Press release
Telehealth Market 2018 Dynamics | Global Industry Analysis with Philips, Medtronic, McKesson Co till 2023
The Global Teleheatlh Market is expected to grow at a healthy CAGR of 29.8% during the forecasted period.Telehealth or telemedicine 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, counselling, home health, chronic disease monitoring & management, disaster management, and professional education. Increasing aging population, growing possibility of the non-communicable diseases, especially, chronic diseases, for instance, cardiovascular & metabolic disorders, cancer, diabetes, Alzheimer disease, and other mental health problems drive the growth of the market. High healthcare expenditure and need for the technology improvement provide a push to the growth of the market. On the other hand, high cost of the product and lack of awareness may restrain the market growth.
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Telehealth Market - Key Players
Some of the major players in the global telehealth market are:
• Koninklijke Philips N.V. (the Netherlands)
• Medtronic (Ireland)
• General Electric Company (UK)
• McKesson Corporation (US)
• Care Innovations, LLC. (US)
• Cerner Corporation (US)
• GlobalMedia Group, LLC (US)
• Siemens Healthcare Private Limited (US)
• AMD Global Telemedicine, Inc. (US)
• InTouch Technologies, Inc. (US).
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Telehealth Market - Regional Analysis
America account for the largest market share in the global telehealth market on the account of increasing prevalence of chronic diseases and well-developed technology. Europe is the second leading market in the global the global telehealth market, which is followed by Asia Pacific. Asia Pacific is the fastest growing telehealth market. As per statistics, more than 55% of diabetic patients in the world live in Asia Pacific region. China and India is the growing market for telehealth. Rapidly increasing diabetic & obese population, development in healthcare sector, and increasing digitalization in healthcare industries have created a major market for the telehealth. The Middle East & Africa holds the least share in global telehealth market.
Telehealth Market - Intended Audience
• Medical Devices Manufacturers
• Pharmaceutical Industries
• Research and Development (R&D) Companies
• Medical Research Laboratories
• Academic Medical Institutes and Universities
Telehealth Market - Segmentation
The global telehealth market is segmented on the basis of components, types, and end users.
On the basis of component, the market is segmented into hardware, software, and others. Hardware is further segmented into monitors, medical devices, and others. Monitors are further segmented into blood glucose monitors, blood pressure monitors, ECG monitors, and others.
On the basis of types, the market is segmented into web based, on-premises, and cloud based. On the basis of end users, the market is segmented into hospitals & clinics, pharmaceutical companies, and others.
Some of Major Table of Contents for Telehealth Market Research Report- Global Forecast till 2023
1 Report Prologue
2 Market Introduction
2.1 Introduction
2.2 Scope of Study
2.3 Research Objective
2.4 Assumptions & Limitations
2.4.1 Assumptions
2.4.2 Limitations
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
4 Market Dynamics
Continued…
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In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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