Global eHealth Market Report and Forecast 2024-2032

Global eHealth Market Outlook

The global eHealth market value was USD 182.76 billion in 2023, driven by the growing demand for remote patient monitoring structures across the globe. The market size is anticipated to grow at a CAGR of 18.6% during the forecast period of 2024-2032 to achieve a value of USD 848.50 billion by 2032.

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Growing Demand for Telemedicine Aiding the Growth of the eHealth Industry

The rising demand for decentralised care to enhance the cost-effectiveness of healthcare services is increasing the adoption of telemedicine, hence invigorating the growth of the eHealth industry. As the demand for personalised healthcare is increasing, the deployment of telemedicine is significantly surging. The growing trend of preventive healthcare, along with the advent of mobile health, is increasing the popularity of wearable devices, further propelling the market growth. Moreover, the introduction of various favourable government initiatives to accelerate the adoption of eHealth is fuelling the market growth. For instance, in October 2020, the Indian government collaborated with the Dutch government to provide digital health facilities and security, facilitating the digital transformation of the healthcare sector in both countries.

Rapid Digitisation During the COVID-19 Outbreak Accelerating the Market Growth of eHealth

The growth of the ehealth industry escalated during the surge of the COVID-19 pandemic as various technologies such as artificial intelligence (AI) and big data were leveraged for remote monitoring and health management. The pandemic also compelled various governments to have a swift transition of patients’ records and care to ehealth owing to prolonged lockdowns and concerns regarding the resurgence of the virus, which augmented the market growth during the pandemic. The trend is expected to continue as the awareness regarding the benefits of ehealth is increasing, which is projected to propel the market growth in the forecast period.

eHealth: Market Segmentation

eHealth is a healthcare practice that leverages the internet and other technologies to provide enhanced health care, monitoring, and diagnostics to patients effectively. It also enables the utilisation of various data-driven insights to provide enhanced and personalised healthcare. Moreover, ehealth allows easy accessibility to healthcare resources to both patients and healthcare professionals to improve the overall quality of healthcare services.

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The major services of ehealth are:

• Monitoring Services
  • Vital Sign Monitoring
  • Special Monitoring
• Diagnosis Services
• Healthcare System Strengthening

The market can be broadly categorised on the basis of its types into:

• Electronic Health Record (EHR)
• E-Prescribing
• Clinical Decision Support
• Telemedicine
• Consumer Health Informatics
• Health Management
• mHealth
• Healthcare Information System

By end use, the market is divided into:

• Providers
• Public and Private Insurers
• Government
• Healthcare Consumers

The EMR report looks into the regional markets of ehealth like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

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Advancements in Electronic Health Records (EHR) to Invigorate the Growth of the eHealth Industry

Technological advancements and innovations in electronic health records (EHR) are boosting the adoption of ehealth solutions, therefore augmenting the market growth. As providers are increasingly attempting to create electronic health records with safer and smarter systems to surge the accessibility, the market for ehealth is rapidly growing. Furthermore, the development of cost-effective electronic health records (EHR) systems with enhanced functionality and user-friendliness is leading to a surge in the adoption of ehealth services, which is significantly contributing to the market growth. The advent of value-based care models is also increasing the demand for ehealth, further catalysing the industry growth.

Moreover, the integration of artificial intelligence (AI) and machine learning to automate saving patients’ information and data entry workload of healthcare professionals while easing the access and security of information is significantly contributing to the industry growth. It is also expected to surge patients’ engagement by increasing patient-oriented services, which is projected to bolster the market growth. In addition, increasing research and development (R&D) activities to accelerate the interoperability and integration of electronic health records to boost the accessibility of data to healthcare professionals is expected to provide further impetus to the market growth.

Key Industry Players in the Global eHealth Market

The report presents a detailed analysis of the following key players in the global ehealth market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

• General Electric Company
• Teladoc Health, Inc.
• Motion Computing Inc.
• Epocrates Inc.
• Siemens Healthcare GmbH
• Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Highlights of the Report

eHealth Market Report Snapshots 

eHealth Market Size

eHealth Companies