The Telehealth includes the use of communications technology for providing the healthcare services for patients who are not visiting with their healthcare provider in person. The COVID-19 outbreak has interrupted the medicine and the delivery of healthcare worldwide. The urgency of the social distancing has increased the demand for telehealth for evaluating, managing, and tracking the COVID-19 patients without the necessity for the personal examination.
According to the CmaxInsight, the Telehealth has witnessed drastic growth due to the COVID-19 outbreak. The significant market growth is observed in the remote patient monitoring (RPM) segment and the virtual visits.
Benefits of Telehealth during the Coronavirus Outbreak
- Eliminates the need for physical contact between patient and provider
- Patients can schedule virtual visits easily
- It is easy for the physicians to treat the patients virtually and tracking them through Remote Patient Monitoring
- Medicines can be e-prescribed and adherence tracked
- Several tools for self- examining the patients are available
- Easy to gather and analyzed the patient-generated health data
- It easily provides the essential services to patients who reside in areas that do not have enough primary care physicians or specialists
- It can be used in a clinical trial or post-market (Phase 4) trial.
- Mobile health (mHealth) devices or personal emergency response systems (PERS) can trigger alerts
- These apps increase the coverage and communication with a patient
Opportunities for Telehealth Suppliers
| Segments | Description |
| Virtual Visits | Remote evaluation of patients with symptoms or a known history of direct contact |
| RPM | Tracking of temperature & other biometric indicators for flagged patients |
| mHealth Wearables and Apps | Education & management of patients Monitoring the adherence of medications |
| PERS | Examining patient well-being and sleep patterns |
| Remote Consultation Services | Virtual meetings of medical experts for sharing the views |
| Data Analytics | Leveraging meeting media and content from third-party apps |
| Virtual Triaging | Determining which patients to visit first |
| Robotics | It is easy for the robotic attendants to enter the high-risk environments and to attend the patients as per the requirement |
Major Telehealth Providers
Market Drivers
- Ability to perform an accurate remote examination on the contagious patients
- Availability of the Value-based reimbursements
- Employee telehealth offerings at per-member, per month rates along with the usage rates
Market Barriers
- Lack of standard reimbursement rates
- Security & privacy concerns
- Interoperability & integration issues
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