Global Smart Telehealth Market worth USD 12.29 Billion by 2024

Global Smart Telehealth Market worth USD 12.29 Billion by 2024

Pune, India, April 03, 2019 -- /360iResearch/ -- The report "Global Smart Telehealth Market - Premium Insight, Industry Trends, FPNV Positioning Matrix, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2024 (Q1 2019 Update)", published by 360iResearch, states that the global market was valued at USD 3.22 billion in 2017 and is projected to reach USD 12.29 billion by 2024, growing at a CAGR of 21.09% from 2017 to 2024.

The major forces driving the growth of the smart telehealth market include the increasing use of connected devices for delivering mhealth and ehealth and enabling remote connectivity of patient and healthcare professionals worldwide. Moreover, increase in healthcare data breaches and cyber attacks enforcement of regulatory requirements and government norms and improvements in ict infrastructure are also some of the factors that are driving the market growth. However loosely defined telehealth standards and limited awareness, and dealing with privacy and security issues may hinder the market growth. In the middle of difficulty lies opportunity such as the next-generation integrated telehealth solutions, and automation and ai improve healthcare solutions. The possible challenges for the market growth are resistance from traditional healthcare providers, and connectivity issues in underdeveloped and developing countries. But key players in the market are overcoming the challenges with continual improvement and innovation.

Based on component, the global smart telehealth market is studied across Hardware, Services, and Software. Based on end user, the global smart telehealth market is studied across Healthcare Providers, Patients, and Payers. Based on deployment, the global smart telehealth market is studied across On Cloud, and On-Premises. Based on geography, the global smart telehealth market is studied across Americas, Europe, Middle East & Africa, and Asia-Pacific.

The report features a competitive scenario of the smart telehealth market and provides inclusive analysis of key growth strategies adopted by major players. Key company profiled in the study are AMD Global Telemedicine, Inc., Aerotel Medical Systems Ltd., American Well, Care Innovations, Cerner Corporation, Cisco Systems, Inc., Globalmedia Group, LLC, Honeywell Life Care Solutions, Intouch Health, Medtronic PLC, Medvivo Group Ltd., Philips Healthcare, Tunstall Healthcare, and Vidyo, Inc..

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