The telehealth market size is expected to grow at a CAGR of 35.1% to

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Dallas, 03 Feb. 28, 2022 (GLOBE NEWSWIRE) — Telehealth is a technological means of delivering health services remotely using a variety of communication technologies such as computers and mobile devices. Telehealth services are generally considered the primary means of delivering health care to people living in rural areas as well as clients with limited mobility, transportation and time. One of the main drivers of globalization telehealth market Dramatic expansion is the increased use of telehealth technologies in a variety of sectors.

Additionally, a growing trend of online consultation services would accelerate the growth of the global telehealth market in a good direction. Additional factors such as an increase in elective surgeries and fewer hospital visits for routine checkups will expand the market footprint throughout the projected period. The introduction of COVID-19 has reinforced social distancing norms, increasing the value of telehealth goods and solutions throughout the projection period. Growing population, increased demand for expanded access to healthcare, and increasing occurrence of chronic diseases and conditions, among other factors, will push the market even further into an inflated state. Regional variations in legislation, fraud, and the use of social media for healthcare delivery, on the other hand, will negatively impact the market growth throughout the projection period.

List of companies featured in the report:

and Koninklijke Philips NV
Siemens Healthineers SA
McKesson Corporation
AMD Global Telemedicine Inc.
Honeywell International Inc.
IBM
Intel

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Following the outbreak, there has been an unprecedented surge in demand for healthcare technologies and devices. Robots and telemedicine are used to make diagnoses, collect data, treat patients, reassure the public and even develop future vaccines. The potential of telemedicine has been recognized in light of the global shortage of hospital beds and healthcare personnel. Telehealth market players are focusing on providing novel COVID-19 solutions to hospitals and healthcare providers. Healthcare fraud is an important factor to address in telehealth and telemedicine business. A patient or doctor can be defrauded in a variety of ways, such as when the doctor’s accounts and identity are used to obtain money from the insurance company, or when ineligible institutional providers or unlisted use incorrect coding and billing to submit false claims.

Product types include:

Equipment
Software
Services

Applications include:

Teleradiology
Telecardiology
Teledermatology
Telepsychiatry
Others

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The global telehealth market is basically divided into products, applications, users, distribution channels, end users and regions. Product-wise, this industry is fragmented into software, services, and hardware. In terms of end users, the market is fragmented into clinics, hospitals, and home care. Based on application, this market is fragmented into telepsychiatry, teleradiology, teledermatology, telecardiology, and others. Based on users, the market is fragmented into payers, providers, and others. Regarding the distribution channel, the market is segregated into indirect sales as well as direct sales

In 2019, North America held the largest telehealth market share. The high proportion of this region in the global telehealth market can be attributed to reasons such as increased prevalence of chronic diseases, desire to minimize healthcare expenditures, and growing global and geriatric population. Due to the occurrence of chronic diseases and congested hospitals, the APAC market is expected to grow at the maximum rate over the forecast period.

Answers to key questions in the market research report:

• What are the inhibiting factors and impact of COVID-19 on the global telehealth market during the forecast period?
• What is the market size and forecast of the global telehealth market?
• What is the size of the telehealth market?
• What are the factors driving the telehealth market?
• Who are the main players in the telehealth market?
• Who are the end users in the global telehealth market?
• Which segment accounted for the largest telehealth market share?

Contents:

1. Introduction
1.1. introduction
1.2. Market definition and scope
1.3. Units, currency, conversions and years considered
1.4. Main stakeholders
1.5. Answers to key questions
2. Research methodology
2.1. introduction
2.2. Data Capture Sources
2.3. Market size estimation
2.4. Market forecast
2.5. Data triangulation
2.6. Assumptions and limits
3. Market Outlook
3.1. introduction
3.2. Market dynamics
3.2.1. Drivers
3.2.1.1. Enabling Remote Patient Monitoring
3.2.1.2. Growing adoption of telehealth
3.2.1.3. Growing geriatric population
3.2.2. Constraints
3.2.2.1. Legal, privacy and security issues
3.2.2.2. Relatively low adoption of telemedicine in developing countries
3.2.3. Opportunities
3.2.3.1. Personal Emergency Response Systems (PERS)
3.3. Porter’s Five Forces Analysis
3.4. COVID-19 Impact Analysis
4. Telehealth Market by Product, 2019-2028 (USD Billion)
4.1. Global telehealth market revenue share, by product, 2020 & 2028
4.2. Equipment
4.2.1. Global hardware market size and projections, 2019-2028
4.3. Software
4.3.1. Global software market size and projections, 2019-2028
4.4. Services
4.4.1. Global services market size and projections, 2019-2028
5. Telehealth Market by Application, 2019-2028 (USD Billion)
5.1. Global telehealth market revenue share, by application, 2020 & 2028
5.2. Teleradiology
5.2.1. Global Teleradiology Market Size and Projections, 2019 – 2028
5.3. Telecardiology
5.3.1. Global Telecardiology Market Size and Projections, 2019 – 2028
5.4. Telepsychiatry
5.4.1. Global telepsychiatry market size and projections, 2019 – 2028
5.5. Teledermatology
5.5.1. Global Teledermatology Market Size and Projections, 2019-2028
5.6. Others
5.6.1. Global Others Market Size and Projections, 2019-2028

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About Us:
Adroit Market Research is an India-based business analytics and advisory firm incorporated in 2018. Our target audience is a wide range of businesses, manufacturing companies, product/technology development institutions and industry associations who need to understand the size of a market, key trends, participants. and future prospects of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help them create opportunities that increase their revenue. We follow a code – Explore, learn and transform. At our core, we are curious people who enjoy identifying and understanding industry patterns, creating insightful study around our findings, and crafting lucrative roadmaps.


        
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