North America And Europe eHealth Market Growth & Trends:
The North America and Europe eHealth market size is expected to reach USD 403.1 million by 2030, according to a new report by Grand View Research, Inc.. The market is expected to expand at a CAGR of 11.2% from 2023 to 2030. The market is primarily driven by an increasing number of government initiatives to develop and deploy eHealth solutions, rising demand for centralization and streamlining of healthcare administration, and the advent of technologically advanced eHealth services. Furthermore, Electronic Health Record (EHR) systems benefit in tracking adverse drug events as well as aid in epidemiology studies, which is further expected to drive the market.
To combat the COVID-19 pandemic, numerous initiatives are being started by government and community organizations to support the present healthcare system. It includes front-line clinics by state management, a volunteer panel of doctors, and numerous remote telemedicine applications. eHealth plays a dynamic role during the pandemic as it is helping doctors make effective choices at the point of care. Thus, market players are exploiting this opportunity to address the problem and offer support to forefront doctors.
North America emerged as the largest market in 2022 due to the presence of a technologically advanced population base and various ongoing activities in the region. The aforementioned factors are expected to boost market expansion. The availability of high-tech healthcare infrastructure as well as high-speed internet can be attributed to the region's rapid expansion. As a result, improved awareness is projected to have a major impact on market growth.
According to a report published in 2021, around 50 medical hubs in the U.S. currently have such eHealth platforms and are using telemedicine to visit outpatients at home. These telemedicine and eHealth technologies are crucial for COVID-19 global management. According to the U.S. FDA, at least 54% of healthcare consumers in the country use FDA-approved apps and other online tools for the treatment, management, and monitoring of medical disorders.
In a severe health scenario, decision support is crucial. Furthermore, these systems analyze patient medical records and present a list of viable options from which to choose the most appropriate. The market's growth prospects have been boosted by the easy compatibility and interoperability of systems across platforms. Over the projection period, academics and software developers are expected to collaborate to make medical knowledge available to users, resulting in significant income-generating.
Furthermore, as a result of the COVID-19 pandemic, many new companies are entering the market, which is expected to enhance the market growth in the U.S. For instance, Cerner Corporation stated in 2020 that it will be offering its Community Works clients a new video care platform called the Video Visit program.
North America And Europe eHealth Market Report Highlights:
- By product, health information systems (HIS) accounted for the largest revenue share of over 35.0% in 2022 owing to an increase in government initiatives and healthcare IT investments to develop and deploy IT systems in the healthcare industry. This is increasing the adoption of healthcare information systems
- The monitoring services segment is poised to witness noteworthy growth over the coming years due to the rapid adoption of monitoring devices by clinicians and patients
- Based on end-use, providers held the largest revenue share in 2022. Implementing home-based eHealth software is one method for providing more sustainable treatment for these patients
- The telemedicine product segment is expected to witness lucrative growth over the forecast period owing to novel innovations for technical support and interoperability of telemedicine
- Market players are involved in strategic initiatives such as new product launches, product innovations, acquisitions, and partnerships to gain a competitive edge over each other
- For instance, in September 2021, Apple Inc. announced the launch of watchOS 8, which has overall health parameters configured. This had new features such as updated workout types, cycling monitors, and a mindfulness meditation app
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.1.1. Product
- 1.1.2. Service
- 1.1.3. End-use
- 1.1.4. Regional scope
- 1.1.5. Estimates and forecast timeline
- 1.2. Research Methodology
- 1.3. Information Procurement
- 1.3.1. Purchased database
- 1.3.2. GVR's internal database
- 1.3.3. Secondary sources
- 1.3.4. Primary research
- 1.3.5. Details of primary research
- 1.4. Information or Data Analysis
- 1.5. Market Formulation & Validation
- 1.6. Model Details
- 1.7. List of Secondary Sources
- 1.8. List of Primary Sources
- 1.9. Objectives
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.2.1. Product outlook
- 2.2.2. Service outlook
- 2.2.3. End-use outlook
- 2.2.4. Regional outlook
- 2.3. Competitive Insights
Chapter 3. North America and Europe eHealth Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent market outlook
- 3.1.2. Related/ancillary market outlook
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Market Dynamics
- 3.3.1. Market driver analysis
- 3.3.2. Market restraint analysis
- 3.4. North America and Europe eHealth Market Analysis Tools
- 3.4.1. Industry Analysis - Porter's
- 3.4.1.1. Supplier power
- 3.4.1.2. Buyer power
- 3.4.1.3. Substitution threat
- 3.4.1.4. Threat of new entrant
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Technological landscape
- 3.4.2.3. Economic landscape
Chapter 4. North America and Europe eHealth: Product Estimates & Trend Analysis
- 4.1. North America and Europe eHealth Market: Key Takeaways
- 4.2. North America and Europe eHealth Market: Movement & Market Share Analysis, 2022 & 2030
- 4.3. Big Data for Health
- 4.3.1. Big data for health market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.4. Electronic Health Recorder (EHR)
- 4.4.1. Electronic health recorder market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5. Health Information Systems
- 4.5.1. Health Information Systems market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.6. mHealth
- 4.6.1. mHealth market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.7. Telemedicine
- 4.7.1. Telemedicine market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 5. North America and Europe eHealth: Service Estimates & Trend Analysis
- 5.1. North America and Europe eHealth Market: Key Takeaways
- 5.2. North America and Europe eHealth Market: Movement & Market Share Analysis, 2022 & 2030
- 5.3. Monitoring
- 5.3.1. Monitoring market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.3.2. Vital signs
- 5.3.2.1. Vital signs market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.3.2.2. Wristwear
- 5.3.2.2.1. Wristwear market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.3.2.3. Bodygear (garments)
- 5.3.2.3.1. Bodywear (garments) market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.3.2.4. Others
- 5.3.2.4.1. Others market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.3.3. Specialty
- 5.3.3.1. Specialty market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.3.4. Adherence monitoring
- 5.3.4.1. Adherence monitoring market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.3.5. Accessories
- 5.3.5.1. Accessories monitoring market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.3.5.2. Sensors
- 5.3.5.2.1. Sensors market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.3.5.3. Other
- 5.3.5.3.1. Other market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.4. Diagnostic
- 5.4.1. Diagnostic market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.5. Healthcare Strengthening
- 5.5.1. Healthcare strengthening market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.6. Other
- 5.6.1. Other market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 6. North America and Europe eHealth: End-use Estimates & Trend Analysis
- 6.1. North America and Europe eHealth Market: Key Takeaways
- 6.2. North America and Europe eHealth Market: Movement & Market Share Analysis, 2022 & 2030
- 6.3. Providers
- 6.3.1. Providers market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.4. Insurers
- 6.4.1. Insurers delivery market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.5. Healthcare Consumers
- 6.5.1. Healthcare Consumers market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 7. North America and Europe eHealth Market: Regional Estimates & Trend Analysis
- 7.1. Regional Outlook
- 7.2. North America and Europe eHealth Market by Region: Key Marketplace Takeaway
- 7.3. North America
- 7.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.3.2. U.S.
- 7.3.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.3.3. Canada
- 7.3.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.4. Europe
- 7.4.1. UK
- 7.4.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.4.2. Germany
- 7.4.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.4.3. France
- 7.4.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.4.4. Italy
- 7.4.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.4.5. Spain
- 7.4.5.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.4.6. Sweden
- 7.4.6.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.4.7. Norway
- 7.4.7.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.4.8. Denmark
- 7.4.8.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
Chapter 8. Competitive Landscape
- 8.1. Recent Developments & Impact Analysis, By Key Market Participants
- 8.2. Market Participant Categorization
- 8.2.1. Allscripts Healthcare, LLC
- 8.2.1.1. Company overview
- 8.2.1.2. Financial performance
- 8.2.1.3. Product benchmarking
- 8.2.1.4. Strategic initiatives
- 8.2.2. Epic Systems Corporation
- 8.2.2.1. Company overview
- 8.2.2.2. Financial performance
- 8.2.2.3. Product benchmarking
- 8.2.2.4. Strategic initiatives
- 8.2.3. Chronolife
- 8.2.3.1. Company overview
- 8.2.3.2. Financial performance
- 8.2.3.3. Product benchmarking
- 8.2.3.4. Strategic initiatives
- 8.2.4. Koninklijke Philips N.V.
- 8.2.4.1. Company overview
- 8.2.4.2. Financial performance
- 8.2.4.3. Product benchmarking
- 8.2.4.4. Strategic initiatives
- 8.2.5. Apple Inc.
- 8.2.5.1. Company overview
- 8.2.5.2. Financial performance
- 8.2.5.3. Product benchmarking
- 8.2.5.4. Strategic initiatives
- 8.2.6. Whoop
- 8.2.6.1. Company overview
- 8.2.6.2. Financial performance
- 8.2.6.3. Product benchmarking
- 8.2.6.4. Strategic initiatives
- 8.2.7. Silvertree
- 8.2.7.1. Company overview
- 8.2.7.2. Financial performance
- 8.2.7.3. Product benchmarking
- 8.2.7.4. Strategic initiatives
- 8.2.8. Healthwatch Telediagnostics Private Limited
- 8.2.8.1. Company overview
- 8.2.8.2. Financial performance
- 8.2.8.3. Product benchmarking
- 8.2.8.4. Strategic initiatives
- 8.2.9. Athos
- 8.2.9.1. Company overview
- 8.2.9.2. Financial performance
- 8.2.9.3. Product benchmarking
- 8.2.9.4. Strategic initiatives
- 8.2.10. IBM Corporation
- 8.2.10.1. Company overview
- 8.2.10.2. Financial performance
- 8.2.10.3. Product benchmarking
- 8.2.10.4. Strategic initiatives
- 8.2.11. Medtronic
- 8.2.11.1. Company overview
- 8.2.11.2. Financial performance
- 8.2.11.3. Product benchmarking
- 8.2.11.4. Strategic initiatives
- 8.2.12. Siemens Healthcare GmBH
- 8.2.12.1. Company overview
- 8.2.12.2. Financial performance
- 8.2.12.3. Product benchmarking
- 8.2.12.4. Strategic initiatives
- 8.2.13. Hexoskin
- 8.2.13.1. Company overview
- 8.2.13.2. Financial performance
- 8.2.13.3. Product benchmarking
- 8.2.13.4. Strategic initiatives
- 8.2.14. Emglare Inc.
- 8.2.14.1. Company overview
- 8.2.14.2. Financial performance
- 8.2.14.3. Product benchmarking
- 8.2.14.4. Strategic initiatives
- 8.2.15. Bioserenity
- 8.2.15.1. Company overview
- 8.2.15.2. Financial performance
- 8.2.15.3. Product benchmarking
- 8.2.15.4. Strategic initiatives
- 8.2.16. GetenFlux
- 8.2.16.1. Company overview
- 8.2.16.2. Financial performance
- 8.2.16.3. Product benchmarking
- 8.2.16.4. Strategic initiatives
- 8.2.17. Sensoria
- 8.2.17.1. Company overview
- 8.2.17.2. Financial performance
- 8.2.17.3. Product benchmarking
- 8.2.17.4. Strategic initiatives
- 8.2.18. Polar Electro
- 8.2.18.1. Company overview
- 8.2.18.2. Financial performance
- 8.2.18.3. Product benchmarking
- 8.2.18.4. Strategic initiatives
- 8.2.19. Movesense
- 8.2.19.1. Company overview
- 8.2.19.2. Financial performance
- 8.2.19.3. Product benchmarking
- 8.2.19.4. Strategic initiatives
- 8.2.20. Myontec
- 8.2.20.1. Company overview
- 8.2.20.2. Financial performance
- 8.2.20.3. Product benchmarking
- 8.2.20.4. Strategic initiatives
- 8.2.21. Myzone
- 8.2.21.1. Company overview
- 8.2.21.2. Financial performance
- 8.2.21.3. Product benchmarking
- 8.2.21.4. Strategic initiatives