Telemedicine Market Expected to Cross $148.32 billion by 2025
Pune, Maharashtra, India, January 20 2021 (Wiredrelease) Brandessence Market Research and Consulting Pvt ltd –:Telemedicine Market is valued at USD 40.11 billion in 2018 and expected to reach USD 148.32 billion by 2025 with the CAGR of 20.54% over the forecast period. Increasing penetration of internet and busy lifestyle are the major growth factor of the global Telemedicine market
Scope of Telemedicine Market Report:s
Telemedicine electronic communications and software provide clinical services to patients without in-person visit and offers remote delivery healthcare services. In telemedicine, the technology allows healthcare provider to diagnose patients using smartphone through the video conferencing. This technology is used for medicine management, management of chronic condition and other clinical services. The healthcare systems, physician practices and skilled nursing facilities are using telemedicine to provide healthcare facilities more efficiently. Due to the artificial intelligence provider monitoring, diagnosis and treatment of telemedicine can be easily performed in real time.
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Global telemedicine market report is segmented on the basis of technology, specialty, service, mode of delivery, end user and by regional & country level. Based on technology, global telemedicine market is classified as Peripheral, Axial Bone Densitometry, Software, Hardware and Telecom & Networking. Based on specialty, global telemedicine market is classified as gynecology, neurology, dermatology, orthopaedic, cardiology, internal medicine, emergency care, and other. Based on service, global telemedicine market is classified as tele training, tele consulting, tele education, tele monitoring, telesurgery, telepathology, teledermatology, telepsychiatry, telecardiology, teleradiology, tele-care, real-time interactive, store-and-forward and other. Based on mode of delivery, global telemedicine market is classified as cloud-based delivery, on-premise delivery and other. Based on end user, global telemedicine market is classified as clinic, hospital, tele home, mhealth (mobile health), patients, payers, providers and other.
The regions covered in this Telemedicine Market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Telemedicine is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Key Players for Global Telemedicine Market Reports- Global Telemedicine Market report covers prominent players like Aerotel Medical Systems Ltd., Allscripts Healthcare Solutions, Inc, Cardiocom, LLC, LifeWatch AG, InTouch Technologies, Inc, Honeywell HomMed , F. Hoffmann-La Roche Ltd, CISCO Systems , McKesson Corporation, Telemedicine, Inc., and others.
Report evaluates the growth rate and the Market value based on Market dynamics, growth inducing factors. The complete knowledge is based on latest industry news, opportunities and trends. The report contains a comprehensive Market analysis and vendor landscape in addition to a SWOT analysis of the key vendors.
Global Telemedicine Market Dynamics –
Increasing revolution in telecommunication market is driving the telemedicine market. From the last few years, increasing health related problems with the rising concerns of remote services is the major growth factor of telemedicine market. For example, the patients in rural areas are increasingly required specialty services such a mental health treatment or post-surgery follow up, that they can get these types of services with the help of telemedicine without traveling a large distance. Additionally, the widespread availability of the internet and high quality video devices coupled with affordable care act and progressive reimbursement laws are the key factors helps to drive the telemedicine market. Furthermore, approximately 16.4 million peoples are having health care coverage according to the health and human services. However, technical training and equipment, reduced care continuity, fewer in-person consultations, tricky policies and reimbursement rules, etc. may obstruct the growth of telemedicine market. Moreover, increasing use of internet with advanced healthcare services in developing countries will be providing lucrative opportunity for telemedicine market.
This report split global into several key Regions, revenue (Million USD) The geography (North America, Europe, Asia-Pacific, Latin America and Middle East & Africa) focusing on key countries in each region. It also covers market drivers, restraints, opportunities, challenges, and key issues in Global Telemedicine Market.
Key Benefits for Telemedicine Market Reports
Global market report covers in-depth historical and forecast analysis. Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country Level. Global market report helps to identify opportunities in market place. Global market report covers extensive analysis of emerging trends and competitive landscape.
Global Telemedicine Market Segmentation –
Peripheral Axial Bone Densitometry Software Hardware Telecom & Networking
Gynecology Neurology Dermatology Orthopedic Cardiology Internal Medicine Emergency Care Other
Tele training, Tele consulting Tele education Tele monitoring Telesurgery Telepathology Teledermatology Telepsychiatry Telecardiology Teleradiology Tele-care Real-time interactive Store-and-forward Other
Cloud-based delivery On-premise delivery Other
By End User
Clinic Hospital Tele home mhealth (mobile health) Patients Payers Providers Other.
o Rest of Europe
o South Korea
o Rest of Asia-Pacific
o Latin America
o Middle East
Global Telemedicine Market Regional Analysis –
North America is dominating the telemedicine market. North America is accounted for major share over the forecast period owing to the increasing usage of internet and adoption of smart devices is the major factor which helps to grow the telemedicine market. Due to the high speed internet connection, telemedicine market is rapidly growing from the past couple of years. In the North America, various medical centers are consulting the patients to aware about the advanced healthcare facilities. For example; According to the American Telemedicine Association, more than 200 academic medical centers in the U.S. already offer video-based consulting in other parts of the world. Furthermore, About 74% of patients in the U.S. would use telehealth services. Moreover, Europe is the second largest region in telemedicine market followed by North America, due to European countries is strongly supporting the several telemedicine projects. Additionally, Asia pacific is emerging in the telemedicine market is expected to gain a huge interest about telemedicine; with the increasing penetration rate of smart devices is boosting the telemedicine market in Asia pacific.
Telemedicine Market Key Players:
Aerotel Medical Systems Ltd. Allscripts Healthcare Solutions, Inc Cardiocom, LLC LifeWatch AG InTouch Technologies, Inc Honeywell HomMed F. Hoffmann-La Roche Ltd CISCO Systems McKesson Corporation Telemedicine, Inc. Other
This comprehensive report will provide:
Enhance your strategic decision making Assist with your research, presentations and business plans Show which emerging market opportunities to focus on Increase your industry knowledge Keep you up-to-date with crucial market developments Allow you to develop informed growth strategies Build your technical insight Illustrate trends to exploit Strengthen your analysis of competitors Provide risk analysis, helping you avoid the pitfalls other companies could make Ultimately, help you to maximize profitability for your company.
Our Market Research Solution Provides You Answer to Below Mentioned Question:
Which are the driving factors responsible for the growth of market? Which are the roadblock factors of this market? What are the new opportunities, by which market will grow in coming years? What are the trends of this market? Which are main factors responsible for new product launch? How big is the global & regional market in terms of revenue, sales and production? How far will the market grow in forecast period in terms of revenue, sales and production? Which region is dominating the global market and what are the market shares of each region in the overall market in 2017? How will each segment grow over the forecast period and how much revenue will these segment account for in 2025? Which region has more opportunities?
Table of Content
1. Chapter – Report Methodology
1.1. Research Process
1.2. Primary Research
1.3. Secondary Research
1.4. Market Size Estimates
1.5. Data Triangulation
1.6. Forecast Model
1.7. USP’s of Report
1.8. Report Description
2. Chapter – Global Telemedicine Market Overview: Qualitative Analysis
2.1. Market Introduction
2.2. Executive Summary
2.3. Global Telemedicine Market Classification
2.4. Market Drivers
2.5. Market Restraints
2.6. Market Opportunity
2.7. Telemedicine Market: Trends
2.8. Porter’s Five Forces Analysis
2.8.1. Bargaining Power of Suppliers
2.8.2. Bargaining Power of Consumers
2.8.3. Threat of New Entrants
2.8.4. Threat of Substitute Product and Services
2.8.5. Competitive Rivalry within the Industry
2.9. Market Attractiveness Analysis
3. Chapter – Global Telemedicine Market Overview: Quantitative Analysis
3.1. Global Telemedicine Market Revenue (USD Million), Market Share (%) and Growth Rate (%), 2014- 2025
3.2. Global Telemedicine Market Revenue Market Share (%), 2014- 2025
3.3. Global Telemedicine Market Sales (Number of Units), Market Share (%) and Growth Rate (%), 2014- 2025
3.4. Global Telemedicine Market Sales Market Share (%), 2014- 2025
4. Chapter – Global Telemedicine Market Analysis: By Technology Type
5. Chapter – Global Telemedicine Market Analysis: By Specialty
6. Chapter – Global Telemedicine Market Analysis: By Services
7. Chapter – Global Telemedicine Market Analysis: By Manufacturer
8. Chapter –Telemedicine Market: Regional Analysis
9. Chapter – Company Profiles
9.1. Aerotel Medical Systems Ltd.
9.2. Fluke Calibration
9.2.2. Product portfolio
9.2.3. Telemedicine Market Revenue (USD Million) and Market Share (%), 2014 – 2018
9.2.4. Telemedicine Sales Market Share (%), 2014 – 2018
9.2.5. Business strategy
9.2.6. Recent developments
9.3. Aerotel Medical Systems Ltd.
9.4. Allscripts Healthcare Solutions, Inc
9.5. Cardiocom, LLC
9.6. LifeWatch AG
9.7. InTouch Technologies, Inc
9.8. Honeywell HomMed
9.9. F. Hoffmann-La Roche Ltd
9.10. CISCO Systems
9.11. McKesson Corporation
9.12. Telemedicine, Inc.
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