The universal eHealth Market business report can be used by market players to learn about the competitive landscape and the level of competition in the global market. The market data included in this market research report aids in estimating the demand of particular product in the market with respect to several factors. In the same way, market segmentation is another vital parameter that categorises the market share of product depending upon application, vertical deployment model, end-user, and geographical usage etc. eHealth Market survey report includes a comprehensive evaluation of the market’s growth prospects and restrictions.
All the market information in eHealth Market report is supplied in such a way that it properly gives explanation of various facts and figures to the business. This reliable market report comes out as an influential tool that players can use to prepare themselves for securing a lion’s share of the global eHealth Market. To perform competitive analysis, a number of strategies of the major players in the market have been referred that include new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others which lead to a rise of their footprints in the market. The market analysis and competitor analysis helps the firm in determining the range in terms of sizes, colours, designs, and prices, etc within which its products are to be offered to the consumers.
Global eHealth market is supportive and aims to reduce the progression of the disease. Data Bridge Market Research analyses that the global eHealth market will grow at a CAGR of 24.7% from 2022 to 2029.
Definition
A relatively new kind of healthcare delivery assisted by electronic procedures and communication is called eHealth (sometimes spelled eHealth). The word is used in various ways because it encompasses "nearly anything linked to computers and medicine," not just "Internet medicine" as it was originally defined at the time. Some contend that it can be used interchangeably with the term "health informatics," which they define as including all electronic and digital health processes. In contrast, others define it more specifically as Internet-based healthcare. It can also comprise mHealth, or m-Health, links and applications on mobile devices.
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Key Growth Drivers:
- Increasing prevalence of chronic diseases
With the rising economic growth, people are more interested in long-term health and wellness. Diabetes patients need devices to monitor their sugar levels, check pregnancy, increase the demand for pregnancy strips, and monitor blood pressure. There is a growing demand for devices such as blood glucose monitors, sphygmomanometers, and others. Home healthcare management service helps manage chronic diseases such as diabetes, heart failure or chronic obstructive pulmonary disease (COPD), and cancer. Its service includes nursing service, hospice service, and medication dispensing.
Different types of chronic diseases, including cancer and cardiovascular disease, are increasing globally. Below are some of the chronic diseases which are increasing, due to which the demand for home healthcare service has increased as it will provide day-to-day treatment to those suffering from chronic diseases. As a result of the sedentary lifestyle of people, the prevalence of lifestyle-associated disorders such as hypertension and diabetes shows the rise nowadays. Thus, the rising prevalence of chronic diseases with the growing integration of healthcare data with portable devices is expected to demand proper health management, leading to the anticipated increasing demand for e-health services in the global eHealth market in the forecast period.
- Rise in the technological advancements in eHealth
Devices based on new technologies such as big data, analytics, and cloud-based services help store patients' data. This data is accessible to patients and doctors, where the patient can check his treatment history from anywhere and at any time. Mobile App facilitates the relationship between doctors and patients. A patient can check for the doctor's medical status and access the doctor's information at any time. Moreover, increasing technological advancements in eHealth devices with advanced features have resulted in proper management for patients and doctors, which is anticipated to boost the global eHealth market growth.
Visiting a hospital and further undergoing treatment is quite an expensive procedure. To avoid repeated visits to hospitals, the company manufactures devices with advanced technology, which helps in improving the quality of life of patients, thus boosting the growth of the global eHealth market.
The report emphasizes the participation of key entities, notably:
- Allscripts Healthcare, LLC
- IBM Corporation
- Athenahealth
- Epic Systems Corporation
- Koninklijke Philips N.V.
- Siemens Healthcare GmbH
- Apple Inc.
- eHealth Technologies
- Lifen
- SATmed
- Kazaam INC.
- Teladoc Health, Inc.
- Doximity, Inc.
- Implantica
- Medisafe
- iHealth Labs Inc
- Medtronic
- Boston Scientific Corporation
- General Electric Company
- Cantata Health Solutions
- BioTelemetry, a Philips Company
- McKesson Corporation
- Oracle
- Cisco Systems
- Optum Inc.
Key Market Perspectives:
- Thorough examination of prevailing market tendencies
- Updates on the latest product advancements and innovations
- eHealthmarket's Compound Annual Growth Rate (CAGR) for both historic and forecasted years
- Strategies and activities of prominent players and brands in the field
- Insights into the industry landscape for emerging participants
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Key Market Segmentation
By Offering (Solutions and Services), Deployment (Cloud and On-Premises), Enterprise Size (Large Enterprises and Small and Medium Enterprises), Functionality (Content Management System, Group Messaging, Dashboard, Video Sessions, Social Support, and Others), Technology (Internet of Things (IoT), ChatbotsArtificial Intelligence, Block Chain and Big Data, and Others), End User (Healthcare Providers, Payers, Healthcare Consumers, Pharmacies, and Others)
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