Telehealth Software Quadrant Report

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Telehealth Market (Global) Company Evaluation Quadrant
Published on
Mar'2020
Pages
66
Code
360-HIT 3542
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Telehealth involves short-term clinical and non-clinical (medical education, administration and reserch) services that allow remote interaction between parties (doctor-patient and doctor-doctor) for the monitoring of vital signs, enabling medical practitioners to evaluate and diagnose patients with common (less critical) medical conditions, e-prescribe medicines and treatments for the same and detect fluctuations in the medical status of patients remotely.

A USD 56 billion opportunity by 2025, telehealth market is primarily driven by aging population, rural and other medically underserved populations, measures taken to make healthcare more accessible, and growing prevalence of chronic illnesses, and shortage of physicians. The telehealth adoption faces challenges such as varying regulations and policies by region, and healthcare frauds.

This report identifies and benchmarks the best telehealth solution providers, such as Koninklijke Philips N.V. (Netherlands), Medtronic (Ireland), and GE Healthcare (US),  Cerner Corporation (US), and evaluates them on the basis of business strategy excellence and strength of product portfolio within the Telehealth ecosystem, combining inputs from various industry experts, buyers, and vendors, and extensive secondary research including annual reports, company press releases, investor presentations, free and paid company databases. They are rated and positioned on 2x2 matrix, called as ‘Company Evaluation Quadrant’, and identified as Visionary Leaders (top companies), Dynamic Differentiators, Innovators, or Emerging companies.

The report includes market specific company profiles of all 21 players and assesses the recent developments that shape the competitive landscape of this highly fragmented market.


List of companies evaluated and profiled in the report:

  • AMC HEALTH
  • AMERICAN WELL
  • ASAHI KASEI CORPORATION
  • CERNER CORPORATION
  • CHIRON HEALTH
  • CISCO SYSTEMS
  • DOCTOR ON DEMAND
  • GE HEALTHCARE
  • GLOBALMED
  • IMEDIPLUS INC.
  • IRON BOW TECHNOLOGIES
  • KONINKLIJKE PHILIPS
  • MDLIVE
  • MEDTRONIC
  • MEDVIVO GROUP
  • MEDWEB
  • SIEMENS HEALTHINEERS AG
  • TELADOC HEALTH
  • TELESPECIALISTS
  • VSEE
  • ZIPNOSIS

Table of Contents

1 Introduction
   1.1 Market Definition

2 Market Overview
   2.1 Introduction
   2.2 Market Dynamics
          Figure 1 Telehealth and Telemedicine Market: Drivers, Restraints, Opportunities, and Challenges
          2.2.1 Drivers
                    2.2.1.1 Rising Population and Need to Expand Healthcare Access
                                  Table 1 Global Overview of the Rise in Aging Population (Million)
                    2.2.1.2 Rising Prevalence of Chronic Conditions and Cost-Benefits of Telehealth& Telemedicine
                                  Table 2 Chronic Diseases and Cost Burden in the US: Potential for Savings
                    2.2.1.3 Shortage of Physicians
                    2.2.1.4 Advancements in Telecommunications
                    2.2.1.5 Government Support and Rising Awareness
          2.2.2 Restraints
                    2.2.2.1 Regulatory Variations Across Regions
                                  Table 3 US: State-Wise Regulatory Outlook for Telehealth
                    2.2.2.2 Fraud in Telemedicine and Telehealth
                    2.2.2.3 Use of Social Media
          2.2.3 Opportunities
                    2.2.3.1 High Utility in Combating Infectious Diseases and Epidemics
          2.2.4 Challenges
                    2.2.4.1 Inability to Ascertain Hygiene and Cleanliness
                    2.2.4.2 Behavioral Barriers, Healthcare Affordability, and Lack of Awareness

3 Company Evaluation Quadrant
   3.1 Company Evaluation Quadrant (Overall Market)
          3.1.1 Visionary Leaders
          3.1.2 Innovators
          3.1.3 Dynamic Differentiators
          3.1.4 Emerging Companies
                    Figure 2 Company Evaluation Quadrant (Global) Telehealth and Telemedicine Market

4 Competitive Landscape
   4.1 Introduction
   4.2 Market Ranking Analysis
          Figure 3 Value-Based Ranking of Key Players, 2019
   4.3 Competitive Scenario
          4.3.1 Key Partnerships and Collaborations
                    Table 4 Partnerships and Collaborations (2017–2019)
          4.3.2 Key Product Launches
                    Table 5 Product Launches (2017–2019)
          4.3.3 Key Acquisitions
                    Table 6 Acquisitions (2017–2019)

5 Company Profiles
   5.1 Koninklijke Philips
          5.1.1 Business Overview*
                    Figure 4 Koninklijke Philips: Company Snapshot (2019)
          5.1.2 Products & Services Offered*
          5.1.3 Recent Developments*
          5.1.4 MnM View*
         (*Above sections are present for all of below companies)
   5.2 Medtronic
          Figure 5 Medtronic: Company Snapshot (2019)
   5.3 GE Healthcare
          Figure 6 GE Healthcare: Company Snapshot (2019)
   5.4 Cerner Corporation
          Figure 7 Cerner Corporation: Company Snapshot (2018)
   5.5 Siemens Healthineers AG
          Figure 8 Siemens Healthineers: Company Snapshot (2019)
   5.6 Cisco Systems
          Figure 9 Cisco Systems: Company Snapshot (2019)
   5.7 Asahi Kasei Corporation
          Figure 10 Asahi Kasei Corporation: Company Snapshot (2019)
   5.8 Iron Bow Technologies
   5.9 American Well
   5.10 Teladoc Health
            Figure 11 Teladoc Health: Company Snapshot (2018)

6 Appendix
   6.1 Other Significant Players
          6.1.1 Medvivo Group
          6.1.2 AMC Health
          6.1.3 Telespecialists
          6.1.4 Doctor on Demand
          6.1.5 MDLive
          6.1.6 GlobalMed
          6.1.7 MedWeb
          6.1.8 Vsee
          6.1.9 Imediplus Inc.
          6.1.10 Chiron Health
          6.1.11 Zipnosis
   6.2 Research Methodology
   6.3 List of Abbreviations

This report identifies and benchmarks the best telehealth solution providers, such as Koninklijke Philips N.V. (Netherlands), Medtronic (Ireland), GE Healthcare (US), Cerner Corporation (US), Siemens Healthineers (Germany), and evaluates them on the basis of business strategy excellence and strength of product portfolio within the Telehealth ecosystem, combining inputs from various industry experts, buyers, and vendors, and extensive secondary research including annual reports, company press releases, investor presentations, free and paid company databases. They are rated and positioned on 2x2 matrix, called as ‘Company Evaluation Quadrant’, and identified as Visionary Leaders (top companies), Dynamic Differentiators, Innovators, or Emerging companies.     

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