Telehealth Market to Rise at an Impressive 13% CAGR

Telehealth Market (By Type: Product and Services; By Application: Radiology, Cardiology, Urgent Care, Remote ICU, Psychiatry, and Dermatology; By End use: Healthcare Facilities, Homecare, and Others) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

The global market for telehealth market is expected to grow at a CAGR of roughly 13% during the forecast period 2019 to 2026, will reach 20 Billion US$ by 2026.

Healthcare standards are changing globally this is impacting the healthcare service sector to a greater end. With rapid digitization in developed and developing country access to healthcare service via computers and mobile devices is easy. Telehealth is use of this device/technology in order to access advanced healthcare care and manage it accordingly and adoption from doctors of these technology is to improve healthcare service.

This report also covers details of market size, growth spectrum, and the competitive scenario of telehealth market in the forecast timeline.

Telehealth is a modern way of delivering healthcare services to the patients. It’s an easy way of patient self-management where the information and communication technology is used in diagnosis, consultation, treatment, education, etc. With rapidly changing healthcare standards across the globe approach towards providing service is also changing. Live video conference and remote patient monitoring are some service that are changing the way of patient care management.

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North America market in 2018 contributed to major revenue share, factors attributing to major share are growing healthcare standards and well-developed healthcare infrastructure. In addition, favorable government policies and presence of major players operating in the country in this region are among other factors expected to boost the growth of the target market. Moreover, approach towards business expansion activities through strategic partnerships and agreements are expected to further revenue support the growth in this region. For instance, in 2018, American Well acquired Avizia Limited this acquisition will help the company to strengthen their position in North America and expand product portfolio.

Rising government spending on development of healthcare sector is a major factor expected to drive the Asia Pacific market growth. Government in developing countries is focused on providing advanced healthcare services as there is an increase in geriatric population suffering from various chronic diseases. Consumers approach towards home healthcare is resulting in growing demand for telehealth services.

Global telehealth market regional segment is further divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Factors that are expected to drive the growth of the global telehealth market are increasing number of patient pool suffering from various chronic diseases across the globe, growing geriatric population, coupled with approach towards adoption of home healthcare. In addition, increasing government spending on development of healthcare infrastructure, favorable reimbursement policies in developed countries, and introduction of various user-friendly applications are factors further expected to boost the growth of target market.

Moreover, availability of fast internet along with high mobile penetration in developing countries is resulting in demand for remote monitoring services are expected to support growth of target market.

However, lack of regulatory framework related to telehealth in developing countries is expected to hamper the market growth. In addition, high cost of services and lack of required infrastructure in order to support the advanced devices are factors expected to challenge the growth of target market to a certain extent.

Developing government regulation related to healthcare services in developing countries, coupled with players approach towards investment in order to provide better telehealth services are factors creating new revenue opportunities thus supporting the growth of target market over the forecast period.

Global telehealth market is segmented into type, application, end use, and region. The service market is expected to account for major revenue share owing to rising home healthcare approach among consumers. Geriatric population is suffering from various old age problems and prolongs stay in hospitals is not affordable due high cost of healthcare. This is growing patient’s inclination towards adoption of home healthcare services.

Some of the major players operating in the global Telehealth market are American Well, GlobalMed, Teladoc Health, Inc., Dictum Health, Inc., LLC, InTouch Technologies, Inc., Doctor On Demand, Inc., MDLIVE Inc., Encounter Telehealth, HelloMD, and SnapMD, Inc. The market players are focused on providing new services and introduction of new products in product portfolio in order to attract new customers and increase their business presence. In addition, merger and acquisition activities in order to increase the business share are expected to further increase the competition in the market.

Key Findings

The global Telehealth market was valued at around US$ 7 Bn in 2018. Among the type segment the service segment is expected to contribute significant revenue shares in the market globally.

TABLE OF CONTENT

CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Telehealth
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Telehealth Market By Type
1.2.2.1. Global Telehealth Market Revenue and Growth Rate Comparison By Type (2015-2026)
1.2.2.2. Global Telehealth Market Revenue Share By Type in 2018
1.2.2.3. Product
1.2.2.4. Service
1.2.3. Telehealth Market By Application
1.2.3.1. Global Telehealth Market Revenue and Growth Rate Comparison By Application (2015-2026)
1.2.3.1. Radiology
1.2.3.2. Cardiology
1.2.3.3. Urgent Care
1.2.3.4. Remote ICU
1.2.3.5. Psychiatry
1.2.3.6. Dermatology
1.2.4. Telehealth Market By End Use
1.2.4.1. Global Telehealth Market Revenue and Growth Rate Comparison By End Use (2015-2026)
1.2.4.2. Healthcare Facilities
1.2.4.3. Homecare
1.2.4.4. Others
1.2.5. Telehealth Market By Geography
1.2.5.1. Global Telehealth Market Revenue and Growth Rate Comparison By Geography (2015-2026)
1.2.5.2. North America Telehealth Market Revenue and Growth Rate (2015-2026)
1.2.5.3. Europe Telehealth Market Revenue and Growth Rate (2015-2026)
1.2.5.4. Asia-Pacific Telehealth Market Revenue and Growth Rate (2015-2026)
1.2.5.5. Latin America Telehealth Market Revenue and Growth Rate (2015-2026)
1.2.5.6. Middle East and Africa (MEA) Telehealth Market Revenue and Growth Rate (2015-2026)

CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2018
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players

CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Telehealth Major Manufacturers in 2018
3.2. Manufacturing Plants Distribution of Global Telehealth Major Manufacturers in 2018
3.3. R&D Status and Technology Source of Global Telehealth Major Manufacturers in 2018
3.4. Raw Materials Sources Analysis of Global Telehealth Major Manufacturers in 2018

CHAPTER 4. TELEHEALTH MARKET BY TYPE
4.1. Global Telehealth Revenue By Type
4.2. Product
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. Service
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 5. TELEHEALTH MARKET BY APPLICATION
5.1. Global Telehealth Revenue By Application
5.2. Radiology
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Cardiology
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.4. Urgent Care
5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.5. Remote ICU
5.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.6. Psychiatry
5.6.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.6.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.7. Dermatology
5.7.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.7.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 6. TELEHEALTH MARKET BY END USE
6.1. Global Telehealth Revenue By End Use
6.2. Healthcare Facilities
6.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.3. Homecare
6.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.4. Others
6.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 7. NORTH AMERICA TELEHEALTH MARKET BY COUNTRY
7.1. North America Telehealth Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2. North America Telehealth Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. U.S.
7.3.1. U.S. Telehealth Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.3.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
7.4. Canada
7.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.4.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)

CHAPTER 8. EUROPE TELEHEALTH MARKET BY COUNTRY
8.1. Europe Telehealth Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. Europe Telehealth Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. UK
8.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.3.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
8.4. Germany
8.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.4.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
8.5. France
8.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.5.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
8.6. Spain
8.6.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.6.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.6.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
8.7. Rest of Europe
8.7.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.7.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.7.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)

CHAPTER 9. ASIA-PACIFIC TELEHEALTH MARKET BY COUNTRY
9.1. Asia-Pacific Telehealth Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Asia-Pacific Telehealth Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. China
9.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.3.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
9.4. Japan
9.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.4.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
9.5. India
9.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.5.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
9.6. Australia
9.6.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.6.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.6.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
9.7. South Korea
9.7.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.7.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.7.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
9.8. Rest of Asia-Pacific
9.8.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.8.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.8.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)

CHAPTER 10. LATIN AMERICA TELEHEALTH MARKET BY COUNTRY
10.1. Latin America Telehealth Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Latin America Telehealth Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. Brazil
10.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.3.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
10.4. Mexico
10.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.4.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
10.5. Rest of Latin America
10.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.5.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)

CHAPTER 11. MIDDLE EAST & AFRICA TELEHEALTH MARKET BY COUNTRY
11.1. Middle East & AFRICA Telehealth Market Revenue and Growth Rate, 2015 - 2026 ($Million)
11.2. Middle East & AFRICA Telehealth Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. GCC
11.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
11.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.3.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
11.4. South Africa
11.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
11.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.4.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
11.5. Rest of Middle East & AFRICA
11.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
11.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.5.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)

CHAPTER 12. COMPANY PROFILE
12.1. American Well
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Type Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. GlobalMed
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Type Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. Teladoc Health, Inc.
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Type Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. Dictum Health, Inc., LLC
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Type Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. InTouch Technologies, Inc.
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Type Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. Doctor On Demand, Inc.
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Type Portfolio
12.6.5. Key Developments
12.6.6. Strategies
12.7. MDLIVE Inc.
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Type Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. Encounter Telehealth
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Type Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. HelloMD
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Type Portfolio
12.9.5. Key Developments
12.9.6. Strategies
12.10. SnapMD, Inc.
12.10.1. Company Snapshot
12.10.2. Overview
12.10.3. Financial Overview
12.10.4. Type Portfolio
12.10.5. Key Developments
12.10.6. Strategies
12.11. Others
12.11.1. Company Snapshot
12.11.2. Overview
12.11.3. Financial Overview
12.11.4. Type Portfolio
12.11.5. Key Developments
12.11.6. Strategies

CHAPTER 13. RESEARCH APPROACH
13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope

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