Medical Newswire

Medical Newswire!

Medicine, Healthcare, Medical Research, Hospitals, Management
Press release distribution service
Home | Medical-Newswire.Com:

North America Telehealth Market Worth $9,496.6 Million by 2024- Exclusive Report by Meticulous Research®


(, July 30, 2022 ) According to this latest publication from Meticulous Research®, the North America Telehealth market is expected to grow at a CAGR of 24.3% from 2018 to reach $9,496.6 million by 2024, fueled by the increasing awareness about benefits of telemedicine, favorable government policies supporting digital health, shortage of healthcare professionals, and growing focus on connected care technology.

Key players operating in this market are entering into partnerships, agreements and collaborations to gain the cost efficiency, enhance their capabilities, and strengthen their competitive positions in the market. For instance, in January 2018, American Well and Royal Philips formed a global partnership in telehealth to work together to embed American Well's mobile telehealth services into an array of Philips solutions. In October 2017, American Well partnered with Medtronic plc to enable a more complete telehealth solution focused on the unique needs of the complex, chronic, co-morbid patient population.

Request Sample Report:

In September 2017, the U.S. Senate passed “the Creating High-Quality Results and Outcomes Necessary to Improve Chronic (CHRONIC) Care” Act. The bill includes various provisions that are likely to expand Medicare coverage of telemedicine and give Accountable Care Organizations (ACOs) more discretion in using telemedicine. Further, in February 2018, the Bipartisan Budget Act of 2018 was signed in the U.S. related to several provisions of telehealth. Such initiatives by the governments across North America will spur the adoption of telemedicine during the forecast period.

Browse in-depth report:

The North American telehealth market is segmented based on component, deployment model, application, and end user. Healthcare providers will continue to be the leading adopters of the telehealth solutions due to the move towards value-based care, rising patient volume and shortage of physicians, improving telehealth infrastructure in hospitals, and growing focus and availability of provider specific telehealth solutions.

The U.S. commanded the largest share of the North America telehealth market and also expected to witness rapid growth owing to the shift from fee-for-service to value-based models; well-established communication networks; growing focus on digital health; improving reimbursement policies and coverage of telehealth across states; growing need to address shortage of physicians especially in rural /underserved areas; and presence of large number of telehealth providers in the U.S.

Meticulous Research®

Mr. Khushal Bombe

+91 744-7780008

Source: EmailWire.Com


Medical Resources
We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Healthcare resource center today to browse our selection of 600+ complimentary Healthcare magazines, white papers, webinars, podcasts, and more. Get popular titles including:

Eyecare Business
Medical Laboratory Observer

No credit cards, coupons, or promo codes required. Try it today!

Medical Sponsors

Health News is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © GroupWeb Media LLC. All Rights Reserved.

For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at CityRegions.Com is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © 2012 GroupWeb Media LLC. All Rights Reserved.

GroupWeb Media Network
AfricaNewswire.Net | AppleNews247.Com | AsiaNewsWire.Net | Aviation-NewsWire | Energy Industry | EstateNewsWire | | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | EuropeNewsWire.Net | | i-Canada-News.Com | | iT-NewsWire.Com
| InvestorsNewsDesk.Com | i-TravelNewsWire.Com | | | | MoneyNewsWire.Net | Movie-Stars-News.Com | PayDayNews247.Com | PharmaNewsWire.Com | Publishing-NewsWire.Com | | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | - Medicl Newswire and Press Release service of GroupWeb Media LLC