Site icon Evolve Business Intelligence

Global & India E-Health Market Analysis and Global Forecast 2024-2034

Life Science

Global & India E-Health Market Overview

Global E-Health Market size was valued at $ 346.21 Bn in 2023 and is anticipated to grow at a CAGR of 8.77% to reach $ 401.52 Bn by 2034. India E-Health Market size was valued at $ 2.70 Bn in 2023 and is anticipated to grow at a CAGR of 8.14% to reach $ 4.89 Bn by 2034. The Global & India E-Health Market refers to the use of digital technologies and electronic communication tools in the healthcare sector to enhance the quality, efficiency, and accessibility of medical services. E-Health encompasses various applications, including telemedicine, electronic health records (EHRs), mobile health apps, wearable devices, and health information systems, aimed at improving patient care, diagnosis, treatment, and healthcare management.

The global and India e-health markets are expected to continue to grow in the coming years, driven by technological advancements, changing demographics, and increasing demand for accessible and affordable healthcare services.

Global & India E-Health Market Synopsis

Global & India E-Health MarketGlobal & India E-Health Market Dynamics

The major factors that have impacted the growth of Global & India E-Health Market are as follows:

Drivers:

Ø  Technological Advancements

Innovations in Artificial Intelligence (AI), Machine Learning (ML), Big Data, and Blockchain are transforming healthcare by improving diagnostics, treatment personalization, data security, and patient management and AI-powered healthcare tools and wearable health devices are revolutionizing the way patients manage their health, providing real-time data, alerts, and insights. E-health solutions offer the advantage of centralized electronic health records (EHRs) and health information systems (HIS), enabling seamless sharing of patient data among healthcare providers. This integration improves patient outcomes by providing accurate and timely information to doctors and caregivers.

Restraint:

  • Perception of Data Privacy and Security Concerns

One of the most significant challenges in the e-health market is the security and privacy of patient data. With the increasing digitization of health records, concerns about data breaches, cyberattacks, and unauthorized access are rising. Many users and healthcare providers are hesitant to adopt e-health solutions due to fears about how sensitive personal health information is handled. In India, there are ongoing concerns about inadequate data protection regulations, especially in rural areas where awareness of cybersecurity risks is lower.

Opportunity:

⮚      Growth in Mobile Health (mHealth) Applications

The growing use of smartphones globally, combined with increasing health awareness, offers a strong market for mobile health (mHealth) apps. These apps offer services like health monitoring, medication reminders, fitness tracking, and even mental health support, creating new revenue streams for app developers and healthcare providers. In India, where smartphone penetration is rapidly increasing, the demand for mHealth apps is set to grow significantly. Apps that provide access to affordable health services, personalized care, and multilingual options can tap into India’s vast population, particularly among tech-savvy younger generations. Artificial intelligence (AI) and big data analytics have the potential to revolutionize healthcare by improving diagnostics, predicting patient outcomes, and offering personalized treatment plans. AI-powered tools can also enhance operational efficiency in hospitals by optimizing workflows and resource management.

Global & India E-Health Market Segment Overview

By Indication

Based on Indication, the market is segmented based on Cardiology, Dermatology, Diabetes Consult, Gastroenterology, General Physician, Gynecology, Neurology, Oncology, Orthopedics, Pediatrics, Stress and Mental Health, Weight Management and Others. The Stress and Mental Health segment dominant the market. The global awareness and acceptance of mental health issues have grown significantly, leading to increased demand for digital mental health solutions. The COVID-19 pandemic further accelerated the adoption of teletherapy, mental health apps, and online support groups and the stress and mental health segment in India is rapidly expanding as awareness of mental health issues rises and stigma around seeking help diminishes.

By Consultation

Based on Consultation, the market segment has been divided into Audio Chat and Video Chat. The Video Chat segment dominant the market. The global video chat segment has witnessed exponential growth, with many healthcare systems adopting telehealth solutions to provide accessible care and this growth is expected to continue as patients increasingly prefer the convenience of virtual consultations over in-person visits and The video chat segment in India is rapidly expanding, driven by increasing smartphone usage, internet penetration, and the demand for accessible healthcare.

By Application

Based on Application, the market segment has been divided into Disease-Specific Health Assessment, Health Education, Medical Files Management, Online Reference Services and Remote Consultation. The Medical Files Management segment dominant the market. The global medical file management segment is experiencing substantial growth due to the shift from paper-based systems to electronic health records (EHRs) and electronic medical records (EMRs) and the increasing emphasis on patient data security and interoperability is also driving market expansion. The medical files management segment in India is rapidly growing, driven by increasing adoption of digital health solutions and the government’s push towards digitalization in healthcare.

By Service Type

Based on Service Type, the market segment has been divided into E-Diagnosis, E-Pharma and Online Consultation. The E-Pharma segment dominant the market. Online pharmacies offer patients the convenience of ordering medications from the comfort of their homes, especially in remote or underserved areas. And E-pharmacies can often offer lower prices for medications due to reduced overhead costs.

Global & India E-Health Market Regional Analysis

Based on region, the global & India E-Health Market has been divided into North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America. North America is projected to dominate the use of the Global & India E-Health Market followed by the Asia-Pacific and Europe regions.

Global & India E-Health North America Market

North America holds a dominant position in the Global & India E-Health Market. North America region is a major player in the e-health market, with a strong focus on telemedicine and electronic health records (EHRs). The North American region, including the United States and Canada, is a major player in the e-health market, driven by factors such as advanced healthcare infrastructure, high adoption rates of technology, and government support.

Global & India E-Health Asia-Pacific Market

The Asia-Pacific region has indeed emerged as the fastest-growing market for the Global & India E-Health Market industry. The Asia-Pacific region is experiencing rapid growth in the e-health market, driven by factors such as a large population, increasing healthcare expenditure, and government initiatives. Countries like India, China, and Japan are emerging as key players in this region. Growing demand for remote healthcare services in densely populated areas and rising smartphone penetration and mobile internet usage, driving mHealth adoption.

Competitive Landscape

The global & India E-Health Market is highly competitive, with numerous players offering a wide range of software solutions. The competitive landscape is characterized by the presence of established companies, as well as emerging startups and niche players. To increase their market position and attract a wide consumer base, the businesses are employing various strategies, such as product launches, and strategic alliances.

Prominent Players:

  • PORTEA MEDICAL
  • MEDLIFE
  • 1MG
  • DOCPRIME TECHNOLOGIES
  • BABYLON HEALTH
  • LYBRATE
  • CALLHEALTH
  • DOCSAPP
  • EVAIDYA PVT. LTD.COM
  • PRACTO

Scope of the Report

Global & India E-Health Market, by Indication
  • Cardiology
  • Dermatology
  • Diabetes Consult
  • Gastroenterology
  • General Physician
  • Gynaecology
  • Neurology
  • Oncology
  • Orthopaedics
  • Paediatrics
  • Stress and Mental Health
  • Weight Management
  • Others
Global & India E-Health Market, by Consultation
  • Audio Chat
  • Video Chat
Global & India E-Health Market, by Application
  • Disease-Specific Health Assessment
  • Health Education
  • Medical Files Management
  • Online Reference Services
  • Remote Consultation
Global & India E-Health Market, by Service Type
  • E-Diagnosis
  • E-Pharma
  • Online Consultation
 Global & India E-Health Market, by Region
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Benelux
    • Nordic
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • Indonesia
    • Austalia
    • Malaysia
    • India
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • South Africa
    • Rest of Middle East & Africa

 

Parameters Indicators
Market Size 2033: $401.52 Billion
CAGR 8.77% CAGR (2023-2033)
Base year 2022
Forecast Period 2023-2033
Historical Data 2021
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Key Segmentations Indication, Consultation, Application, Service Type
Geographies Covered North America, Europe, Asia-Pacific, Latin America, Middle East, Africa
Key Vendors PORTEA MEDICAL, MEDLIFE, 1MG, DOCPRIME TECHNOLOGIES, BABYLON HEALTH, LYBRATE, CALLHEALTH, DOCSAPP, EVAIDYA PVT. LTD.COM and PRACTO.
Key Market Opportunities • Growth in Mobile Health (mHealth) Applications
• AI and Big Data in Healthcare
Key Market Drivers • Technological Advancements
• Health Data Management and Integration

 

REPORT CONTENT BRIEF:

  • High-level analysis of the current and future Global & India E-Health Market trends and opportunities
  • Detailed analysis of current market drivers, restraining factors, and opportunities in the future
  • Global & India E-Health Market historical market size for the year 2021, and forecast from 2023 to 2033
  • Global & India E-Health Market share analysis at each product level
  • Competitor analysis with detailed insight into its product segment, Government & Defense 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.
  • To identify and understand the various factors involved in the global Global & India E-Health Market affected by the pandemic
  • To provide a detailed insight into the major companies operating in the market. The profiling will include the Government & Defense health of the company’s past 2-3 years with segmental and regional revenue breakup, product offering, recent developments, SWOT analysis, and key strategies.

Frequently Asked Questions (FAQ)

The Global & India E-Health Market is growing at a CAGR of 8.77% over the next 10 years

Asia Pacific is expected to register the highest CAGR during 2024-2034

PORTEA MEDICAL, MEDLIFE, 1MG, DOCPRIME TECHNOLOGIES, BABYLON HEALTH, LYBRATE, CALLHEALTH, DOCSAPP, EVAIDYA PVT. LTD. COM and PRACTO are the major companies operating in the market.

Yes, we offer 16 hours of analyst support to solve the queries

Yes, we provide regional as well as country-level reports. Other than this we also provide a sectional report. Please get in contact with our sales representatives

Exit mobile version