According to a new report, published by KBV research, The Global eHealth Market size is expected to reach $212.4 billion by 2028, rising at a market growth of 13.9% CAGR during the forecast period.
The Electronic Health Records (EHR) segment is showcasing a CAGR of 13.3% during (2022 - 2028). EHRs provide precise, quick, and dependable information about a patient's medical history for an accurate assessment and appropriate future treatment options by the healthcare professional. Also, by eliminating any significant errors brought on by manual data handling, EHRs increase efficiency. Therefore, EHR is becoming more common as healthcare settings move toward IT facilities.
The Healthcare Consumers segment acquired maximum revenue share in the 2018 in 2021 thereby, achieving a market value of $36.5 billion by 2028. Regarding patient workflow & data administration, eHealth is a huge convenience for medical practitioners. In the years to come, this is anticipated to aid the segment's expansion. Also, as the eHealth solutions reduce the need for manual records, healthcare providers are adoption eHealth solutions to reduce workload and cost.
The North America market dominated the Global eHealth Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $73.8 billion by 2028. The Asia Pacific market is exhibiting a CAGR of 14.9% during (2022 - 2028). Additionally, The Europe market would display a CAGR of 13.6% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/ehealth-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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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