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Telehealth Market Future Growth till 2025 | Medtronic, Cerner, Tunstall Healthcare, AMD Global Telemedicine, Philips Healthcare, Cisco Systems, Aerotel Medical Systems, Honeywell Life Care Solutions, Medvivo Group, American Well

03-18-2020 11:01 AM CET | IT, New Media & Software

Press release from: Premium Market Insights

Telehealth Market - Premium Market Insights

Telehealth Market - Premium Market Insights

The growth of the telehealth market can be attributed to the increasing adoption of the home monitoring programs for the treatment. Home monitoring programs are designed to help patients with frequent ER visits or re-hospitalization to receive treatment in the comfort of their home. The goal of the Home monitoring programs is to reduce the hospital readmissions or trips to the physician and reduce length of stays in hospitals.

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For instance, in November, 2017, Medtronic launched a new telehealth service with the Medtronic Care Management Services that support the U.S. Department of Veterans Affairs (VA) for Home Telehealth Devices and Services. Furthermore, improvement in ICT technologies is expected to offer wide growth opportunities for the players operating in the telehealth market during the forecast period.

Strategic approaches by major players such as geographical expansions, new product launches, partnerships, and collaborations in the market also are expected to accelerate the market growth. For instance, in May 2018, American Well launched AW11, which is the latest telehealth to offer the video visits to patients. Such product launches increase the commercial availability of the product and services and thus bolster the market growth.

The List of companies covered in this Reports are:
1. Medtronic
2. Cerner Corporation
3. Tunstall Healthcare
4. AMD Global Telemedicine, Inc.
5. Philips Healthcare
6. Cisco Systems, Inc.
7. Aerotel Medical Systems Ltd.
8. Honeywell Life Care Solutions
9. Medvivo Group Ltd.
10. American Well

North America is anticipated to hold significant share in the global telehealth market, owing to factors such as government initiatives, investments made by the major companies, and advancements in ICT and remote monitoring technologies, coupled with high acceptance among the customers especially in the US and Canada. The demand for telehealth is anticipated to increase at a considerable rate in Asia-Pacific region during the forecast period, owing to increasing demand in China. 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.

For Purchase this report: https://www.premiummarketinsights.com/buy/TIP00003741

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Name: Sameer Joshi
Email: sales@premiummarketinsights.com
Organization: Premium Market Insights
Phone: +1-646-491-9876

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