Telehealth Market Research Report: Information By Component (Hardware, Software, and Services), By Mode of Delivery (Web/Cloud-Based, and On-Premise), By Application (Radiology, Cardiology, Primary Care, Neurophysiology, and others), By End Users (Hospitals and Clinics, Diagnostic Centers, Home Care, and others), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2030
Market Research Future Insights
According to MRFR analysis, the global telehealth market is expected to register a CAGR of 34.20% from 2022 to 2030 and hold a value of over USD 867 billion by 2030.
Telehealth refers to the use of telecommunications technology to deliver healthcare services remotely. This includes telemedicine, which involves using video conferencing, remote monitoring, and other technologies to provide clinical care to patients who are not physically present in the same location as their healthcare provider. The COVID-19 pandemic has had a significant impact on the telehealth market, as it has accelerated the adoption of remote healthcare services. With social distancing measures and lockdowns in place, many patients have been unable to access traditional in-person healthcare services, leading to a surge in demand for telehealth solutions. In addition, governments and healthcare providers have recognized the potential of telehealth to improve access to care, particularly in rural and underserved areas, and to reduce the burden on overburdened healthcare systems.
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Key Players
Some of the key market players are Allscripts Healthcare Solutions (US), American Well (US), Honeywell International Inc. (US), Right Health (Canada), Boston Scientific Corporation (US), Medtronic PLC (Ireland), Care Innovations LLC (US), GlobalMed (US), Siemens (Germany), and AMD Global Telemedicine Inc. (US)
Market Segmentation
The Global Telehealth market has been segmented into based on component mode of delivery, application, and end-user.
Based on Components: Hardware, Software and Services
Based on Mode of Delivery: Web/Cloud-Based and On-Premise
Based on Application: Radiology, Cardiology, Primary Care, Neurophysiology, Others
Based on End User: Hospitals and Clinics, Diagnostic Centers, Home Care and Others
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Regional Analysis
In North America, the United States has been the largest market for telehealth solutions, with a large number of telehealth companies and healthcare providers offering remote healthcare services. In Europe, countries such as the United Kingdom and Germany have been early adopters of telehealth, while in Asia Pacific, countries such as China and India are expected to see significant growth in the telehealth market in the coming years.
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