Pune, India -- (SBWire) -- 08/03/2018 --The "Global Telehealth Market" report emphasizes the most recent trends, growth, and new business opportunities to provide a comprehensive review of the global market. Demand proportion and development of innovative technologies also are revealed in the Global Telehealth Market report. In-depth analysis of the most recent developments and novel technological advancements provides the users a free hand to introduce their exceptional products and processes to update the service contribution.
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.
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The statistics in the data collected are graphically presented in the Global Telehealth Market research report. It also includes key performers, vendors, and suppliers. The report highlights the command and drivers influencing the market.
Key Market Competitors
Some of the major players in this market are
Cerner Corporation,
GE Healthcare,
Honeywell Life
Care Solutions,
McKesson Corporation, Ergotron, Inc., Medtronic, Inc., InstaMD, The Medvivo Group, Philips Healthcare, USARAD Holdings, Inc., Robert Bosch Healthcare, Vitaphone GmbH, Siemens Healthcare, Cisco Systems, Inc., SnapMD, Inc. and, Tunstall Healthcare among others.
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Benefits of Telehealth
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.
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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
- providers,
- payers, and
- patients
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,
- Europe,
- Asia-Pacific,
- 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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Reasons to purchase this report
- Current and future of Global Telehealth Market outlook in the developed and emerging markets· The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
- Regions/countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares and strategies that are employed by the major market players
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Global Telehealth Market Is Anticipated to Grow at CAGR of +24.6% with Latest Trends and Opportunities and Market Will Reach USD 18.3 Billion by 2024
The Global Telehealth Market research report demonstrates a detailed study of some decisive parameters such as Key Player analysis, size, share, forecast trends, sales, supply for 18.3 billion industry.