Global E-health market is valued approximately at USD 56.6 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 22.8% over the forecast period 2020-2027.
Report Ocean presents a new report on E-health Market size, share, growth, industry trends, and forecast 2030, covering various industry elements and growth trends helpful for predicting the market’s future. E-health comprises of managing healthcare organization with the assistance of information and communication technology (ICT). ICT has been broadly used in the type of telemedicine and medical health records. With telemedicine, it is feasible to electronically store the data related to patients, finance, and staff of the hospital. This has transformed the way of keeping healthcare data. Advancements in technology is anticipated to be the leading factor, boosting the growth of E-health market.
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The increasing use of Remote Health Monitoring Devices is an expansion of the digital transformation in healthcare, serving the pharmaceutical companies to increase clinical trial activities, empowering insurance companies to involve with the customers, and providing easy access of data for health consumers. For instance, in 2019, Bayer introduced LifeHub UK to hasten and improve disease detection and records-driven drug detection by development of artificial-intelligence-assisted imaging solutions. Similarly, in 2019, Klinikum Stuttgart Hospital and Philips have contracted a 10-year novelty partnership agreement. It comprises the ordering of state-of-the-art medical technology and demand-oriented alternative, which includes the intelligent informatics solutions and diagnostic imaging, at the Klinikum Stuttgart hospitals, as well as the joint development of connected care solutions and new workflows. Additionally, Due to rising demand for remote data access and storage of data of the hospitals, players in this market are taking initiatives for their expansion in the market.
? In January 2019, Cerner Corporation has partnered with ResMed. This partnership assisted in the improvement of the connection among home care and healthcare systems by the integration of the Hospice and Brightree Home Health proposal with Cerner’s Millennium EHR.
? In October 2019, Allscripts signed an agreement with Northwell Health. This deal assisted the companies to mutually develop an advanced, AI-powered electronic health record.
However, factors such as complication of advanced healthcare IT systems and the absence of user-friendliness, may impede the market growth over the forecast period of 2020-2027.
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The regional analysis of the global E-health market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share due to beneficial regulatory scenario, excessive adoption of HCIT solutions in the region. Whereas Asia Pacific is also anticipated to exhibit the highest growth rate/CAGR over the forecast period 2020-2027, owing to government investments and reforms to improve healthcare systems in the region.
Major market player included in this report are:
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Application offerings of key players.
The detailed segments and sub-segment of the market are explained below:
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Rest of the World
What are the aspects of this report that relate to regional analysis?
The report’s geographical regions include North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
The report provides a comprehensive analysis of market trends, including information on usage and consumption at the regional level.
Reports on the market include the growth rates of each region, which includes their countries, over the coming years.
How are the key players in the market assessed?
This report provides a comprehensive analysis of leading competitors in the market.
The report includes information about the key vendors in the market.
The report provides a complete overview of each company, including its profile, revenue generation, cost of goods, and products manufactured.
The report presents the facts and figures about market competitors, alongside the viewpoints of leading market players.
A market report includes details on recent market developments, mergers, and acquisitions involving the key players mentioned.
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