Telehealth Market analysis with future prospects to 2024 | McKesson, Cisco Systems, GE Healthcare, Allscripts Healthcare

A new business intelligence report released by HTF MI with title “Global Telehealth Market (2018-2024)” that targets and provides comprehensive market analysis with future prospects to 2024. The analysts of the study have garnered extensive research methodologies and data sources (i.e Secondary & Primary Sources) in order to generate collective and useful information that delivers latest market undercurrents and industry trends. Some Major Players involved McKesson Corporation, Medtronic Inc., Cisco Systems, GE Healthcare, Allscripts Healthcare, Siemens Healthineers, LifeWatch AG, Philips Healthcare, Honeywell, Cerner Corporation, etc.

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If you are involved in the Global Telehealth industry or intend to be, then this study will provide you comprehensive outlook. It’s vital you keep your market knowledge up to date segmented by major players. If you have a different set of players/manufacturers according to geography or needs regional or country segmented reports we can provide customization according to your requirement.

The telehealth market is witnessing a higher adoption rate owing to an increasing geriatric population, prevalence of chronic diseases, and higher government spending on healthcare. Telehealth has made it possible to provide better healthcare services by bridging the gap between doctors and patients. These factors are expected to drive the market, helping it expand at a CAGR of 14.1% during the 2017-2022 period.

Technology segment insights:

Remote patient monitoring (RPM) occupied a market share of 63% in 2017, being the most prevalent telehealth technology. Recent regulations in countries like the United States (U.S.), Canada, and the United Kingdom (U.K.), mandate the imposition of fines on readmission of patients within 30 days of discharge. These regulations, along with rising healthcare costs, are the significant drivers of RPM adoption. Mobile health (mHealth), having held a market share of 22% in the same year, shows a lot of promise in the wide distribution of medical information to both patients and medical practitioners. Video telemedicine accounted for a share of 15% in 2017.

Application segment insights:

The adoption of teledermatology is the highest among the application segments, due to the high cost of specialty healthcare. This segment includes dermatology and makes available advanced imaging technologies. Close on its heels are teleradiology (25%) and telecardiology (24%). Telecardiology is driven by the higher prevalence of cardiac ailments across the world, and specific heart conditions like cardiac arrhythmia which require constant monitoring over a long period. Cancer patients need regular check-ups, which may not be possible for patients who stay far from hospitals. Teleradiology is a boon for these patients, allowing them to lead healthy lives.

Regional insights:

North America has exhibited the highest adoption of telehealth technologies and occupied approximately 49% of the global market in 2017. The region has stringent healthcare regulations, along with a high incidence of chronic diseases and steep healthcare expenses for employers, all of which resulted in the broader implementation of telehealth. Significant government investments in developing telehealth infrastructure have led to the growth of the market in Europe. Currently, the region accounts for a 33% market share. Asia-Pacific, Latin America, and the Middle East and Africa are nascent markets which are expected to exhibit high growth in the future.

Companies covered:

1. McKesson Corporation

2. Medtronic Inc.

3. Cisco Systems

4. GE Healthcare

5. Allscripts Healthcare

6. Siemens Healthineers

7. LifeWatch AG

8. Philips Healthcare

9. Honeywell

10. Cerner Corporation

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Market Analysis by Geographies:
This report is segmented into key Regions North America, Europe, Asia-Pacific etc with Production Development, Sales, and Regional Trade & Forecast.
Stay up-to-date with Global Telehealth market research offered by HTF MI. Check how key trends and emerging drivers are shaping this industry growth as the study avails you with market characteristics, size and growth, segmentation, regional breakdowns, competitive landscape, shares, trend and strategies for this market. In the Telehealth Market Analysis & Forecast 2019-2024, the revenue is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2024, growing at a CAGR of XX% between 2019 and 2025. The production is estimated at XX million in 2018 and is forecasted to reach XX million by the end of 2024, growing at a CAGR of XX% between 2019 and 2024.

Early buyers will receive 10% customization on reports. Read Detailed Index of full Research Study at @ https://www.htfmarketreport.com/reports/1610210-global-telehealth-market-9

Some of the Points cover in Global Telehealth Market Research Report is:

Chapter 1: Overview of Global Telehealth Market (2013-2025)
• Definition
• Specifications
• Classification
• Applications
• Regions

Chapter 2: Market Competition by Players/Suppliers 2013 and 2018
• Manufacturing Cost Structure
• Raw Material and Suppliers
• Manufacturing Process
• Industry Chain Structure

Chapter 3: Sales (Volume) and Revenue (Value) by Region (2013-2018)
• Sales
• Revenue and market share

Chapter 4, 5 and 6: Global Telehealth Market by Type, Application & Players/Suppliers Profiles (2013-2018)
• Market Share by Type & Application
• Growth Rate by Type & Application
• Drivers and Opportunities
• Company Basic Information

Chapter 7, 8 and 9: Global Telehealth Manufacturing Cost, Sourcing & Marketing Strategy Analysis
• Key Raw Materials Analysis
• Upstream Raw Materials Sourcing
• Marketing Channel

Chapter 10 and 11: Telehealth Market Effect Factors Analysis and Market Size (Value and Volume) Forecast (2019-2025)
• Technology Progress/Risk
• Sales Volume, Revenue Forecast (by Type, Application & Region)

Chapter 12, 13, 14 and 15: Global Telehealth Market Research Findings and Conclusion, appendix and data source
• Methodology/Research Approach
• Data Source (Secondary Sources & Primary Sources)
• Market Size Estimation

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Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

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