The Insight Partners

Telehealth Market Will Exhibit a Steady 15.7% CAGR Through 2025 - Top Companies Medtronic, Cerner, Tunstall Healthcare, Honeywell, Cisco and Philips

According to a new market research study titled ‘Telehealth Market to 2025 – Global Analysis and Forecasts by Product, Type, Mode of Delivery and End User, the global telehealth market was valued at US$ 17,289.9 Mn in 2017 and is estimated to reach US$ 52,897.2 Mn by 2025. The report highlights the trends prevalent in the global telehealth market and the factors driving the market along with those that act as deterrents to its growth.

 

Pune, India -- (SBWIRE) -- 03/06/2019 -- Worldwide Telehealth Market Analysis to 2025 is a specialized and in-depth study of the Telehealth Industry with a focus on the global market trend. The report aims to provide an overview of global Telehealth Market with detailed market segmentation by product/application and geography. The global Telehealth Market is expected to witness high growth during the forecast period. The report provides key statistics on the Market status of the Telehealth players and offers key trends and opportunities in the market.

The global telehealth market is a mature market in the developed countries as well as in developing economies worldwide. The technological advancements in telehealth products such as integrated and standalone in the recent years are expected to bolster the market growth. Among the products, the demand for the telehealth is significantly high for integrated, followed by standalone.

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The key players operating in the field of telehealth market worldwide include Medtronic, Cerner Corporation, Tunstall Healthcare, AMD Global Telemedicine, Inc., Philips Healthcare, Cisco Systems, Inc., Aerotel Medical Systems Ltd., Honeywell Life Care Solutions, Medvivo Group Ltd., American Well among others.

Integrated telehealth products are used in EHR platforms in hospitals store data digitally. The data include patient medical history patient encounter, audio and visual recording notes creating a digital patient history. Integrated telehealth products enables integration of EHR platform and other devices to connect and communicate directly using a mobile or devices to deliver patient care.

Furthermore, adoption of ICT techniques can be another factor which likely to drive the growth of the telehealth market during the forecast period.

Report Content:

- Industry overview
- Industry trends
- Market drivers and restraints
- Market size
- Growth prospects
- Porter's analysis
- PESTEL analysis
- Key market opportunities prioritized
- Company market share analysis
- Competitive landscape

The market for telehealth is well established in the region of North America, owing to the awareness regarding medical practices and technological developments in the telehealth. Various market players have been focusing towards shifting their customer base in North America. However, in Asia-Pacific region, 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.

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The report segments the global telehealth market as follows:

Global Telehealth Market – By Product

- Integrated
- Standalone

Global Telehealth Market – By Type

- Software
- Hardware
- Services

Global Telehealth Market – By Mode of Delivery

- On-Premise
- Web-Based
- Cloud-based

Global Telehealth Market – By End Users

- Healthcare providers
- Payers
- Patients

Reason to Buy:

- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Global Telehealth Market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Telehealth, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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