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North America telehealth market to Set Remarkable Growth in Coming Years | Cerner Corporation, GE, Honeywell, McKesson, Ergotron, Medtronic, InstaMD

North America telehealth market

This North America telehealth market research report is structured by performing the systematic, objective and exhaustive study of the facts related to several subjects in the field of marketing. This report is a great example of such wide-ranging market information which explores practical growth strategies and recommendations related to Healthcare industry. It deals with many parameters in depth to satisfy the requirements of business or clients. What is more, this report provides the data and information for actionable, most recent and real-time market insights which makes it straightforward to even take critical business decisions.

Leading Players of North America telehealth market are Cerner Corporation, GE, Honeywell, McKesson, Ergotron, Medtronic, InstaMD, Medvivo Group Ltd, Philips, Philips Healthcare SL, USARAD Holdings Inc., Bosch, Bosch Healthcare Solutions GmbH, Vitaphone GmbH, Siemens, Siemens Healthineers, Cisco, Cisco Systems France, SnapMD, Tunstall Healthcare (UK), Tunstall Healthcare, Teladoc Health, American Well, BioTelemetry, Inc, Aerotel Medical Systems, InTouch Health, InTouch Technology Inc., AMD Global Telemedicine, Inc., and others.

The North America telehealth market is categorised on the basis of hardware, software, services, deployment, end user, and geography.

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The market, by hardware, is categorized into telehealth monitors and monitoring devices. The monitoring devices sub segment is further classified by device type into blood pressure meters, blood glucose meters, weight scale, pulse oximeters, peak flow meters, ECG monitors and other devices. The software market is further segmented into integrated and standalone software. The services market is further segmented into remote monitoring, real-time, and store and send. Based on deployment, the market is categorized into web-based, on premise, and cloud-based. The market by end user is segmented into providers, payers, and patients.

Key Segmentation of North America telehealth market

Based on geography the market is segmented into 3 countries, U.S., Canada and Mexico.  U.S. is expected to dominate the market due to the rising pool of elderly population and chronic disease patient pool. Telehealth will help to U.S. healthcare model to shift from episodic model to dynamic continuous monitoring, leading to betterment of healthcare.

North America healthcare is under continuous threat of rising chronic conditions and shortage of healthcare professionals in all developed countries. Telehealth is expected to offer the solution to this threat, owing to advancements in mobile technology telehealth now can be applied in multiple provider type with maximum integration. As key components of telehealth clinical monitors, peripheral devices are expected to form the key ingredients in telehealth market. As per a recent survey in U.S., published in American Journal of Critical Care healthcare professional believe that telehealth-ICU’s are improving the productivity of healthcare facilities. About 79% of the 1200 respondents agreed that telehealth improves patient care.

In 2015, there were about 45 tele-ICU’s that connect more 200 hospitals and 6,000 beds in the U.S. It’s estimated between 800 to 1,000 nurse’s practice in tele-ICUs and another 16,000 interface with these units. The biggest roadblock in the growth of telehealth market is no proper means of deliver physician reimbursements. According to a recent survey by Anthem and American academy of family physician’s, suggested that 9 out of 10 respondents agreed to use telehealth if they reimbursed properly. Also there are other hindrances in this market such as telehealth education; technological platforms and the lack of updated tools to support telehealth are resolved by healthcare industry.

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