Telehealth Market Expected to Grow at 55.6 Billion In Revenue by 2025

According to Market Study Report, Telehealth Market provides a comprehensive analysis of the Telehealth Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape and emerging opportunities of global industry. This report also provides market landscape and market share information in the Telehealth Market. An exclusive data offered in this report is collected by research and industry experts team.

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The Global Telehealth Market is projected to reach US$ 55.6 Billion by 2025 from US$ 25.5 Billion in 2020, at a CAGR of 16.9 % during the forecast period. This report spread across 192 pages, profiling 20 companies and supported with 179 tables and 30 figures are now available in this research.

Top Key Players profiled in the Telehealth Market include are Koninklijke Philips (Netherlands), and Medtronic (Ireland), GE Healthcare (US) are the leading players in the global telehealth market. Other notable players in this market include Cerner Corporation (US), Siemens Healthineers (Germany), Cisco Systems, Inc. (US), Teladoc Health Inc. (US), American Well (US), AMC Health (US), MDLive (US), Doctor on Demand (US), Medvivo Group Ltd (UK), Asahi Kasie Corporation (Japan), Iron Bow Technologies (US), Telespecialists Llc (US), GlobalMed (US), MedWeb (US), IMediplus Inc. (China), Vsee (US), Chiron Health (US), Zipnosis (US), AMD Global Telemedicine (US), MyTelemedicine (US), Telemedicine.com (US), CareClix Telemedicine (Washington, D.C.).

"The software & services segment will grow at the highest rate during the forecast period."
Based on components, the telehealth market is segmented into software & services and hardware segment. The software & segment accounted for the largest share of the telehealth market in 2019. The large share of this segment is mainly due to the increasing adoption of telehealth and telemedicine across the globe. The hardware segment is projected to register the highest CAGR of 18.6% in the forecast period.

"By delivery mode, the cloud-based segment accounted for the largest share of the telehealth market in 2019."
Based on the mode of delivery, the global telehealth market is segmented into cloud-based and on-premise segments. The human pathology segment accounted for the largest share of the telehealth market in 2019. The major factors driving the market for cloud-based delivery mode segments are the on-demand nature of the services, their easy scalability, and the costs-curtailing nature of cloud-based solutions.

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"The market in Asia Pacific is projected to witness the highest share during the forecast period (2020-2025)"
Asia Pacific is projected to register the highest growth during the forecast period. This large share can be attributed to factors such as the rising prevalence to factors such as the rising prevalence of chronic conditions, the need to reduce healthcare expenditure, increasing overall and geriatric population.

Breakdown of primary participants' profile:
o By Company Type (Supply-side): Tier 1: 29%, Tier 2: 37%, and Tier 3: 34%
o By Category (Demand-side): Hospitals and Clinics, Independent Physicians 55%, Payers 35%, and Patients: 10%
o By Designation: C-level: 35%, Director-level: 25%, and Managers: 40%
o By Region: North America: 35%, Europe: 32%, Asia: 22%, and the RoW: 11%

Competitive Landscape of Telehealth Market:
1 Introduction
2 Market Ranking Analysis
3 Competitive Leadership Mapping (Overall Market) (2019)
3.1 Visionary Leaders
3.2 Innovators
3.3 Dynamic Differentiators
3.4 Emerging Companies
4 Competitive Scenario
4.1 Key Partnerships And Collaborations
4.2 Key Product Launches
4.3 Key Acquisitions

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Research Coverage:
The report analyzes the telehealth market and aims at estimating the market size and future growth potential of this market based on various segments such as product, type, application, end-user, and region. The report also includes competitive analysis of the key players in this market along with their company profiles, product and service offerings, recent developments, and key market strategies.

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