According to Stratistics MRC, the Global Telemedicine Market is accounted for $35.21 billion in 2020 and is expected to reach $393.13 billion by 2028 growing at a CAGR of 35.2% during the forecast period. Increasing number of corona virus positive cases along with the chronic respiratory diseases, technological innovations, and increasing remote patient monitoring is driving the market growth. However, lack of knowledge and trust in developing countries are hampering the growth of the market.
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Based on the end user, the providers segment is going to have lucrative growth during the forecast period as telemedicine solutions improve healthcare quality and offer convenience for healthcare providers in terms of quick access to patient records, improved decision support, provide clinical alerts, and real-time quality reporting. By geography, Asia Pacific is going to have high growth during the forecast period owing to rapid demand for healthcare assistance, especially in the rural areas. Innovation and development towards telecommunication are likely to enhance further the growth in this region in near future.
Some of the key players profiled in the Telemedicine Market include Boehringer Ingelheim, Sanofi, Zoetis, Affinitech, Romvac Company S.A, Merck & Co., Bayer, Indovax, Hester Biosciences Limited, Eli Lilly and Company, CEVA Logistics and Bimeda Inc.
Components Covered:
• Products
• Services
Technologies Covered:
• Store-and-Forward (Asynchronous)
• Real-Time (Synchronous)
• Remote Order Entry Service
• Remote Patient Monitoring
Delivery Models Covered:
• Call Centers
• Telehealth Portals & Kiosks
• Web/Mobile
Deployments Covered:
• On Premises
• Web & Cloud-based
Specialties Covered:
• Trauma Care
• Tele-Surgery
• Gynecology
• Tele-Stroke
• Teleradiology
• Psychiatry and Mental Health
• Telepathology
• Orthopedics
• Ophthalmology
• Neurology
• Tele-Pharmacy
• Tele-Oncology
• General Consultation
• Emergency Care (Primary/Urgent Care)
• Dermatology
• Cardiology
• Tele-Nursing
• Tele-Intensive Care Unit (ICU)
Applications Covered:
• Tele Hospitals and Clinics
• Tele-Home
• mHealth (Mobile Health)
End Users Covered:
• Providers
• Payers
• Patients
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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