With extensive expertise in healthcare digitalization and the payment sectors, coupled with robust partnerships in these areas, SHC+CARE now provides holistic solutions for healthcare stakeholders. This enhances the efficiency of daily operations for healthcare professionals and related entities. Embodying the philosophy "eHealth meets Payment", SHC+CARE merges two crucial sectors, presenting innovative solutions that enhance quality and security.
Growth market eHealth
The eHealth market is poised for substantial growth. In Germany, for instance, revenues are projected to exceed 2 billion euros in 2023, with an anticipated annual growth rate of 8.83% through 2027[1], as per Statista. On a global scale, the digital health market's revenues could reach EUR 68.77 billion in 2023, growing at a rate of 11.16% by 2027[2]. The primary segments driving this growth, in order of potential, are eHealth apps, eHealth devices, online pharmacies, and online medical consultations. Beyond revenue prospects, McKinsey predicts that the digital transformation of Germany's healthcare system could yield annual savings of approximately 42 billion euros, equating to about 12% of the country's yearly healthcare and provision expenses[3].
The role of the telematics infrastructure (TI) in the digitization of the healthcare system
Digitization is profoundly impacting the healthcare market, arguably more than many other sectors. Patients are experiencing enhanced treatment quality due to technological advancements, while healthcare professionals enjoy streamlined workflows and decreased administrative tasks. The telematics infrastructure emerges as the linchpin for cutting-edge healthcare, with a clear goal of shaping a future-forward digital health system.
"eHealth meets Payment": SHC+CARE connects two major markets
SHC+CARE, a trusted service provider for electronic institutional cards (SMC-B) and electronic health professional cards (eHBA), has consistently played a pivotal role in deploying telematics infrastructure. Bolstered by robust collaborations with key TI product and service providers, SHC+CARE possesses the expertise and solutions to equip clinics, hospitals, and other healthcare entities for the digital age. Another arm of the SHC Group has a deep-rooted history with payment solutions. Through its online platform, SHC+CARE introduces innovative products and services that not only enhance the rollout of the telematics infrastructure but also encompass ePayment segments. This portfolio will continually evolve to address the unique needs of the healthcare landscape.
About SHC Group
Founded in 2007, SHC Group is a global forerunner in the realms of digital payments and digital health, originally starting as a consultancy. In the digital payment landscape, we assist service providers, merchants, startups, and banks, delivering pioneering products, strategies, and services throughout the Digital Payment value chain.
Within Germany's digital health domain, SHC Group stands out as one of only four nationwide issuers of health professional cards and institutional cards. Moreover, we have pioneered a card management system tailored for the Digital Health card terminal's Security Module Card (gSMC-KT).
The strength of SHC Group lies in its team of over 50 dedicated professionals and a vast international network of independent specialists, many boasting significant industry leadership experience.
Gender note:
For better readability, we often use generic masculine for personal names and personal nouns in press releases. Corresponding terms generally apply to all genders. The abbreviated form of language does not imply any valuation.
[1] https://de.statista.com/...
[2] https://de.statista.com/...:~:text=Der%20Umsatz%20im%20Segment%20eHealth,(CAGR%202023%2D2027).
[3] https://www.deutsche-apotheker-zeitung.de/...
Growth market eHealth
The eHealth market is poised for substantial growth. In Germany, for instance, revenues are projected to exceed 2 billion euros in 2023, with an anticipated annual growth rate of 8.83% through 2027[1], as per Statista. On a global scale, the digital health market's revenues could reach EUR 68.77 billion in 2023, growing at a rate of 11.16% by 2027[2]. The primary segments driving this growth, in order of potential, are eHealth apps, eHealth devices, online pharmacies, and online medical consultations. Beyond revenue prospects, McKinsey predicts that the digital transformation of Germany's healthcare system could yield annual savings of approximately 42 billion euros, equating to about 12% of the country's yearly healthcare and provision expenses[3].
The role of the telematics infrastructure (TI) in the digitization of the healthcare system
Digitization is profoundly impacting the healthcare market, arguably more than many other sectors. Patients are experiencing enhanced treatment quality due to technological advancements, while healthcare professionals enjoy streamlined workflows and decreased administrative tasks. The telematics infrastructure emerges as the linchpin for cutting-edge healthcare, with a clear goal of shaping a future-forward digital health system.
"eHealth meets Payment": SHC+CARE connects two major markets
SHC+CARE, a trusted service provider for electronic institutional cards (SMC-B) and electronic health professional cards (eHBA), has consistently played a pivotal role in deploying telematics infrastructure. Bolstered by robust collaborations with key TI product and service providers, SHC+CARE possesses the expertise and solutions to equip clinics, hospitals, and other healthcare entities for the digital age. Another arm of the SHC Group has a deep-rooted history with payment solutions. Through its online platform, SHC+CARE introduces innovative products and services that not only enhance the rollout of the telematics infrastructure but also encompass ePayment segments. This portfolio will continually evolve to address the unique needs of the healthcare landscape.
About SHC Group
Founded in 2007, SHC Group is a global forerunner in the realms of digital payments and digital health, originally starting as a consultancy. In the digital payment landscape, we assist service providers, merchants, startups, and banks, delivering pioneering products, strategies, and services throughout the Digital Payment value chain.
Within Germany's digital health domain, SHC Group stands out as one of only four nationwide issuers of health professional cards and institutional cards. Moreover, we have pioneered a card management system tailored for the Digital Health card terminal's Security Module Card (gSMC-KT).
The strength of SHC Group lies in its team of over 50 dedicated professionals and a vast international network of independent specialists, many boasting significant industry leadership experience.
Gender note:
For better readability, we often use generic masculine for personal names and personal nouns in press releases. Corresponding terms generally apply to all genders. The abbreviated form of language does not imply any valuation.
[1] https://de.statista.com/...
[2] https://de.statista.com/...:~:text=Der%20Umsatz%20im%20Segment%20eHealth,(CAGR%202023%2D2027).
[3] https://www.deutsche-apotheker-zeitung.de/...
