e-Health Market report provides emerging opportunities in the market and the future impact of major drivers and challenges and, support decision makers in making cost-effective business decisions. e-Health Market analyse factors that effect demand for e-Health, driving factors, trends, and challenges faced by industry vendors, regional analysis, Segment by Type, Applications of whole e-Health industry.
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Description of e-Health Market: The global e-health market is expected to register a CAGR of 14.7% during the forecast period of 2018-2023. e-Health market growth is attributed to the transition of the healthcare industry into the digital healthcare system for patient’s management and analysis of health. With developed healthcare structure and high-speed internet facility,
North America is expected to dominate this market.
Growth in IoT and Technological Advancements
In developed markets, Internet of Things (IoT) for healthcare has been one of the major factors driving e-health market. In addition, the internet applications in healthcare have also increased by multiple times in past one decade. e-Health record, remote patient monitoring, and point of care diagnosis, with the help of devices interlinked between patient and doctor, are some major IoT-powered e-health solutions that have developed in the past few years. The adoption rate of incorporating IoT in healthcare is also increasing at a high pace in developed countries such as the United States, Canada, and Germany. Therefore, IoT and technology play a vital role in the growth of this market.
Other factors such as rising preference towards mobile technology and internet and rising demand for population health management drive the e-health market.
Concerns Related to Data Security
The healthcare data is highly sensitive, and any breach can cost millions to companies. According to the Ponemon Institute study, the average cost to respond to and remediate a data breach is approximately USD 3.8 million, making data security concerns to be the major factor impeding the growth of this market.
Other factors such as lack of reimbursement policies and lack of proper infrastructure for e-health in the emerging markets also hamper the growth of this market.
North America to Dominate the Market
North America is expected to dominate this market in the forecast period due to favorable government policies, well-established healthcare infrastructure, and rising number of initiatives from the American Health Information Community (AHIC). Moreover, as per the statistics by American Telemedicine Association (ATA), the number of mobile health applications downloaded each year rose by multiple folds in this region. The Asia-Pacific region is expected to grow at the high rate over the forecast period due to increasing adoption of internet facilities in healthcare and rising widespread coverage of high-speed internet, along with a diversified huge patient pool.
Global e-Health Market: Manufacturers Segment Analysis (Company and Product introduction, e-Health Sales Volume, Revenue, Price and Gross Margin):
e-Health Market report passes on a fundamental overview of the Market including its definition, applications and advancement. Furthermore, the Industry report investigates the ecumenical Major e-Health Market players in detail. e-Health Market report gives key bits of Cautiousnessand subsisting status of the Players and is a basic Source obviously and heading for Companies and people energized by the Industry.
Reasons to Purchase the Report
The Global demand for e-Health Market is forecast to report strong development driven by consumption in major evolving markets. More growth opportunities to come up between 2018 and 2025 compared to a few years ago, signifying the rapid pace of change.
e-Health Market Historic Data (2012-2018):
- Industry Trends: Status and Outlook.
- Competitive Landscape: By Manufacturers, Development Trends.
- Product Revenue for Top Players: Market Share, Growth Rate, Current Market Situation Analysis.
- Market Segment: By Types, By Applications, By Regions/ Geography.
- Sales Revenue: Market Share, Growth Rate, Current Market Analysis.
e-Health Market Forecast (2018-2025):
- Market Size Forecast: Overall Size, By Type/Product Category, By Applications/End Users, By Regions/Geography.
- Key Data (Revenue): Market Size, Market Share, Growth Rate, Growth, Product Sales Price.
e-Health Market Influencing Factors:
- Market Environment: Government Policies, Technological Changes, Market Risks.
- Market Drivers: Growing Demand, Reduction in Cost, Market Opportunities and Challenges.
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In addition, company-to-company comparison (Company benchmarking) and product-to-product comparison (Product benchmarking) are included in the research work. It presents key competitive factors that are vital for companies to excel in challenging market conditions.