Telehealth Market Is Booming Worldwide | Koninklijke Philips N.V. (Netherlands), Medtronic (Ireland), GE Healthcare (US)

Global Telehealth Market Size study with COVID-19 Impact, by Component (Software & Services, Hardware), by Application (Teleradiology, telestroke, teleICU, Tele-consultation, Tele-psychiatry, Tele-dermatology, Other Applications), by End-User (Provider, Payer, Patient), Delivery Mode (On-Premise, Cloud) and Regional Forecasts 2020-2026 , Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Telehealth market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Telehealth market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). – In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis

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Global Telehealth Market is valued approximately at USD 21.73 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 17.5% over the forecast period 2020-2026.

Telehealth delivers health related information and services through telecommunication technologies. It integrates various technologies which allows the delivery of healthcare facilities through virtual medical and health services. These services aid in the long-distance communication between patient and healthcare specialist and supports easy diagnosis, consultation, treatment and more.

Factors such as growing population increases the demand for healthcare services alone with shortage of physicians drive the market growth. Further, rapid digitalization in the healthcare sector supports the market growth. Moreover, rising government initiatives and increasing consumer awareness fuel the market growth. Also, with the growing prevalence of chronic diseases and other conditions the demand for Telehealth Services increases. Moreover, the COVID-19 pandemic has provided significant growth to the Telehealth market. As amidst the crisis the people are advised for self-isolation, physical diagnosis, and physical contact with the doctors puts both patients and doctors at risk of contracting the virus. This has created a potential market for telehealth services during the crisis as these allows diagnosis and treatments of patients without any physical contact. Moreover, the COVID-19 virus has brought a tremendous increase in the number of patients while the number of doctors remain the same. Telehealth facilities offers easy management and time saving for doctors which helps them diagnose and treat a greater number of patients. Hence rising advantages coupled with government initiatives to implement telehealth services drives the market during and post Pandemic. As in April 2020, the governor of Maryland signed 2 new telehealth bills into law. These bills expand the kind of services doctors can provide thorguh digital means like video chat and email. While, in March 2020, The U.S. Department of Health & Human Services’ Office for Civil Rights issued frequently asked questions (‘FAQs’) on telehealth remote communications following its Notification of Enforcement Discretion (‘the Notification’) during the COVID-19 (‘Coronavirus’) public health emergency. These government support backs the growth of the telehealth market during the forecast period. Additionally, in March 2020, Harrow Health, Inc. and ImprimisRx, two major healthcare companies, announced their exclusive agreement with Doxy.me, a full-service telemedicine solution. The ImprimisRx customers will have free access to the entire suite of Doxy.me award-winning telemedicine services. However, regional laws and standards impedes the growth of the market over the forecast period of 2020-2026.

The regional analysis of global Telehealth market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the advanced healthcare infrastructure and presence of major market players in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026. Factors such as rising digitization and increasing penetration of connected devices coupled with rising prevalence of chronic diseases would create lucrative growth prospects for the Telehealth market across Asia-Pacific region.

Major market player included in this report are:

Koninklijke Philips N.V. (Netherlands)

Medtronic (Ireland)

GE Healthcare (US)

Cerner Corporation (US)

Siemens Healthineers (Germany)

Cisco Systems, Inc. (US)

Teladoc Health Inc. (US)

American Well (US)

AMC Health (US)

MDLive (US)

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component:

Software & Services

Hardware

By Application:

Teleradiology

Tele-stroke

Tele-ICU

Tele-consultation

Tele-psychiatry

Tele-dermatology

Other Applications

By End-User:

Provider

Payer

Patient

By Delivery Mode:

On-Premise

Cloud

Geographical Breakdown: The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery path of Covid 19 for all regions, key developed countries and major emerging markets.

Countries:Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam

In-Depth Qualitative COVID 19 Outbreak Impact Analysis Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter’s Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.

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Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis

Q.1 What are some of the most promising potential, high growth opportunities for the global market by application, by product, by end user and by region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2 Which segments will grow at a faster speed and why?

Q.3 Which regions will grow at a faster speed and why?

Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?

Q.5 What are the business risks and threats of market?

Q.6 What are emerging trends in market and the reasons behind them?

Q.7 What are some changing demands of customers in the market?

Q.8 What are the new developments in the market? Which companies are leading these developments?

Q.9 Who are the leading players in market? What strategic initiatives are being implemented by key players for business growth?

Q.10 What are some of the competitive products and processes in this market?

Q.11 What M & A activities have taken place in the last five years in this market?

The Study Explore COVID 19 Outbreak Impact Analysis

• What should be entry strategies, countermeasures to economic impact, and marketing channels?
• What are market dynamics?
• What are challenges and opportunities?
• What is economic impact on market?
• What is current market status? What’s market competition in this industry, both company, and country wise? What’s market analysis by taking applications and types in consideration?

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Key Points Covered in Telehealth Market Report:

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2026 (USD Billion)
1.2.1. Telehealth Market, by Region, 2018-2026 (USD Billion)
1.2.2. Telehealth Market, by Component, 2018-2026 (USD Billion)
1.2.3. Telehealth Market, by Application, 2018-2026 (USD Billion)
1.2.4. Telehealth Market, by End-User, 2018-2026 (USD Billion)
1.2.5. Telehealth Market, by Delivery Mode, 2018-2026 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Telehealth Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Telehealth Market Dynamics
3.1. Telehealth Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Telehealth Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2016-2026)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Telehealth Market, by Component
5.1. Market Snapshot
5.2. Global Telehealth Market by Component, Performance – Potential Analysis
5.3. Global Telehealth Market Estimates & Forecasts by Component 2016-2026 (USD Billion)
5.4. Telehealth Market, Sub Segment Analysis
5.4.1. Software & Services
5.4.2. Hardware
Chapter 6. Global Telehealth Market, by Application
6.1. Market Snapshot
6.2. Global Telehealth Market by Application, Performance – Potential Analysis
6.3. Global Telehealth Market Estimates & Forecasts by Application 2016-2026 (USD Billion)
6.4. Telehealth Market, Sub Segment Analysis
6.4.1. Teleradiology
6.4.2. Tele-stroke
6.4.3. Tele-ICU
6.4.4. Tele-consultation
6.4.5. Tele-psychiatry
6.4.6. Tele-dermatology
6.4.7. Other Applications
Chapter 7. Global Telehealth Market, by End-User
7.1. Market Snapshot
7.2. Global Telehealth Market by End-User, Performance – Potential Analysis
7.3. Global Telehealth Market Estimates & Forecasts by End-User 2016-2026 (USD Billion)
7.4. Telehealth Market, Sub Segment Analysis
7.4.1. Provider
7.4.2. Payer
7.4.3. Patient
Chapter 8. Global Telehealth Market, by Delivery Mode
8.1. Market Snapshot
8.2. Global Telehealth Market by Delivery Mode, Performance – Potential Analysis
8.3. Global Telehealth Market Estimates & Forecasts by Delivery Mode 2016-2026 (USD Billion)
8.4. Telehealth Market, Sub Segment Analysis
8.4.1. On-Premise
8.4.2. Cloud
Chapter 9. Global Telehealth Market, Regional Analysis
9.1. Telehealth Market, Regional Market Snapshot
9.2. North America Telehealth Market
9.2.1. U.S. Telehealth Market
9.2.1.1. Component breakdown estimates & forecasts, 2016-2026
9.2.1.2. Application breakdown estimates & forecasts, 2016-2026
9.2.1.3. End-User breakdown estimates & forecasts, 2016-2026
9.2.1.4. Delivery Mode breakdown estimates & forecasts, 2016-2026
9.2.2. Canada Telehealth Market
9.3. Europe Telehealth Market Snapshot
9.3.1. U.K. Telehealth Market
9.3.2. Germany Telehealth Market
9.3.3. Rest of Europe Telehealth Market
9.4. Asia-Pacific Telehealth Market Snapshot
9.4.1. China Telehealth Market
9.4.2. India Telehealth Market
9.4.3. Japan Telehealth Market
9.4.4. Rest of Asia Pacific Telehealth Market
9.5. Latin America Telehealth Market Snapshot
9.5.1. Brazil Telehealth Market
9.5.2. Mexico Telehealth Market
9.6. Rest of The World Telehealth Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Koninklijke Philips N.V. (Netherlands)
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2. Medtronic (Ireland)
10.2.3. GE Healthcare (US)
10.2.4. Cerner Corporation (US)
10.2.5. Siemens Healthineers (Germany)
10.2.6. Cisco Systems, Inc. (US)
10.2.7. Teladoc Health Inc. (US)
10.2.8. American Well (US)
10.2.9. AMC Health (US)
10.2.10. MDLive (US)
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

……..and view more in complete table of Contents

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