This report presents a strategic analysis of the Australia eHealth Market and a forecast for its development in the medium and long term. It provides a broad overview of the market dynamics, trends and insights, growth drivers and restraints, segmentation, competitive landscape, healthcare policies and regulatory framework, reimbursement scenario, challenges and future outlook. This is one of the most comprehensive reports about the Australia eHealth Market, offering unmatched value, accuracy and expert insights.
Australia is the world's sixth-largest country, with a land area of around 7.7 million square kilometers. It is, nonetheless, one of the most sparsely populated countries in the world, with a population of only 25.7 million people.
Australia's health system is one of the greatest in the world, providing all Australians with safe and inexpensive health care. It is jointly run by all levels of the Australian government – federal, state and territory, and local. With over 14.2% of the population employed in the health sector, it is the country's largest employment sector. It includes a large private insurance industry as well as Medicare, Australia's national healthcare program.
Digital healthcare is developing globally as a result of IT technology development and the emergence of remote patient monitoring (RPM) solutions. RPM has developed into a useful tool for enhancing clinical assessment and decision-making while lowering the likelihood of hospitalization. With the prevalence of cancer, diabetes, and cardiovascular diseases rising, RPM service use is also anticipated to rise. Additionally, as the aging population grows, more of them are choosing independent, healthy lifestyles, which will probably increase the adoption of RPM solutions.
E-health refers to the use of information and communication technology (ICT) for healthcare. Electronic health records, telemedicine, and medical apps have all made substantial use of ICT. The ability to electronically store patient, staff and financial information about hospitals is made possible by e-health. As a result, there has been a change in how healthcare data is stored. The medical staff initially entered the information by hand. On the other hand, entering a single unique identification number makes all patient data quickly available. E-health has a variety of benefits over conventional clinical data management methods, such as the removal of manual records and the facilitation of easy access to patient data.
The APAC eHealth market is estimated to be valued at US$ 40.3 Bn in 2021 and is expected to exhibit a CAGR of 26.5 % over the forecast period (2021-2030).
Market Growth Drivers Analysis
Digital health services in the various domain of the healthcare sector, acting as a high-impact rendering driver for the growth of this industry. Increasing awareness among people about eHealth and rising acceptance levels among healthcare professionals, coupled with evidence of the efficiency of using this technology is anticipated to result in substantial growth for this industry.
Market Restraints
The lack of supporting infrastructure in developing regions with the high cost of health IT tools is expected to restrain the growth of this industry.
Key Players
Major players in eHealth Market are Motion Computing Inc.; Epocrates Inc.; Telecare Corporation; Medisafe; SetPoint Medical; IBM; Doximity; Lift Labs; Apple
1. Executive Summary
1.1 Digital Health Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Digital Health Policy in Country
1.6 Recent Developments in the Country
2. Market Size and Forecasting
2.1 Market Size (With Excel and Methodology)
2.2 Market Segmentation (Check all Segments in Segmentation Section)
3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints
4. Competitive Landscape
4.1 Major Market Share
4.2 Key Company Profile (Check all Companies in the Summary Section)
4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)
5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment
6. Methodology and Scope
Product (Revenue, USD Billion):
This substantial growth in eHealth can be attributed to transforming consumer preferences on account of increasing consumption and demand for data services coupled with the rapidly growing penetration of smartphones. In addition, 3G and 4G enabled services such as high-speed data transfer and video calling to assists in fast healthcare delivery.
Service (Revenue, USD Billion):
Growing demand for self-monitoring devices that automatically monitors various physical activities and vital signs and generates a database, is expected to propel the growth of this segment.
End-use (Revenue, USD Billion):
eHealth Market offers great convenience to healthcare professionals in terms of patient workflow and data management. This is expected to contribute to the growth of the segment in the forthcoming years.
Methodology for Database Creation
Our database offers a comprehensive list of healthcare centers, meticulously curated to provide detailed information on a wide range of specialties and services. It includes top-tier hospitals, clinics, and diagnostic facilities across 30 countries and 24 specialties, ensuring users can find the healthcare services they need.
Additionally, we provide a comprehensive list of Key Opinion Leaders (KOLs) based on your requirements. Our curated list captures various crucial aspects of the KOLs, offering more than just general information. Whether you're looking to boost brand awareness, drive engagement, or launch a new product, our extensive list of KOLs ensures you have the right experts by your side. Covering 30 countries and 36 specialties, our database guarantees access to the best KOLs in the healthcare industry, supporting strategic decisions and enhancing your initiatives.
How Do We Get It?
Our database is created and maintained through a combination of secondary and primary research methodologies.
1. Secondary Research
With many years of experience in the healthcare field, we have our own rich proprietary data from various past projects. This historical data serves as the foundation for our database. Our continuous process of gathering data involves:
With extensive experience in the field, we have developed a proprietary GenAI-based technology that is uniquely tailored to our organization. This advanced technology enables us to scan a wide array of relevant information sources across the internet. Our data-gathering process includes:
2. Primary Research
To complement and validate our secondary data, we engage in primary research through local tie-ups and partnerships. This process involves:
Combining Secondary and Primary Research
By integrating both secondary and primary research methodologies, we ensure that our database is comprehensive, accurate, and up-to-date. The combined process involves:
Through this meticulous process, we create a final database tailored to each region and domain within the healthcare industry. This approach ensures that our clients receive reliable and relevant data, empowering them to make informed decisions and drive innovation in their respective fields.
We value your inquiry and offer free customization with every report to fulfil your exact research needs.