Australia Telehealth Market Introduction and Overview
According to SPER Market Research, the Australia Telehealth Market is estimated to reach USD XX billion by 2033 with a CAGR of XX%.
The report includes an in-depth analysis of the Australia Telehealth Market, including market size and trends, product mix, distribution channels, and supplier analysis. The term "telehealth" describes the practice of providing healthcare remotely via digital communications technology. This covers a broad range of services and applications, including video conferencing, mobile apps, and secure messaging, that make use of telecom equipment to enable remote medical advice, diagnosis, treatment, monitoring, and healthcare services.
Market Opportunities and Challenges
Opportunities: The telehealth sector in Australia is expected to expand over the next five years. The continued inclusion of telemedicine options for GP and some specialist consultations is largely responsible for this development in Australia for patients who rely on bulk-billed medications. The Medicare Benefits Schedule (MBS) includes a number of healthcare providers, and Medicare pays all or part of the cost of the services they provide. The scope of telemedicine services on the MBS has always been significantly limited; however, during the COVID-19 pandemic, the number of telemedicine services eligible for Medicare funding increased significantly. As a result, an increase in Medicare funding gives telemedicine providers a chance.
Challenges: Telemedicine and telehealth in Australia may face challenges due to a lack of technological infrastructure, accessibility issues, limitations on performing in-person exams, and concerns regarding confidentiality and privacy. Another significant barrier to telemedicine in Australia is healthcare fraud. Patients' and physicians' expectations of what is desirable and achievable may change as a result of ongoing, necessity-driven exposure to a variety of clinical, legislative, insurance, educational, regulatory, and interoperability issues and solutions.
Market Competitive Landscape
Telehealth market in Australia is highly consolidated. Some of the market key players are Docto Online Hospital, Doctoroo, GP2U Telemedicine, iCliniq, Instant Consult.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Types, By Components, By Services
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| Regions covered | Central Region, Southern Region, Northern Region
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| Companies Covered | Docto Online Hospital, Doctoroo, GP2U Telemedicine, iCliniq, Instant Consult |
COVID-19 Impact on Australia Telehealth Market
In Australia, the COVID-19 pandemic has drastically accelerated the uptake and development of telehealth services, changing the way healthcare is delivered. Telehealth has become an essential tool for maintaining continuity of care due to the need to minimize in-person interactions and lower the risk of virus transmission. Demand for telehealth in Australia surged significantly as healthcare providers quickly adopted remote monitoring and virtual consultations. Patients' acceptance of the safety and convenience provided by telehealth resulted in a paradigm shift in how people seek medical attention. The government's response was crucial to this shift, as financial incentives and regulatory adjustments made it easier for telehealth services to be widely used.
Key Target Audience
- Healthcare Providers
- Technology Solution Providers
- Patients and Caregivers
- Telecommunication Companies
- Healthcare Associations and Organizations
Our in-depth analysis of the Australia Telehealth Market includes the following segments:
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By Types:
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mHealth (Mobile Health)
Tele Homes
Tele Hospitals
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By Components:
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Software
Hardware
Products
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By Services:
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Allied Health Consultation
General Practitioner
Mental Health Consultation
Nurse Practitioner Consultation
Specialist Consultation
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By Region:
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Central Region
Southern Region
Northern Region
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Key Topics Covered in the Report
- Australia Telehealth Market Size (FY’2023-FY’2033)
- Overview of Australia Telehealth Market
- Segmentation of Australia Telehealth Market By Types (Mobile Health, Tele Homes, Tele Hospitals)
- Segmentation of Australia Telehealth Market By Components (Software, Hardware, Products)
- Segmentation of Australia Telehealth Market By Services (Allied Health Consultation, General Practitioner, Mental Health Consultation, Nurse Practitioner Consultation, Specialist Consultation)
- Statistical Snap of Australia Telehealth Market
- Expansion Analysis of Australia Telehealth Market
- Problems and Obstacles in Australia Telehealth Market
- Competitive Landscape in the Australia Telehealth Market
- Impact of COVID-19 and Demonetization on Australia Telehealth Market
- Details on Current Investment in Australia Telehealth Market
- Competitive Analysis of Australia Telehealth Market
- Prominent Players in the Australia Telehealth Market
- SWOT Analysis of Australia Telehealth Market
- Australia Telehealth Market Future Outlook and Projections (FY’2023-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. SPER’s internal database
2.1.4. Premium insight from KOL’s
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 Australia 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. PORTER’s 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. Australia Telehealth Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Australia Telehealth Market
7. Australia Telehealth Market, By Types (USD Million)
7.1. Australia Telehealth Market Value Share and Forecast, By Types, 2023-2033
7.2. mHealth (Mobile Health)
7.3. Tele Homes
7.4. Tele Hospitals
8. Australia Telehealth Market, By Components (USD Million)
8.1. Australia Telehealth Market Value Share and Forecast, By Components, 2023-2033
8.2. Software
8.2.1. Integrated
8.2.2. Standalone
8.3. Hardware
8.3.1. HD
8.3.2. Full HD
8.3.3. Medical Peripheral Devices
8.3.4. Monitors
8.3.5. 4K/8K
8.4. Products
9. Australia Telehealth Market, By Services (USD Million)
9.1. Australia Telehealth Market Value Share and Forecast, By Services, 2023-2033
9.2. Allied Health Consultation
9.3. General Practitioner
9.4. Mental Health Consultation
9.5. Nurse Practitioner Consultation
9.6. Specialist Consultation
10. Australia Telehealth Market Forecast, 2019-2033 (USD Million)
10.1. Australia Telehealth Market Size and Market Share
11. Australia Telehealth Market, By Types, 2019-2033 (USD Million)
11.1. Australia Telehealth Market Size and Market Share By Types (2019-2026)
11.2. Australia Telehealth Market Size and Market Share By Types (2027-2033)
12. Australia Telehealth Market, By Components, 2019-2033 (USD Million)
12.1. Australia Telehealth Market Size and Market Share By Components (2019-2026)
12.2. Australia Telehealth Market Size and Market Share By Components (2027-2033)
13. Australia Telehealth Market, By Services, 2019-2033 (USD Million)
13.1. Australia Telehealth Market Size and Market Share By Services (2019-2026)
13.2. Australia Telehealth Market Size and Market Share By Services (2027-2033)
14. Australia Telehealth Market, By Region, 2019-2033 (USD Million)
14.1. Australia Telehealth Market Size and Market Share By Region (2019-2026)
14.2. Australia Telehealth Market Size and Market Share By Region (2027-2033)
14.3. Central Region
14.4. Southern Region
14.5. Northern Region
15. Company Profile
15.1. Docto Online Hospital
15.1.1. Company details
15.1.2. Financial outlook
15.1.3. Product summary
15.1.4. Recent developments
15.2. Doctoroo
15.2.1. Company details
15.2.2. Financial outlook
15.2.3. Product summary
15.2.4. Recent developments
15.3. GP2U Telemedicine
15.3.1. Company details
15.3.2. Financial outlook
15.3.3. Product summary
15.3.4. Recent developments
15.4. iCliniq
15.4.1. Company details
15.4.2. Financial outlook
15.4.3. Product summary
15.4.4. Recent developments
15.5. Instant Consult
15.5.1. Company details
15.5.2. Financial outlook
15.5.3. Product summary
15.5.4. Recent developments
15.6. Others
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
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.
