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TOPIC: Healthcare Tele-Consultation Services Market with Industry Size, Market aspect, and Forecast 2018-2026 Credence Research
According to a new market research report published by Credence Research Healthcare Tele-Consultation Services Market (Mode of Consultation Voice Call, Video Call, and Kiosks) - Growth, Future Prospects, Competitive Analysis and Forecast 2016 - 2024, the global healthcare tele-consultation services market stood at US$ 638 Mn in 2015 and is estimated to expand with a CAGR of 23.8% from 2016 to 2024.
The healthcare tele-consultation services market is majorly driven by increasing need to lower healthcare costs in the developed countries in the North America and European regions. In addition, growing maturity and technological awareness among the patients have led to the increasing adoption of tele-consultation services via phone calls, video calls or kiosk visits. Favorable factors such as various government programs and insurance coverage for online consultation have further fueled the growth in the healthcare tele-consultation services market in these regions.
Factors such high penetration of the Internet and smartphones, and rising need for quick and reliable access to medical services have led to the growth of healthcare tele-consultation services across the world. In addition, healthcare tele-consultation services have offered a viable solution to healthcare providers to offer non-emergency medical services to people located in various rural and remote areas.
Some of the factors restraining the growth in the healthcare tele-consultation services market included lack of Internet access, technological awareness, and issues related to information security. Despite efforts towards providing reliable Internet access, a major proportion of the population in most of the countries remains unconnected. Moreover, concerns regarding sharing sensitive medical information over the Internet have curtailed the adoption of healthcare tele-consultation services among general population.
Competitive Insights:
The healthcare tele-consultation services market is fairly competitive in the developed markets. Companies providing healthcare tele-consultation services seek to differentiate their offerings by providing numerous modes of access. Thereby, leading providers offer various modes such as voice calls, video calls, and kiosk visits for consumers to gain access to medical services as per their convenience. Some of the providers of healthcare tele-consultation services sign agreements with employers to provide extensive access to all of their employees and thereby, charging a per member per month (PMPM) fee to the employer. On the other hand, some of the companies only charge the consumers for online consultations. With immense growth opportunities in the largely untapped market, the healthcare tele-consultation services market is expected to grow at a significant rate during the forecast period.
Key Trends:
Rise of healthcare tele-consultation services providers which do not charge a per member per month (PMPM) fee
Providers offering a combination of access modes including voice calls, video calls and kiosk visits
Providers seek to install their kiosks at various locations including offices, pharmacists, and shopping complexes, among others.
Increasing focus on developing specialty platforms for specific medical conditions such as diabetes, pregnancy, child care, and obesity, among others
Health care or healthcare is the maintenance or improvement of health via the prevention, diagnosis, and treatment of disease, illness, injury, and other physical and mental impairments in human beings. Healthcare is delivered by health professionals (providers or practitioners) in allied health fields. Physicians and physician associates are a part of these health professionals. Dentistry, midwifery, nursing, medicine, optometry, audiology, pharmacy, psychology, and other health professions are all part of healthcare. It includes work done in providing primary care, secondary care, and tertiary care, as well as in public health.A consultant (from Latin: consultare "to deliberate") is a professional who provides expert advice[1] in a particular area such as security (electronic or physical), management, education, accountancy, law, human resources, marketing (and public relations), finance, engineering, science or any of many other specialized fields.
A consultant is usually an expert or an experienced professional in a specific field and has a wide knowledge of the subject matter.[2] The role of consultant outside the medical sphere (where the term is used specifically for a grade of doctor) can fall under one of two general categories:
Internal consultant: someone who operates within an organization but is available to be consulted on areas of their specialization by other departments or individuals (acting as clients); or
External consultant: someone who is employed externally to the client (either by a consulting firm or some other agency) whose expertise is provided on a temporary basis, usually for a fee. Consulting firms range in size from sole proprietorships consisting of a single consultant, small businesses consisting of a small number of consultants, to mid- to large consulting firms, which in some cases are multinational corporations. This type of consultant generally engages with multiple and changing clients, which are typically companies, non-profit organizations, or governments. Source: Wikipedia
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