Pediatric Telehealth Market Introduction and Overview
According to SPER Market Research, the Global Pediatric Telehealth Market is estimated to reach USD 301.09 billion by 2033 with a CAGR of 26.81%.
The report includes an in-depth analysis of the Global Pediatric Telehealth Market, including market size and trends, product mix, Applications, and supplier analysis. The Pediatric Telehealth Platform is a digital healthcare technology developed to deliver remote care services to children. These platforms include a variety of telemedicine capabilities, including virtual consultations, remote monitoring, and diagnostic services, all targeted at improving access to pediatric care. The increased demand for these services has been driven by technical improvements and an increasing realization of the need of accessible healthcare, particularly for pediatric patients who may face mobility issues or live in remote locations. Oracle Health and Children's National Hospital will announce the winners of the Bear Institute Pediatric Accelerator Challenge for Kids in February 2024, a competition meant to encourage start-up innovation in the digital health sector for children. Bend Health Inc., RareCareNow, Thynk Inc., and Kismet Health were recognized for their innovative efforts, including the use of telemedicine.
- Oracle and Zoom joined in April 2023 to provide telemedicine services that are easier, faster, and more efficient. Oracle and Zoom joined forces to integrate telehealth features into Oracle Cerner Millennium. This interface will allow healthcare providers to simply and swiftly access patient electronic health records during appointments, regardless of where they are in the world.
Market Opportunities and Challenges
Opportunities: Numerous long-term health issues, such as cardiovascular illnesses and type 2 diabetes, can result from childhood obesity. Pediatric obesity telehealth programs give parents and caregivers the resources they need to help their kids manage their weight through regular check-ins, exercise regimens, and video consultations with nutritionists. Therefore, a major driver driving the market's growth is the increased prevalence of chronic diseases among youngsters. Furthermore, in pediatric treatment, where early identification of possible health problems can significantly impact results, this degree of clarity is crucial. These developments ensure prompt and professional care for kids without requiring in-person visits by increasing the effectiveness of telehealth consultations and providing access to pediatric specialists who might not be available locally. As a result, these elements will support market expansion.
Challenges: It might be challenging for kids to use telehealth services since many families cannot afford the necessary technology, including cell phones or computers. The capacity of several children or family members to engage in telehealth visits may be further hampered by competition for scarce resources, such as shared computers, even in homes having such devices. Children who reside far from important pediatric healthcare facilities but require specialized treatment are disproportionately affected by the digital divide. These problems are therefore impeding the broad use of pediatric telehealth services.
Market Competitive Landscape
The Pediatric Telehealth Market is highly competitive with the presence of several key players are Teladoc Health, Inc; American Well; Mdlive; Oracle; GlobalMedia Group, LLC; Siemens Healthineers AG; Medtronic; Pediatric Partners; Anytime Pediatrics; Kiddo Health Inc.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2020-2033 |
Base year considered | 2023 |
Forecast period | 2024-2033 |
Segments covered | By Product Type, By Delivery Mode, By End-Use, By Disease Area.
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Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.
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Companies Covered | Teladoc Health, Inc; American Well; Mdlive; Oracle; GlobalMedia Group, LLC; Siemens Healthineers AG; Medtronic; Pediatric Partners; Anytime Pediatrics; Kiddo Health Inc. |
COVID-19 Impact on Global Pediatric Telehealth Market
Children's mental health needs during the pandemic were greatly met by telehealth, which offered virtual treatment and support to those suffering from anxiety, depression, and other isolation-related issues. Pediatric telemedicine was eventually adopted more quickly as a result of the pandemic, solidifying its position as a crucial element of healthcare delivery that is only expected to become more significant. Consequently, the market was positively affected by the epidemic overall.
By Product Type Insights
The services sector held the biggest revenue share in the global pediatric telehealth market in 2023, owing to rising demand for specialized healthcare services for children, particularly in distant or underserved regions. The convenience of virtual consultations, together with the emphasis on preventive and continuous pediatric care, drives the rise of telehealth services for children. Furthermore, firms are progressively investing in creating, implementing, and expanding telehealth services for the pediatric population.
Key Target Audience:
- Pediatric Healthcare Providers (Doctors, Specialists)
- Hospitals and Clinics with Pediatric Departments
- Parents and Guardians of Children
- Telehealth Service Providers
- Health Insurance Companies
- Schools and Educational Institutions
- Government and Regulatory Bodies
- Non-Governmental Organizations (NGOs) in Child Health
- Technology and Software Developers for Telehealth Platforms
- Research Organizations and Academic Institutions
- Pharmaceutical and Medical Device Companies
Our in-depth analysis of the Pediatric Telehealth Market includes the following segments:
By Product Type: | HardwareSoftwareServices |
By Delivery Mode: | On-premisesWeb-basedCloud-based |
By End-Use: | PayersProvidersPatients |
By Disease Area: | PsychiatrySubstance UseRadiologyDermatologyNeurological MedicineENTDentalOthers |
Key Topics Covered in the Report:
- Global Pediatric Telehealth Market Size (FY’2024-FY’2033)
- Overview of Global Pediatric Telehealth Market
- Segmentation of Global Pediatric Telehealth Market By Product Type (Hardware, Software, Services)
- Segmentation of Global Pediatric Telehealth Market By Delivery Mode (On-premises, Web-based, Cloud-based)
- Segmentation of Global Pediatric Telehealth Market By End-Use (Payers, Providers, Patients)
- Segmentation of Global Pediatric Telehealth Market By Disease Area (Psychiatry, Radiology, Dermatology, Neurological Medicine, ENT, Dental, Others)
- Statistical Snap of Global Pediatric Telehealth Market
- Expansion Analysis of Global Pediatric Telehealth Market
- Problems and Obstacles in Global Pediatric Telehealth Market
- Competitive Landscape in the Global Pediatric Telehealth Market
- Impact of COVID-19 and Demonetization on Global Pediatric Telehealth Market
- Details on Current Investment in Global Pediatric Telehealth Market
- Competitive Analysis of Global Pediatric Telehealth Market
- Prominent Players in the Global Pediatric Telehealth Market
- SWOT Analysis of Global Pediatric Telehealth Market
- Global Pediatric Telehealth Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPERs internal database
2.1.4. Premium insight from KOLs
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Pediatric Telehealth Market.
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTERs Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Pediatric Telehealth Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Pediatric Telehealth Market
7. Global Pediatric Telehealth Market, By Product Type (USD Million) 2020-2033
7.1. Global Pediatric Telehealth Market Size, Share and Forecast, By Product Type, 2020-2026
7.2. Global Pediatric Telehealth Market Size, Share and Forecast, By Product Type, 2027-2033
7.3. Hardware
7.3.1. Monitors
7.3.2. Medical Peripheral Devices
7.4. Software
7.4.1. Standalone Software
7.4.2. Integrated Software
7.5. Services
7.5.1. Remote Patient Monitoring
7.5.2. Real-Time Interactions
7.5.3. Store and Forward
7.5.4. Other Services
8. Global Pediatric Telehealth Market, By Delivery Mode (USD Million) 2020-2033
8.1. Global Pediatric Telehealth Market Size, Share and Forecast, By Delivery Mode, 2020-2026
8.2. Global Pediatric Telehealth Market Size, Share and Forecast, By Delivery Mode, 2027-2033
8.3. On-premises
8.4. Web-based
8.5. Cloud-based
9. Global Pediatric Telehealth Market, By End-Use (USD Million) 2020-2033
9.1. Global Pediatric Telehealth Market Size, Share and Forecast, By End-Use, 2020-2026
9.2. Global Pediatric Telehealth Market Size, Share and Forecast, By End-Use, 2027-2033
9.3. Payers
9.4. Providers
9.5. Patients
10. Global Pediatric Telehealth Market, By Disease Area (USD Million) 2020-2033
10.1. Global Pediatric Telehealth Market Size, Share and Forecast, By Disease Area, 2020-2026
10.2. Global Pediatric Telehealth Market Size, Share and Forecast, By Disease Area, 2027-2033
10.3. Psychiatry
10.4. Substance Use
10.5. Radiology
10.6. Dermatology
10.7. Neurological Medicine
10.8. ENT
10.9. Dental
10.10. Others
11. Global Pediatric Telehealth Market Forecast, 2020-2033 (USD Million)
11.1. Global Pediatric Telehealth Market Size and Market Share
12. Global Pediatric Telehealth Market, By Region, 2020-2033 (USD Million)
12.1. Global Pediatric Telehealth Market Size and Market Share By Region (2020-2026)
12.2. Global Pediatric Telehealth Market Size and Market Share By Region (2027-2033)
12.3. Asia-Pacific
12.3.1. Australia
12.3.2. China
12.3.3. India
12.3.4. Japan
12.3.5. South Korea
12.3.6. Rest of Asia-Pacific
12.4. Europe
12.4.1. France
12.4.2. Germany
12.4.3. Italy
12.4.4. Spain
12.4.5. United Kingdom
12.4.6. Rest of Europe
12.5. Middle East and Africa
12.5.1. Kingdom of Saudi Arabia
12.5.2. United Arab Emirates
12.5.3. Qatar
12.5.4. South Africa
12.5.5. Egypt
12.5.6. Morocco
12.5.7. Nigeria
12.5.8. Rest of Middle-East and Africa
12.6. North America
12.6.1. Canada
12.6.2. Mexico
12.6.3. United States
12.7. Latin America
12.7.1. Argentina
12.7.2. Brazil
12.7.3. Rest of Latin America
13. Company Profile
13.1. Teladoc Health, Inc
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. American Well
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. MDLive
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. Oracle
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. GlobalMedia Group, LLC
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.6. Siemens Healthineers AG
13.6.1. Company details
13.6.2. Financial outlook
13.6.3. Product summary
13.6.4. Recent developments
13.7. Medtronic
13.7.1. Company details
13.7.2. Financial outlook
13.7.3. Product summary
13.7.4. Recent developments
13.8. Pediatric Partners
13.8.1. Company details
13.8.2. Financial outlook
13.8.3. Product summary
13.8.4. Recent developments
13.9. Anytime Pediatrics
13.9.1. Company details
13.9.2. Financial outlook
13.9.3. Product summary
13.9.4. Recent developments
13.10. Kiddo Health Inc
13.10.1. Company details
13.10.2. Financial outlook
13.10.3. Product summary
13.10.4. Recent developments
13.11. Others
14. Conclusion
15. List of Abbreviations
16. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.