North America Telehealth Market (2020-2026)

Market Forecast by Type (tele hospitals, tele homes, Mhealth (Mobile Health)), By Component (Product (hardware, software and other product), Services (teledermatology, teleradiology, telecardiology, telepsychiatry, and other services)), by key Countries (United States and Canada) and Competitive Landscape

Product Code: ETC004626 Publication Date: Nov 2020 Product Type: Report
Publisher: 6Wresearch No. of Pages: 200 No. of Figures: 90 No. of Tables: 30

The North America Telehealth Market is expected to witness double-digit growth projections in the coming timeframe. The market value is expected to outperform in the upcoming six years on the back of a rise in the advent of digitization. With a market value worth a double-digit billion number, the market is anticipated to reach a triple-digit revenue value and is expected to register significant growth in the next decade. This significant rise in the market value can be attributed to the rising adoption of digitalized and the virtual platform underpinned by the superior growth patterns in the healthcare sector. The geriatric population consumes around 40% to 50% of the total healthcare facilities costs and tend to contribute four times towards the spending on medical facilities as compared to younger adults. The low reimbursements by the government as a result of cost-shifting to the private payers has led to an increased burden on the hospitals to look for better and premium medical facilities especially for the elderly and has led to a hike in the costs in the healthcare sector and increased demand for technical aid in the sector as a result of changing lifestyles of the urban and suburban population across the globe. Reduced time travel, reduced costs and a shared healthcare professional staffing offered by the telemedicine platform has made it an ideal launch of the present times.  

According to 6Wresearch, the North America Telehealth Market is expected to register cumulative growth throughout the forecast period 2020-2026. The outbreak of the COVID-19 disease has led to a massive growth of the Telehealth market globally. The unprecedented disruption of the pandemic has led to a rising need for agility, transformation and adaptability of telehealth solutions. Backed by the massive spread of the disease, as the corporate firms and even schools came down to the work-from-home-solution, the healthcare sector has also adopted remote consultation as an increasingly innovative method to win the bid to combat the spread of the novel coronavirus. The spread of the virus has brought the telehealth market a new light. The market which was at a nascent stage with limited access even in the developed countries such as United States pre-COVID period as a result of poor infrastructure has witnessed a spur by the effect of the virus. The outbreak, has no doubt been proved evident to be a potential growth driver for the telehealth market globally backed by the reliability it is offering along with increased knowledge of the technology in the world which as a result is going to increase in the coming years, once the technology complete almost 90 percent operation remotely and is expected to shape its competitive market landscape in the near future.

United States Telehealth Market is expected to register the maximum growth in the upcoming six years as a result of the rising initiatives by the country’s government towards the implementation of state of art healthcare aid and is expected to be of great significance for the fortunate business of the United States telehealth market in the coming years and is anticipated to be a growth proliferating factor for the United States telehealth market in the coming years. With the increase in the technical aid over the digital platform the healthcare sector is no doubt, lacking behind and is taking keen interest and initiative for services which in a long run are anticipated to be proven evident for the growth and the development of the healthcare sector and the services provided by the same. The other growth contributing factor for the North America telehealth market can be attributed to the cost effectiveness and the remote consultation convenience provided by the virtual healthcare platform especially for the geriatric population.

The North America Telehealth Market report thoroughly covers the market by Types, Component and countries including the United States and Canada. The Telehealth Market outlook report provides an unbiased and detailed analysis of the on-going North America Telehealth Market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report:

  • North America Telehealth Market Overview
  • North America Telehealth Market Outlook
  • North America Telehealth Market Forecast
  • Historical Data of Telehealth Market Revenues and Volumes for the Period 2016-2019
  • Market Size & Forecast of North America Telehealth Market Revenues and Volumes for the Period 2016-2019.
  • Historical Data of North America Telehealth Market Revenues and Volumes, by Types, for the Period 2016-2019
  • Market Size & Forecast of North America Telehealth Market Revenues and Volumes, by Types, until 2026
  • Historical Data of North America Telehealth Market Revenues and Volumes, by Component, for the Period 2016-2019
  • Market Size & Forecast of North America Telehealth Market Revenues and Volumes, by Component, until 2026
  • Historical Data of United States Telehealth Market Revenues and Volumes, for the Period 2016-2019.
  • Market Size & Forecast of United States Telehealth Market Revenues and Volumes, until 2026.
  • Historical Data of Canada Telehealth Market Revenues and Volumes, for the Period 2016-2019.
  • Market Size & Forecast of Canada Telehealth Market Revenues and Volumes, until 2026.
  • Market Drivers and Restraints
  • North America Telehealth Market Trends and Industry Life Cycle
  • Porter’s Five Force Analysis
  • Market Opportunity Assessment
  • North America Telehealth Market Share, By Regions
  • North America Telehealth Market Share, By Players
  • North America Telehealth Market Overview on Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Markets Covered

The North America Telehealth Market report provides a detailed analysis of the following market segments:

  • By Types:
    • Tele Hospitals
    • Tele Homes
    • mHealth (Mobile Health)

  • By Component:
    • Product
      • Hardware
      • Software
      • Other Types
    • Services
      • Teleradiology
      • Telecardiology
      • Teledermatology
      • Telepsychiatry
      • Other Services

  • By Key Countries:
    • United States
    • Canada

1.  Executive Summary

2.  Introduction

2.1. Report Description

2.2. Key Highlights

2.3. Market Scope & Segmentation

2.4. Research Methodology

2.5. Assumptions

3.  North America Telehealth Market Overview

3.1.  North America Telehealth Market Revenues, 2016-2026F

3.2.  North America Telehealth Market Revenue Share, By Types, 2019 & 2026F

3.3.  North America Telehealth Market Revenue Share, By Components, 2019 & 2026F

3.5.  North America Telehealth Market Revenue Share, By Countries, 2019 & 2026F

3.6.  North America Telehealth Market Industry Life Cycle

3.7.  North America Telehealth Market- Porter’s Five Forces

4.  North America Telehealth Market Dynamics

4.1.  Impact Analysis

4.2.  Market Drivers

4.3.  Market Restraints

5.  North America Telehealth Market Trends

6.  North America Telehealth Market Overview, By Types

6.1.  North America Telehealth Market Revenues, By Tele Hospitals, 2016-2026F

6.2.  North America Telehealth Market Revenues, By Tele Homes, 2016-2026F

6.3.  North America Telehealth Market Revenues, By mHealth (Mobile Health), 2016-2026F

7.  North America Telehealth Market Overview, By Components

7.1.  North America Telehealth Market Revenues, By Product, 2016-2026F

7.1.1. North America Telehealth Market Revenues, By Hardware, 2016-2026F

7.1.2.  North America Telehealth Market Revenues, By Software, 2016-2026F

7.1.3.North America Telehealth Market Revenues, By Other Products, 2016-2026F

7.2.  North America Telehealth Market Revenues, By Services, 2016-2026F

7.2.1.  North America Telehealth Market Revenues, By Teleradiology, 2016-2026F

7.2.2.  North America Telehealth Market Revenues, By Telecardiology, 2016-2026F

7.2.3.  North America Telehealth Market Revenues, By Teledermatology, 2016-2026F

7.2.4.  North America Telehealth Market Revenues, By Telepsychiatry, 2016-2026F

7.2.5.  North America Telehealth Market Revenues, By Other Services, 2016-2026F

8.  United States Telehealth Market Overview

8.1. United States Telehealth Market Revenue and Volume, 2016-2026F

8.2. United States Telehealth Market Revenue Share, By Types, 2019 & 2026F

8.3. United States Telehealth Market Revenue Share, By Components, 2019 & 2026F

8.4. United States Telehealth Market Revenue Share, By Regions, 2019 & 2026F

9.  Canada Telehealth Market Overview

9.1. Canada Telehealth Market Revenue and Volume, 2016-2026F

9.2. Canada Telehealth Market Revenue Share, By Types, 2019 & 2026F

9.3. Canada Telehealth Market Revenue Share, By Components, 2019 & 2026F

9.4. Canada Telehealth Market Revenue Share, By Regions, 2019 & 2026F

10. North America Telehealth Market Competitive Landscape

10.1. North America Telehealth Market, By Companies, 2019

10.2. United States Telehealth Market, By Companies, 2019

10.3. Canada Telehealth Market, By Companies, 2019

11.  Company Profiles

12.  Key Strategic Recommendations

 

United States Telehealth Market (2020-2026): Market Forecast By Type (Tele Hospitals, Tele Homes, Mhealth (Mobile Health)), By Component (Product (Hardware, Software, And Other Product), Services (Teledermatology, Teleradiology, Telecardiology, Telepsychiatry, And Other Services)) And Competitive Landscape

Latin America Telehealth Market (2020-2026): Market Forecast By Type (Tele Hospitals, Tele Homes, Mhealth (Mobile Health)), By Component (Product (Hardware, Software And Other Product), Services (Teledermatology, Teleradiology, Telecardiology, Telepsychiatry, And Other Services)) By Key Countries (Mexico, Brazil, Argentina And Rest Of Latin America) And Competitive Landscape

Europe Telehealth Market (2020-2026): Market Forecast By Type (Tele Hospitals, Tele Homes, Mhealth (Mobile Health)), By Component (Product (Hardware, Software And Other Product), Services (Teledermatology, Teleradiology, Telecardiology, Telepsychiatry, And Other Services)), By Key Countries (Spain, Italy, France, United Kingdom, Germany And Rest Of Europe) And Competitive Landscape

Asia Pacific (APAC) Telehealth Market (2020-2026): Market Forecast By Type (Tele Hospitals, Tele Homes, Mhealth (Mobile Health)), By Component (Product (Hardware, Software And Other Product), Services (Teledermatology, Teleradiology, Telecardiology, Telepsychiatry, And Other Services)), By Key Countries (India, China, Japan, Indonesia, Malaysia, Australia, Thailand And Rest Of Asia Pacific) And Competitive Landscape

Middle East Telehealth Market (2020-2026): Market Forecast By Type (Tele Hospitals, Tele Homes, Mhealth (Mobile Health)), By Component (Product (Hardware, Software And Other Product), Services (Teledermatology, Teleradiology, Telecardiology, Telepsychiatry, And Other Services)), By Key Countries (Qatar, Bahrain, Saudi Arabia, Oman, Turkey, Kuwait, UAE And Rest Of Middle East) And Competitive Landscape

Africa Telehealth Market (2020-2026): Market Forecast By Type (Tele Hospitals, Tele Homes, Mhealth (Mobile Health)), By Component (Product (Hardware, Software And Other Product), Services (Teledermatology, Teleradiology, Telecardiology, Telepsychiatry, And Other Services)), By Key Countries (Nigeria, Kenya, South Africa And Rest Of Africa) And Competitive Landscape

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