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eHealth Software and Services Market Analysis | Coherent Market Insights

Read here the market research report on u201ceHealth Software and Services Marketu201d published by CMI team.

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eHealth Software and Services Market Analysis | Coherent Market Insights

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  1. Coherent Market InsightS Market Research and Business Consulting Services https://www.coherentmarketinsights.com/ COVID-19 Impact Tracker

  2. India Catheters Market Analysis(2020 – 2027) • A catheter is a soft hollow tube, which is passed into the bladder to drain urine. Angioplasty, angiography, balloon septostomy, balloon sinuplasty, cardiac electrophysiology testing, and catheter ablation are some of the common procedures that require a catheter. Statistics: • India catheters market is estimated to account for US$ 1,623.7 Mn in terms of value by the end of 2027.

  3. India Catheters Market: Drivers • Increasing prevalence of chronic disorders is expected to propel growth of India catheters market over the forecast period. For instance, the Journal of American College of Cardiology reported a prevalence of 54.6 million for cardiovascular disease in India in a study published in July 2018. • Moreover, increasing geriatric population is also expected to aid in growth of the market. For instance, according to the United Nations April 2019 data, the share of geriatric population in India is expected to increase to nearly 20% in 2050.

  4. s Statistics: • Cardiovascular Catheter held dominant position in India catheters market in 2019, accounting for 46.7% share in terms of value, followed by Specialty Catheters, respectively.

  5. Figure 1: India Catheters Market Share (%) Value, By Type, 2019

  6. India Catheters Market: Restraints • Use of Foley catheter may lead to urinary tract infection (UTI), which is expected to hinder growth of India catheters market. For instance, according to the study, ‘Prevalence of urinary tract infections and current scenario of antibiotic susceptibility pattern of bacteria causing UTI’ conducted at the Microbiology department of a tertiary health care hospital in Mumbai. And published in 2018, the overall prevalence of UTI was 33.54% of which 66.78% were females and 33.22% were from males. • Moreover, The use of conventional peripherally inserted central catheters involves high risk of blood stream infection due to lack of extreme hygiene condition required at the peripherally inserted central catheters insertion point, which reduces its feasibility over a longer period of time. Such scenario is expected to hinder growth of the market growth in India.

  7. India Catheters Market: Opportunities  • R&D in peripherally inserted central catheters is expected to offer lucrative growth opportunities for players in India catheters market. For instance, in August 2019, researchers from NICU, General Hospital “AgiosPanteleimon”, Greece, and Royal Alexandra Children’s Hospital Brighton, U.K., reported that incidence of complications associated with the use of umbilical venous catheters and peripherally inserted central catheters in very low birth weight infants did not significantly differ in the study. • Moreover, increasing adoption of home parenteral nutrition is also expected to aid in growth of the market. Statistics: • India catheters market was valued at US$ 466.5 Mn in 2019 and is forecast to reach a value of US$ 1,623.7 Mn by 2027 at a CAGR of 16.9% between 2020 and 2027.

  8. Figure 2: India Catheters Market Value (US$ Mn), 2016 – 2027

  9. Market Trends/Key Takeaways • Major players in the global eHealth software and services market are focused on adopting partnership strategies to enhance their market share. For instance, in December 2019, Evident, a member of the CPSI (NASDAQ: CPSI) family of companies and a leading provider of electronic health record (EHR) systems and services, and Sunnybrook Health Sciences Center announced that Sunnybrook and CPSI have signed definitive agreements to create a first-of-its-kind, Canadian-made Hospital Information System (HIS) solution. • Major players in the market are also focused on adopting various marketing strategies to enhance their market share. For instance, in December 2019, eRAD, a U.S.-based provider of radiology products and services, presented its EHR-Certified RIS at Radiological Society of North America (RSNA) 2019, held in Chicago (U.S).

  10. Figure 3. Value Chain Analysis

  11. Global eHealth Software and Services Market: Competitive Landscape • Major players operating in the global eHealth software and services market include, McKesson Corporation, eHealth Technologies, GE Healthcare, Johnson and Johnson Healthcare Systems, Inc., Aerotel Medical Systems, Ltd., Siemens AG, Allscripts Healthcare Solutions, Inc., E*HealthLine.Com, Inc., AT&T Inc., RamSoft, Apple, Inc., Fitbit, Sectra, Doctor on Demand, Evident, eRAD, AdvancedMD, and KareXpert Technologies.

  12. Global eHealth Software and Services Market: Key Developments • Major players in the global eHealth software and services market are focused on adopting various marketing strategies to enhance their market share. For instance, in February 2020, RamSoft demonstrated its RamSoft, a cloud-based solution that offers EMR integration and open access to imaging data, at 2020 Healthcare Information and Management Systems Society (HIMSS) meeting. • Major players in the market are also focused on adopting partnership strategies to enhance their market share. For instance, in December 2019, Sectra, a medical imaging IT and cybersecurity company, collaborated with Leica Biosystems developing an integrated clinical pathology solution. The Sectra digital pathology software solution is expected to facilitate integration with leading pathology information systems and EMRs.

  13. Request sample copy here • Request PDF brochure here • Request Customization here • Talk to Analyst • Buy Now • Reference: • https://www.coherentmarketinsights.com/market-insight/india-catheters-market-4086

  14. About Us: • Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. • What we provide: • Customized Market Research Services • Industry Analysis Services • Business Consulting Services • Market Intelligence Services • Long term Engagement Model • Country Specific Analysis

  15. Contact Us: • Mr. Shah • Coherent Market Insights Pvt. Ltd. • Address: 1001 4th ave, #3200 Seattle, WA 98154, U.S. • Phone: +1-206-701-6702 • Email :sales@coherentmarketinsights.com

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