The size of the North America eHealth Market is forecasted to grow USD 10478.57 million by 2027 from USD 5456.59 million in 2022, growing at a CAGR of 13.94% between 2022 to 2027.
Increasing importance towards the usage of internet and mobile technology and rising awareness for health management in people are propelling the market demand. People suffering from chronic diseases are significantly increasing in North America, which is estimated to increase eHealth adoption in the region. Increasing usage of eHealth systems by Medical professionals is further anticipated to drive the market growth.
Various initiatives taken by the government and huge funds gathered for adopting a digitalized system are escalating the market demand. The increasing usage of patient monitoring solutions and the increased focus of the healthcare IT companies to develop e-health solutions, and government support for the R &D on e-health in improving the healthcare facilities are successfully driving the market growth. Wide usage of software for data management is the prime factor impelling the market growth.
Huge capital required for implementation and maintenance of the e-health systems is limiting the market growth. In some of the existing economies, internet usage is significantly less, which is likely to impede the market demand. Non-acceptance of medical professionals for approving advanced e-health solutions acts as an excellent barrier for market growth.
This research report on the North America eHealth Market has been segmented and sub-segmented into the following categories:
North America is expected to dominate the global eHealth market in the next few years. The presence of a digitally maintained population base and various initiatives by the American Health Information Community is expected to be the drivers of this growth.
The United States is leading the North American market with the highest share. eHealth providers are mainly focusing on improving solutions to offer particular requirements of end-users, and escalating healthcare expenses are likely to nourish the market growth. Rising utilization of e-health solutions among the outpatient care services is one such factor driving the market demand. The development of widespread diseases, the introduction of new e-health software and services, and an upgraded technology population base are projected to augment the market growth. Canada is expected to have a substantial increase in the e-health market. According to the CDC, 50% of the population and above of the U.S accounted for nearly 117 million are expected to suffer from one or more chronic conditions that need common monitoring.
Companies playing a dominant role in the North America eHealth Market profiled in this 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 and Apple.
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