IBISWorld’s Telehealth Services market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.
Industry Analysis & Industry Trends
The Telehealth Services industry has rapidly expanded over the past five years, and will continue to do so in the five years to 2019. Advances in communication technology and medical technology, such as wearable self-monitoring devices and digitized medical scans, have propelled the industry forward.
Industry Report – Industry Analysis Chapter
Fueled by a surge in technological advances in the field of communications and a torrent of new wireless self-monitoring healthcare devices, operators in the Teleheath Services industry are currently enjoying a period of rapid expansion. From 2010 through 2015, industry revenue is expected to expand at an average annual rate of 31.5% to $584.6 million, including a 45.9% jump in 2014 alone, based on information regarding Medicare reimbursements for telehealth services and trends from a 2014 IHS report on the world market for telehealth.
About this Industry
Industry at a Glance
Key External Drivers
Industry Life Cycle
Products & Markets
Products & Services
Globalisation & Trade
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Jargon & Glossary
What is the Telehealth Services Industry?
This industry delivers health-related services and information via telecommunications technologies. Services include transmission of diagnoses, exchanging health services or education, monitoring patients and providing health advice. Telecommunication methods include the use of electrical devices, such as telephones, web cameras, videoconference systems and the internet.