In the world economic growth, the Virtual Care industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Virtual Care market size to maintain the average annual growth rate of XXX from XXX million $ in 2014 to XXX million $ in 2019, SMI analysts believe that in the next few years, Virtual Care market size will be further expanded, we expect that by 2024, The market size of the Virtual Care will reach XXX million $.
There are many benefits of implementing virtual care and especially remote healthcare, especially in providing patients with highly personalized care, in comparison to that provided by a physical healthcare professional. Virtual medical care also provides patients with the chance to remain in touch with their healthcare professionals, as they can virtually request further information about treatments and procedures. Health professionals can also access patients' records at any time, from anywhere in the world, by using a secure, web-based interface.
Market Dynamics
Emergence of Covid-19 is expected to propel growth of the global virtual care market over the forecast period. For instance, globally, as of 2:50pm CEST, 14 April 2021, there have been 136,996,364 confirmed cases of COVID-19, including 2,951,832 deaths, as reported to the World Health Organization. Moreover, increasing adoption of cardiovascular ambulatory virtual care is also expected to aid in growth of the market. For instance, according to a study published in JAMA Network Open, in April 2021, since the onset of COVID-19, racial and ethnic minorities have been more likely to utilize cardiovascular ambulatory virtual care.
Increasing funding in virtual healthcare is expected to offer lucrative growth opportunities for players in the virtual care market. For instance, in April 2021, The Government of Canada announced the signature of a bilateral agreement with Alberta to support efforts to expand virtual healthcare services for its residents. Integration of virtual care with electronic medical records (EMR) is also expected to aid in growth of the market. For instance, in March 2021, TELUS Health announced the next advancement in the digital integration of its employer-focused virtual care service, Akira by TELUS Health, with its own electronic medical records; and in Ontario (Canada) with HRM (Health Report Manager), the provincial report delivery system.
Key Takeaways
Emergence of Covid-19 is expected to propel growth of the global virtual care market over the forecast period
Major players operating in the global virtual care market are focused on expanding their product offering to enhance their market share. For instance, in February 2021, Anytime Pediatrics announced a complete Virtual Care Partner, with new features, functionality and a dual-product offering to support the broad needs of network of pediatric clinicians, specialists and their patients.
Major players operating in the global virtual care market include, Teladoc, Americal Well, AT&T, MDLIVE, AMD Global Telemedicine, Anytime Pediatrics, Koninklijke Philips, TELUS Health, CHI Health, United HealthCare Services, THA Group, and Synzi
This Report covers the manufacturers' data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data.
Besides, the report also covers segment data, including: type segment, industry segment, channel segment etc. cover different segment market size, both volume and value. Also cover different industries clients information, which is very important for the manufacturers. If you need more information, please contact SMI
Section 1: Definition
Section (2 3): Manufacturer Detail
Teladoc
Americal Well
AT&T
MDLIVE
AMD Global Telemedicine
Koninklijke Philips
CHI Health
United HealthCare Services
THA Group
Synzi
Section 4: Region Segmentation
North America Country (United States, Canada)
South America
Asia Country (China, Japan, India, Korea)
Europe Country (Germany, UK, France, Italy)
Other Country (Middle East, Africa, GCC)
Section (5 6 7):
Product Type Segmentation
Hardware Devices
Software System
Industry Segmentation
Pharmacies
Hospitals
Channel (Direct Sales, Distributor) Segmentation
Section 8: Trend (2019-2024)
Section 9: Product Type Detail
Section 10: Downstream Consumer
Section 11: Cost Structure
Section 12: Conclusion
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