Rising Trends and Opportunities in Global Telehealth Market (2016-2020)

Published Date : Mar 14, 2016

ALBANY, New York, March 14, 2016- MarketResearchReports.biz has announced the addition of the “Global Telehealth Market: Trends and Opportunities (2016-2020)” report to its offering. This market research report on the telehealth market explores the evolving landscape of the telehealth industry. The report analyzes the important market aspects and dynamics and studies the underlying growth opportunities. Market trends and market size by volume and value are mentioned in the report. The report studies the digital health industry’s background and the evolution of telehealth and the major forms of telehealth services. 

Telehealth refers to the use of electronic and telecommunication equipment to administer health care remotely. Telehealth is a subset of digital healthcare and involves patient and professional health-related education, public health, and clinical health care. Telehealth includes many medical subspecialties, such as teledermatology, telecardiology, telepathology, teletrauma, teleneurology, telesurgery/remote surgery, and teleradiology. By using live videoconference facilities and systems, telepediatrics and telepsychiatry can also be practiced.

The global telehealth market is driven by the growing geriatric population, an increase in the prevalence of chronic diseases, and the rising cost of healthcare. The increased adoption of telehealth technology is also attributed to technological advancements and innovation in the telehealth market, thereby boosting the market’s growth. What restrains the market is the limited HER connectivity, reimbursement challenges, low adoption and utilization of telehealth by consumers, and various regulatory and legal concerns.

The report mentions key trends such as venture funding, improvement in the reimbursement landscape, and acquisitions in the telehealth market. It gives statistics and makes use of charts, infographics, and tables, whenever required, to present the data in a clear and concise manner. The report helps those interested in the market in making smart decisions related to the industry and benefitting from the information provided.

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The report segments the global telehealth market by geography into Asia Pacific, North America, Europe, and the Rest of the World. Out of the regions studied and analyzed in the report, the North America market held the largest share in the global telehealth market, followed by Europe and Asia Pacific. According to the report, Asia Pacific is the fastest growing region.

The report profiles and includes useful information regarding the leading players in the telehealth industry, such as: American Well, Teladoc Inc., and MDLIVE Inc. The report gives an overview of the strategies used by these companies to rise to the top in the telehealth industry. The reports of the success and failure of these companies will help interested individuals or companies learn and adopt or reject ideas for their benefit.

Information on telehealth devices and services by value and volume is given in the report. Key market dynamics for each of the regions analyzed are presented in the report. 

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