Telehealth Market Size, Opportunities, Trends, Products, Revenue Analysis, For 2021–2028

The report provides the reader with a panoramic view of the Telehealth market, supported by key statistical data and industry-verified facts. Hence, it examines the size, share, and volume of the Telehealth industry in the historical period to forecast the same valuations for the forecast period.

Apparently, the pandemic has disrupted the Telehealth market’s supply chains and caused acute volatility in the prices and demands for the top products. Therefore, the report analyzes the market segments beleaguered by the aftereffects of the pandemic. However, our analysts speculate that the market will regain momentum in the post-COVID era.

Competitive Landscape

The report presents a holistic investigation of the Telehealth business mechanism and growth-oriented approaches undertaken by the leading companies operating in this market. The report highlights the numerous strategic initiatives, such as new business deals and collaborations, mergers & acquisitions, joint ventures, product launches, and technological upgradation, implemented by the leading market contenders to set a firm foot in the market. Hence, this section is inclusive of the company profiles of the key players, total revenue accumulation, product sales, profit margins, product pricing, sales & distribution channels, and industry analysis.

Leading Industry Participants:

Koninklijke Philips N.V. (Netherlands), Medtronic (Ireland),GE Healthcare (US), Cerner Corporation (US), Siemens Healthineers (Germany), Cisco Systems, Inc. (US), Teladoc Health Inc. (US), American Well (US), AMC Health (US), MDLive (US), Doctor on Demand (US), Medvivo Group Ltd (UK), Asahi Kasie Corporation (Japan), Iron Bow Technologies (US), Telespecialists Llc (US), GlobalMed (US), MedWeb (US), IMediplus Inc. (China), Vsee (US), Chiron Health (US), and Zipnosis (US).

Emergen Research has segmented global telehealth on the basis of type, component, deployment model, application, end-use, and region:

 Component Outlook (Revenue, USD Billion; 2018–2028)

  • Services
    1. Remote Patient Monitoring
    2. Store-and-forward
    3. Live Video-Conferencing
    4. Mobile Health
  • Software
    1. Integrated Software
    2. Standalone Software
  • Hardware
    1. In-home messaging device
    2. Video telemonitor
    3. Interactive Voice Response (IVR)
    4. Medical Peripheral Devices
      • Blood Pressure Monitors
      • Blood Glucose Monitors
      • Weighing Scales
      • Pulse Oximeters
      • Peak Flow Meters
      • ECG Monitors
      • Other Devices

Deployment Model Outlook (Revenue, USD Billion; 2018–2028)

  • Web & Cloud-based
  • On-premises

Application Outlook (Revenue, USD Billion; 2018–2028)

  • Radiology
  • Cardiac Monitoring
  • Primary/Urgent Care
  • Neurophysiological Monitoring
  • Remote ICU
  • Mental Health
  • Other Applications

End-use Outlook (Revenue, USD Billion; 2018–2028)

  • Healthcare Providers
  • Healthcare Payers
  • Patients
  • Other End-uses

Some Key Highlights from the Report

  • Tele-home segment revenue is expected to expand at rapid CAGR during the forecast period owing to the COVID-19 pandemic.
  • Software segment is expected to register a significantly robust revenue growth rate over the forecast period. The software segment is further sub-segmented into integrated software and standalone software. Integrated software has higher adoption rate than standalone software due to wider range of applications and cost-effectiveness. Some of the examples of integrated systems are exam cameras, networked devices & software, and telehealth stations.
  • In August 2021, TeleSpecialists, LLC, which is a national leader in hospital-based telemedicine and quality management services, announced the launch of their TelePsychiatry services in hospitals for adult, adolescent, and pediatric patients.
  • North America is expected to register a considerably steady revenue growth rate in the global telehealth market over the forecast period due to presence of major telehealth system providers such as GE Healthcare, IDEXX Laboratories, Inc., Carestream Health, Inc., and Diagnostic Imaging Systems, Inc., among others.

Radical Highlights of the Telehealth Market Report:

  • Study of the latest product launches and technological advancements to help the readers in formulating investment strategies
  • Focus on market scenario, dynamics, and trends to be expected in the coming years
  • Advanced analytical tools such as Porter’s Five Forces analysis, SWOT analysis, feasibility analysis, and investment return analysis
  • Thorough regional analysis to offer insights into production and consumption patterns, supply and demand ratio, market size, revenue contrition, and the presence of prominent players

Key Regional Markets Analyzed in the Report:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

 

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