The Business Research Company’s Telehealth Global Market Report 2021: COVID-19 Growth And Change
LONDON, GREATER LONDON , UK, April 27, 2021 /EINPresswire.com/ — According to the new market research report ‘Telehealth Global Market Report 2021: COVID-19 Growth And Change’ published by The Business Research Company, the telehealth market is expected to reach a value of nearly $218.5 billion in 2025 at a CAGR of 28.34%. The outbreak of COVID-19 propelled the growth of the telehealth market.
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The telehealth market consists of sales of telehealth services by entities (organizations, sole traders and partnerships) that are engaged in providing telehealth services for the smooth functioning of healthcare services. Telehealth is the use of electronic data and telecommunications technology to promote long-distance medical healthcare services, patient and professional health education, public health, and health management. Technologies comprise of streaming media, teleconferencing, web, store-and-forward imaging, terrestrial and wireless communications.
Trends In The Global Telehealth Market
Major companies operating in the telehealth sector are focusing on developing advanced solutions for telehealth that help remote monitoring easily. For instance, in April 2020, Royal Philips, a technology company that is engaged in healthcare, lighting, and consumer well-being markets, introduced Avalon CL Fetal and Maternal Pod and Patch for remote monitoring. The goal of the new wireless Avalon CL Fetal and Maternal Pod and Patch is to minimize unwanted physical contacts between physicians and patients, which is of significance during the COVID-19 pandemic.
Global Telehealth Market Segments:
The global telehealth market is further segmented based on component, mode of delivery, application, end user and geography.
By Component: Software, Services, Hardware.
By Mode Of Delivery: Cloud-based, On-Premise.
By Application: Teleradiology, Teleconsultation, TeleICU, Telestroke, Telepsychiatry, Teledermatology, Other Applications
By End-User: Healthcare Providers, Patients, Payers, Others.
By Geography: The global telehealth market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Among these regions, North America is the largest region in the telehealth market.
Read More On The Report For The Global Telehealth Market At:
Telehealth Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides telehealth global market overviews, analyzes and forecasts market size and growth for the telehealth global market, telehealth global market share, telehealth global market players, telehealth global market segments and geographies, telehealth global market’s leading competitors’ revenues, profiles and market shares. The telehealth global market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Read Telehealth Global Market Report 2021 from The Business Research Company for information on the following:
Telehealth Market Organizations Covered: Teladoc Health Inc, American Well, MDLive, Doctor on Demand, GlobalMed, Siemens Healthineers, Cisco Systems, Inc
Interested to know more about The Business Research Company?
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets. Here is a list of reports from The Business Research Company similar to the Telehealth Global Market Report 2021:
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