Home / Pharmaceuticals / Telehealth Market By Components (Telehealth Services, Telehealth Hardware, Telehealth), By Services (Tele-Consultation, Tele-Monitoring, Tele-Education, Tele-Training, Tele-Care, Tele-Surgery, Tele-Radiology), By Type (Services, Hardware, Software), By Aplication (Tele-Consultation, Tele-Monitoring, Tele-Education, Tele-Training, Tele-Care, Tele-Surgery, Tele-Radiology) - Growth, Share, Opportunities & Competitive Analysis, 2016 - 2022

Telehealth Market By Components (Telehealth Services, Telehealth Hardware, Telehealth), By Services (Tele-Consultation, Tele-Monitoring, Tele-Education, Tele-Training, Tele-Care, Tele-Surgery, Tele-Radiology), By Type (Services, Hardware, Software), By Aplication (Tele-Consultation, Tele-Monitoring, Tele-Education, Tele-Training, Tele-Care, Tele-Surgery, Tele-Radiology) - Growth, Share, Opportunities & Competitive Analysis, 2016 - 2022

Published: May 2016 | Report Code: 57828-05-16

Telehealth refers to the means of augmenting healthcare experience, medical training, education, monitoring and other such medical activities, with the support of telecommunications technologies. This helps healthcare providers for efficient and rapid interaction with various intermediaries. Telehealth is observed to be among the fastest growing areas of healthcare market. Efficient use of telehealth has been proven to deliver better healthcare outcomes, grow accessibility to remote areas, specialist referral, patient monitoring, distance education and recordkeeping. 

This report studies the global telehealth market in terms of components, services, end-users and geography. Based on the components of telehealth system, this market is classified into services, hardware and software markets. The telehealth services studied in this report are tele-consultation, tele-monitoring, tele-education, tele-training, tele-care, tele-surgery and tele-radiology markets. Market size and forecast for such mentioned segments for the period 2014-2022, along with their respective CAGRs for the period 2016-2022 are provided in this study.

Healthcare providers, patients, payers are considered as the prime end-users of telehealth. Adoption of telehealth in home care has resulted in rapid growth of telehealth market among patients. Geographically, the global direct-to-consumer genetic testing market is studied for the following regional markets:

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • Rest of Asia-Pacific
  • Middle East and Africa
  • Latin America

The market size and forecast for the period 2014-2022 along with the CAGRs for the period 2016-2022 for the mentioned segments are also presented in this study.

Qualitative information sets such as market dynamics (drivers, challenges, future prospects) and market inclination insights are provided in this market assessment report. Tools such as fractal map analysis and attractive investment proposition are also included in this study for assessment of market competition. The report concludes with company profiles section that highlights key information about the major market players operating in the global telehealth market.

Chapter 1 Preface
1.1 Report Description
1.2 Market Segmentation
1.3 Research Methodology

Chapter 2 Executive Summary
2.1 Telehealth Market Share, by Components, 2015 (Value %)
2.2 Telehealth Market, by Services, 2015 (USD Mn)
2.3 Telehealth Market Share, by Geography, 2015 (Value %)

Chapter 3 Telehealth Market: Market Dynamics and Outlook
3.1 Introduction, Facts and Figures
3.2 Drivers
3.3 Challenges
3.4 Future Prospects
3.5 Attractive Investment Proposition
3.1 Competitive Analysis: Fractal Map Investigation, by Key Market Players

Chapter 4 Global Telehealth Market Analysis, by Components
4.1 Preface
4.2 Telehealth Services
4.3 Telehealth Hardware
4.4 Telehealth Software

Chapter 5 Global Telehealth Market Analysis, by Services
5.1 Preface
5.2 Tele-Consultation
5.3 Tele-Monitoring
5.4 Tele-Education
5.5 Tele-Training
5.6 Tele-Care
5.7 Tele-Surgery
5.8 Tele-Radiology

Chapter 6 Global Telehealth Market, by Geography
6.1 Preface
6.2 North America
6.2.1 U.S.
6.2.2 Canada
6.3 Europe
6.3.1 U.K.
6.3.2 Germany
6.3.3 Rest of Europe
6.4 Asia-Pacific
6.4.1 Japan
6.4.2 China
6.4.3 Rest of Asia-Pacific
6.5 Middle East and Africa (MEA)
6.6 Latin America

Chapter 7 Company Profiles
7.1 Allscripts Healthcare Solutions
7.1.1 Business Description
7.1.2 Financial Health and Budget Allocation
7.1.3 Product Positions/Portfolio
7.1.4 News Coverage
7.2 Philips Healthcare
7.2.1 Business Description
7.2.2 Financial Health and Budget Allocation
7.2.3 Product Positions/Portfolio
7.2.4 News Coverage
7.3 Medtronic
7.3.1 Business Description
7.3.2 Financial Health and Budget Allocation
7.3.3 Product Positions/Portfolio
7.3.4 News Coverage
7.4 Honeywell Life Care Solutions
7.4.1 Business Description
7.4.2 Financial Health and Budget Allocation
7.4.3 Product Positions/Portfolio
7.4.4 News Coverage
7.5 Cisco Systems
7.5.1 Business Description
7.5.2 Financial Health and Budget Allocation
7.5.3 Product Positions/Portfolio
7.5.4 News Coverage
7.6 McKesson Corporation
7.6.1 Business Description
7.6.2 Financial Health and Budget Allocation
7.6.3 Product Positions/Portfolio
7.6.4 News Coverage
7.7 Robert Bosch Healthcare
7.7.1 Business Description
7.7.2 Financial Health and Budget Allocation
7.7.3 Product Positions/Portfolio
7.7.4 News Coverage
7.8 Siemens Healthcare
7.8.1 Business Description
7.8.2 Financial Health and Budget Allocation
7.8.3 Product Positions/Portfolio
7.8.4 News Coverage
7.9 Others
7.9.1 Business Description
7.9.2 Financial Health and Budget Allocation
7.9.3 Product Positions/Portfolio
7.9.4 News Coverage

List of Figures

FIG. 1 Telehealth: Market Segmentation
FIG. 2 Telehealth Market Share, by Components, 2015 (Value %)
FIG. 3 Telehealth Market, by Services, 2015 (USD Mn)
FIG. 4 Telehealth Market Share, by Geography, 2015 (Value %)
FIG. 5 Attractive Investment Proposition, Telehealth Market, 2015
FIG. 6 Competitive Analysis: Fractal Map Investigation, by Key Market Players
FIG. 7 Global Telehealth Services Market, 2014 – 2022 (USD Mn)
FIG. 8 Global Telehealth Hardware Market, 2014 – 2022 (USD Mn)
FIG. 9 Global Telehealth Software Market, 2014 – 2022 (USD Mn)
FIG. 10 Global Tele-Consultation Market, 2014 – 2022 (USD Mn)
FIG. 11 Global Tele-Monitoring Market, 2014 – 2022 (USD Mn)
FIG. 12 Global Tele-Education Market, 2014 – 2022 (USD Mn)
FIG. 13 Global Tele-Training Market, 2014 – 2022 (USD Mn)
FIG. 14 Global Tele-Care Market, 2014 – 2022 (USD Mn)
FIG. 15 Global Tele-Surgery Market, 2014 – 2022 (USD Mn)
FIG. 16 Global Tele-Radiology Market, 2014 – 2022 (USD Mn)
FIG. 17 U.S. Telehealth Market, 2014 – 2022 (USD Mn)
FIG. 18 Canada Telehealth Market, 2014 – 2022 (USD Mn)
FIG. 19 U.K. Telehealth Market, 2014 – 2022 (USD Mn)
FIG. 20 Germany Telehealth Market, 2014 – 2022 (USD Mn)
FIG. 21 Rest of Europe Telehealth Market, 2014 – 2022 (USD Mn)
FIG. 22 Japan Telehealth Market, 2014 – 2022 (USD Mn)
FIG. 23 China Telehealth Market, 2014 – 2022 (USD Mn)
FIG. 24 Rest of Asia-Pacific Telehealth Market, 2014 – 2022 (USD Mn)
FIG. 25 Middle East and Africa Telehealth Market, 2014 - 2022 (USD Mn)
FIG. 26 Latin America Telehealth Market, 2014 - 2022 (USD Mn)

List of Tables

TABLE 1 Global Telehealth Market, by Components, 2014 – 2022 (USD Mn)
TABLE 2 Global Telehealth Market, by Services, 2014 – 2022 (USD Mn)
TABLE 3 Global Telehealth Market, by Geography, 2014 – 2022 (USD Mn)
TABLE 4 North America Telehealth Market, by Country, 2014 – 2022 (USD Mn)
TABLE 5 Europe Telehealth Market, by Country, 2014 – 2022 (USD Mn)
TABLE 6 Asia-Pacific Telehealth Market, by Country, 2014 – 2022 (USD Mn)

Component Type Segmentation Investigation

Based on the physical components, global telehealth market is classified as:

1.   Services

2.   Hardware

3.   Software

Telehealth Market
 

In terms of revenue, the hardware form the largest telehealth segment in 2015. Equipment such as videoconferencing unit, remote monitoring ECG equipment, vital sign monitors and others are in high demand across all regional markets. Products such as imaging units that enable fast and prompt data transfer will experience the highest demand during the forecast period. However, the risk of compromised confidentiality may hold the growth of this market to a minor yet noticeable extent.

Integrated software solutions currently generate significant revenue in telehealth software market. High demand for integrated solutions also indicate long-term engagement on the part of customers, hence indicating stable future to this market. Additionally, services segment is the most promising component of telehealth market. Availability of modern communication solutions at competitive costs and their associated benefits for the remote regions of the world are the fueling factors for the growth of services segment in the global telehealth  market.

Services Segmentation Investigation

On the basis of service type, the global telehealth market is classified into following segments:

1.   Tele-Consultation

2.   Tele-Monitoring

3.   Tele-Education

4.   Tele-Training

5.   Tele-Care

6.   Tele-Surgery

7.   Tele-Radiology

Telehealth Market 

Tele-Consultation is observed to be the largest market in 2015. Various studies demonstrate that tele-consultation is highly instrumental in improving healthcare delivery in underserved remote locations that are difficult for access and serve under normal conditions. Major insights imply that tele-consultation in store-and-forward format is highly feasible and offer significant assistance in emergency response and emergency settings. The demand for tele-consultation is observed to be the highest in emerging markets such as China, Malaysia, Brazil and other parts of Asia-Pacific and Latin America.

Healthcare providers, payers, patients and others form the major classification of telehealth market by end-users.     

Telehealth Market

Providers are the largest segment for telehealth solutions and services. As several healthcare systems worldwide are increasingly focusing their efforts on reducing the number of hospital visits and length of hospital stay, the need for remote monitoring is being felt more intensely. Growing healthcare costs has led to the emergence of efficient adoption telemedicine. Conversely, lack of physician support, lack of awareness in lesser developed regions of the world, and challenges pertaining to legal and reimbursement policies pose a significant restraint to the market growth.

Based on geographical segmentation, the global direct-to-consumer testing market is studied for:

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • Rest of Asia-Pacific
  • Latin America
  • Middle East and Africa

Telehealth Market
 

United States is the largest market for telehealth equipment services. High demand for self care and the growth in trend of home-care is a key for growth in US market. Large scale adoption of home-care alternatives is due to factors such as psychological impact regarding safety and comfort, custom care provision, and associated cost benefits.

Overall, requirement of continuous assistive care and monitoring among the rising geriatric population is efficiently addressed by telehealth. Other additional benefits offered are round-the-clock remote monitoring, fewer instances of hospital readmission, and privilege of recovering at own home. These factors ultimately lead to phenomenal cost savings for both patients and care givers, which is already at peak in North America market.

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