Global Physiotherapy Equipment Market Outlook To 2026: Key Application (Neurology, Musculoskeletal, Pediatrics, Cardiovascular & Pulmonary), By Type (Hydrotherapy, Cryotherapy, Continuous Passive Motion (CPM), Ultrasound, Electric Stimulation, Heat Therapy, Therapeutic Exercises),Demographics (Geriatric Population, Outpatient treatment, Non-Geriatric Population),End Use (Hospitals & Clinics, Rehabilitation Centers, Others), Regional Segmentation, Pricing Analysis, Pipeline Analysis, Competitive Dynamics, M&A Insights, Segment Forecast, And Conclusion

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The Physiotherapy Equipment Market was valued at $19.20 Billion in 2018 and is forecast to grow at a modest 7.9 % CAGR between 2018 and 2025, culminating in 2026 global sales of $27.4 Billion.

 

Industry at a Glance.

 

Physiotherapy is a class of treatment that helps people who are affected by injury, illness or disability through physical modalities and therapeutic exercises. They maintain health for people of all ages, helping patients to manage pain and prevent disease. The physiotherapy equipment is medical equipment like multi-exercise therapy units, heat therapy equipment, and laser therapy units, among others.

 

Due to the rapid rise of the geriatric population, the growing prevalence of cardiovascular and neurological diseases, pain in the ligaments, back, nerves, muscles, and rising the incidence of stroke disease are the crucial factor for Physiotherapy Equipment market growth.

 

As per the World Health Organization (WHO), the world population aged 60 years and above is likely to reach 2.6 billion by 2050, from 1300 million in 2018. This is expected to propel the physiotherapy equipment market positively in the coming future.

 

Some major companies such as BioGaming and EMS developing innovative technology such as anti-gravity treadmills, dry needling, and robot-assisted walking which helps patients and another person to do daily exercise for a healthy lifestyle as well as a cure from the bone or ligament disease.

Physiotherapy Equipment Market

Pricing Analysis

 

“Optimal Price Point (OPP) for Global Telemedicine”

 

Estimated Average product/ service cost – $ xx globally. However, with improving access and availability of options, OPP and range of acceptable Prices (RAP) are going to change. We at Ameri Research continuously track these prices with our proprietary pricing model.

 

Due to the wide array of products available in the market, pricing, positioning, and sales channel optimization play a vital role in the success of a product. On average, Global Telemedicine is available at USD xxx- USD xxxx. However, high-end products are available at much higher prices. The prices in emerging countries and developed countries vary significantly due to the difference in purchasing power and availability of the latest products.

 

Global Telemedicine Market by “Key Components”

 

We have segmented the Global Telemedicine-based on Key Components as Product and Services.

 

We have observed the rapid growth of Telemedicine followed by The product is classified into several categories. So, the Hardware segment has the largest market CAGR of 7.8% and is expected to propel the market growth over the forecast period. These segments rapidly used in medical peripheral devices, webcams, speakers, microphones, display screen, videoconferencing devices, laptops, and monitors.

 

We also noticed the Services segment anticipated to drive the market with a CAGR of 3.8% from 2018 to 2026.

 

Global Telemedicine Market by “Delivery Model”

 

We have segmented the Global Telemedicine-based on Delivery Model as Web/Mobile, Telephonic, Visualized, and Call Centers.

 

We have observed the rapid growth of Telemedicine followed by the Web/Mobile segment has the largest market revenue share in 2018 and is expected to propel the market growth over the forecast period. The prevalent adoption of mobile and internet technologies along with increasing users of mobile and internet will drive the market.  Growing essential for immediate medical assistance to patients located in remote locations is powering the adoption of video conferencing telemedicine solutions.

 

Global Telemedicine Market by “Technology Categories”

 

We have segmented the Global Telemedicine-based on Technology categories as Store and forward, Real-time, and Others.

 

We have observed the rapid growth of Telemedicine followed by the Real-time segment has the largest market CAGR of 6.1% and is expected to propel the market growth over the forecast period. It is an electric medium between medical and patient, which provides real-time data about patient surgery without any error through videography.

 

Global Telemedicine Market by “Application Categories”

 

We have segmented the Global Telemedicine-based on Application categories as Teleradiology, Telepsychiatry, Telepathology, Teledermatology, and Telecardiology.

 

We have observed the rapid growth of Telemedicine followed by the Teleradiology segment has dominated the market in 2018 and is expected to propel the market growth over the forecast period. It is playing a crucial role in Artificial Intelligence (AI), application of Picture Archiving and Communication System (PACS), working process of health care, and an upsurge in an increase in imaging practices.

 

Global Telemedicine Market by “Type Categories”

 

We have segmented the Global Telemedicine-based on Type categories as Tele-hospitals and Tele-home.

 

We have observed the rapid growth of Telemedicine followed by Tele-hospitals segment has the largest market CAGR of 6.1% and is expected to propel the market growth over the forecast period. This segment is providing complete health benefits to the rural area, small healthcare, primary treatment, and act as an emergency hospitality.

 

We also noticed the Tele-home segment anticipated to drive the market with significant growth from 2018 to 2026.

 

Global Telemedicine Market by “End-Use Categories”

 

We have segmented the Global Telemedicine-based on End-use Categories as Providers, Payers, Patients, and Others.

 

We have observed the rapid growth of Telemedicine followed by the Providers segment has the largest market share of 48.2% in 2018 and is estimated to grow during the prediction period. Due to the geriatric population and rising chronic disease worldwide, it delivers the advancements in telemonitoring devices, tele-specialty services, improved decision support, and real-time quality reporting to healthcare.

 

Regional Segmentation

 

North America and Asia Pacific accounted for the maximum revenue share of over xx% in 2018 due to increased demand for Global Telemedicine followed by EU- Top 5 countries contribute $X.9 Billion in 2018 and expected to reach $x.5 Billion by 2026.

 

The Asia Pacific is having the largest market CAGR of 6.7% in the global market in 2018. China, Japan, and India are propelling demand for commercial, military aircraft, business jets, and experimental aircraft is anticipated to drive the market growth in the coming future.

 

The North American region led the market and accounted for the largest share, in terms of the developing market. owing to growing healthcare consciousness and Advance of technological improvements related to mobile and internet will be conducive to market expansion. In November 2019, American Well announced the acquisition of Aligned Telehealth to expand its behavioral health virtual care service portfolio. This acquisition has enabled the company to increase its customer base and strengthen its market position.

 

“Competitive Landscape” and “Merger & Acquisition Insights” 

 

The key market participants are Teladoc, Doctor on Demand, iCliniq, IBM, Intel Corporation, Philips Healthcare, McKesson Corporation, AMD Telemedicine, GE Healthcare, CardioNet Inc., 3m Health Information Systems, Medic4all, CirrusMD Inc., Cisco, and American Telecare Inc. are few major players in Global Telemedicine markets. The Global Telemedicine market is fragmented with a large number of global & local players. Merger &Acquisitions, collaborations & new products launch are some of the major strategies adopted by key market players. Apart from this innovation & new product development are major focus areas for dominant companies.

 

Market Segmentation

 

Global Telemedicine Market by Key Components (Revenue, Million, 2018 – 2026)

 

  • Product
  • Services

 

Global Telemedicine Market by Delivery Model (Revenue, Million, 2018 – 2026)

 

  • Web/Mobile
  • Telephonic
  • Visualized
  • Call Centers

 

Global Telemedicine Market by Technology categories (Revenue, Million, 2018 – 2026)

  • Store and forward
  • Real-time
  • Others

 

Global Telemedicine Market by Application categories (Revenue, Million, 2018 – 2026)

 Teleradiology

  • Telepsychiatry
  • Telepathology
  • Teledermatology
  • Telecardiology

 

Global Telemedicine Market by Type categories (Revenue, Million, 2018 – 2026)

 

  • Tele-hospitals
  • Tele-home

 

Global Telemedicine Market by End-use categories (Revenue, Million, 2018 – 2026)

 

  • Providers
  • Payers
  • Patients
  • Others

  

Global Telemedicine Market Regional Outlook (Revenue, USD Million, 2018-2026)

 

North America

  • U.S.
  • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
  • Latin America
    • Brazil
    • Mexico
    • Columbia
  • Middle East and Africa
    • South Africa
    • Saudi Arabia

 

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Chapter 1 Methodology and Scope

  • Research Methodology
  • Research Scope & Assumptions
  • List of Data Sources
  Chapter 2 Executive Summary   Chapter 3 Physiotherapy Equipment Market Overview
  • Market Ecosystem
  • Key Stakeholders
  • Industry Trends & Analysis
  Chapter 4 Physiotherapy Equipment Trend Outlook
  • Market Overview
  • Market Segmentation
  • Market Size and Growth Prospects
  • Leading Brand Dynamics
  • Key Market Drivers
    • Rising geriatric population
    • Economic benefits of physiotherapy
    • Mergers and acquisitions
  • Key Market Challenges
  • Lack of well-defined regulatory framework
  • Adverse effects of physiotherapy
  • Key Opportunities Prioritized
  • Industry Analysis - Porter’s
  • Physiotherapy Equipment Market-PESTEL Analysis
  Chapter 6: -Physiotherapy Equipment Market by “Key Application Categories” (USD Million)
  • Physiotherapy Equipment Market Landscape by Key Application Categories - 2018-2026
  • Neurology
  • Market Landscape Analysis, 2018-2026
  • Musculoskeletal
  • Market Landscape Analysis, 2018-2026
  • Pediatrics
  • Market Landscape Analysis, 2018-2026
  • Cardiovascular & Pulmonary
  • Market Landscape Analysis, 2018-2026
  Chapter 6: -Physiotherapy Equipment Market by “Type” (USD Million)  
  • Physiotherapy Equipment Market Landscape by Type - 2018-2026
  • Hydrotherapy
  • Market Landscape Analysis, 2018-2026
  • Cryotherapy
  • Market Landscape Analysis, 2018-2026
  • Continuous Passive Motion (CPM)
  • Market Landscape Analysis, 2018-2026
  • Ultrasound
  • Market Landscape Analysis, 2018-2026
  • Electric Stimulation
  • Market Landscape Analysis, 2018-2026
  • Heat Therapy
  • Market Landscape Analysis, 2018-2026
  • Therapeutic Exercises
  • Market Landscape Analysis, 2018-2026
  Chapter 5: -Physiotherapy Equipment Market by “Demographic Categories” (USD Million)
  • Physiotherapy Equipment Market Landscape by Demographic Categories - 2018-2026
  • Geriatric Population
  • Market Landscape Analysis, 2018-2026
  • Outpatient treatment
  • Market Landscape Analysis, 2018-2026
  • Non-Geriatric Population
  • Market Landscape Analysis, 2018-2026
  Chapter 6: -Physiotherapy Equipment Market by “End-Use Categories” (USD Million)
  • Physiotherapy Equipment Market Landscape by End-Use Categories - 2018-2026
  • Hospitals & Clinics
  • Market Landscape Analysis, 2018-2026
  • Rehabilitation Centers
  • Market Landscape Analysis, 2018-2026
  • Others
  • Market Landscape Analysis, 2018-2026
  Chapter 7: Regional Market Outlook  
  • Physiotherapy Equipment Market Landscape by Region- 2018
  • North America Market Landscape Analysis, 2018-2026 (USD Mn)
  • S. Market Landscape Analysis, 2018-2026
  • Canada Market Landscape Analysis-2018-2026
  • Europe Market Landscape Analysis, 2018-2026 (USD Mn)
  • K Market Landscape Analysis, 2018-2026
  • Germany Market Landscape Analysis, 2018-2026
  • France Market Landscape Analysis, 2018-2026
  • Italy Market Landscape Analysis, 2018-2026
  • Spain Market Landscape Analysis, 2018-2026
  • Latin America Market Landscape Analysis, 2018-2026 (USD Mn)
  • Brazil Market Landscape Analysis, 2018-2026
  • Mexico Market Landscape Analysis, 2018-2026
  • Colombia Market Landscape Analysis, 2018-2026
  • Asia Pacific Market Landscape Analysis, 2018-2026 (USD Mn)
  • Japan Market Landscape Analysis, 2018-2026
  • China Market Landscape Analysis, 2018-2026
  • India Market Landscape Analysis, 2018-2026
  • Middle East & Africa Market Landscape Analysis, 2018-2026 (USD Mn)
  • Saudi Arabia Market Landscape Analysis, 2018-2026
  • South Africa Market Landscape Analysis, 2018-2026
  Chapter 8: Pricing Analysis  
  • Optimal Price Points (OPP), Indifference price points (IPP) and Range of Acceptable Prices and (RAP) of leading brands by Region- 2018
  • North America Pricing Analysis (OPP, IPP, and RAP - 2018)
    • S. Pricing Analysis-2018
    • Canada Pricing Analysis-2018
  • Europe Pricing Analysis (OPP, IPP, and RAP - 2018)
    • K Pricing Analysis-2018
    • Germany Pricing Analysis-2018
    • France Pricing Analysis-2018
    • Italy Pricing Analysis-2018
    • Spain Pricing Analysis-2018
  • Latin America Pricing Analysis (OPP, IPP, and RAP - 2018)
    • Brazil Pricing Analysis-2018
    • Mexico Pricing Analysis-2018
    • Colombia Pricing Analysis-2018
  • Asia Pacific Pricing Analysis (OPP, IPP, and RAP - 2018)
    • Japan Pricing Analysis-2018
    • China Pricing Analysis-2018
    • India Pricing Analysis-2018
  • Middle East Pricing Analysis (OPP, IPP, and RAP - 2018)
    • Saudi Arabia Pricing Analysis-2018
    • South Africa Pricing Analysis-2018
  Chapter 9: Physiotherapy Equipment Pipeline Analysis
  • Executive Summary
  • Late Stage Pipeline analysis
  • Key R&D trends
  Chapter 10: Physiotherapy Equipment Merger &Acquisition Outlook  
  • Factors driving M&A in Physiotherapy Equipment market
  • Key trends and future outlook
Chapter 11: Competitive Landscape
  • BTL Industries
  • Company Overview
  • Financial Performance
  • Key Decision Maker
  • Product Pipeline
  • Strategic Initiative
    • EMS Physio Ltd.
  • Company Overview
  • Financial Performance
  • Key Decision Maker
  • Product Pipeline
  • Strategic Initiative
    • US Physical Therapy
  • Company Overview
  • Financial Performance
  • Key Decision Maker
  • Product Pipeline
  • Strategic Initiative
    • Isokinetic
  • Company Overview
  • Financial Performance
  • Key Decision Maker
  • Product Pipeline
  • Strategic Initiative
    • Patterson Medical Holdings
  • Company Overview
  • Financial Performance
  • Key Decision Maker
  • Product Pipeline
  • Strategic Initiative
    • Enraf-Nonius
  • Company Overview
  • Financial Performance
  • Key Decision Maker
  • Product Pipeline
  • Strategic Initiative
    • DJO Global
  • Company Overview
  • Financial Performance
  • Key Decision Maker
  • Product Pipeline
  • Strategic Initiative
  List of Tables  
  • TABLE 1 Physiotherapy Equipment Market - Industry Snapshot & Key Buying Criteria, 2018 - 2026
  • TABLE 2 Global Physiotherapy Equipment Market, 2018 – 2026
  • TABLE 3 Global Physiotherapy Equipment Market Analysis by Product-2018
  • TABLE 4 Global Physiotherapy Equipment Market Analysis by Technology-2018
  • TABLE 5 Global Physiotherapy Equipment Market Analysis by Application-2018
  • TABLE 7 Global Physiotherapy Equipment Market Analysis by Geography-2018
  • TABLE 8 Global Physiotherapy Equipment Market Analysis by Leading Brands-2018
  • TABLE 9 Physiotherapy Equipment Market - Key market driver analysis
  • TABLE 10 Physiotherapy Equipment Market - Key market restraint analysis
  • TABLE 11 North America Market Physiotherapy Equipment Landscape Analysis, 2018-2026 (USD Mn)
  • TABLE 12 U.S. Physiotherapy Equipment Market Landscape Analysis, 2018-2026
  • TABLE 13 Canada Physiotherapy Equipment Market Landscape Analysis, 2018-2026
  • TABLE 14 Europe Physiotherapy Equipment Market Landscape Analysis, 2018-2026 (USD Mn)
  • TABLE 15 U.K Physiotherapy Equipment Market Landscape Analysis, 2018-2026
  • TABLE 16 Germany Physiotherapy Equipment Market Landscape Analysis, 2018-2026
  • TABLE 17 France Physiotherapy Equipment Market Landscape Analysis, 2018-2026
  • TABLE 18 Italy Physiotherapy Equipment Market Landscape Analysis, 2018-2026
  • TABLE 19 Spain Physiotherapy Equipment Market Landscape Analysis, 2018-2026
  • TABLE 20 Latin America Physiotherapy Equipment Market Landscape Analysis, 2018-2026 (USD Mn)
  • TABLE 21 Brazil Physiotherapy Equipment Market Landscape Analysis, 2018-2026
  • TABLE 22 Mexico Physiotherapy Equipment Market Landscape Analysis, 2018-2026
  • TABLE 20 Colombia Physiotherapy Equipment Market Landscape Analysis, 2018-2026
  • TABLE 21 Asia Pacific Physiotherapy Equipment Market Landscape Analysis, 2018-2026 (USD Mn)
  • TABLE 22 Japan Physiotherapy Equipment Market Landscape Analysis, 2018-2026
  • TABLE 23 China Physiotherapy Equipment Market Landscape Analysis, 2018-2026
  • TABLE 24 India Physiotherapy Equipment Market Landscape Analysis, 2018-2026
  • TABLE 25 North America Pricing Analysis
  • TABLE 26 North America Pricing Analysis (OPP, IPP, and RAP- 2018)
  • TABLE 27 U.S. Pricing Analysis-2018
  • TABLE 28 Canada Pricing Analysis-2018
  • TABLE 29 Europe Pricing Analysis (OPP, IPP, and RAP- 2018)
  • TABLE 30 U.K Pricing Analysis-2018
  • TABLE 31 Germany Pricing Analysis-2018
  • TABLE 32 France Pricing Analysis-2018
  • TABLE 33 Italy Pricing Analysis-2018
  • TABLE 34 Spain Pricing Analysis-2018
  • TABLE 35 Latin America Pricing Analysis (OPP, IPP, and RAP- 2018)
  • TABLE 36 Brazil Pricing Analysis-2018
  • TABLE 37 Mexico Pricing Analysis-2018
  • TABLE 38 Colombia Pricing Analysis-2018
  • TABLE 39 Asia Pacific Pricing Analysis (OPP, IPP, and RAP- 2018)
  • TABLE 40 Japan Pricing Analysis-2018
  • TABLE 41 China Pricing Analysis-2018
  • TABLE 42 India Pricing Analysis-2018
  • TABLE 43 Middle East Pricing Analysis (OPP, IPP, and RAP- 2018)
  • TABLE 44 Saudi Arabia Pricing Analysis-2018
  • TABLE 45 South Africa Pricing Analysis-2018
  List of Figures  
  • 1 Physiotherapy Equipment Market Segmentation
  • 2 Market Size & Growth Prospects
  • 3 Leading Brand Dynamics
  • 4 Penetration & Growth Prospects
  • 5 Industry Analysis – Porter’s
  • 6 Physiotherapy Equipment Market – PESTEL Analysis
  • 7 Physiotherapy Equipment Market Share by Product Type, 2018-2026
  • 8 Physiotherapy Equipment Market Share by Cell Type, 2018-2026
  • 9 Physiotherapy Equipment Market Share by Technique, 2018-2026
  • 10 Physiotherapy Equipment Market Share by Application, 2018-2026
  • 11 Physiotherapy Equipment Market Share by End-Use, 2018-2026
  • 12 Physiotherapy Equipment Market Share by Region, 2018-2026

Highlights   Key Insights Addressed:  

  • Defining market size from 2018 to 2026.
  • Estimating market growth till 2026 and consequence market forecast.
  • Identifying market drivers, restraints & future opportunities and allowing decision-makers with a range of possible outcomes and the probabilities that will occur for any choice of action.
  • Market segments and regions that will drive or lead market growth.
  • Defining Optimal Price Point (OPP) which will be accepted and recommended by maximum customers.
  • A bird’s-eye view of the competitive landscape and the key market players.
  • Key strategic growth drivers adopted by market players. In-depth analysis of their strategies and implication on competition & growth.
    Key Findings:  
  • The Physiotherapy Equipment Market was valued at $19.20 Billion in 2018 and is forecast to grow at a modest 7.9 % CAGR between 2018 and 2025, culminating in 2026 global sales of $27.4 Billion.
  • The increasing incidences of the cardiovascular as well as neurological disorders have stimulated the demand for physiotherapy equipment across the world. It promotes the mobility of disabled organs and improves the quality of life by using the therapy of mechanical force and movement.
  • We have segmented the Global Physiotherapy Equipment-based on Key Application Categories as Neurology, Musculoskeletal, Pediatrics, and Cardiovascular & Pulmonary.
  • We have segmented the Global Physiotherapy Equipment-based on Type as Hydrotherapy, Cryotherapy, Continuous Passive Motion (CPM), Ultrasound, Electric Stimulation, Heat Therapy, and Therapeutic Exercises.
  • We have segmented the Global Physiotherapy Equipment-based on Demographic categories as Geriatric Population, Outpatient treatment, and Non-Geriatric Population.
  • We have segmented the Global Physiotherapy Equipment-based on End-Use categories as Hospitals & Clinics, Rehabilitation Centers, and Others.
  • The key market participants include BTL Industries, EMS Physio Ltd., US Physical Therapy, Inc., Isokinetic, Patterson Medical Holdings, Inc, Enraf-Nonius, DJO Global, Select Medical, Kindred Healthcare, Inc. and Concentra Operating Corporation.

Ameri Research implies a unique methodology of published information and primary research to bring key insights to customer decision making process. Our analytics model helps us to understand the structured and unstructured information from various sources. Key steps involve in the process are as below-

  1. Analyzing Published Information- Access to large pool of paid and unpaid published information via different sources and analyzing market trend.
  2. Setting Foundation- Input from analysis of secondary sources set our foundation to market analysis and helps in setting the scope for further research. Setting the scope involves Ameri Research proprietary statistical model, discussion with industry leaders, internal brainstorming, key discussion pointers from various forums etc.
  3. Need Gap Analysis- Defining the gap between our scope and availability of information.
  4. KOL Panel Discussion- Focused Group Discussion with a structured discussion guide to fine tune the gap and deriving the factors driving/restraining the market trend.
  5. Quantitative Research- Sampling large number of industry players, Education/Research Institutes, Government bodies, NGOs, Individual acclaimed researchers and conducting the primary interview with a structured questionnaire.
  6. Data Triangulation- We apply bottom-up demand approach or top-down estimation or a combined approach to triangulate the data points.
  7. Analyst Comment- Each of our analysts carries large pool of experience from domain perspective and add their value which is directional in nature
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Description

 

The Physiotherapy Equipment Market was valued at $19.20 Billion in 2018 and is forecast to grow at a modest 7.9 % CAGR between 2018 and 2025, culminating in 2026 global sales of $27.4 Billion.

 

Industry at a Glance.

 

Physiotherapy is a class of treatment that helps people who are affected by injury, illness or disability through physical modalities and therapeutic exercises. They maintain health for people of all ages, helping patients to manage pain and prevent disease. The physiotherapy equipment is medical equipment like multi-exercise therapy units, heat therapy equipment, and laser therapy units, among others.

 

Due to the rapid rise of the geriatric population, the growing prevalence of cardiovascular and neurological diseases, pain in the ligaments, back, nerves, muscles, and rising the incidence of stroke disease are the crucial factor for Physiotherapy Equipment market growth.

 

As per the World Health Organization (WHO), the world population aged 60 years and above is likely to reach 2.6 billion by 2050, from 1300 million in 2018. This is expected to propel the physiotherapy equipment market positively in the coming future.

 

Some major companies such as BioGaming and EMS developing innovative technology such as anti-gravity treadmills, dry needling, and robot-assisted walking which helps patients and another person to do daily exercise for a healthy lifestyle as well as a cure from the bone or ligament disease.

Physiotherapy Equipment Market

Pricing Analysis

 

“Optimal Price Point (OPP) for Global Telemedicine”

 

Estimated Average product/ service cost – $ xx globally. However, with improving access and availability of options, OPP and range of acceptable Prices (RAP) are going to change. We at Ameri Research continuously track these prices with our proprietary pricing model.

 

Due to the wide array of products available in the market, pricing, positioning, and sales channel optimization play a vital role in the success of a product. On average, Global Telemedicine is available at USD xxx- USD xxxx. However, high-end products are available at much higher prices. The prices in emerging countries and developed countries vary significantly due to the difference in purchasing power and availability of the latest products.

 

Global Telemedicine Market by “Key Components”

 

We have segmented the Global Telemedicine-based on Key Components as Product and Services.

 

We have observed the rapid growth of Telemedicine followed by The product is classified into several categories. So, the Hardware segment has the largest market CAGR of 7.8% and is expected to propel the market growth over the forecast period. These segments rapidly used in medical peripheral devices, webcams, speakers, microphones, display screen, videoconferencing devices, laptops, and monitors.

 

We also noticed the Services segment anticipated to drive the market with a CAGR of 3.8% from 2018 to 2026.

 

Global Telemedicine Market by “Delivery Model”

 

We have segmented the Global Telemedicine-based on Delivery Model as Web/Mobile, Telephonic, Visualized, and Call Centers.

 

We have observed the rapid growth of Telemedicine followed by the Web/Mobile segment has the largest market revenue share in 2018 and is expected to propel the market growth over the forecast period. The prevalent adoption of mobile and internet technologies along with increasing users of mobile and internet will drive the market.  Growing essential for immediate medical assistance to patients located in remote locations is powering the adoption of video conferencing telemedicine solutions.

 

Global Telemedicine Market by “Technology Categories”

 

We have segmented the Global Telemedicine-based on Technology categories as Store and forward, Real-time, and Others.

 

We have observed the rapid growth of Telemedicine followed by the Real-time segment has the largest market CAGR of 6.1% and is expected to propel the market growth over the forecast period. It is an electric medium between medical and patient, which provides real-time data about patient surgery without any error through videography.

 

Global Telemedicine Market by “Application Categories”

 

We have segmented the Global Telemedicine-based on Application categories as Teleradiology, Telepsychiatry, Telepathology, Teledermatology, and Telecardiology.

 

We have observed the rapid growth of Telemedicine followed by the Teleradiology segment has dominated the market in 2018 and is expected to propel the market growth over the forecast period. It is playing a crucial role in Artificial Intelligence (AI), application of Picture Archiving and Communication System (PACS), working process of health care, and an upsurge in an increase in imaging practices.

 

Global Telemedicine Market by “Type Categories”

 

We have segmented the Global Telemedicine-based on Type categories as Tele-hospitals and Tele-home.

 

We have observed the rapid growth of Telemedicine followed by Tele-hospitals segment has the largest market CAGR of 6.1% and is expected to propel the market growth over the forecast period. This segment is providing complete health benefits to the rural area, small healthcare, primary treatment, and act as an emergency hospitality.

 

We also noticed the Tele-home segment anticipated to drive the market with significant growth from 2018 to 2026.

 

Global Telemedicine Market by “End-Use Categories”

 

We have segmented the Global Telemedicine-based on End-use Categories as Providers, Payers, Patients, and Others.

 

We have observed the rapid growth of Telemedicine followed by the Providers segment has the largest market share of 48.2% in 2018 and is estimated to grow during the prediction period. Due to the geriatric population and rising chronic disease worldwide, it delivers the advancements in telemonitoring devices, tele-specialty services, improved decision support, and real-time quality reporting to healthcare.

 

Regional Segmentation

 

North America and Asia Pacific accounted for the maximum revenue share of over xx% in 2018 due to increased demand for Global Telemedicine followed by EU- Top 5 countries contribute $X.9 Billion in 2018 and expected to reach $x.5 Billion by 2026.

 

The Asia Pacific is having the largest market CAGR of 6.7% in the global market in 2018. China, Japan, and India are propelling demand for commercial, military aircraft, business jets, and experimental aircraft is anticipated to drive the market growth in the coming future.

 

The North American region led the market and accounted for the largest share, in terms of the developing market. owing to growing healthcare consciousness and Advance of technological improvements related to mobile and internet will be conducive to market expansion. In November 2019, American Well announced the acquisition of Aligned Telehealth to expand its behavioral health virtual care service portfolio. This acquisition has enabled the company to increase its customer base and strengthen its market position.

 

“Competitive Landscape” and “Merger & Acquisition Insights” 

 

The key market participants are Teladoc, Doctor on Demand, iCliniq, IBM, Intel Corporation, Philips Healthcare, McKesson Corporation, AMD Telemedicine, GE Healthcare, CardioNet Inc., 3m Health Information Systems, Medic4all, CirrusMD Inc., Cisco, and American Telecare Inc. are few major players in Global Telemedicine markets. The Global Telemedicine market is fragmented with a large number of global & local players. Merger &Acquisitions, collaborations & new products launch are some of the major strategies adopted by key market players. Apart from this innovation & new product development are major focus areas for dominant companies.

 

Market Segmentation

 

Global Telemedicine Market by Key Components (Revenue, Million, 2018 – 2026)

 

  • Product
  • Services

 

Global Telemedicine Market by Delivery Model (Revenue, Million, 2018 – 2026)

 

  • Web/Mobile
  • Telephonic
  • Visualized
  • Call Centers

 

Global Telemedicine Market by Technology categories (Revenue, Million, 2018 – 2026)

  • Store and forward
  • Real-time
  • Others

 

Global Telemedicine Market by Application categories (Revenue, Million, 2018 – 2026)

 Teleradiology

  • Telepsychiatry
  • Telepathology
  • Teledermatology
  • Telecardiology

 

Global Telemedicine Market by Type categories (Revenue, Million, 2018 – 2026)

 

  • Tele-hospitals
  • Tele-home

 

Global Telemedicine Market by End-use categories (Revenue, Million, 2018 – 2026)

 

  • Providers
  • Payers
  • Patients
  • Others

  

Global Telemedicine Market Regional Outlook (Revenue, USD Million, 2018-2026)

 

North America

  • U.S.
  • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
  • Latin America
    • Brazil
    • Mexico
    • Columbia
  • Middle East and Africa
    • South Africa
    • Saudi Arabia

 

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Additional information

Price

Single User $3,650, Multiple User $4,650, Enterprise User $6,650