DUBLIN–(BUSINESS WIRE)–The “North America Telecare Market Size, Share & Industry Trends Analysis Report By Product Type, By Country and Growth Forecast, 2021-2027” report has been added to ResearchAndMarkets.com’s offering.
The North America Telecare Market is expected to witness market growth of 4.3% CAGR during the forecast period (2021 2027).
The US market dominated the North America Telecare Market by Country 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $1,411.1 million by 2027. The Canada market is poised to grow at a CAGR of 6.6% during (2021 – 2027). Additionally, The Mexico market is expected to exhibit a CAGR of 5.7% during (2021 – 2027).
Healthcare facilities can receive several benefits by leveraging telemedicine features. Moreover, it has the potential to increase efficiency and profitability, along with improving patient access to medical services. This factor is expected to facilitate the penetration of telecare services
Telecare solutions are considered beneficial in improving health outcomes while also lowering costs. When compared to traditional approaches, telecare services save money for patients, providers, as well as market players. Telemedicine has lowered healthcare costs while boosting efficiency with better chronic illness management, shorter travel times, pooled healthcare professional staffing, and reduced hospital stays. As a result of all of these factors, the telecare market is anticipated to grow significantly over the forecast period.
Telecare is a rapidly developing aspect of healthcare across the United States, owing to the country’s high adoption of innovative healthcare technologies and the rising burden of chronic diseases. Telecare has enhanced care management, improved patients’ quality of life, as well as significantly reduced healthcare costs.
Moreover, according to the data shared by the National Library of Medicines, Chronic wounds are estimated to affect 2% of the population in the United States. Chronic wounds cause a negative impact on people all around the world. According to a 2016 research from Wales, chronic wounds affect 6% of the population, costing the NHS 5.5 percent of its budget.
Key companies profiled in the report include
- Abbott Laboratories
- Pfizer, Inc.
- Sanofi S.A.
- Johnson & Johnson
- AllScripts Healthcare Solutions, Inc.
- AT&T, Inc.
- Samsung Electronics Co., Ltd.
- Apple, Inc.
- Qualcomm, Inc.
- Google LLC
Key Topics Covered:
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Telecare Market, by Product Type
1.4.2 North America Telecare Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.2 Key Factors Impacting the Market
Chapter 3. Competition Analysis – Global
3.1 Publisher Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements: 2020, Mar – 2021, Dec) Leading Players
Chapter 4. North America Telecare Market by Product Type
4.1 North America Activity Monitoring Market by Country
4.2 North America Remote Medication Management Market by Country
Chapter 5. North America Telecare Market by Country
5.1 US Telecare Market
5.1.1 US Telecare Market by Product Type
5.2 Canada Telecare Market
5.2.1 Canada Telecare Market by Product Type
5.3 Mexico Telecare Market
5.3.1 Mexico Telecare Market by Product Type
5.4 Rest of North America Telecare Market
5.4.1 Rest of North America Telecare Market by Product Type
Chapter 6. Company Profiles
6.1 Company Overview
6.2 Financial Analysis
6.3 Segmental and Regional Analysis
6.4 Research & Development Expense
6.5 Recent strategies and developments
For more information about this report visit https://www.researchandmarkets.com/r/qumaxn
