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Global Telehealth Market (2023-2028) Competitive Analysis, Impact of Covid-19, Impact of Economic Slowdown & Impending Recession, Ansoff Analysis

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  • 207 Pages
  • February 2024
  • Infogence Global Research
  • ID: 5669485

COVID-19 pandemic surged telehealth usage as consumers and providers sought ways to safely access and deliver healthcare

The Global Telehealth Market is estimated to be USD 44.82 Bn in 2023 and is expected to reach USD 91.42 Bn by 2028 growing at a CAGR of 15.32%.

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

  • The Global Telehealth Market is segmented based on Components, Mode of Delivery, Applications, End User, and Geography
  • By Components, the market is classified into Software & Services and Hardware.
  • By Mode of Delivery, the market is classified into Cloud-Based Mode of Delivery and On-Premise Mode of Delivery.
  • By Applications, the market is classified into Teleconsultation, Tele-ICU, Telepsychiatry, Telestroke, Teledermatology, and Other Applications.
  • > By End User, the market is classified into Providers, Payers, Patients, and Other End Users.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa, and Asia-Pacific.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Koninklijke Philips N.V., Medtronic plc, GE Healthcare, Cerner Corp., Siemens Healthineers AG, Cisco Systems, Inc., etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

  • The report presents a detailed Ansoff matrix analysis for the Global Telehealth Market . Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development, and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
  • The publisher analyses the Global Telehealth Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
  • Based on the SWOT analysis conducted on the industry and industry players, the publisher has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Telehealth Market . The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the market are also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations, and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Rising Prevalence of Chronic Conditions
4.1.2 Cost-Benefits of Telehealth and Telemedicine
4.1.3 Government Support and Rising Awareness
4.2 Restraints
4.2.1 Regulatory Variations Across Regions
4.2.2 Fraud in Telemedicine and Telehealth
4.3 Opportunities
4.3.1 High Utility in Combating Infectious Diseases and Epidemics
4.3.2 Use of Blockchain, AI, and Virtual Assistants
4.4 Challenges
4.4.1 Inability to ascertain Hygiene and Cleanliness
4.4.2 Behavioral Barriers, Healthcare Affordability, and Lack of Awareness
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter’s Five Forces Analysis
5.3 PESTLE Analysis
5.4 SWOT Analysis
5.5 Impact of COVID-19
5.6 Impact of Economic Slowdown & Impending Recession
5.7 Ansoff Matrix Analysis
6 Global Telehealth Market , By Components
6.1 Introduction
6.2 Software & Services
6.3 Remote Patient Monitoring
6.4 Real-Time Interaction
6.5 Store and Forward
6.6 Hardware
6.7 Monitors
6.8 Medical Peripheral Devices
7 Global Telehealth Market , By Mode of Delivery
7.1 Introduction
7.2 Cloud Mode of Delivery
7.3 On-Premises Mode of Delivery
8 Global Telehealth Market , By Applications
8.1 Introduction
8.2 Teleconsultation
8.3 TeleICU
8.4 Telepsychiatry
8.5 Telestroke
8.6 Teledermatology
8.7 Other Applications
9 Global Telehealth Market , By End User
9.1 Introduction
9.2 Providers
9.3 Payers
9.4 Patients
9.5 Other End Users
10 Americas' Telehealth Market Market
10.1 Introduction
10.2 Argentina
10.3 Brazil
10.4 Canada
10.5 Chile
10.6 Colombia
10.7 Mexico
10.8 Peru
10.9 United States
10.10 Rest of Americas
11 Europe's Telehealth Market Market
11.1 Introduction
11.2 Austria
11.3 Belgium
11.4 Denmark
11.5 Finland
11.6 France
11.7 Germany
11.8 Italy
11.9 Netherlands
11.10 Norway
11.11 Poland
11.12 Russia
11.13 Spain
11.14 Sweden
11.15 Switzerland
11.16 United Kingdom
11.17 Rest of Europe
12 Middle East and Africa's Telehealth Market Market
12.1 Introduction
12.2 Egypt
12.3 Israel
12.4 Qatar
12.5 Saudi Arabia
12.6 South Africa
12.7 United Arab Emirates
12.8 Rest of MEA
13 APAC's Telehealth Market Market
13.1 Introduction
13.2 Australia
13.3 Bangladesh
13.4 China
13.5 India
13.6 Indonesia
13.7 Japan
13.8 Malaysia
13.9 Philippines
13.10 Singapore
13.11 South Korea
13.12 Sri Lanka
13.13 Thailand
13.14 Taiwan
13.15 Rest of Asia-Pacific
14 Competitive Landscape
14.1 Competitive Quadrant
14.2 Market Share Analysis
14.3 Strategic Initiatives
14.3.1 M&A and Investments
14.3.2 Partnerships and Collaborations
14.3.3 Product Developments and Improvements
15 Company Profiles
15.1 Alten Calsoft Labs
15.2 AMC Health
15.3 Amwell
15.4 Asahi Kasei Corp.
15.5 Cerner Corp.
15.6 Chiron Health
15.7 Cisco Systems, Inc.
15.8 Doctor on Demand, Inc.
15.9 GE Healthcare
15.10 GlobalMed
15.11 iCliniq
15.12 Imediplus
15.13 Iron Bow Technologies, LLC
15.14 Koninklijke Philips N.V.
15.15 MDlive
15.16 Medtronic PLC
15.17 Medvivo Group Ltd.
15.18 Medweb
15.19 Resideo Life Care Solutions
15.20 Siemens Healthineers Ag
15.21 Teladoc Health, Inc.
15.22 TeleSpecialists, LLC
15.23 VSee
15.24 Zipnosis
16 Appendix
16.1 Questionnaire

Companies Mentioned

  • Alten Calsoft Labs
  • AMC Health
  • Amwell
  • Asahi Kasei Corp.
  • Cerner Corp.
  • Chiron Health
  • Cisco Systems, Inc.
  • Doctor on Demand, Inc.
  • GE Healthcare
  • GlobalMed
  • iCliniq
  • Imediplus
  • Iron Bow Technologies, LLC
  • Koninklijke Philips N.V.
  • MDlive
  • Medtronic PLC
  • Medvivo Group Ltd.
  • Medweb
  • Resideo Life Care Solutions
  • Siemens Healthineers Ag
  • Teladoc Health, Inc.
  • TeleSpecialists, LLC
  • VSee
  • Zipnosis