Global eHealth Market Projected to Grow with CAGR of 16.5% during Forecast Period 2026

Global eHealth Market

The global eHealth market is projected to exhibit a significant growth, at a CAGR of around 16.5%, during the forecast period. Healthcare providers are increasingly using cloud-based applications to put resources into the reach of patients to get educated, monitor their own health, and to share and store their health records. Connected healthcare models such as EHR, IoT medical, telemedicine provides new and significant opportunities for patients to engage with medical staff to better manage their care. Technological advancement coupled with adoption of cloud-based services resulted in healthcare reforms, quality care for the patients and optimization of revenues of healthcare enterprises.

Healthcare systems have been improved over the years after the introduction of cloud services which benefits patients and professionals. Cloud services streamline administration and helps clinicians to maintain records of their patients which can be shared to other clinicians or doctors as per requirement. Additionally, many hospitals and clinics are increasingly using this technology to avoid separate systems for different functions since it provides centralization and an efficient way to manage patient information. It is predicted that more than 85% of physicians recommend patients to track their health at home for better management of diseases and timely treatment. EHR is widely adopted due to error free maintenance of patient’s records and sharing of results and records any time anywhere without any difficulty.

With the introduction of IoT services the direct interaction of patients and physicians are reduced by sharing the patient information through cloud services. IoT platform provides various asset management, facilities management and various continuous engineering programs, such as cost efficiency, real time disease management, and quality care of elderly patient, among others. In developed regions such as the US, UK and Canada, most of the doctors, clinicians and physicians use smartphone for patient monitoring and management. Various healthcare complexities such as billing and invoicing, remote monitoring, patient management, error in medical records and so forth are resolved by the success of R&D in the eHealth market.

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Global eHealth Market-Segmentation

By Type

  • Electronic Health Records (EHR)
  • Telemedicine
  • Health Information System (HIS/HIE)
  • mHealth
  • Clinical Decision Support System (CDSS)
  • Others (e-Prescribing and Laboratory Information System)

By End-User

  • Healthcare Providers
  • Healthcare Consumers
  • Others (Pharmacies)

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