Global Telehealth as a Service Market 2021 In-Depth Analysis Including Top Key Players such as IBM, SilverCloud Health, ACETIAM Connect
Telehealth as a Service was estimated to be US$ 13.15 billion in 2020 and is expected to reach US$ 25.09 billion by 2030, growing at a CAGR of 28.19% over the forecast period. Just like every other industry, healthcare industry has also reinvented itself. With the help of internet, medical services can be accessed from any part of the globe. The accessibility along with increased demand to bring down the costs incurred on health care is taking telehealth as a service market. In today’s times, where the number of young population suffering from chronic diseases is going upwards, the demand for high-quality healthcare at a lower cost is also on a rise. Telehealth as a service market is currently witnessing a favorable scenario as majority of people are seeking consultations from their physicians virtually due to the recent COVID-19 outbreak.
The demand for technology-based healthcare platforms along with favorable initiatives from several governments globally is driving the telehealth as a service market ahead. While this market has numerous driving factors, its growth may be hindered from concerns surrounding the privacy of people using the telehealth service platforms. In the internet-era, where data is considered as new crude, this precious information is more likely to be leaked online.
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Global regions such as, North America, Latin America, Asia-Pacific, Japan and India have been analyzed on the basis of productivity of several industries that gives clear understanding to increase the outcome of the companies. In addition to this, it offers complete analysis of leading key players in terms of product manufacturers and outlines of services.
Some of the major players operating in the telehealth as a service market include IBM, SilverCloud Health, ACETIAM Connect and QARE amongst others.
Despite this, the telehealth as a service market is expected to grow leaps and bounds mainly because of rapidly developing medical infrastructure. While these services are becoming more popular among people living in larger cities courtesy of the convenience factor, the same thing is applicable to the rural population for whom accessing proper medical facilities used to be a bigger problem.
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Key Findings of the Report:
• Telehealth as a service market is expected to benefit immensely by the ongoing COVID-19 pandemic where more people prefer online consultations.
• Software based solution is easier to install and use, it is also preferred by smaller clinics bringing most of the profit for the telehealth as a service market.
• Sale of hardware which includes camera, microphones, monitors and laptops accounts for maximum amount of revenue generated by this market.
• Today more hospitals and clinics are turning towards telehealth services primarily for its appointment management feature.
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Telehealth as a Service Market
o HIPAA- Complaint
o Appointment Management
o Patient Reminders
By End User
o Healthcare Providers
o Home Health
o Medical Centers
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