Global Telemedicine Market Outlook To 2026: Key Component (Product, Services),Delivery Model (Web/Mobile, Telephonic, Visualized, Call Centers),Technology (Store and forward, Real-time, Others),Application (Teleradiology, Telepsychiatry, Telepathology, Teledermatology, Telecardiology),Type (Tele-hospitals, Tele-home),End-Use (Providers, Payers, Patients, Others), Regional Segmentation, Pricing Analysis, Pipeline Analysis, Competitive Dynamics, M&A Insights, Segment Forecast, And Conclusion

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  • Research Methodology
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The Telemedicine Market was valued at $40.5 Billion in 2018 and is forecast to grow at a modest 16.7 % CAGR between 2018 and 2025, culminating in 2026 global sales of $xx.29 Billion.

 

Industry at a Glance.

 

Telehealth is the distribution of health-related services and information via electronic information and telecommunication technologies. It allows long-distance patient and clinician contact, care, advice, reminders, education, intervention, monitoring, and remote admissions.

 

According to the World Population Ageing report published by the United Nations Department of Economics and Social Affairs (UN-DESA), the total number of people aged 60 years and above increased to 1052 million in 2018. Additionally, this number is expected to increase up to 2.1 billion by 2050.

 

The high growth of tele-consulting service is attributed to a large number of self-quarantined population at homes. This is owing to the employment of strict rules such as partial or total nation-wide lockdown and the growing importance of social distancing. Also, as people cannot visit the doctors directly, they are selecting for tele-consultation services and virtual visits to gain healthcare services.

 

The WHO stated telemedicine as one of the vital services in the strategy to respond to the COVID-19 emergency. Due to the occurrence of coronavirus in the worldwide, the telemedicine playing a crucial role to communicate successfully with their patients throughout pandemic and provide better solutions to their health condition.

 Telemedicine 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 Telemedicine Market Overview
  • Market Ecosystem
  • Key Stakeholders
  • Industry Trends & Analysis
Chapter 4 Telemedicine Trend Outlook
  • Market Overview
  • Market Segmentation
  • Market Size and Growth Prospects
  • Leading Brand Dynamics
  • Key Market Drivers
    • Improved quality of care
    • Rising consumer demand and increasing patient acceptance
    • Lack of access to care & rising provider adoption of telemedicine
  • Key Market Challenges
  • Lack of well-defined regulatory framework
  • Lack of healthcare infrastructure and value evidence
  • Key Opportunities Prioritized
  • Industry Analysis - Porter’s
  • Telemedicine Market-PESTEL Analysis
  Chapter 5: -Telemedicine Market by “Key Component” (USD Million)  
  • Telemedicine Market Landscape by Key Component - 2018-2026
  • Product
  • Market Landscape Analysis, 2018-2026
  • Services
  • Market Landscape Analysis, 2018-2026
  Chapter 5: -Telemedicine Market by “Delivery Model” (USD Million)  
  • Telemedicine Market Landscape by Delivery Model2018-2026
  • Web/Mobile
  • Market Landscape Analysis, 2018-2026
  • Telephonic
  • Market Landscape Analysis, 2018-2026
  • Visualized
  • Market Landscape Analysis, 2018-2026
  • Call Centers
  • Market Landscape Analysis, 2018-2026
  Chapter 6: -Telemedicine Market by “Technology Categories” (USD Million)  
  • Telemedicine Market Landscape by Technology Categories - 2018-2026
  • Store and forward
  • Market Landscape Analysis, 2018-2026
  • Real time
  • Market Landscape Analysis, 2018-2026
  • Others
  • Market Landscape Analysis, 2018-2026
  Chapter 6: -Telemedicine Market by “Application Categories” (USD Million)  
  • Telemedicine Market Landscape by Application Categories - 2018-2026
  • Teleradiology
  • Market Landscape Analysis, 2018-2026
  • Telepsychiatry
  • Market Landscape Analysis, 2018-2026
  • Telepathology
  • Market Landscape Analysis, 2018-2026
  • Teledermatology
  • Market Landscape Analysis, 2018-2026
  • Telecardiology
  • Market Landscape Analysis, 2018-2026
  Chapter 6: -Telemedicine Market by “Type” (USD Million)  
  • Telemedicine Market Landscape by Type - 2018-2026
  • Tele-hospitals
  • Market Landscape Analysis, 2018-2026
  • Tele-home
  • Market Landscape Analysis, 2018-2026
  Chapter 6: -Telemedicine Market by “End-Use Categories” (USD Million)  
  • Telemedicine Market Landscape by End-Use Categories - 2018-2026
  • Providers
  • Market Landscape Analysis, 2018-2026
  • Payers
  • Market Landscape Analysis, 2018-2026
  • Patients
  • Market Landscape Analysis, 2018-2026
  Chapter 7: Regional Market Outlook  
  • Telemedicine 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: Telemedicine Pipeline Analysis
  • Executive Summary
  • Late Stage Pipeline analysis
  • Key R&D trends
  Chapter 10: Telemedicine Merger &Acquisition Outlook
  • Factors driving M&A in Telemedicine market
  • Key trends and future outlook
Chapter 11: Competitive Landscape
  • Teladoc
  • Company Overview
  • Financial Performance
  • Key Decision Maker
  • Product Pipeline
  • Strategic Initiative
    • Doctor on Demand
  • Company Overview
  • Financial Performance
  • Key Decision Maker
  • Product Pipeline
  • Strategic Initiative
    • iCliniq
  • Company Overview
  • Financial Performance
  • Key Decision Maker
  • Product Pipeline
  • Strategic Initiative
    • IBM
  • Company Overview
  • Financial Performance
  • Key Decision Maker
  • Product Pipeline
  • Strategic Initiative
    • Intel Corporation
  • Company Overview
  • Financial Performance
  • Key Decision Maker
  • Product Pipeline
  • Strategic Initiative
    • Philips Healthcare
  • Company Overview
  • Financial Performance
  • Key Decision Maker
  • Product Pipeline
  • Strategic Initiative
    • McKesson Corporation
  • Company Overview
  • Financial Performance
  • Key Decision Maker
  • Product Pipeline
  • Strategic Initiative
  List of Tables  
  • TABLE 1 Telemedicine Market - Industry Snapshot & Key Buying Criteria, 2018 - 2026
  • TABLE 2 Global Telemedicine Market, 2018 – 2026
  • TABLE 3 Global Telemedicine Market Analysis by Product-2018
  • TABLE 4 Global Telemedicine Market Analysis by Technology-2018
  • TABLE 5 Global Telemedicine Market Analysis by Application-2018
  • TABLE 7 Global Telemedicine Market Analysis by Geography-2018
  • TABLE 8 Global Telemedicine Market Analysis by Leading Brands-2018
  • TABLE 9 Telemedicine Market - Key market driver analysis
  • TABLE 10 Telemedicine Market - Key market restraint analysis
  • TABLE 11 North America Market Telemedicine Landscape Analysis, 2018-2026 (USD Mn)
  • TABLE 12 U.S. Telemedicine Market Landscape Analysis, 2018-2026
  • TABLE 13 Canada Telemedicine Market Landscape Analysis, 2018-2026
  • TABLE 14 Europe Telemedicine Market Landscape Analysis, 2018-2026 (USD Mn)
  • TABLE 15 U.K Telemedicine Market Landscape Analysis, 2018-2026
  • TABLE 16 Germany Telemedicine Market Landscape Analysis, 2018-2026
  • TABLE 17 France Telemedicine Market Landscape Analysis, 2018-2026
  • TABLE 18 Italy Telemedicine Market Landscape Analysis, 2018-2026
  • TABLE 19 Spain Telemedicine Market Landscape Analysis, 2018-2026
  • TABLE 20 Latin America Telemedicine Market Landscape Analysis, 2018-2026 (USD Mn)
  • TABLE 21 Brazil Telemedicine Market Landscape Analysis, 2018-2026
  • TABLE 22 Mexico Telemedicine Market Landscape Analysis, 2018-2026
  • TABLE 20 Colombia Telemedicine Market Landscape Analysis, 2018-2026
  • TABLE 21 Asia Pacific Telemedicine Market Landscape Analysis, 2018-2026 (USD Mn)
  • TABLE 22 Japan Telemedicine Market Landscape Analysis, 2018-2026
  • TABLE 23 China Telemedicine Market Landscape Analysis, 2018-2026
  • TABLE 24 India Telemedicine 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 Telemedicine Market Segmentation
  • 2 Market Size & Growth Prospects
  • 3 Leading Brand Dynamics
  • 4 Penetration & Growth Prospects
  • 5 Industry Analysis – Porter’s
  • 6 Telemedicine Market – PESTEL Analysis
  • 7 Telemedicine Market Share by Product Type, 2018-2026
  • 8 Telemedicine Market Share by Cell Type, 2018-2026
  • 9 Telemedicine Market Share by Technique, 2018-2026
  • 10 Telemedicine Market Share by Application, 2018-2026
  • 11 Telemedicine Market Share by End-Use, 2018-2026
  • 12 Telemedicine 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 Telemedicine Market was valued at $40.5 Billion in 2018 and is forecast to grow at a modest 16.7 % CAGR between 2018 and 2025, culminating in 2026 global sales of $xx.29 Billion.
  • The rise of chronic diseases is a global concern that puts a strain on healthcare resources. Tele homecare is an innovative way to provide care, monitor a patient, and provide information, by using the latest technology in telecommunication. Monitoring allows early identification of disease, and thus, preventing chronic conditions.
  • We have segmented the Global Telemedicine-based on Key Components as Product and Services.
  • We have segmented the Global Telemedicine-based on Delivery Model as Web/Mobile, Telephonic, Visualized, and Call Centers.
  • We have segmented the Global Telemedicine-based on Technology categories as Store and forward, Real time, and Others.
  • We have segmented the Global Telemedicine-based on Application categories as Teleradiology, Telepsychiatry, Telepathology, Teledermatology, and Telecardiology.
  • We have segmented the Global Telemedicine-based on Type categories as Tele-hospitals and Tele-home.
  • We have segmented the Global Telemedicine-based on End-use Categories as Providers, Payers, Patients, and Others.
  • The key market participants include 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.

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 Telemedicine Market was valued at $40.5 Billion in 2018 and is forecast to grow at a modest 16.7 % CAGR between 2018 and 2025, culminating in 2026 global sales of $xx.29 Billion.

 

Industry at a Glance.

 

Telehealth is the distribution of health-related services and information via electronic information and telecommunication technologies. It allows long-distance patient and clinician contact, care, advice, reminders, education, intervention, monitoring, and remote admissions.

 

According to the World Population Ageing report published by the United Nations Department of Economics and Social Affairs (UN-DESA), the total number of people aged 60 years and above increased to 1052 million in 2018. Additionally, this number is expected to increase up to 2.1 billion by 2050.

 

The high growth of tele-consulting service is attributed to a large number of self-quarantined population at homes. This is owing to the employment of strict rules such as partial or total nation-wide lockdown and the growing importance of social distancing. Also, as people cannot visit the doctors directly, they are selecting for tele-consultation services and virtual visits to gain healthcare services.

 

The WHO stated telemedicine as one of the vital services in the strategy to respond to the COVID-19 emergency. Due to the occurrence of coronavirus in the worldwide, the telemedicine playing a crucial role to communicate successfully with their patients throughout pandemic and provide better solutions to their health condition.

 Telemedicine 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