Telehealth/Telemedicine is the use of electronic information and telecommunications technologies to support long-distance clinical health care, patient and professional health-related education, public health and health administration. Telehealth encompasses a broad variety of technologies and tactics to deliver virtual medical, health, and education services.
Global Market Analysis of Telehealth/Telemedicine Market
The Global Telehealth Market has accounted for USD 3.1 billion in 2016 and is expected to reach USD 18.3 billion by 2024, growing at a CAGR of 24.6% in the forecast period 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Benefits of Telehealth/Telemedicine
Save on travel: by making it possible for patients and providers to connect without having to physically travel long distances.
Save on expenses: by reducing the amount of money spent on travel and overnight stays.
Save on time: by eliminating travel time and waiting periods
This Report Consists of –
- No of pages: 350, No of Figures: 60, No of Tables: 220
The Global Telehealth/Telemedicine Market, By Hardware (Telehealth Monitors, Monitoring Devices), By Software (Standalone, Integrated), By Services (Remote, Real Time, Store and Send), By Deployment (Web Based, Cloud Based, On Premise), By End-User (Healthcare Payers, Healthcare Providers, Patients), By Geography (North America, Europe, Asia Pacific, South America, Middle East & Africa) — Trends and Forecast to 2024.
TABLE OF CONTENTS
2) MARKET SEGMENTATION
3) Market Overview
4) EXECUTIVE SUMMARY
5) premium insights
6) Global Telehealth Market, by Hardware
7) Global Telehealth Market, By Software
8) Global Telehealth Market, By Services
9) Global Telehealth Market, by Deployment
10) Global Telehealth Market, by Geography
- North America
- south America
- Middle East and Africa
11) company profiles
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Frequently Asked Questions?
- What will the market size be in 2024?
- What are the key factors driving the global market?
- What are the challenges to market growth?
- Who are the key players in the market?
- What are the market opportunities and threats faced by the key players?
- What will be the growth rate in 2024?
- Which strategies are used by top players in the Global Telehealth/Telemedicine Market?
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Market Segmentation of Global Telehealth Market
The Telehealth Market is categorized on the basis of hardware, software, services, deployment, end user, and geography
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
- payers, and
Based on region, the market is divided into North America, Europe, Asia-Pacific, and Middle East & Africa, and South America.
Based on geography, the Telehealth market is segmented into 5 geographical regions,
- North America,
- South America and rest of the world
The geographical regions are further segmented into 24 major countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and many others. 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
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Major Market Competitors of Global Telehealth Market
Some of the major players in this market
- Cerner Corporation,
- GE Healthcare,
- Honeywell Life Care Solutions,
- McKesson Corporation,
- Ergotron, Inc.,
- Medtronic, Inc.,
- The Medvivo Group,
- Philips Healthcare,
- USARAD Holdings, Inc.,
- Robert Bosch Healthcare,
- Vitaphone GmbH,
- Siemens Healthcare,
- Cisco Systems, Inc.,
- SnapMD, Inc.
- Tunstall Healthcare
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Global 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.
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