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Pulished Date April, 2021
ID: 9362
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UK Telehealth Market Size & Growth Analysis Report – Segmented By Component (Services, Software and Hardware), Delivery Mode, End Users and Country - Industry Stats, Share, Trends and Forecast (2021 to 2026)

Pulished: April, 2021
ID: 9362
Pages: 160

UK Telehealth Market Size (2021 to 2026)

The UK telehealth market is anticipated to rise at double-digit of 10.4% CAGR from 2021 to 2026 due to the growing aging population and increasing healthcare costs.

Telehealth is the delivery of healthcare services such as health evaluations using telecommunications infrastructure from remote locations.

The increasing need to monitor patients and treat them for chronic illnesses from remote locations propels the telehealth market in the United Kingdom. Also, technological advancements within telecommunications and evolving wireless self-monitoring healthcare devices are expected to drive the market. In addition, the proliferation of chronic diseases and the rising geriatric population in the United Kingdom drives the market growth. Furthermore, in the recent past, due to the sudden emergence of the covid-19 pandemic, the demand for telehealth has rapidly increased. 

Additionally, increasing awareness among the people in the country about digital health and growing acceptance is most likely to increase the market revenue. As the NHS struggles to keep up with expanding demand, the telehealth Services industry in the UK is projected to profit from changing demographics and structural problems influencing the healthcare system, including an aging population, staffing constraints, and resource limitations. People will also be able to seek health information and assistance online through various NHS-approved applications, which will be reinforced by face-to-face treatment when necessary. On the other hand, the proliferation of cardiovascular disease, home monitoring for the treatment, and reducing the cost of chronic therapies are projected to propel market growth.

Furthermore, factors that drive the UK telehealth market are the rise in the number of cancer patients. An investment made by the government and the proper quality service, which is available for the ordinary people, having more knowledge about the health also propels the market. Increasing focus on the construction of healthcare centers with the trending equipment that promotes market growth. The rise in the commonness of chronic diseases and the continuous flow of investments from both the public and private sectors will drive the regional market. An increase inspired the growth of the UK market in the particular importance of healthcare information technology (HIT) within the area.

The rise in 4G and 5G technology and the increasing acceptance of telemedicine in the UK will offer an opportunity for the market players.

The extent success rate in decreasing outpatient attendance and concerns associated with the security of the medical data are the factors that hamper the market growth in the UK. The challenges that the UK telemedicine market faces is less adoption rate, lack of support from a physician, lack of ability to be maintained at a certain level of business models, secured data and availability of less information, access to patient long term medical record, and occurrence of data at the same time with NHS.

This research report on the UK telehealth market has been segmented based on component, delivery, end-users, and country:

By Component: 

  • Services
  • Software
  • Hardware

By Delivery: 

  • Web-based
  • Cloud-Based
  • On-premise

By End Users: 

  • Providers
  • Patients
  • Payers
  • Other End Users

By Country:

  • United Kingdom

Geographically, The UK telehealth market is highly focused along with the number of market key players. The UK is anticipated to account for the largest share of the telehealth market during the forecast period. Rising healthcare infrastructure and increasing burden on chronic diseases are major growth factors in the country. The increasing focus on developing healthcare centers with the most up-to-date equipment boosts the market's growth pace. The digitalization of healthcare in the country and the prevalence of chronic disorders are the major growth factors. Other factors such as the growing geriatric population and increasing spending on public healthcare by the government are most likely to uplift the market growth. During the pandemic COVID-19 period, telemedicine has emerged as a critical component of healthcare in the United Kingdom, and the people have significantly accepted it. As a result, the market has accounted for significant growth and most likely to witness rapid growth over the forecast period. On the other hand, High literacy rates and an improved socioeconomic condition are growth factors for the industry. At the same time, an aging population and a considerable increase in chronic illness patients will drive market expansion throughout the projection period.

KEY MARKET PLAYERS:

Some of the leading companies dominating the United Kingdom Telehealth Market covered in this report are Care Innovation, Doro Care, Living safely, TeleHealth Solutions, Appello, Tec Angel, Tunstall, and Tynetec.

  1. Introduction
    1. Market Definition
    2. Study Deliverables
    3. Base Currency, Base Year and Forecast Periods
    4. General Study Assumptions
  2. Research Methodology
    1. Introduction
    2. Research Phases
        1. Secondary Research
        2. Primary Research
        3. Econometric Modelling
        4. Expert Validation
    3. Analysis Design
    4. Study Timeline
  3. Overview
    1. Executive Summary
    2. Key Inferences
    3. New Developments
  4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
    1. Market Drivers
    2. Market Restraints
    3. Key Challenges
    4. Current Opportunities in the Market
  5. Market Segmentation
    1. By Component
      1. Services
        1. Remote monitoring
        2. Real time interactors
        3. Store and forward consulting
      2. Software
        1. Integrated
        2. Standalone
      3. Hardware
        1. Monitors
        2. Medical Peripheral Devices
          1. Blood Pressure Monitors
          2. Blood Glucose Meters
          3. Weight Scales
          4. Pulse Oximeters
          5. Peak Flow Meters
          6. ECG Monitors
          7. Others
      4. Y-o-Y Growth Analysis, By Component
      5. Market Attractiveness Analysis, By Component
      6. Market Share Analysis, By Component
    2. By Delivery
      1. Web -based
      2. Cloud-Based
      3. On-premise
      4. Y-o-Y Growth Analysis, By Delivery
      5. Market Attractiveness Analysis, By Delivery
      6. Market Share Analysis, By Delivery
    3. By End-User
      1. Providers
      2. Patients
      3. Payers
      4. Other End Users
      5. Y-o-Y Growth Analysis, By End-User
      6. Market Attractiveness Analysis, By End-User
      7. Market Share Analysis, By End-Use
  6. Geographical Analysis
    1. Introduction    
      1. Regional Trends   
      2. Impact Analysis    
      3. Y-o-Y Growth Analysis        
        1. By Geographical Area
        2. By Component
        3. By Delivery
        4. By End-User
      4. Market Attractiveness Analysis      
        1. By Geographical Area
        2. By Component
        3. By Delivery
        4. By End-User
      5.      Market Share Analysis   
        1. By Geographical Area
        2. By Component
        3. By Delivery
        4. By End-User
    2. United Kingdom
  7. Strategic Analysis
    1. PESTLE analysis
      1. Political
      2. Economic
      3. Social
      4. Technological
      5. Legal
      6. Environmental
    2. Porter’s Five analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Consumers
      3. Threat of New Entrants
      4. Threat of Substitute Components and Services
      5. Competitive Rivalry within the Industry
  8. Market Leaders' Analysis
    1. American Well
      1. Overview
      2. Component Analysis
      3. Strategic Evaluation and Operations
      4. Financial analysis
      5. Legal issues
      6. Recent Developments
      7. SWOT analysis
      8. Analyst View
    2. GlobalMed
    3. Teladoc Health, Inc.
    4. Dictum Health, Inc., LLC
    5. InTouch Technologies, Inc.
    6. Doctor on Demand, Inc.
    7. MDLIVE Inc.
    8. Encounter Telehealth
    9. HelloMD
    10. SnapMD, Inc.
  9. Competitive Landscape
    1. Market share analysis
    2. Merger and Acquisition Analysis
    3. Agreements, Collaborations and Joint Ventures
    4. New Component Launches
  10. Market Outlook and Investment Opportunities
  11. Appendix
    1. List of Tables
    2. List of Figures  
  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. UK Telehealth Market, By Services, From 2021 to 2026 (USD Billion)
  2. UK Software Market, By Region, From 2021 to 2026 (USD Billion)
  3. UK Hardware Market, By Region, From 2021 to 2026 (USD Billion)
  4. UK Telehealth Market, By Delivery, From 2021 to 2026 (USD Billion)
  5. UK Web-Based Market, By Region, From 2021 to 2026 (USD Billion)
  6. UK Cloud-Based Market, By Region, From 2021 to 2026 (USD Billion)
  7. UK On-Premise Market, By Region, From 2021 to 2026 (USD Billion)
  8. UK Telehealth Market, By End-Users, From 2021 to 2026 (USD Billion)
  9. UK Providers Market, By Region, From 2021 to 2026 (USD Billion)
  10. UK Patients Market, By Region, From 2021 to 2026 (USD Billion)
  11. UK Payers Market, By Region, From 2021 to 2026 (USD Billion)

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