The Europe eHealth market is forecasted to be worth USD 5287 million in 2024 and USD 17262.84 million by 2032, growing at a CAGR of 15.94% from 2024 to 2032.
eHealth has various definitions, but it can be broadly characterized as information technology and electronic communication in the healthcare industry to simplify, be accessible, and be affordable. eHealth reduces administrative costs connected with treatment and technical developments from clinical data transmission to EHR.
In recent times, Europe has seen a spike in the number of people suffering from diabetes and blood pressure. These people have to closely check their health to control and prevent any situations that may put them in significant health difficulty. In Europe, Germany has the highest number of diabetes cases, with nearly 17% of people who have diabetes in 2023. These people use wearable medical devices that track their health-related problems, such as regularly monitoring their sugar levels and blood pressure. Using eHealth, the healthcare data can be sent to the healthcare providers who stay far away online and get appropriate suggestions to control the situations.
The awareness around eHealth is significantly growing across the European region, and the adoption rate of eHealth is also increasing in Europe; these factors are expected to accelerate the market's growth rate during the forecast period. Furthermore, most people in rural areas and those who cannot go to hospitals due to transportation issues are now seeking online treatment for their healthcare needs. eHealth apps gather the information of the patient data in one place in a health-related portal or any other health website to give easy access to the information to give good treatment to the patients. In addition, the increased use of mobile technology and internet access drives the European eHealth market ahead. The growing aging population across the European region favors the European eHealth market. The aging population requires regular access to hospitals to check their health condition. For these people, eHealth is very useful for sending videos, images, or messages to the healthcare provider about their condition through the internet and taking the correct treatment without depending on some other person who takes them to the hospital.
Thanks to information and communication technology (ICT) in healthcare, everyone can access proper healthcare facilities. However, for ICT to be fully utilized, infrastructure support in improved internet connections and electronic systems is required. eHealth solutions can provide cost-effective healthcare services, research, public health, and health-related activities, owing to the rise in chronic disease cases and technical advancements in this field. Practical use and improvement in ICT, an ever-increasing number of mobile and internet users, and miniaturization are further propelling the eHealth market in Europe. Information and communication technologies (ICT) have limitless potential, particularly in healthcare. eHealth solutions are in high demand around the region due to expanding demand for population health management and decreasing healthcare costs. In the coming years, technological advancements and subsequent advances that have given rise to several sub-sectors of this industry, such as mobile health, are expected to benefit the global eHealth market's growth.
However, factors limiting the eHealth market's growth in Europe include fraudulent activities, usability issues, and privacy and security concerns. The lack of knowledge of existing services among patients and customers is one of the most significant challenges facing the European eHealth market. In addition, data security is the central issue that restraints market growth. Most of the apps collect data and send it to the respected healthcare provider for patient treatment online. The theft of this data is a significant issue in adopting eHealth technology.
Geographically, the European eHealth market is projected to witness a substantial share of the global market during the forecast period owing to the availability of advanced technologies and several major market participants. As a result, Europe is anticipated to rank second in the global eHealth market among all the regions over the forecast period. The Countries such as Germany, the United Kingdom, France, Italy, and Spain contribute significantly to the European eHealth market. In addition, the major players in the region are implementing various strategies to gain a market advantage, such as partnerships, mergers, and acquisitions. The European Parliament, the Council of the European Union, and the European Commission, for instance, collectively introduced the General Data Protection Regulation (GDPR) (Regulation (EU) 2016/679) to strengthen and unify data protection for all individuals inside the European Union (EU). This regulation has accelerated the use of interoperability technologies for ensuring data portability in healthcare settings.
This Commission provides support for the implementation of eHealth solutions and services. This also helps to reduce the cost of the treatment, making eHealth user-friendly and widely accepted by involving professionals and patients in strategy and improving citizens' health by making life-saving information. Advancement in technology, increasing funding on and approvals of the software used for eHealth. This Commission also tried to improve the healthcare system by supporting digital health in the next few years. The UK eHealth Market is anticipated to grow at a CAGR of 8.11% from 2024 to 2032 and contributes a large share of the eHealth market to Europe due to the growing implementation of innovative technologies throughout the predicted period in the healthcare infrastructure and infrastructure in the country. According to the Pharmaceutical Services Negotiating Committee, in 2018, nearly 26 million people in England had at least one long-term disease. In addition, long-term conditions accounted for 64 percent of all hospital outpatient appointments, 50 percent of all General Practitioner (GP) appointments, and 70 percent of inpatient bed days in 2018, according to NHS England data. Furthermore, the increased demand for specialized health counselling encourages digital health adoption, particularly in rural regions.
The shortage of medical professionals in Germany is propelling the eHealth market in this region. Due to the recent COVID-19 pandemic, many healthcare workers have died due to the virus, resulting in a shortage of healthcare workers in Germany, which increases the healthcare cost for patients, which they feel is difficult to spend. Furthermore, the rising incidence of non-communicable diseases and the growing geriatric population will demand additional health workers for the next ten years. To reduce this burden for the patients, the demand for eHealth is increased in this region, which reduces the gap between the healthcare provider and the patient.
On the other hand, the robust healthcare sectors of Italy and France provide a stable framework for expanding the eHealth market in their respective nations. Furthermore, apart from the major European countries, Switzerland, the Netherlands, Denmark, Norway, Ireland, Hungary, and Belgium are other European countries contributing significantly to the eHealth market's growth.
Companies playing a notable role in the Europe 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.
Related Reports
Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2000
Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM
Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!
Call us on: +1 888 702 9696 (U.S Toll Free)
Write to us: [email protected]
Reports By Region