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.
Table of Contents
1 Introduction
1.1 Scope of Study
1.2 Research Report Guidance
2 Key Takeaways
3 Telehealth Market Landscape
3.1 Market Overview
3.2 Market Segmentation
3.2.1 Telehealth Market - by Type
3.2.2 Telehealth Market - by Mode of Delivery
3.2.3 Telehealth Market - by End User
3.2.4 Telehealth Market - by Region
3.2.4.1 by Countries
3.3 Pest Analysis
3.3.1 North America - Pest Analysis
3.3.2 Europe - Pest Analysis
3.3.3 Asia Pacific - Pest Analysis
3.3.4 Middle East and Africa - Pest Analysis
3.3.5 South and Central America - Pest Analysis
4 Telehealth Market - Key Industry Dynamics
4.1 Key Market Drivers
4.2 Key Market Restraints
4.3 Key Market Opportunities
4.4 Future Trends
4.5 Impact Analysis
5 Telehealth Market Analysis- Global
5.1 Global Telehealth Market Overview
5.2 Global Telehealth Market Revenue Forecasts and Analysis (US$ Mn)
5.3 Market Positioning/Market Share
5.4 Performance of Key Players
5.5 Expert Opinions
6 Telehealth Market -Global Regulatory Scenario
7 Telehealth Market Revenue and Forecasts To 2025 - Type (US$ Mn)
7.1 Overview
7.2 Type Market Forecasts and Analysis
7.3 Hardware Market
7.3.1 Overview
7.3.2 Hardware Stents Market Revenue Forecasts and Analysis (US$ Mn)
7.4 Services Market
7.4.1 Overview
7.4.2 Services Market Revenue Forecasts and Analysis (US$ Mn)
7.5 Software Market
7.5.1 Overview
7.5.2 Software Market Revenue Forecasts and Analysis (US$ Mn)
8 Telehealth Market Revenue and Forecasts To 2025 - Mode of Delivery (US$ Mn)
8.1 Overview
8.2 Mode of Delivery Market Forecasts and Analysis
8.3 On-Premise Delivery Mode Market
8.3.1 Overview
8.3.2 On-Premise Delivery Mode Market Revenue Forecasts and Analysis (US$ Mn)
8.4 Web-Based Delivery Mode Market
8.4.1 Overview
8.4.2 Web-Based Delivery Mode Market Revenue Forecasts and Analysis (US$ Mn)
8.5 Cloud-Based Delivery Mode Market
8.5.1 Overview
8.5.2 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 Overview
9.2 End User Market Forecasts and Analysis
9.3 Patients Market
9.3.1 Overview
9.3.2 Patients Market Revenue Forecasts and Analysis (US$ Mn)
9.4 Payers Market
9.4.1 Overview
9.4.2 Payers Market Revenue Forecasts and Analysis (US$ Mn)
9.5 Healthcare Providers Market 9.5.1 Overview
9.5.2 Healthcare Providers Market Revenue Forecasts and Analysis (US$ Mn)
10 North America Telehealth Market Revenue and Forecasts To 2025 - Country Analysis
10.1 North America Telehealth Market Overview
10.2 North America Telehealth Market Revenue Forecasts and Analysis (US$ Mn)
10.3 North America Market Forecasts and Analysis - by Type
10.4 North America Market Forecasts and Analysis - by Mode of Delivery
10.5 North America Market Forecasts and Analysis - by End User
10.6 North America Market Forecasts and Analysis - by Countries
10.7 Us Market Overview
10.7.1 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 Overview
10.8.1 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 Overview
10.9.1 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 Analysis
11.1 Europe Telehealth Market Overview
11.2 Europe Telehealth Market Revenue Forecasts and Analysis (US$ Mn)
11.3 Europe Market Forecasts and Analysis - by Type
11.4 Europe Market Forecasts and Analysis - by Mode of Delivery
11.5 Europe Market Forecasts and Analysis - by End User
11.6 Europe Market Forecasts and Analysis - by Countries
11.7 UK Market Overview
11.7.1 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 Overview
11.8.1 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 Overview
11.9.1 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 Analysis
12.1 Asia Pacific (Apac)
12.2 Asia Pacific Telehealth Market Overview
12.3 Asia Pacific Telehealth Market Revenue Forecasts and Analysis (US$ Mn)
12.4 Asia Pacific Market Forecasts and Analysis - by Type
12.5 Asia Pacific Market Forecasts and Analysis - by Mode of Delivery
12.6 Asia Pacific Market Forecasts and Analysis - by End User
12.7 Asia Pacific Market Forecasts and Analysis - by Countries
12.8 Japan Market Overview
12.8.1 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 Overview
12.9.1 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 (Us
12.10 India Market Overview
12.10.1 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 Analysis
13.1 Middle East &Amp; Africa (Mea) Telehealth Market Overview
13.2 Middle East &Amp; Africa (Mea) Telehealth Market Revenue Forecasts and Analysis (US$ Mn)
13.3 Middle East &Amp; Africa (Mea) Market Forecasts and Analysis - by Type
13.4 Middle East &Amp; Africa (Mea) Market Forecasts and Analysis - by Mode of Delivery
13.5 Middle East &Amp; Africa (Mea) Market Forecasts and Analysis - by End User
13.6 Middle East &Amp; Africa (Mea) Market Forecasts and Analysis - by Countries
13.7 South Africa Market Overview
13.7.1 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 Overview
13.8.1 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 Overview
13.9.1 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 Analysis
14.1 South and Central America Telehealth Market Overview
14.2 South and Central America Telehealth Market Revenue Forecasts and Analysis (US$ Mn)
14.3 South and Central America Market Forecasts and Analysis - by Type
14.4 South and Central America Market Forecasts and Analysis - by Mode of Delivery
14.5 South and Central America Market Forecasts and Analysis - by End User
14.6 South and Central America Market Forecasts and Analysis - by Countries
14.7 Brazil Market Overview
14.7.1 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 Landscape
15.1 Organic Growth Strategies
15.1.1 New Product Launches
15.1.2 Marketing &Amp; Promotional Activities
15.2 Inorganic Growth Strategies
15.2.1 Partnerships, Collaborations, and Joint Ventures
15.2.2 Mergers &Amp; Acquisitions
15.2.3 Geographic Expansions
16 Telehealth Market, Key Company Profiles
16.1 Medtronic Plc
16.1.1 Key Facts
16.1.2 Business Description
16.1.3 Financial Overview
16.1.4 Product/Service Portfolio
16.1.5 Swot Analysis
16.1.6 Key Developments
16.1.7 Clientele
16.2 Cerner Corporation
16.2.1 Key Facts
16.2.2 Business Description
16.2.3 Financial Overview
16.2.4 Product/Service Portfolio
16.2.5 Swot Analysis
16.2.6 Key Developments
16.2.7 Clientele
16.3 Tunstall Healthcare
16.3.1 Key Facts
16.3.2 Business Description
16.3.3 Financial Overview
16.3.4 Product/Service Portfolio
16.3.5 Swot Analysis
16.3.6 Key Developments
16.3.7 Clientele
16.4 Amd Global Telemedicine, Inc.
16.4.1 Key Facts
16.4.2 Business Description
16.4.3 Financial Overview
16.4.4 Product/Service Portfolio
16.4.5 Swot Analysis
16.4.6 Key Developments
16.4.7 Clientele
16.5 Philips Healthcare
16.5.1 Key Facts
16.5.2 Business Description
16.5.3 Financial Overview
16.5.4 Product/Service Portfolio
16.5.5 Swot Analysis
16.5.6 Key Developments
16.5.7 Clientele
16.6 Cisco Systems, Inc.
16.6.1 Key Facts
16.6.2 Business Description
16.6.3 Financial Overview
16.6.4 Product/Service Portfolio
16.6.5 Swot Analysis
16.6.6 Key Developments
16.6.7 Clientele
16.7 Aerotel Medical Systems Ltd.
16.7.1 Key Facts
16.7.2 Business Description
16.7.3 Financial Overview
16.7.4 Product/Service Portfolio
16.7.5 Swot Analysis
16.7.6 Key Developments
16.7.7 Clientele
16.8 Honeywell Life Care Solutions
16.8.1 Key Facts
16.8.2 Business Description
16.8.3 Financial Overview
16.8.4 Product/Service Portfolio
16.8.5 Swot Analysis
16.8.6 Key Developments
16.8.7 Clientele
16.9 Medvivo Group Ltd.
16.9.1 Key Facts
16.9.2 Business Description
16.9.3 Financial Overview
16.9.4 Product/Service Portfolio
16.9.5 Swot Analysis
16.9.6 Key Developments
16.9.7 Clientele
16.10 American Well
16.10.1 Key Facts
16.10.2 Business Description
16.10.3 Financial Overview
16.10.4 Product/Service Portfolio
16.10.5 Swot Analysis
16.10.6 Key Developments
16.10.7 Clientele
17 Appendix
17.1 About the Publisher
17.2 Glossary of Terms
17.3 Research Methodology
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 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
