Global E-Health Market Grows at a Staggering CAGR of 13.05%

Introduction

E-Health refers to web-enabled systems and processes designed to transform healthcare delivery by improving medical care, enhancing patient engagement, streamlining operations, and controlling healthcare expenditures. It encompasses a wide range of services and solutions that leverage digital technology to provide more efficient, accessible, and patient-centered care. Key components of e-health include telehealth, which facilitates remote consultations and monitoring; electronic health records (EHR), which digitize patient information for seamless sharing across healthcare settings; personal health records (PHR), empowering patients to manage their own health data; health information exchange (HIE), enabling secure data sharing between organizations; and e-prescription, which improves accuracy and convenience.

Growing adoption of EHR by physicians drives the global market

The growing use of EHR by physicians is a key factor driving the expansion of the e-health market. EHR systems enable healthcare providers to access comprehensive patient information in a digital format, streamlining data sharing across various healthcare settings. This improved access to patient history, demographics, and disease progression enhances both the efficiency and quality of care delivery.

According to the 2021 National Electronic Health Records Survey (NEHRS), 88.2% of U.S. office-based physicians had adopted EHR systems, with 77.8% using certified systems. As the adoption of EHR technology continues to rise, it plays a pivotal role in driving the growth of the e-health market by optimizing clinical workflows and improving patient outcomes.

Government initiatives for personal health record launch create numerous growth opportunities

Governments around the world are increasingly prioritizing the development and implementation of PHR systems, recognizing their ability to empower individuals to take control of their health information while improving access to healthcare services. These initiatives are opening up significant opportunities for market growth by promoting efficient, patient-centric, and personalized care.

For instance, in January 2024, the provincial government of Newfoundland and Labrador introduced a new PHR system aimed at transforming how residents engage with healthcare services. This system allows individuals to seamlessly track and manage their health records, paving the way for broader adoption and integration of PHR systems globally.

North America leads the e-health market, holding the largest share of revenue. This dominance is attributed to various factors, including increased investments in the creation of innovative electronic platforms and software, as well as a well-established healthcare infrastructure. For example, in October 2024, Oracle announced the general availability of Oracle Health Clinical Data Exchange, a new cloud-based solution designed to enhance medical claims processing through secure and automated data exchange between healthcare providers and payers.

Key Highlights

• The global e-health market size was valued at USD 457.78 billion in 2024 and is projected to grow from USD 568.70 billion in 2025 to USD 1,517.43 billion by 2033, exhibiting a CAGR of 13.05% during the forecast period (2025-2033).
• By offering, the global e-health market is segmented into hardware and software & services.The software & services segment leads the market.
• By deployment mode, the global market is segmented into on-premise and cloud-based. The cloud-based segment dominates the global e-health industry, accounting for a significant market share.
• By end-users, the global market is segmented into healthcare providers, patients, and payers. The healthcare providers segment dominates the market and is expected to register the fastest CAGR.
• North America is the most significant global e-health market shareholder.

Competitive Players

The key players in the global market are Koninklijke Philips N.V., IBM, Siemens Healthineers AG, Epic Systems Corporation, UNITEDHEALTH GROUP, athenahealth, Teladoc Health, Inc., Cisco Systems, Inc., ResMed, eClinicalWorks, NXGN Management, LLC, Greenway Health, LLC, CareCloud, Inc., Doximity, Inc., and others.

Recent Developments

• In June 2024, Prevounce Health launched a new cellular-connected blood glucose meter specifically designed for remote patient monitoring. This clinically validated device offers seamless integration with multiple cellular networks, ensuring reliable and uninterrupted data transmission across the United States.

Segmentation

1. By Offering
   1. Hardware
   2. Software & Services
2. By Deployment Mode
   1. On-Premise
   2. Cloud-Based
3. By End-User
   1. Healthcare Providers
      1. Hospitals & Clinics
      2. Ambulatory Surgery Centers (ASCs)
      3. Diagnostic Centers
   2. Patients
   3. Payers