Telehealth Market is Anticipated to Reach $ 255.8 Billion by 2026

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Telehealth Market is Anticipated to Reach $ 255.8 Billion by 2026

Convenience towards Telehealth as Coronavirus Rages, but What’s the Downside?

 A recent survey revealed that patients who opted for virtual healthcare during the pandemic want it to be a customary part of health support in the forthcoming days. This all links to the constant buzz around telehealth. As per the Kyruus’ survey of 1,000 patients, it was found that more than 75% said they were very or absolutely pleased with the virtual care they had received, and 96% said it was rather very or extremely easy to place a visit. Nonetheless, a vast majority of the patients also mentioned they left the visit without knowing the next steps – proposing that healthcare providers still have a part to play in follow-up care. The enduring proclivity for virtual care will elevate the telehealth industry. According to a report published by Fortune Business Insights, Telehealth Market is projected to reach USD 255.8 billion by the end of 2026

Reliance on Telehealth

Visiting a healthcare facility can be a viable option for some meanwhile, other people are wholly and solely relying on virtual care during the global pandemic. This could be the reason for greater leverage: If one doesn’t rely on telehealth, what does it rely on? The rate of in-person clinic visits in the US has decreased rapidly. Perhaps, the actual cause could be something else. Let’s find out!

By far, 100 theories and studies suggest that this digital transformation will resolve major healthcare problems for patients and doctors. That being said, the authentic evidence denotes another concept: The use of telehealth has skyrocketed because people visiting hospitals and healthcare centers had seen their original appointments canceled or postponed. Nearly 73% of respondents had a preexisting appointment canceled or postponed, either because of their provider action or their own accord.

Patients have a variety of technological platforms to choose from to access virtual care.  There are specific healthcare applications such as Amwell and Teladoc, which accounted for 34% of all visits. Patients are also very much aware of the traditionally non-healthcare platforms such as facetime, zoom, and skype, which have seen a spike in their usage, especially because of the pandemic. While as good as it may sound, the restoration process of patients’ appointments can be a tangible outcome. Healthcare organizations have the chance to tap into virtual care as an evolved party with increased patients.

Telehealth Market is Anticipated to Reach $ 255.8 Billion by 2026