Telemental Health Market (COVID - 19 Updates) 2020 A look At Current And Upcoming Growth, Leading Players are McKesson Corporation (US), Koninklijke Philips N.V. (Netherlands), Otsuka America Pharmaceutical Inc. (US), Cerner Corporation (US)

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Market Analysis: Global Telemental Health Market 

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.

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.

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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.

Telemental Health Market Drivers :

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

Telemental Health Market Restraints :

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

Telemental Health Market : By Geography

North America
Europe
Asia-Pacific
South America
Middle East and Africa

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.

Reasons to Purchase this Report :

Current and future of global telemental health market outlook in the developed and emerging markets

The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period

Regions/Countries that are expected to witness the fastest growth rates during the forecast period

The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

All segmentation provided above in this report is represented at country level

All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

Telemental Health Market Reports - Table of Contents
1. Preface
    1.1. Market Definition and Scope
    1.2. Market Segmentation
    1.3. Key Research Objectives
    1.4. Research Highlights
2. Assumptions and Research Methodology
3. Executive Summary: Global Telemental Health Market
4. Market Overview
    4.1. Introduction
    4.2. Overview
    4.3. Market Dynamics
    4.4. Porter’s Five Force Analysis
5. Key Insights
    5.1. Technological Advancements
    5.2. Pricing Analysis
    5.3. Recent Developments
6. Global Telemental Health Market Analysis and Forecast, By Product
7. Global Telemental Health Market Analysis and Forecast, By Detector
8. Global Telemental Health Market Analysis and Forecast, By Technology
9. Global Telemental Health Market Analysis and Forecast, By Application
10. Global Telemental Health Market Analysis and Forecast, By End-user
11. Global Telemental Health Market Analysis and Forecast, By Region
12. North America Telemental Health Market Analysis and Forecast
13. Europe Telemental Health Market Analysis and Forecast
14. Asia Pacific Telemental Health Market Analysis and Forecast
15. Latin America Telemental Health Market Analysis and Forecast
16. Middle East & Africa Telemental Health Market Analysis and Forecast
17. Competitive Landscape

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