[March 12, 2018]

Global Remote Healthcare Market (2018-2023) Projected to Grow at a CAGR of 17.74% to Reach $36.92 Billion - Decreasing Medical Cost for Low-Income Countries - ResearchAndMarkets.com

The "Remote Healthcare (mHealth, Tele-ICUs, & Virtual Health) Market - Global Outlook and Forecast 2018-2023" report has been added to ResearchAndMarkets.com's offering.

According to the latest industry analysis, the size of the global remote healthcare market is expected to reach $36.92 billion by 2023, growing at an impressive CAGR of 17.74% 2017-2023.

This market research report on the remote healthcare (mHealth, tele-ICUs, and virtual health) market offers analysis on market size and forecast, market share, industry trends, growth drivers, and vendor analysis. The market study also includes insights on segmentation by service (mHealth, tele-ICUs, and virtual health (audio visits, video visits, and chat consultations), end-users (hospitals and clinics, individuals, and other medical service providers), and geography (APAC, Europe, North America, and ROW).

Leading service providers are forming partnerships with software developing companies that will help in the development and innovation of services offered in the global virtual visits market. Further, the increasing number of smartphone and wearable users will boost the demand in the mHealth market.

mHealth services to dominate the remote healthcare market share during the forecast period.

Hospitals and clinics end-user segmentto occupy the largest market share in the remote healthcare market during forecast period.

North America dominated the global healthcare market, occupying close to 41% of the total market share in 2017 and is expected to grow at an exponential CAGR of 21.34% during the forecast period.

Major Vendors

• Medtronic
• Teladoc
• American Well
• Airstrip Technologies (News - Alert)
• BioTelemetry/LifeWatch

Prominent Players

• InTouch Health
• iMDsoft
• UPMC Italy
• INTeleICU
• TeleICUcare
• INOVA
• Carena
• MDLIVE
• edgeMED Healthcare
• Mercy Virtual
• CHI Health
• MedSpring
• Celtic Healthcare
• Integrity Urgent Care
• THA group
• Premera Blue Cross
• United HealthCare Services
• Virtuwell
• Zipnosis
• Ringadoc/MedXCom
• MeMD
• Plushcare
• iSelectMD
• eVisit
• meVisit
• Specialists on Call
• Vidyo (News - Alert)
• VSee
• AliveCor
• Jawbone
• AgaMatrix
• iHealth Lab
• AT&T
• Masimo
• Athenahealth

Market Dynamics

Growth Enablers

• Rising Incidences of Chronic Diseases Worldwide
• Increasing Awareness Toward Self-Care and Disease Management
• Decreasing Medical Cost for Low-Income Countries
• Growing Market Penetration of Smartphones

Growth Restraints

• Inadequate Reimbursement Scenario
• Inefficient Telecommunication Network
• Low Awareness About Remote Healthcare
• Security Threats
• Government Regulations

Opportunities & Trends

• High R&D Investment
• High Demand for Health & Fitness Gadgets
• Government Initiatives

For more information about this report visit https://www.researchandmarkets.com/research/d9cmmq/global_remote?w=4

View source version on businesswire.com: http://www.businesswire.com/news/home/20180312005542/en/

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