Press release
Telehealth Software Market Size, Share, Segmentation And Trends Forecast To 2033
The telehealth software market size has grown rapidly in recent years. It will grow from $8.05 billion in 2023 to $9.52 billion in 2024 at a compound annual growth rate (CAGR) of 18.2%. The growth in the historic period can be attributed to the growing prevalence of chronic diseases, increasing consumer awareness and acceptance of telemedicine, the growing prevalence of chronic diseases driving telehealth usage, the aging population, rising need for remote patient monitoring solutions.
The telehealth software market size is expected to see rapid growth in the next few years. It will grow to $18.69 billion in 2028 at a compound annual growth rate (CAGR) of 18.4%. The growth in the forecast period can be attributed to Increased focus on telehealth interoperability, increasing demand for remote healthcare services, rising demand for remote healthcare services, increased focus on telehealth interoperability, and rising adoption of telemedicine platforms. Major trends in the forecast period include technological advancements in telecommunication, expansion of healthcare infrastructure in remote areas, integration of AI and machine learning in telehealth, integration of telehealth into electronic health records (EHR) systems, and expansion of telehealth services in developing countries.
Market Overview -
Telehealth software refers to digital platforms and solutions that enable remote healthcare services and consultations. Telehealth software enables healthcare clinicians to electronically prescribe medications, deliver prescriptions directly to pharmacies, and monitor medication adherence for patients.
Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=14809&type=smp
The Telehealth Software Market Surge Driven by Escalating Chronic Disease Prevalence
The growing prevalence of chronic diseases is expected to propel the growth of the telehealth software market going forward. Chronic diseases refer to long-lasting conditions characterized by persistent or recurring symptoms that typically require ongoing management and treatment. Chronic diseases are growing due to factors such as aging populations, tobacco and alcohol use, and a lack of access to healthcare. Telehealth software facilitates the management of chronic diseases by offering remote access to healthcare services, allowing patients to receive regular monitoring and consultations without the need for in-person visits. This accessibility promotes early detection, continuous care, and patient empowerment, ultimately contributing to better management and outcomes for individuals with chronic conditions. For instance, in September 2022, according to the World Health Organization, a Switzerland-based specialized agency of the United Nations, there were 41 million deaths, which is 74% of those caused by non-communicable diseases (NCDs) or chronic diseases every year globally. There were 17.9 million deaths from cardiovascular diseases, 9.3 million deaths from cancer, 4.1 million deaths from chronic respiratory diseases, and 2.0 million deaths from diabetes. Furthermore, in December 2021, according to the IDF Diabetes Atlas Tenth Edition 2021 report published by the International Diabetes Federation, a Belgium-based organization of national diabetes associations, 537 million people (20-79 years old) were estimated to have diabetes in 2021. By 2030, there will be 643 million diabetics worldwide, and by 2045, there will be 783 million. Therefore, the growing prevalence of chronic diseases is driving the growth of the telehealth software market.
Competitive Landscape -
Major companies operating in the telehealth software market are Cisco Systems Inc., Oracle Corporation, Honeywell International Inc., Medtronic Inc., Advanced Micro Devices Inc. , Koninklijke Philips N.V., Resideo Technologies Inc., Cerner Corporation, Zoom Video Communications Inc., Teladoc Health Inc., Masimo Corporation, OSI Systems Inc., Allscripts Healthcare LLC, A&D Company Limited, BioTelemetry, American Well Corporation, Vocera Communications Inc., Care Innovations LLC, Zocdoc Inc., CureMD Healthcare, Chiron Technology Services Inc., GlobalMedia Group LLC, PatientSafe Solutions Inc., Biotricity Inc., Updox LLC, Capsule Technologies Inc., Aerotel Medical Systems Ltd.
Increasing Focus On Single-Interface Cloud-Based Solutions In Telehealth
Major companies operating in the telehealth software market are focused on developing advanced solutions, such as single-interface cloud-based solutions, to gain a competitive edge in the market. A single-interface cloud-based solution refers to integrated platforms that offer a comprehensive suite of telehealth services accessible through a unified user interface. For instance, in June 2022, GoMeyra, a US-based cloud software company, launched the GoVirtual Clinic, a new telehealth platform and single-interface cloud-based solution that allows labs, physicians, or nurses to administer medical tests and consult with patients over a secure remote platform. GoVirtual Clinic is a next-generation platform that provides medical practitioners with a suite of solutions for conducting virtual patient appointments while managing patient care and associated electronic health data. The platform's first phase, which was just published, includes tools for smoothly scheduling and managing virtual testing appointments, ordering test kits, monitoring online waiting rooms, conducting virtual appointments, and sharing test results with patients in real-time.
Browse Full Report @
https://www.thebusinessresearchcompany.com/report/telehealth-software-global-market-report
Key Segments -
The telehealth software market covered in this report is segmented -
1) By Component: Software, Services
2) By Deployment: Cloud-Based, On-Premises
3) By End User: Healthcare Providers, Healthcare Payers And Patients
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
The telehealth software market size is expected to see rapid growth in the next few years. It will grow to $18.69 billion in 2028 at a compound annual growth rate (CAGR) of 18.4%. The growth in the forecast period can be attributed to Increased focus on telehealth interoperability, increasing demand for remote healthcare services, rising demand for remote healthcare services, increased focus on telehealth interoperability, and rising adoption of telemedicine platforms. Major trends in the forecast period include technological advancements in telecommunication, expansion of healthcare infrastructure in remote areas, integration of AI and machine learning in telehealth, integration of telehealth into electronic health records (EHR) systems, and expansion of telehealth services in developing countries.
Market Overview -
Telehealth software refers to digital platforms and solutions that enable remote healthcare services and consultations. Telehealth software enables healthcare clinicians to electronically prescribe medications, deliver prescriptions directly to pharmacies, and monitor medication adherence for patients.
Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=14809&type=smp
The Telehealth Software Market Surge Driven by Escalating Chronic Disease Prevalence
The growing prevalence of chronic diseases is expected to propel the growth of the telehealth software market going forward. Chronic diseases refer to long-lasting conditions characterized by persistent or recurring symptoms that typically require ongoing management and treatment. Chronic diseases are growing due to factors such as aging populations, tobacco and alcohol use, and a lack of access to healthcare. Telehealth software facilitates the management of chronic diseases by offering remote access to healthcare services, allowing patients to receive regular monitoring and consultations without the need for in-person visits. This accessibility promotes early detection, continuous care, and patient empowerment, ultimately contributing to better management and outcomes for individuals with chronic conditions. For instance, in September 2022, according to the World Health Organization, a Switzerland-based specialized agency of the United Nations, there were 41 million deaths, which is 74% of those caused by non-communicable diseases (NCDs) or chronic diseases every year globally. There were 17.9 million deaths from cardiovascular diseases, 9.3 million deaths from cancer, 4.1 million deaths from chronic respiratory diseases, and 2.0 million deaths from diabetes. Furthermore, in December 2021, according to the IDF Diabetes Atlas Tenth Edition 2021 report published by the International Diabetes Federation, a Belgium-based organization of national diabetes associations, 537 million people (20-79 years old) were estimated to have diabetes in 2021. By 2030, there will be 643 million diabetics worldwide, and by 2045, there will be 783 million. Therefore, the growing prevalence of chronic diseases is driving the growth of the telehealth software market.
Competitive Landscape -
Major companies operating in the telehealth software market are Cisco Systems Inc., Oracle Corporation, Honeywell International Inc., Medtronic Inc., Advanced Micro Devices Inc. , Koninklijke Philips N.V., Resideo Technologies Inc., Cerner Corporation, Zoom Video Communications Inc., Teladoc Health Inc., Masimo Corporation, OSI Systems Inc., Allscripts Healthcare LLC, A&D Company Limited, BioTelemetry, American Well Corporation, Vocera Communications Inc., Care Innovations LLC, Zocdoc Inc., CureMD Healthcare, Chiron Technology Services Inc., GlobalMedia Group LLC, PatientSafe Solutions Inc., Biotricity Inc., Updox LLC, Capsule Technologies Inc., Aerotel Medical Systems Ltd.
Increasing Focus On Single-Interface Cloud-Based Solutions In Telehealth
Major companies operating in the telehealth software market are focused on developing advanced solutions, such as single-interface cloud-based solutions, to gain a competitive edge in the market. A single-interface cloud-based solution refers to integrated platforms that offer a comprehensive suite of telehealth services accessible through a unified user interface. For instance, in June 2022, GoMeyra, a US-based cloud software company, launched the GoVirtual Clinic, a new telehealth platform and single-interface cloud-based solution that allows labs, physicians, or nurses to administer medical tests and consult with patients over a secure remote platform. GoVirtual Clinic is a next-generation platform that provides medical practitioners with a suite of solutions for conducting virtual patient appointments while managing patient care and associated electronic health data. The platform's first phase, which was just published, includes tools for smoothly scheduling and managing virtual testing appointments, ordering test kits, monitoring online waiting rooms, conducting virtual appointments, and sharing test results with patients in real-time.
Browse Full Report @
https://www.thebusinessresearchcompany.com/report/telehealth-software-global-market-report
Key Segments -
The telehealth software market covered in this report is segmented -
1) By Component: Software, Services
2) By Deployment: Cloud-Based, On-Premises
3) By End User: Healthcare Providers, Healthcare Payers And Patients
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
