Telehealth Market 2025

Market Highlights:

Telehealth Market: Information By Component (Hardware, Software and Services), By Mode of Delivery (Web/Cloud-Based and On-Premise), By Application (Radiology, Cardiology, Primary Care, Neurophysiology and others), By End User (Hospitals and Clinics, Diagnostic Centers, Home Care and others) - Global Forecast till 2024

The Global Telehealth Market is expected to register a CAGR of 22.74% during the forecast period with a market value of USD 16,173.8 Million till 2025. Telehealth connects patients to fundamental health care services through remote monitoring, video conferencing, electronic consultations, and wireless communications. The increasing occurrences of chronic diseases along with rising elderly population are projected to drive the market growth. However, privacy and security concerns, as well as a lack of awareness about telehealth, is likely to hamper the growth of the market during the assessment period.

Market Key Players:

MRFR recognizes the following companies as the key players in the global telehealth market— Boston Scientific Corporation (US), GlobalMed (US), Maple (Canada), Siemens (Germany), Cisco Systems Inc. (US), AMD Global Telemedicine Inc. (US), Allscripts Healthcare Solutions (US), Care Innovations LLC (US), Right Health (Canada), Honeywell International Inc. (US), American Well (US), InTouch Technologies Inc. (US), Philips Healthcare (Netherlands), Medtronic plc (Ireland), Dialogue (Canada), Livecare Health (Canada)and Cerner Corporation (US).

Request Free Sample Copy @ https://www.marketresearchfuture.com/sample_request/900

Segmentation:

The global telehealth market has been segmented into a mode of delivery, component, application, and end user.

The global telehealth market, by mode of delivery, has been divided into web/cloud-based and on-premise. The web/cloud-based segment held a large share due to the wide preferability, whereas the on-premise segment is projected to be the fastest-growing due to the increasing awareness among healthcare professionals.

The global telehealth market, by component, has been bifurcated into services, software, and hardware. The services segment accounted for the largest share owing to the increasing developments by key companies, whereas the software segment is expected to be the fastest-growing due to the increasing preference towards the usage of telehealth software. The market, by hardware, has been sub-segmented into monitoring devices, medical peripherals, and others. The market, by monitoring devices, has been further divided into stationary and wearable monitoring devices. The market, by medical peripherals, has been segregated into blood pressure monitors, ECG monitors, pulse oximeters, blood glucose meters, peak flow meters, otoscopes, and others. The market, by software, has been further sub-segmented into integrated software and standalone software. The market, by services, has been further classified as remote monitoring, real-time interactions, and store-and-forward consultations.

The global telehealth market, by application, has been classified as radiology, cardiology, primary care, neurophysiology, and others. The radiology segment held a major share due to the increased use of telehealth expertise in the radiology field, whereas the cardiology segment is likely to be the fastest growing owing to the increased prevalence rates of cardiac diseases.

The global telehealth market, by the end user, has been categorized as hospitals and clinics, diagnostic clinics, home care, and others. Hospitals and clinics segment held a major share due to the increase in the number of hospitals, whereas the diagnostic clinics segment is expected to be the fastest-growing segment due to the increased usage of telehealth services.

Regional Analysis:

The global telehealth market, based on region, has been analyzed across the Americas, Europe, Asia-Pacific, and the Middle East & Africa.

The Americas is projected to dominate the global telehealth market. This can be attributed to the increasing adoption of telehealth services. Also, the increased number of initiatives taken by various organizations in the US is also likely to help the growth of the market. For instance, in 2016, Kaiser Permanente, a care consortium based in California, conducted more consultations virtually than in person, i.e., nearly 52% of 110 million physician visits were via online portals, virtual visits, or apps.

The Europe market for telehealth is anticipated to be the second-largest market. The shift towards more organized and continuous diagnosis and treatment monitoring is expected to be an important factor for the growth of the market.

Asia-Pacific is assessed to be the fastest-growing region in the global market due to the rise in the elderly population, an increase in incidence rates of chronic diseases, and the lack of technical personnel.

The Middle East & Africa are expected to witness stable growth due to inadequate access and healthcare affordability among the healthcare firms in this region.

Browse Complete Report @ https://www.marketresearchfuture.com/reports/telehealth-market-900

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients.

Contact:

Akash Anand

Market Research Future

+1 646 845 9312

Email: [email protected]