Telehealth Market to Become Worth US$ 19.5 Bn by 2025

The radiology segment is projected to account for high share of the global telehealth market during the forecast period. The segment is likely to expand at a CAGR of 13.0% from 2017 to 2025. Telehealth technology and services enable knowledge and resource sharing between rural and urban areas in minimum time duration. Moreover, consistent evolution in information and communication technologies, effective image transfer, consultation and reporting, and scarcity of radiologists across the globe are the factors expected to drive the segment from 2017 to 2025. Cardiology is another key application of telehealth and is anticipated to account for 19.0% market share by 2025. Increase in prevalence of cardiovascular diseases such as heart diseases and stroke are the factors likely to drive the segment during the forecast period. According to the World Health Organization, cardiovascular diseases accounted for an estimated 17.7 million deaths in 2015, representing 31% of all global deaths. Of these, an estimated 7.4 million were due to coronary heart disease and 6.7 million were due to stroke.

Obtain Report Details @

https://www.transparencymarketresearch.com/telehealth-market.html

According to the report, the global telehealth market was valued at US$ 6.0 Bn in 2016 and is projected to expand at a CAGR of 13.0% from 2017 to 2025. The report suggests that increase in prevalence of chronic diseases such as diabetes, cardiovascular diseases, and others is anticipated to boost the growth of the telehealth market from 2017 to 2025. North America and Europe are projected to dominate the global telehealth market during the forecast period owing to increase in focus on services for business expansion in these regions. Players are continuously expanding their services and products in North America and Europe. Increase in adoption of technology and rise in demand for self-care devices/solutions is likely to drive the telehealth market in Asia Pacific. The telehealth market in the region is expected to expand at a CAGR of 15.0% from 2017 to 2025.

Request for Sample Copy of Report @

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=41591

The telehealth market can also be expected to draw a large share of revenue owing to factors like effective image transfer, consistent evolution in communication and information technologies, and reporting and consultation. Adding to that, the scarce population of radiologists present around the world may also add to the increase in the overall growth of the telehealth market globally.

The global telehealth market is anticipated to expand at a CAGR of 13.0% within the forecast period of 2017 to 2025. Previously the market was valued at US$ 6.0 bn as of the 2016 records. The rising number of chronic diseases and their concern is presumed to expand the growth of the global telehealth market during the forecast period.

Request Report Brochure @

https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=41591

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Contact Us

Transparency Market Research

State Tower,

90 State Street, Suite 700

Albany, NY 12207

United States

Tel: +1-518-618-1030

USA - Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

Website: www.transparencymarketresearch.com

My name is Pragya Tripathi and I work with the Digital Marketing and Editorial team of Transparency Market Research, a market intelligence firms based in India & Usa.