The real-time e-healthcare system market is projected to record a CAGR of 6.9% during the forecast period, up from USD 29 Billion in 2020 to reach a valuation of USD 47 Billion by 2027.
| Attributes | Details |
|---|---|
| Real-Time E-Healthcare System Market CAGR | 6.9% |
| Real-Time E-Healthcare System Market (2027) | USD 47 Billion |
A real-time e-healthcare system is one of the best ways to keep your health records, and track them anytime, without any geographical constraint and the same is expected to rise the sales of real-time e-healthcare systems.
Patients can always stay in touch with their doctors and communicate with them about any health issue & demand for real-time e-healthcare systems spike as they can self-check also for a quick result without the involvement of a third party.
In addition, with advanced technology and rapid innovation, products are being made easier to use, and hence, the demand for real-time e-healthcare systems is anticipated to witness a positive trend.
Manufacturers in the real-time e-healthcare system are improving their products to reach clinical decision making, for patients with chronic diseases like diabetes, cancer, etc., thereby rising their real-time e-healthcare system market share.
Another major factor driving the demand for real-time e-healthcare systems is the rising percentage of geriatrics in the global population, as elderly people are unable to return to medical facilities.
Other factors favouring the sales of real-time e-healthcare systems include improving healthcare infrastructure, rising demand for an integrated healthcare system, and smartphone ubiquity as well as widespread Internet penetration.
The rising awareness among consumers that new methods can help them stay in touch with their caregivers without relying on a third party is fuelling the demand for real-time e-healthcare systems.
The demand for real-time e-healthcare systems has gone a step further due to the latest trend that allows patients to compare their medical records to pre-determined parameters, reducing the need for a third party.
Sales of real-time e-healthcare systems go up as unrivalled level of user friendliness proves to be the market's most powerful driving force of the demand for real-time e-healthcare systems.
WEBeDoctor, e-MDs Chart, iPatientCare EHR, and AccuMed are examples of software products that interact with patients for purposes ranging from reminding them to take their medication to notify changes in their health parameters.
The above-mentioned software is projected to greatly benefit the sales of real-time e-healthcare systems, in turn, demand for real-time e-healthcare systems.
Real-time e-healthcare systems are quickly filling a void in the healthcare sector, as human doctors are unable to work as closely with their individual patients and the same is anticipated to surge the sales of real-time e-healthcare systems.
Sales of real-time e-healthcare systems are on the surge in the United States as the benefits of deploying real-time e-healthcare systems to improve the quality of care provided to patients are already being felt by community health centres.
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Technological advancement, increasing disposable income, increase use of online services, increase use of mobile devices, increased health cost and expenditure all contribute to the increased sales of real-time e-healthcare systems.
Demand for real-time e-healthcare systems is on the rise owing to an increasing need for an integrated healthcare system and the rising use of mobile devices in recent years.
Since real-time e-healthcare system reduces medical errors and easily accessible information, the demand for real-time e-healthcare systems has irrespective of where they live.
Sales of real-time e-healthcare systems get hampered due to a lack of iexperienced professionals, high maintenance and service cost, privacy concerns, the complexity of systems.
Less presence of real-time e-healthcare system in rural areas including developed nations like Europe and are acting as a barrier for the sales of real-time e-healthcare systems.
Depending on geographic regions, the real-time e-healthcare market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa.
The Asia Pacific accounts for the largest real-time e-healthcare market share due to the improved healthcare infrastructure and high healthcare costs and rising disposable income.
Demand for cloud computing from developed nations like Europe and North America may also increase the demand for real-time e-healthcare systems by the end of forecast period thereby fuelling the sales of real-time e-healthcare systems.
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For companies in the healthcare IT industry, the market is proving to be a fiercely competitive environment. To strengthen their real-time e-healthcare system market share, larger companies are acquiring start-ups and niche market players.
Some of the market players in the real-time e-healthcare market are Fitbit, Garmin, Jawbone, Misfit Wearables, DexCom, Medtronic, Abbott, Cerner Corporation, GE Healthcare, Epic Systems Corporation, Medical Information Technology Inc. (MEDITECH).
| Report Attributes | Details |
|---|---|
| Growth rate | CAGR of 6.9% from 2022 to 2032 |
| Base year for estimation | 2021 |
| Historical data | 2015 to 2020 |
| Forecast period | 2022 to 2032 |
| Quantitative units | Revenue in USD million, volume in kilotons, and CAGR from 2022 to 2032 |
| Report coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis, |
| Segments covered | Type, application, region |
| Regional scope | North America; Western Europe; Eastern Europe; Middle East; Africa; ASEAN; South Asia; Rest of Asia |
| Country scope | USA, Canada, Mexico, Germany, UK, France, Italy, Spain, Russia, Belgium, Poland, Czech Republic, China, India, Japan, Australia, Brazil, Argentina, Colombia, Saudi Arabia, UAE, Iran, South Africa |
| Key companies profiled | Fitbit; Garmin; Jawbone; Misfit Wearables; DexCom; Medtronic; Abbott; Cerner Corporation; GE Healthcare; Epic Systems Corporation; Medical Information Technology Inc. (MEDITECH) |
| Customization scope | Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
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The real-time e-healthcare system market is anticipated to attain a CAGR of 6.9% during the forecast period.
The real-time e-healthcare system market size was valued about USD 29 Billion in 2020.
Fitbit, Garmin, Jawbone, Misfit Wearables, DexCom, Medtronic, Abbott, Cerner Corporation are a few prominent players in the market.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032 5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Product Type 5.1. Wireless Body Sensor Network Based e-healthcare Systems 5.2. Cellular and Smartphone Based e-Healthcare Systems 5.3. System on Chip e-healthcare System 5.4. Cloud-based e-healthcare Systems 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Distribution Channel 6.1. Institutional Sales 6.2. Retail Sales 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region 7.1. North America 7.2. Latin America 7.3. Europe 7.4. East Asia 7.5. South Asia & Pacific 7.6. MEA 8. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 9. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 10. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 11. East Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 12. South Asia & Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 13. MEA Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 14. Key Countries Market Analysis 15. Market Structure Analysis 16. Competition Analysis 16.1. Fitbit, Inc. 16.2. Garmin Ltd 16.3. Jawbone 16.4. Dexcom, Inc. 16.5. Medtronic 16.6. Abbott Laboratories 16.7. Cerner Corporation 16.8. GE Healthcare 16.9. Epic Systems Corporation 16.10. Medtronic plc 16.11. Arcadia Healthcare Solutions 16.12. Omada Health 16.13. Comarch SA 16.14. Renesas Electronics Corporation 16.15. MDs, Inc. 16.16. Archer 16.17. Cloud IT Solutions 16.18. Cisco Systems 17. Assumptions & Acronyms Used 18. Research Methodology
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Real-Time E-Healthcare System Market
