DUBLIN–(BUSINESS WIRE)–The “North America Telecare Market Size, Share and Trends Analysis Report by Product Type, Country and Growth Forecast, 2021-2027” report has been added to from ResearchAndMarkets.com offer.
The North America telecare market is expected to witness a market growth of 4.3% CAGR during the forecast period (2021-2027).
The US market led the North America telecare market by country in 2020 and is expected to continue to be a dominant market till 2027; thus reaching a market value of $1,411.1 million by 2027. The Canadian market is poised to grow at a CAGR of 6.6% during (2021 – 2027). Moreover, the Mexican market is expected to show a CAGR of 5.7% during (2021 – 2027).
Healthcare facilities can reap several benefits by leveraging telemedicine capabilities. Additionally, it has the potential to increase efficiency and cost-effectiveness, while improving patient access to medical services. This factor should facilitate the penetration of remote assistance services
Telecare solutions are considered beneficial for improving health outcomes while reducing costs. Compared to traditional approaches, telecare services save costs for patients, providers and market players. Telemedicine has reduced healthcare costs while increasing efficiency through better chronic disease management, shorter travel times, pooling of healthcare professionals and reduced stays to the hospital. Due to all these factors, the telecare market is expected to grow significantly over the forecast period.
Telecare is a rapidly developing aspect of healthcare in the United States, due to the country’s strong adoption of innovative healthcare technologies and the growing burden of chronic diseases. Telecare has improved care management, improved patients’ quality of life and significantly reduced healthcare costs.
Additionally, according to data shared by the National Library of Medicines, chronic wounds are estimated to affect 2% of the population in the United States. Chronic wounds have a negative impact on people all over the world. According to a 2016 study in Wales, chronic wounds affect 6% of the population, costing the NHS 5.5% of its budget.
Key companies profiled in the report include
Johnson & Johnson
AllScripts Healthcare Solutions, Inc.
Samsung Electronics Co., Ltd.
Main topics covered:
Chapter 1. Market Scope and Methodology
1.3 Market Scope
1.4.1 North America Remote Assistance Market, by Product Type
1.4.2 North America Telecare Market, by Country
1.5 Research Methodology
Chapter 2. Market Overview
2.2 Key Factors Impacting the Market
Chapter 3. Competitive Analysis – Global
3.1 Cardinal matrix of the editor
3.2 Recent Industry-Wide Strategic Developments
3.2.1 Partnerships, collaborations and agreements
3.2.2 Product launches and product extensions
3.2.3 Acquisitions and mergers
3.3 Main winning strategies
3.3.1 Key Primary Strategies: Percentage Breakdown (2017-2021)
3.3.2 Key Strategic Movement: (Partnerships, Collaborations and Agreements: 2020, March – 2021, December) Key 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 Canadian 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. Business Profiles
6.1 Presentation of the company
6.2 Financial analysis
6.3 Sectoral and regional analysis
6.4 Research and development costs
6.5 Strategies and recent developments
For more information on this report, visit https://www.researchandmarkets.com/r/qumaxn