USD 109.98 bn Rise in Telehealth Market with 34% Growth from Europe - Technavio

·6 min read

American Well Corp., Cisco Systems Inc., and Doctor On Demand Inc. Emerge as major participants 

NEW YORK, Aug. 17, 2022 /PRNewswire/ -- The latest market analysis report titled Telehealth Market Forecast and Analysis 2021-2025 has been added to Technavio's catalog. The report predicts the market to witness an accelerating growth momentum at a CAGR of 30.44%. The analysts at Technavio have categorized the global telehealth market as a part of the global healthcare technology market. The market growth will be driven by factors including the increasing cases of chronic diseases such as cardiovascular diseases (CVDs), cancer, Alzheimer's disease, asthma, and diabetes that have fueled the demand for telehealth services and solutions. In addition, the growing demand for technology is another key factor driving the global telehealth market growth. However, the growing privacy and data security concerns will limit the market's growth as the consultation requires the collection and aggregation of data from patients' medical devices for routine monitoring of their health.

Latest market research report titled Telehealth Market by Product and Geography - Forecast and Analysis 2021-2025 has been announced by Technavio which is proudly partnering with Fortune 500 companies for over 16 years
Latest market research report titled Telehealth Market by Product and Geography - Forecast and Analysis 2021-2025 has been announced by Technavio which is proudly partnering with Fortune 500 companies for over 16 years

Unlock more market dynamics and their impact analysis with this Free Sample Report

Key Considerations for Market Forecast:

  • Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior

  • Optimistic, probable, and pessimistic scenarios for all markets as the impact of the pandemic unfolds

  • Pre- as well as post-COVID-19 market estimates

  • Quarterly impact analysis and updates on market estimates

Emerging Opportunities with Key players

American Well Corp.

The company offers urgent care, nutrition, virtual primary care, scheduled visits, and others, under health system modules and health plan programs under a unified segment. The company offers full-spectrum telehealth solutions, designed to support care delivery across the continuum. From clinical supply to patient acquisition, to support for providers, patients, and business units.

Cisco Systems Inc.

The company operates in three key geographies including the Americas, EMEA, and APJC. The company offers streamlined telehealth and collaboration where virtual care and collaboration make a difference on both sides of the screen.

Doctor On Demand Inc.

Under the online doctor consultation segment, the company offers online doctor consultations for behavioral health, preventive health, and chronic diseases. The company offers Included Health under telehealth care where it offers specialty care, everyday and urgent care primary care, and others.

Enghouse Systems Ltd.

The company operates in key business units including The Interactive Management Group and Asset Management Group. The company under telehealth care offers VidyoHealth, software built for healthcare and designed to integrate with EHR systems, medical devices, and endpoints.

General Electric Co.

The company's key operating units include Power, Renewable Energy, Aviation, Healthcare, and Capital. The company offers a Mural virtual care solution under telehealth care which provides clinicians the ability to assess the status of their maternal patients, utilize hospital-defined protocols to identify patients at risk, and track adherence to best practices including management of hypertension, hemorrhage, and medication delivery.

Want to know more about the product offerings of the other contributing vendors, Request for FREE Sample Now!

Telehealth Market Segmentation Highlights

  • Product

  • Geography

For Actionable Insights on each Contributing Segment and Regional Opportunities. Download Free Sample Report

Browse Healthcare Industry Related Reports:

Veterinary Telehealth Market by Service Type and Geography - Forecast and Analysis 2022-2026: The veterinary telehealth market share is expected to increase by USD 147 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 17.03%.

Smart Healthcare Market by Solution and Geography - Forecast and Analysis 2022-2026: The smart healthcare market share is expected to increase by USD 96.25 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 8.46%.

Telehealth Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 30.44%

Market growth 2021-2025

$ 109.98 billion

Market structure

Fragmented

YoY growth (%)

23.87

Regional analysis

North America, Europe, Asia, and ROW

Performing market contribution

Europe at 34%

Key consumer countries

US, China, UK, Germany, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

American Well Corp., Cisco Systems Inc., Doctor On Demand Inc., Enghouse Systems Ltd., General Electric Co., Honeywell International Inc., Koninklijke Philips NV, MDLIVE Inc., Medtronic Plc, and Teladoc Health Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Content

Executive Summary

Market Landscape

  • Market ecosystem

  • Value chain analysis

Market Sizing

  • Market definition

  • Market segment analysis

  • Market size 2020

  • Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

  • Bargaining power of buyers

  • Bargaining power of suppliers

  • Threat of new entrants

  • Threat of substitutes

  • Threat of rivalry

  • Market condition

Market Segmentation by Product

  • Market segments

  • Comparison by Product

  • Services - Market size and forecast 2020-2025

  • Solutions - Market size and forecast 2020-2025

  • Market opportunity by Product

Customer landscape

Geographic Landscape

  • Geographic segmentation

  • Geographic comparison

  • North America - Market size and forecast 2020-2025

  • Europe - Market size and forecast 2020-2025

  • Asia - Market size and forecast 2020-2025

  • ROW - Market size and forecast 2020-2025

  • Key leading countries

  • Market opportunity by geography

  • Market drivers

  • Market challenges

  • Market trends

Vendor Landscape

  • Overview

  • Landscape disruption

Vendor Analysis

  • Vendors covered

  • Market positioning of vendors

  • American Well Corp.

  • Cisco Systems Inc.

  • Doctor On Demand Inc.

  • Enghouse Systems Ltd.

  • General Electric Co.

  • Honeywell International Inc.

  • Koninklijke Philips NV

  • MDLIVE Inc.

  • Medtronic Plc

  • Teladoc Health Inc.

Appendix

  • Scope of the report

  • Currency conversion rates for US$

  • Research methodology

  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
Newsroom: https://newsroom.technavio.com/news/telehealthmarket

Technavio (PRNewsfoto/Technavio)
Technavio (PRNewsfoto/Technavio)
Cision
Cision

View original content to download multimedia:https://www.prnewswire.com/news-releases/usd-109-98-bn-rise-in-telehealth-market-with-34-growth-from-europe---technavio-301605108.html

SOURCE Technavio