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Global Telehealth Market Report - What are manufacturers upcoming industry trends?
Telehealth market is projected to grow up to USD 72.21 billion by 2027 growing at a CAGR of 17.09% during the forecasting period 2021-2027Telehealth service connects to the distribution of health-related services and knowledge through electronic information and communication technologies. This enables patients to access healthcare services remotely. Telehealth bonds the patients with health services through wireless communications, videoconferencing, and remote monitoring. Information is skilled telecommunication where a patient can access the treatment from the clinician and may take advice without approaching the doctor and without going out for the hospital.
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Based on the application of Telehealth services market segmented into Teleradiology, Tele consultation, Tele-ICU, Tele-stroke, Tele-psychiatry, and Tele-dermatology. Teleradiology has achieved a major share in the telehealth market in the last year due to increasing mental health issues among people. The insufficient health services providers give the scope of opportunities in the telehealth industry to fulfill the demand of the end-users.
The market components cover the segments of Software & Services and Hardware. Telehealth market is divided based on the end-user includes Providers, Payers, and Patients.
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The key players include Teladoc, Doctor on Demand, GE Healthcare, SnapMD, Encounter Telehealth, GlobalMed, HelloMD, MDLIVE Inc, InTouch Technologies, Dictum Health, Inc., LLC, and American Well.
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Gain comprehensive insights on the Telehealth industry & market trends
Note complete analysis of the market status
Recognize the market opportunities and growth segments
Evaluating business segments & product portfolios, and interpret competitive dynamics
Facilitate strategy planning and industry dynamics to strengthen decision making
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Telehealth Market
The Telehealth Market is estimated to reach USD 70.19 Billion by 2026, from USD 26.4 Billion in 2020 and registering a CAGR of 17.7% during the forecast period.
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Telehealth Market Segmentation
Telehealth Market By Component (Services, Hardware, and Software), Application (Teleradiology, Tele-consultation, Tele-ICU, Tele-stroke, Tele-psychiatry, Tele-dermatology), End Users (Hospitals and Clinics, Diagnostic Centers, Home Care, and Others), Geography (North America, Europe, APAC, and RoW)
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