Telehealth Market Forecast Report 2020 – 2027 – Top Key Players Analysis

Posted September 17, 2020 by shaqibakram

The telehealth market is anticipated to witness an upsurge in demand due to the increasing requirement to expand healthcare access, the growing prevalence of chronic diseases......

The primary objective of the Telehealth market report by GMI Research is to help the users understand the market scenario in terms of its definition, segmentation, drivers, opportunities, market trends, and the challenges that the market is facing. This report focuses on the Telehealth market, especially in North America, Europe, Asia-Pacific, and the rest of the world.

Key Drivers of the Telehealth Market:

The telehealth market is anticipated to witness an upsurge in demand due to the increasing requirement to expand healthcare access, the growing prevalence of chronic diseases and conditions, followed by continuous technological advancements in the telecommunication sector around the globe. Additionally, the increasing number of government initiatives to encourage the adoption of telehealth, will further strengthening the growth of the telehealth market size. Moreover, with the growing number of incidences of the shortage of physicians, there has been a rise in the demand for telehealth around the world. As per the Telehealth market report, the combination of these factors is bringing numerous opportunities for the growth of the market.

The outbreak of the coronavirus crisis around the world has led to an increase in the demand for teleconsultations around the world. The growing emphasis on maintaining social distance and staying at home has promoted governments, e-pharmacies, hospitals, and companies to opt for telemedicine to eliminate the spread of the virus. Due to the increasing awareness regarding the coronavirus, several telemedicine players have witnessed an upsurge in demand for online doctor consultations. These factors will have a positive impact on the growth of the market.

List of Top Leading Manufacturers/Key-Players of the Telehealth Market:

Variousnotable players in the market include AMD Global Telemedicine Inc., Philips Healthcare, Medtronic PLC, Honeywell Life Care Solutions, Tunstall Healthcare, Cerner Corporation, Cisco Systems Inc., Care Innovations, Globalmedia Group LLC, Medvivo Group Ltd., and Aerotel Medical Systems Ltd., among others.

Segmentation of the Telehealth Market:

Thestudy’s objective is to define market sizes of different segments & countries in recent years and predict the values in the coming six years. The detailed segments and sub-segments of the market are explained below:

Segment by Component:

Software & services
o Remote patient monitoring software and devices

o Real-time interaction software & services

o Store-and-forward software & services

o Medical peripheral devices

Blood pressure monitors
Blood glucose meters
Weight scales
Pulse oximeters
Peak flow meters
ECG monitors
Other devices
o Monitors

Segment by Mode of Delivery:

Segment by Application:

Segment by End-user:

Segment by Region:

North America
o United States of America

o Canada

Asia Pacific
o China

o Japan

o India

o Rest of APAC

o United Kingdom

o Germany

o France

o Spain

o Rest of Europe

o Brazil

o South Africa

o Saudi Arabia


o Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst uses a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us pioneer in emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.

Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to helping businesses stay ahead of the curve.
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Last Updated September 17, 2020