Global Telehealth Market 2020-2030

Bonafide Trust 29-12-2020 175 Pages Figures : 87 Tables : 84
Region : Global Category : Lifescience Healthcare

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Global telehealth market will reach $171.13 billion by 2030, growing by 20.5% annually over 2020-2030 driven by shortage of physicians, advancements in telecommunications, and need to expand healthcare access and improve healthcare quality amid COVID-19 pandemic and staying-at-home orders. Highlighted with 84 tables and 87 figures, this 175-page report “Global Telehealth Market 2020-2030 by Component, Modality, Deployment Mode, Application, End User, and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global telehealth market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2015-2019 and provides forecast from 2020 till 2030 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.) In-depth qualitative analyses include identification and investigation of the following aspects: • Market Structure • Growth Drivers • Restraints and Challenges • Emerging Product Trends & Market Opportunities • Porter’s Fiver Forces The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global telehealth market in every aspect of the classification from perspectives of Component, Modality, Deployment Mode, Application, End User, and Region. Based on Component, the global market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section. • Hardware • Software • Service Based on Modality, the global market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section. • Real-time Interactive Healthcare • Remote Patient Monitoring/Evaluation • Store and Forward Healthcare • Videotelephony Based on Deployment Mode, the global market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section. • Web/APP-based Telehealth • Cloud-based Telehealth • On-premise Telehealth Based on Application, the global market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section. • Teleradiology • Teledermatology • Telecardiology • Telepsychiatry • Telestroke • Tele-ICU • Teleconsultation • Other Applications Based on End User, the global market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section. • Healthcare Providers • Individuals and Patients • Healthcare Payers • Other End Users Geographically, the following regions together with the listed national/local markets are fully investigated: • APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines) • Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Turkey, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland) • North America (U.S., Canada, and Mexico) • South America (Brazil, Chile, Argentina, Rest of South America) • MEA (Saudi Arabia, UAE, South Africa) For each aforementioned region and country, detailed analysis and data for annual revenue are available for 2019-2030. The breakdown of all regional markets by country and split of key national markets by Modality, Application, and End User over the forecast years are also included. The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players. Specifically, potential risks associated with investing in global telehealth market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions. Key Players (this may not be a complete list and extra companies can be added upon request): Aerotel Medical Systems AMD Global Telemedicine American Well Corporation Biotelemetry Inc. Doctor On Demand Inc. GE Healthcare GlobalMedia Group InTouch Technologies Koninklijke Philips NV MDLIVE Inc. Medtronic Inc. Resideo Life Care Solutions Teladoc Health Inc. Telespecialists Vivify Health Zipnosis (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

Table of Contents

1 Introduction 8

1.1 Industry Definition and Research Scope 8

1.1.1 Industry Definition 8

1.1.2 Research Scope 10

1.2 Research Methodology 13

1.2.1 Overview of Market Research Methodology 13

1.2.2 Market Assumption 14

1.2.3 Secondary Data 14

1.2.4 Primary Data 14

1.2.5 Data Filtration and Model Design 16

1.2.6 Market Size/Share Estimation 17

1.2.7 Research Limitations 18

1.3 Executive Summary 19

2 Market Overview and Dynamics 22

2.1 Market Size and Forecast 22

2.1.1 Impact of COVID-19 on World Economy 23

2.1.2 Impact of COVID-19 on the Market 26

2.2 Major Growth Drivers 28

2.3 Market Restraints and Challenges 33

2.4 Emerging Opportunities and Market Trends 36

2.5 Porter’s Fiver Forces Analysis 40

3 Segmentation of Global Market by Component 44

3.1 Market Overview by Component 44

3.2 Hardware 46

3.3 Software 47

3.4 Service 48

4 Segmentation of Global Market by Modality 49

4.1 Market Overview by Modality 49

4.2 Real-time Interactive Healthcare 51

4.3 Remote Patient Monitoring/Evaluation 52

4.4 Store and Forward Healthcare 53

4.5 Videotelephony 54

5 Segmentation of Global Market by Deployment Mode 55

5.1 Market Overview by Deployment Mode 55

5.2 Web/APP-based Telehealth 57

5.3 Cloud-based Telehealth 58

5.4 On-premise Telehealth 59

6 Segmentation of Global Market by Application 60

6.1 Market Overview by Application 60

6.2 Teleradiology 62

6.3 Teledermatology 63

6.4 Telecardiology 64

6.5 Telepsychiatry 65

6.6 Telestroke 66

6.7 Tele-ICU 67

6.8 Teleconsultation 68

6.9 Other Applications 69

7 Segmentation of Global Market by End User 70

7.1 Market Overview by End User 70

7.2 Healthcare Providers 72

7.3 Individuals and Patients 73

7.4 Healthcare Payers 74

7.5 Other End Users 75

8 Segmentation of Global Market by Region 76

8.1 Geographic Market Overview 2019-2030 76

8.2 North America Market 2019-2030 by Country 81

8.2.1 Overview of North America Market 81

8.2.2 U.S. 85

8.2.3 Canada 89

8.2.4 Mexico 91

8.3 European Market 2019-2030 by Country 93

8.3.1 Overview of European Market 93

8.3.2 Germany 97

8.3.3 UK 99

8.3.4 France 101

8.3.5 Spain 103

8.3.6 Italy 105

8.3.7 Russia 107

8.3.8 Rest of European Market 109

8.4 Asia-Pacific Market 2019-2030 by Country 111

8.4.1 Overview of Asia-Pacific Market 111

8.4.2 Japan 115

8.4.3 China 118

8.4.4 Australia 120

8.4.5 India 122

8.4.6 South Korea 124

8.4.7 Rest of APAC Region 126

8.5 South America Market 2019-2030 by Country 128

8.5.1 Argentina 131

8.5.2 Brazil 133

8.5.3 Chile 135

8.5.4 Rest of South America Market 137

8.6 MEA Market 2019-2030 by Country 138

8.6.1 UAE 141

8.6.2 Saudi Arabia 143

8.6.3 South Africa 145

8.6.4 Other National Markets 147

9 Competitive Landscape 148

9.1 Overview of Key Vendors 148

9.2 New Product Launch, Partnership, Investment, and M&A 151

9.3 Company Profiles 152

Aerotel Medical Systems 152

AMD Global Telemedicine 154

American Well Corporation 155

Biotelemetry Inc. 156

Doctor On Demand Inc. 157

GE Healthcare 158

GlobalMedia Group 159

InTouch Technologies 160

Koninklijke Philips NV 161

MDLIVE Inc. 162

Medtronic Inc. 163

Resideo Life Care Solutions 164

Teladoc Health Inc. 165

Telespecialists 166

Vivify Health 167

Zipnosis 168

10 Investing in Global Market: Risk Assessment and Management 169

10.1 Risk Evaluation of Global Market 169

10.2 Critical Success Factors (CSFs) 172

Related Reports and Products 175

Figure 1. Research Method Flow Chart 13
Figure 2. Breakdown of Primary Research 15
Figure 3. Bottom-up Approach and Top-down Approach for Market Estimation 17
Figure 4. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2030 19
Figure 5. Global Telehealth Market, 2019-2030, $ mn 22
Figure 6. Impact of COVID-19 on Business 26
Figure 7. Primary Drivers and Impact Factors of Global Telehealth Market 28
Figure 8. Worldwide Geriatric Population (60 years and above) by Regions, 2015 & 2030, million 31
Figure 9. Worldwide Connected Devices by Device Type, 2014-2022, billion units 32
Figure 10. Primary Restraints and Impact Factors of Global Telehealth Market 33
Figure 11. Investment Opportunity Analysis 37
Figure 12. Porter’s Fiver Forces Analysis of Global Telehealth Market 40
Figure 13. Breakdown of Global Telehealth Market by Component, 2019-2030, % of Revenue 45
Figure 14. Global Addressable Market Cap in 2020-2030 by Component, Value ($ mn) and Share (%) 45
Figure 15. Global Telehealth Market: Hardware, 2019-2030, $ mn 46
Figure 16. Global Telehealth Market: Software, 2019-2030, $ mn 47
Figure 17. Global Telehealth Market: Service, 2019-2030, $ mn 48
Figure 18. Breakdown of Global Telehealth Market by Modality, 2019-2030, % of Sales Revenue 50
Figure 19. Global Addressable Market Cap in 2020-2030 by Modality, Value ($ mn) and Share (%) 50
Figure 20. Global Telehealth Market: Real-time Interactive Healthcare, 2019-2030, $ mn 51
Figure 21. Global Telehealth Market: Remote Patient Monitoring/Evaluation, 2019-2030, $ mn 52
Figure 22. Global Telehealth Market: Store and Forward Healthcare, 2019-2030, $ mn 53
Figure 23. Global Telehealth Market: Videotelephony, 2019-2030, $ mn 54
Figure 24. Breakdown of Global Telehealth Market by Deployment Mode, 2019-2030, % of Sales Revenue 56
Figure 25. Global Addressable Market Cap in 2020-2030 by Deployment Mode, Value ($ mn) and Share (%) 56
Figure 26. Global Telehealth Market: Web/APP-based Telehealth, 2019-2030, $ mn 57
Figure 27. Global Telehealth Market: Cloud-based Telehealth, 2019-2030, $ mn 58
Figure 28. Global Telehealth Market: On-premise Telehealth, 2019-2030, $ mn 59
Figure 29. Breakdown of Global Telehealth Market by Application, 2019-2030, % of Revenue 61
Figure 30. Global Addressable Market Cap in 2020-2030 by Application, Value ($ mn) and Share (%) 61
Figure 31. Global Telehealth Market: Teleradiology, 2019-2030, $ mn 62
Figure 32. Global Telehealth Market: Teledermatology, 2019-2030, $ mn 63
Figure 33. Global Telehealth Market: Telecardiology, 2019-2030, $ mn 64
Figure 34. Global Telehealth Market: Telepsychiatry, 2019-2030, $ mn 65
Figure 35. Global Telehealth Market: Telestroke, 2019-2030, $ mn 66
Figure 36. Global Telehealth Market: Tele-ICU, 2019-2030, $ mn 67
Figure 37. Global Telehealth Market: Teleconsultation, 2019-2030, $ mn 68
Figure 38. Global Telehealth Market: Other Applications, 2019-2030, $ mn 69
Figure 39. Breakdown of Global Telehealth Market by End User, 2019-2030, % of Revenue 71
Figure 40. Global Addressable Market Cap in 2020-2030 by End User, Value ($ mn) and Share (%) 71
Figure 41. Global Telehealth Market: Healthcare Providers, 2019-2030, $ mn 72
Figure 42. Global Telehealth Market: Individuals and Patients, 2019-2030, $ mn 73
Figure 43. Global Telehealth Market: Healthcare Payers, 2019-2030, $ mn 74
Figure 44. Global Telehealth Market: Other End Users, 2019-2030, $ mn 75
Figure 45. Global Market Snapshot by Region 76
Figure 46. Geographic Spread of Worldwide Telehealth Market, 2019-2030, % of Sales Revenue 77
Figure 47. Global Addressable Market Cap in 2020-2030 by Region, Value ($ mn) and Share (%) 78
Figure 48. Health Spending as a Share of GDP by Country, 2015 and 2030 79
Figure 49. North American Telehealth Market, 2019-2030, $ mn 82
Figure 50. Breakdown of North America Telehealth Market by Country, 2019 and 2030, % of Revenue 83
Figure 51. Contribution to North America 2020-2030 Cumulative Revenue by Country, Value ($ mn) and Share (%) 84
Figure 52. U.S. Telehealth Market, 2019-2030, $ mn 86
Figure 53. Canada Telehealth Market, 2019-2030, $ mn 89
Figure 54. Telehealth Market in Mexico, 2015-2030, $ mn 91
Figure 55. European Telehealth Market, 2019-2030, $ mn 94
Figure 56. Breakdown of European Telehealth Market by Country, 2019 and 2030, % of Revenue 95
Figure 57. Contribution to Europe 2020-2030 Cumulative Revenue by Country, Value ($ mn) and Share (%) 96
Figure 58. Telehealth Market in Germany, 2019-2030, $ mn 97
Figure 59. Telehealth Market in UK, 2019-2030, $ mn 99
Figure 60. Telehealth Market in France, 2019-2030, $ mn 101
Figure 61. Telehealth Market in Spain, 2019-2030, $ mn 103
Figure 62. Telehealth Market in Italy, 2019-2030, $ mn 105
Figure 63. Telehealth Market in Russia, 2019-2030, $ mn 107
Figure 64. Telehealth Market in Rest of Europe, 2019-2030, $ mn 109
Figure 65. Asia-Pacific Telehealth Market, 2019-2030, $ mn 112
Figure 66. Breakdown of APAC Telehealth Market by Country, 2019 and 2030, % of Revenue 112
Figure 67. Contribution to APAC 2020-2030 Cumulative Revenue by Country, Value ($ mn) and Share (%) 114
Figure 68. Telehealth Market in Japan, 2019-2030, $ mn 116
Figure 69. Telehealth Market in China, 2019-2030, $ mn 118
Figure 70. Telehealth Market in Australia, 2019-2030, $ mn 120
Figure 71. Telehealth Market in India, 2019-2030, $ mn 122
Figure 72. Telehealth Market in South Korea, 2019-2030, $ mn 124
Figure 73. Telehealth Market in Rest of APAC, 2019-2030, $ mn 126
Figure 74. South America Telehealth Market, 2019-2030, $ mn 129
Figure 75. Breakdown of South America Telehealth Market by Country, 2019 and 2030, % of Revenue 129
Figure 76. Contribution to South America 2020-2030 Cumulative Revenue by Country, Value ($ mn) and Share (%) 130
Figure 77. Telehealth Market in Argentina, 2019-2030, $ mn 131
Figure 78. Telehealth Market in Brazil, 2019-2030, $ mn 133
Figure 79. Telehealth Market in Chile, 2019-2030, $ mn 135
Figure 80. Telehealth Market in Rest of South America, 2019-2030, $ mn 137
Figure 81. Telehealth Market in Middle East and Africa (MEA), 2019-2030, $ mn 139
Figure 82. Breakdown of MEA Telehealth Market by Country, 2019 and 2030, % of Revenue 139
Figure 83. Contribution to MEA 2020-2030 Cumulative Revenue by Country, Value ($ mn) and Share (%) 140
Figure 84. Telehealth Market in UAE, 2019-2030, $ mn 141
Figure 85. Telehealth Market in Saudi Arabia, 2019-2030, $ mn 143
Figure 86. Telehealth Market in South Africa, 2019-2030, $ mn 145
Figure 87. Growth Stage of Global Telehealth Industry over the Forecast Period 148

Table 1. Snapshot of Global Telehealth Market in Balanced Perspective, 2019-2030 20
Table 2. Growth Rate of World Real GDP, 2017-2021 24
Table 3. Main Product Trends and Market Opportunities in Global Telehealth Market 36
Table 4. Global Telehealth Market by Component, 2019-2030, $ mn 44
Table 5. Global Telehealth Market by Modality, 2019-2030, $ mn 49
Table 6. Global Telehealth Market by Deployment Mode, 2019-2030, $ mn 55
Table 7. Global Telehealth Market by Application, 2019-2030, $ mn 60
Table 8. Global Telehealth Market by End User, 2019-2030, $ mn 70
Table 9. Global Telehealth Market by Region, 2019-2030, $ mn 77
Table 10. Leading National Telehealth Market, 2019 and 2030, $ mn 80
Table 11. North America Telehealth Market by Country, 2019-2030, $ mn 83
Table 12. U.S. Telehealth Market by Modality, 2019-2030, $ mn 87
Table 13. U.S. Telehealth Market by Application, 2019-2030, $ mn 87
Table 14. U.S. Telehealth Market by End User, 2019-2030, $ mn 87
Table 15. Canada Telehealth Market by Modality, 2019-2030, $ mn 90
Table 16. Canada Telehealth Market by Application, 2019-2030, $ mn 90
Table 17. Canada Telehealth Market by End User, 2019-2030, $ mn 90
Table 18. Mexico Telehealth Market by Modality, 2019-2030, $ mn 92
Table 19. Mexico Telehealth Market by Application, 2019-2030, $ mn 92
Table 20. Mexico Telehealth Market by End User, 2019-2030, $ mn 92
Table 21. Europe Telehealth Market by Country, 2019-2030, $ mn 96
Table 22. Germany Telehealth Market by Modality, 2019-2030, $ mn 98
Table 23. Germany Telehealth Market by Application, 2019-2030, $ mn 98
Table 24. Germany Telehealth Market by End User, 2019-2030, $ mn 98
Table 25. UK Telehealth Market by Modality, 2019-2030, $ mn 100
Table 26. UK Telehealth Market by Application, 2019-2030, $ mn 100
Table 27. UK Telehealth Market by End User, 2019-2030, $ mn 100
Table 28. France Telehealth Market by Modality, 2019-2030, $ mn 102
Table 29. France Telehealth Market by Application, 2019-2030, $ mn 102
Table 30. France Telehealth Market by End User, 2019-2030, $ mn 102
Table 31. Spain Telehealth Market by Modality, 2019-2030, $ mn 104
Table 32. Spain Telehealth Market by Application, 2019-2030, $ mn 104
Table 33. Spain Telehealth Market by End User, 2019-2030, $ mn 104
Table 34. Italy Telehealth Market by Modality, 2019-2030, $ mn 106
Table 35. Italy Telehealth Market by Application, 2019-2030, $ mn 106
Table 36. Italy Telehealth Market by End User, 2019-2030, $ mn 106
Table 37. Russia Telehealth Market by Modality, 2019-2030, $ mn 108
Table 38. Russia Telehealth Market by Application, 2019-2030, $ mn 108
Table 39. Russia Telehealth Market by End User, 2019-2030, $ mn 108
Table 40. Telehealth Market in Rest of Europe by Country, 2019-2030, $ mn 110
Table 41. APAC Telehealth Market by Country, 2019-2030, $ mn 113
Table 42. Japan Telehealth Market by Modality, 2019-2030, $ mn 117
Table 43. Japan Telehealth Market by Application, 2019-2030, $ mn 117
Table 44. Japan Telehealth Market by End User, 2019-2030, $ mn 117
Table 45. China Telehealth Market by Modality, 2019-2030, $ mn 119
Table 46. China Telehealth Market by Application, 2019-2030, $ mn 119
Table 47. China Telehealth Market by End User, 2019-2030, $ mn 119
Table 48. Australia Telehealth Market by Modality, 2019-2030, $ mn 121
Table 49. Australia Telehealth Market by Application, 2019-2030, $ mn 121
Table 50. Australia Telehealth Market by End User, 2019-2030, $ mn 121
Table 51. India Telehealth Market by Modality, 2019-2030, $ mn 123
Table 52. India Telehealth Market by Application, 2019-2030, $ mn 123
Table 53. India Telehealth Market by End User, 2019-2030, $ mn 123
Table 54. South Korea Telehealth Market by Modality, 2019-2030, $ mn 125
Table 55. South Korea Telehealth Market by Application, 2019-2030, $ mn 125
Table 56. South Korea Telehealth Market by End User, 2019-2030, $ mn 125
Table 57. Telehealth Market in Rest of APAC by Country, 2019-2030, $ mn 127
Table 58. South America Telehealth Market by Country, 2019-2030, $ mn 130
Table 59. Argentina Telehealth Market by Modality, 2019-2030, $ mn 132
Table 60. Argentina Telehealth Market by Application, 2019-2030, $ mn 132
Table 61. Argentina Telehealth Market by End User, 2019-2030, $ mn 132
Table 62. Brazil Telehealth Market by Modality, 2019-2030, $ mn 134
Table 63. Brazil Telehealth Market by Application, 2019-2030, $ mn 134
Table 64. Brazil Telehealth Market by End User, 2019-2030, $ mn 134
Table 65. Chile Telehealth Market by Modality, 2019-2030, $ mn 136
Table 66. Chile Telehealth Market by Application, 2019-2030, $ mn 136
Table 67. Chile Telehealth Market by End User, 2019-2030, $ mn 136
Table 68. MEA Telehealth Market by Country, 2019-2030, $ mn 140
Table 69. UAE Telehealth Market by Modality, 2019-2030, $ mn 142
Table 70. UAE Telehealth Market by Application, 2019-2030, $ mn 142
Table 71. UAE Telehealth Market by End User, 2019-2030, $ mn 142
Table 72. Saudi Arabia Telehealth Market by Modality, 2019-2030, $ mn 144
Table 73. Saudi Arabia Telehealth Market by Application, 2019-2030, $ mn 144
Table 74. Saudi Arabia Telehealth Market by End User, 2019-2030, $ mn 144
Table 75. South Africa Telehealth Market by Modality, 2019-2030, $ mn 146
Table 76. South Africa Telehealth Market by Application, 2019-2030, $ mn 146
Table 77. South Africa Telehealth Market by End User, 2019-2030, $ mn 146
Table 78. Aerotel Medical Systems: Company Snapshot 152
Table 79. Aerotel Medical Systems: Business Segmentation 152
Table 80. Aerotel Medical Systems: Product Portfolio 153
Table 81. Aerotel Medical Systems: Revenue, 2016-2018, $ mn 153
Table 82. Aerotel Medical Systems: Recent Developments 153
Table 83. Risk Evaluation for Investing in Global Market, 2019-2030 170
Table 84. Critical Success Factors and Key Takeaways 173

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Global Telehealth Market 2020-2030

Global Telehealth Market 2020-2030