Global Telemedicine Market Size was Valued at USD 31.46 Billion in 2018 and is Expected to grow at a CAGR of 19.28% by 2025 | Valuates Reports

BANGALORE, India, Jan. 10, 2020 /PRNewswire/ -- Telemedicine electronic communications and software offers clinical services to patients without an in-person visit. In telemedicine, technology enables healthcare providers by video conferencing to treat patients using a smartphone. Its system is used for the treatment of medication, chronic condition care, and other health services. Telemedicine is used by health care systems, physician practices, and skilled nursing facilities to provide more efficient health care facilities.

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TRENDS INFLUENCING THE GLOBAL TELEMEDICINE MARKET SHARE

• Demand for better healthcare in rural areas
• Increasing growth in telecommunication
• Growing prevalence of chronic diseases in BRIC nations

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REGION WISE GLOBAL TELEMEDICINE MARKET ANALYSIS

• Due to the increasing use of the internet, North America accounts for a significant share over the forecast period, and the adoption of smart devices is the major factor that helps the telemedicine market to grow. Because of the high-speed internet access, the telemedicine industry has been growing rapidly over the past few years.
• The telemedicine market in Europe is projected to witness significant growth over the forecast period. Factors such as rising healthcare costs and increasing chronic disease prevalence are expected to drive growth in Europe's telemedicine market in the coming years.
• Asia-Pacific is capable of recording the fastest growth in the forecast period on the global telemedicine market.

GLOBAL TELEMEDICINE MARKET SEGMENT BY REGIONS/COUNTRIES

• United States
• Europe
• China
• Japan
• Southeast Asia
• India
• Central & South America

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The market is driven by the need for better healthcare in rural areas, tremendous growth in telecommunication, rising prevalence of chronic diseases in BRIC nations, and low cost of telemedicine. However, high infrastructural costs and a lack of skilled resources may restrain market growth to a certain extent. On the other hand, favorable government initiatives present a huge growth potential for telemedicine in the BRIC nations. Lack of telemedicine standards in the BRIC countries may pose a challenge to the growth of the BRIC telemedicine market.

GLOBAL TELEMEDICINE MARKET SEGMENT BY TYPE

• Web-based
• Cloud-based
• On-premise.

GLOBAL TELEMEDICINE MARKET SEGMENT BY APPLICATION

• Teleconsultation
• Telecardiology
• Teleradiology
• Telepathology
• Teledermatology
• Tele Home health
• Teleoncology
• Emergency Medication.

KEY PLAYERS OF GLOBAL TELEMEDICINE MARKET

• Amd Global Telemedicine
• Apollo Hospitals
• GE Healthcare
• Haemonetics
• Philips Healthcare
• Cloudvisit Telemedicine
• Maestros Telemedicine
• Medisoft Telemedicine
• Reach Health
• SnapMD Telemedicine Technology
• Others.

THE STUDY OBJECTIVES OF THE GLOBAL TELEMEDICINE MARKET REPORT ARE:

• To analyze global Telemedicine status, future forecast, growth opportunity, key market, and key players.
• To present the Telemedicine development in the United States, Europe, and China.
• To strategically profile the key players and comprehensively analyze their development plan and strategies.
• To define, describe and forecast the market by product type, market, and key regions.

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REPORTS RELATED TO THE SUBSET OF TELEMEDICINE MARKET

• GLOBAL TELEMEDICINE CARTS & SYSTEMS MARKET

The report is structured on primary and secondary research methodologies that derive historic and forecast data. The Global Telemedicine Carts & Systems market is growing remarkably fast and is likely to thrive in terms of volume and revenue during the forecast period. Readers can gain insight into the various opportunities and restraints shaping the market. The report demonstrates the progress and bends that will occur during the forecast period.

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• GLOBAL VIDEO TELEMEDICINE MARKET

Due to factors such as increased demand for healthcare services among patients living in remote areas and isolated communities, the video telemedicine market is expected to provide lucrative growth opportunities over the forecast period.

Additionally, technological advances such as the development of mobile collaboration technologies that can enable healthcare professionals to share information in multiple locations and increasing demand to reduce overall healthcare costs are some of the factors that are expected to boost the market growth.

This report studies the market size of Video Telemedicine by players, countries, product types and end industries, historical data for 2013-2017 and forecast data for 2018-2025. Furthermore, the report analyses the global competitive landscape, market drivers and patterns, opportunities and challenges, risks and entry barriers, sales channels, distributors and the Five Forces Analysis by Porter.

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• GLOBAL EMERGENCY TELEMEDICINE SERVICES MARKET

The report provides key statistics on the market status of the Emergency Telemedicine Services manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.

Global Emergency Telemedicine Services Market Report 2019 - Market Size, Share, Price, Trend, and Forecast is a professional and in-depth study on the current state of the global Emergency Telemedicine Services industry.

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• GLOBAL AR IN TELEMEDICINE, TRAINING AND FIRST RESPONDER MEDICAL APPLICATIONS MARKET

Augmented reality with smart glasses head mounted devices (HMDs) sputtered in the consumer market, but the technology has taken root in the commercial space and is expected to begin flourishing in the coming years. Trials are currently underway in many professional markets, and some early adopters have already moved to deployment stages.

The medical field, which is the focus of this report, likewise has seen its share of interest and excitement but this facet of the augmented reality market will take longer to develop.

This report focuses on the global AR in Telemedicine,Training and First Responder Medical Applications status, future forecast, growth opportunity, key market and key players. The study objectives are to present the AR in Telemedicine,Training and First Responder Medical Applications development in the United States, Europe and China.

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• GLOBAL TELEMEDICINE AND M-HEALTH CONVERGENCE  MARKET

This report focuses on global Telemedicine and M-Health Convergence status, future forecast, growth opportunity, key market, and key players. The study objectives are to present the Telemedicine and M-Health Convergence development in the United States, Europe, and China.

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• GLOBAL TELEMEDICINE SOFTWARE MARKET

Telemedicine software provides remote care capabilities to medical providers enabling them to reach more patients. Patients can access quality medical care from the convenience of their homes.

This report focuses on the global Telemedicine Software status, future forecast, growth opportunity, key market, and key players. The study objectives are to present the Telemedicine Software development in the United States, Europe, and China.

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