“The telehealth virtual visits market in the US is expected to reach approx. US$813.29 million in 2021 growing at a CAGR of 17.9%” According to Big Market Research
Virtual visits are professional medical services, which permit users or patients to use tablets, laptops, desktops, or telephonic devices to connect with physicians through e-mails or the internet. Virtual visits can be conducted through several mediums such as telephone, video chat, e-mail, or a session held over a patient portal. The medium of Video chats is currently the most popular medium of virtual visits.
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A recent report provides an in-depth analysis of the telehealth virtual visits market in US. The market research report considers the present scenario and the growth aspect of the telehealth virtual visits market in US for the period of 2016- 2021. The report includes the market growth drivers, trends, and restraints. The report gives a market segmentation
By Services Offered
• Service Provider
• Infrastructure Provider
By Service Type
By Mode of Visits
• Video Visit
• Audio Visit
• Chat Consultation
By Payment Model
• Subscription-based Model
• Pay-as-you-go Model
• Employer-based Model
By End – User Market
• Healthcare Providers
• Healthcare Payers
• Employer Groups
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Telehealth Virtual Visits Market in US – Market Size and Forecast
The telehealth virtual visits market is among the fast growing market in the telemedicine sector. The segments like service providers are the largest revenue-generating segment of the market. Both the service provider market segment and infrastructure provider market segment are expected to grow with high CAGR of more than 18 % and 16% respectively. The mode of visits offered by the service provider are video visits, audio visits and chat consultation. Among which the video visit mode is going to witness a huge growth. As per the market analysts at Beige Market Intelligence the telehealth virtual visit market in US is expected to reach approx. US$813.29 million in 2021 growing at a CAGR of 17.9%.
Telehealth Virtual Visits Market – Trends, Drivers and Challenges
Reach to rural areas, saving costs, automatic record-keeping, and virtual waiting room to avoid spread of infection are factors driving the growth of the market. In addition, rising crisis to access care is likely to create opportunity for virtual visits in the country. However, virtual visits provide a limited physical examination, involve high investment in equipment, is susceptible to technical glitches, lack provider acceptance, and have security and privacy concerns. These factors are likely to limit the growth of the market.
Telehealth Virtual Visits Market – Market Share and Key Vendors
The report Telehealth Virtual Visits Market in US also provides the competitive landscape of the key players. The report covers the players operating in the entire value chain of the market.
The major vendors among the service providers included in the report are
Teladoc Inc., MDLIVE Inc., American Well Corp., Doctor On Demand Inc. and HealthTap Inc..
The other leading service providers in the market are
Carena Inc., eVisit Inc., iSelectMD, MeMD Inc., PlushCare Inc., Ringadoc, Stat Health Services Inc., Zipnosis, Virtuwell, meVisit Technologies, LiveHealth Online, StatDoctors, Specialists on Call, Second Opinions, AmeriDoc LLC., 2nd.MD and InteractiveMD.
The major vendors in the infrastructure providers market are
swyMed Inc., Vidyo, VSee.
The other vendors included in the report are
Cellscope Inc., GoTelecare, iHealth Labs.
Why Should you buy Telhealth and Virtual Visits Market in US report?
The report Telehealth Virtual Visits Market in US Strategic Assessment and Forecast till 2021 gives reasonable answers the following key questions about the telehealth virtual visit market in US:
1) How has the market been performing and what are some of the current changes which are expected to change the landscape in the coming years?
2) What are the various factors that can affect the market and in what way over the next few years?
3) What are the emerging trends and challenges for the market over the next five years?
4) What are the prospects of Telehealth Virtual Visits Market in US?
5) Which segments are going to have the largest market share and what are the factors propelling the market growth of the segments?
6) Which companies are the leading service providers in the market?
7) Which are the emerging service providers in the market?
8) Which companies are the leading and emerging infrastructure providers in the market?
9) What are the strategies used by the top vendors, and what are the opportunities to grow?
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