Global Telehealth Market to Expand 14.1% CAGR till 2022


Posted February 19, 2019 by Researchonglobalmarkets

The global telehealth market is predicted to expand a significant 14.1% on a compound annual growth rate (CAGR) basis during the forecasted 2017-2022 period.

 
Mumbai February 19, 2019 - Research on Global Markets has announced the addition of a new market research report titled “Global Telehealth Market (2017-2022)” to their offering. According to the new report, the global telehealth market is predicted to expand a significant 14.1% on a compound annual growth rate (CAGR) basis during the forecasted 2017-2022 period. The telehealth market is seeing increased adoption owing to a rising geriatric population, higher incidence of chronic diseases, and increased government spending on healthcare. The report published by Research on Global Markets highlights how telehealth facilitates better healthcare services by reducing the gap between doctors and patients.

According to the report, the global telehealth market is primarily segmented on the basis of technology and application. In terms of technology, remote patient monitoring is the most popular telehealth technology and held the largest market share (63%) in 2017. On the other hand, the mobile health segment held a market share of 22% in 2017 and is poised for expansion during the forecasted period. In terms of application, teledermatology held the highest market share. Telecardiology (which holds 24% market share) is showing a lot of promise owing to the higher prevalence of cardiac ailments across the world, which require constant monitoring over a long period.

The report also features the performance of the global telehealth market across the key geographies of North America, Latin America, Europe, Asia Pacific, and Middle East and Africa. North America is witnessing the highest adoption of telehealth technologies and held the largest share of the global market in 2017. Stringent healthcare regulations coupled with higher incidence of chronic diseases and rising healthcare expenses are resulting in widespread implementation of telehealth. The telehealth market in Europe too is benefiting from significant government investments for the development of telehealth infrastructure.

Key highlights of this report:
* Scope and segmentation of the market
* Drivers of the market
* Trends prevailing in the market
* Challenges affecting the market
* Value chain analysis
* Overview of the regional markets

The report has included some of the key players operating in the global digital gaming market such as McKesson Corporation, Medtronic Inc., Cisco Systems, GE Healthcare, Allscripts Healthcare, Siemens Healthineers, LifeWatch AG, Philips Healthcare, Honeywell, Cerner Corporation, and others.

For more information, download Global Telehealth Market: https://www.researchonglobalmarkets.com/global-telehealth-market-2017-2022.html

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Last Updated February 19, 2019