eHealth Software and Services Market Growth With Healthy CAGR of 11.8% to reach US$ 458.3 Bn till 2027 | Global Size, Trends Insight, Share, Industry Demand with key players like McKesson Corporation, eHealth Technologies, GE Healthcare

EHealth can be considered an extension of electronic commerce and health care. The framework is the basis for curriculum development in allied health education. This applications manage, transmit, store or record information used in the delivery of healthcare treatment, payment or record keeping.

The global eHealth software and services market is estimated to account for US$ 210.3 Bn in terms of value in 2020 and is expected to reach US$ 458.3 Bn by the end of 2027.

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Global eHealth Software and Services Market: Drivers

Rapid penetration of smartphones is propelling growth of the global eHealth software and services market over the forecast period. For instance, according to Pew Research Center, as of February 2019, 81% of U.S. adults used smartphones compared to 77% in October 2018.

Global eHealth Software and Services Market: Opportunities

Growing penetration of internet is providing lucrative growth opportunities for players in the global eHealth software and services market. For instance, according to China government-backed Market Intelligence & Consulting Institute and reported by China Internet Watch, internet penetration in China reached 61.2 percent in the first half of 2019, with 854 million internet users at the end of June 2019.

Global eHealth Software and Services Market: Restraints

Lack of security measures is restricting growth of the global eHealth software and services market. Multiple device access to healthcare data and applications, on- and off-premise, raises security concerns. In case of eHealth software and services, there would be high risk of loss of unlocked confidential data to an unauthenticated user.

Key Takeaways:

The global eHealth software and services market was valued at US$ 187.7 Bn in 2019 and is forecast to reach a value of US$ 458.3 Bn by 2027 at a CAGR of 11.8% between 2020 and 2027. Launch of novel eHealth software and services, and emergence of pandemic diseases is a prime factor propelling market growth.

eHealth Software held leading position in the global eHealth software and services market in 2019, accounting for 69.6% share in terms of value, followed by eHealth Services, respectively. Launch of new software solutions is expected to support growth of the segment over the forecast period.

Market Trends

Growing adoption of eHealth software and services is augmenting growth of the market. For instance, in February 2020, KareXpert Technologies, a digital healthcare platform provider, implemented RIS/PACS, Telemedicine, HIMS, EMR/EHR, and other services in the state of Uttrakhand, India, under a 5-year MoU with Nainital district administration.

Moreover, introduction of apps that integrate with RIS platforms and electronic health record is again projected to boost adoption of eHealth software and services. For instance, in April 2020, MedInformatix, a health IT company, launched Wait in Car, a new mobile-friendly application that allows patients to wait in the safety of their automobiles for assigned medical appointments. The app integrates with RIS platforms and electronic health record (EHR) to provide the service.

Global eHealth Software and Services Market: Competitive Landscape   

McKesson Corporation, eHealth Technologies, GE Healthcare, Johnson and Johnson Healthcare Systems, Inc., Aerotel Medical Systems, Ltd., Siemens AG, Allscripts Healthcare Solutions, Inc., E*HealthLine.Com, Inc., AT&T Inc., RamSoft, Apple, Inc., Fitbit, Sectra, Doctor on Demand, Evident, eRAD, AdvancedMD, and KareXpert Technologies.

Global eHealth Software and Services Market: Key Developments

April 2019: Doctor on Demand, a U.S.-based telemedicine provider, signed a partnership with Humana to create a new health plan that is focused on virtual primary care.

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July 2018: AdvancedMD acquired U.S.-based healthcare software as a service company, Nuesoft Technologies, in order to expand its cloud network of practitioners and physicians that utilize end-to-end workflow automation

Segmentation

• By Type
  • eHealth Software
    • Healthcare System Applications
    • mHealth Applications (Solutions for patients)
  • eHealth Services
    • Tele-Health
    • mHealth
  • By End User
    • Public/Private healthcare institutions
    • Physicians
    • Healthcare workers
    • Individuals
  • By Region
    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • Middle East
    • Africa

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Table of Content

Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 eHealth Software and Services Market Size Analysis from 2022 to 2028
11.6 COVID-19 Outbreak: eHealth Software and Services Industry Impact

Chapter 2 Global eHealth Software and Services Competition by Types, Applications, and Top Regions and Countries
2.1 Global eHealth Software and Services (Volume and Value) by Type
2.3 Global eHealth Software and Services (Volume and Value) by Regions

Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis

Chapter 4 Global eHealth Software and Services Sales, Consumption, Export, Import by Regions (2017-2022)
Chapter 5 North America eHealth Software and Services Market Analysis
Chapter 6 East Asia eHealth Software and Services Market Analysis
Chapter 7 Europe eHealth Software and Services Market Analysis
Chapter 8 South Asia eHealth Software and Services Market Analysis
Chapter 9 Southeast Asia eHealth Software and Services Market Analysis
Chapter 10 Middle East eHealth Software and Services Market Analysis
Chapter 11 Africa eHealth Software and Services Market Analysis
Chapter 12 Oceania eHealth Software and Services Market Analysis
Chapter 13 South America eHealth Software and Services Market Analysis
Chapter 14 Company Profiles and Key Figures in eHealth Software and Services Business
Chapter 15 Global eHealth Software and Services Market Forecast (2022-2028)
Chapter 16 Conclusions
Research Methodology