E-health services market Grows Double Fold By 2023

Market Scenario

Rapid advancements in healthcare infrastructure to implementation e-health services with safety and the availability of adequate data storage solutions can support the expansion of e-health services market through the review period. The E-health services market is expected to flourish in the years ahead as the ICT sector is observed to introduce effective solution for efficient handling of clinical and financial data in clinics and hospitals.

In addition, digitalization is observed to improve the e-health service market expansion. E-health services offers greater customer services that can underpin the market growth. Reduced cost, enhance quality, and easy availability of services are other advantages of e-health that are expected to promote the growth of the market in the near future. However, high installation cost can limit the e-health service market.

Market Research Future (MRFR) assessed the E-health service market 2020 for the analysis period till 2023. As stated in MRFR, the worldwide e-health services market can rise at about 12.9% CAGR in the review period 2017-2023. By 2023, the e-health service market worth can escalate from USD 120 Bn in 2016 to USD 270 Bn in 2023. COVID 19 assessment for the e-healthcare services is detailed in the report.

Market Segmentation

The type based segments of e-health service market are ePrescribing, Electronic Health Records (EHR), big data systems, Knowledge Management System (KMS), Telemedicine, Clinical Decision Support System (CDSS), and Consumer health IT among others.

The service based segments of the e-health service market are clinical services and financial services and administrative services. The clinical services segment to churn considerable turnover for the market on conclusion of the review period.

The end user based segment of the e-health service market are clinics, hospitals, and health insurance companies among others.

Key Players

McKinsey & Co. (U.S), Allscripts Healthcare Solutions Inc. (U.S), IBM Corporation (U.S), Motion Computing Inc. (U.S), Apple (U.S), GE Healthcare (U.S), Telecare Corp. (U.S), Epocrates Inc. (U.S), Proteus Digital Health (U.S), Boston Scientific Corp (U.S), GE Healthcare (U.S), and Cerner (U.S) are some reputed companies operating in the e-health services market as listed by MRFR.