Telehealth Market worth $140.45 billion by 2030, growing at a CAGR of 17.72% - Exclusive Report by 360iResearch

The "Telehealth Market by Component (Hardware, Services, Software), Deployment Mode (On-Cloud, On-Premise), End User, Application - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Telehealth Market to grow from USD 44.80 billion in 2023 to USD 140.45 billion by 2030, at a CAGR of 17.72%.

Request a Free Sample Report @ https://www.360iresearch.com/library/intelligence/telehealth?utm_source=openpr&utm_medium=referral&utm_campaign=sample

The telehealth market refers to the segment of the healthcare industry that concerns the allocation of health-related assistance and details through electronic information and telecommunication technologies. It enables long-distance patient and clinician contact, care, advice, reminders, education, intervention, monitoring, and remote admissions. Telehealth is applied in various segments, including telemedicine, clinical services, health practices supported by mobile devices (mHealth), remote patient monitoring, and online consultation. Its end-users range from hospitals & clinics, home care, and specialty centers to individual patients seeking accessible healthcare. The telehealth market growth is primarily driven by factors including the prevalence of chronic disorders, rising healthcare costs, advancements in telecommunications, increasing awareness and government support to promote telehealth solutions, growing investment in healthcare infrastructure, and the need for accessible healthcare services globally. However, the telehealth market faces challenges such as limitations in patient check-ups and unsuitability for emergency situations, concerns associated with data security and privacy, and resistance to change among healthcare providers. On the other hand, incorporating AI and ML for predictive analysis in patient care, increasing partnerships between telecommunication players and healthcare providers, expanding into mental health services, and adopting blockchain for secure patient data exchange present significant opportunities for market expansion.

In the Americas, the United States has a robust market share in the telehealth industry in the region, with services coverage spanning across various states. Recent legislation has further facilitated the expansion of telehealth services. Investment in mHealth applications and remote patient monitoring systems is growing. Canada is focusing on bridging the rural-urban healthcare divide through telehealth. The country's emphasis on public health insurance and recent guidelines on virtual care are promising steps towards an integrated telehealth system. In South America, countries, including Brazil, are catching up with increasing government support and growing investments in telehealth infrastructure. Europe's telehealth market is expanding steadily, with a noticeable push from the European Union to integrate digital health services across member states. The United Kingdom, Germany, and France are leading in telehealth adoption, powered by initiatives to integrate digital health into existing healthcare systems. The market's growth is further supported by increasing patient acceptance and rising demand for remote monitoring services. In the Middle East and Africa, the telehealth market is at a nascent stage but is experiencing rapid growth due to increased investment in healthcare infrastructure, government support for digital health initiatives, and a rising need to expand healthcare access in remote areas. The APAC region is witnessing significant expansion in the telehealth sector due to its large population, increasing internet penetration, and growing smartphone adoption. China is heavily investing in digital health infrastructure and has introduced policies to encourage the integration of telehealth services. Japan, facing an aging population, focuses on telehealth to provide care for its elderly citizens efficiently. The country is also leading in the development of wearable technology for remote health monitoring. India has seen a surge in telehealth startups, driven by the need for accessible healthcare in rural areas. The government's digital health initiatives are supporting this growth.

Market Segmentation & Coverage:

This research report categorizes the Telehealth Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Component, market is studied across Hardware, Services, and Software. The Hardware is further studied across Endpoints, Network Hardware, and Remote Patient Monitoring Hardware. The Services is further studied across Deployment & Integration, Support & Maintenance, and Training. The Software is further studied across Remote Patient Assessment & Monitoring Software and Videoconferencing Software. The Software is projected to witness significant market share during forecast period.

Based on Deployment Mode, market is studied across On-Cloud and On-Premise. The On-Premise is projected to witness significant market share during forecast period.

Based on End User, market is studied across Patient, Payer, and Provider. The Provider is projected to witness significant market share during forecast period.

Based on Application, market is studied across Tele-ICU, Teleconsultation, Teledermatology, Telepsychiatry, Teleradiology, and Telestroke. The Teleconsultation is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.41% in 2023, followed by Europe, Middle East & Africa.

Inquire Before Buying @ https://www.360iresearch.com/library/intelligence/telehealth?utm_source=openpr&utm_medium=referral&utm_campaign=inquire

FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Telehealth Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Telehealth Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Telehealth Market, highlighting leading vendors and their innovative profiles. These include Allscripts Healthcare Solutions, Inc., AMD Global Telemedicine Inc., American Well Corporation, Apollo TeleHealth, Boston Scientific Corporation, CareCloud, Inc., Cigna Healthcare, Cisco Systems, Inc., Doctor On Demand Inc., Doro AB, Doximity, Inc., GE Healthcare Technologies Inc, GlobalMedia Group, LLC, GoodRx Holdings, Inc., Hims & Hers Health, Inc., Honeywell International Inc., Koninklijke Philips N.V., Medtronic PLC, MesDocteurs, Oracle Corporation, Siemens Healthineers AG, Teladoc Health, Inc., Tunstall Integrated Healthcare group, UKTelehealthcare, and WELL Health Technologies Corp..

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Telehealth Market, by Component
7. Telehealth Market, by Deployment Mode
8. Telehealth Market, by End User
9. Telehealth Market, by Application
10. Americas Telehealth Market
11. Asia-Pacific Telehealth Market
12. Europe, Middle East & Africa Telehealth Market
13. Competitive Landscape
14. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Telehealth Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Telehealth Market?
3. What is the competitive strategic window for opportunities in the Telehealth Market?
4. What are the technology trends and regulatory frameworks in the Telehealth Market?
5. What is the market share of the leading vendors in the Telehealth Market?
6. What modes and strategic moves are considered suitable for entering the Telehealth Market?

Read More @ https://www.360iresearch.com/library/intelligence/telehealth?utm_source=openpr&utm_medium=referral&utm_campaign=analyst

Contact 360iResearch

Mr. Ketan Rohom
Sales & Marketing,
Office No. 519, Nyati Empress,
Opposite Phoenix Market City,
Vimannagar, Pune, Maharashtra,
India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550

About 360iResearch

360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.

We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.

Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.

Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.

This release was published on openPR.