(Health-NewsWire.Net, May 27, 2021 ) Telehealth is recognized to be an effective tool in the fight against the coronavirus pandemic, to prevent the spread of the virus due to traveling to clinics and hospitals. Individuals, both patients and healthcare providers, are increasingly moving towards these online platforms.
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 streaming media, teleconferencing, web, store-and-forward imaging, terrestrial and wireless communications.
Telehealth Market Report Segments:
1) By Component: Software, Services, Hardware
2) By Mode Of Delivery: Cloud-based, On-Premise
3) By Application: Teleradiology, Teleconsultation, TeleICU, Telestroke, Telepsychiatry, Teledermatology, Other Applications
4) By End-User: Healthcare Providers, Patients, Payers, Others
Read More On The Global Telehealth Market Report:
https://www.thebusinessresearchcompany.com/report/telehealth-global-market-report
Telehealth Market Size Forecast:
The global telehealth market is expected to decline from $83.08 billion in 2020 to $80.53 billion in 2021 at a compound annual growth rate (CAGR) of -3.06%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The market is expected to reach $218.5 billion in 2025 at a CAGR of 28.34%.
Major Players in the Telehealth Market:
Teladoc Health Inc, American Well, MDLive, Doctor on Demand, GlobalMed, Siemens Healthineers, Cisco Systems, Inc, Medtronic, Dictum Health, Inc, Koninklijke Philips N.V., GE Healthcare, AMC Health, Medvivo Group Ltd, Iron Bow Technologies, Telespecialists Llc, MedWeb, IMediplus Inc., Vsee, Chiron Health, Zipnosis, Allscripts Healthcare Solutions, Honeywell International Inc., Right Health, Boston Scientific Corporation, Care Innovations LLC, InTouch Technologies, Inc., Encounter Telehealth, HelloMD, SnapMD, Inc., and OpenTeleHealth.
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Telehealth Global Market Report 2021: COVID-19 Growth And Change is one of a series of new reports from The Business Research Company that provide market overviews, analyze and forecast market size and growth for the whole market, segments and geographies, trends, drivers, restraints, leading competitors’ revenues, profiles and market shares in over 1,000 industry reports, covering over 2,500 market segments and 60 geographies.
The report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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