• Popular
    • Medicine
    • Radiology
    • Cardiology
    • Surgery
    • Nanomedicine
    • Military Medicine
    • Rehab
  • Categories
    • Exclusive
    • A-D
      • Anesthesiology
      • Art
      • Cardiac Surgery
      • Cardiology
      • Critical Care
      • Dentistry
      • Dermatology
      • Diagnostics
    • E-I
      • Emergency Medicine
      • ENT
      • Genetics
      • Geriatrics
      • GI
      • Informatics
    • M-N
      • Medicine
      • Military Medicine
      • Nanomedicine
      • Net News
      • Neurology
      • Neurosurgery
      • Nuclear Medicine
    • O-P
      • Ob/Gyn
      • Oncology
      • Ophthalmology
      • Orthopedic Surgery
      • Pathology
      • Pediatrics
      • Plastic Surgery
      • Psychiatry
      • Public Health
    • R-V
      • Radiation Oncology
      • Radiology
      • Rehab
      • Reproductive Medicine
      • Space Medicine
      • Sports Medicine
      • Surgery
      • Thoracic Surgery
      • Urology
      • Vascular Surgery
  • SUBSCRIBE
  • Submit PR
  • About
  • Follow
    • Facebook
    • Twitter
    • Linkedin
    • Youtube
    • Instagram
    • RSS
  • Submit PR
  • Log in
Medgadget
Medgadget
  • Popular
    • Medicine
      Biobots Use Optogenetic Muscle Actuators for Movement

      Biobots Use Optogenetic Muscle Actuators for Movement

      Exciting Medtech at the Healthcareᐩ Expo Taiwan

      Exciting Medtech at the Healthcareᐩ Expo Taiwan

      Medgadget Visits Healthcareᐩ Expo Taiwan

      Medgadget Visits Healthcareᐩ Expo Taiwan

      Camera Measures Blood Pressure with Quick Look

      Camera Measures Blood Pressure with Quick Look

    • Radiology
      Exciting Medtech at the Healthcareᐩ Expo Taiwan

      Exciting Medtech at the Healthcareᐩ Expo Taiwan

      Fluorescence Imaging System Illuminates Tumor Depth

      Fluorescence Imaging System Illuminates Tumor Depth

      Soft Robot Grows Like a Plant to Travel Through Tight Spaces

      Soft Robot Grows Like a Plant to Travel Through Tight Spaces

      Mining Ultrasound Data to Improve Liver Diagnostics: Interview with Beth Rogozinski, CEO at Oncoustics

      Mining Ultrasound Data to Improve Liver Diagnostics: Interview with Beth Rogozinski, CEO at Oncoustics

    • Cardiology
      Belt Monitors Heart Failure Patients

      Belt Monitors Heart Failure Patients

      Camera Measures Blood Pressure with Quick Look

      Camera Measures Blood Pressure with Quick Look

      Monitoring Congestive Heart Failure Through Speech: Interview with Tamir Tal, CEO of Cordio Medical

      Monitoring Congestive Heart Failure Through Speech: Interview with Tamir Tal, CEO of Cordio Medical

      Device Measures Hemoglobin More Accurately in Dark Skin

      Device Measures Hemoglobin More Accurately in Dark Skin

    • Surgery
      Biobots Use Optogenetic Muscle Actuators for Movement

      Biobots Use Optogenetic Muscle Actuators for Movement

      Implantable Device Adheres to Muscle, Treats Atrophy

      Implantable Device Adheres to Muscle, Treats Atrophy

      Device Measures Hemoglobin More Accurately in Dark Skin

      Device Measures Hemoglobin More Accurately in Dark Skin

      Electrospun Construct Mimics Elasticity of Blood Vessels

      Electrospun Construct Mimics Elasticity of Blood Vessels

    • Nanomedicine
      Extra Hot Nanoparticles for Cancer Therapy

      Extra Hot Nanoparticles for Cancer Therapy

      Making Tumors Tastier for the Immune System

      Making Tumors Tastier for the Immune System

      Improved Membrane Coating for Anti-Cancer Nanoparticles

      Improved Membrane Coating for Anti-Cancer Nanoparticles

      Magnetic Bacteria Target Tumors

      Magnetic Bacteria Target Tumors

    • Military Medicine
      Device Measures Hemoglobin More Accurately in Dark Skin

      Device Measures Hemoglobin More Accurately in Dark Skin

      Fingertip Sensor Measures Lithium Levels in Sweat

      Fingertip Sensor Measures Lithium Levels in Sweat

      Fabric Makes Electricity from Movement to Power Wearables

      Fabric Makes Electricity from Movement to Power Wearables

      Wearable Uses Microneedles to Track Metabolism

      Wearable Uses Microneedles to Track Metabolism

    • Rehab
      Implantable Device Adheres to Muscle, Treats Atrophy

      Implantable Device Adheres to Muscle, Treats Atrophy

      Non-Invasive Spinal Modulation for Cerebral Palsy

      Non-Invasive Spinal Modulation for Cerebral Palsy

      Implanted Magnets for Prosthetic Control

      Implanted Magnets for Prosthetic Control

      FDA-Approved At-Home Spirometer: Interview with Charvi Shetty, Co-Founder and CEO at Aluna

      FDA-Approved At-Home Spirometer: Interview with Charvi Shetty, Co-Founder and CEO at Aluna

  • Categories
    • Exclusive
    • A-D
      • Anesthesiology
      • Art
      • Cardiac Surgery
      • Cardiology
      • Critical Care
      • Dentistry
      • Dermatology
      • Diagnostics
    • E-I
      • Emergency Medicine
      • ENT
      • Genetics
      • Geriatrics
      • GI
      • Informatics
    • M-N
      • Medicine
      • Military Medicine
      • Nanomedicine
      • Net News
      • Neurology
      • Neurosurgery
      • Nuclear Medicine
    • O-P
      • Ob/Gyn
      • Oncology
      • Ophthalmology
      • Orthopedic Surgery
      • Pathology
      • Pediatrics
      • Plastic Surgery
      • Psychiatry
      • Public Health
    • R-V
      • Radiation Oncology
      • Radiology
      • Rehab
      • Reproductive Medicine
      • Space Medicine
      • Sports Medicine
      • Surgery
      • Thoracic Surgery
      • Urology
      • Vascular Surgery
  • SUBSCRIBE
  • Submit PR
  • About
  • Log in
  • Submit PR
  • Follow
    • Facebook
    • Twitter
    • Linkedin
    • Youtube
    • Instagram
    • RSS

Coronavirus (COVID-19) Impact on Telehealth Market Size 2020, Share, Analysis, Industry Growth, CAGR Value, Competitive Landscape, Top Telehealth Companies, Regional Outlook, Projection

August 13th, 2020 Market Research Future Releases

Telehealth Market Scope

Market Research Future (MRFR) has revealed in its new extensive study that the telehealth market 2020 can expect to record a striking growth rate of 22.74% from 2016 to 2024 (assessment period). By 2024, the market is anticipated to touch USD 16,173.8 million, adds MRFR. We will provide COVID-19 impact analysis with the report, along with all the extensive key developments in the market post the coronavirus disease outbreak.

Get a FREE Sample with Complete TOC By Considering the COVID-19 impact on Global Market @ https://www.marketresearchfuture.com/sample_request/900

Telehealth Market Growth Boosters and Main Barriers

Prior to the COVID-19 outbreak, telehealth had already gained sufficient momentum and since the pandemic, the technology has garnered more interest from the growing tech-savvy population worldwide. The lockdown measures owing to SARS-CoV-2 have compelled healthcare professionals and patients to opt for remote healthcare. At present, telehealth is not just a supplementary option but has become an essential aspect of the healthcare sector. The market growth is further induced by the rising need for healthcare access from any location, escalating cases of chronic illnesses, scarcity of physicians and the surge in technological innovations in telecommunications. Telehealth is progressively gaining traction in the field of cardiology, radiology, online consultation and behavioral health, which can be a promising factor in market growth.

Governments have been a big help in reducing the challenges posed by the novel coronavirus, by increasingly relaxing their standards and regulations pertaining to healthcare. For instance, in March 2020, the Health and Human Services Office (US Department) waived off the fines for any HIPAA violation to boost the uptake of video conferencing apps such as Zoom, Facetime, WhatsApp and more that don’t comprise the necessary security features.

The market attractiveness is also bolstered by the increasing number of start-ups and new launches, in particular for virtual consultations. To cite a reference, in August 2020, the Pune Smart City Development Corporation Ltd (India) launched a telehealth app to facilitate faster healthcare access to patients, especially given the surge in COVID-19. The app can be used via smartphones or any other devices and the users will be offered live visual/audio consultation, simpler scheduling, fast registration, EMR or HMIS integrations, smoother clinical documentation, summaries and visit notes.

Given the debilitating impact of COVID-19 (Coronavirus) on Telehealth Market, companies are on the lookout for starting production lines. Get an inside look at the market prospects and its future decisions in light of the pandemic and other such unforeseen circumstances.

Telehealth Market Segmentation

Global Telehealth Market, by Component

  • Services
    • Remote Monitoring
    • Real-Time Interactions
    • Store-and-Forward Consultations
  • Hardware
    • Monitoring Devices
      • Stationary
      • Wearable
    • Medical Peripherals
      • Blood Pressure Monitors
      • ECG Monitors
      • Pulse Oximeters
      • Blood Glucose Meters
      • Peak Flow Meters
      • Otoscopes
      • Others
    • Others
  • Software
    • Integrated Software
    • Standalone Software

Global Telehealth Market, by Mode of Delivery

  • Web/Cloud-Based
  • On-Premise

Global Telehealth Market, by Application

  • Radiology
  • Cardiology
  • Primary Care
  • Neurophysiology
  • Others

Component, mode of delivery, application, and end user are the key segments as per which the telehealth industry has been considered in the MRFR study.

The telehealth market, with respect to component, can be narrowed down into software, hardware and services.

The various modes of delivery include on-premise as well as web/cloud-based. The web/cloud-based delivery mode leads the worldwide market while the on-premise category can observe the fastest growth in the following period.

The primary applications of telehealth are cardiology, radiology, neurophysiology, primary care, and more. In the lead is the radiology section, on account of the rising deployment of telehealth across the radiology field, while the cardiology segment can project the fastest expansion as a result of the accelerated increase in cardiovascular diseases worldwide.

The significant end-users in the telehealth market include home care, diagnostic clinics, hospitals and clinics and others. The biggest share in the global market belongs to hospitals and clinics while the fastest gaining segment can be that of diagnostic clinics.

Telehealth Market Regional Insight

The region-wise distribution of the global Telehealth Market covers the Middle East & Africa/MEA, EU/Europe, Asia Pacific/APAC, and the Americas,

Over the next couple of years, the Americas can be the world leader in the telehealth market, thanks to the high adoption rate of the technology in the US/United States. Telehealth has been at the forefront in the battle against COVID-19 in the region, with more and more people actively taking up remote monitoring and teleconsultation services. The prevalence of social distancing between patients and healthcare professionals has boosted the uptake of telehealth as well. The surge in queries with regard to SARS-CoV-2 and various other medical conditions without the need to visit the hospital has driven the preference for online consultations.

The telehealth market in Europe is the second most profitable, in terms of growth. The accelerated need for more streamlined and consistent healthcare monitoring is cited to be a chief booster in the market growth. As of 2018, Italy had been the highest gainer in the Western Europe telehealth market, with a share of 12.4%, reveals MRFR.

APAC is all set to be the fastest gaining market in the foreseeable future, as a result of the expanding geriatric populace and the alarming rise in chronic diseases. The lack of technical personnel as well as the insufficient access to efficient healthcare services has been a major issue in various parts of the region. Therefore, governments have sharpened their focus on offering medical facilities at remote areas via virtual care platforms. For this, pilot projects are being developed, which can mean considerable profits for the telehealth market in the ensuing years. 

Telehealth Market Leading Vendors

Some of the leading vendors outlined in the extensive report include Allscripts Healthcare Solutions (US), Siemens (Germany), Cisco Systems Inc. (US), Care Innovations LLC (US), Medtronic PLC (Ireland), Honeywell International Inc. (US), InTouch Technologies Inc. (US), Livecare Health (Canada), AMD Global Telemedicine Inc. (US), Boston Scientific Corporation (US), American Well (US), Cerner Corporation (US), Maple (Canada), Philips Healthcare (Netherlands), Dialogue (Canada), GlobalMed (US), Right Health (Canada), to list a few.

Obtain Premium Research Report Details, Considering the impact of COVID-19 @ https://www.marketresearchfuture.com/reports/telehealth-market-900

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:

Akash Anand

Market Research Future

+1 646 845 9312

Email: sales@marketresearchfuture.com

NOTE: Our team of researchers are studying Covid-19 and its impact on various industry verticals and wherever required we will be considering covid-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

Sign up and submit a press release

Sponsored
New Clarius Power Fan HD3 Delivers a First for Handheld Ultrasound: Continuous Scanning

New Clarius Power Fan HD3 Delivers a First for Handheld Ultrasound: Continuous Scanning

Fluidx Unveils New Embolic for Neurovascular Use

Fluidx Unveils New Embolic for Neurovascular Use

Annalise.ai and Nuance Communications (a Microsoft Company) Announce Key Partnership to Improve Patient Outcomes with Workflow-Integrated AI

Annalise.ai and Nuance Communications (a Microsoft Company) Announce Key Partnership to Improve Patient Outcomes with Workflow-Integrated AI

PT Genie Unveils New Brand Identity Reflecting Company’s Transformation and Focus on the Global Future of AI and Machine Learning in Digital Healthcare

Clarius Marketplace Unlocks the Power of AI Innovation for Ultrasound Imaging

Clarius Marketplace Unlocks the Power of AI Innovation for Ultrasound Imaging

interviews & reviews
Balance Boards to Stay Active in the Offfice: Interview with Joel Heath, CEO of FluidStance 

Balance Boards to Stay Active in the Offfice: Interview with Joel Heath, CEO of FluidStance 

Exciting Medtech at the Healthcareᐩ Expo Taiwan

Exciting Medtech at the Healthcareᐩ Expo Taiwan

Medgadget Visits Healthcareᐩ Expo Taiwan

Medgadget Visits Healthcareᐩ Expo Taiwan

Diabetes Management Tech for Type II patients: Interview with Jeffrey Brewer, CEO of Bigfoot Biomedical

Diabetes Management Tech for Type II patients: Interview with Jeffrey Brewer, CEO of Bigfoot Biomedical

Monitoring Congestive Heart Failure Through Speech: Interview with Tamir Tal, CEO of Cordio Medical

Monitoring Congestive Heart Failure Through Speech: Interview with Tamir Tal, CEO of Cordio Medical

In-Office Pediatric Ear Tube Procedures: Interview with Preceptis Medical's Greg Mielke

In-Office Pediatric Ear Tube Procedures: Interview with Preceptis Medical's Greg Mielke

Symani Microsurgical Robotic System: Interview with Mark Toland, CEO of Medical Microinstruments

Symani Microsurgical Robotic System: Interview with Mark Toland, CEO of Medical Microinstruments

  • Subscribe
  • Contact us
  • Submit
  • About
  • Back to top
Medgadget

Medical technologies transform the world! Join us and see the progress in real time. At Medgadget, we report the latest technology news, interview leaders in the field, and file dispatches from medical events around the world since 2004.

  • About
  • Editorial policies
  • Contact
  • Terms of Service
  • Privacy
  • Submit press release
  • Advertise
© Medgadget, Inc. All rights reserved. | The Medical Revolution Will Be Blogged.
Please support this website by adding us to your whitelist in your ad blocker. Ads are what helps us bring you premium content! Thank you!
Posting....
  • Facebook
  • Twitter
  • LinkedIn
  • Reddit
  • Email