The global eHealth market size is projected to reach USD 193.8 billion by 2025 from USD 69.5 billion in 2020, at a CAGR of 22.8% during the forecast period. Factors such as rising disposable income, introduction of innovative and advanced eHealth solutions and rising number of infectious diseases are expected to drive the growth of the eHealth market.
Players in the global eHealth Market include Cerner (US), McKesson (US), Philips Healthcare (Netherlands), GE Healthcare (US), and Allscripts (US). Other leading players in this market include athenahealth (US), Epic Systems (US), IBM (US), Optum (US), Siemens Healthineers (Germany), Medtronic (Ireland), and Cisco Systems (US).. These players are focusing on increasing their presence in high-growth markets through both organic as well as inorganic growth strategies, including service launches, expansions, collaborations, and partnerships.
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Geographically, the North American market accounted for the largest share of the eHealth market in 2019 due to the presence of a well-established base of eHealth companies, high investments in the several healthcare IT, and increasing RD expenditure. The Asia Pacific market is expected to register the highest growth during the forecast period due to increasing healthcare expenditures and improving regulatory scenario. Improving regulatory scenario has lowered the entry barriers in Asian countries that has increased the number of companies in such developing countries thereby, proving beneficial for the industry growth.
Report Highlights
Refinements in the segments of the eHealth market
The current edition of the report consists of an updated market overview.
Region:
In the current edition of the report, the market sizing had been
provided at the country-level. Moreover, Covid-19 impact has also been
provided at country level.
Industry Insights: The current edition of
the report provides regulatory and ecosystem analysis. Furthermore,
current industry trends have also covered in the report.
Updated financial information/ product portfolio of players
The
new edition of the report provides updated financial information in the
context of the eHealth market until 2019 for each listed company in the
graphical representation in a single diagram (instead of multiple
tables). This will easily help analyze the present status of profiled
companies in terms of their financial strength, profitability, key
revenue-generating region/country, business segment focus in terms of
the highest revenue-generating segment, and investment in research and
development activities.
Updated market developments of profiled players
Recent
developments are important to understand the market trends and growth
strategies adopted by players in the eHealth market space. The current
edition of this report provides updated developments of profiled players
between January 2017 and March 2020, indicating the continuation from
the previous version. Acquisitions have been the principal growth
strategy adopted by market players between these times.
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This study involved the extensive use of both primary and secondary sources. The research process included a study of various factors affecting the industry to identify the segmentation types, industry trends, key players, competitive landscape, key market dynamics, and key player strategies.
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