Skip to main content

Global Telehealth Market To Reach Worth USD 10,467.0 Mn By 2022: Credence Research

According to the latest report published by Credence Research, Inc. “Telehealth Market Growth, Future Prospects and Competitive Analysis, 2016 - 2022,” the  telehealth market was valued at USD 2,193.1 Mn in 2015, and is expected to reach USD 10,467.0 Mn by 2022, expanding at a CAGR of 24.7% from 2016 to 2022.
Market Insights
Phenomenal rise in the aging and chronically ill population, shortage of specialized medical practitioners in North America and some other parts of the world, growing need for remote patient monitoring and rapid technological evolution in the field of telecommunications are some of the factors that have led to introduction of telehealth. Growth in healthcare expenditure, rising trend of home and remote patient care, and increasing awareness about technology assisted healthcare and wellness further act on advantage of telehealth. Conversely, arrested reimbursement, threat of patient record breach, and cost constraints are some of the factors that hold back the market growth.
Growth in number of virtual medical facilities, advent of remote patient monitoring ad clinical enterprises are some of the major trends being witnessed in the global telehealth market. Dearth of basic physicians in rural areas, and skilled practitioners certain developed markets serve as potential opportunities for the telehealth market players.
North America and Europe are the largest regional markets for telehealth applications and services. Widespread acceptance of remote healthcare is the major influencing factor for the growth. Government initiatives in these regions to augment the adoption of healthcare IT and the growing need for providing healthcare at competitive costs are expected to support the growth of telehealth in these regions. Markets of emerging countries such as China, Russia, Brazil and China will undergo the growth during the forecast period. Staggering patient population, high incidence of chronic diseases and increasing healthcare expenditure are the major contributors to the market growth in Asia-Pacific and Latin America markets. Additionally, growth in awareness about telemedicine and access to specialty physicians through telehealth (in remote areas) are further expected to fuel the market growth in these regions.
Some of the prime companies operating in the telehealth market include AMD Telemedicine, Philips Healthcare, GE Healthcare, McKesson Corporation, and others. He high growth potential in counties in Asia-Pacific and Latin America has led to growing focus of major market players in expanding their reach in these regions.
Chapter 1 Preface
1.1 Report Description
1.2 Market Segmentation
1.3 Research Methodology
Chapter 2 Executive Summary
2.1 Telehealth Market Share, by Components, 2015 (Value %)
2.2 Telehealth Market, by Services, 2015 (USD Mn)
2.3 Telehealth Market Share, by Geography, 2015 (Value %)
Chapter 3 Telehealth Market: Market Dynamics and Outlook
3.1 Introduction, Facts and Figures
3.2 Drivers
3.3 Challenges
3.4 Future Prospects
3.5 Attractive Investment Proposition
3.1 Competitive Analysis: Fractal Map Investigation, by Key Market Players
Company Profiles
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Contact:
Name: Chris Smith
Designation: Global Sales Manager
Ph: 1-800-361-8290

Comments

Popular posts from this blog

Algae Products Market Key Growth Factors and Industry Analysis 2023: Credence Research

According to a new market report published by Credence Research “ Algae Products Market  - Growth, Future Prospects, Competitive Analysis, and Forecast 2016 - 2023,” the algae products market is expected to reach US$ 44.7 Bn by 2023, expanding at a CAGR of more than 5.0% from 2016 to 2023. Browse the full report at  http://www.credenceresearch.com/report/algae-products-market Market Insights: Algae are a diverse group of photosynthetic organisms which are not closely related and hence are known to be polyphyletic. They are plats which range from microalgae to macro algae. Algae are grown using water resources such as sea and waste water which are not suitable for growing agricultural crops. Microalgae grow using sunlight i.e. photosynthesis, by converting sunlight, CO2 and nutrients such as phosphorus and nitrogen into biomass. This growth is also known as autotrophic growth. Some algae can grow in the dark using sugar starch or by combining both the growth modes. Based on applica

Artificial Intelligence Market: Industry Analysis Size, Share, Growth, Trends, Opportunities and Forecast 2016 To 2025 – Credence Research

According to a new market research report published by Credence Research “ Artificial Intelligence Market  (By Technology: Deep Learning, Robotics, Digital Personal Assistant, Querying Method, Neuro-Linguistic Programming and Context-Aware Processing; By End-use Industry: Manufacturing and Processing, BFSI, Oil and Gas, Healthcare, Agriculture, Automotive and Transportation, Retail and Others) - Growth, Future Prospects, and Competitive Landscape, 2017-2025”, artificial intelligence market was valued at US$ 1.36 Bn in 2016 and is expected to grow at a CAGR of 52% during the forecast period from 2017 to 2025. The complete report is available at  http://www.credenceresearch.com/report/artificial-intelligence-market Market Insights Artificial intelligence can be defined as the technology used to create intelligent computing system. The systems equipped with artificial intelligence do not require constant human intervention or supervision to carry out the designated process. A syst

Global Audiology Devices Market Size, Share, Growth, Outlook and Forecast to 2023: Credence Research

The latest market report published by Credence Research, Inc. “ Global Audiology Devices Market  - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 - 2023,” the audiology devices market was valued at USD 8,285.6 Mn in 2015, and is expected to reach USD 12,715.3 Mn by 2023, expanding at a CAGR of (5.4%) from 2016 to 2023. Browse the full report Audiology Devices Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2023 at  http://www.credenceresearch.com/report/audiology-devices-market Market Insights Increasing base of aging population, mounting prevalence of hearing loss, rising patient’s awareness and favorable reimbursement policies in developed countries are the key factors assisting the growth of audiology devices market. Hearing aids was the leading product segment of this market due to rising application rate of these devices along with the introduction of advanced and novel digital technology and aesthetically attractiv