Global Telehealth Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Telehealth Market Report by The Business Research Company covers telehealth market drivers and restraints, telehealth market size, major players, and the impact of COVID-19 on the telehealth market.
The telehealth market consists of sales of telehealth services by entities (organizations, sole traders and partnerships) that are engaged in providing telehealth services for the smooth functioning of healthcare services. Telehealth is the use of electronic data and telecommunications technology to promote long-distance medical healthcare services, patient and professional health education, public health, and health management. Technologies comprise streaming media, teleconferencing, web, store-and-forward imaging, terrestrial and wireless communications.
Telehealth is recognized to be an effective tool in the fight against the coronavirus pandemic, to prevent the spread of the virus due to traveling to clinics and hospitals.
The global telehealth market is expected to decline from $83.08 billion in 2020 to $80.53 billion in 2021 at a compound annual growth rate (CAGR) of -3.06%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The market is expected to reach $218.5 billion in 2025 at a CAGR of 28.34%.
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Some telehealth market trends include major companies operating in the telehealth sector focusing on developing advanced solutions for telehealth that help remote monitoring easily.
Global telehealth market segments include:
1) By Component: Software, Services, Hardware.
2) By Mode Of Delivery: Cloud-Based, On-Premise.
3) By Application: Teleradiology, Tele-Consultation, Tele-ICU, Tele-Stroke, Tele-Psychiatry, Tele-Dermatology, Other Applications.
4) By End-User: Healthcare Providers, Patients, Payers, Others.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Telehealth Global Market Report 2021: COVID-19 Growth And Change is one of a series of new reports from The Business Research Company that provides telehealth market overviews, analyzes and forecasts market size, share, telehealth market players, telehealth market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The telehealth market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Telehealth Global Market Report 2021: COVID-19 Growth And Change from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: Teladoc Health Inc, American Well, MDLive, Doctor on Demand, GlobalMed, Siemens Healthineers, Cisco Systems, Inc, Medtronic, Dictum Health, Inc, Koninklijke Philips N.V., GE Healthcare, AMC Health, Medvivo Group Ltd, Iron Bow Technologies, Telespecialists Llc, MedWeb, IMediplus Inc., Vsee, Chiron Health, Zipnosis, Allscripts Healthcare Solutions, Honeywell International Inc., Right Health, Boston Scientific Corporation, Care Innovations LLC, InTouch Technologies, Inc., Encounter Telehealth, HelloMD, SnapMD, Inc., OpenTeleHealth.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Telehealth Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Telehealth Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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