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Telehealth Market worth increase $ 14.51 Bn with 27.32% CAGR by 2023 ; Medtronic, GE Healthcare, BioTelemetry Inc, Honeywell, AMD Global Telemedicine, Teladoc, Philips, American Well, InTouch Health

09-24-2018 12:28 PM CET | Health & Medicine

Press release from: Crystal Market Research - Healthcare

Telehealth Market 2018

Telehealth Market 2018

Market Overview:
A research study titled, “Telehealth Market By Component (hardware, Software And Services), Application (radiology, Cardiology, Urgent Care, Remote Icu, Psychiatry, Dermatology And Other Applications) And End User (payers, Providers, Patients And Other End Users)- Global Industry Analysis And Forecast To 2023” published by Crystal Market Research, states that the Telehealth Market was worth USD 1.65 billion in 2014 and is expected to reach approximately USD 14.51 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 27.32% during the forecast period.

Top Key Vendors:
The leading players in the market are
GE Healthcare
BioTelemetry Inc
AMD Global Telemedicine
American Well
InTouch Health
Aerotel Medical Systems Ltd.

The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

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Market Classification:
Telehealth Market, By Component, Estimates and Forecast, 2014-2023($Billion)

Based on component, the software portion has been bifurcated into standalone and integrated. The services fragment has been separated into store & forward, real-time, remote monitoring, and others. The software segment is anticipated to grow significantly over the upcoming years, trailed by the hardware segment. Rising importance for real-time monitoring has brought about significant demand, thereby boosting the growth of the market in this segment.

Telehealth Market, By Application, Estimates and Forecast, 2014-2023($Billion)
Urgent Care
Remote ICU
Other Applications

Telehealth Market, By End User, Estimates and Forecast, 2014-2023($Billion)
Other End Users

Increment in adoption of technologically progressed products and benefits of heart rate monitors, for example, provision of real-time health information, in this way enabling patients to track heart rate from anyplace whenever and counsel with specialists/doctors if there should arise an occurrence of crisis through there smartphones are anticipated to support the development of the telehealth market amid the gauge time frame.

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Regional Outlook:

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia and Rest of South America)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)

Industry Outlook:
Telehealth is characterized as the usage of information technologies and telecommunications to share data and give clinical care, instructions, and public health and authoritative administrations from a distance. The worldwide telehealth market was esteemed at US$ 6.0 Bn in 2016 and is anticipated to extend at a significant CAGR over the forecast period. Rising aged populace, increase in pervasiveness of chronic illnesses, for example, cardiovascular infections, diabetes and others, surge popular for self-care devices/solutions, and progressions in technology in medical imaging and versatile solution for medicinal services are probably going to drive the market amid the forecast period.

Table of Contents:
2.Executive Summary
3.Market Overview
4.Market Analysis by Regions
5.Telehealth Market, By Component
6.Telehealth Market, By End User
7.Telehealth Market, By Application
8.Telehealth Market, By Region
9.Company Profiles
10.Global Telehealth Market Competition, by Manufacturer
10.1.Global Telehealth Revenue and Market Share by Manufacturer (2016-2017)
10.2.Global Telehealth Price by Region (2016-2017)
10.3.Top 5 Telehealth Manufacturer Market Share
10.4.Market Competition Trend
11.Telehealth Market Forecast (2018-2023)

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Application Outlook:
Based on application, the worldwide telehealth showcase has been portioned into radiology, cardiology, earnest care, remote ICU, psychiatry, dermatology, and others. Expanding exercises of R&D in mobile medical imaging frameworks and its enable patients to take demonstrative pictures from smartphone and provide it with the physician. This factor is in charge of the proceeding with strength of the segment.

What our Report offers:

Telehealth Market share assessments for the regional and country level segments.

Telehealth Market share analysis of the top industry players.

Strategic recommendations for the new entrants.

Competitive landscaping mapping the key common trends.

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About Crystal Market Research:
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.

Contact Us:
304 South Jones Blvd, Suite 1896,
Las Vegas NV 89107,
United States
Toll Free: +1-888-213-4282

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