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Telepsychiatry Market Revenue, Opportunity, Forecast and Value Chain 2016-2026

Telepsychiatry Market Overview The arrival of telecommunication technology in the 20th century truly revolutionised a number of fields. National boundaries become irrelevant and the world became one big global village. It also led to the advent of telemedicine which would have been unthinkable fifty years ago. Telemedicine is taking the help of Information Technology and telecommunication equipment to provide medical diagnoses from a distance. It helps eliminate the barriers of distance and is vital in serving far-flung rural communities with medical care. One of the main constituents of telemedicine is the telepsychiatry market. At its core, it is about using telecommunications equipment to provide psychiatric assessment and also care. It relies on video conferencing technology to connect psychiatrists to their patients. Telepsychiatry can be offered through intermediary companies or even individual specialists. The telepsychiatry market has truly come of age in the 21st century and is poised to have a very bright future.

Telepsychiatry Market Overview

The arrival of telecommunication technology in the 20th century truly revolutionised a number of fields. National boundaries become irrelevant and the world became one big global village. It also led to the advent of telemedicine which would have been unthinkable fifty years ago. Telemedicine is taking the help of Information Technology and telecommunication equipment to provide medical diagnoses from a distance. It helps eliminate the barriers of distance and is vital in serving far-flung rural communities with medical care. One of the main constituents of telemedicine is the telepsychiatry market. At its core, it is about using telecommunications equipment to provide psychiatric assessment and also care. It relies on video conferencing technology to connect psychiatrists to their patients. Telepsychiatry can be offered through intermediary companies or even individual specialists. The telepsychiatry market has truly come of age in the 21st century and is poised to have a very bright future.

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<strong>Telepsychiatry</strong> <strong>Market</strong><br />

<strong>Telepsychiatry</strong> <strong>Market</strong> Overview<br />

The arrival of telecommunication technology in the 20th century truly revolutionised a number of fields.<br />

National boundaries become irrelevant <strong>and</strong> the world became one big global village. It also led to the advent<br />

of telemedicine which would have been unthinkable fifty years ago. Telemedicine is taking the help of<br />

Information Technology <strong>and</strong> telecommunication equipment to provide medical diagnoses from a distance. It<br />

helps eliminate the barriers of distance <strong>and</strong> is vital in serving far-flung rural communities with medical care.<br />

One of the main constituents of telemedicine is the telepsychiatry market. At its core, it is about using<br />

telecommunications equipment to provide psychiatric assessment <strong>and</strong> also care. It relies on video<br />

conferencing technology to connect psychiatrists to their patients. <strong>Telepsychiatry</strong> can be offered through<br />

intermediary companies or even individual specialists. The telepsychiatry market has truly come of age in<br />

the 21 st century <strong>and</strong> is poised to have a very bright future.<br />

<strong>Telepsychiatry</strong> <strong>Market</strong> Drivers<br />

One of the key drivers of the telepsychiatry market, especially in the U.S. has been the severe shortage of<br />

psychiatric doctors, particularly those specialising in child & adolescent psychiatry. <strong>Telepsychiatry</strong> can allow a<br />

doctor to see a larger number of patients quicker, thus utilising their limited time to the fullest. Another<br />

driver is the rapidly improving mobile network infrastructure, enabling doctors to clinically assess <strong>and</strong> treat<br />

patients in small villages <strong>and</strong> semi-urban areas. This eliminates the need for either the doctor or patient to<br />

travel long distances, significantly saving both parties time <strong>and</strong> money. Rural areas suffer from a dearth of<br />

trained medical professionals along with a severe lack of awareness. Hence, even if they possess serious<br />

mental health issues, they might be ignored or even suppressed.<br />

©2015 Future <strong>Market</strong> Insights, All Rights Reserved 4

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