![]() ![]() ![]() A company competitiveness analysis, offering a quantitative basis for comparing the diverse telehealth solutions captured in this report, based on the insights generated from the abovementioned analyses.An assessment of the various products and affiliated services, offered by the companies mentioned above, featuring analysis based on number and type of product, and an informed perspective on the value of the aforementioned offerings based on multiple relevant aspects, namely applicability and adoption trends, treatment-related value, value to patients, value to patients and healthcare professionals, and others.This analysis is based on a proprietary scoring criterion, informed via secondary research. A quantitative perspective on the relative health ( based on basic company details, product details, financing activity, and estimated revenues and profits) of the different innovator companies that have been described in detail in this report.A detailed analysis of telehealth focused companies that were established on or after 2005, featuring inputs on observed trends related to basic input parameters, such as year of establishment, headquarters, company size, and type of venture.A qualitative perspective on the current need for telehealth solutions and services, highlighting some of the key applications of such offerings and featuring information on the various companies that are engaged in this domain ( along with details of some exemplary ventures that have either succeeded or failed in this market).The report features the following details: The information in this report has been presented across multiple deliverables, featuring interactive MS Excel sheets and an MS PowerPoint deck, which summarizes the key takeaways from the project, and insights drawn from the curated data. It offers a technical and financial perspective on how the opportunity in this domain is likely to evolve, in terms of promising business ventures, over the coming decade. The “Investor Series: Opportunities in the Telehealth Market” report provides detailed information on the telehealth industry, covering the core and peripheral products and affiliated services. In the wake of the recent increase in demand, we believe that the market presents lucrative investment opportunities for investors on the lookout for both short- and long-term gains. In addition, around 90% of the healthcare organizations are believed to have already invested or have revealed strong intentions to invest in remote patient monitoring systems. ![]() According to one of our recent studies, many companies are also engaged in providing tailored solutions, along with remote access to medical care facilities to patients. This was primarily fueled by the demand for remote healthcare services, which led to a marked increase in the adoption of various telemedicine, health tracking and medical information sharing products. The recent years have witnessed a surge in investment activity in companies involved in the development of telehealth solutions. Moreover, even as social distancing mandates are being revoked across the world, the expanded access to quality healthcare offered by telemedicine is anticipated to continue to be used at a less unprecedented but evident scale. It is, therefore, safe to infer that the pandemic served to provide a much-needed impetus to drive the adoption of remote medical services. Although the demand for and use of telehealth technologies witnessed a notable surge ( experts believe that the use of such solutions increased by around 40% compared to the pre-COVID era) during the recent pandemic, the idea of remote delivery of medical advice / information is believed to have been conceived much earlier. In 2020, it was estimated that 76% of hospitals in the US were using diverse telehealth technologies to connect doctors to patients. In fact, during the COVID-19 pandemic, due to the enforcement of mandatory social distancing practices, a lot of routine and emergency medical consultations were reported to have been conducted in the virtual environment. Currently, a wide variety of virtual conferencing tools and intuitive software are available for the aforementioned purposes. In other words, it offers a convenient and cost-effective way for individuals with health problems to seek medical attention from the comfort of their respective homes. Telehealth refers to the remote delivery of healthcare services, such as medical consults, examination / interpretation of medical reports, critical health parameter monitoring, medical information sharing ( between physicians and their patients) and patient education, using modern telecommunications solutions. ![]()
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