Thursday, 9 August 2018

eHealth Market Research Report, Trends, Analysis and Forecast to 2026


eHealth is a modern healthcare practice supported by electronic processes and communication. It is a rising field which is an interconnection of medical informatics, public health and business, referring to health services and information delivered or enhanced through the internet and related technologies. In a broader sense, the term characterizes not only a technical development, but also a state-of-mind, a way of thinking, an attitude, and a commitment for networked to improve health care locally, regionally & worldwide by using information and communication technology.


The Global eHealth Market is accounted for $41.52 billion in 2017 and is expected to reach $220.65 billion by 2026 growing at a CAGR of 20.4% during the forecast period. The Main purpose of the ehealth platforms is to achieve stronger and more effective communication with patients and upgrade healthcare services and the entire healthcare sectors. It is all about digitizing healthcare systems and records. Since, there is no more space for paperwork with world countries trying to move completely to the digital systems where they can share information and patients’ data online, more easily and more effectively, among physicians and medical institutions, as well as recording and updating every patient’s health history, reports, analyses and rays.


The health encompasses a wide variety of sub-domains of digital health such as electronic health records (EHR), electronic medical records (EMR) telehealth & telemedicine, health IT systems, consumer health IT data, virtual healthcare, mobile Health (mHealth) and big data systems etc., these electronic health services explains the ability to reduce the gaps between patient and the clinician and proves its significance. The mHealth is one of the trending services based on the mobile platforms, the possible demand the service is linked to the increasing mobile penetration and increasing exposure to 3G and 4G mobile networks. The monitoring systems in electronic healthcare are very much helpful as they are used to keep a track on the patient from remote distance and get an update on the electronic media sources, which helps in understanding the situation and reciprocate as soon as possible.

Overall, there can be a firm belief that there are enormous opportunities by learning the above mentioned CAGR and the presence of the tech giants like cerner, cisco systems, IBM and medtronic in the health care is an evidence for strong and fair competitions with better opportunities. There have been successful product portfolio in the markets and there is a continuous research & development activities going on the products and services. Medtronic iPro™2 Professional Continuous Glucose Monitoring (CGM) is an example for such successful application which has basic function of evaluation of glucose fluctuations hat A1C tests and fingersticks too can miss. When used to tailor treatment recommendations for patients, iPro2 professional CGM data can lead to better glucose control. In addition Medtronic has also launched app named iPro™2 myLog which is a convenient way to log events while on iPro™2 with inbuilt foodprint which identifies and grades patient food choices based on the body’s reaction to glucose.


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