Telepsychiatry Market Outlook 2023- American Telepsychiatrists, Iris Telehealth, JSA Health, Advanced Telemed Services, FasPsych, Genoa, Encounter Telehealth

MarketStudyReport.com present the report on Global Telepsychiatry Market by Manufacturers, Regions, Type and Application, forecast to 2023 evaluates the growth trends of the industry through historical study and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2018-2023.

Scope of the Report:
This report focuses on the global Telepsychiatry 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.

The global Telepsychiatry market is valued at 72 million in 2017 and is expected to reach 200 million by the end of 2023, growing at a CAGR of 23.0% between 2017 and 2023.

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.

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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.

Market Segment by Manufacturers, this report covers:
InSight Telepsychiatry, American Telepsychiatrists, Iris Telehealth, JSA Health, Advanced Telemed Services, FasPsych, Genoa, Encounter Telehealth, Arcadian Telepsychiatry, InnovaTel.

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The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Telepsychiatry.

Europe also play important roles in global market, with market size of xx million in 2017 and will be xx million in 2023, with a CAGR of xx%.

Market Segment by Regions, regional analysis covers:
North America (USA, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Columbia etc.), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).

Market Segment by Type, covers:
Routine Telepsychiatry
Forensic Telepsychiatry
Crisis Telepsychiatry
In-home Telepsychiatry

Market Segment by Applications, can be divided into:
Adults
Teenagers
Geriatric Populations

Related Report:

2018-2023 Global Telepsychiatry Market Report (Status and Outlook)

The Report studies the present scenario (with the base year being 2017) and the growth prospects of global Telepsychiatry market for 2018-2023.Telepsychiatry will register a 23.0% CAGR in terms of revenue, reach US$ 200 million by 2023, from US$ 72 million in 2017.

https://www.marketstudyreport.com/reports/2018-2023-global-telepsychiatry-market-report-status-and-outlook/?utm_source=RR-PSR

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