The Global & India e-Health market was valued at $92.82 billion in 2020 and is anticipated to grow at a CAGR of 30.26% from 2021 to 2027. The application of information and communication technology (ICT) in health is known as e-health. It is feasible to save data on patients, staff, and finances of hospitals electronically with the help of e-health. As a result, the way healthcare data is stored has changed significantly. Initially, healthcare personnel had to manually record data. Currently, only a single unique identification number is necessary, and all patient data is available in seconds. E-health has some advantages over traditional clinical data management techniques, including the elimination of manual records and the facilitation of fast access to patient data.
Parameters | Indicators |
---|---|
Global Market Size (2020) | $92.82 billion |
CAGR (2021 to 2027) | 3026% |
Market Classification | Indication, Consultation, Application, Service Type |
Key Companies Profiled | Portea Medical, Medlife, 1MG, Docprime Technologies, Babylon Health, Lybrate, Callhealth, Docsapp, Evaidya Pvt. Ltd, Netmeds.com, Practo, Pharmeasy, Televital |
Key Countries/Regions Analyzed | US, Canada, Mexico, UK, Germany, France, Italy, Rest of Europe, China, India, Japan, South Korea, Rest of Asia Pacific, Middle East & Africa, and South America |
Base Year | 2020 |
Estimated Year | 2021 |
Forecast Years | 2021 to 2027 |
Parameters | Indicators |
---|---|
India Market Size (2020) | $1104.2 Million |
CAGR (2021 to 2027) | 35.2% |
Market Classification | Indication, Consultation, Application, Service Type |
Key Companies Profiled | Portea Medical, Medlife, 1MG, Docprime Technologies, Babylon Health, Lybrate, Callhealth, Docsapp, Evaidya Pvt. Ltd, Netmeds.com, Practo, Pharmeasy, Televital |
Key Countries/Regions Analyzed | US, Canada, Mexico, UK, Germany, France, Italy, Rest of Europe, China, India, Japan, South Korea, Rest of Asia Pacific, Middle East & Africa, and South America |
Base Year | 2020 |
Estimated Year | 2021 |
Forecast Years | 2021 to 2027 |
Driving Factors
The factors driving the growth of the global & India e-Health market include Improvements to Medical Infrastructure, rising health expenditure, an increasing number of mobile and wearable devices which is expected to boost the growth of the e-health market.
Improvements to Medical Infrastructure
The medical infrastructure in India is undergoing a metamorphosis as the government increases its spending on infrastructure improvement. The government has launched various projects to improve the efficiency and efficacy of the public healthcare system, including the National Health Portal, e-hospital@NIC, Online Registration System, and Central Drugs Standards Control Organization. According to the National Investment Promotion and Facilitation Agency, healthcare information technology in India is predicted to expand by 1.5 %Â this year, making it one of the top three healthcare markets. Technological innovations have opened up a wide range of possibilities for raising health awareness, making healthcare more affordable, and establishing an effective means of communication between doctors and patients. The process of digitization will make available therapies and aid in the event of an emergency, as well as the ability to conduct secure transactions for treatment. This will help to save time in terms of patient wait times, better manage a doctor’s time, and limit costs because patients and doctors will not have to go to the clinic or hospital for treatment.
Restraining factors
The factors restraining the growth of the global & India e-Health market include internet bandwidth issues at remote places and high costs for the adoption of technology.
Key Insight in the report:
Global India e-Health market report covers Executive Summary, Market Dynamics, Trend Analysis, Market Size and Forecast, Competitive Intelligence, Market Positioning, Product Benchmarking, and Opportunity Analysis.
The report covers extensive competitive intelligence which includes the following data points:
- Business Overview
- Business Model
- Financial Data
- Financial – Existing
- Financial – Funding
- Product Segment Analysis and specification
- Recent Development and Company Strategy Analysis
- SWOT Analysis
Global & India e-Health Market Segmentation The report covers Global & India e-Health market size and forecasting at the country level as well as at the segment level. Global & India e-Health Market analysis across below-mentioned different segments:
By Indication
- Cardiology
- Dermatology
- Diabetes Consult
- Gastroenterology
- General Physician
- Gynaecology
- Neurology
- Oncology
- Orthopaedics
- Paediatrics
- Stress and Mental Health
- Weight Management
- Others
By Consultation
- Passenger Car
- Audio Chat
- Video Chat
By Application
- Disease-Specific Health Assessment
- Health Education
- Medical Files Management
- Online Reference Services
- Remote Consultation
By Service Type
- E-Diagnosis
- E-Pharma
- Online Consultation
Regional analysis
The Asia Pacific dominates the global & Indian e-Health market owing to exposure of the e-health market that is to be raised the potential of transformation patients specific healthcare.
North America accounted for the largest share of revenue in 2019 and is expected to maintain its dominance from 2020 to 2027. Due to a favourable regulatory environment for e-health, a surge in adoption of e-health solutions to reduce soaring healthcare costs, regulatory requirements regarding patient safety, and the presence of a large number of e-health companies.
The Global & India e-Health Market is analyzed across the below-mentioned region.
- North America
- US
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- India
- Rest of Asia Pacific
- Rest of the World
Global & India e-Health Market Key Players:
Some of the key players in the Global & India e-Health Market include:
- PORTEA MEDICAL
- MEDLIFE
- 1MG
- DOCPRIME TECHNOLOGIES
- BABYLON HEALTH
- LYBRATE
- CALLHEALTH
- DOCSAPP
- EVAIDYA PVT. LTD.
- COM
- PRACTO
- PHARMEASY
- TELEVITAL
REPORT CONTENT BRIEF:
- High-level analysis of the current and future Global & India e-Health market trends and opportunities
- Detailed analysis on current market drivers, restraining factors, and opportunities in the future
- Global & India e-Health market historical market size for the year 2020, and forecast from 2021 to 2027
- Global & India e-Health market share analysis at each product level
- Competitor analysis with a detailed insight into its product segment, financial strength, and strategies adopted.
- Identifies key strategies adopted including product launches and developments, mergers and acquisitions, joint ventures, collaborations and partnerships as well as funding taken and investment done, among others.
