openPR Logo
Press release


08-21-2020 01:24 PM CET | Health & Medicine

Press release from: Transparency Market Research

Telehealth Market: Overview
The telehealth market is riding on the wave of growth. This is because telehealth is no longer an option, but a necessity due to the increasing dangers of COVID-19. The crisis is serving as an opportunity for the telehealth market to grow at a rapid pace. During this uncertain COVID-19 pandemic, telehealth serves as a boon. With a large populace forced to stay at home due to the lockdowns imposed to flatten the curve of the SARS-CoV-2 pandemic, telehealth technology plays an important role for routine clinical follow-ups and treatment.

Competitors and key players in the telehealth market are coming up with technologies and innovations that are crucial in finding new ways to communicate with various patients to adjust to unprecedented times. Technological improvements related to smartphones and enhanced internet connectivity can also have a positive influence on the telehealth market.

Request Sample Of Report –

The post-lockdown scenario is also of great importance for the telehealth market. Novel technologies will sprout up to reduce visits of the patients to the clinic. Long queues outside the clinic or hospital for consulting with the doctor should be avoided in the post-COVID-19 world, especially for the elderly, who are in the constant need for clinical advice and treatment. Telehealth technologies will also protect clinicians and healthcare professionals from the transmission of the virus. Hence, telehealth technologies will prove to be of great benefit, eventually leading to an increase in the growth rate of the telehealth market.

The global telehealth market is predicted to expand at a CAGR of 13% across the forecast period of 2017 to 2025 and was valued at US$ 6bn in 2016. The telehealth market is growing at a rapid rate and expects to continue to do the same throughout the forecast period. Consistent government support for the telehealth market through acts like the Health Insurance Portability and Accountability Act of 1996 protects patient privacy, which further gives a push to the telehealth market toward growth.

Request the Coronavirus Impact Analysis on this Market –

telehealth market

Cardiology Segment to Account Promising Growth
Based on the application, the telehealth market is classified into radiology, remote ICU, dermatology, psychiatry, and cardiology. The cardiology segment is proving to be a stellar growth generator for the telehealth market. This can be attributed to the rising prevalence of cardiovascular diseases as well as cutting-edge technological innovations taking place in the telehealth market. Cardiac Insight Inc. launched Heart@Home ECG Test Kit to address the telehealth demands of the cardiology segment. It consists of Cardea SOLO Sensor, which the patient wears for a brief period and the results are then mailed to the clinician. The clinician then carries out the diagnosis and creates an ECG report within a time frame of just 5 minutes.

Investors and key players are also showing interest in cardiology telehealth platforms. Optum Ventures recently led an $8.2 million Series A funding to Heartbeat Health, a data-based cardiology platform. Such funding can also bring the cardiology segment in the telehealth market to the forefront. Transparency Market Research predicts the cardiology segment to acquire nearly 19 percent share contribution to the telehealth market across the forecast period.

The psychiatry segment is also expecting a successful run in the forecast period as isolation and social distancing have taken a toll on the mental health of numerous individuals across the globe. In addition, the COVID-19 infected patients also need psychological help to overcome the stress and depression faced due to fear and panic. To avoid direct contact with a COVID-19 patient, telehealth technology is a great option to provide psychiatric help. Furthermore, assisting individuals who are at home through telehealth technology fulfills all the conditions for preventing the spread of SARS-CoV-2. Thus, the telehealth market looks forward to exponential growth from this segment as well.

Buy this Research Report Now –<ype=S

North America to Emerge as a Star Contributor for Growth of Telehealth Market
Regional segments in the telehealth market are Asia Pacific, North America, the Middle East and Africa, Europe, and Latin America. North America seems to dominate the telehealth market and will continue its dominating streak throughout the forecast period. The U.S. has the largest number of COVID-19 cases in the world. Hence, the need for telehealth technology is of utmost importance to the region as the need for home healthcare is considerably rising. In addition, merger and acquisitions by key players to strengthen their position in the region is also proving to be a growth generator for the telehealth market.

More Trending Reports by Transparency Market Research ––product-approvals-to-drive-growth-transparency-market-research-300998453.html


Transparency Market Research,

90 Sate Street, Suite 700,

Albany, NY 12207

Tel: +1-518-618-1030

USA - Canada Toll Free: 866-552-3453

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release COVID-19 ANALYSIS TELEHEALTH MARKET here

News-ID: 2118586 • Views: 365

More Releases from Transparency Market Research

Simultaneous Localization and Mapping Market : Worldwide Industry Analysis and N …
Simultaneous localization and mapping (SLAM) is the process of creating a map with the help of an unmanned vehicle or a robot that navigates the environment. Simultaneous localization and mapping is a system used in robotic cartography or robot mapping. This process uses a complex array of computations, algorithms, and sensory inputs to navigate. It allows the remote creation of geographic information system (GIS) data in circumstances where the surroundings
Foot Care Products Market - Fast changing lifestyle and changing fashion leading …
From blisters to ingrown toenails to arthritis, injured feet present a public health concern. The American Academy of Orthopaedic Surgeons (AAOS) reports that approximately 43.1 million residents in the U.S. suffer from foot problems, which nearly equals to 1 in every 6 people. Foot care products include all products involved in the preventive and remedial care of ankle and foot. Every human being walks about 115,000 miles during his average
Threat Intelligence Platform Market : A Well-Defined Technological Growth Map Wi …
Threat intelligence platform is a solution that automates the manual process of threat intelligence, enables analysts to investigate and respond to cyber threats, and reduces detection time. Demand for threat intelligence is expected to rise in the coming years with the rising number of cybercrimes and cyber-attacks of data theft across the globe Global Threat Intelligence Platform Market – Dynamics Increasing Rate of Data Breach and Cyber Attacks The potential chances of cyber-attacks has
Why Expanded Content Labels Market Will Witness a Staggering Growth During 2021 …
Expanded content labels are content focused based labels, which are designed to increase packaging space to transfer in detail information. They are constructed as booklet label or a multi-ply label, which combines a folded or bound outset and a pressure sensitive label. Expanded content labels market witness a increasing demand owing to the increasing need for labels designing on any product including juice pack, and bottle with a package with

All 5 Releases

More Releases for America

Latin America Colour Cosmetics Market
The colour cosmetics market in Latin America managed to keep its head above water over 2011-2016. The category recorded a CAGR of 1.7% despite a decline in value occurring towards the end of the period, Chile and Argentina offsetting the impact of economic crisis in Brazil and Venezuela. Direct selling still holds strong as the core channel for colour cosmetics purchases in the region but retail infrastructure is rapidly improving
South America Aviation Market
The South American aviation market was affected adversely by the financial crisis, which had originated in the United States and the sales were impacted adversely by the same, but the market has recovered, since. Furthermore, the good performance of regional jets sold by Embraer were termed profitable by users and could certainly turn the tide as aircraft orders from other airlines continue to increase. Rising income levels in the continent
Agrochemicals Market in North America
ReportsWorldwide has announced the addition of a new report title North America: Agrochemicals: Market Intelligence (2016-2021) to its growing collection of premium market research reports. The report “North America: Agrochemicals: Market Intelligence (2016-2021)” provides market intelligence on the different market segments, based on type, active ingredient, formulation, crop, and pest. Market size and forecast (2016-2021) has been provided in terms of both, value (000 USD) and volume (000 KG) in the
Make America Great Again
Help us open our Veterans' Home We don't know them all, but we owe them all... Lake Ariel, PA: FCPCF Inc. and National Auto Raffle invites you to enter the online Charity Auto & 50/50 Raffles ( and help us raise funds to open the doors of veterans' housing facility and provide housing to the homeless Veterans and their families in need. Every 1 in 4 homeless is a Veteran and its time
Latin America Oil & Gas Potential
Produced by The CWC Group, Latin American Oil and Gas Conference takes place on 25 – 27 October 2011, Mandarin Oriental Hotel, Miami, U.S.A. Organisers confirmed that the strategic conference will feature advanced insights from important organisations in the region alongside NOC’s showcases from Brazil, Mexico, Colombia, Trinidad & Tobago, Venezuela, Uruguay and Bolivia. Content centres on the development of the Latin America’s resources, the impact of shale
Mafi Designs America
Austrian Natural Wood Floor manufacturer establishes themselves in the high end New York Lifestyle market. “Successfully building a luxury Brand in the US is very important to our world wide marketing efforts,“ proclaims a happy Philippe S. Pezet, Partner Mafi USA, Inc & Export/Marketing Manger for the manufacturing company Mafi Holzverarbeitung from Austria. The Mafi brand name is recognized by leading architects and decorators in the Big Apple as being the