North American Telehealth/Telemedicine Market 2018-2024 - Business Overview, Financial Overview, Product/Services Portfolio, Strategic Developments

DUBLIN, Dec. 12, 2018 /PRNewswire/ --

The "North American Telehealth/Telemedicine Market By Component (Service, Software, Device), Delivery (On-Site, Cloud), Application (Radiology, Cardiology, Primary/Urgent Care, ICU, Mental Health), End User (Physician, Payor, Patient) - Forecast To 2024" report has been added to ResearchAndMarkets.com's offering.

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North American telehealth market is expected to reach $9,496.6 million by 2024, at a CAGR of 24.3% during the forecast period (2018-2024)

Following an extensive secondary and primary research and in-depth analysis of the market scenario, the report carries out an impact analysis of the key industry drivers, restraints, opportunities, and challenges in the market dynamics segment. Increasing awareness about the benefits of telemedicine, a shortage of healthcare professionals, favorable government initiatives and reforms/policies supporting digital health, as well as a growing focus on value-based care are driving the market growth. However, a lack of telehealth standards may hinder the market growth.

Telehealth services segment accounted for the largest share of the North American telehealth market, primarily attributed to the increasing adoption of remote monitoring solutions by patients in remote rural areas, technological advancements in telecommunications, and introduction of ACA and similar legislations supporting the adoption of telehealth in the U.S. The software segment, on the other hand, is an integral part of telehealth solutions and works as an interface between the database and end users. Owing to this, the software segment is expected to witness the highest growth in the forecast period.

In addition, the report further gives an extensive outlook on various end users of telehealth such as healthcare providers, payers, and patients. These end user segments further briefly discuss about the factors impacting their growth. Apart from end users, the report provides insights on adoption of various deployment models, components, and applications of telehealth.

Geographically, the U.S. commanded the largest share of the North American telehealth market. The large share and fastest growth of this region is mainly attributed to rising healthcare costs, supporting government reforms, improving reimbursement policies, increasing prevalence of chronic diseases, shortage of healthcare professionals, increasing funding for telehealth, and presence of several key players in this region.

Key Topics Covered:

1. Introduction
1.1. Market Ecosystem
1.2. Currency and Limitations
1.3. Key Stakeholders

2. Research Methodology
2.1. Research Process
2.1.1. Secondary Research
2.1.2. Primary Research
2.1.3. Market Size Estimation

3. Executive Summary

4. Market Insights
4.1. Introduction
4.2. Drivers
4.2.1. Improving Health IT Infrastructure
4.2.2. Aging Population & Rising Prevalence of Chronic Diseases
4.2.3. Increasing Awareness about Benefits of Telemedicine
4.2.4. Favorable Government Initiatives & Reforms/Policies
4.2.5. Shortage of Healthcare Professionals
4.3. Restraints
4.3.1. Lack of Adequate Reimbursement
4.3.2. Lack of Telehealth Standards
4.4. Opportunity
4.4.1. Emerging Mobile Health Technology
4.5. Challenges
4.5.1. Reluctance to Migrate From Conventional Systems
4.5.2. Data Security and Privacy Issues

5. North America Telehealth Market, by Component
5.1. Introduction
5.2. Services
5.2.1. Remote Monitoring
5.2.2. Real-Time Interactions
5.2.3. Store-And-Forward Consultations
5.3. Software
5.3.1. Integrated Software
5.3.2. Standalone Software
5.4. Hardware
5.4.1. Monitors
5.4.2. Medical Peripheral Devices
5.4.2.1. Blood Pressure Monitors
5.4.2.2. Blood Glucose Monitors
5.4.2.3. Weighing Scales
5.4.2.4. Pulse Oximeters
5.4.2.5. Peak Flow Meters
5.4.2.6. ECG Monitors
5.4.2.7. Other Devices

6. North America Telehealth Market, by Deployment Model
6.1. Introduction
6.2. Web & Cloud-Based
6.3. On-Premises

7. North America Telehealth Market, by Application
7.1. Introduction
7.1.1. Radiology
7.1.2. Cardiac Monitoring
7.1.3. Primary/Urgent Care
7.1.4. Neurophysiological Monitoring
7.1.5. Remote ICU
7.1.6. Mental Health
7.1.7. Other

8. North America Telehealth Market, by End-User
8.1. Introduction
8.2. Healthcare Providers
8.3. Healthcare Payers
8.4. Patients
8.5. Other End Users

9. North America Telehealth Market, by Geography
9.1. Introduction
9.2. North America
9.2.1. U.S.
9.2.2. Canada

10. Competitive Landscape
10.1. Introduction
10.1.1. Partnerships, Agreements & Collaborations
10.1.2. New Product & Service Launches, Upgradations & Enhancements
10.1.3. Mergers & Acquisitions
10.2. Market Share Analysis

11. Company Profiles (Business Overview, Financial Overview, Product/Services Portfolio, Strategic Developments)
11.1. AMD Global Telemedicine, Inc.
11.2. American Well
11.3. Care Innovations, Llc. (Intel Corporation)
11.4. Cerner Corporation
11.5. Cisco Systems, Inc.
11.6. Doctor on Demand, Inc.
11.7. Honeywell Life Care Solutions
11.8. Intouch Technologies, Inc.
11.9. Mdlive Inc.
11.10. Medtronic Plc
11.11. Philips Healthcare (Koninklijke Philips N.V.)
11.12. Polycom, Inc. (Plantronics, Inc.)
11.13. Sherpaa
11.14. Siemens Healthineers
11.15. Snapmd, Inc.
11.16. Teladoc, Inc.
11.17. Vidyo, Inc.
11.18. Zipnosis

For more information about this report visit https://www.researchandmarkets.com/research/zll7cb/north_american?w=5

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