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Telehealth Market Set for Rapid Growth: Expected Worth USD 608.75 Billion by 2032, Growing at 22.2%

04-05-2024 11:37 AM CET | Health & Medicine

Press release from: Polaris Market Research & Consulting

Telehealth Market

Telehealth Market

The Telehealth Market has grown strongly in recent years. It will grow from USD 100.04 billion in 2023 to USD 608.75 billion in 2032 at a compound annual growth rate (CAGR) of 22.2%. The expansion of telehealth can be attributed to increased smartphone use and better internet access.

Telehealth, also known as e-medicine or telemedicine, is the delivery of health care through the Internet, using various telecommunications techniques. Telehealth technologies include mobile health apps, save-and-forward electronic transmission, live video conferencing, and remote patient monitoring (RPM). Healthcare professionals can assess, diagnose, educate, and treat patients virtually without having to see them in person due to telehealth. Through a specialized telehealth kiosk or by using their equipment, patients can consult with doctors from the comfort of their own homes.

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐Ž๐Ÿ ๐“๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/telehealth-market/request-for-sample

๐‡๐ž๐ซ๐ž ๐€๐ซ๐ž ๐’๐จ๐ฆ๐ž ๐Ž๐Ÿ ๐“๐ก๐ž ๐Œ๐š๐ฃ๐จ๐ซ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

โ€ข AMD Global Telemedicine, Inc.
โ€ข Care Innovations, LLC
โ€ข Cisco Systems, Inc.
โ€ข General Electric Company
โ€ข Honeywell Life Care Solutions
โ€ข Koninklijke Philips N.V.
โ€ข McKesson Corporation
โ€ข Medtronic plc
โ€ข Medvivo Group Ltd.
โ€ข Tunstall Healthcare Group Ltd

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ

โ€ข Wearable technologies and the most recent updates to healthcare monitoring apps will be the main drivers of the market's growth.
โ€ข Modern digital technology, such as computers and cell phones, has enabled medical practitioners to diagnose, treat, and monitor their patients' health remotely.

๐Š๐ž๐ฒ ๐๐š๐ซ๐ญ๐ข๐œ๐ข๐ฉ๐š๐ง๐ญ๐ฌ

The industry is observed by intense competition, and the top companies depend on superior goods, advanced technology, and a strong brand identity to boost sales.

๐†๐ž๐ญ ๐€๐ก๐ž๐š๐ ๐–๐ข๐ญ๐ก ๐ƒ๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.polarismarketresearch.com/buy/94/2

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง

Based on component analysis, the biggest revenue share is attributed to the services sector. The industry is expanding due to the growing need for telehealth applications in chronic disease management and real-time monitoring, as well as the rapid advancements in digital infrastructure. Other factors contributing to this growth include the increasing use of smartphones and the internet, as well as improvements in hardware and software components. The end-user analysis also indicates that the supplier category has the largest proportion. Using telehealth, a network of medical equipment and services, medical practitioners can tailor their care to each patient.

๐“๐ž๐ฅ๐ž๐ก๐ž๐š๐ฅ๐ญ๐ก ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ

โ€ข In 2023, the services segment held the largest revenue share in the telehealth Market. due to rising remote patient monitoring for chronic diseases, shortage of specialists & physicians and increasing adoption & awareness about telehealth solutions.

โ€ข The provider segment accounted for the highest market share during the forecast period. Telehealth helps healthcare providers by providing benefits such as instant quality reports, patient health records, smarter decision-making, better data management, and electronic health solutions. This is likely to increase the use of these services by healthcare providers.

โ€ข In 2023, North America accounted for the largest market share in the telehealth market. Government efforts to improve access to telemedicine and its services in the region are positively influencing market expansion. Mainly, the American Telemedicine Association (ATA) introduced ATA Action in January 2022, a newly established affiliated trade organization with the primary goal of ensuring ongoing and widespread access to telehealth services for individuals across the entire spectrum of care.

โ€ข The Asia-Pacific region accounted for the fastest growth in the telehealth market. Healthcare providers, insurance payers, and governments hope to transform care delivery while lowering healthcare costs by using remote patient monitoring, which involves the use of devices to collect and transmit information to a diagnostic testing facility located remotely in the region.

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐Œ๐จ๐ซ๐ž ๐ƒ๐ž๐ญ๐š๐ข๐ฅ๐ฌ:
https://www.polarismarketresearch.com/industry-analysis/telehealth-market

๐“๐ž๐ฅ๐ž๐ก๐ž๐š๐ฅ๐ญ๐ก, ๐‚๐จ๐ฆ๐ฉ๐จ๐ง๐ž๐ง๐ญ ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐‘๐ž๐ฏ๐ž๐ง๐ฎ๐ž - ๐”๐’๐ƒ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง, ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ— - ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ)
โ€ข Hardware
โ€ข Medical Peripheral Devices
โ€ข Monitors
โ€ข Software
โ€ข Standalone Software
โ€ข Integrated Software
โ€ข Services
โ€ข Real-time Interactions
โ€ข Remote Monitoring
โ€ข Store-And-Forward Consultations

๐“๐ž๐ฅ๐ž๐ก๐ž๐š๐ฅ๐ญ๐ก, ๐ƒ๐ž๐ฉ๐ฅ๐จ๐ฒ๐ฆ๐ž๐ง๐ญ ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐‘๐ž๐ฏ๐ž๐ง๐ฎ๐ž - ๐”๐’๐ƒ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง, ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ— - ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ)

โ€ข Cloud-Based
โ€ข Web-Based
โ€ข On-Premise

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

๐„๐ง๐๐จ๐ฌ๐œ๐จ๐ฉ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/endoscopes-market

๐ˆ๐ง๐ญ๐ซ๐š๐ฏ๐ž๐ง๐จ๐ฎ๐ฌ ๐ˆ๐ซ๐จ๐ง ๐ƒ๐ซ๐ฎ๐ ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/intravenous-iron-drugs-market

๐…๐ž๐ซ๐ญ๐ข๐ฅ๐ข๐ญ๐ฒ ๐“๐ž๐ฌ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/fertility-test-market

๐ƒ๐ข๐ ๐ข๐ญ๐š๐ฅ ๐๐š๐ญ๐ก๐จ๐ฅ๐จ๐ ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/digital-pathology-market

๐ƒ๐ž๐ง๐ญ๐š๐ฅ ๐‹๐š๐›๐จ๐ซ๐š๐ญ๐จ๐ซ๐ฒ ๐–๐ž๐ฅ๐๐ž๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/dental-laboratory-welders-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:

Polaris Market Research
30 Wall Street, 8th Floor,
New York City, NY 10005,
United States
Phone:+1-929 297-9727
Email: sales@polarismarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.

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