Remote Healthcare Market – Global Industry Analysis and Forecast (2022-2027) by Service, End-user and Region

Remote Healthcare Market is anticipated to reach US$ 18.14 Bn by 2027 from US$ 7.14 Bn in 2021 at a CAGR of 16.81% during a forecast period.

Remote Healthcare Market Overview

Remote healthcare is a type of telemedicine that allows for continuous monitoring of a patient's status. It also aids in assessing the performance of healthcare check-ups from remote locations using cellphones and iPhones. Furthermore, remote healthcare operations include real-time monitoring of patients from remote places as well as timely invasions. It is often used by BioPharma companies to identify and engage with participants to boost results. Remote Healthcare Market To know about the Research Methodology:- Request Free Sample Report The report has covered the market trends from 2015 to forecast the market through 2027. 2019 is considered a base year however 2020’s numbers are on the real output of the companies in the market. Special attention is given to 2020 and the effect of lockdown on the demand and supply, and also the impact of lockdown for the next two years on the market. Some companies have done well in lockdown also and specific strategic analysis of those companies is done in the report.

Remote Healthcare Market Dynamics

The remote healthcare market is increasing due to rising demand for health call centers, emergency toll-free telephone services, emergency and disaster management, mobile patient records, and increased need for health services, all of which are fueled by technological advancements. The rising prevalence of chronic diseases such as heart disease, high blood pressure, and diabetes are expected to drive the growth of the market during the forecast period. Similarly, the remote healthcare market is also being driven by rising awareness of remote healthcare following the COVID-19 epidemic and the increased use of remote healthcare for real-time health checkups and remote monitoring solutions. Global Remote Healthcare Market In addition, large-scale investment in healthcare IT by government organizations and commercial businesses is expected to fuel the growth of the remote healthcare market. Suppliers are likely to offer new products in the worldwide market as demand for next-generation medical equipment such as ECG monitors, sleep monitors, and other remote patient monitoring devices grows. Smartwatches, fit bits, and other wearable gadgets that track everyday activities are expected to drive demand in the global remote healthcare market. These devices are designed to monitor heart and other physical health issues as well as track daily health activities. Thus, over the forecast period, the introduction of advanced devices is likely to propel the remote healthcare market ahead.

Remote Healthcare Market Segmentation Analysis

By End-user, in 2021, the provider segment dominated the market, accounting for 51.2 percent of total revenue. This is due to hospitals' increasing use of remote healthcare technology to minimize the rising load on healthcare systems. Hospitals generate the greatest income in the market since they supply the majority of telehealth services. They are adopting the usage of telehealth platforms because they provide benefits such as high-tech monitoring without forcing patients to leave their homes. The scarcity of physicians, nurses, and hospital beds, particularly in developing nations, is fueling the demand for remote patient monitoring and real-time health services. Remote Healthcare Market

Remote Healthcare Market Regional Insights

North America dominated the worldwide healthcare market in 2021, accounting for 41% of the total market share, and is expected to grow at a CAGR of 21.34 percent during the forecast period. With the massive spread of the COVID 19 epidemic in the United States, physicians are focused on providing patients with remote healthcare services. Additionally, healthcare service providers in countries such as the United States and Canada strive to improve patient outcomes by providing effective online medical treatment services, which drives regional market trends. Europe held a 28 percent share of the global remote healthcare market in 2021. It is growing at a healthy rate and is expected to grow at a similar rate during the forecast period. The region's biggest revenue sources are the United Kingdom, France, Germany, Italy, Spain, and the Netherlands. The Asia Pacific is expected to be the most profitable market, with the highest growth rate of xx% throughout the forecast period. Awareness programs, collaborations, and R&D funding, among other governmental and private initiatives, are expected to increase the market in the region. To combat the epidemic, the Indonesian government, for example, is enlisting the aid of internet health platforms. To minimize the number of hospital visits, Indonesians are being urged to use telehealth platforms such as real-time virtual health for medical consultations, particularly for mild diseases. in addition, the market is expected to be driven by a shortage of healthcare resources.

Remote Healthcare Market Scope: Inquire before buying

Global Remote Healthcare Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2027
Historical Data: 2017 to 2021 Market Size in 2021: US$ 7.14 Bn.
Forecast Period 2022 to 2027 CAGR: 16.81% Market Size in 2027: US$ 18.14 Bn.
Segments Covered: by Service • Remote Patient Monitoring • Real Time Virtual Health • Tele-ICU
by End-user • Payer • Provider • Patient • Employer Groups & Government Organizations

Remote Healthcare Market by Region

• North America • Asia pacific • Europe • Middle East and Africa • South America

Remote Healthcare Market Key Players:

Advanced ICU Care BioTelemetryTeladoc HealthVivify Health • Koninklijke Philips • AirStrip Technologies • InTouch Technologies • American Well • Resideo Life Care Solutions • AirStrip Technologies • Medtronic Corporation • Babylon • Binah.ai • Biotricity • Biotronik Frequently Asked Questions: 1. Which region has the largest share in Global Remote Healthcare Market? Ans: Asia Pacific region holds the highest share in 2021. 2. What is the growth rate of Global Remote Healthcare Market? Ans: The Global Remote Healthcare Market is growing at a CAGR of 16.81% during forecasting period 2022-2027. 3. What is scope of the Global Remote Healthcare market report? Ans: Global Remote Healthcare Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Remote Healthcare market? Ans: The important key players in the Global Remote Healthcare Market are – Advanced ICU Care, BioTelemetry, Teladoc Health, Vivify Health, Koninklijke Philips, AirStrip Technologies, InTouch Technologies, American Well, Resideo Life Care Solutions, AirStrip Technologies, Medtronic Corporation, Babylon, Binah.ai, Biotricity, and Biotronik. 5. What is the study period of this market? Ans: The Global Remote Healthcare Market is studied from 2021 to 2027.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Remote Healthcare Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2021 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Remote Healthcare Market 3.4. Geographical Snapshot of the Remote Healthcare Market, By Manufacturer share 4. Global Remote Healthcare Market Overview, 2021-2027 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Remote Healthcare Market 5. Supply Side and Demand Side Indicators 6. Global Remote Healthcare Market Analysis and Forecast, 2021-2027 6.1. Global Remote Healthcare Market Size & Y-o-Y Growth Analysis. 7. Global Remote Healthcare Market Analysis and Forecasts, 2021-2027 7.1. Market Size (Value) Estimates & Forecast By Service,2021-2027 7.1.1. Remote Patient Monitoring 7.1.2. Real Time Virtual Health 7.1.3. Tele-ICU 7.2. Market Size (Value) Estimates & Forecast By End-user,2021-2027 7.2.1. Payer 7.2.2. Provider 7.2.3. Patient 7.2.4. Employer Groups & Government Organizations 8. Global Remote Healthcare Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2021-2027 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Remote Healthcare Market Analysis and Forecasts, 2021-2027 9.1. Market Size (Value) Estimates & Forecast By Service,2021-2027 9.1.1. Remote Patient Monitoring 9.1.2. Real Time Virtual Health 9.1.3. Tele-ICU 9.2. Market Size (Value) Estimates & Forecast By End-user,2021-2027 9.2.1. Payer 9.2.2. Provider 9.2.3. Patient 9.2.4. Employer Groups & Government Organizations 10. North America Remote Healthcare Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2021-2027 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Remote Healthcare Market Analysis and Forecasts, 2021-2027 11.1. Market Size (Value) Estimates & Forecast By Service,2021-2027 11.2. Market Size (Value) Estimates & Forecast By End-user,2021-2027 12. Canada Remote Healthcare Market Analysis and Forecasts, 2021-2027 12.1. Market Size (Value) Estimates & Forecast By Service,2021-2027 12.2. Market Size (Value) Estimates & Forecast By End-user,2021-2027 13. Mexico Remote Healthcare Market Analysis and Forecasts, 2021-2027 13.1. Market Size (Value) Estimates & Forecast By Service,2021-2027 13.2. Market Size (Value) Estimates & Forecast By End-user,2021-2027 14. Europe Remote Healthcare Market Analysis and Forecasts, 2021-2027 14.1. Market Size (Value) Estimates & Forecast By Service,2021-2027 14.2. Market Size (Value) Estimates & Forecast By End-user,2021-2027 15. Europe Remote Healthcare Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2021-2027 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Remote Healthcare Market Analysis and Forecasts, 2021-2027 16.1. Market Size (Value) Estimates & Forecast By Service,2021-2027 16.2. Market Size (Value) Estimates & Forecast By End-user,2021-2027 17. France Remote Healthcare Market Analysis and Forecasts, 2021-2027 17.1. Market Size (Value) Estimates & Forecast By Service,2021-2027 17.2. Market Size (Value) Estimates & Forecast By End-user,2021-2027 18. Germany Remote Healthcare Market Analysis and Forecasts, 2021-2027 18.1. Market Size (Value) Estimates & Forecast By Service,2021-2027 18.2. Market Size (Value) Estimates & Forecast By End-user,2021-2027 19. Italy Remote Healthcare Market Analysis and Forecasts, 2021-2027 19.1. Market Size (Value) Estimates & Forecast By Service,2021-2027 19.2. Market Size (Value) Estimates & Forecast By End-user,2021-2027 20. Spain Remote Healthcare Market Analysis and Forecasts, 2021-2027 20.1. Market Size (Value) Estimates & Forecast By Service,2021-2027 20.2. Market Size (Value) Estimates & Forecast By End-user,2021-2027 21. Sweden Remote Healthcare Market Analysis and Forecasts, 2021-2027 21.1. Market Size (Value) Estimates & Forecast By Service,2021-2027 21.2. Market Size (Value) Estimates & Forecast By End-user,2021-2027 22. CIS Countries Remote Healthcare Market Analysis and Forecasts, 2021-2027 22.1. Market Size (Value) Estimates & Forecast By Service,2021-2027 22.2. Market Size (Value) Estimates & Forecast By End-user,2021-2027 23. Rest of Europe Remote Healthcare Market Analysis and Forecasts, 2021-2027 23.1. Market Size (Value) Estimates & Forecast By Service,2021-2027 23.2. Market Size (Value) Estimates & Forecast By End-user,2021-2027 24. Asia Pacific Remote Healthcare Market Analysis and Forecasts, 2021-2027 24.1. Market Size (Value) Estimates & Forecast By Service,2021-2027 24.2. Market Size (Value) Estimates & Forecast By End-user,2021-2027 25. Asia Pacific Remote Healthcare Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2021-2027 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Remote Healthcare Market Analysis and Forecasts, 2021-2027 26.1. Market Size (Value) Estimates & Forecast By Service,2021-2027 26.2. Market Size (Value) Estimates & Forecast By End-user,2021-2027 27. India Remote Healthcare Market Analysis and Forecasts, 2021-2027 27.1. Market Size (Value) Estimates & Forecast By Service,2021-2027 27.2. Market Size (Value) Estimates & Forecast By End-user,2021-2027 28. Japan Remote Healthcare Market Analysis and Forecasts, 2021-2027 28.1. Market Size (Value) Estimates & Forecast By Service,2021-2027 28.2. Market Size (Value) Estimates & Forecast By End-user,2021-2027 29. South Korea Remote Healthcare Market Analysis and Forecasts, 2021-2027 29.1. Market Size (Value) Estimates & Forecast By Service,2021-2027 29.2. Market Size (Value) Estimates & Forecast By End-user,2021-2027 30. Australia Remote Healthcare Market Analysis and Forecasts, 2021-2027 30.1. Market Size (Value) Estimates & Forecast By Service,2021-2027 30.2. Market Size (Value) Estimates & Forecast By End-user,2021-2027 31. ASEAN Remote Healthcare Market Analysis and Forecasts, 2021-2027 31.1. Market Size (Value) Estimates & Forecast By Service,2021-2027 31.2. Market Size (Value) Estimates & Forecast By End-user,2021-2027 32. Rest of Asia Pacific Remote Healthcare Market Analysis and Forecasts, 2021-2027 32.1. Market Size (Value) Estimates & Forecast By Service,2021-2027 32.2. Market Size (Value) Estimates & Forecast By End-user,2021-2027 33. Middle East Africa Remote Healthcare Market Analysis and Forecasts, 2021-2027 33.1. Market Size (Value) Estimates & Forecast By Service,2021-2027 33.2. Market Size (Value) Estimates & Forecast By End-user,2021-2027 34. Middle East Africa Remote Healthcare Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2021-2027 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Remote Healthcare Market Analysis and Forecasts, 2021-2027 35.1. Market Size (Value) Estimates & Forecast By Service,2021-2027 35.2. Market Size (Value) Estimates & Forecast By End-user,2021-2027 36. GCC Countries Remote Healthcare Market Analysis and Forecasts, 2021-2027 36.1. Market Size (Value) Estimates & Forecast By Service,2021-2027 36.2. Market Size (Value) Estimates & Forecast By End-user,2021-2027 37. Egypt Remote Healthcare Market Analysis and Forecasts, 2021-2027 37.1. Market Size (Value) Estimates & Forecast By Service,2021-2027 37.2. Market Size (Value) Estimates & Forecast By End-user,2021-2027 38. Nigeria Remote Healthcare Market Analysis and Forecasts, 2021-2027 38.1. Market Size (Value) Estimates & Forecast By Service,2021-2027 38.2. Market Size (Value) Estimates & Forecast By End-user,2021-2027 39. Rest of ME&A Remote Healthcare Market Analysis and Forecasts, 2021-2027 39.1. Market Size (Value) Estimates & Forecast By Service,2021-2027 39.2. Market Size (Value) Estimates & Forecast By End-user,2021-2027 40. South America Remote Healthcare Market Analysis and Forecasts, 2021-2027 40.1. Market Size (Value) Estimates & Forecast By Service,2021-2027 40.2. Market Size (Value) Estimates & Forecast By End-user,2021-2027 41. South America Remote Healthcare Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2021-2027 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Remote Healthcare Market Analysis and Forecasts, 2021-2027 42.1. Market Size (Value) Estimates & Forecast By Service,2021-2027 42.2. Market Size (Value) Estimates & Forecast By End-user,2021-2027 43. Argentina Remote Healthcare Market Analysis and Forecasts, 2021-2027 43.1. Market Size (Value) Estimates & Forecast By Service,2021-2027 43.2. Market Size (Value) Estimates & Forecast By End-user,2021-2027 44. Rest of South America Remote Healthcare Market Analysis and Forecasts, 2021-2027 44.1. Market Size (Value) Estimates & Forecast By Service,2021-2027 44.2. Market Size (Value) Estimates & Forecast By End-user,2021-2027 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Remote Healthcare Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Applications 45.2.3.2. M&A Key Players, Forward Integration and Backward Integration 45.3. Company Profile: Key Players 45.3.1. BioTelemetry 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.4. Advanced ICU Care 45.5. BioTelemetry 45.6. Koninklijke Philips 45.7. Teladoc Health 45.8. Vivify Health 45.9. AirStrip Technologies 45.10. InTouch Technologies 45.11. American Well 45.12. Resideo Life Care Solutions 45.13. AirStrip Technologies 45.14. Medtronic Corporation 45.15. Babylon 45.16. Binah.ai 45.17. Biotricity 45.18. Biotronik 46. Primary Key Insights

About This Report

Report ID 117091
Category Healthcare
Published Date Aug 2021
Updated Date April 2022
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