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Telemental Health Market (COVID-19 Impact Analysis) 2020 is Set To Experience Revolutionary Growth, Leading Players are Medtronic, F. Hoffmann-La Roche, Koninklijke Philips N.V., Allscripts, OBS Medical, American Well
Telemental Health Market
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An excellent and precise market research report serves as a backbone for your business when it comes to thrive in the competition. Telemental Health Market report offers a telescopic view of the competitive landscape to the client so that they can plan the strategies accordingly. This Telemental Health Market research report offers an in-depth overview of product specification, technology, product type and production analysis considering major factors such as revenue, cost, gross & gross margin. The report is presented to the clients with full commitment and best possible service is assured depending upon your requirements.
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.
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.
Segmentation: Global Telemental Health Market
Telemental Health Market : By Mental Disorders
Panic disorder
Obsessive-Compulsive Disorder
Depression
Posttraumatic Stress Disorder
Telemental Health Market : By Type
Telepsychology
Telepsychiatry
Telebehavioral Health
Telemental Health Market : By Component
Services
Software
Hardware
Telemental Health Market : By End- User
Providers
Payers
Telemental Health Market : By Mode of Delivery
Web-Based Delivery Mode
Cloud-Based Delivery Mode
On-Premise Delivery Mode
Telemental Health Market : By Geography
North America
Europe
Asia-Pacific
South America
Middle East and Africa
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