Global Telemental Health Market (COVID - 19 Updates) 2020 to See Stunning Growth Worldwide, Leading Players -AMD Global Telemedicine, Aerotel Medical Systems, Medtronic, F. Hoffmann-La Roche Ltd

Telemental Health Market Report 2020 added by Data Bridge Market Research explores Global Telemental Health Market size, share and growth with forecast to 2027.

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.

Top Key Companies:

Some of the major players operating in telemental health market report are Cisco Systems, Inc., AMD Global Telemedicine, Aerotel Medical Systems, Medtronic, F. Hoffmann-La Roche Ltd., McKesson Corporation, Koninklijke Philips N.V., Otsuka America Pharmaceutical Inc., Cerner Corporation, Allscripts, InTouch Technologies, Inc., Honeywell Life Care Solutions, BioTelemetry, Inc., OBS Medical Ltd., American Well, Empower Interactive, Inc., MDLIVE Medical Group, PA, TalkSession Inc., Talkspace, Virtual Therapy Connect, Teladoc, Inc., wecounsel, Genoa, a QoL Healthcare Company, Medvivo Group Ltd, GlobalMed, TGH Acquisitions Ltd. and Vidyo, Inc. among others.

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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.

Report Drivers and Restraints:

Prevalence of mental disorders in all age groups
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
Government initiatives
Technological advancements in telecommunication infrastructure

Scope of the Report:

The telemental health market is segmented by mental disorders in panic disorder, obsessive-compulsive disorder (OCD), depression and posttraumatic stress disorder.

On the basis of type the market is segmented into telepsychology, telepsychiatry and telebehavioral health.

On the basis of component the market is segmented into services, software and hardware. Services are sub segmented into remote monitoring, real-time interactions and store-and-forward consultations. Software is sub segmented into integrated software and standalone software. Hardware is sub segmented into monitors, smartphones and wireless tools.

By mode of delivery the market is segmented into web-based delivery mode, cloud-based delivery mode and on-premise delivery mode.

By end user the market is segmented into providers, payers and patients.

On the basis of geography, telemental health market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

Competitive Analysis of Global Telemental Health Market:

The telemental health market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of telemental health market for global, Europe, North America, Asia Pacific and South America.

This report consists of below pages:

•             No of pages: 350

•             No of Figures: 60

•             No of Tables: 220 

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