Press release
Telehealth Services Market Trends, Research Report, Growth, Opportunities and Forecast 2023-2029
The global telehealth services market is anticipated to grow at a considerable CAGR of 4.9% during the forecast period. The key factors that are contributing to the global telehealth services market growth are increasing healthcare expenditure and advancement in the healthcare sector. Thus, these investments and advancements are influencing positive growth. For instance,In August 2021, Biden-Harris Administration Invests over $19 Million to Expand Telehealth Nationwide and improve health in rural, other underserved communities. These investments totaling over $19 million are being distributed to 36 award recipients through the health resources and services administration (HRSA) at the US Department of Health and Human Services (HHS).
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According to European Commission Euro Stat, data 2019 Among the EU Member States, Germany (11.7 %) and France (11.1 %) had the highest healthcare expenditure relative to GDP.
According to Centers for Medicare and Medicaid Services data 2020, US health care spending grew 9.7% in 2020, reaching $4.1 trillion or $12,530 per person. As a share of the nation's Gross Domestic Product, health spending accounted for 19.7%.
According to The White House, data 2022, President's Budget for Fiscal Year (FY) 2023 requests mandatory and discretionary funding totaling over $17 billion for the Department of State (State) and the US Agency for International Development (USAID), and over $11 billion for the Department of Health and Human Services to advance US leadership in global health, including health system strengthening.
These investments by different governments are boosting the healthcare sector which is further growing the demand for telehealth services across the globe.
Market Coverage
The market number available for - 2021-2028
Base year- 2021
Forecast period- 2022-2028
Segment Covered-
o By Services Type
o By Application
o By Deployment Type
o By End-Use
Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
Competitive Landscape- including Cisco Systems, Inc., General Electric Co., Koninklijke Philips N.V., Medtronic PLC, Siemens Healthcare GmbH and others.
Key questions addressed by the report
What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?
Global Telehealth Services Market Report Segment
By Services Type
Remote Patient Monitoring
Real Time Interactions
Video/ Audio Consultations
Appointment Scheduling
Other Telehealth Services (Patient Medical Data Collections)
By Application
Tele-Radiology
Tele-Psychiatry
Tele-Cardiology
Others (Tele- dermatology)
By Deployment Mode
Web-Based
Cloud-Based
A full report of Telehealth Services Market is available at: https://www.omrglobal.com/industry-reports/telehealth-services-market
Telehealth Services Market- Segment by Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
Company Profiles
Advanced Monitored Caregiving, Inc.
American Well Corp.
Asahi Kasei Corp.
Cerner Corp.
me Inc.
GlobalMedia Group, LLC
Grand Rounds, Inc.
HealthTap, Inc.
MDLIVE, Inc.
Medvivo Group LTD.
Nexsys Electronics, Inc. dba Medweb
PlushCare, Inc.
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More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
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Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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