Telehealth Market Potential Growth, Price, Scope, Demand, Key Company Profiles, Trend & Forecast Analysis

The credible Telehealth Market report comprehensively studies market definition, market segmentation, competitive analysis, and key developments in the market. This report has a lot to offer such as the general market conditions, trends, inclinations, key players, opportunities, geographical analysis, and many other parameters that help to take the business towards growth and success. Telehealth Market report is generated with the comprehension of business goals and needs to bridge the gap by delivering with the most appropriate and suitable solutions; which rises the company’s growth, by subsidizing the risk and improving their performance.

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Koninklijke Philips (Netherlands),

Medtronic (Ireland),

GE Healthcare (US),

Cerner Corporation (US),

Siemens Healthineers (Germany),

Cisco Systems, Inc. (US),

Teladoc Health Inc. (US),

American Well (US),

AMC Health (US),

MDLive (US),

Doctor on Demand (US),

Medvivo Group Ltd (UK),

Asahi Kasie Corporation (Japan),

Iron Bow Technologies (US),

Telespecialists Llc (US),

GlobalMed (US),

MedWeb (US),

IMediplus Inc. (China),

Vsee (US),

Chiron Health (US),

Zipnosis (US),

AMD Global Telemedicine (US),

MyTelemedicine (US),

Telemedicine.com (US),

CareClix Telemedicine (Washington, D.C.).

By focusing on all the necessities and requirements of the businesses for achieving successful business growth, the global Telehealth Market report is generated. Company snapshot, geographical presence, product portfolio, and recent developments are taken into consideration for studying the company profiles. This research study helps the customer understand the various drivers and restraints impacting the market during the forecast period. What is more, systemic company profiles covered in the Telehealth Market report also explain recent developments, product launches, joint ventures, mergers, and acquisitions that are employed by several key players and brands.

The global telehealth market is expected to grow at a CAGR of 37.7% during the forecast period, to reach USD 191.7 billion by 2025 from an estimated USD 38.7 billion in 2020. The key factors driving the growth of this market include the need to expand healthcare access, the growing prevalence of chronic diseases and conditions, a shortage of physicians, advancements in telecommunications, government support and raising awareness, and rising technology adoption in the wake of COVID-19. However, regional variations in regulations, fraud, and the use of social media for care providers will restrict the market growth during the forecast period.

A breakdown of the primary participants referred to for this report is provided below:

  • By Company Type (Supply-side): Tier 1: 29%, Tier 2: 37%, and Tier 3: 34%
  • By Category (Demand-side): Hospitals and Clinics, Independent Physicians 55%,Payers 35%, and Patients: 10%
  • By Designation: C-level: 35%, Director-level: 25%, and Managers: 40%
  • By Region: North America: 35%, Europe: 32%, Asia: 22%, and the RoW: 11%

“The software & services segment will grow at the highest rate during the forecast period.”

Based on components, the telehealth market is segmented into software & services and hardware segment. The software & segment accounted for the largest share of the telehealth market in 2019. The large share of this segment is mainly due to the increasing adoption of telehealth and telemedicine across the globe. The hardware segment is projected to register the highest CAGR of 18.6% in the forecast period.

“By delivery mode, the cloud-based segment accounted for the largest share of the telehealth market in 2019.”

Based on the mode of delivery, the global telehealth market is segmented into cloud-based and on-premise segments. The human pathology segment accounted for the largest share of the telehealth market in 2019. The major factors driving the market for cloud-based delivery mode segments are the on-demand nature of the services, their easy scalability, and the costs-curtailing nature of cloud-based solutions.

“The market in Asia Pacific is projected to witness the highest share during the forecast period (2020–2025)”

Asia Pacific is projected to register the highest growth during the forecast period. This large share can be attributed to factors such as the rising prevalence to factors such as the rising prevalence of chronic conditions, the need to reduce healthcare expenditure, increasing overall and geriatric population.

Research Coverage:

The report analyzes the telehealth market and aims at estimating the market size and future growth potential of this market based on various segments such as product, type, application, end-user, and region. The report also includes competitive analysis of the key players in this market along with their company profiles, product and service offerings, recent developments, and key market strategies.

Reasons to Buy the Report

The report can help established firms as well as new entrants/smaller firms to gauge the pulse of the market, which, in turn, would help them garner a greater share. Firms purchasing the report could use one, or a combination of the below mentioned five strategies.

This report provides insights into the following pointers:

  • Market Penetration: Comprehensive information on the product portfolios of the top players in the digital pathology market. The report analyzes the market based on the product, type, application, end-user, and region.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and product launches in the digital pathology market.
  • Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the markets for various types of digital pathology solutions across regions.
  • Market Diversification: Exhaustive information about products, untapped regions, recent developments, and investments in the digital pathology market.
  • Competitive Assessment: In-depth assessment of market shares, strategies, products, distribution networks, and manufacturing capabilities of the leading players in the digital pathology market.

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Table of Contents

1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.2.1 Inclusions And Exclusions
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered For The Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders
1.7 Summary Of Changes

2 Research Methodology
2.1 Research Data
Figure 1 Research Design
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
Figure 2 Primary Sources
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown Of Primary Sources
Figure 3 Breakdown Of Primary Interviews: By Company Type, Designation, And Region
2.2 Market Size Estimation
Figure 4 Estimation Of Market Size For Remote Patient Monitoring Software & Services Through The Adoption-Based Approach
Figure 5 Estimation Of Market Size For Real-Time Interaction Software & Services Through The Adoption-Based Approach
Figure 6 Estimation Of Market Size For Store-And-Forward Software & Services Through The Adoption-Based Approach
Figure 7 Estimation Of The Global Telehealth And Telemedicine Market Size Through The Adoption-Based Approach
2.3 Market Breakdown And Data Triangulation
Figure 8 Data Triangulation Methodology
2.4 Assumptions For The Study

3 Executive Summary
Figure 9 Telehealth And Telemedicine Market Analysis, By Component (2020)
Figure 10 Telehealth And Telemedicine Market, By Mode Of Delivery, 2020 Vs. 2025 (Usd Million)
Figure 11 Telehealth And Telemedicine Market, By Application, 2020 Vs. 2025, (Usd Million)
Figure 12 Telehealth And Telemedicine Market, By End User, 2020 Vs. 2025, (Usd Million)
Figure 13 Asia Pacific To Witness The Highest Growth During The Forecast Period

4 Premium Insights
4.1 Telehealth And Telemedicine Market Overview
Figure 14 Shortage Of Physicians, Rising Prevalence Of Chronic Conditions, And Increase In Aging Population Drive Market Growth
4.2 North America: Telehealth And Telemedicine Market, By Product (2019)
Figure 15 Software & Services Segment Accounted For The Largest Share Of The North American Telehealth And Telemedicine Market In 2019
4.3 Geographic Snapshot Of The Telehealth And Telemedicine Market
Figure 16 Asia Pacific To Witness The Highest Growth In The Telehealth And Telemedicine Market From 2020 To 2025

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 17 Telehealth And Telemedicine Market: Drivers, Restraints, Opportunities, And Challenges
5.2.1 Drivers
5.2.1.1 Rising Population And Need To Expand Healthcare Access
Table 1 Global Overview Of The Rise In Aging Population (Million)
5.2.1.2 Rising Prevalence Of Chronic Conditions And Cost-Benefits Of Telehealth & Telemedicine
Table 2 Chronic Diseases And Cost Burden In The Us: Potential For Savings
5.2.1.3 Shortage Of Physicians
5.2.1.4 Advancements In Telecommunications
5.2.1.5 Government Support And Rising Awareness
5.2.1.6 Technology Adoption In The Wake Of Covid-19
Table 3 Total Number Of Confirmed Coronavirus Cases, By Region, As Of October 18, 2020
Table 4 Healthcare Iot: Use Cases
5.2.1.6.1 Private And Public Support For Covid-19 Management
5.2.2 Restraints
5.2.2.1 Regulatory Variations Across Regions
Table 5 Us: State-Wise Regulatory Outlook For Telehealth
5.2.2.2 Fraud In Telemedicine And Telehealth
5.2.2.3 Use Of Social Media
5.2.3 Opportunities
5.2.3.1 High Utility In Combating Infectious Diseases And Epidemics
5.2.3.2 Use Of Blockchain
5.2.3.3 Ai And Analytics
5.2.3.4 Virtual Assistants
5.2.4 Challenges
5.2.4.1 Inability To Ascertain Hygiene And Cleanliness
5.2.4.2 Behavioral Barriers, Healthcare Affordability, And Lack Of Awareness
5.3 Impact Of Covid-19 On The Telehealth Market
Figure 18 Impact Of Covid-19 On The Telehealth And Telemedicine Market
5.4 Value Chain
Figure 19 Telehealth And Telemedicine Market: Value Chain
5.5 Ecosystem
Figure 20 Telehealth And Telemedicine Market: Ecosystem
5.6 Technology Analysis
Table 6 Digital Technology Enablers, Their Benefits, And Examples In The Telehealth And Telemedicine Market

6 Telehealth And Telemedicine Market, By Component
6.1 Introduction
Table 7 Telehealth And Telemedicine Market, By Component, 2018–2025 (Usd Million)
6.2 Software & Services
Table 8 Telehealth And Telemedicine Software & Services Market, By Region, 2018–2025 (Usd Million)
Table 9 Telehealth And Telemedicine Software & Services Market, By Type, 2018–2025 (Usd Million)
6.2.1 Remote Patient Monitoring Software & Services
6.2.1.1 Convenience And High Utility Are Driving Demand For Remote Monitoring Services And Devices
Table 10 Remote Patient Monitoring Software & Services Market, By Region, 2018–2025 (Usd Million)
6.2.2 Real-Time Interaction Software & Services
6.2.2.1 Synchronous Nature And Potential To Increase Healthcare Access Will Drive Market Growth In This Segment
Table 11 Real-Time Interaction Software & Services Market, By Region, 2018–2025 (Usd Million)
6.2.3 Store-And-Forward Software & Services
6.2.3.1 Limited Reimbursement Scenario May Affect Market Growth
Table 12 Store-And-Forward Software & Services Market, By Region, 2018–2025 (Usd Million)
6.3 Hardware
Table 13 Telehealth And Telemedicine Hardware Market, By Region, 2018–2025 (Usd Million)
Table 14 Telehealth And Telemedicine Hardware Market, By Type, 2018–2025 (Usd Million)
6.3.1 Medical Peripheral Devices
Table 15 Medical Peripheral Devices Market, By Region, 2018–2025 (Usd Million)
Table 16 Medical Peripheral Devices Market, By Type, 2018–2025 (Usd Million)
6.3.1.1 Blood Pressure Monitors
6.3.1.1.1 Convenience And Growing Demand Have Ensured High Market Growth In This Segment
Table 17 Blood Pressure Monitors Market, By Region, 2018–2025 (Usd Million)
6.3.1.2 Blood Glucose Meters
6.3.1.2.1 Growth In The Diabetic Population Will Ensure Strong Demand For Blood Glucose Monitoring
Table 18 Blood Glucose Meters Market, By Region, 2018–2025 (Usd Million)
6.3.1.3 Weight Scales
6.3.1.3.1 Increase In Obesity Will Ensure Strong Demand For Weight Scales And Management
Table 19 Weight Scales Market, By Region, 2018–2025 (Usd Million)
6.3.1.4 Pulse Oximeters
6.3.1.4.1 Rising Awareness Of Self-Monitoring And Device Convenience Have Supported The Demand For Pulse Oximeters
Table 20 Pulse Oximeters Market, By Region, 2018–2025 (Usd Million)
6.3.1.5 Peak Flow Meters
6.3.1.5.1 Technological Advancements And Growing Awareness Are Driving Market Growth
Table 21 Peak Flow Meters Market, By Region, 2018–2025 (Usd Million)
6.3.1.6 Ecg Monitors
6.3.1.6.1 Rising Incidence Of Cvd Drives Demand For Ecg Monitors
Table 22 Ecg Monitors Market, By Region, 2018–2025 (Usd Million)
6.3.1.7 Other Medical Peripheral Devices
Table 23 Other Telehealth And Telemedicine Products Offered By Market Players
Table 24 Other Medical Peripheral Devices Market, By Region, 2018–2025 (Usd Million)
6.3.2 Monitors
6.3.2.1 Increase In Remote Monitoring And Telemedicine Adoption Will Drive The Requirement Of Monitors
Table 25 Monitors Market, By Region, 2018–2025 (Usd Million)

7 Telehealth And Telemedicine Market, By Application
7.1 Introduction
Table 26 Telehealth And Telemedicine Market, By Application, 2018–2025 (Usd Million)
7.2 Teleradiology
7.2.1 Teleradiology To Account For The Largest Share Of The Telehealth And Telemedicine Market
Table 27 Teleradiology Market, By Region, 2018–2025 (Usd Million)
7.3 Telepsychiatry
7.3.1 Shortage Of Mental Health Practitioners And Favorable Reimbursement Scenario Drive Market Growth
Table 28 Telepsychiatry Market, By Region, 2018–2025 (Usd Million)
7.4 Telestroke
7.4.1 Rising Stroke Incidence And Shortage Of Specialists Have Supported The Adoption Of Telestroke
Table 29 Telestroke Market, By Region, 2018–2025 (Usd Million)
7.5 Teleicu
7.5.1 Market For Teleicu To Rise Owing To Rising Emergency Visits, Aging Population, And Personnel Shortage In Rural Areas
Table 30 Teleicu Market, By Region, 2018–2025 (Usd Million)
7.6 Teledermatology
7.6.1 Wide Usage Of High-End Cameras And Rapid Access To Care Have Contributed To The Use Of Teledermatology
Table 31 Teledermatology Market, By Region, 2018–2025 (Usd Million)
7.7 Teleconsultation
7.7.1 Shortage Of Physicians To Drive The Market For Teleconsultation
Table 32 Teleconsultation Market, By Region, 2018–2025 (Usd Million)
7.8 Other Applications
Table 33 Other Telehealth And Telemedicine Applications Market, By Region, 2018–2025 (Usd Million)

8 Telehealth And Telemedicine Market, By Mode Of Delivery
8.1 Introduction
Table 34 Telehealth And Telemedicine Market, By Mode Of Delivery, 2019–2025 (Usd Million)
8.2 Cloud-Based Mode Of Delivery
8.2.1 Cloud-Based Solutions Dominate The Market
Table 35 Cloud-Based Telehealth And Telemedicine Market, By Region, 2019–2025 (Usd Million)
8.3 On-Premise Mode Of Delivery
8.3.1 On-Premise Solutions Provide Enhanced Control Of Software And Allow Reuse Of Existing Infrastructure
Table 36 On-Premise Telehealth And Telemedicine Market, By Region, 2019–2025 (Usd Million)

9 Telehealth And Telemedicine Market, By End User
9.1 Introduction
Table 37 Telehealth And Telemedicine Market, By End User, 2018–2025 (Usd Million)
9.2 Providers
9.2.1 Providers To Account For The Largest Market Share
Table 38 Telehealth And Telemedicine Market For Providers, By Region, 2018–2025 (Usd Million)
9.3 Payers
9.3.1 Telehealth And Telemedicine Enable Payers To Reduce Patient Readmissions And Overhead Costs
Table 39 Telehealth And Telemedicine Market For Payers, By Region, 2018–2025 (Usd Million)
9.4 Patients
9.4.1 Cost-Benefits, Emergence Of Advanced Wearable Monitors, And Rising Disease Prevalence Support Demand Among Patients
Table 40 Telehealth And Telemedicine Market For Patients, By Region, 2018–2025 (Usd Million)
9.5 Other End Users
Table 41 Telehealth And Telemedicine Market For Other End Users, By Region, 2018–2025 (Usd Million)

10 Telehealth And Telemedicine Market, By Region

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