Press release
Global Telepsychiatry Market : Industry Size, Share, Growth, Forecasts 2025
This report studies the global Telepsychiatry market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Telepsychiatry market by companies, region, type and end-use industry.
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Telepsychiatry is a branch of telemedicine defined by the electronic delivery of psychiatric services to patients. This typically includes providing psychiatric assessments, therapeutic services, and medication management via telecommunication technology, most commonly videoconferencing.
By leveraging the power of technology, telepsychiatry makes behavioral healthcare more accessible to patients, rather than patients having to overcome barriers, like time and cost of travel, to access the care they need. Forensic telepsychiatry is the use of a remote psychiatrist or nurse practitioner for psychiatry in a prison or correctional facility, including psychiatric assessment, medication consultation, suicide watch, pre-parole evaluations and more. Telepsychiatry can deliver significant cost savings to correctional facilities by eliminating the need for prisoners to be escorted to off-site appointments and psychiatric interventions.
The US is the largest telepsychiatry market at present; followed by the EU this is because they have the required technology in place already and also the required funding from the government or private sector. Given the right reimbursement environment, telepsychiatry has the potential to expand exponentially. Once the financial incentives are properly aligned to maximize population level health outcomes, telepsychiatry will undoubtedly flourish.
At present, the market is developing rapidly and the key players include InSight Telepsychiatry, American Telepsychiatrists, Iris Telehealth, JSA Health, Advanced Telemed Services, FasPsych, Genoa, Encounter Telehealth, Arcadian Telepsychiatry, InnovaTel and etc.
In 2017, the global Telepsychiatry market size was 72 million US$ and it is expected to reach 300 million US$ by the end of 2025, with a CAGR of 22.6% during 2018-2025.
This report focuses on the global top players, covered
InSight Telepsychiatry
American Telepsychiatrists
Iris Telehealth
JSA Health
Advanced Telemed Services
FasPsych
Genoa
Encounter Telehealth
Arcadian Telepsychiatry
InnovaTel
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Market segment by Type, the product can be split into
Routine Telepsychiatry
Forensic Telepsychiatry
Crisis Telepsychiatry
In-home Telepsychiatry
Market segment by Application, split into
Adults
Teenagers
Geriatric Populations
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The study objectives of this report are:
To study and forecast the market size of Telepsychiatry in global market.
To analyze the global key players, SWOT analysis, value and global market share for top players.
To define, describe and forecast the market by type, end use and region.
To analyze and compare the market status and forecast between China and major regions, namely, United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
To analyze the global key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Telepsychiatry are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders
Telepsychiatry Manufacturers
Telepsychiatry Distributors/Traders/Wholesalers
Telepsychiatry Subcomponent Manufacturers
Industry Association
Downstream Vendors
Available Customizations
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Regional and country-level analysis of the Telepsychiatry market, by end-use.
Detailed analysis and profiles of additional market players.
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Table of Contents
Global Telepsychiatry Market Size, Status and Forecast 2025
1 Industry Overview of Telepsychiatry
1.1 Telepsychiatry Market Overview
1.1.1 Telepsychiatry Product Scope
1.1.2 Market Status and Outlook
1.2 Global Telepsychiatry Market Size and Analysis by Regions (2013-2018)
1.2.1 United States
1.2.2 Europe
1.2.3 China
1.2.4 Japan
1.2.5 Southeast Asia
1.2.6 India
1.3 Telepsychiatry Market by Type
1.3.1 Routine Telepsychiatry
1.3.2 Forensic Telepsychiatry
1.3.3 Crisis Telepsychiatry
1.3.4 In-home Telepsychiatry
1.4 Telepsychiatry Market by End Users/Application
1.4.1 Adults
1.4.2 Teenagers
1.4.3 Geriatric Populations
2 Global Telepsychiatry Competition Analysis by Players
2.1 Telepsychiatry Market Size (Value) by Players (2013-2018)
2.2 Competitive Status and Trend
2.2.1 Market Concentration Rate
2.2.2 Product/Service Differences
2.2.3 New Entrants
2.2.4 The Technology Trends in Future
3 Company (Top Players) Profiles
3.1 InSight Telepsychiatry
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services and Solutions
3.1.4 Telepsychiatry Revenue (Million USD) (2013-2018)
3.2 American Telepsychiatrists
3.2.1 Company Profile
3.2.2 Main Business/Business Overview
3.2.3 Products, Services and Solutions
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Telepsychiatry is a branch of telemedicine defined by the electronic delivery of psychiatric services to patients. This typically includes providing psychiatric assessments, therapeutic services, and medication management via telecommunication technology, most commonly videoconferencing.
Scope of the Report:
This report focuses on the Telepsychiatry in Global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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