eHealth Market Scope
eHealth, also known as electronic health or digital health, refers to the application of information and communication technologies (ICT) in healthcare to improve the delivery, management, and accessibility of healthcare services. It encompasses a wide range of technologies, platforms, and systems that support healthcare providers, patients, and other stakeholders in various aspects of healthcare. EHRs are digital versions of a patient's medical records, which include their medical history, diagnoses, treatments, medications, and test results. EHRs improve the efficiency and accuracy of healthcare information by enabling real-time access, updating, and sharing of patient data among healthcare providers.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | CVS Health Corp. (United States), UnitedHealth Group Inc. (United States), McKesson Corp.(United States), AmerisourceBergen Corp.(United States), Cardinal Health Inc. (United States), Cigna Corp.(United States), Elevance Health (United States), Centene Corp.(United States), Walgreens Boots Alliance Inc. (United States) and Pfizer (United States) |
CAGR | % |
In order to improve e-health, numbers of large and small industry players actively engage in environmentally friendly strategies. Numerous government alliances and collaborations with regard to the market also help to develop the leading companies' competencies. They now have a competitive advantage to keep their market share.
CVS Health Corp. (United States), UnitedHealth Group Inc. (United States), McKesson Corp.(United States), AmerisourceBergen Corp.(United States), Cardinal Health Inc. (United States), Cigna Corp.(United States), Elevance Health (United States), Centene Corp.(United States), Walgreens Boots Alliance Inc. (United States) and Pfizer (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are General Electric Company (United States) and Medtronic (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global eHealth market by Type , by Application (Websites, PC software, Smartphone and Tablet) and Region with country level break-up.
On the basis of geography, the market of eHealth has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2022.
Market Leaders and their expansionary development strategies
Signify Health is now fully acquired by CVS Health. In order to identify chronic illnesses, eliminate treatment gaps, and address socioeconomic determinants of health, clinicians are brought into the house by Signify Health, a major provider of technology and services
To enable people to access a dedicated care team around-the-clock and receive high-quality care at a lower cost, UnitedHealthcare introduce the new Virtual-First health plan
Influencing Trend:
Recently A technical framework known as "e-prescribing" or "electronic prescribing" enables doctors and other healthcare professionals to write and send prescriptions to a participating pharmacy in an electronic format as opposed to utilizing written prescriptions
Market Growth Drivers:
Increase in government initiatives supporting the utilization of e-health solutions and services. eHealth can assist in managing chronic conditions, monitoring vital signs remotely, providing personalized care plans, and enabling timely interventions
Challenges:
Privacy, licensing, and data breach-related security issues
Restraints:
The digitization and exchange of health information raise concerns about the privacy and security of sensitive patient data. Adopting of e-health service providers is hampered by a shortage of trained professionals
Opportunities:
eHealth technologies, such as telemedicine and mobile health apps, provide opportunities to expand access to healthcare services, particularly in underserved or remote areas. eHealth enables remote monitoring of patients with chronic diseases, facilitating early detection of health issues and personalized care management