Market Forecast By Type (Tele Hospitals, Tele Homes, Mhealth (Mobile Health)), By Component (Product (Hardware, Software, And Other Product), Services (Teledermatology, Teleradiology, Telecardiology, Telepsychiatry, And Other Services)) And Competitive Landscape
Product Code: ETC037221 | Publication Date: Nov 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Australia Telehealth Market is expected to register significant growth in the coming timeframe on the back of the virtual healthcare platform. The platform on the digital economy is benefitting the healthcare sector to leverage technology for enhanced agility in the face of environmental disruptions and to create innovative business orientation models for a new normal, purpose-driven, inclusive, and sustainable future growth in the foreseeable timeframe. A shortage of doctors and nurses has been a perennial problem faced by many developing economies across the world. The adoption of telehealth is proving out to be an effective option to shape the healthcare sector in these economies backed by the digital missions, increased use of mobile apps, pervasive last-mile internet connectivity, and deeper penetration of software technology is proving out to be the potential drivers for the adoption of the technology. The increased efforts of the healthcare sector towards the increase in the remote healthcare facilities is expected to be a growth proliferating factor for the tremendous growth of the Australia telehealth market in the next five to ten years and provide the potential industrialists and the to be investors of the market to witness significant growth projection in the coming timeframe.
According to 6Wresearch, the Australia Telehealth Market is expected to register cumulative growth throughout the forecast period 2020-2026. The outbreak of the COVID-19 disease has led to a massive growth of the Telehealth market globally. The unprecedented disruption of the pandemic has led to a rising need for agility, transformation, and adaptability of telehealth solutions. Backed by the massive spread of the disease, as the corporate firms and even schools came down to the work-from-home-solution, the healthcare sector has also adopted remote consultation as an increasingly innovative method to win the bid to combat the spread of the novel coronavirus. The spread of the virus has brought the telehealth market a new light. The market which was at a nascent stage with limited access even in the developed countries such as Nigeria pre COVID period as a result of poor infrastructure has witnessed a spur by the effect of the virus. The outbreak has no doubt been proved evident to be a potential growth driver for the telehealth market globally backed by the reliability it is offering along with increased knowledge of the technology in the world which as a result is going to increase in the coming years, once the technology completes almost 90 percent operation remotely and is expected to shape its competitive market landscape shortly.
The significant growth of the Australia telehealth market in the coming timeframe is expected to be witnessed on the back of an increase in digitalization in the healthcare sector. A rise in remote consultation backed by the rising prevalence of chronic diseases is anticipated to be a growth contributing factor for the progressive growth of the Australia telehealth market in the coming timeframe. The increase in the healthcare costs, a spur in the technological innovations in the healthcare sector, and efforts to find a resolution to address the accessibility issues of the healthcare sector in remote areas have been a perennial problem in the developing economies across the world are expected to ramp up double-digit growth prospects for the Australia telehealth market in the coming timeframe and offer bountiful opportunities to the potential industrial makers of the product and the to-be-investors to register significant growth in the coming timeframe
The Australia Telehealth market report thoroughly covers the market by Types, Component, and key regions including the northern region, western region, southern region, and eastern region. The Australia Telehealth market outlook report provides an unbiased and detailed analysis of the on-going Australia Telehealth market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Australia Telehealth market is expected to bring in vast new opportunities for the fortunate business growth for the healthcare officials owing to an increase in the technical upgradations in the digitization and a rise in the healthcare sector. The era of technology and digitalization has led to an increase of such state-of-art platforms which not only tend to serve for the betterment of the healthcare sector but also for the increase in the convenience served concerning the remote healthcare facilities provided to the population. The main benefit reaped by the introduction of the digital healthcare platform is by the geriatric population in the country. Since the old aged find it difficult to make themselves physically present at hospitals for doctor consultation and routine checkup, the digital platform has made it all easy and convenient for the geriatric population to consult the doctor and their healthcare personnel at the personal and remote level. No doubt, the digital platform is serving the healthcare sector in many ways, the growth and development of not only the industry are evident but, the to be investors of the market is also expected to be benefitted from the same in the next five to ten years.
Key Highlights of the Report:
Markets Covered
The Australia Telehealth Market report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Australia Telehealth Market Overview |
3.1. Australia Telehealth Market Revenues, 2016-2026f |
3.2. Australia Telehealth Market Revenue Share, By Types, 2019 & 2026f |
3.3. Australia Telehealth Market Revenue Share, By Components, 2019 & 2026f |
3.5. Australia Telehealth Market Revenue Share, By Regions, 2019 & 2026f |
3.6. Australia Telehealth Market Industry Life Cycle |
3.7. Australia Telehealth Market- Porter’s Five Forces |
4. Australia Telehealth Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Australia Telehealth Market Trends |
6. Australia Telehealth Market Overview, By Types |
6.1. Australia Telehealth Market Revenues, By Tele Hospitals, 2016-2026f |
6.2. Australia Telehealth Market Revenues, By Tele Homes, 2016-2026f |
6.3. Australia Telehealth Market Revenues, By Mhealth (Mobile Health), 2016-2026f |
7. Australia Telehealth Market Overview, By Components |
7.1. Australia Telehealth Market Revenues, By Product, 2016-2026f |
7.1.1. Australia Telehealth Market Revenues, By Hardware, 2016-2026f |
7.1.2. Australia Telehealth Market Revenues, By Software, 2016-2026f |
7.1.3. Australia Telehealth Market Revenues, By Other Products, 2016-2026f |
7.2. Australia Telehealth Market Revenues, By Services, 2016-2026f |
7.2.1. Australia Telehealth Market Revenues, By Teleradiology, 2016-2026f |
7.2.2. Australia Telehealth Market Revenues, By Telecardiology, 2016-2026f |
7.2.3. Australia Telehealth Market Revenues, By Teledermatology, 2016-2026f |
7.2.4. Australia Telehealth Market Revenues, By Telepsychiatry, 2016-2026f |
7.2.5. Australia Telehealth Market Revenues, By Other Services, 2016-2026f |
8. Australia Telehealth Market - Key Performance Indicators |
9. Australia Telehealth Market - Opportunity Assessment |
9.1. Australia Telehealth Market Opportunity Assessment, By Types, 2026f |
9.2. Australia Telehealth Market Opportunity Assessment, By Components, 2026f |
10. Australia Telehealth Market Competitive Landscape |
10.1. Australia Telehealth Market Revenue Share, By Company |
10.2. Australia Telehealth Market Competitive Benchmarking, By Operating & Technical Parameters |
11. Company Profiles |
12. Key Recommendations |
13. Disclaimer |