E-health is the management of healthcare organization with the help of information and communication technology (ICT). ICT has been widely used in the form of medical health records and telemedicine. With the help of telemedicine, it is possible Data related to patients, staff and finance of the hospital is stored electronically. This has resulted into transformation in the means of storing healthcare data. Initially, data was recorded manually by the healthcare staff. But now single unique identification number is needed to be entered and all the data of the patient is available within seconds. E-health has many advantages over conventional methods of clinical data management such as avoidance of manual records and timely access to patient data. The factors driving for the growth of this market are extensive use of software and ICT healthcare, reduce cost, improve quality, availability of infrastructure for implementation of e-health and safe and adequate storage of data. Cost of installation of e-health service may act as a restraint for this market. Global market of e-health services is expected to reach USD 270 billion in 2023 from USD 120 billion in 2016 with a CAGR of approximately 12.9% during the forecast period 2017-2023.
Key Players
IBM Corporation (U.S), Allscripts Healthcare Solutions Inc. (U.S), GE Healthcare (U.S), McKinsey & Co. (U.S), Motion Computing Inc. (U.S), Epocrates Inc. (U.S), Telecare Corp. (U.S), Proteus Digital Health (U.S) Apple (U.S), GE Healthcare (U.S), Boston Scientific Corp (U.S), Cerner (U.S)
Segmentation:
Global e-health services market has been segmented on the basis of type of e-health technologies which includes Electronic Health Records (EHR), ePrescribing, Telemedicine, big data systems, Clinical Decision Support System (CDSS), Consumer health IT, Knowledge Management System (KMS). On the basis of service the market segmented into administrative services, clinical services and financial services and the end user are hospitals, clinics, health insurance companies and others.