The Australian Telehealth Market report comprehensively covers the market by type, components, and products. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/ high growth areas, market drivers, which would help stakeholders to devise and align their market strategies according to the current and future market dynamics.
Australian Telehealth Market Synopsis
Australia's Telehealth Market witnessed significant growth during the period 2017-2020 underpinned by government initiatives to promote telehealth in Australia. Moreover, the outbreak of the COVID-19 pandemic acted as a boon for the telehealth market owing to the social distancing norms which accelerated the use of telehealth services as the people were reluctant to visit hospitals for checkups due to virus. Furthermore, the stringent lockdown imposed across the country forced the people to stay at home and step out only, if necessary, which pushed them to use self-monitoring devices for their routine checkups and video consultations from telehealth services for consulting doctors.
According to the publisher, Australia's Telehealth Market size is projected to grow at a CAGR of 0.7% during 2021-27. Government support in the form of subsidies, growing aged population, benefits such as reduction in waiting time and access to diagnosis & prescriptions from anywhere across the country would bolster the growth of telehealth across the country in the forthcoming years. The growth in the telehealth market of Australia can be further attributed to the factors such as the increasing number of people suffering from chronic diseases amongst the Australian population, overcrowding of hospitals and the need to reduce healthcare expenditure. Moreover, the technologies like IoT, artificial intelligence, cloud and machine learning would give a major boost to the market owing to the efficiency and security they can provide for remote monitoring of patients.
The services segment led the Australian telehealth market in 2020 on account of the increasing number of doctors and hospitals joining the telehealth industry for providing healthcare services to the patients remotely and the increased emphasis on patient monitoring for elderly people and covid-19 patients. This trend is anticipated to persist during the forecast period as well owing to increasing adoption of virtual consultations, time convenience, booming internet penetration and companies coming up with innovative ideas for providing better services to the patients remotely. The tele-hospitals segment accounted for the largest revenue share in 2020 as major hospitals had started virtual consultations under the digitization model of the Australian government especially during the critical times of COVID-19 when social distancing is a must. In the forecast period, tele-hospitals are expected to retain their dominancy owing to the rising adoption of virtual consultations, ease of home delivery of medicines and faster and convenient doctor appointments.
Market Analysis by Types
On the basis of types, the tele-hospitals segment accounted for the largest revenue share in Australia telehealth market revenues in 2020 as major hospitals had started virtual consultations under the digitization model of the Australian government especially during the critical times of covid-19 when social distancing is a must.
Market Analysis by Components
On the basis of components, Integrated software held the majority market share in the Australian telehealth software market in 2020 owing to its diversified functionalities as compared to standalone software. Integrated software has given an edge to the service providers in providing multiple services through a single platform.
Key Attractiveness of the Report
- COVID-19 Impact on the Market.
- 10 Years Market Numbers.
- Historical Data Starting from 2017 to 2020.
- Base Year: 2020
- Forecast Data until 2027.
- Key Performance Indicators Impacting the Market.
- Major Upcoming Developments and Projects
Key Highlights of the Report
- Australia Telehealth Market Overview
- Australia Telehealth Market Outlook
- Australia Telehealth Market Forecast
- Historical Data and Forecast of Australia Telehealth Market Revenues for the Period 2017-2027F
- Historical Data and Forecast of Market Revenues, By Type for the Period 2017-2027F
- Historical Data and Forecast of Market Revenues, By Components for the Period of 2017-2027F.
- Market Drivers
- Market Restraints
- Australia Telehealth Market Trends
- Industry Life Cycle
- Porter’s Five Force Analysis
- Market Opportunity Assessment
- Australia Telehealth Market Share/Ranking, By Companies
- Market Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
- Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
By Types
- Tele Hospitals
- Tele Homes
- mHealth (Mobile Health)
By Components
- Products
- Software
- Integrated
- Standalone
- Hardware
- Medical Peripheral Devices
- Monitors
- HD
- Full HD
- 4K/8K
By Services
- General Practitioner
- Specialist Consultation
- Mental Health Consultation
- Nurse Practitioner Consultation
- Allied Health Consultation
Table of Contents
1. Executive Summary
2. Introduction
2.1 Report Description
2.2 Key Highlights of the Report
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3. Australia Telehealth Market Overview
3.1 Australia Telehealth Market Revenues, 2017-2027F
3.2 Australia Telehealth Market Industry Life Cycle
3.3 Australia Telehealth Market Porter’s Five Forces
4. Australia Telehealth Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5. Australia Telehealth Market Trends
6. Australia Telehealth Market Overview, By Types
6.1 Australia Telehealth Market Revenue Share, By Types, 2020 & 2027F
6.2 Australia Telehealth Market Revenues, By Types, 2017-2027F
6.2.1 Australia Tele hospitals Market Revenues, 2017-2027F
6.2.2 Australia mHealth Market Revenues, 2017-2027F
6.2.3 Australia Tele homes Market Revenues, 2017-2027F
7. Australia Telehealth Market Overview, By Components
7.1 Australia Telehealth Market Revenue Share, By Components, 2020 & 2027F
7.1.1 Australia Telehealth Market Revenues, By Components, 2017-2027F
7.1.1.1 Australia Telehealth Products Market Revenues, 2017-2027F
7.1.1.2 Australia Telehealth Services Market Revenues, 2017-2027F
7.1.2 Australia Telehealth Products Market Revenue Share, By Type, 2020 & 2027F
7.1.2.1 Australia Telehealth Products Market Revenues, By Type, 2017-2027F
7.1.2.1.1 Australia Telehealth Software Market Revenues, 2017-2027F
7.1.2.1.2 Australia Telehealth Hardware Market Revenues, 2017-2027F
7.1.3 Australia Telehealth Software Market Revenue Share, By Type
7.1.3.1 Australia Telehealth Standalone Software Market Revenues, 2017-2027F
7.1.3.2 Australia Telehealth Integrated Software Market Revenues, 2017-2027F
7.1.4 Australia Telehealth Hardware Market Revenue Share, By Types
7.1.4.1 Australia Telehealth Medical Peripheral Devices Market Revenues, 2017-2027F
7.1.4.2 Australia Telehealth Monitors Market Revenues, 2017-2027F
7.1.4.2.1 Australia Telehealth Monitors Market Revenue Share, By Video System Resolution Types
7.1.4.2.1.1 Australia Telehealth Monitors Market Revenues, By HD Resolution, 2017-2027F
7.1.4.2.1.2 Australia Telehealth Monitors Market Revenues, By Full HD Resolution, 2017-2027F
7.1.4.2.1.3 Australia Telehealth Monitors Market Revenues, By 4K/8K Resolution, 2017-2027F
7.1.5 Australia Telehealth Services Market Revenue Share, By Type, 2020 & 2027F
7.1.5.1 Australia Telehealth Services Market Revenues, By Type, 2017-2027F
7.1.5.1.1 Australia Telehealth Services Market Revenues, By Specialist Consultation, 2017-2027F
7.1.5.1.2 Australia Telehealth Services Market Revenues, By Mental Health Consultation, 2017-2027F
7.1.5.1.3 Australia Telehealth Services Market Revenues, By General Practitioner, 2017-2027F
7.1.5.1.4 Australia Telehealth Services Market Revenues, By Nurse Practitioner Consultation, 2017-2027F
7.1.5.1.5 Australia Telehealth Services Market Revenues, By Allied Health Consultation, 2017-2027F
8. Australia Telehealth Market Key Performance Indicators
9. Australia Telehealth Market Opportunity Assessment
9.1 Australia Telehealth Market Opportunity Assessment, By Type, 2027F
9.2 Australia Telehealth Market Opportunity Assessment, By Components, 2027F
9.3 Australia Telehealth Products Market Opportunity Assessment, By Type, 2027F
9.4 Australia Telehealth Services Market Opportunity Assessment, By Service Type, 2027F
10. Australia Telehealth Market Competitive Landscape
10.1 Australia Telehealth Market Revenue Ranking, By Companies, 2021
10.2 Australia Telehealth Market Competitive Benchmarking
10.2.1 Australia Telehealth Market Competitive Benchmarking, By Technical Parameters
10.2.2 Australia Telehealth Market Competitive Benchmarking, By Operating Parameters
11. Company Profiles
11.1 GP2U Telehealth Pty Ltd.
11.2 Visionflex Pty Ltd.
11.3 Clintel System Pty Ltd.
11.4 Doctoroo Australia Pty Ltd.
11.5 Coviu Global Pty Ltd.
11.6 Doctors on Demand Pty Ltd.
11.7 Docto Holding Pty Ltd.
11.8 SwiftDoc Pty Ltd.
11.9 Red Guava Pty Ltd.
11.10 Instant Consult Pty Ltd.
11.11 Health Engine Pty Ltd.
12. Key Strategic Recommendations
13. Disclaimer
List of Figures
Figure 1. Australia Telehealth Market Revenues, 2017-2027F ($ Million)
Figure 2. Australia Telehealth Consultations since Covid-19, Mar202-Mar 2021 (Million)
Figure 3. Australia Telehealth General Practitioner Consultations, Mar 2020 – Mar 2021 (Million)
Figure 4. Australia Telehealth Mental Health Consultations, Mar 2020 – Mar 2021 (Thousands)
Figure 5. Australia Telehealth Specialist Consultations, Mar 2020 – Mar 2021 (Thousands)
Figure 6. Australia Telehealth Nurse Practitioner Consultations, Mar 2020 – Mar 2021 (Thousands)
Figure 7. Australia Telehealth Market Revenue Share, By Type, 2020 & 2027F
Figure 8. Australia Telehealth Market Revenue Share, By Components, 2020 & 2027F
Figure 9. Australia Telehealth Products Market Revenues, 2017-2027F ($ Million)
Figure 10. Australia Telehealth Services Market Revenues, 2017-2027F ($ Million)
Figure 11. Australia Telehealth Products Market Revenue Share, By Type, 2020 & 2027F
Figure 12. Australia Telehealth Software Market Revenues, 2017-2027F ($ Million)
Figure 13. Australia Telehealth Hardware Market Revenues, 2017-2027F ($ Million)
Figure 14. Australia Telehealth Software Market Revenue Share, By Type, 2020 & 2027F
Figure 15. Australia Telehealth Hardware Market Revenue Share, By Type, 2020 & 2027F
Figure 16. Australia Telehealth Monitors Market Revenue Share, By Video System Resolution Type, 2020 & 2027F
Figure 17. Australia Telehealth Services Market Revenue Share, By Types, 2020 & 2027F
Figure 18. Percentage of Internet Users in Australia, 2014-2020
Figure 19. Number of Patients treated by telehealth providers, 2016 & 2020 (Million)
Figure 20. Number of Telehealth providers, 2018 & 2020
Figure 21. Percentage of Urban Population in Australia, FY2015-FY2020
Figure 22. Percentage of Population above 65 years in Australia, FY2000-FY2020
Figure 23. Australia Telehealth Market Opportunity Assessment, By Types, 2027F
Figure 24. Australia Telehealth Market Opportunity Assessment, By Components, 2027F
Figure 25. Australia Telehealth Products Market Opportunity Assessment, By Type, 2027F
Figure 26. Australia Telehealth Services Market Opportunity Assessment, By Type, 2027F
List of Tables
Table 1. Services, Providers and Benefits Paid from July 1, 2017-December 31,2018
Table 2. Australia Telehealth Market Revenues, By Type, 2017-2027F ($ Million)
Table 3. Australia Telehealth Software Market Revenues, By Type, 2017-2027F ($ Million)
Table 4. Australia Telehealth Hardware Market Revenues, By Type, 2017-2027F ($ Million)
Table 5. Australia Telehealth Monitors Market Revenues, By Video System Resolution Type, 2017-2027F ($ Million)
Table 6. Australia Telehealth Services Market Revenues, By Types, 2017-2027F ($ Million)
Companies Mentioned
- Clintel System Pty Ltd.
- Coviu Global Pty Ltd.
- Docto Holding Pty Ltd.
- Doctoroo Australia Pty Ltd.
- Doctors on Demand Pty Ltd.
- GP2U Telehealth Pty Ltd.
- Health Engine Pty Ltd.
- Instant Consult Pty Ltd.
- Red Guava Pty Ltd.
- SwiftDoc Pty Ltd.
- Visionflex Pty Ltd.
