Distance Health Technology Market Analysis With Key Players, Applications, Trends And Forecast To 2033

The new report published by The Business Research Company, titled "" Distance Health Technology Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the distance health technology market size has grown rapidly in recent years. It will grow from $29.95 billion in 2023 to $35.20 billion in 2024 at a compound annual growth rate (CAGR) of 17.5%. The distance health technology market size is expected to see rapid growth in the next few years. It will grow to 65.56 billion in 2028 at a compound annual growth rate (CAGR) of 16.8%.

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Surge In Remote Healthcare Services Fuels Expansion Of Distance Health Technology Market
Increasing demand for remote healthcare services is expected to propel the growth of the distance health technology market going forward. Remote healthcare services involve the provision of healthcare services using technology to connect patients with healthcare professionals from a distance. Distance health technology is used in remote healthcare services to deliver healthcare services to remote areas where access to traditional healthcare facilities may be limited or challenging. For instance, in February 2023, according to a survey conducted by Rock Health, a US-based health technology company, in a survey of 8,014 respondents, around 76% of people over the age of 55 have used telemedicine, and 80% of all respondents reported having accessed care via telemedicine at some point in their lives, up 8% from 72% in 2021. Therefore, increasing demand for remote healthcare services is driving the distance health technology market.

Innovative Extended Reality (XR) For Revolutionary Healthcare Ecosystems
Major companies operating in the distance health technology market are focused on developing innovative products with advanced technological solutions such as Extended Reality (XR)-supported healthcare ecosystems to strengthen their position in the market. Extended reality (XR) refers to an umbrella term that encompasses various immersive technologies, including virtual reality (VR), augmented reality (AR), and mixed reality (MR). For instance, in June 2023, Amrita Hospital, an India-based multi-speciality tertiary care hospital chain, developed a groundbreaking Extended Reality (XR)-supported healthcare ecosystem, harnessing augmented reality (AR), virtual reality (VR), and mixed reality (MR) technologies to elevate capabilities in patient care, medical training, and research. This innovative integration of advanced technology sets a significant milestone in India's healthcare industry. The XR-supported system empowers medical professionals to visualize organs in holographic form, facilitating the delivery of personalized, precision medicine. Embracing metaverse concepts and leveraging patient data such as CT scans, the XR system enables doctors to comprehend intricate defects, meticulously plan challenging surgeries, and collaborate globally.

The distance health technology market covered in this report is segmented -

1) By Technology Type: Telemedicine, Remote Patient Monitoring, mHealth (Mobile Health) Applications, Virtual Healthcare Solutions
2) By Delivery Mode: Software, Hardware, Services
3) By Application: Consultation And Diagnosis, Monitoring And Prevention, Treatment And Rehabilitation, Education And Awareness
4) By End-User: Hospitals And Clinics, Home Healthcare, Diagnostic Centers, Ambulatory Surgical Centers, Other End-Users

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Major companies operating in the distance health technology market report are Cisco Systems, Medtronic plc, Siemens Healthineers, Koninklijke Philips N.V., GE Healthcare, Teladoc Health Inc, Advantech Co Ltd, Allscripts Healthcare Solutions, Cerner Corporation, Babylon Health, American Well Corporation, MDLive Inc., Merative, Doctor On Demand Inc., GlobalMed, Rudolf Riester GmbH, Health Recovery Solutions, Dreamsoft4u, CLB bv, Tryten Technologies Inc, VSee, Sound Intelligence, Aerotel Ltd., AMD Global Telemedicine, Care Innovations, MEDWAND SOLUTIONS INC, Cloud DX, Omcare

Contents of the report:
1. Executive Summary
2. Distance Health Technology Market Report Structure
3. Distance Health Technology Market Trends And Strategies
4. Distance Health Technology Market - Macro Economic Scenario
5. Distance Health Technology Market Size And Growth
…..
27. Distance Health Technology Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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