Market Overview:
The global telemedicine equipment market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for telemedicine services due to the rising prevalence of chronic diseases, growing geriatric population, and increasing number of remote patients. In addition, technological advancements in telemedicine equipment are also contributing to the growth of this market. On the basis of type, the global telemedicine equipment market is segmented into telemedicine carts, telemedicine kits,tele medecin kiosks and peripherals. The teleradiology carts segment is expected to account for a major share of the global TeleMedicne Equipment Market duringthe forecast period owingto its features such as portabilityand easy maneuverability which make them suitable for use in various settings such as hospitals, clinics and specialty centers. On t he basis o f application ,t he globa lte leme die ne e quipment m arketis segmen tedint ohospitals ,clinics ,specia ltycenters ,homecaresand others .
Product Definition:
Telemedicine Equipment is a device or system that enables medical professionals to provide patient care from a distance. This equipment can include video conferencing systems, telephones, secure email systems, and other tools that allow for two-way communication between patients and doctors. Telemedicine equipment is important because it allows doctors to provide care to patients who may not be able to travel to see a doctor in person. It also allows doctors to consult with other specialists about a patient's case without having to be in the same room.
Telemedicine Cart:
The global telemedicine cart, it's usage and growth factor in the Telemedicine Equipment market is expected to grow at a significant rate over the forecast period. The primary drivers for this market are increasing demand for healthcare services globally and growing need to reduce healthcare expenditure. Moreover, government initiatives such as “Hospital Information System” in India which aims towards providing information system facility across all hospitals are also driving the growth of this market.
Telemedicine kit:
Telemedicine kit is a set of medical tools that helps in delivering real-time assistance to the patients during their treatment. It provides effective communication between healthcare professionals and patients located remotely. Telemedicine also called as teleradiology, telepathology or teleconsulting is the provision of medical services and advice over telecommunications networks.
Application Insights:
Based on application, the global telemedicine equipment market has been segmented into hospitals, clinics, specialty centers and home cares. Hospitals dominated the market in 2017 owing to increasing prevalence of chronic diseases and rising number of surgeries that require medical consultation. Moreover, an increase in healthcare expenditure is expected to boost demand for advanced technology such as telemedicine over the forecast period.
Clinics are anticipated to witness lucrative growth over the forecast period due to growing awareness regarding early diagnosis and treatment of diseases through remote monitoring by using high-tech gadgets such as video conferencing systems along with mobile applications for patients¢â‚¬â„¢ health records.
Regional Analysis:
North America dominated the global market in 2017. The growth can be attributed to various factors such as increasing government initiatives, high disposable income of consumers and rising awareness about early diagnosis of chronic diseases. For instance, according to a study published by the WHO in 2016, around 50% of people across the globe are expected to suffer from at least one chronic disease during their lifetime.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to several government initiatives being undertaken in developing countries like India and China for improving telemedicine infrastructure.
Growth Factors:
- Increasing demand for telemedicine services from geriatric population and those with chronic diseases
- Rising prevalence of lifestyle diseases such as obesity, diabetes, and heart disease that can be managed through telemedicine interventions
- Government initiatives to promote the adoption of telemedicine technologies
- Rapid advancements in digital technologies and mobile devices that are facilitating the growth of telemedicine equipment market
- Growing demand for home-based healthcare services
Scope Of The Report
Report Attributes
Report Details
Report Title
Telemedicine Equipment Market Research Report
By Type
Telemedicine Cart, Telemedicine kit, Telemedicine kiosk, Peripherals
By Application
Hospitals, Clinics, Specialty Centers, Home Cares, Others
By Companies
AFC Industries, Inc., AMD Global Telemedicine, American Well, Olea Kiosk, CloudMD Software & Services Inc, Med Technologies Co, InTouch Health,Inc, Ergotron, Inc, PZU Zdrowie SA, OnMed, LLC
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
124
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Telemedicine Equipment Market Report Segments:
The global Telemedicine Equipment market is segmented on the basis of:
Types
Telemedicine Cart, Telemedicine kit, Telemedicine kiosk, Peripherals
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Clinics, Specialty Centers, Home Cares, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AFC Industries, Inc.
- AMD Global Telemedicine
- American Well
- Olea Kiosk
- CloudMD Software & Services Inc
- Med Technologies Co
- InTouch Health,Inc
- Ergotron, Inc
- PZU Zdrowie SA
- OnMed, LLC
Highlights of The Telemedicine Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Telemedicine Cart
- Telemedicine kit
- Telemedicine kiosk
- Peripherals
- By Application:
- Hospitals
- Clinics
- Specialty Centers
- Home Cares
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Telemedicine Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Telemedicine equipment refers to any piece of medical technology that allows physicians to remotely diagnose and treat patients. This can include devices such as telephones, computers, and video conferencing systems.
Some of the major players in the telemedicine equipment market are AFC Industries, Inc., AMD Global Telemedicine, American Well, Olea Kiosk, CloudMD Software & Services Inc, Med Technologies Co, InTouch Health,Inc, Ergotron, Inc, PZU Zdrowie SA, OnMed, LLC.
The telemedicine equipment market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Telemedicine Equipment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Telemedicine Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Telemedicine Equipment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Telemedicine Equipment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Telemedicine Equipment Market Size & Forecast, 2020-2028
4.5.1 Telemedicine Equipment Market Size and Y-o-Y Growth
4.5.2 Telemedicine Equipment Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Telemedicine Cart
5.2.2 Telemedicine kit
5.2.3 Telemedicine kiosk
5.2.4 Peripherals
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Specialty Centers
6.2.4 Home Cares
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Telemedicine Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Telemedicine Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Telemedicine Cart
9.6.2 Telemedicine kit
9.6.3 Telemedicine kiosk
9.6.4 Peripherals
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 Specialty Centers
9.10.4 Home Cares
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Telemedicine Cart
10.6.2 Telemedicine kit
10.6.3 Telemedicine kiosk
10.6.4 Peripherals
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 Specialty Centers
10.10.4 Home Cares
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Telemedicine Cart
11.6.2 Telemedicine kit
11.6.3 Telemedicine kiosk
11.6.4 Peripherals
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 Specialty Centers
11.10.4 Home Cares
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Telemedicine Cart
12.6.2 Telemedicine kit
12.6.3 Telemedicine kiosk
12.6.4 Peripherals
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 Specialty Centers
12.10.4 Home Cares
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Telemedicine Cart
13.6.2 Telemedicine kit
13.6.3 Telemedicine kiosk
13.6.4 Peripherals
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 Specialty Centers
13.10.4 Home Cares
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Telemedicine Equipment Market: Competitive Dashboard
14.2 Global Telemedicine Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AFC Industries, Inc.
14.3.2 AMD Global Telemedicine
14.3.3 American Well
14.3.4 Olea Kiosk
14.3.5 CloudMD Software & Services Inc
14.3.6 Med Technologies Co
14.3.7 InTouch Health,Inc
14.3.8 Ergotron, Inc
14.3.9 PZU Zdrowie SA
14.3.10 OnMed, LLC
