Global Telehealth market Witnessing Robust Growth and Growing at the CAGR of 14% during forecast period
Telehealth is the combined use of medical devices and communication technologies to diagnose, analyze and monitor diseases and symptoms.
(EMAILWIRE.COM, February 13, 2019 ) Telehealth is the combined use of medical devices and communication technologies to diagnose, analyze and monitor diseases and symptoms. The Telehealth industry makes use of telecommunication technologies to deliver health care, health information or health education at a distance. Also referred to as telemedicine, e-health or e-medicine, Telehealth is the overall term for the world of virtual care delivery as it encompasses a broad variety of technologies and tactics to deliver virtual healthcare solutions. Telehealth consulting services make it easier for patients to get a consultation from healthcare providers irrespective of their location.
The global Telehealth market is estimated to be valued at USD 25.30 billion in 2022, growing at a CAGR of 14% during 2014-2022.
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This Telehealth report takes into consideration two segments by technology and by application. Under technology segment, Remote Patient Monitoring, mHealth, and Video Telemedicine are included. The application segment consists of Teledermatology, Teleradiology, Telecardiology, Telepathology, and Others (Teleaudiology and Teleophthalmology).
Remote Patient Monitoring dominates the Telehealth technology segment with a 65% market share in 2014 and is projected to remain so through 2022. mHealth holds the second largest share with a significant CAGR of 18% through 2014-2022. Video Telemedicine contributes the least market share to Telehealth with a significant CAGR of 13%.
Teledermatology segment holds the largest share in 2014 but with the lowest growth rate. Teleradiology contributes the second highest share with an average CAGR of about 12%. Telecardiology is expected to dominate the application segment in 2022. Telepathology holds the least share throughout 2014-2022, out of the four mentioned segments with 17% CAGR.
Key growth factors
The incidence of chronic diseases requires continuity in treatment and care. Most patients are unable to make regular visits to hospitals because of their poor health conditions. So, the prevalence of chronic diseases serves as a major driver for the Telehealth market. Other key drivers are the emergence of mobile health hubs, advancement of healthcare technology and infrastructure and the expected growth in wearable technology.
Threats and key players
Although the global Telehealth market shows positive growth, it is not free from obstacles and challenges. Some of the critical threats are high installation charges of the Telehealth devices and Telehealth systems, lack of reimbursement policies, problems in practice regulations and licensing and lack of awareness of the technology spread.
Additionally, low internet penetration and lack of healthcare technology and infrastructure in some regions plays a significant role in restricting the expansion of global Telehealth solutions. Notably, most of the Middle Eastern and African countries face various infrastructural and economic challenges.
......
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Table Of Content
Chapter 1: Executive Summary
1.1 Market Scope and Segmentation
1.2 Key questions answered in this study
1.3 Executive Summary I
1.4 Executive Summary II
Chapter 2: Market Overview
2.1. Market Definitions
2.2. Global Market Overview
2.3. Global Market Drivers and Challenges
2.4. Global Market Trends
2.5 Value Chain
2.6. Global Market Overview by Geographies
2.6.1. Market Overview - North America
- Major Drivers, Challenges, Trends
- Revenue Contribution & CAGR
2.6.2. Major Five Companies North America
2.6.3. Market Overview - Europe
- Major Drivers, Challenges, Trends
- Revenue Contribution & CAGR
2.6.4. Major Five Companies Europe
2.6.5. Market Overview - Asia Pacific (APAC)
- Major Drivers, Challenges, Trends
- Revenue Contribution & CAGR
2.6.6. Major Five Companies Asia Pacific
2.6.7. Latin America (LATAM)
- Major Drivers, Challenges, Trends
- Revenue Contribution & CAGR
2.6.8. Major Five Companies Latin America
2.6.9. Middle East and Africa (MEA)
- Major Drivers, Challenges, Trends
- Revenue Contribution & CAGR
2.6.10. Major Five Companies Middle East and Africa
Chapter 3: Major Segment Overview By Technology
3.1. Segment Overview - Market Share, Revenue and CAGR
3.2. Segment Overview By Region
3.2.1. Segment Overview North America
- Market Share & Market Revenue
- Market Drivers & Key Highlights
3.2.2. Segment Overview - Europe
- Market Share & Market Revenue
- Market Drivers & Key Highlights
3.2.3. Segment Overview - Asia Pacific
- Market Share & Market Revenue
- Market Drivers & Key Highlights
3.2.4. Segment Overview - Latin America
- Market Share & Market Revenue
- Market Drivers & Key Highlights
3.2.5. Segment Overview Middle East and Africa
- Market Share & Market Revenue
- Market Drivers & Key Highlights
Chapter 4: Major Segment Overview By Application
4.1. Segment Overview - Market Share, Revenue and CAGR
4.2. Segment Overview By Region
4.2.1. Segment Overview North America
- Market Share & Market Revenue
- Market Drivers & Key Highlights
4.2.2. Segment Overview - Europe
- Market Share & Market Revenue
- Market Drivers & Key Highlights
4.2.3. Segment Overview - Asia Pacific
- Market Share & Market Revenue
- Market Drivers & Key Highlights
4.2.4. Segment Overview - Latin America
- Market Share & Market Revenue
- Market Drivers & Key Highlights
4.2.5. Segment Overview Middle East and Africa
- Market Share & Market Revenue
- Market Drivers & Key Highlights
Chapter 5: Competitive Landscape
5.1. Major Company Profiling
5.1.1. Company Overview - McKesson Corporation
- Company Snapshot
- Product Offerings
- Growth Strategies
- Initiatives
- Geographical Presence
- Key Numbers
5.1.1(A) Executive Team
5.1.2. Company Overview - Medtronic Inc.
- Company Snapshot
- Product Offerings
- Growth Strategies
- Initiatives
- Geographical Presence
- Key Numbers
5.1.2(A) Executive Team
5.1.3. Company Overview - Cisco Systems
......
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The global Telehealth market is estimated to be valued at USD 25.30 billion in 2022, growing at a CAGR of 14% during 2014-2022.
Download Free Report Sample (PDF) Here:https://www.researchreporthub.com/report/global-telehealth-market/11252/#requestforsample
This Telehealth report takes into consideration two segments by technology and by application. Under technology segment, Remote Patient Monitoring, mHealth, and Video Telemedicine are included. The application segment consists of Teledermatology, Teleradiology, Telecardiology, Telepathology, and Others (Teleaudiology and Teleophthalmology).
Remote Patient Monitoring dominates the Telehealth technology segment with a 65% market share in 2014 and is projected to remain so through 2022. mHealth holds the second largest share with a significant CAGR of 18% through 2014-2022. Video Telemedicine contributes the least market share to Telehealth with a significant CAGR of 13%.
Teledermatology segment holds the largest share in 2014 but with the lowest growth rate. Teleradiology contributes the second highest share with an average CAGR of about 12%. Telecardiology is expected to dominate the application segment in 2022. Telepathology holds the least share throughout 2014-2022, out of the four mentioned segments with 17% CAGR.
Key growth factors
The incidence of chronic diseases requires continuity in treatment and care. Most patients are unable to make regular visits to hospitals because of their poor health conditions. So, the prevalence of chronic diseases serves as a major driver for the Telehealth market. Other key drivers are the emergence of mobile health hubs, advancement of healthcare technology and infrastructure and the expected growth in wearable technology.
Threats and key players
Although the global Telehealth market shows positive growth, it is not free from obstacles and challenges. Some of the critical threats are high installation charges of the Telehealth devices and Telehealth systems, lack of reimbursement policies, problems in practice regulations and licensing and lack of awareness of the technology spread.
Additionally, low internet penetration and lack of healthcare technology and infrastructure in some regions plays a significant role in restricting the expansion of global Telehealth solutions. Notably, most of the Middle Eastern and African countries face various infrastructural and economic challenges.
......
Get Discount & Customization of this Report Here:https://www.researchreporthub.com/report/global-telehealth-market/11252/
Table Of Content
Chapter 1: Executive Summary
1.1 Market Scope and Segmentation
1.2 Key questions answered in this study
1.3 Executive Summary I
1.4 Executive Summary II
Chapter 2: Market Overview
2.1. Market Definitions
2.2. Global Market Overview
2.3. Global Market Drivers and Challenges
2.4. Global Market Trends
2.5 Value Chain
2.6. Global Market Overview by Geographies
2.6.1. Market Overview - North America
- Major Drivers, Challenges, Trends
- Revenue Contribution & CAGR
2.6.2. Major Five Companies North America
2.6.3. Market Overview - Europe
- Major Drivers, Challenges, Trends
- Revenue Contribution & CAGR
2.6.4. Major Five Companies Europe
2.6.5. Market Overview - Asia Pacific (APAC)
- Major Drivers, Challenges, Trends
- Revenue Contribution & CAGR
2.6.6. Major Five Companies Asia Pacific
2.6.7. Latin America (LATAM)
- Major Drivers, Challenges, Trends
- Revenue Contribution & CAGR
2.6.8. Major Five Companies Latin America
2.6.9. Middle East and Africa (MEA)
- Major Drivers, Challenges, Trends
- Revenue Contribution & CAGR
2.6.10. Major Five Companies Middle East and Africa
Chapter 3: Major Segment Overview By Technology
3.1. Segment Overview - Market Share, Revenue and CAGR
3.2. Segment Overview By Region
3.2.1. Segment Overview North America
- Market Share & Market Revenue
- Market Drivers & Key Highlights
3.2.2. Segment Overview - Europe
- Market Share & Market Revenue
- Market Drivers & Key Highlights
3.2.3. Segment Overview - Asia Pacific
- Market Share & Market Revenue
- Market Drivers & Key Highlights
3.2.4. Segment Overview - Latin America
- Market Share & Market Revenue
- Market Drivers & Key Highlights
3.2.5. Segment Overview Middle East and Africa
- Market Share & Market Revenue
- Market Drivers & Key Highlights
Chapter 4: Major Segment Overview By Application
4.1. Segment Overview - Market Share, Revenue and CAGR
4.2. Segment Overview By Region
4.2.1. Segment Overview North America
- Market Share & Market Revenue
- Market Drivers & Key Highlights
4.2.2. Segment Overview - Europe
- Market Share & Market Revenue
- Market Drivers & Key Highlights
4.2.3. Segment Overview - Asia Pacific
- Market Share & Market Revenue
- Market Drivers & Key Highlights
4.2.4. Segment Overview - Latin America
- Market Share & Market Revenue
- Market Drivers & Key Highlights
4.2.5. Segment Overview Middle East and Africa
- Market Share & Market Revenue
- Market Drivers & Key Highlights
Chapter 5: Competitive Landscape
5.1. Major Company Profiling
5.1.1. Company Overview - McKesson Corporation
- Company Snapshot
- Product Offerings
- Growth Strategies
- Initiatives
- Geographical Presence
- Key Numbers
5.1.1(A) Executive Team
5.1.2. Company Overview - Medtronic Inc.
- Company Snapshot
- Product Offerings
- Growth Strategies
- Initiatives
- Geographical Presence
- Key Numbers
5.1.2(A) Executive Team
5.1.3. Company Overview - Cisco Systems
......
Get Complete TOC with Figures and Tables Here:https://www.researchreporthub.com/report/global-telehealth-market/11252/#toc
Research Report Hub
Research Report Hub offers wide-ranging collection of market research reports under virtually every market verticals and sub-categories from different publishers across the globe. We offer reliable market intelligence reports and report customization services to better understand current and projected market scenarios. It also gives a clearer depiction of industries and facilitates to simply perceive competitor activity in the respective industry. Our services are also geared towards helping organizations procure market reports at the finest price.
About US
Research Report Hub
Sector 04, Plot 101, Sant Nagar,
Moshi PCNDTA, Pune, 412105
Maharashtra, India
Web:www.researchreporthub.com
Find us on: <||>rnhttps://www.facebook.com/reasearchreporthub/ <||>rnhttps://twitter.com/hub_report <||>rnhttps://www.linkedin.com/company/research-report-hub/
Contact Information:
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Tel: +91 84484 44687
Email us
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Research Report Hub
Prakriti Mathur
Tel: +91 84484 44687
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results