The telehealth market is projected to reach USD 9.35 billion by 2021 from USD 2.78 billion in 2016, at a CAGR of 27.5% in the next five years (2016 to 2021).
The healthcare industry is undergoing a fundamental transformation globally a shift from a volume-based business to a value-based business. Growing demands from consumers for improved healthcare quality and greater value are forcing healthcare providers and payers to deliver optimized outcomes. In order to overcome these challenges and meet consumer expectations, healthcare providers are increasingly adopting telehealth solutions that enable them to provide improved healthcare at reduced costs.
Growth in geriatric population, rising prevalence of chronic diseases, dearth of healthcare professionals worldwide, improvements in telecommunication infrastructure, technological advancements, benefits of telehealth, and need for affordable treatment options due to rising healthcare costs are some factors expected to drive the growth of the global telehealth market in the coming years.
- Aerotel Medical Systems Ltd.
- Amd Global Telemedicine, Inc.
- American Well
- Care Innovations
- Cerner Corporation
- Cisco Systems, Inc.
- Globalmedia Group, Llc
- Honeywell Life Care Solutions
- Intouch Health
- Medtronic PLC
- Medvivo Group Ltd.
- Philips Healthcare
- Tunstall Healthcare
- Vidyo, Inc.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Telehealth Market, by Component
7 Telehealth Market, by Mode of Delivery
8 Telehealth Market, by End User
9 Telehealth Market, by Region
10 Competitive Landscape
11 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/6v4kgn/telehealth_market
Research and Markets
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SOURCE Research and Markets