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.
Request a
sample copy or view summary of this report@
http://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.
About Us:
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, the
company offers market intelligence studies ensuring relevant and fact-based
research across a range of industries including technology, chemicals,
materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
No comments:
Post a Comment