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Global Remote Healthcare Market Size, Share & Trends Analysis Report by Service (Remote Patient Monitoring, Real Time Virtual Health, Tele-ICU), by End-user (Payer, Patient, Provider), by Region, and Segment Forecasts, 2021-2028

  • ID: 5415480
  • Report
  • June 2021
  • Region: Global
  • 150 Pages
  • Grand View Research

FEATURED COMPANIES

  • Advanced ICU Care
  • AirStrip Technologies
  • American Well
  • BioTelemetry
  • InTouch Technologies
  • Koninklijke Philips
The global remote healthcare market size is expected to reach USD 23.9 billion by 2028. The market is expected to expand at a CAGR of 17.0% from 2021 to 2028. COVID-19 pandemic has created a burden on healthcare systems. Moreover, many patients were hesitant to visit hospitals owing to fear of contracting COVID-19. This in turn increased the demand for telehealth including real time virtual health services. For instance, MDLive, a telehealth platform based in the U.S. witnessed a 95% increase in virtual visits and 300% increase in bookings in first half of 2020.



Moreover, many remote healthcare vendors, healthcare providers, and the government are taking aid of introducing various platforms to tackle COVID-19. For instance, in April 2021, major digital patient monitoring and real time virtual health providers Cloud DX, Maple, and Curatio announced its partnership to launch a COVID-19 home monitoring program in Canada. This program will include digital automated monitoring technology along with disease management support and clinical oversight via virtual care. Many hospitals are adopting tele-ICUs to provide effective and efficient treatment to COVID-19 patients and reduce burden on hospital staff. Such initiatives using technologies to tackle the COVID-19 pandemic is estimated to drive the market.

Rise in healthcare costs, increasing burden of diseases, shortage of hospital beds, and shortage of hospital staff is estimated to drive the market in near future. Moreover, increase penetration of internet, increasing adoption of smartphones and wearable devices, and increasing spending on healthcare IT is supporting the market growth. Many patients, providers and insurance companies are adopting technologies owing to its advantages such as enhanced quality of care, low cost and high efficiency.

Market players are investing in development of new digital healthcare technologies. Moreover, they are involved in strategic collaborations, partnerships and merger and acquisitions to expand to increase adoption of remote healthcare technologies and expand its company market share. For instance, in January 2021, Redox, a health IT company and Withings announced its partnership to make, MED - PRO CARE, a remote patient monitoring platform of Withings compatible with all electronic health record platforms utilized by healthcare stakeholders.

Remote Healthcare Market Report Highlights

  • Tele-ICUs emerged as leading service segment and accounted for the largest revenue share of 49.7% in 2020
  • The provider segment dominated the market and accounted for the largest revenue share in 2020, whereas the patient segment is projected to expand at fastest CAGR during the forecast period
  • North America dominated the market and accounted for the largest revenue share of 38.8% in 2020
  • In Asia Pacific, the market is projected to expand at fastest CAGR during the forecast period
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Advanced ICU Care
  • AirStrip Technologies
  • American Well
  • BioTelemetry
  • InTouch Technologies
  • Koninklijke Philips
Chapter 1 Methodology and Scope
1.1 Market Segmentation and Scope
1.2 Market Definition
1.3 Research Methodology
1.3.1 Information Procurement
1.3.1.1 Purchased database:
1.3.1.2 Internal database
1.3.2 Primary Research:
1.4 Research Scope and Assumptions
1.5 List to Data Sources

Chapter 2 Executive Summary
2.1 Global Remote Healthcare Market Outlook
2.2 Global Remote Healthcare Market Segment Outlook
2.3 Global Remote Healthcare Market Competitive Insight
2.4 Global Remote Healthcare Snapshot

Chapter 3 Global Remote Healthcare Market Variables, Trends, & Scope
3.1 Remote Healthcare Market Snapshot
3.2 Penetration and Growth Prospect Mapping
3.3 Market Dynamics
3.3.1 Market Driver Analysis
3.3.2 Market Restraint Analysis
3.3.3 Industry Challenges
3.4 Global Remote Healthcare Market Analysis Tools
3.4.1 Industry Analysis – Porter’s
3.4.1.1 Bargaining power of the suppliers
3.4.1.2 Bargaining power of the buyers
3.4.1.3 Threats of substitution
3.4.1.4 Threats from new entrants
3.4.1.5 Competitive rivalry
3.4.2 PESTEL Analysis
3.4.2.1 Political landscape
3.4.2.2 Economic and Social landscape
3.4.2.3 Technology landscape
3.4.2.4 Legal landscape
3.4.2.5 Technology landscape
3.5 Major Deals & Strategic Alliances Analysis
3.5.1 Mergers & Acquisitions
3.5.2 Technology Collaborations
3.5.3 Joint Ventures

Chapter 4 Global Remote Healthcare Market: Competitive Analysis
4.1 Recent Developments & Impact Analysis, By Key Market Participants
4.2 Company/Competition Categorization (Key innovators, market leaders, emerging players)
4.3 Vendor Landscape
4.3.1 Public Companies
4.3.1.1 Company Market Position Analysis
4.3.1.2 Company Market Ranking, By Region
4.3.2 Private Companies
4.3.2.1 Regional network map
4.3.2.2 Company market position analysis

Chapter 5 Global Remote Healthcare Market: Service Estimates & Trend Analysis
5.1 Definitions & Scope
5.2 Global Remote Healthcare Market: Service Market Share Analysis, 2020 and 2028
5.3 Remote Patient Monitoring
5.3.1 Remote patient monitoring market estimates and forecasts, 2016 - 2028 (USD million)
5.4 Real Time Virtual Health
5.4.1 Real time virtual health market estimates and forecasts, 2016 - 2028 (USD million)
5.4.2 Video communication market estimates and forecasts, 2016 - 2028 (USD million)
5.4.3 Audio communication market estimates and forecasts, 2016 - 2028 (USD million)
5.4.4 Email/chat box market estimates and forecasts, 2016 - 2028 (USD million)
5.5 Tele-ICU
5.5.1 Tele-ICU market estimates and forecasts, 2016 - 2028 (USD million)

Chapter 6 Global Remote Healthcare Market: End-user Estimates & Trend Analysis
6.1 Definitions & Scope
6.2 Global Remote Healthcare Market: End-user Market Share Analysis
6.3 Payer
6.3.1 Payer market estimates and forecasts, 2016 - 2028 (USD million)
6.4 Provider
6.4.1 Provider market estimates and forecasts, 2016 - 2028 (USD million)
6.5 Patient
6.5.1 Patient market estimates and forecasts, 2016 - 2028 (USD million)
6.6 Employer Groups & Government Organizations
6.6.1 Employer groups & government organizations market estimates and forecasts, 2016 - 2028 (USD million)

Chapter 7 Global Remote Healthcare Market: Regional Estimates & Trend Analysis, By Service, and End-user
7.1 Global Remote Healthcare Market: Regional Movement Analysis
7.2 North America
7.2.1 North America Remote Healthcare market estimates and forecasts, by Service, and, End-user, 2016 - 2028 (USD million)
7.2.2 U.S.
7.2.2.1 U.S. Remote Healthcare market estimates and forecasts, by Service, and, End-user, 2016 - 2028 (USD million)
7.2.3 Canada
7.2.3.1 Canada Remote Healthcare market estimates and forecasts, by Service, and, End-user, 2016 - 2028 (USD million)
7.3 Europe
7.3.1 Europe Remote Healthcare market estimates and forecasts, by Service, and, End-user, 2016 - 2028 (USD million)
7.3.2 U.K.
7.3.2.1 U.K. Remote Healthcare market estimates and forecasts, by Service, and, End-user, 2016 - 2028 (USD million)
7.3.3 Germany
7.3.3.1 Germany Remote Healthcare market estimates and forecasts, by Service, and, End-user, 2016 - 2028 (USD million)
7.3.4 France
7.3.4.1 France Remote Healthcare market estimates and forecasts, by Service, and, End-user, 2016 - 2028 (USD million)
7.3.5 Italy
7.3.5.1 Italy Remote Healthcare market estimates and forecasts, by Service, and, End-user, 2016 - 2028 (USD million)
7.3.6 Spain
7.3.6.1 Spain Remote Healthcare market estimates and forecasts, by Service, and, End-user, 2016 - 2028 (USD million)
7.4 Asia Pacific
7.4.1 Asia Pacific Remote Healthcare market estimates and forecasts, by Service, and, End-user, 2016 - 2028 (USD million)
7.4.2 Japan
7.4.2.1 Japan Remote Healthcare market estimates and forecasts, by Service, and, End-user, 2016 - 2028 (USD million)
7.4.3 China
7.4.3.1 China Remote Healthcare market estimates and forecasts, by Service, and, End-user, 2016 - 2028 (USD million)
7.4.4 India
7.4.4.1 India Remote Healthcare market estimates and forecasts, by Service, and, End-user, 2016 - 2028 (USD million)
7.4.5 Australia
7.4.5.1 Australia Remote Healthcare market estimates and forecasts, by Service, and, End-user, 2016 - 2028 (USD million)
7.4.6 South Korea
7.4.6.1 South Korea Remote Healthcare market estimates and forecasts, by Service, and, End-user, 2016 - 2028 (USD million)
7.5 Latin America
7.5.1 Latin America Remote Healthcare market estimates and forecasts, by Service, and, End-user, 2016 - 2028 (USD million)
7.5.2 Brazil
7.5.2.1 Brazil Remote Healthcare market estimates and forecasts, by Service, and, End-user, 2016 - 2028 (USD million)
7.5.3 Mexico
7.5.3.1 Mexico Remote Healthcare market estimates and forecasts, by Service, and, End-user, 2016 - 2028 (USD million)
7.5.4 Argentina
7.5.4.1 Argentina Remote Healthcare market estimates and forecasts, by Service, and, End-user, 2016 - 2028 (USD million)
7.6 MEA
7.6.1 MEA Remote Healthcare market estimates and forecasts, by Service, and, End-user, 2016 - 2028 (USD million)
7.6.2 South Africa
7.6.2.1 South Africa Remote Healthcare market estimates and forecasts, by Service, and, End-user, 2016 - 2028 (USD million)
7.6.3 Saudi Arabia
7.6.3.1 Saudi Arabia Remote Healthcare market estimates and forecasts, by Service, and, End-user, 2016 - 2028 (USD million)
7.6.4 UAE
7.6.4.1 UAE Remote Healthcare market estimates and forecasts, by Service, and, End-user, 2016 - 2028 (USD million)

Chapter 8 Competitive Landscape
8.1 Advanced ICU Care
8.1.1 Company overview
8.1.2 Financial performance
8.1.3 Product benchmarking
8.1.4 Strategic initiatives
8.2 BioTelemetry
8.2.1 Company overview
8.2.2 Financial performance
8.2.3 Product benchmarking
8.2.4 Strategic initiatives
8.3 Koninklijke Philips
8.3.1 Company overview
8.3.2 Financial performance
8.3.3 Product benchmarking
8.3.4 Strategic initiatives
8.4 Teladoc Health
8.4.1 Company overview
8.4.2 Financial performance
8.4.3 Product benchmarking
8.4.4 Strategic initiatives
8.5 Vivify Health
8.5.1 Company overview
8.5.2 Financial performance
8.5.3 Product benchmarking
8.5.4 Strategic initiatives
8.6 AirStrip Technologies
8.6.1 Company overview
8.6.2 Financial performance
8.6.4 Product benchmarking
8.6.4 Strategic initiatives
8.7 Medtronic
8.7.1 Company overview
8.7.2 Financial performance
8.7.3 Product benchmarking
8.7.4 Strategic initiatives
8.8 InTouch Technologies
8.8.1 Company overview
8.8.2 Financial performance
8.8.3 Product benchmarking
8.8.4 Strategic initiatives
8.9 American Well
8.9.1 Company overview
8.9.2 Financial performance
8.9.3 Product benchmarking
8.9.4 Strategic initiatives
8.10 Resideo Life Care Solutions
8.10.1 Company overview
8.10.2 Financial performance
8.10.3 Product benchmarking
8.10.4 Strategic initiatives

List of Tables
Table 1 List of Abbreviation
Table 2 North America Remote Healthcare market, by Service, 2016 - 2028 (USD Million)
Table 3 North America Remote Healthcare market, by end-user, 2016 - 2028 (USD Million)
Table 4 U.S. Remote Healthcare market, by service, 2016 - 2028 (USD Million)
Table 5 U.S. Remote Healthcare market, by end-user, 2016 - 2028 (USD Million)
Table 6 Canada Remote Healthcare market, by service, 2016 - 2028 (USD Million)
Table 7 Canada Remote Healthcare market, by end-user, 2016 - 2028 (USD Million)
Table 8 Europe Remote Healthcare market, by service, 2016 - 2028 (USD Million)
Table 9 Europe Remote Healthcare market, by end-user, 2016 - 2028 (USD Million)
Table 10 U.K. Remote Healthcare market, by service, 2016 - 2028 (USD Million)
Table 11 U.K. Remote Healthcare market, by end-user, 2016 - 2028 (USD Million)
Table 12 Germany Remote Healthcare market, by service, 2016 - 2028 (USD Million)
Table 13 Germany Remote Healthcare market, by end-user, 2016 - 2028 (USD Million)
Table 14 Spain Remote Healthcare market, by service, 2016 - 2028 (USD Million)
Table 15 Spain Remote Healthcare market, by end-user, 2016 - 2028 (USD Million)
Table 16 France Remote Healthcare market, by service, 2016 - 2028 (USD Million)
Table 17 France Remote Healthcare market, by end-user, 2016 - 2028 (USD Million)
Table 18 Italy Remote Healthcare market, by service, 2016 - 2028 (USD Million)
Table 19 Italy Remote Healthcare market, by end-user, 2016 - 2028 (USD Million)
Table 20 Asia Pacific Remote Healthcare market, by service, 2016 - 2028 (USD Million)
Table 21 Asia Pacific Remote Healthcare market, by end-user, 2016 - 2028 (USD Million)
Table 22 Japan Remote Healthcare market, by service, 2016 - 2028 (USD Million)
Table 23 Japan Remote Healthcare market, by end-user, 2016 - 2028 (USD Million)
Table 24 China Remote Healthcare market, by service, 2016 - 2028 (USD Million)
Table 25 China Remote Healthcare market, by end-user, 2016 - 2028 (USD Million)
Table 26 India Remote Healthcare market, by service, 2016 - 2028 (USD Million)
Table 27 India Remote Healthcare market, by end-user, 2016 - 2028 (USD Million)
Table 28 Australia Remote Healthcare market, by service, 2016 - 2028 (USD Million)
Table 29 Australia Remote Healthcare market, by end-user, 2016 - 2028 (USD Million)
Table 30 South Korea Remote Healthcare market, by service, 2016 - 2028 (USD Million)
Table 31 South Korea Remote Healthcare market, by end-user, 2016 - 2028 (USD Million)
Table 32 Latin America Remote Healthcare market, by service, 2016 - 2028 (USD Million)
Table 33 Latin America Remote Healthcare market, by end-user, 2016 - 2028 (USD Million)
Table 34 Brazil Remote Healthcare market, by service, 2016 - 2028 (USD Million)
Table 35 Brazil Remote Healthcare market, by end-user, 2016 - 2028 (USD Million)
Table 36 Mexico Remote Healthcare market, by service, 2016 - 2028 (USD Million)
Table 37 Mexico Remote Healthcare market, by end-user, 2016 - 2028 (USD Million)
Table 38 Argentina Remote Healthcare market, by service, 2016 - 2028 (USD Million)
Table 39 Argentina Remote Healthcare market, by end-user, 2016 - 2028 (USD Million)
Table 40 MEA Remote Healthcare market, by service, 2016 - 2028 (USD Million)
Table 41 MEA Remote Healthcare market, by end-user, 2016 - 2028 (USD Million)
Table 42 South Africa Remote Healthcare market, by service, 2016 - 2028 (USD Million)
Table 43 South Africa Remote Healthcare market, by end-user, 2016 - 2028 (USD Million)
Table 44 Saudi Arabia Remote Healthcare market, by service, 2016 - 2028 (USD Million)
Table 45 Saudi Arabia Remote Healthcare market, by end-user, 2016 - 2028 (USD Million)
Table 46 UAE Remote Healthcare market, by service, 2016 - 2028 (USD Million)
Table 47 UAE Remote Healthcare market, by end-user, 2016 - 2028 (USD Million)
Table 48 List of key market players, by products and financial information

List of Figures
Fig. 1 Remote Healthcare Market Summary, 2020 (USD Millions)
FIG. 2 Remote Healthcare market trends & outlook
FIG. 3 Remote Healthcare market segmentation
FIG. 4 Market driver relevance analysis (Current & future impact)
FIG. 5 Market Restraint relevance analysis (Current & future impact)
FIG. 6 Penetration & growth prospect mapping
FIG. 7 SWOT Analysis, By Factor (political & legal, economic and technological)
FIG. 8 Porter’s Five Forces Analysis
FIG. 9 Remote Healthcare market, Service outlook key takeaways (USD Millions)
FIG. 10 Remote Healthcare market: Service movement analysis (USD Million)
FIG. 11 Remote Healthcare market estimates and forecasts for remote patient monitoring, 2016 - 2028 (USD Millions)
FIG. 12 Remote Healthcare market estimates and forecasts for real time virtual health, 2016 - 2028 (USD Millions)
FIG. 13 Remote Healthcare market estimates and forecasts for video communication, 2016 - 2028 (USD Millions)
FIG. 14 Remote Healthcare market estimates and forecasts for audio communication, 2016 - 2028 (USD Millions)
FIG. 15 Remote Healthcare market estimates and forecasts for email/chat box, 2016 - 2028 (USD Million)
FIG. 16 Remote Healthcare market estimates and forecasts for tele-ICU, 2016 - 2028 (USD Million)
FIG. 17 Remote Healthcare market, end-user outlook key takeaways (USD Millions)
FIG. 18 Remote Healthcare market: End-user movement analysis (USD Million)
FIG. 19 Remote Healthcare market estimates and forecasts in payer, 2016 - 2028 (USD Million)
FIG. 20 Remote Healthcare market estimates and forecasts in provider, 2016 - 2028 (USD Million)
FIG. 21 Remote Healthcare market estimates and forecasts in patient, 2016 - 2028 (USD Million)
FIG. 22 Remote Healthcare market estimates and forecasts in Employer groups & government organizations, 2016 - 2028 (USD Million)
FIG. 23 Regional market place: Key takeaways
FIG. 24 Remote Healthcare market: Regional movement analysis (USD Million)
FIG. 25 North America Remote Healthcare market estimates and forecasts, 2016 - 2028 (USD Million)
FIG. 26 U.S. Remote Healthcare market estimates and forecasts, 2016 - 2028 (USD Million)
FIG. 27 Canada Remote Healthcare market estimates and forecasts, 2016 - 2028 (USD Million)
FIG. 28 Europe Remote Healthcare market estimates and forecasts, 2016 - 2028 (USD Million)
FIG. 29 U.K. Remote Healthcare market estimates and forecasts, 2016 - 2028 (USD Million)
FIG. 30 Germany Remote Healthcare market estimates and forecasts, 2016 - 2028 (USD Million)
FIG. 31 Spain Remote Healthcare market estimates and forecasts, 2016 - 2028 (USD Million)
FIG. 32 France Remote Healthcare market estimates and forecasts, 2016 - 2028 (USD Million)
FIG. 33 Italy Remote Healthcare market estimates and forecasts, 2016 - 2028 (USD Million)
FIG. 34 Asia Pacific Remote Healthcare market estimates and forecasts, 2016 - 2028 (USD Million)
FIG. 35 Japan Remote Healthcare market estimates and forecasts, 2016 - 2028 (USD Million)
FIG. 36 China Remote Healthcare market estimates and forecasts, 2016 - 2028 (USD Million)
FIG. 37 India Remote Healthcare market estimates and forecasts, 2016 - 2028 (USD Million)
FIG. 38 Australia Remote Healthcare market estimates and forecasts, 2016 - 2028 (USD Million)
FIG. 39 South Korea Remote Healthcare market estimates and forecasts, 2016 - 2028 (USD Million)
FIG. 40 Latin America Remote Healthcare market estimates and forecasts, 2016 - 2028 (USD Million)
FIG. 41 Brazil Remote Healthcare market estimates and forecasts, 2016 - 2028 (USD Million)
FIG. 42 Mexico Remote Healthcare market estimates and forecasts, 2016 - 2028 (USD Million)
FIG. 43 Argentina Remote Healthcare market estimates and forecasts, 2016 - 2028 (USD Million)
FIG. 44 MEA Remote Healthcare market estimates and forecasts, 2016 - 2028 (USD Million)
FIG. 45 South Africa Remote Healthcare market estimates and forecasts, 2016 - 2028 (USD Million)
FIG. 46 Saudi Arabia Remote Healthcare market estimates and forecasts, 2016 - 2028 (USD Million)
FIG. 47 UAE Remote Healthcare market estimates and forecasts, 2016 - 2028 (USD Million)
FIG. 48 Strategic Framework
Note: Product cover images may vary from those shown
  • Advanced ICU Care
  • BioTelemetry
  • Koninklijke Philips
  • Teladoc Health
  • Vivify Health
  • AirStrip Technologies
  • Medtronic
  • InTouch Technologies
  • American Well
  • Resideo Life Care Solutions
Note: Product cover images may vary from those shown

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