#Telehealth #Market #Report
Pune, Oct. 18, 2022 (GLOBE NEWSWIRE) — According to the latest report published by Growth Plus Reports, the global telehealth market is expected to clock US$ 1160 million by 2030 and to grow at a CAGR of 33% during the forecast period. Owing to the increased adoption of digital healthcare services and improved digital infrastructure. This exclusive information is published by Growth Plus Reports in its report titled “Telehealth Market – Global Outlook & Forecast 2022-2030”
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Excerpts from ‘Competitive Landscape’
Some of the prominent players operating in the global telehealth market are
- Teladoc Health Inc.
- Koninklijke Philips N.V
- Cerner Corp
- GE Healthcare
- Siemens Healthineers
- GlobalMed
- Doctor on Demand Inc.
- Grand Rounds Inc.
- American Well
- Open TeleHealth
The companies are expanding their network through collaboration and acquisition strategies,in order to strengthen their position in the global telehealth market.
Growth Drivers
The increasing penetration of internet networks and the advancement and availability of smartphones have impacted the global telemedicine market for many years. The increasing prevalence of chronic diseases led to monitoring by smartphones and tablets is also driving the telemedicine market. As a result, reliance on face-to-face visits has decreased dramatically. Additionally, many major players are launching many innovative platforms to provide virtual healthcare. This development of advanced technology, including remote patient care, has reduced hospitalization rates and fueled the growth of the market. Healthcare IT innovations such as IoT, healthcare analytics, smartphone connectivity, and fitness trackers like smart devices are revolutionizing the global telemedicine market. Additionally, government initiatives to support the adoption of telemedicine services are driving the global telemedicine market.
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