North America Telehealth Market 2020-2030
North America telehealth market is expected to grow by 20.0% annually in the forecast period and reach $70.56 billion by 2030.
- Bonafide Trust
- 29-12-2020
- Pages : 112
- Figures : 50
- Tables : 25
- Region : North America
- Category : Lifescience
- Healthcare
North America telehealth market is expected to grow by 20.0% annually in the forecast period and reach $70.56 billion by 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 25 tables and 50 figures, this 112-page report “North America Telehealth Market 2020-2030 by Component, Modality, Deployment Mode, Application, End User, and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire North America 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 North America 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 North America telehealth market in every aspect of the classification from perspectives of Component, Modality, Deployment Mode, Application, End User, and Country. Based on Component, the North America market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section. • Hardware • Software • Service
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Download SampleBased on Modality, the North America 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 North America 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 North America 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 North America 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 national/local markets are fully investigated: • U.S. • Canada • Mexico For each key country, detailed analysis and data for annual revenue are available for 2019-2030. The breakdown 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 North America 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 North America Telemedicine American Well Corporation Biotelemetry Inc. Doctor On Demand Inc. GE Healthcare North AmericaMedia 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
- Table of Contents
- 1 Introduction 6
- 1.1 Industry Definition and Research Scope 6
- 1.1.1 Industry Definition 6
- 1.1.2 Research Scope 8
- 1.2 Research Methodology 11
- 1.2.1 Overview of Market Research Methodology 11
- 1.2.2 Market Assumption 12
- 1.2.3 Secondary Data 12
- 1.2.4 Primary Data 12
- 1.2.5 Data Filtration and Model Design 14
- 1.2.6 Market Size/Share Estimation 15
- 1.2.7 Research Limitations 16
- 1.3 Executive Summary 17
- 2 Market Overview and Dynamics 20
- 2.1 Market Size and Forecast 20
- 2.1.1 Impact of COVID-19 on World Economy 21
- 2.1.2 Impact of COVID-19 on the Market 24
- 2.2 Major Growth Drivers 26
- 2.3 Market Restraints and Challenges 31
- 2.4 Emerging Opportunities and Market Trends 34
- 2.5 Porter’s Fiver Forces Analysis 38
- 3 Segmentation of North America Market by Component 42
- 3.1 Market Overview by Component 42
- 3.2 Hardware 44
- 3.3 Software 45
- 3.4 Service 46
- 4 Segmentation of North America Market by Modality 47
- 4.1 Market Overview by Modality 47
- 4.2 Real-time Interactive Healthcare 49
- 4.3 Remote Patient Monitoring/Evaluation 50
- 4.4 Store and Forward Healthcare 51
- 4.5 Videotelephony 52
- 5 Segmentation of North America Market by Deployment Mode 53
- 5.1 Market Overview by Deployment Mode 53
- 5.2 Web/APP-based Telehealth 55
- 5.3 Cloud-based Telehealth 56
- 5.4 On-premise Telehealth 57
- 6 Segmentation of North America Market by Application 58
- 6.1 Market Overview by Application 58
- 6.2 Teleradiology 60
- 6.3 Teledermatology 61
- 6.4 Telecardiology 62
- 6.5 Telepsychiatry 63
- 6.6 Telestroke 64
- 6.7 Tele-ICU 65
- 6.8 Teleconsultation 66
- 6.9 Other Applications 67
- 7 Segmentation of North America Market by End User 68
- 7.1 Market Overview by End User 68
- 7.2 Healthcare Providers 70
- 7.3 Individuals and Patients 71
- 7.4 Healthcare Payers 72
- 7.5 Other End Users 73
- 8 North America Market 2019-2030 by Country 74
- 8.1 Overview of North America Market 74
- 8.2 U.S. 77
- 8.3 Canada 81
- 8.4 Mexico 83
- 9 Competitive Landscape 85
- 9.1 Overview of Key Vendors 85
- 9.2 New Product Launch, Partnership, Investment, and M&A 88
- 9.3 Company Profiles 89
- Aerotel Medical Systems 89
- AMD North America Telemedicine 91
- American Well Corporation 92
- Biotelemetry Inc. 93
- Doctor On Demand Inc. 94
- GE Healthcare 95
- North AmericaMedia Group 96
- InTouch Technologies 97
- Koninklijke Philips NV 98
- MDLIVE Inc. 99
- Medtronic Inc. 100
- Resideo Life Care Solutions 101
- Teladoc Health Inc. 102
- Telespecialists 103
- Vivify Health 104
- Zipnosis 105
- 10 Investing in North America Market: Risk Assessment and Management 106
- 10.1 Risk Evaluation of North America Market 106
- 10.2 Critical Success Factors (CSFs) 109
- Related Reports and Products 112
Table 2. Growth Rate of World Real GDP, 2017-2021 22
Table 3. Main Product Trends and Market Opportunities in North America Telehealth Market 34
Table 4. North America Telehealth Market by Component, 2019-2030, $ mn 42
Table 5. North America Telehealth Market by Modality, 2019-2030, $ mn 47
Table 6. North America Telehealth Market by Deployment Mode, 2019-2030, $ mn 53
Table 7. North America Telehealth Market by Application, 2019-2030, $ mn 58
Table 8. North America Telehealth Market by End User, 2019-2030, $ mn 68
Table 9. North America Telehealth Market by Country, 2019-2030, $ mn 75
Table 10. U.S. Telehealth Market by Modality, 2019-2030, $ mn 79
Table 11. U.S. Telehealth Market by Application, 2019-2030, $ mn 79
Table 12. U.S. Telehealth Market by End User, 2019-2030, $ mn 79
Table 13. Canada Telehealth Market by Modality, 2019-2030, $ mn 82
Table 14. Canada Telehealth Market by Application, 2019-2030, $ mn 82
Table 15. Canada Telehealth Market by End User, 2019-2030, $ mn 82
Table 16. Mexico Telehealth Market by Modality, 2019-2030, $ mn 84
Table 17. Mexico Telehealth Market by Application, 2019-2030, $ mn 84
Table 18. Mexico Telehealth Market by End User, 2019-2030, $ mn 84
Table 19. Aerotel Medical Systems: Company Snapshot 89
Table 20. Aerotel Medical Systems: Business Segmentation 89
Table 21. Aerotel Medical Systems: Product Portfolio 90
Table 22. Aerotel Medical Systems: Revenue, 2016-2018, $ mn 90
Table 23. Aerotel Medical Systems: Recent Developments 90
Table 24. Risk Evaluation for Investing in North America Market, 2019-2030 107
Table 25. Critical Success Factors and Key Takeaways 110
Figure 2. Breakdown of Primary Research 13
Figure 3. Bottom-up Approach and Top-down Approach for Market Estimation 15
Figure 4. North America Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2030 17
Figure 5. North America Telehealth Market, 2019-2030, $ mn 20
Figure 6. Impact of COVID-19 on Business 24
Figure 7. Primary Drivers and Impact Factors of North America Telehealth Market 26
Figure 8. Worldwide Geriatric Population (60 years and above) by Regions, 2015 & 2030, million 29
Figure 9. Worldwide Connected Devices by Device Type, 2014-2022, billion units 30
Figure 10. Primary Restraints and Impact Factors of North America Telehealth Market 31
Figure 11. Investment Opportunity Analysis 35
Figure 12. Porter’s Fiver Forces Analysis of North America Telehealth Market 38
Figure 13. Breakdown of North America Telehealth Market by Component, 2019-2030, % of Revenue 43
Figure 14. North America Addressable Market Cap in 2020-2030 by Component, Value ($ mn) and Share (%) 43
Figure 15. North America Telehealth Market: Hardware, 2019-2030, $ mn 44
Figure 16. North America Telehealth Market: Software, 2019-2030, $ mn 45
Figure 17. North America Telehealth Market: Service, 2019-2030, $ mn 46
Figure 18. Breakdown of North America Telehealth Market by Modality, 2019-2030, % of Sales Revenue 48
Figure 19. North America Addressable Market Cap in 2020-2030 by Modality, Value ($ mn) and Share (%) 48
Figure 20. North America Telehealth Market: Real-time Interactive Healthcare, 2019-2030, $ mn 49
Figure 21. North America Telehealth Market: Remote Patient Monitoring/Evaluation, 2019-2030, $ mn 50
Figure 22. North America Telehealth Market: Store and Forward Healthcare, 2019-2030, $ mn 51
Figure 23. North America Telehealth Market: Videotelephony, 2019-2030, $ mn 52
Figure 24. Breakdown of North America Telehealth Market by Deployment Mode, 2019-2030, % of Sales Revenue 54
Figure 25. North America Addressable Market Cap in 2020-2030 by Deployment Mode, Value ($ mn) and Share (%) 54
Figure 26. North America Telehealth Market: Web/APP-based Telehealth, 2019-2030, $ mn 55
Figure 27. North America Telehealth Market: Cloud-based Telehealth, 2019-2030, $ mn 56
Figure 28. North America Telehealth Market: On-premise Telehealth, 2019-2030, $ mn 57
Figure 29. Breakdown of North America Telehealth Market by Application, 2019-2030, % of Revenue 59
Figure 30. North America Addressable Market Cap in 2020-2030 by Application, Value ($ mn) and Share (%) 59
Figure 31. North America Telehealth Market: Teleradiology, 2019-2030, $ mn 60
Figure 32. North America Telehealth Market: Teledermatology, 2019-2030, $ mn 61
Figure 33. North America Telehealth Market: Telecardiology, 2019-2030, $ mn 62
Figure 34. North America Telehealth Market: Telepsychiatry, 2019-2030, $ mn 63
Figure 35. North America Telehealth Market: Telestroke, 2019-2030, $ mn 64
Figure 36. North America Telehealth Market: Tele-ICU, 2019-2030, $ mn 65
Figure 37. North America Telehealth Market: Teleconsultation, 2019-2030, $ mn 66
Figure 38. North America Telehealth Market: Other Applications, 2019-2030, $ mn 67
Figure 39. Breakdown of North America Telehealth Market by End User, 2019-2030, % of Revenue 69
Figure 40. North America Addressable Market Cap in 2020-2030 by End User, Value ($ mn) and Share (%) 69
Figure 41. North America Telehealth Market: Healthcare Providers, 2019-2030, $ mn 70
Figure 42. North America Telehealth Market: Individuals and Patients, 2019-2030, $ mn 71
Figure 43. North America Telehealth Market: Healthcare Payers, 2019-2030, $ mn 72
Figure 44. North America Telehealth Market: Other End Users, 2019-2030, $ mn 73
Figure 45. Breakdown of North America Telehealth Market by Country, 2019 and 2030, % of Revenue 75
Figure 46. Contribution to North America 2020-2030 Cumulative Revenue by Country, Value ($ mn) and Share (%) 76
Figure 47. U.S. Telehealth Market, 2019-2030, $ mn 78
Figure 48. Canada Telehealth Market, 2019-2030, $ mn 81
Figure 49. Telehealth Market in Mexico, 2015-2030, $ mn 83
Figure 50. Growth Stage of North America Telehealth Industry over the Forecast Period 85
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