Telehealth is one of the fastest-growing areas of the healthcare industry. It helps to enhance healthcare experience, public health, health education, monitoring, and medical training using telecommunication and information technologies, thereby providing services to various remote locations in the world. With the rising aging population and prevalence of chronic diseases across the globe, there has arisen a need for low-cost and affordable treatments due to high healthcare costs. Advancements in technology has increased accessibility and reduced the distance barrier, thus making it possible for the medical service providers to reach out to the patients in remote locations. Therefore, it has resulted in higher adoption of telehealth services, thereby driving the global market towards growth.
Download Brochure:
https://www.marketsandmarkets.com/pdfdownload.asp?id=201868927
Telehealth Market
How is the telehealth market progressing globally?
Telehealth involves both clinical and nonclinical (medical education, administration, and research) services. It allows remote doctor-patient consultations, monitoring of vital signs, health education services, enabling medical practitioners to evaluate and diagnose patients, e-prescribe medicines and treatments, and detect fluctuations in their medical conditions. The telehealth market is projected to reach USD 9.35 Billion by 2021 from USD 2.28 Billion in 2015, at a CAGR of 27.5% in the forecast period. Factors such as growth in geriatric population, dearth of healthcare professionals worldwide, improvements in telecommunication infrastructure, technological advancements, increasing utilization of connected devices for the management of chronic diseases, and need for affordable treatment options due to rising healthcare costs. On the other hand, factors such as limited reimbursements in the US and legality, privacy, and security concerns worldwide are expected to restrain the growth of Telehealth Market. In this report, 2015 is considered as the base year and the forecast period is from 2016 to 2021.
Get More Details:
https://www.marketsandmarkets.com/Market-Reports/telehealth-market-201868927.html
