Telehealth
is the remote diagnosis and treatment of patient that is used to deliver the
virtual medical and health support, and education services. It is used in
various specialty such as dentistry, counseling, home health, chronic disease
monitoring & management, disaster management, and professional education.
The
global telehealth market is presumed to register 29.8 % CAGR during the
forecast period (2017-2023) owing to the prevalence of chronic diseases,
asserts Market Research Future (MRFR). Telemedicine or telehealth is a mode of
delivering health care services to patients with the help of communication
technologies. This facilitates treatment, diagnosis, education care management,
consultation, and others. It acts as a bridge to improve the relationship
between a patient and a health care provider and also improves patient
satisfaction and behavioral changes by offering healthcare treatment and
guidance.
Global Telehealth Market: Segmental
Analysis
The global telehealth market has
been segmented on the basis of types, components, end-users, and region.
By mode of component, the global
telehealth market has been segmented into software, hardware, services, and
others. Among these, the hardware component is further sub-segmented into
medical devices, monitors, and others. Monitors are sub-segmented into blood
pressure monitors, ECG monitors, blood glucose monitors, and others. Among
these, the services segment is presumed to command the largest market share
owing to growing adoption of remote monitoring solutions by patients dwelling
in remote rural areas and technological advancements in telecommunication.
By mode of type, the global
telehealth market has been segmented into on-premise, web-based, and
cloud-based.
By mode of end-users, the global
telehealth market has been segmented into pharmaceutical companies, hospitals
and clinics, and others.
Regional Insights
Geographically, the telehealth
market span across regions namely, America, Europe, Asia Pacific, and the
Middle East and Africa.
Among all the regions, America is
presumed to dominate the global market due to the presence of a huge patient
population suffering from chronic respiratory diseases and diabetes. Also, the
presence of huge geriatric population is impacting the market positively. The
United States has been the first choice for deployment of telehealth solutions
due to technological advancements and established healthcare systems.
Europe is considered to hold the
second position in the global market during the assessment period. Germany is likely
to dominate the connected healthcare deployments in this region with varied
solutions being offered and services delivered through messages and
applications.
While Asia Pacific has the fastest
market growth owing to the presence of rapidly developing countries such as
India and China, the Middle East and Africa is considered to hold the least
market share. Huge development opportunities and constantly developing
healthcare infrastructure in the Asia Pacific region is likely to propel the
market growth.
Industry News
October 5, 2018: The U.S.
Senate has passed a bipartisan bill with a 98-1 vote to fight against the
opioid crisis. Provisions in the law, which President Donald J. Trump is
expected to sign, will remove significant barriers to treating opioid addicts
via telehealth.
Competitive Dashboard
The major players operating the
global market are InTouch Technologies Inc. (U.S.), Cerner Corporation (U.S.),
Care Innovations LLC. (U.S.), GlobalMedia Group LLC (U.S.), General Electric
Company (U.K.), AMD Global Telemedicine Inc. (U.S.), Medtronic (Ireland),
Koninklijke Philips N.V. (the Netherlands), McKesson Corporation (U.S.), and
Siemens Healthcare Private Limited (U.S.)
Major Table of Content
1 Introduction
1.1
Definition
1.2
Scope of Study
1.3
Research Objective
1.4
Assumptions & Limitations
1.5
Market Structure:
2
Research Methodologies
2.1
Research Process
2.2
Primary Research
2.3
Secondary Research
3
Market Dynamics
3.1
Drivers
3.2
Restraints
3.3 Opportunities
3.4 Challenges
3.5 Macroeconomic Indicators
To
Be
Continued…
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