(PharmaNewsWire.Com, April 13, 2017 ) As per the syndicated report published by Market Data Forecast Europe E-Health Market which is estimated to be USD 25.50 billion in 2016 is poised to reach USD 52.65 billion by 2021, at a CAGR of 15.60% from 2016 to 2021. It can attribute to the factors such as ever-increasing number of mobile and internet users, practical application and advancement in ICT, miniaturization and decreasing costs of sensors and other devices.
Information & Communication Technologies (ICT) have endless potential, particularly in the healthcare system. Increasing demand for population health management and the necessity to cut healthcare expenses has led to growing demand for e-Health solutions across the world. Technological advancements and subsequent progress give rise to various sub-segments of this market such as mobile health are also estimated to impact the global e-health market growth positively over the next few years. However, usability problems, privacy and security concerns, fraudulent activities, among others, are factors that constrain the growth of the e-Health market.
E-Health though has had many definitions, however, can broadly define as integration of electronic communication and information technology in the healthcare sector in order to make it more accessible, simple and inexpensive. E-Health is applied for cutting on administrative costs associated with the treatment and technological advancements ranging from transmission of clinical data to electronic health records.
The gradual shift to digital healthcare system for management and analysis of patient health has resulted in the swift growth of this market. With the application of Information & Communication Technology (ICT) in healthcare, everyone can get access to proper healthcare facilities. An infrastructural support with better electronic systems and internet connections are required for ICT to be put into full-fledged use. Increasing cases of technological developments and chronic diseases in this field are supporting this growth. E-Health solutions have the ability to provide cost-effective healthcare services, public health, research, and health-related activities.
Europe E-Health Market is segmented based on Type, Services and End-use as mentioned below for attaining a more granular perspective of the market. In the report each sub segment is provided with Market Size Estimations and Y-o-Y Forecasts.
Based on Type:
Telemedicine
Consumer Information System
EHR
ePrescribing
Health Information
mHealth
Health Management
Clinical Decision Support
Based on Services:
Administrative
Diagnostic
Monitoring
Financial
Based on End-use:
Healthcare Consumers
Providers
Government
Insurers
Basis of geography, the Europe market is analyzed under various regions namely UK, Spain, Italy, Germany and France. Europe is the second largest market for e-Health after North America.
The key players in Europe E-Health Market are Boston Scientific Corp., IBM, GE Healthcare, Telecare Corp., Set Point Medical, Motion Computing Inc., Lift Labs, Proteus Digital Health, CompuMed, Doximity, Medisafe, Epocrates Inc., and Apple.
E-Health is defined as any activity in which an electronic means is used to deliver resources, services and information related to health. It covers many domains, including electronic health records, mobile health (m-Health), telehealth, and health-related use of social media, health analytics, e-Learning, and "Big Data".
38% of Member States (17 countries) have yet to establish a dedicated telehealth strategy or policy. Given the considerable growing telehealth initiatives in Europe, this area requires more committed focus by governments to ensure a solid footing for its continued growth.
The E-Health Market study offers the following deliverables:
Regional and country-level analysis that provides an innate perspective of European region and the aforementioned countries
Meticulously identifying the key areas of market growth by providing market size forecasts and y-o-y estimations at a Segment-level analysis
Explanations of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of macro and micro environmental factors that affect the European market presented in the form of PESTLE and Porters Five Forces Analyses
Company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview of the key market players operating in the region
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
Expertly devised Market Outlook - Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more info kindly visit, www.marketdataforecast.com
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