The U.S. DTC telehealth services
market is expected to reach USD 16.4 billion by 2025, according to a new
report by Grand View Research, Inc.
The U.S. DTC
telehealth services market is expected to foresee a rapid rise in the next few
years. Some of the key factors supporting this industry’s growth are a rise in
aged and chronically ill population that would lead to increasing geriatric
telehealth services, enhancement of telecommunication technology, adoption of
telehealth services due to shortage of physicians in rural areas, and rise in
adoption of home care. However, maintaining the doctor-patient confidentiality
caused a slight barrier to the growth of this industry. Moreover, the lack of
reimbursement opportunities continues to remain an obstacle, hindering the
growth of the market during the forecast period.
The U.S. DTC
telehealth services market is characterized into two categories, product type
and delivery mode. The product segment is further segmented into remote
monitoring, real time interactions, and store and forward. The remote
monitoring telehealth services are estimated to account for the largest revenue
growth in 2016.The delivery mode segment is categorized into web-based,
cloud-based, and on premise, of which the cloud-based delivery mode is
anticipated to witness the highest growth during the period of 2016 to 2025.
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sample copy or view summary of this report, click the link below:
http://www.grandviewresearch.com/industry-analysis/us-direct-consumer-telehealth-services-market-analysis
Further key findings from the study suggest:
- Real time interactions in the U.S. telehealth service market are anticipated to develop rapidly in the near future. This market is expected to grow at the highest CAGR of more than 50% during the forecast period. Real time interactions like virtual consultations are deemed to be more convenient and fast, translating to increased public demand. In addition, the shortage of healthcare specialists in rural areas is likely to escalate the demand for virtual online clinics during the review period.
- The revenues from the web-based delivery mode in the U.S. telehealth service market is estimated to skyrocket in 2016. The web-based delivery mode is anticipated to grow at a healthy rate in the future. The increasing demand for mobile technologies and the internet is expected to have a high impact on public over the forecast period.
- Some of the key players in this industry include American Well Corporation, Teladoc, Inc., Specialists On Call, HealthTap, Inc., and MeMD. Almost all the key players enhanced their growth by expanding their network accessibility across most of the states in the U.S. For example, MeMD, which was founded in 2010 has managed to expand its base with around 300 healthcare providers in 50 states in the U.S.by 2015.
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About
Grand View Research:
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
Contact:
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Grand View Research, Inc
Phone: 1-415-349-0058
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Email:
sales@grandviewresearch.com
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