Telemedicine – Overcome the Routine Health Management Challenges

PUNE, India - Oct. 12, 2022 - PRLog -- Telemedicine Market's Major Drivers

Accelerated Telemedicine Adoption During and Post COVID-19 Especially in Chronic Disease Management

During the global COVID-19 pandemic, telemedicine offered a safe, practical, and dependable technology, especially for the long-term treatment and self-management of chronic disease with advantages including reducing the danger of patient-to-patient infection. Additionally, hospitals and clinics also recommend telemedicine to maintain social distance and reduce their chances of coming into contact with infected patients. Owing to this there had been a significant rise in the adoption of virtual care services by patients.

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As per the report of Science Soft (2020) many telemedicine providers have already reported growth in demand for their solutions such as:

• Teladoc Health video appointments surged by 50% in 2020
• PlushCare appointments were up by 70% in 2020
• One Medical reported a 51% increase in engagement with its digital platform in 2020

According to a population-based repeated cross-sectional study by PLOS ONE (Canada 2022), the use of virtual care (such as telemedicine) increased across Chronic Obstructive Pulmonary (COPD), Congestive Heart Failure (CHF), Angina, Diabetes, Asthama, and Hypertension patient populations. ​

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Rising Mental Health Concerns Fuel Telemedicine Demand

Globally, the COVID-19 epidemic brought abrupt isolation and loss of social interactions, which negatively impacted people's mental health. In 2020, the COVID-19 pandemic caused a 25% global increase in the prevalence of anxiety and depression which also propelled the number of psychiatric consultations. For instance, as per the PLOS medicine article (2022), virtual psychiatric visits in Canada significantly increase during the pandemic.

More, according to World Health Organization (WHO), 70% of countries across the globe have adopted telemedicine or teletherapy to address disruptions to in-person services. For instance, more than 80% of high-income countries and less than 50% of low-income countries have reported accepting telemedicine and teletherapy to bridge gaps in mental health. Thus, increasing mental health concerns and significant adoption of telemedicine by psychiatrists will drive telemedicine market demand.

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Significant Reduction in Health Management Cost​

The ability to pool resources through remote analysis services like telepathology and teleradiology and teledermatology leads to lower costs and higher-quality healthcare. According to a review article published in the National Library of Medicine (Australia 2020), telemedicine resulted in significant cost reduction for patients.

Thus, a significant reduction in healthcare facilities and per-visit costs is expected to boost the adoption of telemedicine by hospitals and clinics.