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Telehealth Market estimated to reach US$ 52,897.2 Mn by 2025 With Medtronic, Cerner Corporation, Tunstall Healthcare, AMD Global Telemedicine, Inc. And Others
Telehealth Market
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The global telehealth market is a mature market in the developed countries as well as in developing economies worldwide. The technological advancements in telehealth products such as integrated and standalone in the recent years are expected to bolster the market growth. Among the products, the demand for the telehealth is significantly high for integrated, followed by standalone. Integrated telehealth products are used in EHR platforms in hospitals store data digitally. The data include patient medical history patient encounter, audio and visual recording notes creating a digital patient history. Integrated telehealth products enables integration of EHR platform and other devices to connect and communicate directly using a mobile or devices to deliver patient care. Furthermore, adoption of ICT techniques can be another factor which likely to drive the growth of the telehealth market during the forecast period.
The market for telehealth is well established in the region of North America, owing to the awareness regarding medical practices and technological developments in the telehealth. Various market players have been focusing towards shifting their customer base in North America. However, in Asia-Pacific region, China has a well-defined telehealth systems present in its healthcare systems also the EHR systems are adopted by various providers. The high growth of this region can be attributed to increasing geriatric population and growing technological advancements that enable mobile telehealth in rural and urban areas.
The key players operating in the field of telehealth market worldwide include Medtronic, Cerner Corporation, Tunstall Healthcare, AMD Global Telemedicine, Inc., Philips Healthcare, Cisco Systems, Inc., Aerotel Medical Systems Ltd., Honeywell Life Care Solutions, Medvivo Group Ltd., American Well among others.
The report segments the global telehealth market as follows:
Global Telehealth Market - By Product
Integrated
Standalone
Global Telehealth Market - By Type
Software
Hardware
Services
Global Telehealth Market - By Mode of Delivery
On-Premise
Web-Based
Cloud-based
Global Telehealth Market - By End Users
Healthcare providers
Payers
Patients
Global Telehealth Market - By Geography
North America
Europe
Asia Pacific (APAC)
Middle East & Africa (MEA)
South & Central America (SCAM)
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