Healthcare

Request for TOC Request for Sample
BUY NOW

North America Telehealth Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2031

Healthcare | Upcoming Report | Sep 2024 | North America | 350 Pages | No of Tables: 220 | No of Figures: 60

COVID-19 Impact on Aesthetic Procedures in Healthcare Industry

Report Description

North America Telehealth Market Segmentation, By Type (Software, Systems, Hardware, Telecommunication) Delivery Mode (Cloud-based Delivery Mode, Web-based Delivery Mode, On-premise Delivery Mode) Application (General Consultation, Pathology, Cardiology, Surgery, Gynecology, Neurology, Radiology, Dermatology, Ophthalmology, Orthopedics, Others) End User (Hospital Telehealth, Physician Telehealth, Home Telehealth) - Industry Trends and Forecast to 2031.


North America Telehealth Market Size

North America telehealth market size was valued at USD 12.58 billion in 2023 and is projected to reach USD 26.97 billion by 2031, with a CAGR of 10.0% during the forecast period of 2024 to 2031.

Report Scope and Market Segmentation       

Attributes

Telehealth Key Market Insights

Segmentation

  • By Type: Software, Systems, Hardware, Telecommunication
  • By Delivery Mode: Cloud-based Delivery Mode, Web-based Delivery Mode, On-premise Delivery Mode
  • By Application: General Consultation, Pathology, Cardiology, Surgery, Gynecology, Neurology, Radiology, Dermatology, Ophthalmology, Orthopedics, Others
  • By End User: Hospital Telehealth, Physician Telehealth, Home Telehealth

Countries Covered

U.S., Canada and Mexico

Key Market Players

Teladoc Health Inc., Siemens, Cisco Systems Inc., Koninklijke Philips N.V., IBM, Cerner Corporation, Medtronic, F. Hoffmann-La Roche Ltd, Vidyo Inc. (A SUBSIDIARY OF Enghouse Systems), Epic Systems Corporation, Tunstall Group, American Well, CareCloud Inc, eClinicalWorks, AMD Global Telemedicine,

Telehealth Market Definition

Advancement in healthcare infrastructure and increasing number of diagnostic telehealth platforms is helping the growth of the telehealth market. However, the lack of accessibility and high cost associated with remote monitoring devices may hamper the future growth of Telehealth market. The partnerships and acquisitions by major market players act as opportunity for the growth of Telehealth market.

Telehealth Market Dynamics

Drivers

  • Increasing Advancements in Telecommunications

Many digital medicine codes that have had broad adoption by Medicare and commercial payers are being used by the increase in the telemedicine. As telecommunication technology has advanced, the costs have declined over the past decade, there has been a steady growth in telemedicine

  • Growing Prevalence of Chronic Diseases and Conditions

The COVID-19 pandemic has forced many providers to move quickly to Telemedicine, including visits by phone and video, thus avoiding disruption in patient care as many patients’ chronic diseases are not well controlled and that only 50% of patients with chronic medical conditions actually take their medications as prescribed.

Restrain

  • Increase in Healthcare Fraud

The widespread popularity of telehealth along with mobile app, cloud repository among other is hindered due to the issues related to data privacy and Fraud. Most users don't feel comfortable with an AI-based sensor that keeps record of their every moment

Opportunity

  • Increasing Government Support

The government is supporting and promoting the use of digital applications for healthcare and support. Since the coronavirus crisis, smart solutions from personal blood pressure monitors to apps that monitor health and activity have become more and more important in everyday care

Challenge

  • Behavioral Barriers Using Remote Monitoring System

Physicians and patients often face a lack of familiarity with new practices and do not readily give up existing (conventional) practices. Older people may also refuse to use telehealth and telemedicine services due to unfamiliarity with technology. Behavioral barriers poses a significant barriers to telehealth and telemedicine adoption.

The telehealth market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an analyst brief, our team will help you create a revenue impact solution to achieve your desired goal.

Post COVID-19 Impact on Telehealth Market

The COVID-19 has a positive effect on the market. Lockdowns and isolation during pandemics has increased the market demand to avoid the virus contamination. Many new products and services has added to the market by major market players. Social isolation increases the awareness regarding the tele-healthcare market and all of which has increased the market demand during the pandemic

Telehealth Market Scope

Telehealth market is segmented on the basis of type, delivery mode, application and end user. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

Type

  • Software
  • Systems
  • Hardware
  • Telecommunication

Application

  • General Consultation
  • Pathology
  • Cardiology
  • Surgery
  • Gynecology
  • Neurology
  • Radiology
  • Dermatology
  • Ophthalmology
  • Orthopedics
  • Others

Delivery Mode

  • Cloud-Based Delivery Mode
  • Web-Based Delivery Mode
  • On-Premise Delivery Mode

End User

  • Hospital telehealth
  • physician telehealth
  • Home telehealth

Telehealth Market Country Level Analysis

The telehealth market is analyzed and market size information is provided by type, application, delivery mode and end user.

The countries covered in the telehealth market report are the U.S., Canada and Mexico.

North America is dominating due to the presence of big market players along the largest consumer market with high GDP, due to the increasing need of telehealth care due to COVID-19. U.S is expected to grow due to rise in virtual healthcare delivery platform for accurate diagnostics and patient therapy management.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of North America brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.

Telehealth Market Share Analysis

Telehealth market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to Telehealth market.

Telehealth Market Leaders Operating in the Market Are:

  • Teladoc Health, Inc.
  • Siemens Healthcare GmbH
  • CiscoSystems,Inc.

    Koninklijke Philips N.V.

  • IBM CORPORATION
  • Cerner Corporation
  • Medtronic
  • F. Hoffmann-La Roche Ltd
  • Vidyo, Inc. (A SUBSIDIARY OF Enghouse Systems)
  • Epic Systems Corporation
  • Tunstall
  • Group American Well
  • CareCloud, Inc.
  • eClinicalWorks
  • AMD Global Telemedicine
  • Appello
  • Care Innovations, LLC
  • Aerotel Medical Systems
  • ClearArch, Inc.
  • Others


SKU-

Table of Content

Please fill in the below form for detailed Table of Content

First name is required
Last name is required
Please enter Contact No.
Email is required
Please enter job tital
Please enter company name
Please select country

List of Table

Please fill in the below form for detailed List of Table

First name is required
Last name is required
Please enter Contact No.
Email is required
Please enter job tital
Please enter company name
Please select country

List of Figure

Please fill in the below form for detailed List of Figure

First name is required
Last name is required
Please enter Contact No.
Email is required
Please enter job tital
Please enter company name
Please select country

View Infographics

Please fill in the below form for detailed Infographics

First name is required
Last name is required
Please enter Contact No.
Email is required
Please enter job tital
Please enter company name
Please select country
CHOOSE LICENCE TYPE
  • 4200.00
  • 3500.00
  • 2000.00
  • 5500.00
  • 8500.00
Why Choose Us
Unlocking New Opportunities on this Report Post Covid-19