The Telehealth Market recently published a Global Market research study with more than 100 industry informative desk and Figures spread through Pages and easy to understand detailed TOC on “Telehealth Market”.
The report provides information and the advancing business series information in the sector to the exchange. The report gives an idea associated with the advancement of this market development of significant players in this industry. An examination of this Telehealth market relies upon aims, which are of coordinated into market analysis, are incorporated into the reports.
Top Companies in the Global Telehealth Market
Philips Healthcare, Medtronic, Honeywell Life Care Solutions, Tunstall Healthcare, Care Innovations, Cerner, Cisco, Medvivo, Globalmedia, Aerotel Medical Systems, AMD Global Telemedicine, American Well, Intouch Health, Vidyo.
The global Telehealth market is expected to reach approximately US$ 52.8 Billion by 2025 growing at a CAGR of 15.7% from 2019 to 2025.
Telehealth involves the distribution of health-related services and information via electronic information and telecommunication technologies. It allows long distance patient/clinician contact and care, advice, reminders, education, intervention, monitoring and remote admissions
Growth in geriatric population, rising prevalence of chronic diseases, dearth of healthcare professionals worldwide, improvements in telecommunication infrastructure, technological advancements, increasing utilization of connected devices for the management of chronic diseases, benefits of telehealth, and need for affordable treatment options due to rising healthcare costs are expected to drive the growth of the market in the coming years.
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Key Market Trends
The growth of the telehealth market can be attributed to the increasing adoption of the home monitoring programs for the treatment. Home monitoring programs are designed to help patients with frequent ER visits or re-hospitalization to receive treatment in the comfort of their home. The goal of the Home monitoring programs is to reduce the hospital readmissions or trips to the physician and reduce length of stays in hospitals. For instance, in November, 2017, Medtronic launched a new telehealth service with the Medtronic Care Management Services that support the U.S. Department of Veterans Affairs (VA) for Home Telehealth Devices and Services. Furthermore, improvement in ICT technologies is expected to offer wide growth opportunities for the players operating in the telehealth market during the forecast period.
North America is anticipated to hold significant share in the global telehealth market, owing to factors such as government initiatives, investments made by the major companies, and advancements in ICT and remote monitoring technologies, coupled with high acceptance among the customers especially in the US and Canada. The demand for telehealth is anticipated to increase at a considerable rate in Asia-Pacific region during the forecast period, owing to increasing demand in China. 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.
The Telehealth market can be divided based on product types and its sub-type, major applications and Third Party usage area, and important regions.
This report segments the global Telehealth Market on the basis of Types are:
On The basis Of Application, the Global Telehealth Market is Segmented into:
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Regions are covered by Telehealth Market Report 2019 To 2025.
North America, Europe, China, Japan, Southeast Asia, India.
North America (USA, Canada and Mexico).
Europe (Germany, France, UK, Russia and Italy).
Asia-Pacific (China, Japan, Korea, India and Southeast Asia).
Significant Features that are under Offering and Key Highlights of the Reports
-Detailed overview of Telehealth Market
-Changing Telehealth market dynamics of the industry
-In-depth market segmentation by Type, Application etc.
-Historical, current and projected Telehealth market size in terms of volume and value
Recent industry trends and developments
-Competitive landscape of Telehealth Market
-Strategies of key players and product offerings
-Potential and niche segments/regions exhibiting promising growth.
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THE REPORT HAS 150 TABLES AND FIGURES BROWSE THE REPORT DESCRIPTION AND TOC:
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In this study, the years considered to estimate the market size of Telehealth are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
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