Telehealth Virtual Visits Market in US Strategic Assessment and Forecast Till 2021
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%
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.
A recent report published by Beige Market Intelligence 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
By Service Type
By Mode of Visits
By Payment Model
By End User Market
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?
Section 1 Research Methodology
Section 2 Executive Summary
2.1 Key Market Facts
2.2 Video Visits Segment Garners High Market Share
2.3 Service Providers Hold a Large Market Share
2.4 Vendors in the Market
Section 3 Report Coverage
3.1 Scope of Study
3.2 Base Year
Section 4 Key Findings of the Study
Section 5 Market Research Methodology
5.1 Vendor Segmentation
Section 6 Introduction
6.1 Virtual Visits
6.2 Functioning of Virtual Visits
6.3 Elements Involved in Virtual Video Visits
6.3.4 Managing visits
6.4 Technology Involved in Virtual Visits
6.4.1 Video Conferencing Platform
6.5 Advantages of Telehealth and Virtual Visits
6.6 Limitations of Telehealth and Virtual Visits
6.7 Assessment of Visits: Virtual vis-a-vis In-person
Section 7 Market Landscape
7.1 Market Overview
7.1.1 Immense Changes Expected in the Market
7.1.2 Vendors in the Market
Section 8 Key Market Growth Drivers
8.1 Increased Number of Patients Seeking Medical Care Under ACA
8.2 Reach to Rural Areas
8.3 Cost-saving Opportunities
8.4 Provision of Automatic Record-keeping
8.5 Reduced Chances of Infection Spread
8.6 Expansion of Chronic Condition and Disease Management
8.7 Increased Familiarity with Desktop and Mobile Video Services
8.8 Assessment of Market Growth Drivers
Section 9 Key Market Restraints
9.1 Limited Physical Examination
9.2 High Investment in Equipment and Technical Glitches
9.3 Concerns of Physicians
9.4 Security and Privacy
9.5 Inconsistency in Reimbursement
9.6 Uncertainty due to Malpractice Case Law
9.7 Assessment of Market Challenges
Section 10 Key Market Trends
10.1 Growing Video Consultation
10.2 Increasing Focus on Developing Patient-centric Healthcare Delivery System
Section 11 Key Market Growth Opportunity
11.1 Increasing Healthcare Access Crisis for Consumers
Section 12 Insurance Coverage for Virtual Visits
Section 13 Regulations across States
Section 14 Telehealth Virtual Visits Market by Service Offered
14.1 Service Providers: Market Size and Analysis
14.2 Key Findings
14.2.1 Service Providers
14.3 Infrastructure Providers: Market Size and Analysis
14.4 Key Findings
14.4.1 Infrastructure Providers
Section 15 Telehealth Virtual Visits by Service Type
Section 16 Telehealth Virtual Visits Market by Mode of Visit Offered by Service Providers
16.1 Video Visits: Market Size and Analysis
16.2 Audio Visits: Market Size and Analysis
16.3 Chat Consultation
Section 17 Telehealth Virtual Visits by Payment Model
17.1 Subscription-based Model
17.2 Pay-as-you-go Model
17.3 Employer-based Model
17.4 Key Findings
Section 18 End-users in the Virtual Visits Market
18.1 Healthcare Providers
18.1.1 Added value for healthcare providers
18.2 Healthcare Payers
18.2.1 Added value for healthcare payers
18.3 Employer Groups
18.3.1 Added value for employer groups
18.4.1 Added value for patients/consumers
Section 19 Business Model for Virtual Visits
19.1 Service Provider to the User
19.2 Infrastructure Provider to the Service Provider to the User
Section 20 Role of Healthcare Applications in Virtual Visits
20.1 Role of Mobile Applications in Healthcare
20.2 Virtual Visits and Healthcare Applications
20.3 Illustrations of Healthcare Applications for Virtual Visits
Section 21 Video Visits - The Next Revolution in the Healthcare Industry
Section 22 Future Prospect of Virtual Visits Market
22.1 Value Proposition by Telehealth Virtual Visits
22.1.2 Chronic Health Issue
22.1.3 Second Opinion
Section 23 Market Penetration Analysis
Section 24 Vendor Landscape - Service Providers
24.1 Carena Inc.
24.2 eVisit Inc.
24.4 MeMD Inc.
24.5 PlushCare Inc.
24.7 Stat Health Services Inc.
24.10 meVisit Technologies
24.11 LiveHealth Online
24.12 Specialists on Call
24.13 Second Opinions
24.15 AmeriDoc LLC.
Section 25 Market Share Analysis - Service Providers
25.1 Teladoc, Inc.
25.2 MDLIVE, Inc.
25.3 American Well Corp.
25.4 Doctor on Demand Inc.
Section 26 Vendor Landscape - Infrastructure Providers
Section 27 Vendor Landscape - Value-added Partners
27.3 Go Telecare
Section 28 Competitive Landscape
Section 29 Key Vendor Analysis - Service Providers
29.1 Teladoc Inc.
29.1.1 About the Company
29.1.2 Product/Service Offerings
29.2 MDLIVE Inc.
29.2.1 About the Company
29.2.2 Product/Service Offerings
29.3 Doctor On Demand Inc.
29.3.1 About the Company
29.3.2 Product/Service Offerings
29.4 American Well Corp.
29.4.1 About the Company
29.4.2 Product/Service Offerings
29.5 HealthTap Inc.
29.5.1 About the Company
29.5.2 Product/Service Offerings
Section 30 Key Vendor Analysis - Infrastructure Providers
30.1.1 About the Company
30.1.2 Solution/Service Offerings
30.2.1 About the Company
30.2.2 Solution/Service Offerings
30.3 swyMed, Inc.
30.3.1 About the Company
30.3.2 Solution/Service Offerings
Section 31 Key Vendor Analysis - Value-added Providers
31.1 CelScope Inc.
31.1.1 About the Company
31.1.2 Product/Solution/Service Offerings
31.2.1 About the Company
31.2.2 Product/Solution/Service Offerings
31.3 iHealth Labs
31.3.1 About the Company
31.3.2 Product/Solution/Service Offerings
Section 32 Key Industry Insights
Section 33 Analyst Corner
33.1 Analyst Excerpts
Section 34 Summary of the Report
Section 35 Appendix
35.1 List of Abbreviations
Exhibit 1 Segmentation of Telehealth and Virtual Visit Market
Exhibit 2 Market Size Calculation - Bottom-Up Approach
Exhibit 3 Market Size Calculation - Top-Down Approach
Exhibit 4 Telehealth and Virtual Visits Market in the US 20152021 (US$ Million)
Exhibit 5 Number of Physicians in the US 20132020
Exhibit 6 Assessment of Market Growth Drivers
Exhibit 7 Assessment of Market Restraints
Exhibit 8 Amount Paid by Medicare for Telehealth
Exhibit 9 Telehealth Virtual Visits Market Share by Service Offered
Exhibit 10 Telehealth Virtual Visit Market in US by Service Provider 20152021 (US$ Million)
Exhibit 11 Service Providers Market in 20152021 (US$ Million)
Exhibit 12 Infrastructure Providers Market in 20152021 (US$ Million)
Exhibit 13 Telehealth Virtual Visits Market Share by Mode of Visit
Exhibit 14 Video Visits Market in the US 20152021 (US$ million)
Exhibit 15 Audio Visits Market in the US 20152021 (US$ million)
Exhibit 16 Telehealth and Virtual Visits Market Size by Mode of Visit (2015-2021)
Exhibit 17 Chat Consultation Market in the US 20152021 (US$ million)
Exhibit 18 Business Model, Service Provider to the User
Exhibit 19 Business Model, Infrastructure Provider to the Service Provider to the User
Exhibit 20 Use of Telehealth Services
Exhibit 21 Rating of Telehealth Services
Exhibit 22 Likelihood of Using Telehealth Services in Future
Exhibit 23 Use of Telehealth Services in Past Two Years by Gender, US, 2015
Exhibit 24 Use of Telehealth Services in Past Two Years by Age, US, 2015
Exhibit 25 Use of Telehealth Services in Past Two Years by Region, US, 2015
Exhibit 26 Use of Telehealth Services in Past Two Years by Income, US, 2015
Exhibit 27 Rating of Telehealth Services by Gender
Exhibit 28 Rating of Telehealth Services by Age
Exhibit 29 Rating of Telehealth Services by Region
Exhibit 30 Rating of Telehealth Services by Income
Exhibit 31 Likelihood to Use Telehealth Services in the Future by Gender
Exhibit 32 Likelihood to Use Telehealth Services in the Future by Age
Exhibit 33 Likelihood to Use Telehealth Services in the Future by Region
Exhibit 34 Likelihood to Use Telehealth Services in the Future by Income
Exhibit 35 Likelihood to Pay for Expanded Health Analysis on Mobile Applications by Gender
Exhibit 36 Likelihood to Pay for Expanded Health Analysis on Mobile Applications by Age
Exhibit 37 Likelihood to Pay for Expanded Health Analysis on Mobile Applications by Region
Exhibit 38 Likelihood to Pay for Expanded Health Analysis on Mobile Applications by Income
Exhibit 39 Number of Virtual Visits achieved by Leading Players 2015
Exhibit 40 Competitive Landscape, by Tier of Companies
Exhibit 41 Key Industry Insights (1/2)
Exhibit 42 Key Industry Insights (2/2)
Exhibit 43 Market Size Comparison between Remote Patient Monitoring and Telehealth Virtual Visits in US 20152021
Exhibit 44 Descriptive Summary of global Telehealth and Virtual Visit Market
Exhibit 45 Telehealth Virtual Visit Market in US by Service Provider 20152021 (US$ Million)
Exhibit 46 Telehealth Virtual Visit Market in US by Mode of Visit 20152021 (US$ Million)
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Notes:Sales, means the sales volume of TelehealthRevenue, means the sales value of TelehealthThis report studies Telehealth in China market, focuses on the top players in China market, with capacity, production,
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