EHEALTH SOFTWARE AND SERVICES MARKET ANALYSIS

Market Challenges And Opportunities

Global eHealth Software and Services Market- Restraints

Cyber-attacks associated with RIS and PACS

Radiology Information System (RIS) and Picture Archiving and Communication System (PACS) are prone to cyber-attacks, which increases concerns regarding data safety in the healthcare sector, which, in turn, is expected to hinder the growth of the global PACS and RIS market over the forecast period. For instance, in August 2020, according to a report published in the National Center for Biotechnology Information, in 2019, several cyber-attacks were published that specifically aim at medical network protocols and file formats, in particular digital imaging and communications in medicine.

Radiology Information System (RIS) and Picture Archiving and Communication System (PACS) are prone to cyber-attacks thus this his can be overcome by implementing guidelines for generic Information Technology (IT) cybersecurity and integrating healthcare enterprise integration profiles and test tools.

Global eHealth Software and Services Market - Regional Analysis

Among regions, North America is estimated to hold a dominant position in the global eHealth software and services market over the forecast period. This is attributed to the increasing inorganic growth strategies, such as partnerships, by market players. For instance, on March 3, 2023, Nextech, a U.S.-based provider of Electronic Medical Records (EHR) and Practice Management (PM) software for specialty practices, announced its integration partnership with DermPRO, a leading provider of managed e-commerce solutions for aesthetic practices in U.S.

• Cyber-attacks associated with RIS and PACS
• High cost of eHealth software

Market Drivers

Increasing prevalence of chronic disorders

The increasing prevalence of chronic diseases, such as cancer, that require the usage of radiological image tracking is expected to drive the market growth over the forecast period, as Radiology Information System (RIS) is used for tracking radiology imaging orders and billing information, and is often used along with Picture Archiving and Communication Systems (PACS) and Vendor Neutral Archives (VNAs) to manage image archives, record-keeping, and billing. For instance, in February 2021, according to a report published by Globocan, a worldwide database of cancer incidence and mortality rates, 19.3 million new cancer cases were reported in 2020 worldwide. Female breast cancer had surpassed lung cancer as the most commonly diagnosed cancer, with an estimated 2.3 million new cases globally in 2020, followed by lung cancer, colorectal, prostate, and stomach cancers.