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 Forecasts 2022 - 2030

Report Overview

The global eHealth market size was valued at USD 204.32 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 17.4% from 2022 to 2030. 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.

Product Insights

In terms of revenue, mHealth is expected to maintain its dominance during the forecast period with a CAGR of over 27.0%. This substantial growth in mHealth can be attributed to transforming consumer preferences on account of increasing consumption and demand for data services coupled with the rapidly growing penetration of smartphones. In addition, 3G and 4G enabled services such as high-speed data transfer and video calling to assists in fast healthcare delivery. Based on products, the eHealth market is segmented into Electronic Health Records (EHR), health information systems, m-health, and big data for health.

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 60.0% in 2021. 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 15.0%. 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

The healthcare providers segment held a substantial revenue share of over 50% in 2021. eHealth offers great convenience to healthcare professionals in terms of patient workflow and data management. This is expected to contribute to the growth of the segment in the forthcoming years. Based on End-users, the market is segmented into healthcare providers, insurers, government, and healthcare consumers.

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

North America dominated the overall eHealth industry with a revenue share of over 38.0% in 2021. This can be attributed to the availability of supportive infrastructure such as high-speed internet. Based on geography, the market for eHealth is divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA).

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

eHealth Market Report Scope

Segments Covered in the Report

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global eHealth market report based on product, service, end-use, and region:

• Product Outlook (Revenue, USD Million, 2017 - 2030)

  • Big Data for Health

  • Electronic Health Record (EHR)

  • Health Information Systems (HIS)

  • mHealth

  • Telemedicine

• Service Outlook (Revenue, USD Million, 2017 - 2030)

  • Monitoring Services

    • Vital Signs Monitoring

    • Specialty Monitoring

    • Adherence Monitoring

    • Accessories

      • Sensors

      • Others

  • Diagnostic Services

  • Healthcare Strengthening

  • Others

• End-use Outlook (Revenue, USD Million, 2017 - 2030)

  • Providers

  • Insurers

  • Government

  • Healthcare consumers

• Regional Outlook (Revenue, USD Million, 2017 - 2030)

  • North America

    • U.S.

    • Canada

  • Europe

    • U.K.

    • Germany

    • France

    • Italy

    • Spain

    • Russia

    • Denmark

    • Sweden

    • Netherlands

  • Asia Pacific

    • Japan

    • China

    • India

    • Australia

    • Singapore

  • Latin America

    • Brazil

    • Mexico

  • Middle East and Africa

    • South Africa

    • Saudi Arabia