Top 10 eHealth Companies | A Growth of Tech-Health
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Table of Contents
EHealth Market Overview
The eHealth sector, an integral part of healthcare, utilizes digital technologies to enhance healthcare services. It has grown due to factors like the adoption of electronic health records, the expansion of telehealth services, and the use of data analytics in healthcare.
Wearable technology and regulatory measures also contribute to its growth. This industry attracts investments and fosters innovation, making it a promising field with ample opportunities for stakeholders.
Market Drivers
The eHealth sector is globally thriving, propelled by several key factors. The widespread use of electronic health records and telehealth services enhances patient care and accessibility.
Furthermore, the application of data analytics and artificial intelligence in healthcare improves decision-making and tailored treatments.
The integration of wearable tech, regulatory compliance, and significant investments in emerging eHealth firms all fuel industry growth. In essence, these factors are powering the global eHealth market’s expansion.
Market Size
The eHealth market is projected to reach approximately USD 393.6 billion by 2032, up from USD 97.4 billion in 2022, with a forecasted annual growth rate of 15.4% between 2023 and 2032.
List of Major Companies
These are the top ten companies operating in the eHealth Market:
- GE-Healthcare
- Siemens-Healthineers
- Teladoc-Health
- McKesson
- Epic-Systems
- Boston-Scientific
- Athenahealth
- Allscripts-Healthcare-Solutions
- Medisafe-International
- Doximity
GE-Healthcare
Company Overview
| Establishment Year | 1994 |
| Headquarter | Chicago, Illinois, U.S. |
| Key Management | Peter Arduini (CEO) |
| Revenue (US$ Bn) | $ 18.3 Billion (2022) |
| Headcount | ~ 50,000 (2022) |
| Website | http://gehealthcare.com/ |
About GE Healthcare Technologies
GE Healthcare Technologies, a subsidiary of General Electric, is a key player in healthcare. They specialize in medical imaging, digital health solutions, patient monitoring, data analytics, and telemedicine.
In eHealth, they digitize patient records, facilitate remote monitoring, and improve healthcare decisions with AI. As a healthcare leader, they play a pivotal role in advancing global eHealth services.
Geographical Presence
GE Healthcare Technologies, Inc. has a widespread geographical presence, with operations and offices in numerous countries across the globe.
The company’s reach extends to North America, Europe, Asia-Pacific, the Middle East, and Latin America. They have a strong presence in major healthcare markets, including the United States, Canada, the United Kingdom, Germany, China, India, and Brazil, among others.
Recent Developments
- In December 2023, GE Healthcare and AirStrip joined forces, with GE Healthcare now exclusively distributing AirStrip’s Patient Monitoring and Cardiology solutions in the United States. This collaboration enables healthcare systems to collectively access data visualization technology.
- In November 2023, GE Healthcare reached a significant industry milestone by obtaining the first-ever FDA 510K clearance for Critical Care Suite 2.1. This suite features a Pneumothorax (PTX) algorithm that boosts on-device triage capabilities. It provides immediate PTX detection notifications and an overlay display on both the device and PACS to aid in PTX localization.
Siemens-Healthineers
Company Overview
| Establishment Year | 2017 |
| Headquarter | Erlangen, Germany |
| Key Management | Robert Willett (President and CEO) |
| Revenue (US$ Bn) | $ 23.6 B (2022) |
| Headcount | ~ 69,500 (2022) |
| Website | https://siemens-healthineers.com/ |
About Siemens
Siemens AG, a global conglomerate, actively participates in the eHealth sector, offering various solutions to enhance healthcare delivery and patient outcomes. This includes advanced medical imaging equipment, laboratory diagnostics, healthcare information technology, telehealth and remote monitoring tools, and data analytics capabilities.
Siemens AG’s contributions align with eHealth objectives, promoting the digitization of patient records, remote healthcare access, and data-driven decision-making. Their involvement significantly influences the growth of eHealth practices and services worldwide.
Geographical Presence
Siemens AG has a substantial global presence with operations in various countries across the world. The company has a strong footprint in regions such as North America, Europe, Asia-Pacific, the Middle East, and Latin America.
Siemens AG’s wide-ranging geographical presence includes significant offices and facilities in major markets such as the United States, Germany, China, India, and Brazil, among others.
Recent Developments
- In December 2023, OU Health and Siemens Healthineers joined in a 10-year strategic partnership to provide state-of-the-art diagnostic and therapeutic equipment to the people of Oklahoma.
- In November 2023, Siemens Healthineers introduced a compact solution, the 1, for automating urine sediment analysis in labs. This system utilizes full-field digital imaging to closely mimic manual microscopy, enabling lab professionals to swiftly and precisely review and report urine sediment findings. It replaces the need for traditional manual microscopy with an automated digital process.
Teladoc-Health
Company Overview
| Establishment Year | 2002 |
| Headquarter | Purchase, New York, U.S. |
| Key Management | Jason Gorevic (CEO) |
| Revenue (US$ Bn) | $ 2.4 Billion (2022) |
| Headcount | ~ 5,000 (2023) |
| Website | http://teladochealth.com/ |
About Teladoc Health
Teladoc Health, Inc. is a leading eHealth company that specializes in telehealth services. They provide virtual medical consultations, digital health platforms, and remote monitoring, making healthcare more accessible and convenient.
Teladoc Health also offers mental health support, second opinion services, and pharmacy services. With a global presence, they contribute to the advancement of eHealth on a worldwide scale, addressing the evolving healthcare landscape.
Geographical Presence
Teladoc Health, Inc. has a widespread geographical presence, offering its eHealth services across various regions. The company operates in North America, Europe, Asia-Pacific, and other global markets.
Recent Development
- In October 2023, Teladoc Health partnered with Sword Health, allowing Teladoc clients to access Sword Health’s pain treatment platform, including digital physical therapy and pelvic health care. This collaboration expands the range of virtual care services available to Teladoc Health clients, simplifying the process for their employees by providing a single point of access and management.
- In April 2023, Teladoc Health broadened its Provider-Based Care to include weight management and prediabetes programs.
McKesson
Company Overview
| Establishment Year | 1833 |
| Headquarter | Irving, Texas, United States |
| Key Management | Brian S. Tyler (CEO) |
| Revenue (US$ Bn) | $276.7 Billion (2022) |
| Headcount | ~ 51,000 (2023) |
| Website | http://mckesson.com/ |
About McKesson Corporation
McKesson Corporation is a major player in eHealth, offering a wide range of healthcare solutions. They provide pharmaceutical distribution, healthcare information technology, and telehealth services, enabling remote patient care.
Additionally, McKesson excels in data analytics, helping healthcare organizations make informed decisions, and ensuring the efficient management of medical supplies through supply chain solutions. Their contributions play a significant role in advancing eHealth practices and services worldwide.
Geographical Presence
McKesson Corporation has a vast geographical presence, with operations spanning multiple countries across the globe. The company’s footprint extends to North America, Europe, Asia-Pacific, and other regions.
Recent Developments
- In August 2023, McKesson and Genpact expanded their partnership to enhance efficiency in McKesson’s finance operations through automation and AI solutions.
- In June 2023, McKesson introduced Foster & Thrive, a private brand featuring a range of OTC health products. This launch combines their private brand lineup, including Sunmark and Health Mart, to meet growing demand and changing patient needs more efficiently.
Epic-Systems
Company Overview
| Establishment Year | 1979 |
| Headquarter | Verona, Wisconsin, United States |
| Key Management | Judith Faulkner (Founder & CEO) |
| Revenue (US$ Bn) | $2.9 B (2018) |
| Headcount | ~ 13,000 (2023) |
| Website | http://epic.com/ |
About Epic Systems Corporation
Epic Systems Corporation excels in electronic health record (EHR) systems and healthcare software, prioritizing interoperability for seamless provider data sharing.
They integrate telehealth, population health management, and data analytics, supporting virtual care, community health, and data-driven healthcare. Patient portals and mobile apps boost patient engagement, making Epic a key player in healthcare’s digital evolution, improving care.
Geographical Presence
Epic Systems Corporation has a significant global presence, serving healthcare organizations in various regions worldwide.
While the company is headquartered in Verona, Wisconsin, in the United States, its EHR systems and healthcare software solutions are used by healthcare providers and institutions across North America, Europe, Asia-Pacific, the Middle East, and other regions.
Recent Developments
- In December 2023, Epic Nexus, an Epic subsidiary, earned the distinction of being one of the initial organizations to attain the Qualified Health Information Network (QHIN) status. This achievement enables healthcare providers using Epic’s platform, including prominent health systems, to securely share information through the Trusted Exchange Framework and Common Agreement (TEFCA). TEFCA is a national health exchange framework aimed at enhancing patient care and advancing interoperability across the United States.
- In July 2023, Nuance Communications, Inc. and Epic partnered to offer the Nuance Dragon Ambient eXperience Express (DAX Express) solution to the Epic community. This integration of DAX Express into Epic’s workflows will serve as a valuable tool for Dragon Medical users, helping them reduce administrative burdens, improve patient access to care, and enhance healthcare outcomes through automated clinical documentation.
Boston-Scientific
Company Overview
| Establishment Year | 1979 |
| Headquarter | Marlborough, Massachusetts, U.S. |
| Key Management | Michael F. Mahoney (Chairman and CEO) |
| Revenue (US$ Bn) | $ 12.6 Billion (2022) |
| Headcount | ~ 51,000 (2022) |
| Website | http://bostonscientific.com/ |
About Boston Scientific Corporation
Boston Scientific Corporation is a significant player in eHealth, specializing in medical devices that advance healthcare technology. Their portfolio includes implantable cardiac devices, minimally invasive surgical equipment, and remote monitoring solutions.
These devices support remote patient monitoring, data connectivity, and telemedicine initiatives. By leveraging data analytics and patient engagement tools, Boston Scientific enhances healthcare outcomes and promotes evidence-based practices. Their contributions play a crucial role in digitizing healthcare and improving patient care in today’s connected healthcare landscape.
Geographical Presence
Boston Scientific Corporation has a global geographical presence, with operations and offices spanning multiple countries and regions around the world. The company’s extensive reach covers North America, Europe, Asia-Pacific, the Middle East, and Latin America.
Recent Developments
- In November 2023, Boston Scientific acquired Relievant Medsystems Inc., which includes Relievant’s FDA-cleared Intracept Intraosseous Nerve Ablation System.
- In September 2023, Boston Scientific acquired Relievant Medsystems, a private medical technology company
Athenahealth
Company Overview
| Establishment Year | 1997 |
| Headquarter | Boston, Massachusetts, U.S |
| Key Management | Bob Segert (Chairman & CEO) |
| Revenue (US$ Bn) | $ 1.2 Billion (2022) |
| Headcount | ~ 6000 (2019) |
| Website | http://athenahealth.com/ |
About Athenahealth
Athenahealth, Inc. is a leading player in eHealth, specializing in healthcare technology and services. They offer practice management solutions, electronic health records (EHR) systems, and revenue cycle management services to healthcare providers. Athenahealth’s platform includes telehealth integration, data analytics, and patient engagement tools, supporting modern healthcare practices.
They emphasize interoperability and population health management to improve community health. Athenahealth’s contributions streamline healthcare operations, digitize patient records, and empower patients in their healthcare journey, advancing eHealth practices.
Geographical Presence
Athenahealth, Inc. has a significant geographical presence, serving healthcare providers and organizations across the United States.
While the company primarily operates in North America, its healthcare technology and services are utilized by medical practices, hospitals, and healthcare institutions in various states and regions across the country.
Recent Developments
- In December 2023, athenahealth, a prominent provider of software and services for medical groups and health systems introduced new capabilities, including traditional and generative AI-driven features, within its solutions.
- In October 2023, athenahealth, Inc. revealed that Bone & Joint, located in Albany, NY, has adopted Athenahealth’s cloud-based suite, which includes integrated electronic health record (EHR), medical billing, and patient engagement solutions.
Allscripts-Healthcare-Solutions
Company Overview
| Establishment Year | 1982 |
| Headquarter | Chicago, Illinois, U.S. |
| Key Management | Rick Poulton (CEO) |
| Revenue (US$ Bn) | $ 1.5 Billion (2020) |
| Headcount | ~ 8400 (2020) |
| Website | http://veradigm.com/ |
About Allscripts Healthcare Solutions
Allscripts Healthcare Solutions, Inc., now known as Veradigm is a key player in eHealth, offering healthcare technology and services. Their offerings include EHR systems, practice management solutions, and population health management tools.
They integrate telehealth, data analytics, and patient engagement features, supporting digital healthcare, data-driven decision-making, and patient-centric care. Their focus on interoperability and medication management aligns with contemporary eHealth practices, enhancing patient results and healthcare efficiency.
Geographical Presence
Allscripts Healthcare Solutions, Inc. has a global geographical presence, serving healthcare organizations and providers in various regions around the world.
While the company is primarily based in the United States, its healthcare technology solutions and services are utilized by medical practices, hospitals, and healthcare institutions across North America, Europe, Asia-Pacific, the Middle East, and other regions.
Recent Development
- In October 2023, FDB and Veradigm announced that Veradigm is the inaugural major electronic health record (EHR) network to be part of the FDB Vela™ ePrescribing network.
- In October 2023, Veradigm Inc. and Holmusk, a prominent global behavioral health real-world evidence company jointly unveiled the next phase of their strategic collaboration.
Medisafe-International
Company Overview
| Establishment Year | 1991 |
| Headquarter | Bishop’s Stortford, UK |
| Key Management | Lawrence Dawson (CEO) |
| Revenue (US$ Bn) | $ 20 Million (2022) |
| Headcount | ~ 30 (2022) |
| Website | http://www.medisafeinternational.com/ |
About Medisafe International
Medisafe International is a key player in eHealth, focusing on healthcare technology and services related to medication management and patient engagement. They provide mobile apps and digital platforms to assist patients in effectively managing their medications, ensuring adherence and safety.
Medisafe also employs data analytics to gain insights into patient behavior and medication adherence. Their solutions seamlessly integrate with telehealth services, enhance patient engagement, and facilitate coordinated care through interoperability.
In essence, Medisafe International plays a crucial role in enhancing patient care and medication management within the digital healthcare realm.
Geographical Presence
Medisafe International has a global geographical presence, serving patients and healthcare providers across various regions worldwide.
While the company is not tied to a specific location, its digital healthcare solutions, including medication management apps and patient engagement platforms, can be accessed and utilized by individuals and healthcare organizations in multiple countries.
Recent Developments
- In June 2023, YourCoach.Health teamed up with Medisafe, allowing Medisafe’s existing and future clients to enhance their patient support initiatives. This partnership enables them to utilize YourCoach’s diverse team of live health coaches from various specialties to improve patient outcomes.
- In January 2023, Medisafe introduced its Software as a Medical Device (SaMD) technology, a significant milestone following its recent ISO 13485:2016 and ISO 27001:2013 certifications for quality management and IT security. These international certifications solidify Medisafe’s leadership in clinical management and patient engagement.
Doximity
Company Overview
| Establishment Year | 2011 |
| Headquarter | San Francisco, California, U.S. |
| Key Management | Jeff Tangney (CEO) |
| Revenue (US$ Bn) | $ 343.5 Million (2022) |
| Headcount | ~ 887 (2022) |
| Website | https://www.doximity.com/ |
About Doximity
Doximity is a significant player in the eHealth sector, specializing in healthcare technology and services that foster communication and collaboration among healthcare professionals. They operate a physician network that connects doctors across specialties, facilitating knowledge sharing and industry updates.
Doximity provides secure messaging tools for confidential patient communication and offers telemedicine services for virtual consultations.
Their platform also delivers medical news and resources, supports physician directory searches, and offers Continuing Medical Education (CME) opportunities. Doximity’s focus on enhancing communication and information sharing aligns with eHealth’s objectives to improve patient care and medical knowledge among healthcare professionals.
Geographical Presence
Doximity’s geographical presence spans across the United States. While the company primarily operates within the U.S., its platform connects healthcare professionals nationwide. Doximity’s network serves doctors and healthcare providers in various states and regions.
Recent Developments
- In November 2023, Doximity, Inc., the primary digital platform for U.S. medical professionals, introduced DocDefender. It’s a free service designed for physicians to locate and remove their contact details from public websites.
- In May 2023, Doximity, Inc. unveiled an integration with MEDITECH, a widely used electronic health record (EHR) system in the U.S. This integration allows healthcare professionals to initiate Doximity Dialer voice or video telehealth visits directly from MEDITECH’s Expanse Now app, streamlining the telehealth experience.
Sources.
Samruddhi Yardi
Samruddhi Yardi has done her MBA in Marketing, and after working in sales for 2.5 years, she has shifted to the market research industry. As Samruddhi is a pharma graduate, she is working in the Healthcare domain as a Research associate. She also contributes to chemical, consumer goods, agriculture, and food & beverages.
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