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According to the latest report published by Credence Research, Inc. “Telehealth\nMarket Growth, Future Prospects and Competitive Analysis, 2016 - 2022,” the telehealth\nmarket was valued at USD 2,193.1 Mn in 2015, and is expected to reach USD 10,467.0 Mn by\n2022

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global telehealth market to reach worth

Global Telehealth Market To Reach Worth USD 10,467.0 Mn By 2022

According

Market Growth, Future Prospects and Competitive Analysis, 2016 - 2022,” the telehealth

market was valued at USD 2,193.1 Mn in 2015, and is expected to reach USD 10,467.0 Mn by

2022, expanding at a CAGR of 24.7% from 2016 to 2022.

Browse the full report Telehealth: Market Growth, Future Prospects and Competitive

Analysis, 2016-2022 at http://www.credenceresearch.com/report/telehealth-market

Market Insights

Phenomenal rise in the aging and chronically ill population, shortage of specialized medical

practitioners in North America and some other parts of the world, growing need for remote

patient monitoring and rapid technological evolution in the field of telecommunications are some

of the factors that have led to introduction of telehealth. Growth in healthcare expenditure, rising

trend of home and remote patient care, and increasing awareness about technology assisted

healthcare and wellness further act on advantage of telehealth. Conversely, arrested

reimbursement, threat of patient record breach, and cost constraints are some of the factors that

hold back the market growth.

Growth in number of virtual medical facilities, advent of remote patient monitoring ad clinical

enterprises are some of the major trends being witnessed in the global telehealth market. Dearth

of basic physicians in rural areas, and skilled practitioners certain developed markets serve as

potential opportunities for the telehealth market players.

North America and Europe are the largest regional markets for telehealth applications and

services. Widespread acceptance of remote healthcare is the major influencing factor for the

growth. Government initiatives in these regions to augment the adoption of healthcare IT and

the growing need for providing healthcare at competitive costs are expected to support the

growth of telehealth in these regions. Markets of emerging countries such as China, Russia,

Brazil and China will undergo the growth during the forecast period. Staggering patient

population, high incidence of chronic diseases and increasing healthcare expenditure are the

major contributors to the market growth in Asia-Pacific and Latin America markets. Additionally,

growth in awareness about telemedicine and access to specialty physicians through telehealth (in

remote areas) are further expected to fuel the market growth in these regions.

Some of the prime companies operating in the telehealth market include AMD Telemedicine,

Philips Healthcare, GE Healthcare, McKesson Corporation, and others. He high growth potential in

to

the

latest

report

published

by

Credence

Research,

Inc. “Telehealth

counties in asia pacific and latin america

counties in Asia-Pacific and Latin America has led to growing focus of major market players in

expanding their reach in these regions.

To Get Complete Report @http://www.credenceresearch.com/report/telehealth-market

About Us:

Credence Research is a worldwide market research and counseling firm that serves driving

organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers

some assistance with making enduring enhancements to their execution and understand their most

imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to

this task.

Contact:

Name: Chris Smith

Designation: Global Sales Manager

E-mail: sales@credenceresearch.com

Ph: 1-800-361-8290

Web: http://www.credenceresearch.com