North America And Europe eHealth Market Size to Surpass USD 497.8 Bn by 2032
The North America And Europe eHealth market size was estimated at USD 166.12 billion in 2022 and is expected to surpass around USD 497.8 billion by 2032 and poised to grow at a compound annual growth rate (CAGR) of 11.6% during the forecast period 2023 to 2032.
Key Takeaways:
North America And Europe eHealth Market Report Scope
| Report Attribute | Details |
| Market Size in 2023 | USD 185.39 Billion |
| Market Size by 2032 | USD 497.8 Billion |
| Growth Rate From 2023 to 2032 | CAGR of 11.6% |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Segments Covered | Product, Services, End-use, Region |
| Market Analysis (Terms Used) | Value (US$ Million/Billion) or (Volume/Units) |
| Report Coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
| Key Companies Profiled | Allscripts Healthcare, LLC; IBM; Siemens Healthineers; Epic Systems Corporation; Hexoskin; Chronolife SAS; Koninklijke Philips N.V.; Apple Inc.; WHOOP; Silvertree; HealthWatch Ltd.; Athos; Biodevices SA; Emglare; GetEnflux; Bioserenity; AiQ; Athos; Medtronic; Team PRO; Sensori; Supa |
The growth of IoT and technological advances leading to an increase in the desire for mobile technology and the internet and increasing demand for population health management are all pushing factors for the e-health market. Over the projection period, lifestyle-related illnesses such as blood pressure and diabetes are expected to rise. As a result, the growing public awareness of eHealth and the rising acceptance of eHealth among healthcare professionals, together with evidence of the efficacy of adopting this technology, are anticipated to result in significant growth of this industry.
Over the projection period, the COVID-19 influence is projected to drive the market for eHealth solutions. Allscripts Healthcare, for example, has launched a package of COVID-19 solutions for hospitals that address disease-specific requirements inside SunriseTM EHR, Allscripts Care Director, and Parago EHR to reduce screening and monitoring time. These screening steps will help you identify and track patients who have confirmed or suspected coronavirus infection (COVID-19). Proactively identifying individuals at various risk levels for COVID-19 infection can help reduce the transmission of the virus, primarily by assuring adequate care in all healthcare settings and attaining high-quality outcomes.
Almost every country is grappling with the crisis. Most markets are declining as a result of the COVID-19 pandemic, which has harmed a variety of healthcare-related industries. This pandemic is projected to provide future growth prospects for the e-health sector. Cerner Corporation, GE Healthcare, and Allscripts are among the leading suppliers in the e-health sector. These suppliers have manufacturing facilities distributed across North America, Asia Pacific, Europe, South America, and the rest of the world. COVID-19 has also influenced their enterprises. For example, GE Healthcare and Microsoft expanded their established partnership in April 2020 to introduce a cloud-based COVID-19 patient intensive care software for health systems, which will help the e-health sector grow even faster. Furthermore, e-health providers have taken on the duty of giving a global overview of the current e-health solutions.
Rising government initiatives promoting the use of eHealth solutions and services, a surge in the requirement to manage regulatory compliance through the use of e-health solutions, and a lack of healthcare professionals are all driving the global e-health industry forward. Conversely, medical professionals' reluctance to adopt advanced e-health solutions and the high cost of deployment and maintenance are impeding the market growth. In contrast, the expansion of mHealth, telehealth, and remote patient monitoring markets and the increased use of e-health solutions in outpatient care facilities are likely to present lucrative growth possibilities for the industry.
The use of electronic health records and e-prescriptions has expanded in recent years and is expected to continue to grow in the coming years. These systems rely on interoperable digital platforms to allow the interchange of health operations, and such data is likely to move across borders in the future to improve healthcare administration. For instance, Americans who have flown to India for a vacation receive all their healthcare paperwork and drug prescriptions at an Indian pharmacy. Furthermore, the medical tourism business will benefit from this.
Product Insights
The health information system (HIS) segment held the largest revenue share of over 37.0% in 2022 and is anticipated to witness lucrative growth over the forecast period. The growing adoption of technologically advanced healthcare services is aiding the sector. Various IT firms and healthcare institutions have recently increased their collaboration to focus on producing high-utility services and solutions for better-individualized care, data storage efficiency, and data analytics efficacy. Furthermore, the increased usage of EHR systems is expected to drive the market in the forecast period. In January 2020, NXGN Management, LLC announced the formation of an exclusive relationship with Doctible. This agreement will help Doctible link its service with the NextGen Office cloud-based EHR and Practice Management (PM) systems to help small companies maintain loyalty, encourage growth and provide better patient care.
As the healthcare industry transitions to digitalization, Electronic Health Record (EHR) systems are becoming increasingly communal. Numerous government initiatives, including encouraging physicians to adopt EHR, investing in training healthcare Information Technology (IT) professionals, and building regional extension centers to provide technical and other help, are boosting the expansion of the EHR market. The European Commission, for example, in March 2021 issued a recommendation on a European EHR exchange standard, allowing health data to move freely across borders. This policy enables European citizens to safely access and exchange health information regardless of where they are on the continent.
Services Insights
Monitoring held the largest revenue share of over 67.0% in 2022. Patient monitoring has advanced over time, from hospital bedside monitors to wearable devices that can monitor patients and send data to medical servers over wireless networks. It is a method of determining if a patient's health is normal or deteriorating over time by evaluating their key vital signs. Vital signs data from a remote location can help healthcare providers immediately deliver aid to those whose health is in danger. The disadvantage of this form of the remote monitoring system is that patients must usually be present at a certain location to assess their health or receive emergency assistance.
Wearable monitors have benefited from recent advancements in battery technology and wireless data transmission as well as the introduction of smartphones. Wearable monitors with various sensors, intelligent processing, and alerts have been created in the last 15 years to support medical decisions and interactions with health providers. Furthermore, the rising focus on improving personal health and fitness using smart devices and wearables is a major factor accelerating market growth.
End-use Insights
The provider segment held the largest revenue share of over 52.0% in 2022. eHealth offers great convenience to healthcare professionals in terms of patient workflow and data management. Furthermore, rising demand for centralization and streamlining of healthcare administration will fuel market growth. For instance, the Community Care Plan of Eastern Carolina (CCP) stated that the installation of the telehealth program allowed clinicians and healthcare providers to see over 20 patients each week, up from only 10 patients before the installation. This is expected to contribute to segment growth during the forecast period. Based on end-use, the market is segmented into healthcare providers, insurers, government, and healthcare consumers.
Implementing home-based eHealth software is one method for providing more sustainable treatment for these patients. Such services, in collaboration with healthcare providers, enable patients to take a more active role as value-creating co-producers of their treatment. Furthermore, healthcare professionals play an important role in value creation, but there is little known about value development in eHealth, particularly from their perspective. As a result, the goal of this study was to gain a better understanding of how an eHealth application could serve as a value-creating resource from the standpoint of healthcare providers.
Regional Insights
North America dominated the market in 2022 with a revenue share of over 62.0%. This can be attributed to the surging demand for healthcare information technology solutions in the medical sector. Rapid technological advancements and the growing importance of providing quality healthcare services are further contributing to market growth in this region.
Europe is anticipated to be the fastest-growing region in the market over the forecast period. This can be attributed to increasing investments in the healthcare sector in countries. Europe’s market is showing high potential due to increasing R&D expenditure by governments of key economies for increasing the penetration of information technology in the medical field. In addition, the increasing geriatric population is likely to serve as a key factor fueling the Europe eHealth market growth.
Key Companies & Market Share Insights
The eHealth market in North America and Europe is fairly competitive. The most notable participants in the market are Allscripts Healthcare, LLC, IBM, Philips Healthcare, and Siemens Healthineers along with other providers of eHealth. These players are involved in new product launches, product innovations, acquisitions, and partnerships to gain a competitive edge over each other. For instance, in October 2021, Allscripts Healthcare, LLC introduced the Allscripts Practice Management platform, which enables the management of real-time schedule data of patients who visit the hospital. The platform makes use of Artificial Intelligence (AI) to enhance patient care.
Moreover, in August 2021, Koninklijke Philips N.V. introduced Philips Acute Care Telehealth and Patient Flow Capacity Suite, two new health solutions in telehealth the company’s platform portfolio. These digital health systems support patient care with fewer resources at lower medical costs.
Some prominent players in the North America and Europe eHealth market include:
Segments Covered in the Report
This report forecasts revenue growth at country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2032. For this study, Nova one advisor, Inc. has segmented the North America And Europe eHealth market.
By Product
By Services
By End-use
By Regional
Chapter 1 Research Methodology & Scope
1.1 Market Segmentation & Scope
1.1.1 Regional Scope
1.1.2 Estimates and Forecast Timeline
1.2 Research Methodology
1.3 Information Procurement
1.3.1 Purchased Database:
1.3.2 Nova One Advisor Internal Database
1.3.3 Secondary Sources
1.3.4 Primary Research:
1.3.5 Details of Primary Research
1.4 Information or Data Analysis
1.4.1 Data Analysis Models
1.5 Market Formulation & Validation
1.6 Model Details
1.6.1 Commodity Flow Analysis (Model 1)
1.7 List of Secondary Sources
1.8 List of Primary Sources
1.9 Report Objectives
Chapter 2 Executive Summary
2.1 North America & Europe eHealth Market Outlook
2.1.1 Segment Outlook
2.1.2 Regional Outlook
2.1.3 Competitive Outlook
2.1.4 North America & Europe eHealth Market Outlook, 2020 - 2032
2.2 North America & Europe eHealth Market Summary, 2023
Chapter 3 North America & Europe eHealth Market Variables, Trends & Scope
3.1 Market Lineage Outlook
3.1.1 Parent Market Analysis
3.1.2 Ancillary Market Analysis
3.2 Penetration & Growth Prospect Mapping
3.3 North America & Europe eHealth Market Dynamics
3.3.1 Market Driver Analysis
3.3.2 Government Initiatives to Develop and Deploy eHealth Solutions
3.3.3 Rising Demand for Centralization and Streamlining Of Healthcare Administration
3.3.4 Advent of Technologically Advanced eHealth Services
3.3.4.1 EHR systems benefit in tracking drug adverse events and help in epidemiology studies
3.3.5 Market Restraint Analysis
3.3.5.1 Rising data privacy and cyber security concerns
3.3.5.2 High costs associated with EHR implementation
3.4 Value Chain Analysis
3.5 Key Opportunities Prioritized
3.6 North America & Europe eHealth Market Analysis Tools: Porter’s Analysis
3.6.1 Bargaining Power of Suppliers: Low to Moderate
3.6.2 Bargaining Power of Buyers: Low to Moderate
3.6.3 Threat of Substitutes: Low To Moderate
3.6.4 Threat Of New Entrants: Moderate
3.6.5 Competitive Rivalry: Moderate To High
3.7 PESTLE Analysis
3.7.1 Political/Legal Landscape
3.7.2 Economic Landscape
3.7.3 Social Landscape
3.7.4 Technology Landscape
3.8 Regulatory Framework
3.9 Healthcare Infrastructure Supporting Implementation and Government Initiatives
3.9.1 Standards and Compliances
3.9.1.1 North America
3.9.1.2 Europe
3.10 Technology Overview (Emerging Trend Analysis)
3.10.1 Timeline of eHealth Technology
3.10.1.1 Emerging trend analysis
3.11 Use Cases for Wearable Medical Devices & Garments
3.11.1 Necklace Detects Abnormal Heart Rhythm
3.11.2 Rice University Researchers Developed Flexible Carbon Nanotube Threads That Can Be Woven into Garments to Serve as Wearable Health Monitors
3.11.3 Vital Signs Can Be Monitored Using Sensors Woven into A Garment
3.11.4 Wearables for Musculoskeletal Conditions in Digital Therapeutics
3.11.5 Challenges of Wearable Health Monitors: A Case Study of Fetal ECG Monitor
3.12 Dimension of the Catchment Area (Estimated Number of Users) for Medical Garments, 2023
3.13 Pricing Analysis
Chapter 4 North America & Europe eHealth Market: Competitive Analysis
4.1 Market Participation Categorization
4.2 Public Companies
4.2.1 Company Market Position Analysis
4.2.2 Synergy Analysis: Major Deals & Strategic Alliances
Chapter 5 North America & Europe eHealth Market: COVID Impact Analysis
5.1 COVID-19 Impact Analysis
Chapter 6 North America & Europe eHealth Market: Product Estimates & Trend Analysis
6.1 Product Market Share Analysis, 2023 & 2032
6.2 Product Dashboard
6.2.1 Big Data for Health
6.2.1.1 Big Data for Health market estimates and forecasts, 2020 - 2032
6.2.2 Electronic Health Record (EHR)
6.2.2.1 Electronic Health Record (EHR) market estimates and forecasts, 2020 - 2032
6.2.3 Health Information Systems (HIS)
6.2.3.1 Health Information Systems (HIS) market estimates and forecasts, 2020 - 2032
6.2.4 mHealth
6.2.4.1 mHealth market estimates and forecasts, 2020 - 2032
6.2.5 Telemedicine
6.2.5.1 Telemedicine market estimates and forecasts, 2020 - 2032
Chapter 7 North America & Europe eHealth Market: Services Estimates & Trend Analysis
7.1 Services Market Share Analysis, 2023 & 2032
7.2 Services Dashboard
7.2.1 Monitoring
7.2.1.1 monitoring market estimates and forecasts, 2020 - 2032
7.2.1.2 Vital signs
7.2.1.2.1 Vital signs market estimates and forecasts, 2020 - 2032
7.2.1.2.2 Wristwear
7.2.1.2.2.1 Wristwear market estimates and forecasts, 2020 - 2032
7.2.1.2.3 Bodywear (Garments)
7.2.1.2.3.1 Bodywear (Garments) market estimates and forecasts, 2020 - 2032
7.2.1.2.4 Others
7.2.1.2.4.1 Others market estimates and forecasts, 2020 - 2032
7.2.1.3 Specialty
7.2.1.3.1 Specialty market estimates and forecasts, 2020 - 2032
7.2.1.4 Adherence monitoring
7.2.1.4.1 Adherence monitoring market estimates and forecasts, 2020 - 2032
7.2.1.5 Accessories
7.2.1.5.1 Accessories market estimates and forecasts, 2020 - 2032
7.2.1.5.2 Sensors
7.2.1.5.2.1 Sensors market estimates and forecasts, 2020 - 2032
7.2.1.5.3 Others
7.2.1.5.3.1 Others market estimates and forecasts, 2020 - 2032
7.2.2 Diagnostics
7.2.2.1 Diagnostics market estimates and forecasts, 2020 - 2032
7.2.3 Healthcare Strengthening
7.2.3.1 Healthcare strengthening market estimates and forecasts, 2020 - 2032
7.2.4 Others
7.2.4.1 Others market estimates and forecasts, 2020 - 2032
Chapter 8 North America & Europe eHealth Market: End-Use Estimates & Trend Analysis
8.1 End-Use Market Share Analysis, 2023 & 2032
8.2 End-Use Dashboard
8.2.1 Providers
8.2.1.1 Providers market estimates and forecasts, 2020 - 2032
8.2.2 Insurers
8.2.2.1 Insurers market estimates and forecasts, 2020 - 2032
8.2.3 Healthcare Consumers
8.2.3.1 Healthcare Consumers market estimates and forecasts, 2020 - 2032
Chapter 9 North America & Europe eHealth Market: Regional Estimates & Trend Analysis, by Product, Services, and End-Use
9.1 Regional Market Snapshot
9.2 Regional Market Share Analysis, 2023 & 2032
9.2.1 North America
9.2.1.1 North America eHealth Market estimates and forecasts, 2020 - 2032
9.2.1.2 U.S.
9.2.1.2.1 U.S. eHealth Market estimates and forecasts, 2020 - 2032
9.2.1.3 Canada
9.2.1.3.1 Canada eHealth Market estimates and forecasts, 2020 - 2032
9.2.2 Europe
9.2.2.1 Europe eHealth Market estimates and forecasts, 2020 - 2032
9.2.2.2 U.K.
9.2.2.2.1 U.K. eHealth Market estimates and forecasts, 2020 - 2032
9.2.2.3 Germany
9.2.2.3.1 Germany eHealth Market estimates and forecasts, 2020 - 2032
9.2.2.4 France
9.2.2.4.1 France eHealth Market estimates and forecasts, 2020 - 2032
9.2.2.5 Italy
9.2.2.5.1 Italy eHealth Market estimates and forecasts, 2020 - 2032
9.2.2.6 Spain
9.2.2.6.1 Spain eHealth Market estimates and forecasts, 2020 - 2032
9.2.2.7 Switzerland
9.2.2.7.1 Switzerland eHealth Market estimates and forecasts, 2020 - 2032
Chapter 10 Company Profiles
10.1 ALLSCRIPTS HEALTHCARE, LLC
10.1.1 Company Overview
10.1.2 Financial Performance
10.1.3 Product Benchmarking
10.1.4 Strategic Initiatives
10.2 EPIC SYSTEMS CORPORATION
10.2.1 Company Overview
10.2.2 Financial Performance
10.2.3 Product Benchmarking
10.2.4 Strategic Initiatives
10.3 CHRONOLIFE
10.3.1 Company Overview
10.3.2 Financial Performance
10.3.3 Product Benchmarking
10.3.4 Strategic Initiatives
10.4 KONINKLIJKE PHILIPS N.V.
10.4.1 Company Overview
10.4.2 Financial Performance
10.4.3 Product Benchmarking
10.4.4 Strategic Initiatives
10.5 APPLE INC.
10.5.1 Company Overview
10.5.2 Financial Performance
10.5.3 Product Benchmarking
10.5.4 Strategic Initiatives
10.6 WHOOP
10.6.1 Company Overview
10.6.2 Financial Performance
10.6.3 Product Benchmarking
10.6.4 Strategic Initiatives
10.7 SILVERTREE
10.7.1 Company Overview
10.7.2 Product Benchmarking
10.8 HEALTHWATCH TELEDIAGNOSTICS PRIVATE LIMITED
10.8.1 Company Overview
10.8.2 Financial Performance
10.8.3 Product Benchmarking
10.9 ATHOS
10.9.1 Company Overview
10.9.2 Financial Performance
10.9.3 Product Benchmarking
10.10 IBM CORPORATION
10.10.1 Company Overview
10.10.2 Financial Performance
10.10.3 Product Benchmarking
10.10.4 Strategic Initiatives
10.11 MEDTRONIC
10.11.1 Company Overview
10.11.2 Financial Performance
10.11.3 Product Benchmarking
10.11.4 Strategic Initiatives
10.12 SIEMENS HEALTHCARE GMBH
10.12.1 Company Overview
10.12.2 Financial Performance
10.12.3 Product Benchmarking
10.12.4 Strategic Initiatives
10.13 HEXOSKIN
10.13.1 Company Overview
10.13.2 Product Benchmarking
10.14 BIODEVICE
10.14.1 Company Overview
10.14.2 Product Benchmarking
10.14.3 Strategic Initiatives
10.15 EMGLARE INC
10.15.1 Company Overview
10.15.2 Product Benchmarking
10.15.3 Strategic Initiatives
10.16 BIOSERENITY
10.16.1 Company Overview
10.16.2 Financial Performance
10.16.3 Product Benchmarking
10.16.4 Strategic Initiatives
10.17 GETENFLUX
10.17.1 Company Overview
10.17.2 Product Benchmarking
10.17.3 Strategic Initiatives
10.18 SENSORIA
10.18.1 Company Overview
10.18.2 Financial Performance
10.18.3 Product Benchmarking
10.18.4 Strategic Initiatives
10.19 POLAR ELECTRO
10.19.1 Company Overview
10.19.2 Financial Performance
10.19.3 Product Benchmarking
10.19.4 Strategic Initiatives
10.20 MOVESENSE
10.20.1 Company Overview
10.20.2 Financial Performance
10.20.3 Product Benchmarking
10.20.4 Strategic Initiatives
10.21 MYONTEC
10.21.1 Company Overview
10.21.2 Financial Performance
10.21.3 Product Benchmarking
10.21.4 Strategic Initiatives
10.22 MYZONE
10.22.1 Company Overview
10.22.2 Product Benchmarking
10.22.3 Strategic Initiatives
Cross-segment Market Size and Analysis for
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