The Europe eHealth Market would witness market growth of 13.6% CAGR during the forecast period (2022-2028).
People's sedentary lifestyles are predicted to lead to an increase in the prevalence of lifestyle-related illnesses like diabetes and hypertension over the forecast period. Many physiological factors, including blood pressure and blood sugar levels, must be continuously monitored to treat these disorders. They enable the integration of medical data with portable devices and then further enable information to be sent to the doctor, providing real-time access to data and lowering errors, increasing the need for eHealth.
With the aid of telemedicine, data on patients, hospital personnel, and hospital finances can be electronically stored. As a result, the care of patients can be enhanced through telemedicine. On the other hand, the existing system simply needs one unique identification number to be entered. All patient information is then quickly and easily accessible. Additionally, automated & interoperable healthcare data systems are expected to enhance medical care, lower healthcare expenses, boost productivity, lessen the chance of error, increase patient satisfaction, and maximize reimbursement for outpatient and inpatient healthcare providers.
In many European nations, the proportion of elderly individuals in the overall population is rising gradually and is expected to continue in the future decades. As a result, the number of elderly individuals requiring care will rise. Although there are a few outliers, such as Bulgaria and Romania, governments generally have a strong grip on the home-care industry in Europe. Many governments are active in rowing the boat, i.e., giving care and figuring out what each person needs in terms of care. The central government has established its home care policy in most EU nations. Visions are views on where and how home care should be provided now and in the future. The growing trend of home healthcare has raised the use of remote patient monitoring, EHR, and other e-health solutions supporting regional market expansion.
The Germany market dominated the Europe eHealth Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $14,194.5 million by 2028. The UK market is anticipated to grow at a CAGR of 12.7% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 14.4% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global eHealth Market will Hit $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).
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