There are several drivers, restraints and opportunities responsible for shaping the telehealth market. Several factors including increase in aging population, rise in the number of chronical diseases and scarcity of physicians in the United States are currently driving the telehealth market. However, low success rate in minimizing outpatient attendance and concerns associated with the security of the medical data are hampering market growth. On the other hand, North American region is believed to dominate the telehealth market worldwide.
The telehealth market is segmented based on prime elements such as component, delivery model, end-customer and geography. The key components examined in the report consists of hardware, services and software. Major end-customers of the market are healthcare providers, payers, patients etc. In addition, the delivery mode covered in the market research report includes on -premise, web and cloud. Regions such as North America, Europe, Asia -Pacific and LAMEA are likely to witness tremendous growth.
A closer look at the competitive landscape reveals that major IT brands are busy launching big data as a service market solutions and generating clients in the same month itself. Prominent market players are also seen acquiring new companies or local market players to maintain their competitive edge. Other business strategies favored by the companies include constant upgradation, joint ventures and collaborations. Prominent brands active in the market are Cisco Systems Inc., Life Care Solutions, Siemens Healthcare, Robert Bosch Healthcare and many others.
KEY BENEFITS FOR STAKEHOLDERS
The market research report provides an integrated information on the major drivers, restraints and opportunities influencing the industry growth, during the forecast period 2014 2020.
The study further drills down to produce data volume by components, end customers and demography.
SWOT analysis of major brands, highlights weaknesses, strengths, opportunities and threats. The data proves effective for business owners planning on designing their marketing and branding strategies.
Region wise business performance discussed in the market research report would be valuable for enterprises planning to explore new areas.
The report not only examines the market dynamics but also takes a closer look at the growth rate and industrial chain structure.
Study further weigh up on the prominent market players and what they are doing different to position their product in the already crowded marketplace.
Assessment of upstream and downstream market also forms an important part of the report.
TELEHEALTH MARKET KEY SEGMENTS
World Telehealth Market By Component
Hardware
Services
Software
Others
World Telehealth Market By Delivery Model
On -Premise
Web
Cloud
World Telehealth Market By End-Customers
Healthcare Providers
Patients
Payers
Others
World Telehealth Market Geography
North America
Europe
Asia -Pacific
LAMEA
Key Market Players
Cisco Systems Inc.
Life Care Solutions
Siemens Healthcare
Robert Bosch Healthcare
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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