Telehealth Market By Component, Application And End User - Global Industry Analysis And Forecast To 2023

This study provides insights about the Telehealth Market in regards to its uses and benefits. We at Crystal Market Research (CMR) provide updated information that is beneficial in decision making regarding business investments.

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.

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.

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Telehealth Market, By Component, Estimates and Forecast, 2014-2023($Billion)
• Hardware
• Software
• Services

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

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

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.

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Regional Outlook and Trend Analysis
On the basis of revenue, North America was the leading business sector for telehealth in 2016, representing 40.0% share inferable from a significant number of the main players situated in the area, extending innovative work exercises, and ascend awareness among individuals. The telehealth market in North America is anticipated to grow at a direct CAGR amid the conjecture time frame. Nonetheless, the market in Asia Pacific is anticipated to witness a relatively higher development rate based on revenue amid the conjecture time frame because of increment in entrance of Internet over the locale and technological progressions, for example, presentation of 3G/4G/5G Internet administrations urging clinics and hospitals to apply telehealth for video counseling and remote monitoring in the area.

By Region
North America (U.S., Canada, Mexico)

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

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

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

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

Major Points Covered in Table of Contents –

1. Introduction

2. Executive Summary

3. Market Overview

4. Market Analysis by Regions

5. Pain Drug Delivery Market, By Technology

6. Pain Drug Delivery Market, By Application

7. Pain Drug Delivery Market, By Region

8. Company Profiles

9. Global Pain Drug Delivery Market Competition, by Manufacturer

10. Pain Drug Delivery Market Forecast (2018-2025)

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This release was published on openPR.