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Telehealth Market Worth $6.5 Billion by 2020DALLAS, June 26, 2015 /PRNewswire/ -- According to a new market research "Telehealth Market by Component (Hardware (Blood Glucose Meters), Software (Integrated), Services (Remote Monitoring, Real-time Interactions)), by End User (Providers, Patients), by Delivery Mode (On Premise, Web, & Cloud)) - Trends & Global Forecast to 2020", published by MarketsandMarkets, this report studies the global Telehealth Market over the forecast period of 2015 to 2020 This market was valued at $2.2 Billion in 2015 and is poised to grow at a CAGR of 24.2% to reach $6.5 Billion by 2020. Browse 84 market Tables and 42 Figures spread through 196 Pages and an in-depth TOC on "Telehealth Market" http://www.marketsandmarkets.com/Market-Reports/telehealth-market-201868927.html Early buyers will receive 10% customization on this report. The market is segmented on the basis of component, delivery mode, end user, and region. The market, by component, is divided into hardware, software, and services. Based on delivery mode, the market is categorized into web-based, on-premise, and cloud-based. The market by end user is categorized into providers, payers, patients, and others. Based on region, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World (Middle East & Africa, and Latin America). Inquiry before Buying: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=201868927 The major factors driving the growth of the Telehealth Market are the rise in the aging and chronically ill population, the shortage of physicians in the U.S., uneven physician distribution worldwide, improvementin telecommunication infrastructure, technological advancements, rising healthcare costs, and awareness on the benefits of tele-health. However, certain barriers, such as limited reimbursement in the U.S. and legality, privacy, and security concerns worldwide, are restraining the growth of this market. In 2015, the North American market is expected to command the largest share of the global market, followed by Europe and Asia-Pacific. Asia-Pacific is the fastest-growing region in this market. The rapidly growing healthcare industry in India, increasing number of HCIT programs, the rising prevalence of chronic diseases in Australia, and increasing funding for telehealth in Australia will drive the growth of this market in Asia. Major players in the TelehealthMarket include Cerner Corporation (U.S.), GE Healthcare (U.K.), Honeywell Life Care Solutions (U.S.), McKesson Corporation (U.S.), Medtronic, Inc. (U.S.), the Medvivo Group (U.K.), Philips Healthcare (Netherlands), Robert Bosch Healthcare (U.S.), Siemens Healthcare (Germany), Cisco Systems, Inc. (U.S.), and Tunstall Healthcare (U.K.). Browse Related Reports: Home Healthcare Market (Equipment, Service & Telehealth/Telemedicine) Current Trends, Opportunities & Global Forecasts to 2016. http://www.marketsandmarkets.com/Market-Reports/home-healthcare-equipment-market-696.html The Wireless Health Market (WLAN, WMAN, WPAN, Sensors, Smartphone's, Tablet PC, Mobile APPS) - Global Trends, Opportunities, Competitive Landscape & Forecasts (2013 - 2018) http://www.marketsandmarkets.com/Market-Reports/wireless-healthcare-market-551.html About MarketsandMarkets: MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. Contact: SOURCE MarketsandMarkets 
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