In a recent published report, Kenneth Research has updated the Europe Telehealth Market report for for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Europe Telehealth Market products.
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, According to the statistics by the WHO, grew from 6.20% in 2001 to 6.69% in 2018. Additionally, the current healthcare expenditure per capita (current US$) grew 3x from USD 222.49 in 2001 to USD 721.88 in 2018.
Europe telehealth market accounted for $6,185.4 million in 2019 and will grow by 18.9% annually over 2020-2030 owing to shortage of physicians, advancements in telecommunications, and need to expand healthcare access and improve healthcare quality amid COVID-19 pandemic and staying-at-home orders.
Highlighted with 35 tables and 54 figures, this 120-page report “Europe Telehealth Market 2020-2030 by Component, Modality, Deployment Mode, Application, End User, and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Europe telehealth market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2015-2019 and provides forecast from 2020 till 2030 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of Europe market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify Europe telehealth market in every aspect of the classification from perspectives of Component, Modality, Deployment Mode, Application, End User, and Country.
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Based on Component, the Europe market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section.
Based on Modality, the Europe market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section.
• Real-time Interactive Healthcare
• Remote Patient Monitoring/Evaluation
• Store and Forward Healthcare
Based on Deployment Mode, the Europe market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section.
• Web/APP-based Telehealth
• Cloud-based Telehealth
• On-premise Telehealth
Based on Application, the Europe market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section.
• Other Applications
Based on End User, the Europe market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section.
• Healthcare Providers
• Individuals and Patients
• Healthcare Payers
• Other End Users
Geographically, the following national/local markets are fully investigated:
• Rest of Europe (further segmented into Netherlands, Switzerland, Turkey, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
For each key country, detailed analysis and data for annual revenue are available for 2019-2030. The breakdown of key national markets by Modality, Application, and End User over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Specifically, potential risks associated with investing in Europe telehealth market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
Key Players (this may not be a complete list and extra companies can be added upon request):
Aerotel Medical Systems
AMD Europe Telemedicine
American Well Corporation
Doctor On Demand Inc.
Koninklijke Philips NV
Resideo Life Care Solutions
Teladoc Health Inc.
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
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