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Market Research Report

Telemedicine Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017-2025

Published by Coherent Market Insights Product code 617130
Published Content info 127 Pages
Delivery time: 2-3 business days
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Telemedicine Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017-2025
Published: March 1, 2018 Content info: 127 Pages
Description
  • Telemedicine involves the use of information technology and telecommunication for the delivery of healthcare services such as health assessments or consultations over the telecommunications infrastructure. It helps the healthcare professional to diagnose, evaluate and treat patients without the need for an in-person visit and are also very useful to save lives at time of critical care and emergency situations. Telemedicine is of great help for distant rural areas as they help in overcoming the distance barriers to avail medical services at the time of requirement. Realizing the potential that the telemedicine provides, the World Health Organization (WHO) established global observatory for eHealth (Goe) to analyze the benefits that information and communication technologies can bring to healthcare supporting patient's wellbeing. In 2009, the global observatory was assigned to determine the status of telemedicine at the national, regional and global level.

Market Dynamics

  • Burgeoning growth of the internet infrastructure and smartphone proliferation creates a conducive environment for growth of the global telemedicine market. Also, the rise in demand for personalized healthcare augments market growth. More than 15 million Americans received medical care through telemedicine in 2016, according to American Telemedicine Association (ATA). This number is expected to grow further by 30% in 2017. Alongside ATA also issued several acts such as CHRONIC Care Act and CONNECT for Health Act in 2017 to support the growth of telemedicine across all nations. The Assembly Health Committee of New Jersey recently in 2017 legally defined the practice of telemedicine, user eligible for it and technology that can be used. This is expected to boost the telemedicine market in the region significantly during the forecast period. Alongside there are various medical policies available that support the telemedicine services. For instance, the Congressional Budget Office (CBO) expanded its Medicare coverage for services like consultation, individual psychotherapy and pharmacologic management on 18th May 2017. However, lack of resources, infrastructure and high technological cost may hamper the market growth in emerging economies such as India, Brazil, and African countries.

Key features of the study:

  • This report provides in-depth analysis of telemedicine market in and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017 - 2025), considering 2017 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, technology, research, market trends, regional outlook, and competitive strategy adopted by the leading players
  • It profiles leading players in the global telemedicine market in based on the following parameters - company overview, financial performance, product portfolio, market presence, key developments and strategies
  • Key companies covered as a part of this study includes Siemens Healthcare, McKesson, Cardio Net Inc., Cerner, IBM Corporation, Philips Healthcare, Honeywell Life Care Solutions, GE Healthcare, AMD Telemedicine and Cisco Systems
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their product launch, technology up-gradation, market expansion, and marketing tactics
  • The global telemedicine market report caters to various stakeholders in this industry including investors, suppliers, researchers, manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the telemedicine market

Detailed Segmentation:

  • Global Telemedicine Market, By Service Type:
  • Tele-monitoring
  • Tele-education
  • Tele-consultation
  • Tele-training
  • Tele-care
  • Tele-surgery
  • Global Telemedicine Market, By Component:
  • Hardware
  • Software
  • Services
  • Global Telemedicine Market, By Mode of Delivery:
  • Cloud-based
  • On-premise
  • Global Telemedicine Market, By End User:
  • Providers
  • Payers
  • Patients
  • Others
  • Global Telemedicine Market, By Geography:
  • North America
    • By Service Type:
  • Tele-monitoring
  • Tele-education
  • Tele-consultation
  • Tele-training
  • Tele-care
  • Tele-surgery
    • By Component:
  • Hardware
  • Software
  • Services
    • By Mode of Delivery:
  • Cloud-based
  • On-premise
    • By End User:
  • Providers
  • Payers
  • Patients
  • Others
    • By Country:
  • U.S.
  • Canada
  • Latin America
    • By Service Type:
  • Tele-monitoring
  • Tele-education
  • Tele-consultation
  • Tele-training
  • Tele-care
  • Tele-surgery
    • By Component:
  • Hardware
  • Software
  • Services
    • By Mode of Delivery:
  • Cloud-based
  • On-premise
    • By End User:
  • Providers
  • Payers
  • Patients
  • Others
    • By Country:
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
  • Europe
    • By Service Type:
  • Tele-monitoring
  • Tele-education
  • Tele-consultation
  • Tele-training
  • Tele-care
  • Tele-surgery
    • By Component:
  • Hardware
  • Software
  • Services
    • By Mode of Delivery:
  • Cloud-based
  • On-premise
    • By End User:
  • Providers
  • Payers
  • Patients
  • Others
    • By Country:
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
  • Asia Pacific
    • By Service Type:
  • Tele-monitoring
  • Tele-education
  • Tele-consultation
  • Tele-training
  • Tele-care
  • Tele-surgery
    • By Component:
  • Hardware
  • Software
  • Services
    • By Mode of Delivery:
  • Cloud-based
  • On-premise
    • By End User:
  • Providers
  • Payers
  • Patients
  • Others
    • By Country:
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
  • Middle East
    • By Service Type:
  • Tele-monitoring
  • Tele-education
  • Tele-consultation
  • Tele-training
  • Tele-care
  • Tele-surgery
    • By Component:
  • Hardware
  • Software
  • Services
    • By Mode of Delivery:
  • Cloud-based
  • On-premise
    • By End User:
  • Providers
  • Payers
  • Patients
  • Others
    • By Country:
  • GCC
  • Israel
  • Rest of Middle East
  • Africa
    • By Service Type:
  • Tele-monitoring
  • Tele-education
  • Tele-consultation
  • Tele-training
  • Tele-care
  • Tele-surgery
    • By Component:
  • Hardware
  • Software
  • Services
    • By Mode of Delivery:
  • Cloud-based
  • On-premise
    • By End User:
  • Providers
  • Payers
  • Patients
  • Others
    • By Country:
  • South Africa
  • Central Africa
  • North Africa
  • Company Profiles
  • Siemens Healthcare*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Strategies
  • McKesson
  • Cardio Net Inc.
  • Cerner
  • IBM Corporation
  • Philips Healthcare
  • Honeywell Life Care Solutions
  • GE Healthcare
  • AMD Telemedicine
  • Cisco Systems

"*" marked represents similar segmentation in other categories in the respective section.

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