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Telehealth Market 2019 Overview, Growth, Types, Applications, Market Dynamics, Companies, Regions and Forecast to 2026

telehealth market was valued at USD 2.68 Billion in 2016 and is projected to reach USD 22.71 Billion by 2025, growing at a CAGR of 26.8% from 2016 to 2025.

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Telehealth is defined as a process of delivering health related information and services through telecommunication technologies. It consists of variety of technologies which allows the delivery of healthcare facilities through virtual medical, education and health services. It allows an easy long distance communication between the patient and the healthcare specialist and facilitate the diagnosis, treatment, consultation, education and care management of patient’s health, thus resulting in enhanced healthcare services.

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Increase in cases of chronic diseases, increase in aged citizen population, cost cutting in treatment expenses, shortage of efficient healthcare professionals and emerging improvements in technology are the driving factors for the global telehealth market. While data privacy concern and less reimbursements in US acts a potential restraints for the overall market at a global level.

Competitive Landscape:

The major players in the market are as follows:

  1. Philips Healthcare
  2. Medtronic PLC
  3. Honeywell Life Care Solutions (A Honeywell International, Inc. Company)
  4. Tunstall Healthcare
  5. Care Innovations (A Subsidiary of Intel Corporation)
  6. Cerner Corporation
  7. Cisco Systems, Inc.
  8. Medvivo Group Ltd.
  9. Globalmedia Group, LLC
  10. Aerotel Medical Systems Ltd.
  11. AMD Global Telemedicine, Inc.
  12. American Well
  13. Intouch Health
  14. Vidyo, Inc.

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Reason to Buy

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• The competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post sales analyst support

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