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North America holds a significant share in the global eHealth industry owing to the rapid adoption of the latest technologies in the United States and Canada. The extensive deployment of electronic health records (EHRs) in various hospitals and speciality clinics in the United States and Canada is propelling the growth of the eHealth industry. Moreover, the introduction of various favourable government initiatives to promote eHealth is significantly contributing to the market growth of eHealth. For instance, the Canadian government announced an investment of $240.5 million to develop, expand, and launch digital platforms to expand capacity to deliver health care virtually while improving access to virtual health supports in May 2020. In addition, increasing research and development (R&D) activities, along with the presence of various leading companies in the region, are leading to the development of advanced eHealth solutions, which is expected to fuel the market growth in the forecast period.
Siemens Healthcare GmbH, one of the leading companies in the market, offered a flexible telemedicine solution for healthcare providers by leveraging its teamplay myCare software in June 2020. With this, the company planned to bring a new and flexible telemedicine solution to enable remote care for patients with chronic diseases. The software allows healthcare professionals to design their telemedicine programs by adapting technology to the patients’ requirements. It can also be used to record the health status of staff to respond quickly to any changes, in case of the resurgence of the COVID-19 outbreak. Moreover, the telemedicine solution provides care to a large number of patients with low use of employee resources while decreasing unscheduled visits to hospitals. The development of such innovative solutions is increasing the use of telemedicine, which is augmenting the market growth.
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The major players in the global eHealth market are General Electric Company, Teladoc Health, Inc., Motion Computing Inc., Epocrates Inc., and Siemens Healthcare GmbH, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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