With COVID-19 making constant headlines, any good news in the healthcare realm is more than welcome. The ongoing rise of telehealth—the distribution of health-related services and information via electronic information and telecommunication technologies—is especially promising.
Telehealth enables a variety of long-distance interactions between patients and clinicians, including care, advice, education, intervention, monitoring, and remote admissions. In cases where rural settings, lack of transportation or mobility, or lack of staff restrict peoples’ access to care, telehealth can bridge the gap.
Recent research indicates that telehealth is growing at a rapid pace. A report by Market Research Future (MRF) says the global telehealth market is on pace to see a compound annual growth rate (CAGR) of 23% between 2019 and 2024, reaching a valuation of $16.17 billion by the end of the forecast period.
Even before the Coronavirus pandemic, the telehealth sector was poised to thrive due to growing demand—and consumer preference—for sharing information using a digital platform to improve communication. Easy access to various healthcare services, cost-effective and systematic procedures, better research and development facilities, and improved technology are now more important than ever.
Telehealth is transforming care delivery across the US today, as demonstrated by two enterprise organizations that are bringing mobile-first care and positive outcomes to individuals and communities.