Telehealth Market Report to 2027: A $41+ Billion Opportunity - IMARCGroup.com

According to IMARC Group's latest report, titled "Telehealth Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global telehealth market reached a value of US$ 12.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 41.5 Billion by 2027, exhibiting at a CAGR of 22.2% during 2022-2027.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Telehealth is the term used to describe the provision of health-related services and information through the use of digital and telecommunications technologies. Healthcare practitioners utilise it to remotely arrange administrative meetings and teach medical staff. It makes use of a variety of technologies, including digital photography, audio and video conferencing, remote patient monitoring (RPM), and mobile health (mHealth) applications.

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Market Trends

The need for homecare-based medical treatment, which is extremely susceptible to chronic diseases, is being driven by the ageing population, which is also fueling the market's expansion. Additionally, telehealth enables patients to make online appointments, keep track of their health, and access medical care from a distance. This, along with the introduction of many wearable gadgets like fitness bands to monitor blood pressure, glucose level, sleep patterns, and chronic pain in the body on a regular basis, is boosting the industry. Additionally, it is anticipated that a number of government efforts and the adoption of advantageous regulations will fuel market expansion.

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List of Key Companies Covered in this Market Report:

Aerotel Medical Systems
Allscripts Healthcare LLC
AMD Global Telemedicine Inc.
American Well Corporation
Biotelemetry Inc.
Cerner Corporation
Cisco Systems Inc.
GE Healthcare Inc. (General Electric),
Honeywell Life Care Solutions
Medtronic Inc.
Philips Healthcare
Teladoc Health Inc.

The report has segmented on the basis of component, communication technology, hosting type, application, end-user and geography

Breakup by Component:

Software
Hardware
Services

Breakup by Communication Technology:

Video Conferencing
mHealth Solutions
Others

Breakup by Hosting Type:

Cloud-Based and Web-based
On-Premises

Breakup by Application:

Teleconsultation and Telementoring
Medical Education and Training
Teleradiology
Telecardiology
Tele-ICU
Tele-Psychiatry
Tele-Dermatology
Others

Breakup by End-User:

Providers
Patients
Payers
Others

Breakup by Geography:

North America (U.S. & Canada)
Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
Latin America (Brazil, Mexico)
Middle East & Africa

Key highlights of the report:

Market Performance (2016-2021)
Market Outlook (2022- 2027)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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