all maternal deaths occur in low and middle-income countries due to lack of care and proper monitoring. To improve maternity death cases many government organizations and foundations are scaling the extra mile to fund companies that are steering innovation in the eHealth market.
For instance, in September 2023, GE HealthCare received a US$44 million grant from the Bill and Melinda Gates Foundation to develop AI-assisted ultrasound imaging technology for obstetrics and lung screening in maternal, fatal, and pediatric care. Enabling self-monitoring of their health and collecting real-time data because to technological convergence, which also encourages a more proactive approach to healthcare and increases the demand for quality and improved healthcare patient safety and care. In addition, companies are achieving implementation success by adopting the idea of evidence-based health innovation and giving access to gain efficacy of early detection of illness that eliminate the need for surgical interventions and providing training programs for a daily basis to healthcare professionals about follow-up during clinical intervention and driving the demand for eHealth market.
For instance, in November 2022, McKesson introduced EvolveHealth Digital Ecosystem to enhance connectivity among providers, patients, private payers, and pharmaceutical companies by giving patients access to their progress data and insights for better outcomes, while enabling seamless communication for healthcare providers and pharmaceutical companies and minimizing the risk of invasive procedures.
For instance, in September 2023, GE HealthCare received a US$44 million grant from the Bill and Melinda Gates Foundation to develop AI-assisted ultrasound imaging technology for obstetrics and lung screening in maternal, fatal, and pediatric care. Enabling self-monitoring of their health and collecting real-time data because to technological convergence, which also encourages a more proactive approach to healthcare and increases the demand for quality and improved healthcare patient safety and care. In addition, companies are achieving implementation success by adopting the idea of evidence-based health innovation and giving access to gain efficacy of early detection of illness that eliminate the need for surgical interventions and providing training programs for a daily basis to healthcare professionals about follow-up during clinical intervention and driving the demand for eHealth market.
For instance, in November 2022, McKesson introduced EvolveHealth Digital Ecosystem to enhance connectivity among providers, patients, private payers, and pharmaceutical companies by giving patients access to their progress data and insights for better outcomes, while enabling seamless communication for healthcare providers and pharmaceutical companies and minimizing the risk of invasive procedures.
Recent Trends in the eHealth Market Industry
- Increasing demand for early detection of illness
- Rising demand for digitalisation and remote monitoring
- Increasing adoptions of telemedicine and healthcare platform in rural areas
- Increasing adoption of online consultations and digital wellness programs
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Security Concern Related to Privacy and Data Breaches Is Impacting the Market Growth
The high cost of various digital solutions poses a challenge for small and mid-sized healthcare organizations to adopt eHealth. One main factor contributing to this situation is the difficulties of setting up multiple networks in healthcare facilities, along with limited wireless connections and the need to establish extra security measures to avoid data breaches. In addition, the continued support and maintenance, such as software adjustments and upgrades to meet changing user needs, can significantly increase the total cost of ownership and these additional costs are often too high for small healthcare organizations to afford.
In addition, privacy and security of the collected data of health products involving personal health details and identifiable information concerning individuals' health used for healthcare services, payment, or operational reasons are important in the digital health industry and have a significant effect if misused or lost. Individuals exploit this information to make false insurance claims and illegally obtain medical equipment, causing a worrying rise in compromised healthcare records. Furthermore, the implementation of eHealth in the healthcare system are increasing challenge for chronic disease patients as its everyday use is an intricate and complex process.
In addition, privacy and security of the collected data of health products involving personal health details and identifiable information concerning individuals' health used for healthcare services, payment, or operational reasons are important in the digital health industry and have a significant effect if misused or lost. Individuals exploit this information to make false insurance claims and illegally obtain medical equipment, causing a worrying rise in compromised healthcare records. Furthermore, the implementation of eHealth in the healthcare system are increasing challenge for chronic disease patients as its everyday use is an intricate and complex process.
Web Based eHealth Solution Is Projecting to Market Expansion
The e-health market is being driven by the continued advancements in mobile technology, which are helping e-health programs to proliferate. Healthcare professionals can now share information from different locations using telehealth systems. The companies in eHealth are continuously increasing their capabilities to develop e-heath-based mobile apps for convince of insured persons. In addition, innovation in healthcare domains are helping eHealth companies to gain global recognition by providing personalized searches with parameters such as EMR integration, organization size, and already used solutions list.
For instance, in January 2023, AVIA announced the launch of AVIA market an extensive platform for healthcare systems for hospitals and healthcare innovators to research and choose digital health solutions and vendors to reach the right customers and ensure the stability of the eHealth market by minimizing the financial pressure and accelerating workflow of health professional and consumer experiences. However, with the introduction of cutting-edge technology, medical facilities have relied more and more on software solutions to optimize their daily operations and to maximize resource utilization many leading companies are launching new opportunities to manage the revenue cycle operations to minimize countless challenges in managing late payment, low financial stability of the patient.
For instance, in July 2024, AdvancedMD launched PAX A920 certified credit card processing automatic healthcare software to increase independent practices and payment capabilities enabling unified revenue cycling management. It also provides insurance virtual credit card payment. In addition, in December 2023, athenahealth announced the launch of the cloud-based suite, Oracle Identity Governance Integration for Oraclehealth HER, to improve patients' experience by managing the revenue cycle using AI-powered enabling patients to care and reducing administrative burden and enabling maximum adoption of the eHealth market and boosting the market growth.
For instance, in January 2023, AVIA announced the launch of AVIA market an extensive platform for healthcare systems for hospitals and healthcare innovators to research and choose digital health solutions and vendors to reach the right customers and ensure the stability of the eHealth market by minimizing the financial pressure and accelerating workflow of health professional and consumer experiences. However, with the introduction of cutting-edge technology, medical facilities have relied more and more on software solutions to optimize their daily operations and to maximize resource utilization many leading companies are launching new opportunities to manage the revenue cycle operations to minimize countless challenges in managing late payment, low financial stability of the patient.
For instance, in July 2024, AdvancedMD launched PAX A920 certified credit card processing automatic healthcare software to increase independent practices and payment capabilities enabling unified revenue cycling management. It also provides insurance virtual credit card payment. In addition, in December 2023, athenahealth announced the launch of the cloud-based suite, Oracle Identity Governance Integration for Oraclehealth HER, to improve patients' experience by managing the revenue cycle using AI-powered enabling patients to care and reducing administrative burden and enabling maximum adoption of the eHealth market and boosting the market growth.
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Global Rise in Personalised Healthcare Assessment by Using ehealth Solutions Led to Market Expansion
North America accounted for more advanced technological innovation and internet connectivity results in increased personalized healthcare evaluations and the utilization of e-healthcare innovations like wellness apps, telemedicine services, and wearable health technology, driving the growth of the eHealth market because these are convenient in sharing of patient’s health report to clinicians without compromising the patient’s information security. Several companies are implementing various approaches to boost the adoption of eHealth solutions such as telehealth, laboratory management systems, and clinical decision support systems, leading to higher levels of productivity in healthcare facilities and driving the market demand.
In addition, countries in Europe are taking steps towards digital health services focused on advancing their customer-centric approach to deliver superior experience by gaining quick access to data, video consultations through telemedicine and advancing healthcare technology to enable easier access to medical services and medications with an increasing focus on the development of more healthcare advancement so that people can claim concession in medicine and other medical services. Digital health software is regarded as both technologically as well as cost-effective and accelerates the pace of digital innovation and convenient access for people to a variety of wellness apps, telemedicine services enhanced health services, and boosting market growth.
Furthermore, the fast-paced digitization of healthcare diagnostic products and services in developing regions such as Asia-Pacific is significantly boosting the market growth and increased healthcare spending is also fuelling the adoption of the eHealth market by facilitating the remote sharing of health records and enhancing healthcare options. Enabling people in rural areas to benefit from remote monitoring and health consultations through the implementation of telehealth systems by hospitals to address rising healthcare expenses and improve access to those who are difficult to access due to rising healthcare costs.
In addition, countries in Europe are taking steps towards digital health services focused on advancing their customer-centric approach to deliver superior experience by gaining quick access to data, video consultations through telemedicine and advancing healthcare technology to enable easier access to medical services and medications with an increasing focus on the development of more healthcare advancement so that people can claim concession in medicine and other medical services. Digital health software is regarded as both technologically as well as cost-effective and accelerates the pace of digital innovation and convenient access for people to a variety of wellness apps, telemedicine services enhanced health services, and boosting market growth.
Furthermore, the fast-paced digitization of healthcare diagnostic products and services in developing regions such as Asia-Pacific is significantly boosting the market growth and increased healthcare spending is also fuelling the adoption of the eHealth market by facilitating the remote sharing of health records and enhancing healthcare options. Enabling people in rural areas to benefit from remote monitoring and health consultations through the implementation of telehealth systems by hospitals to address rising healthcare expenses and improve access to those who are difficult to access due to rising healthcare costs.
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The report provides a detailed overview of the ehealth market insights in regions including North America, Latin America, Europe, Asia-Pacific, Oceania, and the Middle East and Africa. The country-specific assessment for ehealth has been offered for all regional market share, along with forecasts, market scope estimates, price point assessment, and impact analysis of prominent countries and regions. Throughout this market research report, Y-o-Y growth and CAGR estimates are also incorporated for every country and region, to provide a detailed view of the crop protection chemicals market. These Y-o-Y projections on regional and country-level markets brighten the political, economic and business environment outlook, which are anticipated to have a substantial impact on the growth of the ehealth market. Some key country and region included in the ehealth market report as follows:
| Regions | Countries |
|---|---|
| North America | United States, Canada |
| Latin America | Brazil, Mexico, Argentina, Colombia, Chile, Rest of Latin America |
| Europe | Germany, United Kingdom, France, Italy, Spain, Russia, Poland, Netherlands, Belgium, Sweden, Austria, Slovakia, Hungary, Romania, Czech Republic, Rest of Europe |
| Asia Pacific | China, India, Japan, South Korea, Australia & New Zealand, Indonesia, Malaysia, Vietnam, Thailand, Rest of Asia Pacific |
| Middle East and Africa | GCC Countries, South Africa, Egypt, Turkey, Morocco, Nigeria, Iran, Rest of MEA |
eHealth Market Research Report Covers In-depth Analysis on:
- ehealth market detailed segments and segment-wise market breakdown
- ehealth market dynamics (Recent industry trends, drivers, restraints, growth potential, opportunities in ehealth industry)
- Current, historical and forthcoming 10 years market valuation in terms of ehealth market size (US$ Mn), share (%), Y-o-Y growth rate, CAGR (%) analysis
- ehealth market demand analysis
- ehealth market regional insights with region-wise market breakdown
- Competitive analysis – key companies profiling including their market share, product offerings, and competitive strategies.
- Latest developments and innovations in ehealth market
- Regulatory landscape by key regions and key countries
- ehealth market sales and distribution strategies
- A comprehensive overview of parent market
- A detailed viewpoint on ehealth market forecast by countries
- Mergers and acquisitions in ehealth market
- Essential information to enhance market position
- Robust research methodology
- Frequently Asked Questions -
What are the key drivers of growth in the eHealth market?
The growth of the eHealth market is driven by factors such as technological advancements, increasing demand for remote healthcare services, rising health awareness, and the need for cost-effective healthcare solutions.
What are the challenges faced in implementing eHealth solutions?
Challenges include data privacy concerns, integration with existing healthcare systems, limited access to technology in some regions, and resistance from healthcare providers due to the adoption of new digital tools.
What is the future outlook for the eHealth market?
The eHealth market is expected to continue growing, driven by innovations in telehealth, AI applications in healthcare, and the increasing use of wearable devices that provide real-time health data.
