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Market Overview

Telehealth Market – Big Changes to Have Big Impact: Polycom, Life Care Solutions, Siemens Healthcare, Robert Bosch Healthcare

“Telehealth Market is expected to reach USD 22.92 billion by 2025 with a CAGR of 18.43% over the forecast period.”
Telehealth Players/Suppliers Profiles and Sales Data: Company, Company Basic Information, Manufacturing Base and Competitors, Product Category, Application and Specification with Sales, Revenue, Price and Gross Margin, Main Business/Business Overview.

Telehealth Market is expected to reach USD 22.92 billion by 2025 with a CAGR of 18.43% over the forecast period.

Global Telehealth Market report is segmented on the basis of Component type, Delivery Model Type, End User type and by regional & country level. Based on Component type global Telehealth Market is classified Hardware, Software and Service. Based upon Delivery Model, global Telehealth Market is classified as Real time, Store and forward, Remote Patient Monitoring and mHealth. Based upon End User type, global Telehealth Market is classified as B2B and B2C. 

Telehealth Market rapid growth in smartphone usage and increasing demand of chronic diseases management are key drivers for Global Telehealth Market.

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Key Players for Global Telehealth Market Reports- Global Telehealth market report covers prominent players like Polycom, Life Care Solutions, Siemens Healthcare, Robert Bosch Healthcare, Eladoc Inc., American Well, BioTelemetry, Inc., Medtronic, Aerotel Medical Systems Ltd., InTouch Technologies, Inc., Honeywell International, Inc., GE Healthcare, and AMD Global Telemedicine, Inc., Cerner Corporation, McKesson Corporation, Medtronic Inc., InstaMD, The Medvivo Group, Philips Healthcare, USARAD Holdings Inc., Robert Bosch Healthcare, Vitaphone GmbH, Cisco Systems  Inc., SnapMD  Inc., Tunstall Healthcare and others.

Scope of Telehealth Market Reports – Telehealth is the remote exchange of data between a patient at home and their clinician(s) to assist in diagnosis and monitoring typically used to support patients with long term conditions. It works by monitoring vital signs like blood pressure and then transmitting the data to a telehealth monitoring center or a health care professional via a telephone line or broadband. The data is then monitored against parameters set by the individual’s clinician. Since the early 1990s, the telehealth network has helped connect patients to health care providers from their own homes. Increasing technology has made the service more efficient, with live audio and video sessions enhancing virtual health care. So, during the study of Global Telehealth market, we have considered Telehealth revenue to analyze the market.

FCC Expands Access to Broadband Resources for Telehealth Providers.

On 19 March 2020, the Federal Communication Commission officials has relaxed broadband rules to enable hospitals and health systems to work with Internet service providers to improve connectivity for Telehealth and mHealth programs. The FCC on that week announced changes to their Rural Health Care (RHC) and E-Rate programs which will make easier for broadband companies to support connected health outreach. FCC’s Wireline Competition Bureau has given its gift rules specifically to service and care providers to offer improved connections and telemedicine technology during the telemedicine technology during the Coronavirus (COVID-19) pandemic. The aim of these changes is to give healthcare providers in remote and rural areas access for the improved broadband connectivity so that Telehealth and mHealth programs can be offered to more people and with fewer problems. These Providers in many rural states have their mentioned connectivity as a particular challenge in offering, sustaining or scaling connected health programs.

Global Telehealth Market Dynamics – Surge in demand for self-care devices/solutions such as mHealth and remote monitoring are expected to fuel the growth of the market dearth of healthcare professionals worldwide, improvements in telecommunication infrastructure, increasing utilization of connected devices for the management of chronic diseases. Telehealth systems are emerging in response to increased prevalence of chronic diseases, increased healthcare needs, new wireless technologies, better video and monitoring technologies, decreasing healthcare resources, an emphasis on reducing hospital days, and growing confidence in cost-effectiveness. However, lack of technological awareness among the ageing population and data security are the major restrains of the Global Telehealth Market. Nonetheless, untapped market and technological advancements may generate new opportunities in forecast period.

The regions covered in this Telehealth Market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Telehealth is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.

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Market Segmentation

By Component
Hardware, Software, Services

By Delivery Model
Real Time, Store and Forward, Remote Patient Monitoring, mHealth

By End User
B2B, Providers, Payers, Employers,  B2C, Patients, Caregivers

By Region: 
North America (US., Canada), Europe (UK., France, Germany, Italy), Asia Pacific (China, Japan, India, Southeast Asia), Latin America (Brazil, Mexico), Middle East and Africa (GCC, Africa, Rest of Middle East and Africa)

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To view the original version on ABNewswire visit: Telehealth Market – Big Changes to Have Big Impact: Polycom, Life Care Solutions, Siemens Healthcare, Robert Bosch Healthcare

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