Australia Telehealth Market (2021-2027)
Market Forecast By Types (Tele Hospitals, Tele Homes, MHealth (Mobile Health)), By Components (Products (Software (Integrated, Standalone), Hardware (Medical Peripheral Devices, Monitors (HD, Full HD, 4K/8K)))), By Services (General Practitioner, Specialist Consultation, Mental Health Consultation, Nurse Practitioner Consultation, Allied Health Consultation) And Competitive Landscape
According to 6Wresearch, Australia Telehealth Market size is projected to grow at CAGR of 0.7% during 2021-27. Government support in the form of subsidies, growing aged population, benefits such as reduction in waiting time and access to diagnosis & prescriptions from anywhere across the country would bolster the growth of telehealth across the country in the forthcoming years. The growth in the telehealth market of Australia can be further attributed to the factors such as increasing number of people suffering from chronic diseases amongst the Australian population, overcrowding of hospitals and the need to reduce healthcare expenditure. Moreover, the technologies like IoT, artificial intelligence, cloud and machine learning would give a major boost to the market owing to the efficiency and security they can provide for remote monitoring of patients.
Australia telehealth market witnessed a significant growth during the period 2017-2020 underpinned by government initiatives to promote telehealth in Australia. Moreover, the outbreak of COVID-19 pandemic acted as a boon for the telehealth market owing to the social distancing norms which accelerated the use of telehealth services as the people were reluctant to visit hospitals for checkups due to virus scare. Furthermore, the stringent lockdown imposed across the country forced the people to stay at home and step out only, if necessary, which pushed them to use self-monitoring devices for their routine checkups and video consultations from telehealth services for consulting doctors.
For Latest Press Release : https://www.6wresearch.com/press-release/australia-telehealth-market-is-projected-to-grow-at-a-cagr-of-07-during-2021-2027
Market Analysis by Types
On the basis of types, the tele hospitals segment accounted for largest revenue share in Australia telehealth market revenues in 2020 as major hospitals had started virtual consultations under the digitization model of the Australian government especially during the critical times of covid-19 when social distancing is a must.
Key Highlights of the Report
- Australia Telehealth Market Overview
- Australia Telehealth Market Trends
- Australia Telehealth Market Outlook
- Australia Telehealth Market Forecast
- Market Drivers
- Market Restraints
- Industry Life Cycle
- Porter’s Five Force Analysis
- Market Competitive Benchmarking
- Market Opportunity Assessment
- Australia Telehealth Market Share/Ranking, By Companies
- Company Profiles
- Key Strategic Recommendations
- Historical Data and Forecast of Market Revenues, By Type for the Period 2017-2027F
- Historical Data and Forecast of Australia Telehealth Market Revenues for the Period 2017-2027F
- Historical Data and Forecast of Market Revenues, By Components for the Period of 2017-2027F.
About Us-
6Wresearch is the premier, one stop market intelligence and advisory center, known for its best in class business research and consulting activity. We provide industry research reports and consulting service across different industries and geographies which provide industry players an in-depth coverage and help them in decision making before investing or enter into a particular geography.
Contact Us: Phone: +911143024305 | Email Id: sales@6wresearch.com
)