(PharmaNewsWire.Com, May 29, 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.
With the rise in technological advancements, transferring and storage of data in hospitals has become convenient which is responsible for the growth in E-healthcare sector. Also demand of better techniques to handle data, better population health management, and cost-cutting in healthcare sector are also driving the growth of this market. However, fraudulent activities, usability problems, privacy and security concerns, among others, are factors that restrain the growth of the E-Health market.
E-Healthcare is defined as integration of electronic communication and information technology in the healthcare sector in order to make it more convenient and cost effective. The term e-Health was introduced in the 7th International Congress on Telemedicine and Tele-care in London in November 1999, by John Mitchell. People from remote locations and those belonging to the marginalized communities suffer the most and have not been able to avail basic healthcare services, till date. But with the use of Information & Communication Technology in healthcare, this situation can be overcome.
The European electronic health market is growing at a swift pace and is projected to witness robust growth in the coming years. Technological developments, innovations, and the use of electronic devices are augmenting E-Health market.
Europe E-Health Market is segmented based on mode of type and services and end-user 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.
Geographically, the market is segmented into U.K., Italy, France, Germany and Spain.The report justifies this by offering country wise data for the EU5 countries while taking some other predominant economies into consideration as well. Europe is the second largest market for e-Health after North America
Some of the major players in the e-Health market are Boston Scientific Corp., IBM, Motion Computing Inc., GE Healthcare, Epocrates Inc., Telecare Corp., CompuMed, Medisafe, Set Point Medical, Doximity, Lift Labs, Proteus Digital Health and Apple. Medisafe has collaborated recently to bring Interoperable Medication Lists to Patients via E-Health records.
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.
About Market Data Forecast: The publisher of this report Market Data Forecast is well known for the services they render 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. Their research reports section offers a wide variety of market studies ranging from all-encompassing comprehensive market studies to product specific niche markets covering Europe among other regions of the global market as well, that too with competitive pricing options. For more info kindly visit, www.marketdataforecast.com
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