North America Telehealth Market is Expected to Reach USD 22,361.47 Million by 2029
North America Telehealth Market report is an excellent report that makes it possible to the HEALTHCARE industry to take strategic decisions and achieve growth objectives. HEALTHCARE industry can be highly benefited with this market research report which brings market and competitive landscape clearly into the focus and help make better decisions. In this business document, market segmentation has also been performed in detail based on various parameters that include applications, verticals, deployment model, end user, and geography. Expert solutions combined with potential capabilities make North America Telehealth Market survey report outperforming for the HEALTHCARE industry
Telehealth market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the North America market is growing with a CAGR of 10.0% in the forecast period of 2022 to 2029 and is expected to reach USD 22,361.47 million by 2029 from USD 10,445.46 million in 2021. Growing need of digital healthcare, better analysis of health conditions and availability of expert; are the major drivers which propelled the demand of the market in the forecast period.
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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.
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 the 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
Fundamental Aim of this Market Report
- Factors influencing This Market Size and growth rate.
- Major alterations to this market in the near future.
- Notable Market rivals around the world.
- Future Scope and Product Outlook
- Future-promising emerging markets.
- The Market Presents Difficult Challenges and Threats.
The major companies which are dealing in the telehealth market are Teladoc Health, Inc., Siemens Healthcare GmbH, Cisco Systems, 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. and others
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Telehealth Market Scope and Market Size
Type
- Software
- Systems
- Hardware
- Telecommunication
On the basis of type market is segmented into software, systems, hardware and telecommunication.
Application
- General Consultation
- Pathology
- Cardiology
- Surgery
- Gynecology
- Neurology
- Radiology
- Dermatology
- Ophthalmology
- Orthopedics
- Others
On the basis of application, the market is segmented into general consultation, pathology, cardiology, surgery, gynecology, neurology, radiology, dermatology, ophthalmology, orthopedics and others.
Delivery Mode
- Cloud-Based Delivery Mode
- Web-Based Delivery Mode
- On-Premise Delivery Mode
On the basis of delivery mode, the market is segmented into cloud-based delivery mode, web-based delivery mode and on premise delivery mode.
End User
- Hospital telehealth
- physician telehealth
- Home telehealth.
Key highlights of this Market report:
- Growth rate
- Remuneration prediction
- Consumption graph
- Market concentration ratio
- Secondary industry competitors
- Competitive structure
- Major restraints
- Market drivers
- Regional bifurcation
- Competitive hierarchy
- Current market tendencies
- Market concentration analysis
What benefits does the DBMR study is going to provide?
- Latest industry influencing trends and development scenario
- Open up New Markets
- To Seize powerful market opportunities
- Key decision in planning and to further expand market share
- Identify Key Business Segments, Market proposition & Gap Analysis
- Assisting in allocating marketing investments
Table of Contents:
- Introduction
- Market Segmentation
- Executive Summary
- Premium Insights
- Market Regulations
- Market Overview
Continued…
Browse Detailed Summary of Research Report with TOC: https://www.databridgemarketresearch.com/toc/?dbmr=north-america-telehealth-market&Shri
Key Benefits of the Report:
- This study presents the analytical depiction of this industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of this market share.
- The current market is quantitatively analyzed to highlight the market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed this industry analysis based on competitive intensity and how the competition will take shape in the coming years.
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