Global Telemedicine Market 2024-2028

Description

List of Tables

The telemedicine market is forecasted to grow by USD 132.61 bn during 2023-2028, accelerating at a CAGR of 17.11% during the forecast period. The report on the telemedicine market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing incidence of chronic diseases, increasing healthcare costs, and frequent launch of telehealth platforms by retailers.

Technavio's telemedicine market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	16.34%
CAGR	17.11%
Incremental Value	$132.61bn

By Application

Telehospital and teleclinic
Telehome

By Product

Services
Solutions

By Geographical Landscape

North America
Europe
Asia
Rest of World (ROW)

This study identifies the integration of AI with telemedicine as one of the prime reasons driving the telemedicine market growth during the next few years. Also, enhanced internet connectivity with use of smartphone devices and healthcare apps and decentralization of patient care with blockchain will lead to sizable demand in the market.

The report on the telemedicine market covers the following areas:

Telemedicine market sizing
Telemedicine market forecast
Telemedicine market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading telemedicine market vendors that include Access TeleCare LLC, Aerotel Medical Systems Ltd., AMD Global Telemedicine Inc., American Well Corp., AMN Healthcare Services Inc., CareCloud Inc., Cisco Systems Inc., Doctor On Demand Inc., Evernorth Health Inc., GlobalMedia Group LLC, Koninklijke Philips N.V., Medtronic Plc, MeMD, Resideo Technologies Inc., Sesame Inc., SHL Telemedicine Ltd., TALKSPACE INC, Teladoc Health Inc., Twilio Inc., and Veradigm LLC. Also, the telemedicine market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR40924

1 Executive Summary

1.1 Market overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028

4 Historic Market Size

4.1 Global telemedicine market 2018 - 2022
4.2 Application Segment Analysis 2018 - 2022
4.3 Product Segment Analysis 2018 - 2022
4.4 Geography Segment Analysis 2018 - 2022
4.5 Country Segment Analysis 2018 - 2022

5 Five Forces Analysis

5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition

6 Market Segmentation by Application

6.1 Market segments
6.2 Comparison by Application
6.3 Telehospital and teleclinic - Market size and forecast 2023-2028
6.4 Telehome - Market size and forecast 2023-2028
6.5 Market opportunity by Application

7 Market Segmentation by Product

7.1 Market segments
7.2 Comparison by Product
7.3 Services - Market size and forecast 2023-2028
7.4 Solutions - Market size and forecast 2023-2028
7.5 Market opportunity by Product

8 Customer Landscape

8.1 Customer landscape overview

9 Geographic Landscape

9.1 Geographic segmentation
9.2 Geographic comparison
9.3 North America - Market size and forecast 2023-2028
9.4 Europe - Market size and forecast 2023-2028
9.5 Asia - Market size and forecast 2023-2028
9.6 Rest of World (ROW) - Market size and forecast 2023-2028
9.7 US - Market size and forecast 2023-2028
9.8 Germany - Market size and forecast 2023-2028
9.9 Canada - Market size and forecast 2023-2028
9.10 UK - Market size and forecast 2023-2028
9.11 Japan - Market size and forecast 2023-2028
9.12 Market opportunity By Geographical Landscape

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks

12 Vendor Analysis

12.1 Vendors covered
12.2 Market positioning of vendors
12.3 Access TeleCare LLC
12.4 Aerotel Medical Systems Ltd.
12.5 AMD Global Telemedicine Inc.
12.6 American Well Corp.
12.7 Cisco Systems Inc.
12.8 Evernorth Health Inc.
12.9 GlobalMedia Group LLC
12.10 Koninklijke Philips N.V.
12.11 Medtronic Plc
12.12 MeMD
12.13 Resideo Technologies Inc.
12.14 SHL Telemedicine Ltd.
12.15 Teladoc Health Inc.
12.16 Twilio Inc.
12.17 Veradigm LLC

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
13.3 Currency conversion rates for US$
13.4 Research methodology
13.5 List of abbreviations