EHealth Market Will Be Worth $308.0 Billion By 2022: Grand View Research, Inc.
Global eHealth market is expected to reach USD 308.0
billion by 2022, according to a new report by Grand View Research Inc. The
transition of the healthcare industry into digital healthcare system for
management and analysis of patient health is expected to be the most vital
driver of the market.
Increasing
prevalence of chronic diseases, and technological advancements in this field
are few impact rendering factors. Rising use of mobile technologies and
internet along with increasing adoption for home care by patients is expected
to propel market growth over the forecast period.
North America eHealth market, by product, 2012-2022 (USD Million) |
Furthermore,
expanding scope of IT companies pertaining to the development of real-time
applications and software catering to the healthcare industry is expected to
drive demand over the forecast period. Federal agencies such as the European Coordination
Committee of the Radiological, Electromedical and Healthcare IT Industry
(COCIR), in order to encourage and popularise eHealth, formulated various
policies since 2007. One of these is the eHealth Action Plan, formulated in
December 2012, which includes 16 proposed actions to boost eHealth use, focused
on increasing research, innovation, interoperability and adoption.
The
American Health Information Community (AHIC) was chartered in the U.S. to make
recommendations leading to the likely development of eHealth to the Secretary
of the U.S. Health Department. Based on these recommendations, efforts are
being made to increase awareness levels for currently available mobile
applications and wearable remote monitoring devices.
The
benefits encouraging higher demand include round the clock care service, wider
and faster access to patient information, reduction of administrative and
medical errors, self monitoring and management by patients and centralization
of entire healthcare industry chain.
Browse full
research report on eHealth Market: www.grandviewresearch.com/industry-analysis/e-health-market
Further key
findings from the study suggest:
- The diagnostics segment of eHealth services
market is expected to witness the fastest growth of above 15.0% over the
next seven years owing to, the increasing number of patients with at least
one chronic condition and rising prevalence of infectious diseases.
According to the CDC, more than 50% population of the U.S. accounting for
about 117 million people suffer from at least one chronic condition
requiring routine monitoring.
- The mHealth market is expected to be the
largest and the fastest growing accounting for a market share of over
24.0% by 2022. According to statistics published by the American
Telemedicine Association (ATA), the number of mHealth patents has
increased multi-fold from 2000 to 2015 and over 44 million m-Health
applications were downloaded in 2015 within North America.
- North America is expected to dominate the
market throughout the forecast period with a revenue share of over 30% by
2022. Presence of technologically updated population base and various
current initiatives by the American Health Information Community (AHIC)
are expected to be the drivers of this growth.
- Key players of the market include IBM, McKinsey
& Co., Motion Computing Inc., Epocrates Inc., Telecare Corp., Proteus
Digital Health and Apple. In June 2014, Apple announced the integration of
HealthKit platform into the upcoming iPhone operating system (iOS 8) which
will provide a complete health overview of a person such as weight, sleep
patterns, heart rates measures, blood pressure and calorie intake.
Browse more
reports of this category by Grand View Research: www.grandviewresearch.com/industry/healthcare-it
Grand View Research has segmented the Global eHealth market on the basis
of products, services and region:
eHealth
Service Outlook (Revenue, USD Billion, 2012 - 2022)
- Monitoring
Services
- Vital
Sign Monitoring
- Special
Monitoring
- Adherence
Monitoring
- Accessories
- Sensors
- Others
- Diagnosis
Services
- Healthcare
System Strengthening
- Others
eHealth
Type Outlook (Revenue, USD Billion, 2012 - 2022)
- Electronic
Health Record (EHR)
- E-Prescribing
- Clinical
Decision Support
- Telemedicine
- Consumer
Health Informatics
- Health
Management
- mHealth
- Healthcare
Information System
eHealth
End-use Outlook (Revenue, USD Billion, 2012 - 2022)
- Providers
- Public
and Private Insurers
- Government
- Healthcare
Consumers
eHealth
Regional Outlook (Revenue, USD Billion, 2012 - 2022)
- North
America
- U.S.
- Canada
- Europe
- UK
- Germany
- Asia
Pacific
- Japan
- China
- Latin
America
- Brazil
- MEA
- South
Africa
Access
Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-e-health-market
About Grand
View Research:
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
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