Press release
Telehealth Market Insights, Forecast 2018 to 2024: By Product, Application, Manufacturer, Sales and Segmentation
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Global Telehealth Market: North America has amassed the growth in Telehealth Market
The global Telehealth market has been dominated by the North America region over the historic period 2015-16 followed by Europe.
Presence of advanced health IT infrastructure, growing incidences of chronic diseases as well high & early acceptance among the customers across this region are the prime factor responsible for the growth of Telehealth market in this region.
Growing awareness about the benefits associated with telehealth services, Rise in the aging population and growing government initiatives for the adoption of telehealth services are anticipated to boost the market for Telehealth.
Increasing advancement in Telecommunications sector to boost the growth in Telehealth Market
Increasing advancement in Telecommunications sector is one of the recent trends in the global Telehealth market. Moreover, this trend is further anticipated to drive the global Telehealth market over the forecast period.
Moreover, telecommunications sector will witness new advancements in the upcoming years which will open doors for telehealth services to massively expand the market over the forthcoming period.
Rising incidences of chronic diseases
Rising incidences of chronic diseases is the key factor responsible for the growth of global Telehealth market.
Moreover, due to the increase in number of chronic disease such as diabetes, asthma and cancer there is huge demand for telehealth services as they can ease physician shortages, provide improved access to healthcare facilities and growing popularity for mobile health.
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Leading vendors in the market are concentrating on entering into collaborations, partnership and strategic alliances to expand their product offerings and gain market potential which is anticipated to bring more opportunities and chances of growth.
The leading companies identified in the market as Vidyo, Inc., Philips Healthcare, Honeywell Life Care Solutions, Medtronic PLC, Care Innovations (A Subsidiary of Intel Corporation), Tunstall Healthcare, Aerotel Medical Systems Ltd., Globalmedia Group, LLC, Intouch Health, and AMD Global Telemedicine, Inc.
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