Growth in Internet Users Fueling the eHealth Market - IBM, Allscripts Healthcare, Cerner Corporation, Athenahealth Inc. Lead the Market

29 Sep, 2016, 09:30 ET from Mordor Intelligence

HYDERABAD, India, September 29, 2016 /PRNewswire/ --

Mordor Intelligence announces the publication of their research report on the global eHealth market. The report titled, "Global e-Health Market - By Application Type, Region - Trends, Market Shares, Forecasts (2016 - 2021)" discusses the current landscape and outlook of the said market.

The global e-health market is estimated to be USD 124 billion in 2016 and is expected to reach USD 244 billion by 2021, growing at a CAGR of 14.56% during the forecast period. The report is an amalgamation of the current market scenario, its prospects and forces driving and restraining the market growth. The report highlights the North American, European, Asia-Pacific, and Latin American and Middle East & African markets.

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The market for e-health can be segmented based on by type of services (Clinical Services (E- Health Record, E-Medical Record, E-Prescribing, Smart Wearable, Clinical Decision Support System, Laboratory Information System, VNA & PACS, Health Information Exchange, Telemedicine, mhealth and others), Financial Services (Healthcare Revenue Cycle management and Healthcare Asset Management), Administrative Service (Healthcare database management systems and E-learning systems), by End user (Healthcare organization (Hospitals, Laboratory and Clinics), Insurance companies, Pharmaceuticals, Biotechnology, Government organization, Patient/ Individuals)and by geography (North America, Europe, Asia-Pacific, Middle East and North Africa (MENA) and Latin America).

Better internet infrastructure and connectivity is the vital for ehealth market. Hence, country having better connectivity occupies the highest market share. Currently, North America occupies the largest market share in ehealth globally, followed by Europe. Countries in the Asia-Pacific region are one of those places where this market is rapidly growing due to growing internet user, in fact fastest growth in internet users is last few years, growing mobile phone users and government focus on building infrastructure for internet connectivity.

The leading companies that dominate the e-health market are - IBM, Allscripts Healthcare Solutions Inc., Athenahealth Inc., Cerner Corporation, CureMed, Boston Scientific Corporation, eClinicalWorks, GE healthcare etc.

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