E-health Market to Reach $230.64 Bn, Globally, by 2027 at 14.5% CAGR: Allied Market Research
- Surge in government initiatives toward use of eHealth solutions and services, and increase in need to manage regulatory compliance through use of eHealth solutions drive the growth of global e-health market.
PORTLAND, Ore., April 8, 2021 /PRNewswire/ -- Allied Market Research published a report, titled, "E-health Market by Type (Electronic Health Record (HER); Vendor Neutral Archive (VNA), Picture Archiving, & Communications Systems (PACS); Laboratory Information Systems (LIS); Telehealth; Prescribing Solutions; Medical Apps; Clinical Decision Support Systems (CDSS); Pharmacy Information Systems; and Others) and End User (Healthcare Providers, Payers, Healthcare Consumers, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2027." According to the report, the global e-health industry was estimated at $74.47 billion in 2019, and is anticipated to hit $230.64 billion by 2027, registering a CAGR of 14.5% from 2020 to 2027.
Download Sample Report at: https://www.alliedmarketresearch.com/request-sample/10531
Drivers, restraints, and opportunities-
Surge in government initiatives toward use of eHealth solutions and services, increase in need to manage regulatory compliance through use of eHealth solutions, large population base, and subsequent rise in the number of chronic diseases drive the growth of the global e-health market. On the other hand, lack of skilled professionals restrains the growth to some extent. However, the untapped market in developing regions is expected to create an array of opportunities in the coming years.
The medical apps segment to retain its dominance by 2027-
Based on type, the medical apps segment accounted for around two-fifths of the global e-health market share in 2019, and is expected to lead the trail by 2027, owing to upsurge in demand for quality healthcare services & solutions, increase in acceptance of mHealth practices, surge in demand for improved patient safety & patient care, and rise in government initiatives to promote healthcare information technology (HCIT). The same segment would also grow at the fastest CAGR of 21.0% during the forecast period.
Enquiry for Short-term and Long-term Impacts of COVID-19 at: https://www.alliedmarketresearch.com/purchase-enquiry/10531
The healthcare providers segment to rule the roost-
Based on formulation, the healthcare providers segment contributed to nearly three-fifths of the global e-health maket revenue in 2019, and is anticipated to rule the roost by 2027. This is due to increase in demand for data accuracy to ensure patient safety through improved clinical outcomes, rise in healthcare reforms, and surge in efforts to control healthcare expenditure. On the other hand, the healthcare consumers segment would also register the fastest CAGR of 16.2% from 2020 to 2027.
North America garnered the major share in 2019-
Based on geography, North America held the highest share in 2019, generating more than two-fifths of the global e-health market. This is attributed to favorable regulatory scenario, high adoption of HCIT solutions to curtail soaring healthcare costs, regulatory requirements regarding patient safety, and the presence of a large number of E-health companies in the region. The market across Asia-Pacific, on the other hand, would register the fastest CAGR of 17.2% throughout the forecast period, due to government investments & reforms to modernize healthcare systems, increase in product launches, rise in medical tourism, implementation of e-health programs, and upsurge in per capita income in the province.
Frontrunners in the industry-
Avenue Basic Plan | Library Access | 1 Year Subscription |
Sign up for Avenue subscription to access more than 12,000+ company profiles and 2,000+ niche industry market research reports at $699 per month, per seat. For a year, the client needs to purchase minimum 2 seat plan.
Avenue Library Subscription | Request for 14 days free trial of before buying: https://www.alliedmarketresearch.com/avenue/trial/starter
Get more information: https://www.alliedmarketresearch.com/library-access
We have also published few syndicated market studies in the similar area that might be of your interest. Below are the report title for your reference, considering Impact of Covid-19 Over This Market which will help you to assess aftereffects of pandemic on short-term and long-term growth trends of this market.
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
On Premise Strategies: CBRS and Private LTE
Protecting Critical Infrastructure with Epic Security