San Francisco, 19 February 2019: The Report U.S.Telehealth Market Analysis, by Product (Hardware, Software, Services), by
Delivery Mode (Web based, Cloud based, On Premise), by End-Use (Providers,
Payers) And Segment Forecasts To 2022
U.S. telehealth market is expected to reach USD 2.8 billion by 2022, according to a new report by Grand View Research Inc. Increasing access to basic healthcare is the major aim of telehealth along with improved healthcare quality and patient safety by early detection and diagnosis. According to a report published by the Agency for Health Care Research and Quality (AHRQ), implementation of telehealth solution improves quality of care delivery to patients.
The rising
demand for self care and independent living along with the concept of home care
is highly appealing to the population. The Rhode Island Partnership for Home
Care reported that in 2014, over 20,000 citizens demanded for home care that
led to approximately 1,000,000 visits by healthcare providers. Advantages that
drive the higher adoption for home care include better psychological impact on
patients, provision of friendly environment, care provision as per patient
needs, and cost-effectiveness.
Also, rising
geriatric population requires round-the-clock monitoring in homes as they are
prone to various chronic ailments. Telehealth system reduces hospital visits
and re-hospitalization of patients, along with round-the-clock remote
monitoring and allows patients to recover within the comforts of their own
home. Telehealth and tele-monitoring devices tender numerous benefits to cater
to these demands and hence propel market growth.
Access
Research Report of U.S. Telehealth Market@ www.grandviewresearch.com/industry-analysis/us-telehealth-market
Further key findings from the report suggest:
· Hardware segment are expected to account
for over 40.0% market share by 2022 owing to, video memory, general memory,
internet connection and emailing feature, processor speed and display quality
are expected to boost the market growth.
· Software segment is expected to grow at a
lucrative CAGR of over 18.0% during the forecast period. The adoption rate for
integrated software is higher as compared to the standalone software due to
higher options and applications along with cost-efficiency. Examples of
integrated solutions include examination cameras, connected devices and
software, and telehealth stations.
· Key players of this market include Philips
Healthcare, GE Healthcare, Bosch Healthcare, Intel, IBM and McKesson Corporation.
· Market participants are involved in
manufacturing wide range of telehealth services and software that can be used
for patient monitoring, self care and post op monitoring.
· For instance, in May 2015, Philips
announced that the joint program between Philips Telehealth and Banner Health
helped reduce costs by 27% and hospitalizations by 45%. The pilot at-home
program was used on patients suffering with critical illnesses that accounted
for 50% of the healthcare spending.
· In August 2015, McKesson Technology
Solutions through their RelayHealth unit launched the ICD10Central.com. The
platform offers easier collaboration between payers and providers. It also has
feature of online forums to promote social media communication and quick
responses to billing queries by the providers.
Browse more reports of this category by
Grand View Research at: www.grandviewresearch.com/industry/healthcare-it
Grand View
Research has segmented the U.S. telehealth market on the basis of products,
delivery mode and end-use:
U.S.
Telehealth Product Outlook (Revenue, USD Million, 2012 - 2022)
·
Hardware
o
Monitors
o
Medical peripheral devices
o
Software
o
Services
U.S. Telehealth Delivery Mode Outlook (Revenue, USD
Million, 2012 - 2022)
o
Web-based
o
Cloud-based
o
On-premise based
U.S.
Telehealth End-use Outlook (Revenue, USD Million, 2012 - 2022)
o
Providers
o
Payers
o
Others
Access Press Release of
U.S. Telehealth Market@ www.grandviewresearch.com/press-release/us-telehealth-market-analysis
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
