Global Telemental Health Market Growing at Huge CAGR of 25.12% With Report Type are Telepsychology, Telepsychiatry, Telebehavioral Health and Forecast to 2024

Global Telemental Health Market by Mental Disorders (Panic disorder, Obsessive-Compulsive Disorder, Depression, Posttraumatic Stress Disorder), By Type, By Component (Services, Software, Hardware), By Mode of Delivery (Web-Based Delivery Mode, Cloud-Based Delivery Mode, On-Premise Delivery Mode), By End User, By Geography and Forecast to 2024.
Global Telemental Health Market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.

This report scope includes a holistic study of the current dynamics of the market, industry growth and restraints of the market. It provides the market forecast to 2024, recent developments in the market and pipeline analysis of the major players. The report also includes a review of micro and macro forecasts, new entrant strategies, and market penetration strategies with a comprehensive value chain analysis.

Global Telemental Health Market accounted to USD 1.66 billion in 2016 growing at a CAGR of 25.12% during the forecast period of 2017 to 2024. The upcoming 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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Major Market Competitors:

Some of the major players operating in telemental health market report are Cisco Systems, Inc., AMD Global Telemedicine, Aerotel Medical Systems, Medtronic, F. Hoffmann-La Roche Ltd., McKesson Corporation, Koninklijke Philips N.V., Otsuka America Pharmaceutical Inc., Cerner Corporation, Allscripts, InTouch Technologies, Inc., Honeywell Life Care Solutions, BioTelemetry, Inc., OBS Medical Ltd., American Well, Empower Interactive, Inc., MDLIVE Medical Group, PA, TalkSession Inc., Talkspace, Virtual Therapy Connect, Teladoc, Inc., wecounsel, Genoa, a QoL Healthcare Company, Medvivo Group Ltd, GlobalMed, TGH Acquisitions Ltd. and Vidyo, Inc. among others.

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Report Definition:

Telemental health is a division of Telehealth market. Telemental health, the use of telemedicine technology which provides mental health services from a distance. Additionally, it also provides consultation, supervision, health intervention, assessment, education, and information across distances.

Report Drivers and Restraints:

  • Prevalence of mental disorders in all age groups
  • Time efficient and low cost services
  • Rise in acceptance of telemental health
  • Fewer facilities in the remote areas
  • Lack of skilled expertise in remote areas
  • Government initiatives
  • Technological advancements in telecommunication infrastructure

Scope of the Report:

The telemental health market is segmented by mental disorders in panic disorder, obsessive-compulsive disorder (OCD), depression and posttraumatic stress disorder.

On the basis of type the market is segmented into telepsychology, telepsychiatry and telebehavioral health.

On the basis of component the market is segmented into services, software and hardware. Services are sub segmented into remote monitoring, real-time interactions and store-and-forward consultations. Software is sub segmented into integrated software and standalone software. Hardware is sub segmented into monitors, smartphones and wireless tools.

By mode of delivery the market is segmented into web-based delivery mode, cloud-based delivery mode and on-premise delivery mode.

By end user the market is segmented into providers, payers and patients.

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On the basis of geography, telemental health market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

Research Methodology:

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or drop down your inquiry.

Demand Side Primary Contributors: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.

Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

This report consists of below pages:

•             No of pages: 350

•             No of Figures: 60

•             No of Tables: 220

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