Telehealth Market to 2025 Analysis and Forecasts by AMD Global Telemedicine, Honeywell Life Care Solutions, Tunstall Healthcare, Philips Healthcare, Medtronic, Cerner Corporation, Cisco Systems, Aerotel Medical Systems, Medvivo Group and American Well
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Growing aging population, increase in number of chronic diseases, and increasing demand for home monitoring devices are the major drivers which are likely to aid the growth of telehealth market. Rising technological advancements and enhancing demand for home monitoring solutions are likely to add new opportunities for this market in the coming years.
Major Key Player:-
- AMD Global Telemedicine, Inc.
- Philips Healthcare
- Cisco Systems, Inc.
- Cerner Corporation
- Tunstall Healthcare
- Aerotel Medical Systems Ltd.
- Honeywell Life Care Solutions
- Medvivo Group Ltd.
- American Well
The Global Telehealth Market research study is a designed especially for business strategists, industry executives, marketing, sales and product managers & consultants highlighting value drivers that may provide a competitive advantage to the business, giving an upper hand in the industry. What differentiation strategist should bring in product or services understanding the competitor moves and consumer behavior to make them more appealing? The study is the result of extensive primary and secondary research and some of the key vendors that are mentioned in the report and driving the market For a full, detailed list, view our report, Market challenge, Popularity of alternate immersive learning platforms, For a full, detailed list, view our report & Market trend.
The telehealth market is estimated to grow at a CAGR of 15.7% during the forecast period from 2018 to 2025. The market for telehealth is estimated to reach US$ 52,897.2 Mn in 2025.
In our study, we have segmented the telehealth market by product, type, mode of delivery and end user. Based on product, global telehealth market is segmented as integrated and standalone. Based on type, the market is segmented into software, hardware and services. The mode of delivery segment is classified as on-premise, cloud-based and web-based. In the basis of end user the global market of telehealth is segmented into patients, prayers and healthcare providers. Geographically, the market for telehealth is segmented into North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South and Central America (S&CAM).
The market is witnessing a potential growth rate during the previous years and is expected to witness similar trend in the coming years. Additionally, major players in the market are engaged in research and development activities. These players have been upgrading their product portfolio by applying for approvals as well as launching new products. For instance, in November, 2017, Medtronic plc with the Medtronic Care Management Services (MCMS) business launched the advanced and latest telehealth solutions for supporting the U.S. Department of Veterans Affairs (VA) for Home Telehealth Devices and Services.
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Some of the key questions answered in this report:
• Detailed Overview of Global Telehealth market helps deliver clients and businesses making strategies.
• Influential factors that are thriving demand and constraints in the market.
• What is the market concentration? Is it fragmented or highly concentrated?
• What trends, challenges and barriers will impact the development and sizing of Telehealth market?
• SWOT Analysis of each key players mentioned along with its company profile with the help of Porter's five forces tool mechanism to compliment the same.
• What growth momentum or acceleration market carries during the forecast period?
• Which region is going to tap highest market share in future?
• What Application/end-user category or Product Type may see incremental growth prospects?
• What would be the market share of key countries like United States, France, UK, Germany, Italy, Canada, Australia, Japan, China or Brazil etc.?
• What focused approach and constraints are holding the market tight?
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We are committed to providing highest quality research and consulting services to our customers. We help our clients understand key market trends, identify opportunities, and make informed decisions by providing market research solutions at an affordable cost.
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