1 / 4

Telehealth / Telemedicine Market Worth 12,105.2 Million USD by 2023

Meticulous Researchu00ae u2013leading global market research company published a research report titled u201cTelehealth market/Telemedicine Market by Component (Service, Software, Device), Mode of Delivery (On premise, Web, Cloud), Application (Radiology, Cardiology, Primary/Urgent Care, ICU, Mental Health), End User (Physician, Payor, Patient) u2013 Global Forecast to 2023u201d.

jennywatsonmr
Download Presentation

Telehealth / Telemedicine Market Worth 12,105.2 Million USD by 2023

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Telehealth/Telemedicine Market 2019- 2025 Telehealth/Telemedicine Market Worth 12,105.2 Million USD by 2023 Meticulous Research®–leading global market research company published a research report titled “Telehealth market/Telemedicine Market by Component (Service, Software, Device), Mode of Delivery (On premise, Web, Cloud), Application (Radiology, Cardiology, Primary/Urgent Care, ICU, Mental Health), End User (Physician, Payor, Patient) – Global Forecast to 2023”. According to this latest publication from Meticulous Research®, the global telehealth market is expected to grow at a CAGR of 23.0% from 2018 to 2023 to reach USD 12,105.2 million by 2023, driven by factors such as growing pressure to reduce healthcare costs while improving quality of care, improving health IT infrastructure, aging population & rising prevalence of chronic diseases, increasing awareness about benefits of telemedicine, favorable government initiatives & reforms/policies supporting digital health, and growing focus on population health management. Moreover, growing digitization and technological advancements in mobile health technology in emerging countries will further propel the adoption of telehealth solutions during the forecast period. Get Free Sample Copy of This Report at: https://www.meticulousresearch.com/download-sample- report/cp_id=4174 The global telehealth market study presents historical market data in terms of value (2016 and 2017), estimated current data (2018), and forecasts for 2023 – by component (services, software, and hardware), deployment model (web & cloud-based, and on- premise), application (radiology, cardiac monitoring, primary/urgent care, neurophysiological monitoring, remote ICU, mental health, and other), and end user (healthcare providers, payers, patients and others). The study also evaluates industry competitors and analyzes the market at a regional and country level. Telehealth services are being widely adopted across the globe as they can ease physician shortages and efficiently improve access to healthcare for people living in remote/rural areas. Telehealth services held a significant share in 2017; however, software market is set to register the highest CAGR during the forecast period. In 2017, web & cloud-based telehealth solutions captured a major share due to factors such as storage flexibility, accessibility, cost-effectiveness, easy scalability, and automated software upgradations. Follow Us On:

  2. Telehealth/Telemedicine Market 2019- 2025 Radiology and cardiology are by far the two leading applications of telehealth. Teleradiology captured a major share in 2017; however, telehealth market for mental and behavioral health applications is growing rapidly. This is mainly attributed to significant rise in mental health issues coupled with a shortage of behavioral health providers that offers opportunities for telehealth market to meet the exploding demand for mental health services. Healthcare providers held a significant market share in 2017 in the telehealth market. Providers are increasingly adopting telehealth to address shortage of doctors, especially in specialty care; meet healthcare needs of growing geriatric population and rising burden of chronic diseases; reduce healthcare costs and provide value-based care; and reach patients in underserved/rural areas where access to healthcare is limited. Browse in-depth Report with TOC at: https://www.meticulousresearch.com/product/telehealth-telemedicine- market/ This research report analyzes major players and provides comprehensive analysis of North America (U.S. and Canada), Europe (Germany, U.K., France, Italy, Spain, and RoE), Asia-Pacific (Japan, China, India, and RoAPAC), Latin America, and the Middle East & Africa. North America commanded the largest share in the global telehealth market in 2017, followed by Europe. However, Asia-Pacific is expected to register highest CAGR during the forecast period. This growth is primarily attributed to accelerated economic growth of many countries in the region, rising need to provide healthcare to underserved/rural areas, improving telecommunications infrastructure and penetration of smartphones, and government support for adoption of telehealth. China and India are promising markets in APAC offering immense growth opportunities during the forecast period. Key Players on the Ground The global telehealth market is highly fragmented with presence of large and several emerging companies offering devices, software and services. Some of the key players in the global telehealth market are Aerotel Medical Systems, AMD Global Telemedicine, Inc., American Well, Care Innovations, LLC (Intel Corporation), Cerner Corporation, Chunyu Yisheng, Cisco Systems, Inc., Doctor On Demand, Honeywell Life Care Solutions, Intouch Health, MDLive, Medtronic PLC, McKesson Corporation, Philips Healthcare, Sherpaa Health, Siemens Healthineers, SnapMD, Inc. Teladoc, Inc., Vidyo, Inc., Iris Telehealth, Zipnosis, BioTelemetry, Inc., Welch Allyn, Inc., and CareClix among others. In the recent past, these companies have significantly focused on entering into agreements, partnerships, strategic alliances and collaborations to expand their product and service offerings, strengthen their global footprint, and augment their market shares. For instance, in January 2018, Koninklijke Follow Us On:

  3. Telehealth/Telemedicine Market 2019- 2025 Philips N.V. and American Well entered into a partnership aimed at delivering virtual care services. Furthermore, in December 2017, InTouch Health, and Vivify Health, the leading remote care management platform, announced a partnership to integrate Vivify Health’s solutions with InTouch Health’s telehealth platform. Get Free Access to Sample Copy of this Report: https://www.meticulousresearch.com/download-sample- report/cp_id=4174 Key questions answered in Telehealth | Telemedicine Market report Increasing use of web & cloud-based deployment model help to increase adoption of telehealth market. •How is the penetration of web & cloud-based solutions? •What impact does this have on the adoption of on-premise telehealth solutions? •Which are the high growth market segments in terms of component, deployment model, application, end-user, and regions/countries? Telehealth Services segment account for a relatively large proportion of telehealth solutions globally •What factors contribute to the frequent usage of services in telehealth market? •Conversely, which geographic segment is expected to experience the fastest growth in telehealth services market? The North American telehealth market favors both larger and local players that compete in multiple segments •Who are the top competitors in this market and what strategies do they employ to gain shares? •Which segments of the telehealth market are expected to offer lucrative revenue growth over the forecast period and why? •What strategies should the new companies focus to enter this market and to compete effectively? •What are the major drivers, restraints, opportunities, and challenges in the telehealth market? Follow Us On:

  4. Telehealth/Telemedicine Market 2019- 2025 About Us: The name of our company defines our services, strengths, and values. Since the inception, we have endeavoured to research, analyze and present the critical market data with great attention to details. Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, with the help of its unique research methodologies, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth. Contact Us: Khushal Meticulous Research® Contact Sales- +1-646-781-8004 Email: sales@meticulousresearch.com Website: https://www.meticulousresearch.com Browse Our Blog: https://globalmarketstudy.blogspot.com/ Find us on: | LinkedIn | Twitter | Follow Us On:

More Related