Global Telehealth Market By Component (Services, Software, and Hardware), Mode of Delivery (Web-Based Delivery Mode, Cloud-Based Delivery Mode, and On-Premise Delivery Mode), End User (Providers, Payers, Patients, and Other End Users), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of the Middle East and Africa) Industry Trends and Forecast to 2028.
The telehealth market is expected to witness market growth at a rate of 23.25% in the forecast period of 2021 to 2028. Data Bridge Market Research report on the telehealth market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the provider adoption of telemedicine is escalating the growth of the telehealth market.
Telehealth permits a stable connection between caregivers and nurses and provides suppliers with a constant flow of real-time patient health information. Telehealth facilities leverage technology to offer long-distance health education to enhance customer results.
Major factors that are expected to boost the growth of the telehealth market in the forecast period are the rise in the population and the need to increase healthcare access. Furthermore, the increase in the incidence of chronic conditions and cost-benefits of telehealth is further anticipated to propel the growth of the telehealth market. Moreover, the dearth of physicians and the development in telecommunications is further estimated to cushion the growth of the telehealth market. On the other hand, the fraud in telehealth is further projected to impede the growth of the telehealth market in the timeline period.
In addition, the rise in the efficacy in combating infectious diseases and epidemics will further provide potential opportunities for the growth of the telehealth market in the coming years. However, the incapability to determine hygiene and cleanliness might further challenge the growth of the telehealth market in the near future.
This telehealth market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the telehealth market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.
Telehealth Market Scope and Market Size
The telehealth market is segmented on the basis of component, mode of delivery, and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them in making strategic decisions for the identification of core market applications.
- On the basis of components, the telehealth market is segmented into services, software, and hardware.
- On the basis of mode of delivery, the telehealth market is segmented into a web-based delivery mode, cloud-based delivery mode, and on-premises delivery mode.
- On the basis of end-users, the telehealth market is segmented into providers, payers, patients, and other end users.
Telehealth Market Country Level Analysis
The telehealth market is analysed and market size insights and trends are provided by the country, component, mode of delivery, and end-user as referenced above.
The countries covered in the telehealth market report are the U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, rest of the Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA), Brazil, Argentina and rest of South America as part of South America.
North America dominates the telehealth market due to the rise in healthcare awareness. Furthermore, the increasing of the cloud-based technologies adoption will further boost the growth of the telehealth market in the region during the forecast period. Asia-Pacific is projected to observe a significant amount of growth in the telehealth market due to the rise in the need for healthcare assistance, particularly in rural areas. Moreover, the innovation and development towards telecommunication are further anticipated to propel the growth of the telehealth market in the region in the coming years.
The country section of the telehealth market report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as consumption volumes, production sites, and volumes, import-export analysis, price trend analysis, cost of raw materials, downstream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The telehealth market also provides you with a detailed market analysis for every country's growth in healthcare expenditure for capital equipment, installed base of different kinds of products for the telehealth market, the impact of technology using lifeline curves and changes in healthcare regulatory scenarios, and their impact on the telehealth market. The data is available for the historic period 2010-2019.
Competitive Landscape and Telehealth Market Share Analysis
The telehealth market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the telehealth market.
The major players covered in the telehealth market report are Giffen Solutions, Inc., Capsule Technologies, Inc., Chiron Health, Cisco Systems Inc., Biotricity, A&D Company, Limited, OSI Systems, Inc., Biotronik, Koninklijke Philips N.V., AMD Global Telemedicine, Inc., Global Media Group, Inc., BioTelemetry, Inc., Resideo Technologies Inc, Masimo., eVisit, edgeMED Healthcare, LLC, INTeleICU, iMDsoft, InTouch GPS, AirStrip Technologies., American Well, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Telehealth Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market, and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.