Market Overview:
The global healthcare tele-consultation services market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for tele-consultation services due to the growing prevalence of chronic diseases, rising geriatric population, and increasing number of medical tourists. In addition, technological advancements are also aiding in the growth of this market. The global healthcare tele-consultation services market can be segmented on the basis of type into voice calls, video calls, and kiosks. The voice call segment is expected to account for a major share of the global healthcare tele-consultation services market during the forecast period owing to its low cost and easy accessibility. However, with technological advancements in video calling technologies such as Skype and FaceTime, there is an increase in demand for video consultation among patients across different geographies which is likely to boost the growth of this segment during the forecast period. On basis application hospitals are anticipated witness highest adoption rate over other applications throughout Forecast Period . Clinic would register second highest CAGR By 2030 .
Product Definition:
Healthcare Tele-Consultation Services refers to the use of telecommunications technology to provide clinical consultation services between healthcare providers. The importance of Healthcare Tele-Consultation Services is that it allows healthcare providers to consult with each other about the care of their patients. This can help improve patient care by providing timely, expert advice and support.
Voice Calls:
Voice calls are telephonic connections between two end-users. They are widely used in healthcare tele-consultation services as they provide a high degree of privacy and do not require any additional infrastructure or specialized equipment other than the basic telephone network.
The global voice calls market is expected to grow at a lucrative rate over the forecast period owing to factors such as increasing demand for remote consultation, rising disposable income, rapid technological advancements.
Video Calls:
Video calls are live telecast between the patient and the healthcare specialist. It is a better way to communicate with doctors, nurses or other patients located in different places. This service saves time & money and helps in improving relationships between patients & specialists as well as reduces stress on hospital staff due to long working hours. Video consultation services are covered under tele-consultation services which help healthcare professionals during consultations from their home or any other suitable location where the patient is also present.
Application Insights:
Based on application, the market is segmented into hospitals, clinics and other healthcare facilities. The hospital segment dominated the overall industry in terms of revenue share in 2017. Factors such as increasing patient admissions due to growing prevalence of chronic diseases and an aging population are driving demand for tele-consultation services at hospitals. Furthermore, technological advancements that enable providers to offer enhanced consultation services through video visits will further boost growth over the forecast period.
The clinic segment is expected to witness significant growth over the forecast period owing to rising awareness about online medical consultations among patients with acute conditions seeking urgent care or outpatient treatment at clinics or walk-in centers run by primary health organizations (PHOs). Increasing utilization of these kiosk-based virtual consultation systems by PHOs for providing remote clinical advice is also expected drive demand over the next few years.
Regional Analysis:
North America dominated the global healthcare tele-consultation services market in 2017. This can be attributed to the presence of a large number of players, high adoption rate of advanced technologies and availability of well-developed infrastructure. Moreover, increasing demand for remote patient monitoring systems is also expected to drive growth over the forecast period. Asia Pacific region is anticipated to witness lucrative growth during the forecast period owing to factors such as improving internet connectivity and rising awareness about these services among patients and doctors. In addition, government initiatives are also expected to boost regional market development over the next eight years.
Growth Factors:
- Increasing demand for convenience and efficiency in healthcare services
- Rising prevalence of chronic diseases and geriatric population
- Growing need to contain healthcare costs
- Proliferation of telecommunication and information technology infrastructure
- Emergence of new business models such as cloud-based services
Scope Of The Report
Report Attributes
Report Details
Report Title
Healthcare Tele-Consultation Services Market Research Report
By Type
Voice Calls, Video Calls, Kiosks
By Application
Hospitals, Clinic, Others
By Companies
Teladoc, Inc., MDLIVE,Inc., Doctor on Demand, Inc., American Well Corporation, HealthTap, Inc., Video Medicine, Inc.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Healthcare Tele-Consultation Services Market Report Segments:
The global Healthcare Tele-Consultation Services market is segmented on the basis of:
Types
Voice Calls, Video Calls, Kiosks
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Clinic, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Teladoc, Inc.
- MDLIVE,Inc.
- Doctor on Demand, Inc.
- American Well Corporation
- HealthTap, Inc.
- Video Medicine, Inc.
Highlights of The Healthcare Tele-Consultation Services Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Voice Calls
- Video Calls
- Kiosks
- By Application:
- Hospitals
- Clinic
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Healthcare Tele-Consultation Services Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Healthcare Tele-Consultation Services (HTCS) is a telemedicine service that connects patients with healthcare professionals who can provide them with medical advice and treatment. HTCS allows patients to connect with doctors, nurses, pharmacists, and other health care professionals over the internet.
Some of the major companies in the healthcare tele-consultation services market are Teladoc, Inc., MDLIVE,Inc., Doctor on Demand, Inc., American Well Corporation, HealthTap, Inc., Video Medicine, Inc..
The healthcare tele-consultation services market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Healthcare Tele-Consultation Services Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Healthcare Tele-Consultation Services Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Healthcare Tele-Consultation Services Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Healthcare Tele-Consultation Services Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Healthcare Tele-Consultation Services Market Size & Forecast, 2018-2028
4.5.1 Healthcare Tele-Consultation Services Market Size and Y-o-Y Growth
4.5.2 Healthcare Tele-Consultation Services Market Absolute $ Opportunity
Chapter 5 Global Healthcare Tele-Consultation Services Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Healthcare Tele-Consultation Services Market Size Forecast by Type
5.2.1 Voice Calls
5.2.2 Video Calls
5.2.3 Kiosks
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Healthcare Tele-Consultation Services Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Healthcare Tele-Consultation Services Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinic
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Healthcare Tele-Consultation Services Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Healthcare Tele-Consultation Services Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Healthcare Tele-Consultation Services Analysis and Forecast
9.1 Introduction
9.2 North America Healthcare Tele-Consultation Services Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Healthcare Tele-Consultation Services Market Size Forecast by Type
9.6.1 Voice Calls
9.6.2 Video Calls
9.6.3 Kiosks
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Healthcare Tele-Consultation Services Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinic
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Healthcare Tele-Consultation Services Analysis and Forecast
10.1 Introduction
10.2 Europe Healthcare Tele-Consultation Services Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Healthcare Tele-Consultation Services Market Size Forecast by Type
10.6.1 Voice Calls
10.6.2 Video Calls
10.6.3 Kiosks
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Healthcare Tele-Consultation Services Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinic
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Healthcare Tele-Consultation Services Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Healthcare Tele-Consultation Services Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Healthcare Tele-Consultation Services Market Size Forecast by Type
11.6.1 Voice Calls
11.6.2 Video Calls
11.6.3 Kiosks
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Healthcare Tele-Consultation Services Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinic
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Healthcare Tele-Consultation Services Analysis and Forecast
12.1 Introduction
12.2 Latin America Healthcare Tele-Consultation Services Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Healthcare Tele-Consultation Services Market Size Forecast by Type
12.6.1 Voice Calls
12.6.2 Video Calls
12.6.3 Kiosks
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Healthcare Tele-Consultation Services Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinic
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Healthcare Tele-Consultation Services Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Healthcare Tele-Consultation Services Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Healthcare Tele-Consultation Services Market Size Forecast by Type
13.6.1 Voice Calls
13.6.2 Video Calls
13.6.3 Kiosks
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Healthcare Tele-Consultation Services Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinic
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Healthcare Tele-Consultation Services Market: Competitive Dashboard
14.2 Global Healthcare Tele-Consultation Services Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Teladoc, Inc.
14.3.2 MDLIVE,Inc.
14.3.3 Doctor on Demand, Inc.
14.3.4 American Well Corporation
14.3.5 HealthTap, Inc.
14.3.6 Video Medicine, Inc.
