Telehealth Market Rising Growth, Emerging Scope, Estimated Forecast to 2027
                     Telehealth Market To Reach USD 
75.51 Billion by 2027 | 
Medtronic, GE Healthcare, 
Cerner Corporation, Cisco 
Systems
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       Market  Summary
Government initiatives for launching the telehealth 
sector in rural areas, increased demand for the 
cloud-based segment, and wireless technology are 
key factors contributing to the growth of the 
market.
Market Size – USD 21.73 Billion in 2019, Market 
Growth - CAGR of 16.8%, Market Trends – Surge in 
remote patient monitoring systems.
            M  a Orkuetr  S Aumpmparroyach
The global Telehealth market is forecast to reach USD 75.51 Billion by 2027, according to a new report by Reports 
and Data. The market has witnessed an increase in demand in the past few years owing to the growing penetration 
of the internet and the emergence of advanced technologies in the healthcare sector. Digital health has developed 
into a successful business, attracting several industries from the outside of healthcare.
According to the 2018 survey, a quarter of US consumers had gone for the telehealth visit. Virtual communication is 
developed between the doctor and the patient. The increased prevalence of chronic diseases in rural areas, 
increasing healthcare expenditure, the favorable government initiatives, cost-effective, the advent of artificial 
intelligence, and wireless technology are the key factors responsible for the telehealth industry to maintain a 
steady position in the market.
Telehealth utilizes digital information and telecommunications (smartphones, computers) to access in distant areas, 
and regular updates about the patient’s health are taken care of. 35% of the healthcare departments control more 
than 50% of the data in the cloud. Cloud computing in telehealth is useful in the reduction of operational expenses, 
and the ease of interoperability services is optimal. Telehealth is being used in Atrium Health, where virtual 
respiratory therapists deliver critical health care services in a hospital located in remote areas.
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       M   a r kOeut  Sru Ampmparyoach
Further key findings from the report suggest
• The success of IoT in healthcare can be attributed to speedy, error-free transmission of data across 
devices. As of 2018, 3.7 million medical devices were connected to the internet. Better high-speed 
internet access, government initiatives for technological advancement, and effective government 
policies have helped fuel growth. In 2018, the number of internet users around the world reached 
4.1 billion, and the fixed average download speed increased by 26.4%.
• Telemedicine is projected to witness significant growth during the forecasted period. The 
integration of IoT in the healthcare sector has enhanced telemedicine by helping providers to offer 
a quality of care, which is better than many in-person treatment modalities. Increasing adoption of 
smart wearables coupled with advancements in telemedicine technology is anticipated to drive 
demand.
• There is increased adoption of cloud-based telehealth technologies. It removes the issues of 
maintaining a Local Area Network and its cost-efficient as well. The cloud-based mode of delivery is 
forecasted to grow with a CAGR of 17.0% over the forecast period. 
To identify the key trends in the industry, click on the link below @ 
https://www.reportsanddata.com/report-detail/telehealth-market
       M   a r kOeut  Sru Ampmparyoach
Key participants :  Medtronic, GE Healthcare, Cerner Corporation, Cisco Systems, Siemens Healthineers 
AG, American Well, Asahi Kasei Corporation, Iron Bow Technologies, Teladoc Health, and MDLive, among 
others.
For the purpose of this report, Reports and Data have segmented the global Telehealth market on the 
basis of product, end-user, mode of delivery, and region:
Product Outlook (Revenue, USD Billion; 2017-2027)
Service
Hardware
Software
        M  a  rOkeut  rSu Ampmparyoach
End-User Outlook (Revenue, USD Billion; 2017-2027)
Patients
Payers
Healthcare Providers
Mode of Delivery Outlook (Revenue, USD Billion; 2017-2027)
Cloud-based
On-Premises
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About Us
   A  b  oOuutr U Aspproach
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