Asia Pacific eHealth Market Size, Share & Industry Trends Analysis Report By Product, By End User (Healthcare Providers, Payers, Healthcare Consumers, and Others), By Country and Growth Forecast, 2022 - 2028
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Get in-depth analysis of the COVID-19 impact on the Asia Pacific eHealth Market
Market Report Description
The Asia Pacific eHealth Market would witness market growth of 14.9% CAGR during the forecast period (2022-2028).
A prominent factor driving the e-health market is the widespread use of e-health software and ICT in the healthcare industry to improve healthcare quality. Using e-health solutions and proper and safe data storage, maintaining regulatory compliance is also becoming more important, which helps the market expand. E-health also eliminates the need for costly and time-consuming primary research and data collecting. E-health technologies also facilitate provider collaboration, enhancing patient outcomes and boosting patient safety.
Additional administrative expenditures can be avoided by decreasing the need for repeated exams and the amount of time required to maintain the IT. And the dispersed infrastructure networks that exist today. The eHealth market is driven by expanding government support, efforts, and promotions to use eHealth solutions, increasing healthcare expenditure, and growing preference for patient-centric healthcare delivery. Another important development driver is a growing understanding of the advantages of e-health products and services among hospitals and clinics.
It is anticipated that Asia-Pacific will grow the range of e-clinical solutions it offers due to the region's enormous unmet medical needs and rise in the prevalence of chronic diseases like cancer, cardiovascular issues, and infectious diseases. Because of their vast populations & better management in response to COVID-19's widespread distribution, countries in the region have realized the benefits of investing in e-clinical solutions. It is projected that a significant urban population and an increase in diagnostic services will continue in the Asia-Pacific region for some time.
The China market dominated the Asia Pacific eHealth Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $16,843.3 million by 2028. The Japan market is estimated to grow a CAGR of 14.2% during (2022 - 2028). Additionally, The India market would experience a CAGR of 15.6% during (2022 - 2028).
Based on Product, the market is segmented into Medical Apps, Electronic Health Records (EHR), Telehealth, Vendor Neutral Archive (VNA) and Picture Archiving & Communications Systems (PACS), Laboratory Information Systems (LIS), Prescribing Solutions, Clinical Decision Support Systems (CDSS), Pharmacy Information Systems, and Others. Based on End User, the market is segmented into Healthcare Providers, Payers, Healthcare Consumers, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide eHealth Market is Projected to reach USD 212.4 Billion by 2028, at a CAGR of 13.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Medtronic PLC, IBM Corporation, Cisco Systems, Inc., GE HealthCare Technologies, Inc., Veradigm, Inc., Koninklijke Philips N.V., Siemens Healthineers AG (Siemens AG), Teladoc Health, Inc., UnitedHealth Group, Inc. (Optum, Inc.), and Athenahealth, Inc. (Veritas Capital).
Scope of the Study
Market Segments Covered in the Report:
- Medical Apps
- Electronic Health Records (EHR)
- Vendor Neutral Archive (VNA) and Picture Archiving & Communications Systems (PACS)
- Laboratory Information Systems (LIS)
- Prescribing Solutions
- Clinical Decision Support Systems (CDSS)
- Pharmacy Information Systems
By End User
- Healthcare Providers
- Healthcare Consumers
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Medtronic PLC
- IBM Corporation
- Cisco Systems, Inc.
- GE HealthCare Technologies, Inc.
- Veradigm, Inc.
- Koninklijke Philips N.V.
- Siemens Healthineers AG (Siemens AG)
- Teladoc Health, Inc.
- UnitedHealth Group, Inc. (Optum, Inc.)
- Athenahealth, Inc. (Veritas Capital)
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