DBMR has added a new report titled Global Telemental Health Market with data Tables for historical and forecast years represented with Chats & Graphs spread through Pages with easy to understand detailed analysis. This Global Telemental Health Market report underlines the specific study of the industry which explains what the market definition, classifications, applications, engagements, and global industry trends are. The market data analysed and evaluated in this Global Telemental Health Market report makes you achieve the business goals and objectives in preset time frame. It highlights a wide-ranging evaluation of the market’s growth prospects and restrictions. This report is very useful to all sizes of business which makes it simpler to take informed decisions regarding different facets of industry. Global Telemental Health Market report truly acts as a backbone to the business.
Unlock new opportunities in Global Telemental Health Market; the latest release from Data Bridge Market Research highlights the key market trends significant to the growth prospects, Let us know if any specific players or list of players needs to consider to gain better insights.
Global Telemental Health Market is expected to rise gradually to an estimated value of USD 15.15 billion by 2026, registering a CAGR of 24.65% in the forecast period of 2019-2026 with the annual sales of USD 2.60 billion in the year of 2018. This rise in market value can be attributed to the increasing awareness and concerns regarding the health of patients.
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The market analysis and insights covered in this Global Telemental Health Market business document offers key statistics on the market status of global and regional manufacturers and is an imperative source of guidance which provides exact direction to the companies and individuals interested in the industry. This report contains a bottomless knowledge and information on what the market’s definition, classifications, applications, and engagements are and also explains the drivers and restraints of the market which is derived from SWOT analysis. The important highlights of this market report are key market dynamics, current market scenario and future prospects of the sector.
Key Market Competitors: Global Telemental Health Market
Few of the major competitors currently working in the telemental health market are Cisco Systems, Inc. (US), AMD Global Telemedicine, Inc (US), Aerotel Medical Systems (1998) Ltd. (Israel), Medtronic (Ireland), F. Hoffmann-La Roche Ltd. (Switzerland), McKesson Corporation (US), Koninklijke Philips N.V. (Netherlands), Otsuka America Pharmaceutical Inc. (US), Cerner Corporation (US), Allscripts (US), InTouch Technologies, Inc. (US), Resideo Technologies, Inc. (US), BioTelemetry, Inc. (US), OBS Medical Ltd. (UK), American Well (US), Empower Interactive, Inc. (US), MDLIVE Inc. (US), TalkSession Inc. (US), Talkspace (US), Virtual Therapy Center, LLC (US), Teladoc, Inc. (US), WeCounsel (US), and few among others.
Market Drivers and Restraints
Prevalence of mental disorders in all age groups is going to drive the market.
Time efficient and low cost services
Rise in acceptance of telemental health
Fewer facilities in the remote areas
Lack of skilled expertise in remote areas
Fewer government initiatives taken in this direction.
Technological advancements in telecommunication infrastructure
Market Definition: Global Telemental Health Market
Telemental health is a division of Telehealth market. Telemental health, the use of telemedicine technology which provides mental health services from a distance. Additionally, it also provides consultation, supervision, health intervention, assessment, education, and information across distances.
According to World Health Organization, there were approximately 500 million people having mental disorders, almost more than half of these cases could have been avoided with the availability of proper medical treatment. This significant number is expected to act as a driver to the market growth.
Key Developments in the Market:
On 17th April, 2018, AMD Global Telemedicine Inc., announced the development of OnDemand Visit, a direct-to-consumer telehealth platform. OnDemand Visit is a platform for healthcare providers to manage their own virtual care offerings, as an alternative to outsourcing their telemedicine needs and services.
On 5th March, 2019, McKesson Corporation, the global healthcare leader, announced collaboration with technology leader Navigating Cancer, to offer an enhanced Patient Relationship Management (PRM) platform for community-based oncologists. This platform is a comprehensive clinical workflow tool for oncology teams and patients that provides integrated, personalized care.
Table of Contents:
Middle East & Africa
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Insights of the Market in Report
1. The study provides an in-depth analysis of the Global Telemental Health Market along with the current trends and future estimations to elucidate the imminent investment pockets.
2. Comprehensive analysis of the factors that drive and restrict the market growth is provided in the report.
3. Comprehensive quantitative analysis of the industry is provided for the period of 2018-2025 to assist stakeholders to capitalize on the prevailing market opportunities.
4. Extensive analysis of the key segments of the industry helps in understanding the trends in types of Global Telemental Health Market across Glob.
5. Key market players and their strategies have been provided to understand the competitive outlook of the Global Telemental Health Market industry
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