Global Telemedicine Market is accounted for $21.56 billion in 2017 and is expected to reach $93.45 billion by 2026 growing at a CAGR of 17.7% during the forecast period. Some of the key factors influencing the market growth include rising prevalence of chronic diseases, favorable government initiatives, telecommunication growth in BRIC countries and growing medicare reimbursement for telehealth services. However, privacy & security concerns and high infrastructure cost are hampering the market. In addition, growing acceptance of 4G and 5G spectrum provides huge opportunities for the players in the market.
Telemedicine is considered as the most adaptable technology accessible to deliver health education, health information and health care at a distance. Through the technologies, sophisticated patient centered care and increased access to remote locations is possible. It also helps in reducing emergency room visit and hospitalization rate, thus augmenting the market growth. Telemedicine serves as a provision for a variety of remote clinical services, which gain with the help of real-time, two-way communication between the patient and the healthcare provider. This involves the application of a variety of electronic, audio, and visual means.
Among the various services of telemedicine, tele-monitoring is expected to grow at the significant market share during forecast period. This can be attributed to the increasing geriatric and disabled populations who are commonly diagnosed with diabetes and cardiovascular complications. By geography, the Asia Pacific region exhibits fastest growth and is expected to lead the global market by the end of the decade due to increasing populations in rural & urban areas and augmented government initiatives. Moreover, the existence of a large number of technology developed units in this region offering cheaper equipments shall ensure steady market growth.
Some of the key players in global Telemedicine market are Honeywell Life Care Solutions, Cisco Systems, Inc., Medtronic, Philips Healthcare, GE Healthcare, Apollo Hospitals Enterprise Limited, Hoffmann-La Roche Ltd., McKesson Ltd., GlobalMedia Group LLC, SHL Telemedicine Ltd., InTouch Technologies, Snapmd Telemedicine Technology, Medisoft Telemedicine Pvt. Ltd., Cloudvisit Telemedicine, Haemonetics Corp., AMD Global Telemedicine Inc., Maestros Telemedicine, Allscripts Healthcare Solutions Inc., Aerotel Medical Systems and Bio Telemetry.
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• Other Services
Delivery Modes Covered:
• Internal Medicine
• Emergency Care
• Other Specialities
- North America
- Rest of Europe
- Asia Pacific
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
Table of Contents
1 Executive Summary
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
11 Company Profiling
11.1 Honeywell Life Care Solutions
11.2 Cisco Systems, Inc.
11.4 Philips Healthcare
11.5 GE Healthcare
11.6 Apollo Hospitals Enterprise Limited
11.7 Hoffmann-La Roche Ltd.
11.8 McKesson Ltd.
11.9 GlobalMedia Group LLC
11.10 SHL Telemedicine Ltd.
11.11 InTouch Technologies
11.12 Snapmd Telemedicine Technology
11.13 Medisoft Telemedicine Pvt. Ltd.
11.14 Cloudvisit Telemedicine
11.15 Haemonetics Corp.
11.16 AMD Global Telemedicine Inc.
11.17 Maestros Telemedicine
11.18 Allscripts Healthcare Solutions Inc.
11.19 Aerotel Medical Systems
11.20 Bio Telemetry
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