Global Telehealth Market to Witness Impressive Growth, Revenue to Surge to USD 61,385.1 Million By 2028, at a CAGR of 30.5% (Including COVID-19 Impact Analysis): Zion Market Research
NEW YORK, Feb. 24, 2022 /PRNewswire/ -- As per Zion Market Research study, The global Telehealth market accounted for USD 7,321.3 Million in 2020 and is expected to reach USD 61,385.1 Million by 2028, growing at a CAGR of 30.5% from 2021 to 2028.
The report covers forecast and analysis for the Telehealth market on a global and regional level. The study provides historical data from 2016 to 2020 along with a forecast from 2021 to 2028 based on revenue (USD million). The study includes drivers and restraints for the Telehealth market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the Telehealth market on a global level.
COVID-19 Impact Analysis:
The pandemic has created opportunities for telehealth solutions, considering that social distancing is the only existing solution developed so far, which is capable of minimizing exposure. Moreover, telehealth represents an attractive, effective, and affordable option. Moreover, this technology is of critical importance in keeping healthcare providers safe.
Growth Factors:
Rising incidences of chronic ailments along with hefty expenditure on healthcare activities are the key factors stimulating the demand for telehealth services. Apart from this, telecommunications sector is witnessing a paradigm shift through the launch of new technologies and this will enable massive expansion of telehealth market over the forthcoming years.
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Component Type Segment Analysis Preview:
Based on Component Type, the global Telehealth market is segmented into services, hardware, and software. Among these component type, the demand for hardware is relatively higher and the trend is anticipated to remain so over the next few years.
Report Scope:
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The Global Telehealth Market is segmented as follows:
Telehealth Market: By Component Type Outlook (2021-2028)
- Hardware
- Software
- Services
Telehealth Market: By Mode of Delivery Type Outlook (2021-2028)
- Web-based
- Cloud based
- On-premise
Telehealth Market: By End User Outlook (2021-2028)
- Providers
- Payers
- Patients
- Others
Telehealth Market: By Region Outlook (2021-2028)
North America
- The U.S.
- Canada
Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
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Our Free Sample Report Includes:
- 2021 Updated Report Introduction, Overview, and In-depth industry analysis
- COVID-19 Pandemic Outbreak Impact Analysis Included
- 125 + Pages Research Report (Inclusion of Updated Research)
- Provide Chapter-wise guidance on Request
- 2021 Updated Regional Analysis with Graphical Representation of Size, Share & Trends
- Includes Updated List of tables & figures
- Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis
- Zion Market Research methodology
List of Key Players of Telehealth Market:
- Philips Healthcare
- McKesson Corporation
- Medtronic plc
- Medvivo Group Ltd.
- Tunstall Healthcare
- Koninklijke Philips N.V.
- Siemens Healthineers
- Cerner Corp.
- GE Healthcare
- Medtronic PLC
- Teladoc Health, Inc.
- American Well
- Doctor on Demand
- GlobalMed
- MDLive
- Others.
Key questions answered in this report:
- What are the growth rate forecast and market size for Telehealth Market?
- What are the key driving factors propelling the Telehealth Market forward?
- What are the most important companies in the Telehealth Market Industry?
- What segments does the Telehealth Market cover?
- How can I receive a free copy of the Telehealth Market sample report and company profiles?
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