Global Telemental Health Market is Thriving with Rising Latest Trends by 2027 | Top Players-Cisco Systems, Inc. (US), AMD Global Telemedicine, Inc (US), Aerotel Medical Systems (1998) Ltd. (Israel)

This market report involves the drivers and restraints for the GLOBAL TELEMENTAL HEALTH MARKET that are derived from SWOT analysis, and also shows what all the recent developments, product launches, joint ventures, mergers and acquisitions by the several key players and brands that are driving the market are by systemic company profiles. The market data within the report is displayed in a statistical format to offer a better understanding upon the market dynamics. This report provides granular analysis of the market share, segmentation, revenue forecasts and geographic regions of the market

This GLOBAL TELEMENTAL HEALTH MARKET analysis provides the insights which bring marketplace clearly into the focus and thus help organizations make better decisions. The data and the information regarding the industry are taken from consistent sources such as websites, annual reports of the companies, and journals which is then checked and validated by the market experts. GLOBAL TELEMENTAL HEALTH MARKET report has been structured with transparent research studies which makes it of supreme quality. By exactly understanding customer requirement, one or more methods are used to construct this finest market research report. The report provides with CAGR value fluctuation during the forecast period of 2020 - 2025 for the market.

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The market analysis and insights covered in this Global Telemental Health Market business document offers key statistics on the market status of global and regional manufacturers and is an imperative source of guidance which provides exact direction to the companies and individuals interested in the industry. This report contains a bottomless knowledge and information on what the market’s definition, classifications, applications, and engagements are and also explains the drivers and restraints of the market which is derived from SWOT analysis. The important highlights of this market report are key market dynamics, current market scenario and future prospects of the sector.

Global Telemental Health Market  is expected to rise gradually to an estimated value of USD 15.15 billion by 2026, registering a CAGR of 24.65% in the forecast period of 2019-2026 with the annual sales of USD 2.60 billion in the year of 2018. This rise in market value can be attributed to the increasing awareness and concerns regarding the health of patients.

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Key Market Competitors: Global Telemental Health Market 

Few of the major competitors currently working in the telemental health market are Cisco Systems, Inc. (US), AMD Global Telemedicine, Inc (US), Aerotel Medical Systems (1998) Ltd. (Israel), Medtronic (Ireland), F. Hoffmann-La Roche Ltd. (Switzerland), McKesson Corporation (US), Koninklijke Philips N.V. (Netherlands), Otsuka America Pharmaceutical Inc. (US), Cerner Corporation (US), Allscripts (US), InTouch Technologies, Inc. (US), Resideo Technologies, Inc. (US), BioTelemetry, Inc. (US), OBS Medical Ltd. (UK), American Well (US), Empower Interactive, Inc. (US), MDLIVE Inc. (US), TalkSession Inc. (US), Talkspace (US), Virtual Therapy Center, LLC (US), Teladoc, Inc. (US), WeCounsel (US), and few among others.

Market Drivers and Restraints

Prevalence of mental disorders in all age groups is going to drive the market.
Time efficient and low cost services
Rise in acceptance of telemental health
Fewer facilities in the remote areas
Lack of skilled expertise in remote areas
Fewer government initiatives taken in this direction.
Technological advancements in telecommunication infrastructure

Market Definition: Global Telemental Health Market 

Telemental health is a division of Telehealth market. Telemental health, the use of telemedicine technology which provides mental health services from a distance. Additionally, it also provides consultation, supervision, health intervention, assessment, education, and information across distances.

According to World Health Organization, there were approximately 500 million people having mental disorders, almost more than half of these cases could have been avoided with the availability of proper medical treatment. This significant number is expected to act as a driver to the market growth.

Key Developments in the Market:

On 17th April, 2018, AMD Global Telemedicine Inc., announced the development of OnDemand Visit, a direct-to-consumer telehealth platform. OnDemand Visit is a platform for healthcare providers to manage their own virtual care offerings, as an alternative to outsourcing their telemedicine needs and services.
On 5th March, 2019, McKesson Corporation, the global healthcare leader, announced collaboration with technology leader Navigating Cancer, to offer an enhanced Patient Relationship Management (PRM) platform for community-based oncologists. This platform is a comprehensive clinical workflow tool for oncology teams and patients that provides integrated, personalized care.

Table of Contents:

Introduction
Market Segmentation
Market Overview
Executive Summary
Premium Insights
By Component
Product Type
Delivery
Industry Type
Geography
Overview
North America
Europe
Asia-Pacific
South America
Middle East & Africa
Company Landscape
Company Profiles
Related Reports

Insights of the Market in Report

1. The study provides an in-depth analysis of the Global Telemental Health Market along with the current trends and future estimations to elucidate the imminent investment pockets.

2. Comprehensive analysis of the factors that drive and restrict the market growth is provided in the report.

3. Comprehensive quantitative analysis of the industry is provided for the period of 2018-2025 to assist stakeholders to capitalize on the prevailing market opportunities.

4. Extensive analysis of the key segments of the industry helps in understanding the trends in types of Global Telemental Health Market across Glob.

5. Key market players and their strategies have been provided to understand the competitive outlook of the Global Telemental Health Market industry

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