On-Demand Healthcare Market Size with Latest Trends & Technological Advancement 2020-2025 | Teladoc Health, Inc., HealthTap, Inc., OTHRSource, SolvHealth, Ambeee
Pune, Maharashtra, India, August 24 2020 (Wiredrelease) Brandessence Market Research and Consulting Pvt ltd –: In its latest report on On-Demand Healthcare Market provides a concise analysis of the recent market trends. The report further includes statistics, market forecasts and revenue estimations, which in addition highlights its status in the competitive domain as well as expansion trends adopted by major industry players.
On-Demand Healthcare connects patients to the healthcare providers available in real time through websites, mobile apps or even home visits. An on-demand healthcare service includes finding support with follow-up appointments, mental health therapy, some specialist care and a variety of minor accidents and illnesses. The medical necessities are increasing due to pollution, unhealthy lifestyle and excessive fast-food consumption. For hospitals, coping with a large number of patients sometimes gets difficult. With a nationwide shortage of primary care doctors and specialists as well as longer waiting times for emergency treatment and hospital ERs, it is clear that on-demand healthcare is a welcome in the market. Most people skip hospital visits because they are unsure about the quality of doctors or the severity of their illness. Some patients seek self-medication which is harmful and often proves fatal. For these kind of patient on demand healthcare is blessings. In recent days either the patient needs to visit the hospital or contact the doctor over the phone about a home visit. But now this old-fashioned trend is revolutionized by the digital transformation through innovative software solutions. With fast appointments, greater access to treatment & the opportunity to bypass the waiting time, avoid crowding and germy waiting rooms, on-demand healthcare is gaining rapid attention. A significant advantage of on demand healthcare is that it is instant medical services; scheduling appointment is easier also it can assist in emergencies.
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The global healthcare on demand market is segmented on the basis of product, end user, type of service, region and country level. On the basis of product, the global on-demand healthcare market is classified into apps, website and home visits. On the basis of end user, the global on-demand healthcare market is segmented into individuals, professionals and hospitals. On the basis of type of service, the global on-demand healthcare market is segmented into testing, screening and monitoring, therapeutic, mobility care.
The regions covered in global on demand healthcare market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, global on-demand healthcare market sub divided in U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
On-Demand Healthcare Manufacturers:
Global On-demand healthcare market reports cover prominent players,
Teladoc Health, Inc. HealthTap, Inc. OTHRSource SolvHealth Ambeee UnderWing Health Doctor On Demand, Inc. doctor on demand practo talkspace others
Global On Demand Health care Market Dynamics –
Growing adoption of universally advanced technologies like mobile and internet connected devices in healthcare sector drives the on-demand healthcare market owing to the mobile health platforms’ current scenario is growing day by day. The devices like mobile, desktop or any other internet connected devices bond the patients and hospital to approach virtual caring on the demand of patients at any time and from anywhere. As of April 2020, according to statistics, about 4.57 billion people were active internet users, representing around 59 % of the world’s population. The total number of internet users worldwide has risen over 800,000 new users every day by 301 million in the last 12 months. The average global Internet user spends over 6.5 hours online per day. Added together, web users worldwide will spend more than 1.25 billion years of human life online by 2020 alone. This growing acceptance of mobile health technology and is likely to be a common trend in the on demand healthcare industry.
Another factor which drives the health on demand market is increasing aging population. Elder people who are unable to visit hospital or clinics prefer on demand healthcare services which leads to growth of the on-demand healthcare market. According to WHO in 2018, number of people with age 80 or older was about 125 million. While, WHO estimated that proportion of the world’s population over 60 years will almost double from 12% to 22% between 2015 and 2050. The development of the on demand healthcare market is hindered by some barriers, such as large investments, lack of trained IT professionals and concerns regarding data security for patients. Specific technological advancements such as mobile solutions and customer-centric systems will build opportunities for the on demand healthcare market during the forecast period.
On-Demand Healthcare Market Regional Analysis –
North America is having a large market in on demand healthcare because of well-established infrastructure and healthcare technology is rapidly being implemented. For example, according to a study published in the JMIR Mhealth Uhealth Journal in October 2016, about 58.23 % of smartphone users participating in the U.S. survey have downloaded and used healthcare apps and used them for different purposes. More than 60 % of Americans are open to virtual healthcare, as demonstrated by approximately 1.2 million American patients who were estimated to have provided some form of treatment via visits to the virtual doctor according to a recent Wall Street Journal survey in 2016.
Europe is also dominating the global on-demand healthcare market due to the presence of aging population. According to Eurostat about one-fifth which accounts around 19% of the EU population was age 65 and older in 2018. Statisca states, Italy became the European country with the highest proportion of the elderly population in 2019. More precisely, people with age 65 and older were around 22.8 % of the total population in Italy. In addition, in the ranking Greece and Portugal came in.
The Asia Pacific is expected to show high growth for on demand healthcare in the global market, with China and India becoming the fastest growing Asia-Pacific markets. Nearly 1.90 billion internet users will be residing in Asia-Pacific in 2017 making up more than half of the world’s digital population. This year, China will have 771.9 million internet users, or 40.7 % of the region’s digital public.
Key Benefits for On-Demand Healthcare Market Reports –
Global demand for healthcare market report covers in depth historical and forecast analysis.
Global on-demand healthcare market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global demand for healthcare services market report helps to identify opportunities in market place.
Global on-demand healthcare market report covers extensive analysis of emerging trends and competitive landscape.
On-Demand Healthcare Market Segmentation –
By Product: Apps, Website, Home Visits
By End User: Individuals, Professionals, Hospitals
Type of Service: Testing, Screening and Monitoring, Therapeutic, Mobility Care
Regional & Country Analysis
North America, U.S., Mexico, Canada , Europe, UK, France, Germany, Italy , Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of Middle East and Africa
Table of Content
1. Chapter – Report Methodology
1.1. Research Process
1.2. Primary Research
1.3. Secondary Research
1.4. Market Size Estimates
1.5. Data Triangulation
1.6. Forecast Model
1.7. USP’s of Report
1.8. Report Description
2. Chapter – Global On-Demand Healthcare Market Overview: Qualitative Analysis
2.1. Market Introduction
2.2. Executive Summary
2.3. Global On-Demand Healthcare Market Classification
2.4. Market Drivers
2.5. Market Restraints
2.6. Market Opportunity
2.7. On-Demand Healthcare Market: Trends
2.8. Porter’s Five Forces Analysis
2.9. Market Attractiveness Analysis
3. Chapter – Global On-Demand Healthcare Market Overview: Quantitative Analysis
4. Chapter – Global On-Demand Healthcare Market Analysis: Segmentation By Type
5. Chapter – Global On-Demand Healthcare Market Analysis: Segmentation By Application
Continued…
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