Seattle, WA -- (SBWIRE) -- 10/08/2019 -- According to the new market research report "Telehealth Market Growing at a CAGR of 26.8% to 2025 –Global Analysis By Key Players Philips Healthcare, Medtronic PLC, Honeywell Life Care Solutions (A Honeywell International, Inc. Company), Tunstall Healthcare, Care Innovations"
Telehealth involves the distribution of health-related services and information via electronic information and telecommunication technologies. It allows long distance patient/clinician contact and care, advice, reminders, education, intervention, monitoring and remote admissions. It also is a provider of distance-learning; meetings, supervision, and presentations between practitioners. It is an integral part of online information and health data management and healthcare system integration. Telehealth could include two clinicians discussing a case over video conference. Forms of Telehealth are a robotic surgery occurring through remote access; physical therapy done via digital monitoring instruments, live feed and application combinations; tests being forwarded between facilities for interpretation by a higher specialist; home monitoring through continuous sending of patient health data; client to practitioner online conference; or even videophone interpretation during a consult.
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Global 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.
This report studies the Telehealth market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers. Find the complete Telehealth market analysis segmented by companies, region, type and applications in the report.
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.
1. Market Drivers
1.1 Increase in aged citizen population
1.2 Increase in cases of chronic diseases
1.3 Shortage of efficient healthcare professionals
1.4 Emerging improvements in technology
1.5 Benefits of technology itself
1.6 Cost cutting in treatment expenses
2. Market Restraints
2.1 Less reimbursements in US
2.2 Data privacy concerns
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Telehealth market continues to evolve and expand in terms of the number of companies, products, and applications that illustratesthe growth perspectives.The report also covers the list of Product range and Applications with SWOT analysis, CAGR value, further adding the essential business analytics. Telehealth market researchanalysis identifies the latest trends and primary factors responsible for market growth enabling the Organizations to flourish with much exposure to the markets.
Telehealth Market segment by Regions/Countries, this report covers:
North America, Europe, China, Rest of Asia Pacific, Central and South America, Middle East and Africa.
The Telehealth market research report completely covers the vital statistics of the capacity, production, value, cost/profit, supply/demand import/export, further divided by company and country, and by application/type for best possible updated data representation in the figures, tables, pie chart, and graphs. These data representations provide predictive data regarding the future estimations for convincing market growth. The detailed and comprehensive knowledge about our publishers makes us out of the box in case of market analysis.
If you have any special requirements, please let us know and we will offer you the report The study objectives of this report areas you required.
Key questions answered in this report
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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