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Telehealth Market 2019 Size-Share, Top Key Players, New Technology, Application and Growth Opportunities, Forecast upto 2025

Press Release

Global Telehealth Market

Owing to the growing demand, the global telehealth industries are hugely adopting several collaborative strategies to expand their business across the world. In addition, leading providers in the global telehealth market are highly focusing on mergers and acquisitions to improve their competitive strength. Moreover, companies are also trying to integrate advanced industrial related concepts to gain their consumer base. Greater business insights expected industry collaborations will aid companies to produce significant telehealth market share.

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The technological developments in telehealth products, as well as services, have boosted the demand for telehealth services worldwide. The growing advancements in user-friendly systems have also contributed to the growing demand global telehealth market, which also helps to increase the growth of this market. However, InTouch launched the fully integrated end-to-end virtual services in the year 2019. The service is specially designed to improve patient care.

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In addition, the capability of the global telehealth market to manage as well as access healthcare services has led to their increasing uptake globally. Moreover, telehealth is also used to improve healthcare services and raise feasibility across the healthcare sector. Recent technological developments in the telehealth services have generated a number of lucrative opportunities for the consumers thus it is expected to drive the growth of the global telehealth market over the forecast period. The demand for telehealth services in rural areas also created a high adoption of the global telehealth market. In addition, the growing applications of telehealth services also contributing to the development of this market.

Benefits of Telehealth in Healthcare Industry

Telehealth is a technology known for telecommunication, also called e-Health or telemedicine. Telemedicine Industry Benchmark Survey conducted among healthcare physicians, executives, nurses and other healthcare professionals throughout the U.S., it was noticed that participants picked telemedicine at higher priority service in respective organizations. It facilitates patients residing in remote location with services as healthcare professionals can diagnose, evaluate and treat patients online. According to E-health and Telemedicine survey conducted, it was revealed that ample of population faces shortage of primary healthcare facilities in rural and urban areas.

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Application of Teleheath

Cardiology and Radiology stands at leading applications of telehealth. Teleradiology has conquered a major global teleheath market share during last year. Mental and behavioral health has major imprint of telehealth. Significant rise observed in health issues with lack of health providers is an acknowledged opportunity for global telehealth industry to meet the increased demand for mental health services.

Geographical Overview

Asia-Pacific region, with emphasis on China, Japan and India is expected to receive evident highest growth. The major contributing factors to this growth are favorable initiatives for the adoption of telepathology in China, geriatric population in Japan and high internet penetration in India. Moreover, growing number of HCIT programs, increasing medical tourism in Singapore, Malaysia, Thailand and India; and up-scaled funding in telehealth in Australia are most significant drivers for telehealth market growth in Asia-Pacific region.

Key Players in the Telehealth Market

Some of the key players operating in the global telehealth market include Medtronic plc, Tunstall Healthcare Group Ltd, Koninklijke Philips N.V., McKesson Corporation, AMD Global Telemedicine, Inc., Medvivo Group Ltd., Vidyo, Care Innovations, Inc., Cisco Systems, Inc., LLC, Honeywell Life Care Solutions, and General Electric Company.

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About Us:

Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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This post was originally published on Kentucky Reports

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