Telehealth Market
- Published Date: Aug-2021 |
- 180 Pages |
- Report ID: HE0263
Telehealth Market
The telehealth market is expected to grow from USD 26.92 billion in 2019 to USD 85.30 billion by 2026 at a CAGR of 17.91% from 2020 to 2026.
Telehealth is the use of digital information and communication technologies to access healthcare services remotely for the management of health. It connects patients to fundamental healthcare services through remote monitoring, video conferencing, electronic consultations, and wireless communications. Factors like the growing prevalence of chronic diseases, the increase in the geriatric population, and therefore the shortage of physicians are the main drivers propelling the telehealth market growth. However, privacy and security concerns and stringent government rules for telehealth services could hamper market growth during the forecast period. It is often wont to address the rising demand for healthcare services for cancer, diabetes, and other diseases in developing regions. Growth within the market is especially driven by factors like the increasing population, the necessity to expand healthcare access, the growing prevalence of chronic diseases and conditions, a shortage of physicians, advancements in telecommunications, and government support and raising awareness. Nevertheless, regional variations in regulations, fraud, and therefore the use of social media for care provision will affect market growth negatively during the forecast period. The global market is segregated on the basis of Component as Software & services and Hardware. Based on Mode of Delivery the global market is segmented in Cloud-based and On-Premise. Based on Application the global market is segmented in Teleradiology, Tele-consultation, Tele-ICU, Tele-stroke, Tele-psychiatry, Tele-dermatology, and Other Applications. Based on End User, the global market is segmented in Providers, Payers, Patients, and Other End Users.
The global market report provides geographical analysis covering regions, such as The market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Koninklijke Philips, Medtronic, Ge Healthcare, Cerner Corporation, Siemens Healthineers Ag, Cisco Systems, Asahi Kasei Corporation, Iron Bow Technologies, American Well, Teladoc Health, and others are among the major players in the market. The companies studied in terms of product strategy and various n several growths and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.
The global Telehealth market has been segmented as below:
By Component
- Software & services
- Hardware
By Mode of Delivery
- Cloud-based
- On-Premise
By Application
- Teleradiology
- Tele-consultation
- Tele-ICU
- Tele-stroke
- Tele-psychiatry
- Tele-dermatology
- Other Applications
By End-User
- Providers
- Payers
- Patients
- Other End Users
By Region
- Europe
- North America
- Asia Pacific
- Rest of The World
Telehealth Market, By Company
- Koninklijke Philips
- Medtronic
- Ge Healthcare
- Cerner Corporation
- Siemens Healthineers Ag
- Cisco Systems
- Asahi Kasei Corporation
- Iron Bow Technologies
- American Well
- Teladoc Health
- Medvivo Group
- Amc Health
- Telespecialists
- Doctor On Demand
- Mdlive
- Globalmed
- Medweb
- Vsee
- Imediplus
- Zipnosis
The report covers the below scope:
- Global market sizes from 2020 to 2026, along with CAGR for 2020-2026
- Market size comparison for 2020 vs 2026, with actual data for 2020, estimates for 2021, and forecast from 2022 to 2026
- Global market trends, covering a comprehensive range of consumer trends & manufacturer trends
- Value chain analysis covering participants from raw material suppliers to the downstream buyer in the market
- Major market opportunities and challenges in the forecast timeframe to be focused
- Competitive landscape with analysis of competition pattern, portfolio comparisons, development trends, and strategic management
- Comprehensive company profiles of the key industry players
The years considered for the study are as follows:
- Base year - 2020
- Estimated year - 2021
- Projected year - 2022
- Forecast period - 2022 to 2026
Report Scope:
The global market report scope includes a detailed study covering underlying factors influencing the industry trends. The report covers the analysis of regional and country-level market dynamics. The scope also covers a competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes a detailed competitive outlook covering market shares and profiles key participants in the market share. Major industry players with significant revenue share include Koninklijke Philips, Medtronic, Ge Healthcare, Cerner Corporation, Siemens Healthineers Ag, Cisco Systems, Asahi Kasei Corporation, Iron Bow Technologies, American Well, Teladoc Health, and others.
Why Buy this Report:
- Gain detailed insights on the Telehealth industry trends
- Find a complete analysis of the market status
- Identify the market opportunities and growth segments
- Analyze competitive dynamics by evaluating business segments & product portfolios
- Facilitate strategy planning and industry dynamics to enhance decision making
Target Audience:
The report targeted the existing players in the industry is as follows:
- Market Manufacturers/Service Providers
- Market Wholesale/Traders
- Investment and Financial Institutions
Free and Paid Customization based on the requirement
Report Content
- Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
- Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach - Segmental Market Analysis
2.5.2 Top-Down Approach - Parent Market Analysis
- Executive Summary
- Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter's Five Force Analysis
- Telehealth Market, By Component
5.1 Introduction
5.2 Software & services
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Hardware
5.3.1 Market Overview
5.3.2 Market Size and Forecast
- Telehealth Market, By Mode of Delivery
6.1 Introduction
6.2 Cloud-based
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 On-Premise
6.3.1 Market Overview
6.3.2 Market Size and Forecast
- Telehealth Market, By Application
7.1 Introduction
7.2 Teleradiology
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Tele-consultation
7.3.1 Market Overview
7.3.2 Market Size and Forecast
7.4 Tele-ICU
7.4.1 Market Overview
7.4.2 Market Size and Forecast
7.5 Tele-stroke
7.5.1 Market Overview
7.5.2 Market Size and Forecast
7.6 Tele-psychiatry
7.6.1 Market Overview
7.6.2 Market Size and Forecast
7.7 Tele-dermatology
7.7.1 Market Overview
7.7.2 Market Size and Forecast
7.8 Other Applications
7.8.1 Market Overview
7.8.2 Market Size and Forecast
- Telehealth Market, By End User
8.1 Introduction
8.2 Providers
8.2.1 Market Overview
8.2.2 Market Size and Forecast
8.3 Payers
8.3.1 Market Overview
8.3.2 Market Size and Forecast
8.4 Patients
8.4.1 Market Overview
8.4.2 Market Size and Forecast
8.5 Other End Users
8.5.1 Market Overview
8.5.2 Market Size and Forecast
- Telehealth Market, By Geography
9.1 Introduction
9.2 Europe
9.2.1 Europe Market, By Component
9.2.2 Europe Market, By Mode of Delivery
9.2.3 Europe Market, By Application
9.2.4 Europe Market, By End User
9.3 North America
9.3.1 North America Market, By Component
9.3.2 North America Market, By Mode of Delivery
9.3.3 North America Market, By Application
9.3.4 North America Market, By End User
9.4 Asia Pacific
9.4.1 Asia Pacific Market, By Component
9.4.2 Asia Pacific Market, By Mode of Delivery
9.4.3 Asia Pacific Market, By Application
9.4.4 Asia Pacific Market, By End User
9.5 Rest of The World
9.5.1 Rest of The World Market, By Component
9.5.2 Rest of The World Market, By Mode of Delivery
9.5.3 Rest of The World Market, By Application
9.5.4 Rest of The World Market, By End User
- Competitive Insights
10.1 Key Insights
10.2 Company Market Share Analysis
10.3 Strategic Outlook
10.3.1 Mergers & Acquisitions
10.3.2 New Product Development
10.3.3 Portfolio/Production Capacity Expansions
10.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
10.3.5 Others
- Company Profiles
(Overview, Key Financials, Recent Developments, Product and Service Offering)
- Koninklijke Philips
- Medtronic
- Ge Healthcare
- Cerner Corporation
- Siemens Healthineers Ag
- Cisco Systems
- Asahi Kasei Corporation
- Iron Bow Technologies
- American Well
- Teladoc Health
- Medvivo Group
- Amc Health
- Telespecialists
- Doctor On Demand
- Mdlive
- Globalmed
- Medweb
- Vsee
- Imediplus
- Zipnosis
The global Telehealth market has been segmented as below:
By Component
- Software & services
- Hardware
By Mode of Delivery
- Cloud-based
- On-Premise
By Application
- Teleradiology
- Tele-consultation
- Tele-ICU
- Tele-stroke
- Tele-psychiatry
- Tele-dermatology
- Other Applications
By End-User
- Providers
- Payers
- Patients
- Other End Users
By Region
- Europe
- North America
- Asia Pacific
- Rest of The World
Telehealth Market, By Company
- Koninklijke Philips
- Medtronic
- Ge Healthcare
- Cerner Corporation
- Siemens Healthineers Ag
- Cisco Systems
- Asahi Kasei Corporation
- Iron Bow Technologies
- American Well
- Teladoc Health
- Medvivo Group
- Amc Health
- Telespecialists
- Doctor On Demand
- Mdlive
- Globalmed
- Medweb
- Vsee
- Imediplus
- Zipnosis