Telehealth Market Fortune Business Insights report studies latest Telehealth industry aspects market size, share, trends, growth, business overview and Telehealth industry scenario during the forecast period 2026
The “Telehealth Market2020” is likely to expand considerably with impetus from the ability of telehealth to serve the rural population. According to a report published by Fortune Business Insights, titled “Telehealth: Global Market Analysis, Insights, and Forecast, 2019-2026,” The Global Telehealth Market was valued at US$ 49.8 Bn in 2018. Fortune Business Insights has predicted that the market will reach US$ 266.8 Bn by 2026, thereby exhibiting a CAGR of 23.4%.
Report Highlights:
Key Companies and Manufacturers Covered:
The study covers key players operating in the market along with prime schemes and strategies implemented by each player to hold high positions in the industry. Such a tough vendor landscape provides a competitive outlook of the industry, consequently existing as a key insight.
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Technological Advancements to Fuel Demand for Telehealth Services
The technological advancements in telehealth products and services have fuelled the demand for telehealth services across the world. The advent of user-friendly systems has contributed to a high demand, which in turn has led to an increase in the global telehealth market value in recent years. In 2019, InTouch announced the launch of a fully integrated end-to-end virtual platform aimed at providing enhanced patient care solutions. ‘Solo’ was a flexible platform integrated with services such as enhanced emergency care solutions, direct-to-patient, and direct-to-customer, which in turn will contribute to the growth of the global telehealth market in the coming years.
Company Collaborations Are Proving Chief Growth Drivers
Due to the increasing demand, telehealth market companies are adopting collaborative strategies with the aim of expanding business on a global scale. Furthermore, leading companies in the telehealth industry are focusing on mergers and acquisitions to gain competitive strength. Companies are trying to incorporate modern industrial concepts with a view to gain more end users. Fortune Business Insights expects market collaborations will help companies generate substantial telehealth market revenue.
In April 2018, American Well acquired Avizia Limited with the aim of strengthening its position among the companies in the telehealth industry. American Well’s acquisition of Avizia will help the company take a big leap in the telehealth market, owing to the exceptional portfolio of telehealth services bolstered by Avizia. The report includes company mergers, similar to American Well’s latest acquisition and signifies the impact of such MandAs on the global telehealth market.
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Detailed Table of Content:
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4.1. Overview of Telehealth Services
4.2. Regulatory Scenario – For Key Countries
4.3. Reimbursement Scenario – For Key Countries
4.4. New Product Launch
4.5. Overview of Countries with Telehealth Policies
4.6. Technological Advancements in Telehealth Market
4.7. Startups with their Funding Overview
4.8. Key industry Developments – Mergers, Acquisitions and Partnerships
5.1. Key Findings / Summary
5.2. Market Analysis, Insights and Forecast By Type
5.2.1. Products
5.2.2. Services
5.3. Market Analysis, Insights and Forecast By Application
5.3.1. Telemedicine
5.3.2. Patient Monitoring
5.3.3. Continuous Medical Education
5.3.4. Others
5.4. Market Analysis, Insights and Forecast By Modality
5.4.1. Store-and-forward (Asynchronous)
5.4.2. Real-time (Synchronous)
5.4.3. Remote Patient Monitoring
5.5. Market Analysis, Insights and Forecast By End User
5.5.1. Healthcare Facilities
5.5.2. Homecare
5.5.3. Others
5.6. Market Analysis, Insights and Forecast By Region
5.6.1. North America
5.6.2. Europe
5.6.3. Asia Pacific
5.6.4. Latin America
5.6.5. Middle East and Africa
6.1. Key Findings / Summary
6.2. Market Analysis, Insights and Forecast By Type
6.2.1. Products
6.2.2. Services
6.3. Market Analysis, Insights and Forecast By Application
6.3.1. Telemedicine
6.3.2. Patient Monitoring
6.3.3. Continuous Medical Education
6.3.4. Others
6.4. Market Analysis, Insights and Forecast By Modality
6.4.1. Store-and-forward (Asynchronous)
6.4.2. Real-time (Synchronous)
6.4.3. Remote Patient Monitoring
6.5. Market Analysis, Insights and Forecast By End User
6.5.1. Healthcare Facilities
6.5.2. Homecare
6.5.3. Others
6.6. Market Analysis, Insights and Forecast By Country
6.6.1. U.S.
6.6.2. Canada
TOC Continued….
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Research Methodology:
Fortune Business Insights follows a robust research methodology that involves data triangulation based on top-down, bottom-up approaches, and validation of the estimated market numbers through primary research. The information used to estimate the market size and forecast for various segments at the global, regional, and country level is derived from the most credible published sources and through interviews with the right stakeholders.
Growth rate or CAGR exhibited by a market for a certain forecast period is calculated on the basis of various factors and their level of impact on the market. These factors include market drivers, restraints, industry challenges, market and technological developments, market trends, etc.
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