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Global Telehealth Market Size study with COVID-19 Impact, by Component (Software & Services, Hardware), by Application (Teleradiology, telestroke, teleICU, Tele-consultation, Tele-psychiatry, Tele-dermatology, Other Applications), by End-User (Provider, Payer, Patient), Delivery Mode (On-Premise, Cloud) and Regional Forecasts 2020-2026

  • BIZ3848329
  • 200 Pages
  • May 2020
  • Healthcare
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Global Telehealth Market is valued approximately at USD 21.73 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 17.5% over the forecast period 2020-2026. Telehealth delivers health related information and services through telecommunication technologies. It integrates various technologies which allows the delivery of healthcare facilities through virtual medical and health services. These services aid in the long-distance communication between patient and healthcare specialist and supports easy diagnosis, consultation, treatment and more. Factors such as growing population increases the demand for healthcare services alone with shortage of physicians drive the market growth. Further, rapid digitalization in the healthcare sector supports the market growth. Moreover, rising government initiatives and increasing consumer awareness fuel the market growth. Also, with the growing prevalence of chronic diseases and other conditions the demand for Telehealth Services increases. Moreover, the COVID-19 pandemic has provided significant growth to the Telehealth market. As amidst the crisis the people are advised for self-isolation, physical diagnosis, and physical contact with the doctors puts both patients and doctors at risk of contracting the virus. This has created a potential market for telehealth services during the crisis as these allows diagnosis and treatments of patients without any physical contact. Moreover, the COVID-19 virus has brought a tremendous increase in the number of patients while the number of doctors remain the same. Telehealth facilities offers easy management and time saving for doctors which helps them diagnose and treat a greater number of patients. Hence rising advantages coupled with government initiatives to implement telehealth services drives the market during and post Pandemic. As in April 2020, the governor of Maryland signed 2 new telehealth bills into law. These bills expand the kind of services doctors can provide thorguh digital means like video chat and email. While, in March 2020, The U.S. Department of Health & Human Services' Office for Civil Rights issued frequently asked questions ('FAQs') on telehealth remote communications following its Notification of Enforcement Discretion ('the Notification') during the COVID-19 ('Coronavirus') public health emergency. These government support backs the growth of the telehealth market during the forecast period. Additionally, in March 2020, Harrow Health, Inc. and ImprimisRx, two major healthcare companies, announced their exclusive agreement with Doxy.me, a full-service telemedicine solution. The ImprimisRx customers will have free access to the entire suite of Doxy.me award-winning telemedicine services. However, regional laws and standards impedes the growth of the market over the forecast period of 2020-2026.

The regional analysis of global Telehealth market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the advanced healthcare infrastructure and presence of major market players in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026. Factors such as rising digitization and increasing penetration of connected devices coupled with rising prevalence of chronic diseases would create lucrative growth prospects for the Telehealth market across Asia-Pacific region.

Major market player included in this report are:

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)

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component:

Software & Services

Hardware

By Application:

Teleradiology

Tele-stroke

Tele-ICU

Tele-consultation

Tele-psychiatry

Tele-dermatology

Other Applications

By End-User:

Provider

Payer

Patient

By Delivery Mode:

On-Premise

Cloud

By Region:

North America

U.S.

Canada

Europe

UK

Germany

Asia Pacific

China

India

Japan

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2016, 2017, 2018

Base year – 20198

Forecast period – 2020 to 2026

Target Audience of the Global Telehealth Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2018-2026 (USD Billion)

1.2.1. Telehealth Market, by Region, 2018-2026 (USD Billion)

1.2.2. Telehealth Market, by Component, 2018-2026 (USD Billion)

1.2.3. Telehealth Market, by Application, 2018-2026 (USD Billion)

1.2.4. Telehealth Market, by End-User, 2018-2026 (USD Billion)

1.2.5. Telehealth Market, by Delivery Mode, 2018-2026 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Telehealth Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Telehealth Market Dynamics

3.1. Telehealth Market Impact Analysis (2018-2026)

3.1.1. Market Drivers

3.1.2. Market Challenges

3.1.3. Market Opportunities

Chapter 4. Global Telehealth Market: Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2016-2026)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Telehealth Market, by Component

5.1. Market Snapshot

5.2. Global Telehealth Market by Component, Performance - Potential Analysis

5.3. Global Telehealth Market Estimates & Forecasts by Component 2016-2026 (USD Billion)

5.4. Telehealth Market, Sub Segment Analysis

5.4.1. Software & Services

5.4.2. Hardware

Chapter 6. Global Telehealth Market, by Application

6.1. Market Snapshot

6.2. Global Telehealth Market by Application, Performance - Potential Analysis

6.3. Global Telehealth Market Estimates & Forecasts by Application 2016-2026 (USD Billion)

6.4. Telehealth Market, Sub Segment Analysis

6.4.1. Teleradiology

6.4.2. Tele-stroke

6.4.3. Tele-ICU

6.4.4. Tele-consultation

6.4.5. Tele-psychiatry

6.4.6. Tele-dermatology

6.4.7. Other Applications

Chapter 7. Global Telehealth Market, by End-User

7.1. Market Snapshot

7.2. Global Telehealth Market by End-User, Performance - Potential Analysis

7.3. Global Telehealth Market Estimates & Forecasts by End-User 2016-2026 (USD Billion)

7.4. Telehealth Market, Sub Segment Analysis

7.4.1. Provider

7.4.2. Payer

7.4.3. Patient

Chapter 8. Global Telehealth Market, by Delivery Mode

8.1. Market Snapshot

8.2. Global Telehealth Market by Delivery Mode, Performance - Potential Analysis

8.3. Global Telehealth Market Estimates & Forecasts by Delivery Mode 2016-2026 (USD Billion)

8.4. Telehealth Market, Sub Segment Analysis

8.4.1. On-Premise

8.4.2. Cloud

Chapter 9. Global Telehealth Market, Regional Analysis

9.1. Telehealth Market, Regional Market Snapshot

9.2. North America Telehealth Market

9.2.1. U.S. Telehealth Market

9.2.1.1. Component breakdown estimates & forecasts, 2016-2026

9.2.1.2. Application breakdown estimates & forecasts, 2016-2026

9.2.1.3. End-User breakdown estimates & forecasts, 2016-2026

9.2.1.4. Delivery Mode breakdown estimates & forecasts, 2016-2026

9.2.2. Canada Telehealth Market

9.3. Europe Telehealth Market Snapshot

9.3.1. U.K. Telehealth Market

9.3.2. Germany Telehealth Market

9.3.3. Rest of Europe Telehealth Market

9.4. Asia-Pacific Telehealth Market Snapshot

9.4.1. China Telehealth Market

9.4.2. India Telehealth Market

9.4.3. Japan Telehealth Market

9.4.4. Rest of Asia Pacific Telehealth Market

9.5. Latin America Telehealth Market Snapshot

9.5.1. Brazil Telehealth Market

9.5.2. Mexico Telehealth Market

9.6. Rest of The World Telehealth Market

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies

10.2. Company Profiles

10.2.1. Koninklijke Philips N.V. (Netherlands)

10.2.1.1. Key Information

10.2.1.2. Overview

10.2.1.3. Financial (Subject to Data Availability)

10.2.1.4. Product Summary

10.2.1.5. Recent Developments

10.2.2. Medtronic (Ireland)

10.2.3. GE Healthcare (US)

10.2.4. Cerner Corporation (US)

10.2.5. Siemens Healthineers (Germany)

10.2.6. Cisco Systems, Inc. (US)

10.2.7. Teladoc Health Inc. (US)

10.2.8. American Well (US)

10.2.9. AMC Health (US)

10.2.10. MDLive (US)

Chapter 11. Research Process

11.1. Research Process

11.1.1. Data Mining

11.1.2. Analysis

11.1.3. Market Estimation

11.1.4. Validation

11.1.5. Publishing

11.2. Research Attributes

11.3. Research Assumption

TABLE 1. List of secondary sources, used in the study of global Telehealth market

TABLE 2. List of primary sources, used in the study of global Telehealth market

TABLE 3. Global Telehealth market, report scope

TABLE 4. Years considered for the study

TABLE 5. Exchange rates considered

TABLE 6. Global Telehealth market estimates & forecasts by region 2016-2026 (USD billion)

TABLE 7. Global Telehealth market estimates & forecasts by Component 2016-2026 (USD billion)

TABLE 8. Global Telehealth market estimates & forecasts by Application 2016-2026 (USD billion)

TABLE 9. Global Telehealth market estimates & forecasts by end-user 2016-2026 (USD billion)

TABLE 10. Global Telehealth market estimates & forecasts by Delivery Mode 2016-2026 (USD billion)

TABLE 11. Global Telehealth market by segment, estimates & forecasts, 2016-2026 (USD billion)

TABLE 12. Global Telehealth market by region, estimates & forecasts, 2016-2026 (USD billion)

TABLE 13. Global Telehealth market by segment, estimates & forecasts, 2016-2026 (USD billion)

TABLE 14. Global Telehealth market by region, estimates & forecasts, 2016-2026 (USD billion)

TABLE 15. Global Telehealth market by segment, estimates & forecasts, 2016-2026 (USD billion)

TABLE 16. Global Telehealth market by region, estimates & forecasts, 2016-2026 (USD billion)

TABLE 17. Global Telehealth market by segment, estimates & forecasts, 2016-2026 (USD billion)

TABLE 18. Global Telehealth market by region, estimates & forecasts, 2016-2026 (USD billion)

TABLE 19. Global Telehealth market by segment, estimates & forecasts, 2016-2026 (USD billion)

TABLE 20. Global Telehealth market by region, estimates & forecasts, 2016-2026 (USD billion)

TABLE 21. U.S. Telehealth market estimates & forecasts, 2016-2026 (USD billion)

TABLE 22. U.S. Telehealth market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 23. U.S. Telehealth market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 24. Canada Telehealth market estimates & forecasts, 2016-2026 (USD billion)

TABLE 25. Canada Telehealth market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 26. Canada Telehealth market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 27. UK Telehealth market estimates & forecasts, 2016-2026 (USD billion)

TABLE 28. UK Telehealth market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 29. UK Telehealth market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 30. Germany Telehealth market estimates & forecasts, 2016-2026 (USD billion)

TABLE 31. Germany Telehealth market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 32. Germany Telehealth market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 33. RoE Telehealth market estimates & forecasts, 2016-2026 (USD billion)

TABLE 34. RoE Telehealth market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 35. RoE Telehealth market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 36. China Telehealth market estimates & forecasts, 2016-2026 (USD billion)

TABLE 37. China Telehealth market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 38. China Telehealth market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 39. India Telehealth market estimates & forecasts, 2016-2026 (USD billion)

TABLE 40. India Telehealth market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 41. India Telehealth market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 42. Japan Telehealth market estimates & forecasts, 2016-2026 (USD billion)

TABLE 43. Japan Telehealth market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 44. Japan Telehealth market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 45. RoAPAC Telehealth market estimates & forecasts, 2016-2026 (USD billion)

TABLE 46. RoAPAC Telehealth market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 47. RoAPAC Telehealth market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 48. Brazil Telehealth market estimates & forecasts, 2016-2026 (USD billion)

TABLE 49. Brazil Telehealth market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 50. Brazil Telehealth market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 51. Mexico Telehealth market estimates & forecasts, 2016-2026 (USD billion)

TABLE 52. Mexico Telehealth market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 53. Mexico Telehealth market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 54. RoLA Telehealth market estimates & forecasts, 2016-2026 (USD billion)

TABLE 55. RoLA Telehealth market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 56. RoLA Telehealth market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 57. RoW Telehealth market estimates & forecasts, 2016-2026 (USD billion)

TABLE 58. RoW Telehealth market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 59. RoW Telehealth market estimates & forecasts by segment 2016-2026 (USD billion)

 
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