Factors such as rising disposable income, introduction of innovative and advanced eHealth solutions and rising number of infectious diseases are expected to drive the growth of the eHealth market.
According to research report eHealth Market is projected to reach $193.8 billion by 2025, at a CAGR of 22.8%.
Based on end user, the eHealth market has been segmented into healthcare providers, healthcare payers, pharmacies and other end-users of these, healthcare consumers, healthcare providers segment accounted for the largest share of the eHealth solutions market in 2019. Healthcare providers include hospitals, ASCs and home healthcare agencies. High segmental market share can is attributable to the increasing hospital and out-patient admissions. These healthcare institutes are well-equipped with all the necessary eHealth software and solutions.
Geographically, the North American market accounted for the largest share of the eHealth solutions market in 2019 due to the presence of a well-established base of eHealth companies, increasing R&D expenditure and high investments in the several healthcare IT. The Asia Pacific market is expected to register the highest growth during the forecast period due to increasing healthcare expenditures and improving regulatory scenario. Improving regulatory scenario has lowered the entry barriers in Asian countries that has increased the number of companies in such developing countries thereby, proving beneficial for the industry growth.
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