Healthcare tele-consultation services refer to the need for a healthcare professional to consult with a patient via various channels of communication. Through an audio-visual communication setup, a patient suffering from an unusual sickness or chronic ailment consults with a health care specialist. Virtual consultation and diagnosis of a patient's condition are included in teleconsultation services. Tele-consultation has resulted in more accessible health care for patients in general disease and emergencies, as well as lower overall health-care expenses. The tele-consultation can be through video calls, audio calls and others.
MARKET SCOPE
The "Global Healthcare Tele-Consultation Services Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the healthcare tele-consultation services market with detailed market segmentation by product and application. The report provides key statistics on the market status of the leading healthcare tele-consultation services market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on product the market is segmented as, voice calls, video calls and kiosks.
- Based on application the market is segmented as, hospitals, clinic and others.
MARKET DYNAMICS
Drivers:
- Increasing prevalence of chronic disorders is one of the key driving factor for the market growth.
- Rising demand for online consultation and tele-consultation owing to its benefits such as, it reduces overall healthcare cost, provides direct exposure with healthcare providers, accurate diagnosis etc.
- Various government support and initiatives along with developments in telecommunication sector.
- Increasing geriatric population across the globe.
Restraints:
- However, regulatory variations among regions, lack of healthcare infrastructure in emerging nations, high cost of services are all likley to hamper market growth.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The healthcare tele-consultation services market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the healthcare tele-consultation services market in these regions.
IMPACT OF COVID-19 ON HEALTHCARE TELE-CONSULTATION SERVICES MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the healthcare tele-consultation services market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from healthcare tele-consultation services market are anticipated to lucrative growth opportunities in the future with the rising demand for healthcare tele-consultation services in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the healthcare tele-consultation services market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- MDLIVE Inc.
- CareClix, Inc
- Teladoc Health, Inc.
- HealthTap, Inc.
- iCliniq
- American Well
- SteadyMD Inc.
- CVS Health
- Synapse Medicine
- SnapMD, Inc