eHealth Market worth $193.8 billion by 2025 - Exclusive Report by MarketsandMarkets eHealth Market by Solutions (EMR, PACS & VNA, RIS, LIS, CVIS, Telehealth, eRx, HIE, Patient Portal, Medical Apps), Services (Remote Patient Monitoring, Diagnostic Services) End User - Global Forecast to 2025 , published by MarketsandMarkets, the eHealth Solutions Market is projected to reach USD 193.8 billion by 2025 from USD 69.5 billion in 2020, at a CAGR of 22.8% during the forecast period.
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Factors such as the increased adoption eHealth solutions, rising elderly population base, and the growing number of infectious diseases are expected to drive the growth of the market.
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“Future Market Insights”
Extending Penetration of Mobile Devices Will Generate Lucrative Opportunities in the mHealth Solutions Market; Future Market Insights
Growing health awareness and inclination towards health-oriented devices are fuelling the market growth to a great extent.
The mhealth solutions market is expected to expand at an impressive CAGR of 26.8% through the forecast period (2020-2030) across the globe. COVID-19 has fuelled the demand as sales of smart devices have witnessed considerable profit due to digitalization. Though major challenges like cyber-crime will affect the market yet a steady growth will be noticed as features will be modified.
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Bolstering demand for wearable devices and adoption of smart health and fitness tracking devices are driving the market growth. Key players are regularly working on product innovation in technical aspects with customer friendly features, thereby, enhancing market growth,” states the FMI Analyst.