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The diversification of healthcare facilities has been motivated by the expansion in the market size and growing demand for medical services. Market reports connected with healthcare industry have been offered by Market Research Future which creates reports on other industry verticals that intends to analyze the current market scenarios better. The market is set to achieve revenues valued at USD 270 billion while achieving a CAGR of 12.9% in the duration of the forecast period.

The e-health services market share is benefitted by the presence of a robust information and telecommunication sector, which has led to a significant development in the market. The current technological developments in the market are fuelled by the widespread use of software in healthcare and the need to reduce cost and improve efficiencies. Moreover, the market for e-health services is expected to be encouraged by the rising implementation of e-health software in medical facilities globally.

Competitive Analysis

The competitors functioning in the  market for e-health services  are Allscripts Healthcare Solutions Inc. (U.S), GE Healthcare (U.S), Boston Scientific Corp (U.S), McKinsey & Co. (U.S), Apple (U.S), Motion Computing Inc. (U.S), Epocrates Inc. (U.S), Telecare Corp. (U.S), IBM Corporation (U.S), Proteus Digital Health (U.S) GE Healthcare (U.S) and Cerner (U.S).

Segmental Analysis

The segmentation of the e-health services market is carried out on the basis of type, region, and service. Based on type, the e-health service market comprises of segments such as ePrescribing, Electronic Health Records (EHR), big data systems, Telemedicine, Clinical Decision Support System (CDSS), Knowledge Management System (KMS) and Consumer health IT.  Based on service, the market for e-health services is segmented into clinical services, financial services, and administrative services.  The end user segment of the telemedicine and e-health service market comprises of clinics, hospitals, health insurance companies, and others. The regions encompassed in the e-health services market are Europe, Asia Pacific, Americas, and the Middle East and Africa.

Detailed Regional Analysis

The regional analysis of the e-health services market comprises of regions such as Europe, the Americas, Asia Pacific, Middle East, and Africa.  The North American region is the principal market for the e-health services market which is driven by countries such as the US. The presence of top companies and the extensive implementation of software for data management in the market is boosting the progress of the market. The European region is observed as the next chief region in the e-health services market. The Asia Pacific region is showing the most rapid growth in this e-health services market. While the e-health services market in the Middle East and Africa is estimated to display steady growth in the duration of the forecast period.

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Market Research Future (MRFR), enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Market Drivers and Restraints:

The rapid technological development is playing a crucial role in the expansion of the global e-health services market. The rise in adoption of advanced technology in the healthcare sector is acting as a major driver for the expansion of the global e-health services market. The increasing government initiatives for supporting the use of e-health services in healthcare sector and emergence of curtailing the escalating healthcare costs are attributing factors to the growth of the global e-health services market.

Various regions in the world are facing a shortage of healthcare professionals and high prevalence of chronic diseases, leading to the growing need for e-health services in such regions. The shift in focus of the players of healthcare sector towards providing patient-centric healthcare facilities is fueling the expansion of the global e-health services market. The brisk advancement in technology has led to the increased adoption of cloud computing in the various industrial sectors, including healthcare, which in turn is driving the global e-health services market. 

The prominent players of the global e-health services market are 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), and Cerner (U.S). 

Market Segmentation:

The global e-health services market has been segmented on the basis of type, service, and end-users. By type, the global e-health services market is segmented into electronic health records (EHR), e-prescribing, telemedicine, big data systems, clinical decision support system (CDSS), mobile medical technologies, consumer health IT, and knowledge management system (KMS). By service, the market is segmented into administrative service, clinical service, and financial service. By end-users, the market is segmented into hospitals, clinics, health insurance companies and others.

Detailed Regional Analysis:

The global e-health services market is geographically distributed in for major regions such as Americas, Europe, Asia-Pacific and the Middle East and Africa. Among these regions, the North America region is considered to be the largest market for the e-health services due to the concentration of major players of global e-health services market in this region, the inclination towards the use of software for data management and the presence of well-developed healthcare infrastructure in this region.  

The rapid adoption of advanced technology in the healthcare sector of the Europe region has made it the second largest market for the e-health services among other regions of the world. Whereas, the Asia-Pacific region is projecting fastest growth in the global e-health services market owing to the rapid development and adoption of advanced technology by healthcare sector in this region. 

About US:
Market Research Future (MRFR), enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.