Telehealth Market to 2025 - Global Analysis and Forecasts by Product, Type, Mode of Delivery and End User
In our study, we have segmented the telehealth market by product, type, mode of delivery and end user. Based on product, global telehealth market is segmented as integrated and standalone. Based on type, the market is segmented into software, hardware and services. The mode of delivery segment is classified as on-premise, cloud-based and web-based. In the basis of end user the global market of telehealth is segmented into patients, prayers and healthcare providers.
The telehealth market is estimated to account for US$ 52,897.2 Mn by the end of 2025, escalating at a CAGR of 15.7% during the forecast period from 2018 to 2025, rising from US$ 17,289.9 Mn in 2017.
The growth of the telehealth market can be attributed to the increasing adoption of the home monitoring programs for the treatment. Home monitoring programs are designed to help patients with frequent ER visits or re-hospitalization to receive treatment in the comfort of their home. The goal of the Home monitoring programs is to reduce the hospital readmissions or trips to the physician and reduce length of stays in hospitals. For instance, in November, 2017, Medtronic launched a new telehealth service with the Medtronic Care Management Services that support the U.S. Department of Veterans Affairs (VA) for Home Telehealth Devices and Services. Furthermore, improvement in ICT technologies is expected to offer wide growth opportunities for the players operating in the telehealth market during the forecast period.
Strategic approaches by major players such as geographical expansions, new product launches, partnerships, and collaborations in the market also are expected to accelerate the market growth. For instance, in May 2018, American Well launched AW11, which is the latest telehealth to offer the video visits to patients. Such product launches increase the commercial availability of the product and services and thus bolster the market growth.
North America is anticipated to hold significant share in the global telehealth market, owing to factors such as government initiatives, investments made by the major companies, and advancements in ICT and remote monitoring technologies, coupled with high acceptance among the customers especially in the US and Canada. The demand for telehealth is anticipated to increase at a considerable rate in Asia-Pacific region during the forecast period, owing to increasing demand in China. China has a well-defined telehealth systems present in its healthcare systems also the EHR systems are adopted by various providers. The high growth of this region can be attributed to increasing geriatric population and growing technological advancements that enable mobile telehealth in rural and urban areas.
The market for telehealth consists of well-recognized organizations as well as emerging companies namely; Medtronic, Cerner Corporation, Tunstall Healthcare, AMD Global Telemedicine, Inc., Philips Healthcare, Cisco Systems, Inc., Aerotel Medical Systems Ltd., Honeywell Life Care Solutions, Medvivo Group Ltd., American Well among others.
1 Introduction1.1 Scope of Study1.2 The Insight Partners Research Report Guidance2 Key Takeaways3 Telehealth Market Landscape3.1 Market Overview3.2 Market Segmentation3.2.1 Telehealth Market - By Type3.2.2 Telehealth Market - By Mode of Delivery3.2.3 Telehealth Market - By End User3.2.4 Telehealth Market - By Region3.2.4.1 By Countries3.3 PEST Analysis3.3.1 North America - PEST Analysis3.3.2 Europe - PEST Analysis3.3.3 Asia Pacific - PEST Analysis3.3.4 Middle East and Africa - PEST Analysis3.3.5 South and Central America - PEST Analysis4 Telehealth Market - Key Industry Dynamics4.1 Key Market Drivers4.2 Key Market Restraints4.3 Key Market Opportunities4.4 Future Trends4.5 Impact Analysis5 Telehealth Market Analysis- Global5.1 Global Telehealth Market Overview5.2 Global Telehealth Market Revenue Forecasts and Analysis (US$ Mn)5.3 Market Positioning/Market Share5.4 Performance of Key Players5.5 Expert Opinions6 Telehealth Market -Global Regulatory Scenario7 Telehealth Market Revenue and Forecasts to 2025 - Type (US$ Mn)7.1 Overview7.2 Type Market Forecasts and Analysis7.3 Hardware Market7.3.1 Overview7.3.2 Hardware Stents Market Revenue Forecasts and Analysis (US$ Mn)7.4 Services Market7.4.1 Overview7.4.2 Services Market Revenue Forecasts and Analysis (US$ Mn)7.5 Software Market7.5.1 Overview7.5.2 Software Market Revenue Forecasts and Analysis (US$ Mn)8 Telehealth Market Revenue and Forecasts to 2025 - Mode of Delivery (US$ Mn)8.1 Overview8.2 Mode of Delivery Market Forecasts and Analysis8.3 On-Premise Delivery Mode Market8.3.1 Overview8.3.2 On-Premise Delivery Mode Market Revenue Forecasts and Analysis (US$ Mn)8.4 Web-Based Delivery Mode Market8.4.1 Overview8.4.2 Web-Based Delivery Mode Market Revenue Forecasts and Analysis (US$ Mn)8.5 Cloud-Based Delivery Mode Market8.5.1 Overview8.5.2 Cloud-Based Delivery Mode Market Revenue Forecasts and Analysis (US$ Mn)9 Telehealth Market Revenue and Forecasts to 2025 - End User (US$ Mn)9.1 Overview9.2 End User Market Forecasts and Analysis9.3 Patients Market9.3.1 Overview9.3.2 Patients Market Revenue Forecasts and Analysis (US$ Mn)9.4 Payers Market9.4.1 Overview9.4.2 Payers Market Revenue Forecasts and Analysis (US$ Mn)9.5 Healthcare Providers Market 9.5.1 Overview9.5.2 Healthcare Providers Market Revenue Forecasts and Analysis (US$ Mn) 10 North America Telehealth Market Revenue and Forecasts to 2025 - Country Analysis10.1 North America Telehealth Market Overview10.2 North America Telehealth Market Revenue Forecasts and Analysis (US$ Mn)10.3 North America Market Forecasts and Analysis - By Type10.4 North America Market Forecasts and Analysis - By Mode of Delivery10.5 North America Market Forecasts and Analysis - By End User10.6 North America Market Forecasts and Analysis - By Countries10.7 US Market Overview10.7.1 US Telehealth Market Revenue Forecasts and Analysis-By Type (US$ Mn)10.7.2 US Telehealth Market Revenue Forecasts and Analysis-By Mode of Delivery (US$ Mn)10.7.3 US Telehealth Market Revenue Forecasts and Analysis-By End User (US$ Mn)10.8 Canada Market Overview10.8.1 Canada Telehealth Market Revenue Forecasts and Analysis-By Type (US$ Mn)10.8.2 Canada Telehealth Market Revenue Forecasts and Analysis-By Mode of Delivery (US$ Mn)10.8.3 Canada Telehealth Market Revenue Forecasts and Analysis-By End User (US$ Mn)10.9 Mexico Market Overview10.9.1 Mexico Telehealth Market Revenue Forecasts and Analysis-By Type (US$ Mn)10.9.2 Mexico Telehealth Market Revenue Forecasts and Analysis-By Mode of Delivery (US$ Mn)10.9.3 Mexico Telehealth Market Revenue Forecasts and Analysis-By End User (US$ Mn)11 Europe Telehealth Market Revenue and Forecasts to 2025 - Country Analysis11.1 Europe Telehealth Market Overview11.2 Europe Telehealth Market Revenue Forecasts and Analysis (US$ Mn)11.3 Europe Market Forecasts and Analysis - By Type11.4 Europe Market Forecasts and Analysis - By Mode of Delivery11.5 Europe Market Forecasts and Analysis - By End User11.6 Europe Market Forecasts and Analysis - By Countries11.7 UK Market Overview11.7.1 UK Telehealth Market Revenue Forecasts and Analysis-By Type (US$ Mn)11.7.2 UK Telehealth Market Revenue Forecasts and Analysis-By Mode of Delivery (US$ Mn)11.7.3 UK Telehealth Market Revenue Forecasts and Analysis-By End User (US$ Mn)11.8 Germany Market Overview11.8.1 Germany Telehealth Market Revenue Forecasts and Analysis-By Type (US$ Mn)11.8.2 Germany Telehealth Market Revenue Forecasts and Analysis-By Mode of Delivery (US$ Mn)11.8.3 Germany Telehealth Market Revenue Forecasts and Analysis-By End User Rate (US$ Mn)11.9 France Market Overview11.9.1 France Telehealth Market Revenue Forecasts and Analysis-By Type (US$ Mn)11.9.2 France Telehealth Market Revenue Forecasts and Analysis-By Mode of Delivery (US$ Mn)11.9.3 France Telehealth Market Revenue Forecasts and Analysis-By End User (US$ Mn)12 Asia Pacific Telehealth Market Revenue and Forecasts to 2025 - Country Analysis12.1 Asia pacific (APAC)12.2 Asia Pacific Telehealth Market Overview12.3 Asia Pacific Telehealth Market Revenue Forecasts and Analysis (US$ Mn)12.4 Asia Pacific Market Forecasts and Analysis - By Type12.5 Asia Pacific Market Forecasts and Analysis - By Mode of Delivery12.6 Asia Pacific Market Forecasts and Analysis - By End User12.7 Asia Pacific Market Forecasts and Analysis - By Countries12.8 Japan Market Overview12.8.1 Japan Telehealth Market Revenue Forecasts and Analysis-By Type (US$ Mn)12.8.2 Japan Telehealth Market Revenue Forecasts and Analysis-By Mode of Delivery (US$ Mn)12.8.3 Japan Telehealth Market Revenue Forecasts and Analysis-By End User (US$ Mn)12.9 China Market Overview12.9.1 China Telehealth Market Revenue Forecasts and Analysis-By Type (US$ Mn)12.9.2 China Telehealth Market Revenue Forecasts and Analysis-By Mode of Delivery (US$ Mn)12.9.3 China Telehealth Market Revenue Forecasts and Analysis-By End User (US12.10 India Market Overview12.10.1 India Telehealth Market Revenue Forecasts and Analysis-By Type (US$ Mn)12.10.2 India Telehealth Market Revenue Forecasts and Analysis-By Mode of Delivery (US$ Mn)12.10.3 India Telehealth Market Revenue Forecasts and Analysis-By End User (US$ Mn)13 Middle East and Africa (MEA) Telehealth Market Revenue and Forecasts to 2025 - Geographical Analysis13.1 Middle East & Africa (MEA) Telehealth Market Overview13.2 Middle East & Africa (MEA) Telehealth Market Revenue Forecasts and Analysis (US$ Mn)13.3 Middle East & Africa (MEA) Market Forecasts and Analysis - By Type13.4 Middle East & Africa (MEA) Market Forecasts and Analysis - By Mode of Delivery13.5 Middle East & Africa (MEA) Market Forecasts and Analysis - By End User13.6 Middle East & Africa (MEA) Market Forecasts and Analysis - By Countries13.7 South Africa Market Overview13.7.1 South Africa Telehealth Market Revenue Forecasts and Analysis-By Type (US$ Mn)13.7.2 South Africa Telehealth Market Revenue Forecasts and Analysis-By Mode of Delivery (US$ Mn)13.7.3 South Africa Telehealth Market Revenue Forecasts and Analysis-By End User (US$ Mn)13.8 Saudi Arabia Market Overview13.8.1 Saudi Arabia Telehealth Market Revenue Forecasts and Analysis-By Type (US$ Mn)13.8.2 Saudi Arabia Telehealth Market Revenue Forecasts and Analysis-By Mode of Delivery (US$ Mn)13.8.3 Saudi Arabia Telehealth Market Revenue Forecasts and Analysis-By End User (US$ Mn)13.9 UAE Market Overview13.9.1 UAE Telehealth Market Revenue Forecasts and Analysis-By Type (US$ Mn)13.9.2 UAE Telehealth Market Revenue Forecasts and Analysis-By Mode of Delivery (US$ Mn)13.9.3 UAE Telehealth Market Revenue Forecasts and Analysis-By End User (US$ Mn)14 South and Central America Telehealth Market Revenue and Forecasts to 2025 - Geographical Analysis14.1 South and Central America Telehealth Market Overview14.2 South and Central America Telehealth Market Revenue Forecasts and Analysis (US$ Mn)14.3 South and Central America Market Forecasts and Analysis - By Type14.4 South and Central America Market Forecasts and Analysis - By Mode of Delivery14.5 South and Central America Market Forecasts and Analysis - By End User14.6 South and Central America Market Forecasts and Analysis - By Countries14.7 Brazil Market Overview14.7.1 Brazil Telehealth Market Revenue Forecasts and Analysis-By Type (US$ Mn)14.7.2 Brazil Telehealth Market Revenue Forecasts and Analysis-By Mode of Delivery (US$ Mn)14.7.3 Brazil Telehealth Market Revenue Forecasts and Analysis-By End User (US$ Mn)15 Industry Landscape15.1 Organic Growth Strategies15.1.1 New Product Launches15.1.2 Marketing & Promotional Activities15.2 Inorganic Growth Strategies15.2.1 Partnerships, Collaborations, and Joint Ventures15.2.2 Mergers & Acquisitions15.2.3 Geographic Expansions16 Telehealth Market, Key Company Profiles16.1 Medtronic PLC 16.1.1 Key Facts16.1.2 Business Description16.1.3 Financial Overview16.1.4 Product/Service Portfolio16.1.5 SWOT Analysis16.1.6 Key Developments16.1.7 Clientele16.2 Cerner Corporation16.2.1 Key Facts16.2.2 Business Description16.2.3 Financial Overview16.2.4 Product/Service Portfolio16.2.5 SWOT Analysis16.2.6 Key Developments16.2.7 Clientele16.3 Tunstall Healthcare 16.3.1 Key Facts 16.3.2 Business Description16.3.3 Financial Overview16.3.4 Product/Service Portfolio16.3.5 SWOT Analysis16.3.6 Key Developments16.3.7 Clientele16.4 AMD Global Telemedicine, Inc. 16.4.1 Key Facts16.4.2 Business Description16.4.3 Financial Overview16.4.4 Product/Service Portfolio16.4.5 SWOT Analysis16.4.6 Key Developments16.4.7 Clientele16.5 Philips Healthcare16.5.1 Key Facts16.5.2 Business Description16.5.3 Financial Overview16.5.4 Product/Service Portfolio16.5.5 SWOT Analysis16.5.6 Key Developments16.5.7 Clientele16.6 Cisco Systems, Inc. 16.6.1 Key Facts16.6.2 Business Description16.6.3 Financial Overview16.6.4 Product/Service Portfolio16.6.5 SWOT Analysis16.6.6 Key Developments16.6.7 Clientele16.7 Aerotel Medical Systems Ltd.16.7.1 Key Facts16.7.2 Business Description16.7.3 Financial Overview16.7.4 Product/Service Portfolio16.7.5 SWOT Analysis16.7.6 Key Developments16.7.7 Clientele16.8 Honeywell Life Care Solutions16.8.1 Key Facts16.8.2 Business Description16.8.3 Financial Overview16.8.4 Product/Service Portfolio16.8.5 SWOT Analysis16.8.6 Key Developments16.8.7 Clientele16.9 Medvivo Group Ltd. 16.9.1 Key Facts16.9.2 Business Description16.9.3 Financial Overview16.9.4 Product/Service Portfolio16.9.5 SWOT Analysis16.9.6 Key Developments16.9.7 Clientele16.10 American Well 16.10.1 Key Facts16.10.2 Business Description16.10.3 Financial Overview16.10.4 Product/Service Portfolio16.10.5 SWOT Analysis16.10.6 Key Developments16.10.7 Clientele17 Appendix17.1 About The Insight Partners17.2 Glossary of Terms17.3 Research Methodology
