#eHealth Market Data 2024

[businesspointnews]

eHealth Market Current Scenario, Trends, Companies and Growth Prospects to 2024-2032

IMARC Group has recently released a new research study titled “eHealth Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios. The global eHealth market size reached US$ 120.7 Billion in…

[health-views-updates]

The Future of the Pharmacy Benefit Management Market: What to Expect

Pharmacy Benefit Management Market Outlook, Scope & Overview:

Industry reports indicate that the global pharmacy benefit management market was valued at USD 553.49 billion in 2023 and is projected to reach USD 882.86 billion by 2031, growing at a CAGR of 6.01% over the forecast period 2024-2031.

Technological Advancements to Drive Growth of Global Pharmacy Benefit Management Market

The adoption of advanced pharmacy benefit management (PBM) solutions will continue to influence global market revenues. Healthcare providers and insurers are increasingly utilizing PBM services to manage prescription drug benefits, control costs, and improve patient outcomes.

As a service segment, claims processing and adjudication currently hold a significant share of the global pharmacy benefit management market. This segment is anticipated to grow at a year-over-year rate of 6.01% in 2024 over 2023 and reach USD 882.86 billion in revenues by 2031. The increasing complexity of prescription drug plans and the need for efficient cost management are expected to drive market growth.

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Pharmacy Benefit Management Solutions – Market Dynamics

Drivers:

Pharmacy benefit management solutions are witnessing significant growth in the global market due to their ability to optimize drug benefit programs, reduce medication costs, and enhance patient care. The rising prevalence of chronic diseases, coupled with the increasing demand for specialty medications, are key factors driving the adoption of PBM services worldwide. Additionally, the implementation of value-based care models and the emphasis on medication adherence are further propelling market growth.

Restraints:

Despite the growth potential, challenges such as regulatory scrutiny, the complexity of managing multi-tiered formularies, and concerns about data privacy and security are hindering the widespread adoption of pharmacy benefit management solutions. Moreover, the consolidation of PBM companies and the potential for conflicts of interest pose additional challenges to market expansion.

Pharmacy Benefit Management Solutions – Market Outlook

The proven benefits of pharmacy benefit management solutions in controlling prescription drug costs, improving patient adherence, and streamlining pharmacy operations have contributed to the market's growth. PBM solutions are expected to witness increased adoption across major markets, including North America, Europe, and Asia Pacific, driven by advancements in healthcare IT and the growing focus on cost-effective medication management.

Global Pharmacy Benefit Management Market

The rise in demand for pharmacy benefit management solutions in developed and emerging markets is expected to drive market growth over the forecast period. North America currently holds a significant market share in the global PBM market, with the US being a key contributor to market revenues. Europe and Asia Pacific regions are also experiencing rapid adoption of PBM solutions, supported by favorable regulatory frameworks and increasing healthcare expenditures.

Key Players in the Pharmacy Benefit Management Solutions Market

Leading companies in the pharmacy benefit management solutions market include CVS Health Corporation, Express Scripts, OptumRx, and Prime Therapeutics. These companies are at the forefront of developing and commercializing advanced PBM platforms for various healthcare applications, including medication therapy management, formulary management, and drug utilization review.

In conclusion, the global pharmacy benefit management market is poised for steady growth over the forecast period, driven by technological advancements, increasing healthcare costs, and the expanding adoption of PBM services across diverse healthcare settings.

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[wellnessweb]

Exploring the Market Size of Mobile Health Apps and Platforms

The eHealth Market Size was valued at USD 346.86 billion in 2023, and is expected to reach USD 1330.55 billion by 2031 and grow at a CAGR of 18.3% over the forecast period 2024-2031.The eHealth market has rapidly transformed the landscape of healthcare, intertwining digital technology with medical services to enhance accessibility and efficiency. From telemedicine platforms connecting patients with doctors remotely to AI-powered diagnostics streamlining medical assessments, eHealth has revolutionized how healthcare is delivered. This burgeoning sector not only facilitates convenient access to healthcare services but also empowers patients with greater control over their health management.

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Market Scope & Overview

The market research report displays the market shares of the leading companies as well as the competitive landscape of the major industry rivals. The report thoroughly investigates the eHealth Market . The market estimations and predictions in the research study are based on the opinions of internal subject matter experts, extensive secondary research, and primary interviews. Market research aids in the evaluation of numerous essential variables, such as product performance, market share growth, and investments in emerging markets, to mention a few.

The most recent report will provide you with information on recent trends, opportunities, and components that may have an impact on future growth, as well as a comprehensive overview of the worldwide eHealth Market . This research provides a high-level overview of the market and its profitable opportunities. In addition to market size, the report looks into market drivers, challenges, and opportunities.

Market Segmentation Analysis

By Product Type

Electronic Health Record (EHR)

Big Data for Health

mHealth

Health Information Systems (HIS)

Telemedicine

By Service Type

Monitoring Services

Diagnostic Services

Healthcare Strengthening

By End-use

Providers

Government

Insurers

Healthcare consumers

COVID-19 Impact Analysis

The impact studies on COVID-19 will aid market participants in building pandemic preparedness strategies. The research looks into the demand and supply side effects on the target market. Primary and secondary research, as well as private databases and a paid data source, were all included in this study report. This study examines the impact of COVID-19 on the domestic and global eHealth Market places.

Regional Outlook

The eHealth Market  research report explores the effects of COVID-19 on a wide range of geographical markets, including North America, Latin America, Asia Pacific, Europe, and the Middle East and Africa.

Competitive Analysis

The eHealth Market  research analysis comprehensively examines the consequences of COVID-19 on numerous geographical markets, including North America, Latin America, Asia Pacific, Europe, and the Middle East and Africa.

Key Reasons to Purchase eHealth Market  Report

Market projections and estimates consider the many political, social, and economic elements that will influence market growth, as well as the industry's current position.

The market report investigates global market structure, segmentation, growth rates, and revenue share comparisons.

Conclusion

The research report analyses the global market and performs research on consumption, value, year-over-year growth, and future development plans to provide a comprehensive representation of the eHealth Market .

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[generalmarketresearch-blog]

Medical Image Exchange Systems Market to Get an Explosive Growth

Latest Global Medical Image Exchange Systems Market study with 100+ market data Tables, Pie charts & Figures is now released by HTF MI. The research assessment of the Market is designed to analyze futuristic trends, growth factors, industry opinions, and industry-validated market facts to forecast till 2030. A significant region that is speeding up marketization is used to split the market study. Some of the leading players covered such as Life Image Inc. (United States), DICOM Grid, Inc. (dba Ambra Health) (United States), Agfa Healthcare (Belgium), GE Healthcare (United States), Nuance Communications, Inc. (United States), Mach7 Technologies Ltd. (United States), Novarad (United States), eHealth Technologies, Inc. (United States), itMD LLC. (United States), Sectra AB (United States), Vigilant Medical (United States), OneMedNet Corporation (United States), DOBCO Medical Systems (Belgium).

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According to HTF Market Intelligence, the Global Medical Image Exchange Systems market to witness a CAGR of 8.24% during forecast period of 2024-2030. The market is segmented by Application (Hospitals, Diagnostic Centers, Educational Institutes, Clinical Research Laboratories) by Type (Web-Based Service, Cloud-Based Solution, Mobile-Enabled Service) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The Medical Image Exchange Systems market size is estimated to increase by USD 452.86Million at a CAGR of 8.24% from 2024 to 2030. The report includes historic market data from 2021 to 2024E. Currently, market value is pegged at USD 745.14Million

Definition:

Medical image exchange systems enable storing, archiving, sharing and accessing images that allow the healthcare organizations to manage data more efficiently and cost-effectively. Medical image exchange systems allow medical images to be shared across all healthcare organizations, starting with public hospitals and polyclinics and gradually to healthcare establishments in the charity sectors and private. Medical imaging is the procedure used to create images of the human body for medical procedures seeking to reveal, examine the disease or diagnose. Medical images are the main means of the healthcare diagnostic procedures and this has led to significant growth of the medical image exchange systems market in the forecast period. Market Trends:

Growing Demand for Medical Imaging Information Technology (IT) Services from Remote or Remotely Managed Third-party Platforms Over a Network

Increasing Adoption of Automation in Diagnostic Service

Market Drivers:

Increasing Age of Patient Population and Rising the Chronic Disease

Rising the Healthcare Spending In Emerging Economies

Increasing Healthcare Investment in Infrastructures by Various Government in the Developing Nations

Market Opportunities:

Rising New Medical Imaging Technologies such as 3D Imaging, PET/MR Scans are Creates Opportunities for the Market

Medical Image Exchange Systems Market Competitive Analysis:Know your current market situation! Not just new products but ongoing products are also essential to analyze due to ever-changing market dynamics. The study allows marketers to understand consumer trends and segment analysis where they can face a rapid market share drop. Figure out who really the competition is in the marketplace, get to know market share analysis, market position, % Market Share, and segmented revenue. Have a question? Market an enquiry before purchase @ https://www.htfmarketintelligence.com/enquiry-before-buy/global-medical-image-exchange-systems-market

Players Included in Research Coverage: Life Image Inc. (United States), DICOM Grid, Inc. (dba Ambra Health) (United States), Agfa Healthcare (Belgium), GE Healthcare (United States), Nuance Communications, Inc. (United States), Mach7 Technologies Ltd. (United States), Novarad (United States), eHealth Technologies, Inc. (United States), itMD LLC. (United States), Sectra AB (United States), Vigilant Medical (United States), OneMedNet Corporation (United States), DOBCO Medical Systems (Belgium)

Additionally, Past Medical Image Exchange Systems Market data breakdown, Market Entropy to understand development activity and Patent Analysis*, Competitors Swot Analysis, Product Specifications, and Peer Group Analysis including financial metrics are covered. Segmentation and Targeting: Essential demographic, geographic, psychographic, and behavioral information about business segments in the Medical Image Exchange Systems market is targeted to aid in determining the features the company should encompass in order to fit into the business's requirements. For the Consumer-based market - the study is also classified with Market Maker information in order to understand better who the clients are, their buying behavior, and patterns. Medical Image Exchange SystemsProduct Types In-Depth: Web-Based Service, Cloud-Based Solution, Mobile-Enabled Service Medical Image Exchange Systems Major Applications/End users: Hospitals, Diagnostic Centers, Educational Institutes, Clinical Research Laboratories Medical Image Exchange Systems Major Geographical First Level Segmentation:

• APAC (Japan, China, South Korea, Australia, India, and the Rest of APAC; the Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)

• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)

• North America (U.S., Canada, and Mexico)

• South America (Brazil, Chile, Argentina, Rest of South America)

• MEA (Saudi Arabia, UAE, South Africa) Buy Now Latest Edition of Medical Image Exchange Systems Market Report 👉 https://www.htfmarketintelligence.com/buy-now?format=3&report=1952

[market-research-future]

Prescribed Health apps Market Future Outlook, Emerging Trends | Forecast to 2024

Prescribed Health Apps Market Global Trends By Operating System (Windows, Androids, iPhones) By Devices (Diabetes management device, multi-parameter tracker, cardiac monitoring device) and End User Analysis By New Technology, and Industry Forecast to 2024.

The growth of mobile apps was 38.1% whereas medical apps growth was 49.1%. The Prescribed health apps market size is expected to grow annually at the rate of about 47.6% CAGR.

Prescribed health apps are software applications designed to provide health services over mobile devices. They assist patients by managing their medical condition in real-time and gaining advice from medical professionals via the mobile phone. As per the data provided by NCBI, around 68% of the US population owns a prescribed health app in their smartphone. Such proliferated use of health-based apps is giving momentum to the growth in the prescribed health apps market during the forecast period with a lack of awareness of health apps and hesitation in the adoption of the same is likely to hinder the ascension of the prescribed health apps market.

The prescribed health apps market segmented by type, device, application, and end-user.

By type: Windows, Android, iPhone, and others.

By device: multi-parameter tracker, cardiac monitoring device, diabetes management device, and others.

By application: lifestyle management, disease management, fitness, nutrition, and diet, medication adherence, and others.

By end-user: home care, specialty centers, hospitals, sand others.

Traditional players are developing healthcare applications to digitize their offerings and gain a larger consumer base.

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AirStrip Technologies, Sanofi, LifeWatch AG, Cerner Corporation, iHealth Lab, BioTelemetry Inc., Apple, Inc., and others are some of the major players in the prescribed health apps market.

LIST OF TABLES

Table 1 Global Prescribed Health Apps Market Synopsis, 2018–2023

Table 2 Global Prescribed Health Apps Market Estimates And Forecast, 2018–2023 (USD Million)

Table 3 Global Prescribed Health Apps Market, By Region, 2018–2023 (USD Million)

Table 4 Global Prescribed Health Apps Market, By Technique, 2018–2023 (USD Million)

Table 7 Global Prescribed Health Apps Market, By End-Users, 2018–2023 (USD Million)

Table 8 North America: Prescribed Health Apps Market, By Technique, 2018–2023 (USD

Million)

…To be Continued.

Prescribed Health apps Market Regional Information:

Asia Pacific (APAC), the Americas, the Middle East & Africa (MEA), and Europe.

North America

Globally, North America region is leading market for Health apps. North America dominates the domain of healthcare information technology i.e. eHealth or digital health. The technology growth in electronic health to smartphones apps in medical field has increased the market opportunity for personal healthcare apps. Furthermore, the time taken to development and upgrade the applications have more reasons to ensure that the designed phase to optimized.

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Europe

Europe region is also showing high growth in Health apps. European countries like Germany and UK are countries that are more into Health apps. Europe has played an important role in development of healthcare apps. The European commission has launched a public consultation on mobile health on Green paper, where users using health apps can comment on the barriers and issues related to the use of health apps. These are the few factors that help in increasing the growth of health apps in Europe.

Presence of advanced telecommunication networks and a plethora of platforms for professionals to offer their expertise to patients can bolster the global prescribed health apps market demand in the coming years. The use of mobile applications by healthcare consumers is a positive indicator of the potential of the market. Seed funding and rising interest by venture capital firms can boost the market demand. In 2019, Xealth, a U.S. company gained funding from Philips, Novartis, ResMed, and McKesson Ventures.

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[akashthings]

Global   Dental Insurance Services Market  Size, Trends, Competitive Market  Size, Share, Development and Forecast Overview 2018-2023

Summary –A new Global 2019-Dental Insurance Services Market Growth 2020-2025-” has been featured on WiseGuyReports.

COVID-19, the disease it causes, surfaced in late 2019, and now had become a full-blown crisis worldwide. Over fifty key countries had declared a national emergency to combat coronavirus. With cases spreading, and the epicentre of the outbreak shifting to Europe, North America, India and Latin America, life in these regions has been upended the way it had been in Asia earlier in the developing crisis. As the coronavirus pandemic has worsened, the entertainment

ALSOREAD https://www.einpresswire.com/article/522604249/dental-insurance-services-market-2020-key-players-1dental-com-ehealth-delta-dental-ameritas-cigna-dental-etc

industry has been upended along with most every other facet of life. As experts work toward a better understanding, the world shudders in fear of the unknown, a worry that has rocked global financial markets, leading to daily volatility in the U.S. stock markets.

 According to this latest study, the 2020 growth of 2019-nCoV Testing Kit will have significant change from previous year. By the most conservative estimates of global 2019-Dental Insurance Services Market size (most likely outcome) will be a year-over-year revenue growth rate of XX% in 2020, from US$ xx million in 2019. We give this scenario a XX% probability, where under the scenario the supply chain will start to recover and quarantines and travel bans will ease, over the Q2. Longer-term, the effect of COVID-19 will be felt throughout the year with some degree of harm done by the virus. Over the next five years the 2019-Dental Insurance Services Market will register a XX% CAGR in terms of revenue, the global market size will reach US$ XX million by 2025.

 This report presents a comprehensive overview, market shares, and growth opportunities of 2019-Dental Insurance Services Market by product type, application, key manufacturers and key regions and countries.

 This study specially analyses the impact of Covid-19 outbreak on the 2019-nCoV Testing Kit, covering the supply chain analysis, impact assessment to the 2019-Dental Insurance Services Market size growth rate in several scenarios, and the measures to be undertaken by 2019-nCoV Testing Kit companies in response to the COVID-19 epidemic.

 Segmentation by type: breakdown data from 2015 to 2020, in Section 2.3; and forecast to 2025 in section 11.7.

Fluorescent PCR

Colloidal Gold

 Segmentation by application: breakdown data from 2015 to 2020, in Section 2.4; and forecast to 2024 in section 11.8.

Hospital

Government

 This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

 The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.

Haitai

Sansure

Life River

BGI

Da An Gene

Bio-Germ

Maccura Biotechnology

Wondfo

GENEODX

 In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

 Research objectives

To study and analyze the global 2019-nCoV Testing Kit consumption (value & volume) by key regions/countries, type and application, history data from 2015 to 2019, and forecast to 2025.

To understand the structure of 2019-Dental Insurance Services Market by identifying its various subsegments.

Focuses on the key global 2019-nCoV Testing Kit manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the 2019-nCoV Testing Kit with respect to individual growth trends, future prospects, and their contribution to the total market.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

To project the consumption of 2019-nCoV Testing Kit submarkets, with respect to key regions (along with their respective key countries).

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

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Wise Guy Reports is part of the Wise Guy Research Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe.                

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eHealth Market

Global eHealth Market is expected to reach US$ 161.30 Billion by 2024 from US$ 31.52 Billion in 2016 at CAGR of 12.68%. The eHealth Market is… Global eHealth Market is segmented by product & services, end user and geography.

Product and services are classified as eHealth service, eHealth solution. End users are splits into healthcare providers, payers, healthcare consumers, pharmacies. Geography wise divided into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

Global eHealth market has been gaining substantial popularity globally in the last few years. Rise in awareness among hospitals and clinics regarding the benefits provided by eHealth systems is expected to accelerate the growth of the global market in the forecast period. Technological developments play a crucial role in the expansion of the global eHealth market. Growing use of tablets, smartphones, and laptops as a quick and easy mode of communication is likely to supplement the growth of the market. Another, concerns related to privacy and security of patient data and licensing issues are anticipated to restrict the growth of the global eHealth market in the next few years. Additionally, the lack of reimbursement policies in developing nations is estimated to hamper the growth of the global eHealth market.

Based on end users, Healthcare consumers are expected to held steady growth during the forecast period. The growth for healthcare segment is attributed to the factors such as the rising number of people requiring remote patient monitoring, rising demand for personalized care, and high access of digital technologies in the healthcare industry.

In terms of geography, APAC is going to emerge as one of the higher growth region in forecast period followed by North America and Europe. Increasing government initiatives to modernize healthcare systems, rising medical tourism, implementation of eHealth programs, and increasing per capita income in rising economies like China and India will fuel the Global eHealth Market in APAC region. Key players operating on the market are, Allscripts, GE Healthcare, Athenahealth, Epic Systems, Cisco Systems, Medtronic, IBM, and Siemens Healthineers, Optum (A Subsidiary of Unitedhealth Group, Inc., Philips, Mckesson, and Cerner. Scope of Global eHealth Market are

Global eHealth Market, By Product & Services:

• eHealth Service • eHealth Solutions Global eHealth Market, BY End User:

• Healthcare Providers • Payers • Healthcare Consumers • Pharmacies Global eHealth Market, By Geography:

• North America • Europe • Asia Pacific • Middle East & Africa • Latin America Key players of Global eHealth Market are

• Allscripts • GE Healthcare • Athenahealth • Epic Systems • Cisco Systems • Medtronic • IBM • Siemens Healthineers • Optum (A Subsidiary of Unitedhealth Group, Inc.) • Philips • Mckesson • Cerner

This Report Is Submitted By @Maximize Market Research Company

Customization of the report:

Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities.

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Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

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Organization: MAXIMIZE MARKET RESEARCH

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[auvikeshkumar-blog]

Advanced Analytics Market Analysis and Forecast, from 2018 – 2024 #healthcare #health #digitalhealth #pharmacy #patientcare #AI #artificalintelligence #pharmacist #ehealth #EHR #innovation #data #kceglobalconsulting #vikeshkumar #doctors #GP #healthpolicy The Advanced Analytics Market Report 2018 – 2024is widely partitioned reliant on the predictable updates in the enhancement of parameters, for example, quality, trustworthiness, end customer solicitations, applications, and others.

[pharmaphorumuk]

The top 10 ways digital will transform healthcare

Janssen’s Kris Sterkens gives his thoughts on how digital will continue to influence healthcare in the age of information.

With over 30 years in the pharma industry, I have witnessed tremendous advancements in healthcare, but few have been as significant as the dawn of digital. Since the emergence of the World Wide Web, digital technology has advanced at a staggering rate, and the healthcare sector has not been excluded from the impact of this revolution.

By the early 2000s, driven by a growing need for cost-effective healthcare, several national initiatives to digitise patient data were established, fueling the emergence of new terminology in “eHealth” or “digital health”. Israel was among the first to successfully adopt electronic health records, however for many others, such as the United Kingdom or Germany, billions in investment were lost in abandoned attempts.

Digitising healthcare almost immediately presented itself as a financial double-edged sword, with the clear potential to save billions annually, while also demanding the need for substantial up-front investment to build the necessary infrastructure. To this effect, at the start of 2008 the European Union (EU) launched the Lead Market Initiative, identifying digital healthcare among the most promising of markets.

“Digitising healthcare almost immediately presented itself as a financial double-edged sword”

By 2018, the boom of smart technology set the foundations for the digital era, permitting a world of interconnectivity, insight and opportunity that revolutionised the landscape of medicine to something unrecognisable to that a mere 20 years ago. In 2017 alone, the digital healthcare industry was valued at an astounding $25 billion globally, a value projected to skyrocket above $379 billion by 2024. With figures like that, it’s safe to say we’re yet to see the full impact of digital medicine.

While we’ve come a long way as an industry, I think we’ve only started to scratch the surface. What is becoming increasingly clear is that we must stop acting in isolation, and take on our role as a cross-collaborative integrated solutions provider with digital tools providing the foundation of that change. Here are ten ways I think, with the right approach, digital technology can influence our healthcare systems for the better.

1) Superior collaboration across industries and expertise

With healthcare expenditure recorded in excess of €1.5 trillion across the EU in 2015, it’s no wonder that the “Big Four” tech giants – Microsoft, Apple, Amazon and Google – have been keen to establish their presence in this booming industry. We’re already seeing results with the development of health platforms like Microsoft’s Connected Health, Apple’s HealthKit or Google’s GoogleFit. By merging our scientific expertise, with the capabilities of tech companies large and small, I believe the best of both worlds can come together to create something truly remarkable.

Take J&J and Google’s joint venture into digital surgery with VERB Surgical. J&J’s Ethicon brings its knowledge of surgical instrumentation to the partnership, while Google contributes its machine vision, imaging analysis, and data analytics expertise. The potential of this collaborative approach is huge and I hope it is something we see more and more in the coming years.

2) Optimised efficiency and precision with robotic technology 

1985 was the year the first successful robotic surgery took place, with the PUMA 560 robotic surgical arm augmenting precision for a delicate neurosurgical procedure. By the 21st century, robotic surgery broke new ground with the da Vinci Surgery System, the first ever FDA-approved digital device incorporating “weak AI” into an all-encompassing system that offers patients minimally invasive surgical options; and HCPs enhanced vision, precision and control.

Most recently, the first ever tele-manipulated, retinal surgery was published in Nature in 2018, whereby surgeons made use of specialized digital devices to perform surgery from a remote location. It’s undoubtedly still early days, but I can only imagine the potential impact tele-surgery could have on patient accessibility if patients and surgeons were no longer even required to be in the same room for a procedure.

3) The generation and acquisition of big data 

One of the most remarkable influences on healthcare has been the ability to collect and store data in a way that was never possible before electronic records and smart technology. Thanks to advances in data-collection technologies, data storage is predicted to skyrocket ten-fold since 2013 into yottabyte proportions by the end of 2019. What’s more incredible is that a third of this data is thought to be generated from the healthcare industry alone.

This substantial amount of data has already shown its worth in our healthcare systems, improving not only hospital costs and efficiencies, but supporting HCP decision-making and patient outcomes. At Janssen we have developed HONEUR (Haematology Outcomes Network in Europe) and cross-industry EHDEN (European Health Data and Evidence Network) projects, which are working to safely pseudonymise confidential data from any source or institution, allowing productive analysis of a massive and diverse data pool.

The biggest obstacle we currently face in this area is the isolated nature of the data we collect. As it is currently done on a relatively small scale, we don’t yet have the systems in place to truly integrate this data and see the real benefits big data could bring.

4) AI and algorithmic medicine

With apps like Babylon Health redefining the doctor-patient consultation, improving patient access to healthcare, and relieving the immense burden on healthcare systems, the use of AI is most certainly on the rise in healthcare. To this end, Janssen has partnered with IBM Watson, whose goal it is to find the best ways to bring AI and other technologies to the front line and assist medical and healthcare professionals.

Among other big tech companies, Google have helped pave the way in AI-based healthcare solutions, making use of emerging smart technologies to analyse big datasets and extract insights that can improve healthcare outcomes. Google AI recently published their work in Nature, where they focused on the analysis of electronic health records to predict hospital outcomes, with the aim of gaining insights that can improve the quality of care provided to patients. Undeniably, AI has opened doors that were held firmly shut before the digital era.

5) Accelerated drug discovery

Typically, the development of new medicines can take anywhere from 10–20 years. With the latest technology, digital healthcare can analyse data virtually instantaneously, and this has the potential to help us identify possible drug candidates and perform testing for efficacy with both speed and precision beyond human capabilities.

At Janssen we have collaborated with key players in the AI-driven drug discovery industry including BenevolentAI, a scientific data mining company that combines the power of computational medicine and advanced AI with the principles of open systems and cloud computing to transform the way medicines are designed, developed and tested.

6) Enhanced disease prevention

Prioritising prevention over cure has never been more clinically relevant to research than it is today. With the help of advanced technology and smart AI, we’re able to predict the likelihood of disease onset more accurately than ever before, which is why we at Janssen have invested in a dedicated Prevention Center, which focuses solely on using these insights to develop innovative measures to stop disease before it ever happens. I am confident one day preventative medicine will overtake the reactive medicine we currently practice, and I couldn’t be prouder to be part of a company that is working to make that a reality.

7) Superior diagnostic capabilities

The ultimate goal of every healthcare practitioner is to get patients diagnosed, treated and on their way to recovery as fast and efficiently as possible. Digital healthcare has the potential to optimise this process by applying the most advanced technologies we have to offer to instantly analyse test results, determine the optimal treatment options, and ensure every patient gets the urgent care they require as soon as possible. This technology is already a reality, with advances such as Google’s AI-driven DeepMind Health, a collaboration with healthcare practitioners, researchers, patients and pharma companies like us to build algorithms into neural networks that function to imitate the human brain.

8) Precision treatment and tailored medicine

Digital healthcare is redefining the way we treat patients through the development of technology that enables us to immediately select for therapies that are more likely to suit a patient’s unique genetic make-up. Not only does this optimise healthcare costs and reduce hospital readmissions, but it also improves the likelihood of a positive patient outcome. I am proud of the fact that Janssen is leading the way in this area of research – from the development of specialised tests that can detect the presence of genomic abnormalities associated with prostate cancer, to our work with BiomX in the development of a microbiome-based biomarker discovery platform to identify responders to key inflammatory bowel disease therapeutics.

9) Enhanced decision-making support for HCP

Through an interconnected system of assistive devices and smart applications, HCPs are not only empowered with enhanced medical precision, but they are also equipped with the insights necessary to make better, more informed decisions for their patients. At Janssen, we have partnered with WinterLight Labs to combine their speech-based smart technology with our vast database and expertise, to create an algorithm that can predict dementia and other neurodegenerative disorders by monitoring the linguistic diversity of patients. Our goal is to use this technology to support HCPs in key decisions that we hope will benefit the care of patients in the long-term.

10) Improved patient outcomes 

With unprecedented access to healthcare information, and apps like Sensely’s Molly enabling patients to monitor their health in between doctor-patient consultations, the digital revolution has truly empowered patients to play a more assertive role in their own healthcare.

As a company we have a responsibility to really understand the impact and success of our medicines and this means going beyond the pill to look at the whole patient experience. Digital applications like Apple’s ECG app are just one example of this, where we have collaborated with Apple to develop an atrial fibrillation application that monitors a patients’ heartrate for irregular rhythms that could be indicative of an impending stroke.

In doing so, patients are alerted to health risks before they even begin to feel their effects, empowering them with the information necessary to take control of their health like never before.

While the rapid emergence of digital health is truly staggering, what’s more exciting is the immense potential it has yet to reach. Today we’re talking about the potential of AI, but in 20 years’ time, I believe that all companies will be AI-equipped in some way. Undeniably, digital healthcare is positioning itself as the new standard of care across healthcare systems, and I for one, couldn’t be more excited about what the future has in store.

About the author

Kris Sterkens has been the Company Group Chairman of Janssen EMEA since June 2017, returning to his home country, Belgium after spending over three years in Singapore where he was Company Group Chairman of Janssen Asia Pacific. Kris has a background in economics and financial management and was Vice President, Finance and Chief Financial Officer for Janssen EMEA before he moved to general management. Kris has been with Janssen for almost 30 years.

The post The top 10 ways digital will transform healthcare appeared first on Pharmaphorum.

from Pharmaphorum https://pharmaphorum.com/views-analysis-digital/the-top-10-ways-digital-will-transform-healthcare/

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eHealth Market Evolving Opportunities with Top Key Players, 2024-2032

IMARC Group, a leading market research company, has recently released a report titled “eHealth Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032”. The study provides a detailed analysis of the industry, including the market share, size, trends, and growth forecast. The report also includes competitor and regional analysis and highlights the latest…

[health-views-updates]

eHealth Market Future: Trends, Challenges, and Opportunities

eHealth Market Outlook, Scope & Overview:

Industry reports indicate that the global eHealth market was valued at USD 346.86 billion in 2023 and is projected to reach USD 1330.55 billion by 2031, growing at a CAGR of 18.3% over the forecast period 2024-2031.

Technological Advancements to Drive Growth of Global eHealth Market

The adoption of advanced eHealth technologies will continue to influence global market revenues. Healthcare providers are increasingly turning to eHealth solutions due to their effectiveness in improving patient outcomes, reducing costs, and enhancing healthcare delivery.

As a service segment, telehealth services currently hold a significant share of the global eHealth market. This segment is anticipated to grow at a year-over-year rate of 18.3% in 2024 over 2023 and reach USD 500 billion in revenues by 2031. A substantial increase in the demand for telehealth services is expected, driven by factors such as increasing internet penetration, advancements in telecommunication technologies, and the rising need for remote healthcare services.

Telehealth Services in eHealth – Market Dynamics

Drivers:

Telehealth services are witnessing significant growth in the global market due to their ability to provide remote healthcare, which is particularly beneficial in rural and underserved areas. The use of advanced technologies and platforms for telehealth has enhanced the accessibility and convenience of healthcare services, driving the demand for these solutions worldwide. Additionally, the growing aging population and the need for continuous monitoring and management of chronic diseases are leading to higher adoption of telehealth services.

Restraints:

Despite the growth potential, challenges such as limited access to high-speed internet in certain regions and the high cost of telehealth infrastructure are hindering the widespread adoption of telehealth services. Moreover, regulatory and privacy concerns regarding patient data security act as barriers to the growth of the telehealth market.

Telehealth Services – Market Outlook

The effective outcomes observed from telehealth services in improving healthcare accessibility and patient engagement have contributed to the market's growth. Telehealth services are projected to witness a steady increase in demand, particularly in developed regions where internet penetration and healthcare infrastructure are more advanced.

Global eHealth Market

The rise in demand for eHealth services in North America, Europe, and Asia Pacific regions is expected to drive market growth over the forecast period. North America currently holds a significant market share in the global eHealth market, with the US being a key contributor to market revenues. Europe and Asia Pacific regions are also experiencing a surge in demand for eHealth services, fueled by increasing adoption of digital health technologies and supportive government initiatives.

Key Players in the eHealth Services Market

Leading companies in the eHealth services market include Teladoc Health, Cerner Corporation, Allscripts Healthcare Solutions, and Philips Healthcare. These companies offer a range of eHealth solutions, including telehealth platforms, electronic health records (EHR) systems, and mobile health applications tailored to individual and institutional needs.

In conclusion, the global eHealth market is poised for substantial growth over the forecast period, driven by technological advancements, increasing awareness, and the growing need for efficient and accessible healthcare solutions.

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Internet of Medical Things Market Sales Revenue, Development Strategy, Growth Potential, Analysis and Business Distribution | COVID-19 Impact

Market Highlights

Market Research Future (MRFR), in its latest Global Internet of Medical Things (IoMT) Market 2020 report discuss the influence of coronavirus disease outbreak on the market. As per MRFR study of the Internet of Medical Things (IoMT) global Market, it can thrive at 25.6% CAGR in the review period 2019 to 2025. In-depth study of the effect of pandemic on the Internet of Medical Things (IoMT) is provide with the report.

Competitive Analysis

MRFR profiled some reputed Internet of Medical Things (IoMT) Marketers across the globe. They are characterized by origin and regional providers. Some of these reputed players in the market are Telit, GE Healthcare, Medtronic plc, Koninklijke Philips N.V., Welch Allyn, Inc., IBM Corporation, Cisco Systems, Inc., Siemens AG, Boston Scientific Corporation, Biotronik, Johnson & Johnson Services, Inc., KORE Wireless, Agamatrix, Sciencesoft, and STANLEY Healthcare among others.

Segmentation:

The segment analysis of the Internet of Medical Things (IoMT) Market is done by Component, Product Type, Application, and Connectivity Technology.

The component based segments of the internet of medical things are systems and software, medical devices, and services. The medical devices segments are implanted medical devices, stationary medical devices, wearable, and external medical devices among others. The systems and software segments are data analytics, remote device management, application security, network bandwidth management, and network security among others. The services segments are consulting, support and maintenance, and deployment and integration among others. The wearable external medical devices segment can thrive at the highest CAGR through the forecast as there is a hike in the per-capita income of people in developing countries, along with the rise in need for  ease-of-use, operation medical devices.

The Product Type, the internet of medical things market segments are implantable cardiac devices, vital signs monitoring devices, imaging systems, anesthetic machines, respiratory devices, and ventilators among others.

The Application based, internet of medical things market segments are clinical operations, workflow management, telemedicine, inpatient monitoring, connected imaging, and medication management among others. The telemedicine segments are remote patient monitoring, interactive medicine, and store-and-forward telemedicine among others.

The Connectivity Technology based segments of the internet of medical things market are near field communication, ZigBee, Wi-Fi, Bluetooth low energy, and others.

Regional Analysis

COVID-19 impact on the Internet of Medical Things (IoMT) market across powerful economies, such as Asia-Pacific, North America, and Europe is studied. In addition, influence of COVID-19 pandemic on MEA and South America is elaborated vividly.

The rise of the internet of medical things at a high pace in North America is likely due to the growing need for sorted medical information as the populace of patients expands. In Europe, the rise of the internet of medical things can rise in the review period due to high investment made in research and development for the enhancement of medical solutions. The presence of effective medical expertise and especially in the time of crisis dawned by COVID-19 pandemic are likely to bolster the rise of the regional market through the review period. In APAC, factors,  such as rise in smartphone users, penetration of 4G technology, and increase in need to resolve hike in healthcare costs across the region can impel the expansion of the internet of medical things market in APAC. In addition, the expansion of Asia Pacific internet of medical things can be attributed to the rise in government initiatives to promote eHealth. In addition, the surge in demand for quality healthcare services and products can improve the expansion of the regional market in years to come.

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Accountable Care Solutions Market  to Witness an Outstanding Growth by 2024

The term accountable care organizations (ACO) represents modification in reimbursement from process based fee for service to fee for quality, disease and condition based repayment with capitated payments to health care delivery organizations on a per case and per capita basis. In order to be commercially operative as an accountable care organization, it needs to determine whether it is delivering an advanced quality of health care and upgraded proficiency. Accountable care solutions help aggregate disparate electronic health record (EHR) data, although permitting providers to use their present systems and workflows. The financiers establish an outline whereby provider groups agree to care for a population of patients with the aim of reaching or exceeding prearranged cost and quality standards. Integrating distinct sources of information to build a single organized accountable care solution is hard, but organizations have made significant investments in these software to help and make it easy for experts to swiftly incorporate accountable care solutions software.

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Accountable Care Solutions Market: Dynamics

There is growing importance in the possibility for accountable health care to contain costs while promising patient-centered affordable care. Growing need to abide by regulatory guidelines, high return on investment, government initiatives for eHealth, and the need to restrain increasing health care costs are some of the key factors driving the market. However, hesitancy among end-users to adopt new procedures and lack of in-house IT familiarity are factors likely to hamper the growth of the market. Additionally, reluctance among providers to adopt to these solutions, requirement of infrastructural investments, inadequate patient engagement, low usage of Internet solutions, lack of interoperability, and data security concerns related to cloud-based solutions are other factors restraining the market.

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Accountable Care Solutions Market Segmentation:

Based on component, the market can be segmented into hardware, software, and services. In terms of deployment, the market can be segmented into on-premise, cloud-based, and web-based solutions. Based on end-user, the market can be segmented into health care payers and health care providers.

The ability to rapidly access computing and storage resources when needed without the need for a large technical staff is an important factor encouraging the uptake of accountable care solutions. Gradually, health care is molded and critically compressed by software and information technology that surrounds and supports the industry.

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Accountable Care Solutions Market: Region-wise Outlook

Geographically, the market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America holds major share of the global market, followed by Europe and Asia Pacific. However, Latin America and Asia Pacific hold lucrative growth potential in the market due to rising prevalence of various disorders, extensive customer base, rising medical tourism, increasing government initiatives for eHealth, growing demand for quality health care, and large base of aging population in the region. Most of the accountable care solutions products and services in these regions are driven by developing countries such as Singapore, China, India, Mexico, Brazil, and South Korea.

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Key Players

Key players operating in the market are Aetna, Inc., Allscripts Healthcare Solutions, Cerner Corporation, eClinicalWorks, Inc., Epic Systems Corporation, IBM Corporation, McKesson Corporation, NextGen Healthcare, Optum, Inc., UnitedHealth Group, Inc., Verisk Health, and Zeomega, Inc. The companies in this market are adopting various strategies such as partnerships, collaboration, mergers and acquisitions, expansion, product enhancements and product deployment to proliferate their share and create a strong position in the global market.

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High Acuity Information Systems Market to Observe Strong Development by 2024

The need for accurate information systems arises primarily from the increasing number of critical patients, since they can deliver information about the various medical parameters of patients accurately. High acuity information system is engaged in maintaining electronic patient records (EPR) coupled with computerized physician order entry (CPOE). In addition, it also guides surgeons while operating the patients. EPR and CPOE, if done manually, require huge efforts along incurring additional time and prone to errors hampering the data authenticity about the patient. This problem may be overcome by installing high acuity information systems in medical institutes.

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High acuity information systems are usually utilized in intensive care units (ICU), operating rooms (OR), emergency departments (ED) and other critical and complex care units. Other high acuity information systems include surgical information systems (SIS), perinatal information systems (PIS) and critical care information systems (CCIS). Operating room and intensive unit information systems are expected to grow at a high rate owing to increase in patient number in ICU and OR. High acuity information systems market is expected to grow at a significant CAGR due to their ability to maintain huge healthcare records precisely. Moreover, technological advancements, and increase in number of hospitals and beds in hospitals worldwide will also support the market growth. However, introduction of mobility, data analytics and decision support systems are certain challenges which may hamper the market growth of high acuity information systems.

The high acuity information systems market has been segmented by product, by services, by end-user and by geography. In terms of product, the high acuity information system has been categorized into clinical information system, intensive care unit information system (ICUIS), anesthesia information system (AIMS), patient monitoring information system, surgical information system, emergency department information system (EDIS), perinatal information system, integrated information system and others.

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Operating rooms (OR) and intensive care units (ICU) are complex and busy environments that are constantly evolving. Hence, high acuity information system in these settings would play a major part in an effective decision making and management of efficient use of staff, materials, drugs and critical resources. Based on services, the market has been segmented into implementation services, IT maintenance and repair services and training and other services. The end-users for the market include hospitals, nursing homes and rehabilitation centers and other acuity areas. The high acuity system provider’s offer specialized programs to the end-users assisting in management of health plans by offering solutions to increasing costs of complexities in various treatments.

Geographically, North America was observed to be the largest high acuity information systems market due to extensive technological advancements in the region. Countries such as the U.S. and Canada have been successful in implementing eHealth and mHealth in their healthcare system, which as a result would boost the market growth. Moreover, presence of developed IT and healthcare infrastructure, promising government initiatives in executing high acuity information system in the current healthcare infrastructure and constantly improving reimbursement scenario would further propel the market growth. Europe was observed to be the second largest market in the high acuity information system owing to enhanced digitization of the healthcare processes and implementation of telehealth in the region.

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The major factor that would drive the market in Asia Pacific include the acceptance and demand for high end medical infrastructure in the region. China, Japan and India are the most developing countries in the region and hence would fuel the market growth for high acuity information system. South American countries such as Brazil and Mexico are the regions that have significant potential for growth due to evolving medical structure, and high disposable income.

The major players operating in this market include All Scripts Healthcare Solutions, Inc., Picis Clinical Solutions, Inc., Optum, Inc., Computer Sciences Corporation, CompuGroup Medical, Affiliated Computer Services Inc., iSOFT Group Limited, Cerner Corporation and Siemens Healthcare, McKesson Corporation among other significant players worldwide.

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Prescribed Health apps Market Insights, Share and Emerging Trends Till 2027

Prescribed Health Apps Market Global Trends By Operating System (Windows, Androids, iPhones) By Devices (Diabetes management device, multi-parameter tracker, cardiac monitoring device) and End User Analysis By New Technology, and Industry Forecast to 2024.

The growth of mobile apps was 38.1% whereas medical apps growth was 49.1%. The Prescribed health apps market size is expected to grow annually at the rate of about 47.6% CAGR.

Prescribed health apps are software applications designed to provide health services over mobile devices. They assist patients by managing their medical condition in real-time and gaining advice from medical professionals via the mobile phone. As per the data provided by NCBI, around 68% of the US population owns a prescribed health app in their smartphone. Such proliferated use of health-based apps is giving momentum to the growth in the prescribed health apps market during the forecast period with a lack of awareness of health apps and hesitation in the adoption of the same is likely to hinder the ascension of the prescribed health apps market.

The prescribed health apps market segmented by type, device, application, and end-user.

By type: Windows, Android, iPhone, and others.

By device: multi-parameter tracker, cardiac monitoring device, diabetes management device, and others.

By application: lifestyle management, disease management, fitness, nutrition, and diet, medication adherence, and others.

By end-user: home care, specialty centers, hospitals, sand others.

Traditional players are developing healthcare applications to digitize their offerings and gain a larger consumer base.

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AirStrip Technologies, Sanofi, LifeWatch AG, Cerner Corporation, iHealth Lab, BioTelemetry Inc., Apple, Inc., and others are some of the major players in the prescribed health apps market.

LIST OF TABLES

Table 1 Global Prescribed Health Apps Market Synopsis, 2018–2023

Table 2 Global Prescribed Health Apps Market Estimates And Forecast, 2018–2023 (USD Million)

Table 3 Global Prescribed Health Apps Market, By Region, 2018–2023 (USD Million)

Table 4 Global Prescribed Health Apps Market, By Technique, 2018–2023 (USD Million)

Table 7 Global Prescribed Health Apps Market, By End-Users, 2018–2023 (USD Million)

Table 8 North America: Prescribed Health Apps Market, By Technique, 2018–2023 (USD

Million)

…To be Continued.

Prescribed Health apps Market Regional Information:

Asia Pacific (APAC), the Americas, the Middle East & Africa (MEA), and Europe.

North America

Globally, North America region is leading market for Health apps. North America dominates the domain of healthcare information technology i.e. eHealth or digital health. The technology growth in electronic health to smartphones apps in medical field has increased the market opportunity for personal healthcare apps. Furthermore, the time taken to development and upgrade the applications have more reasons to ensure that the designed phase to optimized.

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Europe

Europe region is also showing high growth in Health apps. European countries like Germany and UK are countries that are more into Health apps. Europe has played an important role in development of healthcare apps. The European commission has launched a public consultation on mobile health on Green paper, where users using health apps can comment on the barriers and issues related to the use of health apps. These are the few factors that help in increasing the growth of health apps in Europe.

Presence of advanced telecommunication networks and a plethora of platforms for professionals to offer their expertise to patients can bolster the global prescribed health apps market demand in the coming years. The use of mobile applications by healthcare consumers is a positive indicator of the potential of the market. Seed funding and rising interest by venture capital firms can boost the market demand. In 2019, Xealth, a U.S. company gained funding from Philips, Novartis, ResMed, and McKesson Ventures.

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Accountable Care Solutions Market: Growth, Trends and Demands Research Report and Forecast 2024

The term accountable care organizations (ACO) represents modification in reimbursement from process based fee for service to fee for quality, disease and condition based repayment with capitated payments to health care delivery organizations on a per case and per capita basis. In order to be commercially operative as an accountable care organization, it needs to determine whether it is delivering an advanced quality of health care and upgraded proficiency. Accountable care solutions help aggregate disparate electronic health record (EHR) data, although permitting providers to use their present systems and workflows. The financiers establish an outline whereby provider groups agree to care for a population of patients with the aim of reaching or exceeding prearranged cost and quality standards. Integrating distinct sources of information to build a single organized accountable care solution is hard, but organizations have made significant investments in these software to help and make it easy for experts to swiftly incorporate accountable care solutions software.

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Accountable Care Solutions Market: Dynamics

There is growing importance in the possibility for accountable health care to contain costs while promising patient-centered affordable care. Growing need to abide by regulatory guidelines, high return on investment, government initiatives for eHealth, and the need to restrain increasing health care costs are some of the key factors driving the market. However, hesitancy among end-users to adopt new procedures and lack of in-house IT familiarity are factors likely to hamper the growth of the market. Additionally, reluctance among providers to adopt to these solutions, requirement of infrastructural investments, inadequate patient engagement, low usage of Internet solutions, lack of interoperability, and data security concerns related to cloud-based solutions are other factors restraining the market.

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Accountable Care Solutions Market Segmentation:

Based on component, the market can be segmented into hardware, software, and services. In terms of deployment, the market can be segmented into on-premise, cloud-based, and web-based solutions. Based on end-user, the market can be segmented into health care payers and health care providers.

The ability to rapidly access computing and storage resources when needed without the need for a large technical staff is an important factor encouraging the uptake of accountable care solutions. Gradually, health care is molded and critically compressed by software and information technology that surrounds and supports the industry.

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