Ehealth Software and Services Market - Global Industry Analysis, Growth, Key Trends, Regional Assessment and Forecast 2019 - 2029
EHealth Software and Services Market: Overview
The ehealth software and services market is rising at a stellar pace and is predicted to chart an impressive growth trajectory over the forecast period of 2019 to 2029. Vast rise in incidence of chronic diseases that requires availability of reliable emergency healthcare services is resulting in uptick in demand for ehealth service models. Ehealth services enables healthcare physicians to render healthcare remotely, especially for long-time patients such as elderly people and disabled people with limited mobility, and for follow-up patients.
The report on the ehealth software and services market is an all-important tool for valuable insights on demand dynamics, growth indices, and competitive landscape of the said market for the forecast period of 2019 to 2029.
EHealth Software and Services Market: Competitive Landscape and Notable Developments
The ehealth software and services market is intensely competitive with a large number of players who compete aggressively for large slice of the growth pie. Keen players in the ehealth software and services market are focused on forging partnerships and strategic alliances to enhance their market share. For example, in December 2019, Evident, a member of CPSI group of companies and Sunnybrook Health Sciences announced signing of definitive agreements to develop first-of-its-kind Canadian-made hospital information system (HIS) solution.
Prominent players operating in the ehealth software and services market include eHealth Technologies, Johnson and Johnson Healthcare Systems Inc., McKesson Corporation, GE Healthcare, Aerotel Medical Systems Ltd., and Allscripts Healthcare Solutions Inc. among others.
EHealth Software and Services Market: Key Trends
Rapid penetration of technology to serve the sheer volume of patients is a key factor fuelling the ehealth software and services market. Mounting burden on healthcare institutions to serve the surging number of patients with chronic diseases necessitated alternate mode of care. This led to the emergence of ehealth services.
Furthermore, thrust on public healthcare services to extend reliable healthcare at affordable costs led to the use of technology for wider outreach. Broadly, ehealth involves use of information and communication technologies for health.
Emergence of pandemic diseases is expanding the scope of growth of ehealth software and services market. For example, the outbreak of COVID-19 with millions of individuals worldwide testing positive for the disease, healthcare via physical spaces is an impossibility. In such a scenario, physicians, healthcare givers are using technology for consultation and treatment of symptoms. Prevention measures for the disease and first steps to be taken on the appearance of symptoms are broadcasted using technology. Automated messages via mobile service providers, social media channels are helping to spread preventive measures and reach out to large populations. Such initiatives are boosting the ehealth software and services market.
Technological advancements are expected to further aid the growth of ehealth software and services market. For example, in June 2020, Fitbit launched a new Ready for Work solution, wherein the device gives access to employees for key health metrics from their Fitbit device. Besides this, the device facilitates exposure, system and temperature logging to help employers with unprecedented challenge of returning to workplace during the COVID-19 pandemic.
EHealth Software and Services Market: Regional Outlook
The report covers ehealth software and services market across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America. Among them, is at the forefront in the ehealth software and services market. Vast penetration of technology in almost every sphere of everyday functioning, including healthcare makes North America leader in the ehealth software and services market.
This study provides a particularized anatomy according to the L.E.A.P mechanism
The regional analysis offers market assays across:
The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.
Latest Trends and Cardinal Growth Prospects
The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.
Existing and Future Insights in Growth
The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.
Ascensions in Technology
Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.
The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.
The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.
An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.
The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!
This report is the key to questions such as:
What are the prominent factors that will help in reshaping the market growth?
Which trends have the potential to bring expansive growth for the market?
What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?
Which regions will emerge as champion growth contributors for the market?
Which aspects will serve as game-changers for the market?
What are the latest innovations in the market?
Which factors will hinder the growth of the market?
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