Electric Car Market is valued at 115.79 USD Billion in 2018 and expected to reach USD 776.87 Billion by 2025 with a CAGR of 31.25% over the forecast period.
Electric Car Market report is segmented on the basis of drug type, components, regional & country level. Based upon type, global electric car market is classified as HEVs (Hybrid Electric vehicle), BEVs (Battery electric vehicle) and PHEVs (Plug-in hybrid electric vehicles). On the basis of components the market is segmented in to batteries, sub-assemblies, automotive parts and others.
Market Analysis of Electric Car- Electric car is a term refers to an alternative fuel automobile that uses electric motors and motor controllers. In these cars electricity used as a transportation fuel to power battery of vehicles. The electricity gives power to an electric motor which in turn power up the vehicle wheels. The batteries have limited energy storage capacity, which is filled up by plugging in to an electrical source. These cars are mainly powered by on-board battery packs and known as battery electric vehicles. Even if these cars have good acceleration and have acceptable top speed, but they have relatively poor range between charges and recharging may take significant amount of time. It is mainly used for everyday use rather than for long journey.
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The regions covered in this electric car market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Electric Car is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Key Players– Global Electric Car market report covers prominent players like Nissan Motors, Tesla Corporation, General Motors, Mitsubishi Motors, Volkswagen, Daimler AG, Smith electric Vehicle, Bosch GmbH, Delphi Automotive plc. and others.
The strict emission norms and regulations all around the globe are the main driving factors for the growth of electric car market.
Increasing negative impact of using petroleum based transportation infrastructure in environment, volatile oil market and technological development in use of alternative energy resources is driving the electric car market. Electric cars have the potential to reduce city pollution significantly, for example, in US electric car would result in a 30% reduction in carbon dioxide emission. Governments of different countries are also taking various steps to encourage consumers to use electric cars, due to concern of environmental safety. For example, Norway has put forwarded one of the most aggressive targets, banning the sales of traditionally powered vehicles by 2025. Other countries such as India, Netherlands, and Israel, have considered a 2030 target, while China is actively considering and studying a ban. All these factors have encouraged manufacturers to come up with new electric cars suitable for consumers, which in turn increase the growth of the electric car market. Due to number of government initiatives, in Norway the electric vehicles and plug-in hybrids reached a 39% market share in 2017. Still, despite the rapid growth coming from technological point of view, just six countries – China, the U.S., Japan, Canada, Norway, and the UK –have EV market shares that are above 1 % of total vehicle sales. This creates huge opportunity for electric car market to grow worldwide. Lack of sufficient charging infrastructure and value chain ecosystem is one of the major restraints for the growth of electric car market.
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Asia Pacific is dominating the Electric Car Market
In 2018, the number of electric cars globally exceeded 5.1 million, increased about 2 million from previous year. China is the world’s largest electric car market, followed by Europe and United states. Norway with market share of 46% is the global leader in electric car market. Asia Pacific is dominating the market due to presence of emerging countries such as China, India, Indonesia, requirement of alternative energy source and environmental awareness. In China around 1.1 million electric cars are sold in 2018 with presence of 2.3 million electric cars previously, it is the largest electric car market. Europe followed with around 1.2 million electric cars and US with 1.1 million in 2018. The electric car market is growing rapidly in Europe due to increasing awareness of environmental safety and research and development in application of alternative fuels. For example, Norway, Iceland (17%) and Sweden (8%) have highest market share in electric car sale.
Key Benefits for Market Reports –
Global market report covers in depth historical and forecast analysis.
Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global market report helps to identify opportunities in market place.
Global market report covers extensive analysis of emerging trends and competitive landscape.
Market Segmentation –
By Type: HEVs (Hybrid Electric vehicle), BEVs (Battery electric vehicle), PHEVs (Plug-in hybrid electric vehicles)
By Component: Batteries, Sub-assemblies, Automotive parts, Others
Regional & Country Analysis
North America, U.S., Mexico, Canada , Europe, UK, France, Germany, Italy , Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of Middle East and Africa
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About us: Brandessence Market Research and Consulting Pvt. ltd.
Brandessence market research publishes market research reports & business insights produced by highly qualified and experienced industry analysts. Our research reports are available in a wide range of industry verticals including aviation, food & beverage, healthcare, ICT, Construction, Chemicals and lot more. Brand Essence Market Research report will be best fit for senior executives, business development managers, marketing managers, consultants, CEOs, CIOs, COOs, and Directors, governments, agencies, organizations and Ph.D. Students. We have a delivery center in Pune, India and our sales office is in London.
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=By AdminTeam | 13 Jul 2020
Continue ReadingRemote Patient Monitoring market is valued at USD 1093.47 Million in 2018 and expected to reach USD 3229.13 Million by 2025 with a CAGR of 16.73% over the forecast period.
Global Remote Patient Monitoring Scope:
Remote patient monitoring is the latest advancement of healthcare delivery that uses information technology to gather patient data outside of healthcare settings or hospitals. There are many benefits of remote patient monitoring (RPM) for clinicians including ease of access to patient data and the ability to offer higher-quality care to more patients with a lower amount of risk. Remote patient monitoring (RPM) uses digital tools to gather medical data from patients and passes that fact to health care professionals in a different location for assessment and recommendations. RPM Technology was established in 1950 when neurological exams initiated being electronically transmitted for physician consultation. Remote patient monitoring industry allows healthcare providers to collect and track a patient’s medical data including weight, activity, blood pressure, heart rate and vital signs.
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Global Remote Patient Monitoring Dynamics: - New advances in digital technologies that enable innovative patient care practices, rising usage of smartphones, surge in geriatric population coupled with high burden of chronic diseases and increasing healthcare cost are some major factors contributed to an increasing demand of global remote patient monitoring industry. Globally, healthcare providers have started implementing new technology that enables remote patient monitoring to better track and treat patients throughout the treatment. 92 % of Americans have cell phones and 45 percent have access to a tablet computing device. Additionally, in 2015 over 50% of its 110 million patient interactions were e-visit through smartphones, kiosks, videoconferencing and other modalities.
In the COVID-19 pandemic, remote patient monitoring are more important than ever because they enable physicians to monitor patients without having to come into contact with them, thus preventing the spread of the novel coronavirus. Research has shown RPM can reduce systolic blood pressure (SBP) and diastolic blood pressure (DBP) significantly compared to usual care and self-monitoring.
Mobile enabled remote patient monitoring (mRPM):- Mobile enabled remote patient monitoring is gaining a huge attention from physicians and is expected to acquire major share during the forecast period, as they are now implementing mobile-enabled remote patient monitoring (mRPM), a technology which is more efficient and cost effective compared to standard telephonic RPM. Most importantly, mRPM doesn’t require the patient to learn a new device specifications or specialized equipment because smartphones and mobile devices are already used on a large basis. While the primary goals of an mRPM plan are relevant patient reported data capture and revenue generation and it yields enhanced patient engagement. All these factors are enhancing the growth of remote patient monitoring industry
Top Trends Shaping the Future of Remote Patient Monitoring:
Value-based and patient-centric care is the most important remote patient monitoring trends these days. The healthcare industry is moving to value-based care with the increased focus on shifting from financial incentives to a healthcare model where providers are rewarded based on how their patients fare rather than by the number of visits or procedures performed. For example; around 85% of health systems and hospitals have invested or planning to invest in remote patient monitoring technology to maintenance their organizational transitions to value-based care. Remote patient monitoring (RPM) technology can significantly contribute to the success of value-based care. It includes the remote collection of patient data such as via Bluetooth enabled glucose meters or blood pressure monitors that are connected to an app, which transmits the medical data to healthcare professionals. Remote patient monitoring transitions to value based care is dramatically increasing by supporting high risk chronically ill patients who are at a risk for hospital admission. With more than 132 million Americans representing 45 % of the US population have at least 1 chronic disease and these chronic diseases kill over 1.7 million Americans every year.
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Healthcare big data is another key remote patient monitoring trend. Big data is already posing a positive impact on the healthcare industry in the fields of oncology, neurology, cardiology, and other specialties with more personalized therapies with diagnostic tools. Patient specific data is increasingly available via new generation of devices and applications that collect important data through wearable devices and smartphones. Big data enables healthcare professionals to accumulate and analyze large volume of new data that will open up new extents for research and treatment opportunities. Again, remote monitoring systems can help collect this information and play a key role in advancing analysis of this healthcare associated Big Data, which is enhancing the growth of remote patient monitoring industry.
IoT will enable patients and healthcare providers to work together for more effective chronic disease management with open communication. By combining IoT features into medical devices, it can improve the quality and effectiveness of healthcare bringing high value care for the elderly patients who are suffering from chronic conditions and those requiring constant supervision. In recent years, there is a growing popularity in IoT driven healthcare services and wearable medical devices that integrate sensors, actuators and other mobile communications methods allowing patient data to be continuously monitored and transmitted through cloud based platforms. These devices can send immediate alert doctors and nurses of important changes in case of medical emergency. All these remote patient monitoring trends will spur the growth of internet of things (IoT) devices.
Wearable medical technology advances is a next generation remote patient monitoring trends. With the advancements in wireless technology wearable devices can be used to remotely monitor a patient's physiological factors. During a coronavirus pandemic, remote monitoring medical devices have become the most vital component of healthcare. Wearable devices and sensors deliver a better potential in the collection of data and insights to improve overall therapy. It also enables the collection of objective measures of intervention effects both in clinic and in remote free clinical settings. Pharmaceutical companies can improve clinical trials and drug discovery through remote patient monitoring (RPM) by incorporating patient data with the wearable devices. Moreover, many of today’s RPM devices integrated in a comfortable wearable patch format and include medical sensors and algorithms to enhance the accuracy and availability of data for clinical use.
Regional & Country Analysis
North America, U.S., Mexico, Canada , Europe, UK, France, Germany, Italy , Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of Middle East and Africa
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About us: Brandessence Market Research and Consulting Pvt. ltd.
Brandessence market research publishes market research reports & business insights produced by highly qualified and experienced industry analysts. Our research reports are available in a wide range of industry verticals including aviation, food & beverage, healthcare, ICT, Construction, Chemicals and lot more. Brand Essence Market Research report will be best fit for senior executives, business development managers, marketing managers, consultants, CEOs, CIOs, COOs, and Directors, governments, agencies, organizations and Ph.D. Students. We have a delivery center in Pune, India and our sales office is in London.
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=By AdminTeam | 13 Jul 2020
Continue ReadingCollision Avoidance Sensors Market is valued at USD 4.90 Billion in 2018 and expected to reach USD 18.8 Billion by 2025 with the CAGR of 21.2% over the forecast period.
Growing demand for vehicle security by consumers and government vehicle safety regulatory agencies is also expected to drive the growth of the collision avoidance sensors market.
Collision avoidance sensors (CAS) are detecting an object in the path of a moving vehicle so the human operator or the vehicle’s automated system can take act to avoid a collision. The most common automobile application is a reverse sensor that alerts drivers to problems in their path when backing up. Collision avoidance sensors are also common in automated directed vehicles in factories and warehouses. Collision sensors are usually mounted on the front and rear of the vehicle. Once an object is detected, the sensor triggers an audio or visual alarm, or may activate the vehicle’s brakes. For example, CAS, also known as precrash system, forward collision warning system, or collision mitigating system, uses radar or other sensors to detect an imminent crash and then provides a warning to the driver or takes braking/steering action directly.
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Global Collision Avoidance Sensors market report is segmented on the basis of type and application. Based upon type Collision Avoidance Sensors is classified into LiDAR, Ultrasound, Camera and Radar. Based upon application Collision Avoidance Sensors is classified into Forward Collision Warning System (FCWS), Parking Assistance, Lane Departure Warning System (LDWS), Blind Spot Detection (BDS), Adaptive Cruise Control and Others.
The regions covered in this global Collision Avoidance Sensors market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level market of Collision Avoidance Sensors is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Collision Avoidance Sensors Manufacturers- Global Collision Avoidance Sensors market Report covers prominent players are, Delphi Automotive, Bosch, Denso Corporation, TRW automotive , Continental AG , Others.
Growing demand for vehicle security by consumers and government vehicle safety regulatory agencies is also expected to drive the growth of the collision avoidance sensors market.- Rising demand for vehicle security by consumers and government vehicle safety regulatory agencies is expected to drive the growth of the collision avoidance sensors market. Installation of collision avoidance systems allows vehicles to perform autonomous and semi-autonomous decision-making. Demand for forward collision warning system is rising due to the increasing concern of society toward safety and forward collision system comes by default in the autonomous vehicles. Increasing number of severe accidents had elevated the need of a system to avoid collisions. The collision avoidance system is helpful to avoid imminent collisions amongst objects such as automobiles, aircrafts, railways, marine and others. According to World health Organization, Approximately 1.35 million people die each year as a result of road traffic crashes. The 2030 Agenda for Sustainable Development has set an ambitious target of halving the global number of deaths and injuries from road traffic crashes by 2020. In addition, increasing government regulations related to driver safety such as deployment of advanced sensors in vehicles to avoid accidents, assist during parking, and help during critical weather conditions is increasing its demand from automobile sector, which is expected to increase growth of the global collision avoidance sensors market. However, high installation cost of sensors is a major factor hampering growth of the global collision avoidance sensors market. Technological advancements and increasing R&D activities and development of cost effective sensor systems are expected to create new opportunities in terms of revenue to players operating in the global collision avoidance sensors market over the forecast period.
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North America is dominating the Collision Avoidance Sensors Market- North America is expected to dominate the growth of Collision Avoidance Sensors Market. In North America, the collision avoidance sensors market is propelled by increasing sales of Advanced Driver Assistance Systems (ADAS) such as blind spot detection, forward collision warning, adaptive cruise control, lane departure warning, and parking assistance system. Vehicles with parking assistance systems use a combination of vision-based and ultrasound anti-collision sensors. According to Self-Driving Car Statistics and Facts, the American government is willing to invest a whopping USD4 billion to make driverless cars a reality. According to United state department of transportation, in 2017, 37,133 people died in motor vehicle crashes. New driver assistance technologies hold the potential to reduce the number of crashes and save thousands of lives a year. Europe is second largest region for the growth of Collision Avoidance Sensors Market, due to integration of anti-collision systems in mass-market vehicles and updated safety ratings of agencies are expected to fuel market growth over the next few years.
Global Collision Avoidance Sensors Market Segmentation –
By Type: LiDAR, Ultrasound, Camera, Radar
By Application: Forward Collision Warning System (FCWS), Parking Assistance, Lane Departure Warning System (LDWS), Blind Spot Detection (BDS), Adaptive Cruise Control, Others
Regional & Country Analysis
North America, U.S., Mexico, Canada , Europe, UK, France, Germany, Italy , Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of Middle East and Africa
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About us: Brandessence Market Research and Consulting Pvt. ltd.
Brandessence market research publishes market research reports & business insights produced by highly qualified and experienced industry analysts. Our research reports are available in a wide range of industry verticals including aviation, food & beverage, healthcare, ICT, Construction, Chemicals and lot more. Brand Essence Market Research report will be best fit for senior executives, business development managers, marketing managers, consultants, CEOs, CIOs, COOs, and Directors, governments, agencies, organizations and Ph.D. Students. We have a delivery center in Pune, India and our sales office is in London.
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=By AdminTeam | 13 Jul 2020
Continue ReadingDigital Pathology Market is valued at USD 4573.5 Million in 2018 and expected to reach USD 6392.6 Million by 2025 with a CAGR of 4.9% over the forecast period.
Digital pathology means sharing and interpretation of information environment which is based on images and it is enabled by computer technology that allows for the management of information which is generated from a digital slide. It is enabled in part by virtual microscopy which is the process of converting glass slides into digital slides that can be viewed, managed, shared and analyzed on a computer monitor. Digital pathology is considered as an emerging technology, which aids in improvisation of various applications such as diagnosis of the diseases, drug discovery, academics and research. It involves the use of digital tools and solutions for automation of pathology processes and lab testing. Growing prevalence of cancer and chronic diseases, increasing demand for rapid pathological tests and automation of healthcare system are some of the major factors that driving the growth of global digital pathology market. Digital pathology conveniently improves efficiency of workflow and deliver faster and accurate test results as compared to the other traditional methods.
Global Digital Pathology Market report is segmented on the basis of product, type, end-user and region & country level. Based upon product, global digital pathology market is segmented into whole slide imagining, information management system storage and communication, digital IVD device, image analysis informatics and others. Based on type, the digital pathology market is segmented into automated hematology analyzers & blood cell counters, immunohistochemistry image analysis applications, digital cytopathology, digital holographic microscopy, chromosome analyzers, fish enumeration systems, digital PCR, urine sediment analyzers and signet cell detection. Based on end-user, the digital pathology market is segmented into pharma & biotech companies, educational and clinical.
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The regions covered in this Global Digital Pathology Market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, the market of digital pathology is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, Middle East Asia (UAE, Saudi Arabia, Egypt) GCC, Africa, etc
Key Players - Danaher Corporation, Nikon Corporation, PerkinElmer, Inc., Ventana Medical Systems, 3DHISTECH, HCL Technologies, Pathology Devices, Inc., Pixcelldata Ltd., Hamamatsu Photonics K.K., Indica Labs, Inc., Koninklijke Philips N.V., and Visiopharm A/S., Leica Biosystems, Biogeniux, OptraSCAN, Pathcore, Digipath Inc., Glencoe Software, Inc., Sectrae and others.
Increasing Technological Advancements in the Field of Digital Pathology Systems is the Major Factor Driving the Market Growth.
Major factors driving the growth of digital pathology market are increasing technological advancements in the field of digital imaging, computerization, robotic light microscopy, and multiple fiber optic communications are also contributing to the growth. In addition, increasing prevalence of cancer, and growing government initiatives are also supplementing the market growth. Furthermore, Growing awareness regarding the benefits of the use of digital pathology is also expected to foster the growth of digital pathology market within the forecast period. However, high cost of the systems may hamper the market growth. In spite of that, increasing adoption of telepathology globally can provide numerous opportunities for the further growth of the market.
North America is Expected to Dominate the Global Digital Pathology Market.
Geographically, the report shows the opportunities available in the global digital pathology market in the regions of North America, Latin America, Asia Pacific, Europe, and the Middle East and Africa. North America is expected to capture the largest share of this market within the forecast period owing to the shortage of pathologists, rise in awareness about healthcare IT applications, and easy usage of the systems in this region. Europe is expected to account for the second-largest share of the global digital pathology market over the forecast period. The market in Asia Pacific is also anticipated to expand rapidly with high CAGR more during the forecast period due to the rise in prevalence of cancer and government initiatives in this region.
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Market Segmentation:-
By Product: Whole Slide Imagining, Information Management System Storage and Communication, Digital IVD Device, Image Analysis Informatics, Others
By Type: Automated Hematology Analyzers & Blood Cell Counters, Immunohistochemistry Image Analysis Applications, Digital Cytopathology, Digital Holographic Microscopy, Chromosome Analyzers, Fish Enumeration Systems, Digital PCR, Urine Sediment Analyzers,
Signet Cell Detection
By End- User: Pharma & Biotech Companies, Educational, Clinical
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About us: Brandessence Market Research and Consulting Pvt. ltd.
Brandessence market research publishes market research reports & business insights produced by highly qualified and experienced industry analysts. Our research reports are available in a wide range of industry verticals including aviation, food & beverage, healthcare, ICT, Construction, Chemicals and lot more. Brand Essence Market Research report will be best fit for senior executives, business development managers, marketing managers, consultants, CEOs, CIOs, COOs, and Directors, governments, agencies, organizations and Ph.D. Students. We have a delivery center in Pune, India and our sales office is in London.
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=By AdminTeam | 13 Jul 2020
Continue ReadingDeep Brain Stimulation Market is expected to reach USD 1481.39 Million by 2025 with the CAGE of 8.50% over the forecast period.
Deep Brain Stimulation Market Increasing geriatric population and rising prevalence of brain related diseases coupled with technological advancement are some of the key drivers responsible for the growth of Deep Brain Stimulation Market.
Scope of Global Deep Brain Stimulation Market Reports – Deep brain stimulation involves using a pacemaker-like device called “neurostimulator” to deliver constant electrical stimulation to problematic areas within the brain. It is widely used to treat a number of neurological and psychiatric conditions, such as Parkinson’s disease, dystonia, essential tremor epilepsy, Tourette syndrome, chronic pain, obsessive compulsive disorder and others. It has been used to treat over more than 40,000 people with Parkinson’s disease and essential tremor worldwide. So during the study of global Deep Brain Stimulation market, we have considered deep brain stimulation devices and consumables to analyze the market.
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Global Deep Brain Stimulation market report is segmented on the basis of DBS type, application type, end user type and by regional & country level. Based upon DBS type, global Deep Brain Stimulation market is classified as Thalamus, Sub-thalamus Nucleus (STN), Pedunculopontine Nucleus (PPN) and Globus Pallidus (GPi). Based upon application type, global Deep Brain Stimulation market is classified as Parkinson’s disease, dystonia, essential tremor epilepsy, Tourette syndrome, chronic pain, obsessive compulsive disorders and others. Based on end user type the Global Deep Stimulation market is classified as Hospitals and Ambulatory Surgical Centers (ASCs)
The regions covered in this Deep Brain Stimulation market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Deep Brain Stimulation is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Key Players for Global Deep Brain Stimulation Market Reports – Global Deep Brain Stimulation market reports covers prominent players are Medtronic Plc, St. Jude Medical Inc., Boston Scientific Corporation, Abbott Laboratories, Aleva Neurotherapeutics, Soterix Medical Inc., Bioinduction Ltd., and SceneRay Corporation and others.
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Global Deep Brain Stimulation Market Dynamics – According to the statistics of Parkinson’s Association of Carolinas, it is estimated that around more than 10 million people worldwide are suffering from Parkinson’s disease. Therefore, higher incidences of Parkinson’s disease and other neurological disorders as a result of growing geriatric population is the prime driving factor for the fast-developing global deep brain stimulation devices market. Moreover, increasing investment in research & development from medical device manufacturers are continuously responsible for the growth of global Deep Brain Stimulation market. However, increased risk to post surgery infections and battery life of the devices can affect the growth of Global Deep Brain Stimulation Market. Nonetheless, untapped market and technological advancement in functionality of these devices may generate new opportunities in forecast period.
Market Segmentation
By Structure Type
Thalamus, Sub-thalamus Nucleus (STN), Pedunculopontine Nucleus (PPN), Globus Pallidus (GPi)
By Application Type
Parkinson’s Disease, Dystonia, Essential Tremor, Epilepsy, Tourette Syndrome, Chronic Pain, Obsessive Compulsive Disorders (OCDs), Others
By End User
Hospitals, Ambulatory Surgical Centers, Others
By Region:
North America (US., Canada), Europe (UK., France, Germany, Italy), Asia Pacific (China, Japan, India, Southeast Asia), Latin America (Brazil, Mexico), Middle East and Africa (GCC, Africa, Rest of Middle East and Africa)
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About us: Brandessence Market Research and Consulting Pvt. ltd.
Brandessence market research publishes market research reports & business insights produced by highly qualified and experienced industry analysts. Our research reports are available in a wide range of industry verticals including aviation, food & beverage, healthcare, ICT, Construction, Chemicals and lot more. Brand Essence Market Research report will be best fit for senior executives, business development managers, marketing managers, consultants, CEOs, CIOs, COOs, and Directors, governments, agencies, organizations and Ph.D. Students. We have a delivery center in Pune, India and our sales office is in London.
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=By AdminTeam | 24 Apr 2020
Continue ReadingTelehealth Market is expected to reach USD 22.92 billion by 2025 with a CAGR of 18.43% over the forecast period.
Telehealth Market rapid growth in smartphone usage and increasing demand of chronic diseases management are key drivers for Global Telehealth Market.
Scope of Telehealth Market Reports – Telehealth is the remote exchange of data between a patient at home and their clinician(s) to assist in diagnosis and monitoring typically used to support patients with long term conditions. It works by monitoring vital signs like blood pressure and then transmitting the data to a telehealth monitoring center or a health care professional via a telephone line or broadband. The data is then monitored against parameters set by the individual’s clinician. Since the early 1990s, the telehealth network has helped connect patients to health care providers from their own homes. Increasing technology has made the service more efficient, with live audio and video sessions enhancing virtual health care. So, during the study of Global Telehealth market, we have considered Telehealth revenue to analyze the market.
Global Telehealth Market report is segmented on the basis of Component type, Delivery Model Type, End User type and by regional & country level. Based on Component type global Telehealth Market is classified Hardware, Software and Service. Based upon Delivery Model, global Telehealth Market is classified as Real time, Store and forward, Remote Patient Monitoring and mHealth. Based upon End User type, global Telehealth Market is classified as B2B and B2C.
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The regions covered in this Telehealth Market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Telehealth is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Key Players for Global Telehealth Market Reports- Global Telehealth market report covers prominent players like Polycom, Life Care Solutions, Siemens Healthcare, Robert Bosch Healthcare, Eladoc Inc., American Well, BioTelemetry, Inc., Medtronic, Aerotel Medical Systems Ltd., InTouch Technologies, Inc., Honeywell International, Inc., GE Healthcare, and AMD Global Telemedicine, Inc., Cerner Corporation, McKesson Corporation, Medtronic Inc., InstaMD, The Medvivo Group, Philips Healthcare, USARAD Holdings Inc., Robert Bosch Healthcare, Vitaphone GmbH, Cisco Systems Inc., SnapMD Inc., Tunstall Healthcare and others.
Global Telehealth Market Dynamics – Surge in demand for self-care devices/solutions such as mHealth and remote monitoring are expected to fuel the growth of the market dearth of healthcare professionals worldwide, improvements in telecommunication infrastructure, increasing utilization of connected devices for the management of chronic diseases. Telehealth systems are emerging in response to increased prevalence of chronic diseases, increased healthcare needs, new wireless technologies, better video and monitoring technologies, decreasing healthcare resources, an emphasis on reducing hospital days, and growing confidence in cost-effectiveness. However, lack of technological awareness among the ageing population and data security are the major restrains of the Global Telehealth Market. Nonetheless, untapped market and technological advancements may generate new opportunities in forecast period.
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Market Segmentation
By Component
Hardware, Software, Services
By Delivery Model
Real Time, Store and Forward, Remote Patient Monitoring, mHealth
By End User
B2B, Providers, Payers, Employers, B2C, Patients, Caregivers
By Region:
North America (US., Canada), Europe (UK., France, Germany, Italy), Asia Pacific (China, Japan, India, Southeast Asia), Latin America (Brazil, Mexico), Middle East and Africa (GCC, Africa, Rest of Middle East and Africa)
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About us: Brandessence Market Research and Consulting Pvt. ltd.
Brandessence market research publishes market research reports & business insights produced by highly qualified and experienced industry analysts. Our research reports are available in a wide range of industry verticals including aviation, food & beverage, healthcare, ICT, Construction, Chemicals and lot more. Brand Essence Market Research report will be best fit for senior executives, business development managers, marketing managers, consultants, CEOs, CIOs, COOs, and Directors, governments, agencies, organizations and Ph.D. Students. We have a delivery center in Pune, India and our sales office is in London.
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=By AdminTeam | 24 Apr 2020
Continue Reading