Press release
Telehealth Market Growth - Industry Forecast To 2021
Telehealth
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The healthcare industry is undergoing a fundamental transformation globally—a shift from a volume-based business to a value-based business. Growing demands from consumers for improved healthcare quality and greater value are forcing healthcare providers and payers to deliver optimized outcomes. In order to overcome these challenges and meet consumer expectations, healthcare providers are increasingly adopting telehealth solutions that enable them to provide improved healthcare at reduced costs.
Growth in geriatric population, rising prevalence of chronic diseases, dearth of healthcare professionals worldwide, improvements in telecommunication infrastructure, technological advancements, benefits of telehealth, and need for affordable treatment options due to rising healthcare costs are some factors expected to drive the growth of the global telehealth market in the coming years.
In 2016, North America is expected to account for the largest share of the global telehealth market, followed by Europe, Asia-Pacific, and the Rest of the World (RoW). In the U.S., the telehealth market is driven by the rising healthcare costs, upcoming regulatory policies, shortage of physicians, growth in geriatric population, implementation of the Affordable Care Act (ACA), and increasing funding for telehealth. In Canada, the growth of the telehealth market is driven by the rising healthcare spending, and growing number of conferences and events that are generating awareness about telehealth services in the country.
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Key Points From Table Of Content :
Company Profiles :
(Introduction, Products & Services, Strategy, & Analyst Insights, Developments, MnM View)*
• Philips Healthcare
• Medtronic PLC
• Honeywell Life Care Solutions (A Honeywell International, Inc. Company)
• Tunstall Healthcare
• Care Innovations (A Subsidiary of Intel Corporation)
• Cerner Corporation
• Cisco Systems, Inc.
• Medvivo Group Ltd.
• Globalmedia Group, LLC
• Aerotel Medical Systems Ltd.
• AMD Global Telemedicine, Inc.
• American Well
• Intouch Health
• Vidyo, Inc.
Telehealth Market, By Component :
Services
• Remote Monitoring
• Real-Time Interactions
• Store-And-Forward Consultations
Software
• Integrated Software
• Standalone Software
Hardware
• Monitors
• Medical Peripheral Devices
• Blood Pressure Monitors
• Blood Glucose Meters
• Weight Scales
• Pulse Oximeters
• Peak Flow Meters
• Ecg Monitors
• Other Medical Peripheral Devices
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The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn helps firms to garner a greater market share. Firms purchasing the report could use any one or a combination of the below-mentioned five strategies (market penetration, product development/innovation, market development, market diversification, and competitive assessment) for strengthening their market shares.
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