World Telehealth Market Thoroughly Examined in New M&M Study Now Available at MarketPublishers.com10 Jul 2015 • by Natalie Aster
LONDON – Worldwide, the telehealth market will likely register a 24.2% CAGR through 2020 to grow from USD 2.2 billion in 2015 to a value of USD 6.5 billion by end-2020. In the recent years, traditional approaches to quality assurance, cost management and patient care have been found ineffective against the background of emerging challenges. Hence, telehealth solutions are set to be amidst the key investment priorities for healthcare organisations striving to streamline the telehealth process and insure the implementation of efficient cost management procedures.
Region-wise, North America is set to dominate the world telehealth market in 2015. The US is the dominant market in the region, with Canada following after. APAC is anticipated to see the fastest growth in the offing, driven by the increasing medical tourism industry, booming Indian healthcare industry, a surging number of HCIT programmes and higher prevalence of chronic illnesses in Australia, and a hike in investments in telehealth in Australia.
Cerner Corporation, Honeywell Life Care Solutions, GE Healthcare, McKesson Corporation, the Medvivo Group, Medtronic, Inc., Philips Healthcare, Cisco Systems, Inc., and Tunstall Healthcare, among others, are the leading market participants.
New report “Telehealth Market by Component (Hardware (Blood Glucose Meters), Software (Integrated), Services (Remote Monitoring, Real-time Interactions)), End User (Providers, Patients) & by Delivery Mode (On Premise, Web, & Cloud) - Trends & Global Forecast to 2020” prepared by MarketsandMarkets (M&M) canvasses the world’s telehealth sector, categorised by component, end user, delivery mode, and region. The research study examines key market hindrances & drivers, challenges & opportunities. It canvasses the competitive scene, sheds light on the market players’ market shares, profiles the top 11 players covering their strategies, product ranges and services. Deep insight into R&D activities, new technologies, and novel product launches in the marketplace is provided. The report also offers details about lucrative emerging markets, includes detailed information on untapped geographies, novel services and products, latest developments, and also investments in the market.
Telehealth Market by Component (Hardware (Blood Glucose Meters), Software (Integrated), Services (Remote Monitoring, Real-time Interactions)), End User (Providers, Patients) & by Delivery Mode (On Premise, Web, & Cloud) - Trends & Global Forecast to 2020
Date: June, 2015
Price: US$ 4,650.00
More studies by the publisher can be found at M&M page.