eHealth Market Size, Share & Trends Analysis Report By Product (Big Data For Health, EHR, mHealth, Health Information Systems), By Services, By End Use, By Region, And Segment- Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and F
Description
The global eHealth market size was estimated at USD 285.02 billion in 2023 and is projected to hit around USD 1,393.64 billion by 2033, growing at a CAGR of 17.2% during the forecast period from 2024 to 2033.
Key Takeaways:
The global eHealth market size was valued at USD 334.04 billion in 2024 and is expected to expand at a CAGR of 17.1% over the forecast period.
North America dominated the overall eHealth industry with a share of 41.3% in 2023
The Asia Pacific is expected to witness lucrative growth during the forecast period
The monitoring segment held the largest revenue share of over 64.0% in 2023.
The diagnostic services segment is expected to witness lucrative growth over the forecast period with a CAGR of over 15.1%.
End-Users of eHealth include healthcare providers, insurers, government, and healthcare consumers. Healthcare providers held a substantial share of 54.9% in 2023
The insurer segment is expected to witness lucrative growth during the forecast period.
eHealth Market Growth
The eHealth offers cost-effective healthcare delivery in both high and low-income countries. As a result, the World Health Organization (WHO) is promoting eHealth and urging member states to form a strategic plan for the deployment of digital health services in the various domain of the healthcare sector, acting as a high-impact rendering driver for the growth of this industry.
Over the forecast period, the COVID-19 influence is projected to drive the market for eHealth solutions. Key Players such as Allscripts Healthcare offer packages of COVID-19 solutions for providers that address disease-specific needs inside SunriseTM EHR, Parago EHR, and Allscripts Care Director, aiming to reduce screening and monitoring time.
As a result of the sedentary lifestyle of people, the prevalence of lifestyle-associated disorders such as hypertension and diabetes is expected to witness a hike over the forecast period. These diseases demand round-the-clock monitoring of various physiological parameters such as blood pressure and blood sugar levels. These allow integration of healthcare data with portable devices and further this can be forwarded to the physician which gives real-time access to data and reduces errors, thereby boosting the demand for eHealth.
Increasing awareness among people about eHealth and rising acceptance levels among healthcare professionals, coupled with evidence of the efficiency of using this technology is anticipated to result in substantial growth for this industry. However, rising demand for the secure infrastructure of data privacy and growing security concerns are expected to inhibit the growth of these services during the forecast period. In addition, the lack of supporting infrastructure in developing regions with the high cost of health IT tools is expected to restrain the growth of this industry.
eHealth Market Report Scope
Report Attribute
Details
Market Size in 2024
USD 334.04 Billion
Market Size by 2033
USD 1,393.64 Billion
Growth Rate From 2024 to 2033
CAGR of 17.2%
Base Year
2023
Forecast Period
2024 to 2033
Segments Covered
Product, service, end-user, region
Market Analysis (Terms Used)
Value (US$ Million/Billion) or (Volume/Units)
Report Coverage
Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Key Companies Profiled
Motion Computing Inc., Epocrates Inc., Telecare Corporation, Medisafe, Set Point Medical, IBM, Doximity, Lift Labs, and Apple
Segments Insights:
Product Insights
The global eHealth market size was valued at USD 334.04 billion in 2024 and is expected to expand at a CAGR of 17.1% over the forecast period. The eHealth offers cost-effective healthcare delivery in both high and low-income countries. As a result, World Health Organization (WHO) is promoting eHealth and urging member states to form a strategic plan for the deployment of digital health services in the various domain of the healthcare sector, acting as a high impact rendering driver for the growth of this industry.
The EHR segment is expected to witness positive growth in the forthcoming years which can be attributed to the increasing adoption of EHR by many developed and developing nations. EHR improves healthcare quality and offers convenience for healthcare providers in terms of quick access to patient records, improved decision support, provides clinical alerts, and real-time quality reporting. These benefits contributed to the growth in the adoption of electronic health records worldwide.
Services Insights
The monitoring segment held the largest revenue share of over 64.0% in 2023. Growing demand for self-monitoring devices that automatically monitors various physical activities and vital signs and generates a database, is expected to propel the growth of this segment. Based on services, the market has been segmented into monitoring, diagnostic, healthcare strengthening, and other services. The monitoring segment includes vital signs, specialty, adherence monitoring, and accessories.
The diagnostic services segment is expected to witness lucrative growth over the forecast period with a CAGR of over 15.1%. Diagnostic services offer connectivity to patients instantly, which assists in the diagnosis of ailments and other healthcare issues. This factor is expected to drive the demand for these services and provide a fillip to the market during the forecast period.
End-use Insights
End-Users of eHealth include healthcare providers, insurers, government, and healthcare consumers. Healthcare providers held a substantial share of 54.9% in 2023, as eHealth offers great convenience to healthcare professionals in terms of patient workflow and data management.
The insurer segment is expected to witness lucrative growth during the forecast period. eHealth synchronizes all the healthcare data, which reduces the time required for paperwork. It also assists in faster claims settlement. Such advantages are anticipated are projected to contribute to the growth in the forthcoming years.
Regional Insights
Geographically, the eHealth market is divided into North America, Europe, Asia-Pacific, Latin America, and MEA. North America dominated the overall eHealth industry with a share of 41.3% in 2023 which can be attributed to the availability of supportive infrastructure such as high-speed internet.
The Asia Pacific is expected to witness lucrative growth during the forecast period owing to increasing government support to improve healthcare infrastructure. The presence of a large population base suffering from chronic disorders and the high unmet medical needs of the patient are the major factors expected to expedite the regional market growth over the forecast period.
Key Companies & Market Share Insights
The key trends witnessed in this market include new product launches, technological advancements, and collaborations to gain a competitive advantage. For instance, in May 2021, Lytus Technologies Holdings PTV. Ltd launched Lytus Telemedicine. It is a platform for telemedicine/telehealth services that actively serve the U.S. and Indian markets. This launch is expected to help the company to increase the penetration of E-health services. Some of the prominent players in the global eHealth market include:
Motion Computing Inc.
Epocrates Inc.
Telecare Corporation
Medisafe
SetPoint Medical
IBM
Doximity
Lift Labs
Apple
Segments Covered in the Report
This report forecasts revenue growth at country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Nova one advisor, Inc. has segmented the EHealth market.
By Product
Big Data for Health
Electronic Health Record (EHR)
Health Information Systems (HIS)
mHealth
Telemedicine
By Service
Monitoring Services
Vital Signs Monitoring
Specialty Monitoring
Adherence Monitoring
Accessories
Sensors
Others
Diagnostic Services
Healthcare Strengthening
Others
By End-use
ProvidersInsurers
Government
Healthcare consumers
By Region
North America
Europe
Asia-Pacific
Latin America
Middle East & Africa (MEA)
Key Takeaways:
The global eHealth market size was valued at USD 334.04 billion in 2024 and is expected to expand at a CAGR of 17.1% over the forecast period.
North America dominated the overall eHealth industry with a share of 41.3% in 2023
The Asia Pacific is expected to witness lucrative growth during the forecast period
The monitoring segment held the largest revenue share of over 64.0% in 2023.
The diagnostic services segment is expected to witness lucrative growth over the forecast period with a CAGR of over 15.1%.
End-Users of eHealth include healthcare providers, insurers, government, and healthcare consumers. Healthcare providers held a substantial share of 54.9% in 2023
The insurer segment is expected to witness lucrative growth during the forecast period.
eHealth Market Growth
The eHealth offers cost-effective healthcare delivery in both high and low-income countries. As a result, the World Health Organization (WHO) is promoting eHealth and urging member states to form a strategic plan for the deployment of digital health services in the various domain of the healthcare sector, acting as a high-impact rendering driver for the growth of this industry.
Over the forecast period, the COVID-19 influence is projected to drive the market for eHealth solutions. Key Players such as Allscripts Healthcare offer packages of COVID-19 solutions for providers that address disease-specific needs inside SunriseTM EHR, Parago EHR, and Allscripts Care Director, aiming to reduce screening and monitoring time.
As a result of the sedentary lifestyle of people, the prevalence of lifestyle-associated disorders such as hypertension and diabetes is expected to witness a hike over the forecast period. These diseases demand round-the-clock monitoring of various physiological parameters such as blood pressure and blood sugar levels. These allow integration of healthcare data with portable devices and further this can be forwarded to the physician which gives real-time access to data and reduces errors, thereby boosting the demand for eHealth.
Increasing awareness among people about eHealth and rising acceptance levels among healthcare professionals, coupled with evidence of the efficiency of using this technology is anticipated to result in substantial growth for this industry. However, rising demand for the secure infrastructure of data privacy and growing security concerns are expected to inhibit the growth of these services during the forecast period. In addition, the lack of supporting infrastructure in developing regions with the high cost of health IT tools is expected to restrain the growth of this industry.
eHealth Market Report Scope
Report Attribute
Details
Market Size in 2024
USD 334.04 Billion
Market Size by 2033
USD 1,393.64 Billion
Growth Rate From 2024 to 2033
CAGR of 17.2%
Base Year
2023
Forecast Period
2024 to 2033
Segments Covered
Product, service, end-user, region
Market Analysis (Terms Used)
Value (US$ Million/Billion) or (Volume/Units)
Report Coverage
Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Key Companies Profiled
Motion Computing Inc., Epocrates Inc., Telecare Corporation, Medisafe, Set Point Medical, IBM, Doximity, Lift Labs, and Apple
Segments Insights:
Product Insights
The global eHealth market size was valued at USD 334.04 billion in 2024 and is expected to expand at a CAGR of 17.1% over the forecast period. The eHealth offers cost-effective healthcare delivery in both high and low-income countries. As a result, World Health Organization (WHO) is promoting eHealth and urging member states to form a strategic plan for the deployment of digital health services in the various domain of the healthcare sector, acting as a high impact rendering driver for the growth of this industry.
The EHR segment is expected to witness positive growth in the forthcoming years which can be attributed to the increasing adoption of EHR by many developed and developing nations. EHR improves healthcare quality and offers convenience for healthcare providers in terms of quick access to patient records, improved decision support, provides clinical alerts, and real-time quality reporting. These benefits contributed to the growth in the adoption of electronic health records worldwide.
Services Insights
The monitoring segment held the largest revenue share of over 64.0% in 2023. Growing demand for self-monitoring devices that automatically monitors various physical activities and vital signs and generates a database, is expected to propel the growth of this segment. Based on services, the market has been segmented into monitoring, diagnostic, healthcare strengthening, and other services. The monitoring segment includes vital signs, specialty, adherence monitoring, and accessories.
The diagnostic services segment is expected to witness lucrative growth over the forecast period with a CAGR of over 15.1%. Diagnostic services offer connectivity to patients instantly, which assists in the diagnosis of ailments and other healthcare issues. This factor is expected to drive the demand for these services and provide a fillip to the market during the forecast period.
End-use Insights
End-Users of eHealth include healthcare providers, insurers, government, and healthcare consumers. Healthcare providers held a substantial share of 54.9% in 2023, as eHealth offers great convenience to healthcare professionals in terms of patient workflow and data management.
The insurer segment is expected to witness lucrative growth during the forecast period. eHealth synchronizes all the healthcare data, which reduces the time required for paperwork. It also assists in faster claims settlement. Such advantages are anticipated are projected to contribute to the growth in the forthcoming years.
Regional Insights
Geographically, the eHealth market is divided into North America, Europe, Asia-Pacific, Latin America, and MEA. North America dominated the overall eHealth industry with a share of 41.3% in 2023 which can be attributed to the availability of supportive infrastructure such as high-speed internet.
The Asia Pacific is expected to witness lucrative growth during the forecast period owing to increasing government support to improve healthcare infrastructure. The presence of a large population base suffering from chronic disorders and the high unmet medical needs of the patient are the major factors expected to expedite the regional market growth over the forecast period.
Key Companies & Market Share Insights
The key trends witnessed in this market include new product launches, technological advancements, and collaborations to gain a competitive advantage. For instance, in May 2021, Lytus Technologies Holdings PTV. Ltd launched Lytus Telemedicine. It is a platform for telemedicine/telehealth services that actively serve the U.S. and Indian markets. This launch is expected to help the company to increase the penetration of E-health services. Some of the prominent players in the global eHealth market include:
Motion Computing Inc.
Epocrates Inc.
Telecare Corporation
Medisafe
SetPoint Medical
IBM
Doximity
Lift Labs
Apple
Segments Covered in the Report
This report forecasts revenue growth at country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Nova one advisor, Inc. has segmented the EHealth market.
By Product
Big Data for Health
Electronic Health Record (EHR)
Health Information Systems (HIS)
mHealth
Telemedicine
By Service
Monitoring Services
Vital Signs Monitoring
Specialty Monitoring
Adherence Monitoring
Accessories
Sensors
Others
Diagnostic Services
Healthcare Strengthening
Others
By End-use
ProvidersInsurers
Government
Healthcare consumers
By Region
North America
Europe
Asia-Pacific
Latin America
Middle East & Africa (MEA)
Table of Contents
701 Pages
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