Global Telehealth Industry Analysis of the value chain helps to analyze major raw materials, major equipment, production processes, customer analysis and major Telehealth Market distributors. A comprehensive analysis of the statistics, market share, performance of the company, historical analysis Till 2018, volume, revenue, growth rate of YOY and CAGR forecast for 2027 is included in the report. Research Report also provides explicit information in recent years on mergers, acquisitions, joint ventures and other important market activities. Research Analysis report also provides Porter analysis, PESTEL analysis and market attractiveness to better understand the macro-and micro-level market scenario. Telehealth report also includes a detailed description, a competitive scenario, a wide range of market leaders and business strategies adopted by competitors with their analysis of SWOT.
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The telehealth market is estimated to grow at a CAGR of 15.7% during the forecast period from 2018 to 2025. The market for telehealth is estimated to reach US$ 52,897.2 Mn in 2025.
Telehealth is a technique of exchanging data from a patient at home to healthcare professional for getting assistance in monitoring and diagnosing. Telehealth allows the healthcare practitioner to easily offer their services on consultation, care management, diagnosis, and self-management services using information & communication technologies (ICT). These services are being offered through various mode of delivery such as on-premise, web-based, and cloud-based.
Growing aging population, increase in number of chronic diseases, and increasing demand for home monitoring devices are the major drivers which are likely to aid the growth of telehealth market. Rising technological advancements and enhancing demand for home monitoring solutions are likely to add new opportunities for this market in the coming years.
The major players operating in the market of telehealth market include Medtronic, Cerner Corporation, Tunstall Healthcare, AMD Global Telemedicine, Inc., Philips Healthcare, Cisco Systems, Inc., Aerotel Medical Systems Ltd., Honeywell Life Care Solutions, Medvivo Group Ltd., American Well among others.
Market size & shares
Market trends and dynamics
Market Drivers and Opportunities
Supply and demand
Technological inventions in industry
Marketing Channel Development Trend
The market for telehealth is well established in North America region, especially in the US. The market is expected to witness growth at a rapid rate in Asia-Pacific region during the forecast period. China has a well-defined telehealth systems present in its healthcare systems also the EHR systems are adopted by various providers. The high growth of this region can be attributed to increasing geriatric population and growing technological advancements that enable mobile telehealth in rural and urban areas.
Telehealth Market to 2025 – Global Analysis and Forecasts by Product (Integrated and Standalone), Type (Hardware, Services, and Software), Mode of Delivery (On-Premise, Web-Based, and Cloud-Based); and End User (Patients, Payers, and Healthcare Providers)
By Geography North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. And 13 countries globally along with current trend and opportunities prevailing in the region.
The target audience for the report on the market
Business development managers
Equity research firms
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