As per the research report, the size of the Asia Pacific e-Health Market is valued at 2882.37 million in 2022 and estimated to be growing at a CAGR of 18.13%, to reach 6630.57 million by 2027 during the forecast period 2022 to 2027.
The expansion of IoT and technological innovations increased the desire for mobile technology and the internet. In addition, the rising demand for population health management is all pushing factors for the Asia Pacific e-health market. As a result, lifestyle-related illnesses such as hypertension and diabetes are expected to rise over the forecast period. Furthermore, remote recording and exchanging medical records are possible due to patient-centered care and the growing digitization of products and services.
Increased public awareness of eHealth and expanding acceptance among healthcare professionals, together with evidence of the efficacy of adopting this technology, are expected to propel this industry is rapidly growing. In addition, the APAC e-health market is increasing due to an increase in government initiatives to use eHealth solutions and services, as well as an increase in the need to manage regulatory compliance through the use of eHealth solutions, a large population base, and an increase in the number of chronic diseases.
The Asia Pacific eHealth industry is primarily driven by mHealth applications and telemedicine services that allow patients to monitor various health metrics from the comfort of their own homes. They also enable doctors and patients to communicate more quickly and directly and record and share medical records remotely, removing the need to visit a hospital. The eHealth market is undergoing a paradigm shift due to shifting regulatory requirements in the healthcare business. Because eHealth tools effectively meet mandated care quality goals while lowering costs, demand from many stakeholders is projected to rise in the future years.
To some extent, a scarcity of qualified specialists impedes growth. Furthermore, patients' concerns about the security of their data and the need to meet security standards for data protection are another vital factor restricting the expansion of the eHealth industry.
This research report on the Asia Pacific E-Health Market has been segmented and sub-segmented into the following categories:
During the forecast period, the Asia-Pacific eHealth market is expected to rise significantly. One of the key drivers of market expansion is the fast digitalization of healthcare infrastructure in emerging markets like India and China. Many doctors see using healthcare IT solutions as a time-consuming task that interferes with their interactions with patients. As customers increasingly use online healthcare services, the size of the Japanese market is predicted to rise at a special rate.
In the country, medical app-assisted treatments are increasing at a consistent rate. The pharmacist's act, the medical practitioner's act, and DNA testing are instances of stringent rules and laws in Japan that encourage the use of virtual healthcare.
The China's e-health market dominance in the Asia-Pacific market is mainly attributable to government programs and policies that encourage the development of advanced and technologically advanced healthcare facilities. On the other hand, due to increased government investment in healthcare infrastructure, India's e-health market is expected to have a significant CAGR in the Asia-Pacific eHealth market throughout the forecast period.
The Honebuto Plan, which allows people to get medical care online, was introduced in Japan. In addition, the pharmacist's act for remote medicine prescriptions, the medical practitioners act for telediagnosis, gene testing, and other services, and the act on the use of telecommunications technology in document preservation for electronic medical records, among others, are now well-established laws and regulations in Japan.
The Top companies leading in the APAC E-Health Market profiled in the report are Boston Scientific Corp., IBM, Motion Computing Inc., GE Healthcare, Epocrates Inc., Telecare Corp., CompuMed, Medisafe, SetPoint Medical, Doximity, Lift Labs, Proteus Digital Health, Apple.
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3.1 Executive Summary
3.2 Key Inferences
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 By type
5.1.2 Consumer Information System
5.1.5 Health Information
5.1.7 Health Management
5.1.8 Clinical Decision Support
5.2 By services
5.3 By end-user
5.3.1 Healthcare Consumers
6. Geographical Analysis
7.1 PESTLE analysis
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 Boston Scientific Corp.
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.3 Motion Computing Inc.
8.4 GE Healthcare
8.5 Epocrates Inc.
8.6 Telecare Corp.
8.9 Set Point Medical
8.11 Set Point Medical
8.12 Lift Labs
8.13 Proteus Digital Health
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
a) List of Tables
b) List of Figures
Talk to our analyst and get customised report done according to your research needs
Check if you can avail any discount. Submit your details and our team will get back to you.
Request to avail a free sample report that reflects this market and its growth.