Market Overview:
The global telemedicine market is expected to grow at a CAGR of 16.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for telemedicine services due to the rising prevalence of chronic diseases, growing geriatric population, and technological advancements. In addition, the increasing demand for home health care services and remote patient monitoring is also contributing to the growth of the market. Based on type, web-based telemedicine held a major share of the global telemedicine market in 2017. This can be attributed to its low cost and easy accessibility compared with other types of telemedicine services.
Product Definition:
Telemedicine is the use of technology to provide medical care from a distance. It can include services like remote diagnosis, treatment, and monitoring. Telemedicine can be an important tool for rural areas or other places where there is a shortage of healthcare professionals. It can also be helpful for patients who are unable to travel for medical care.
Web-based:
Telemedicine is the extension of medical care from a healthcare provider via telecommunications to patients. It uses electronic mediums for communication such as video conferencing, e-mail, and instant messaging. Telemedicine offers several advantages over conventional methods including shorter patient waiting time, easy access to healthcare providers and improved quality of care.
Cloud-based:
Cloud-based is a term used to define data that is stored and retrieved using internet protocol (IP) based on demand. It provides storage space for large amounts of data in the form of digital pools or lakes from which information can be drawn as and when required. Cloud computing is an umbrella term for sharing resources, such as servers, networked computers, storage devices etc., among several users so that they can work together to solve a common goal.
Application Insights:
Based on application, the global telemedicine market is segmented into teleconsultation, teleradiology, teleradiology consultation and interpretation, teleradiology consultation and imaging services (excluding C&I), home healthcare Teledermatology (TELED), emergency medication management & administration. The TELED segment dominated the overall market in terms of revenue share in 2017. This can be attributed to a rising number of TELED applications across various industries such as pharmaceuticals and medical devices. For instance; In June 2018; eClinical Solutions launched its new cloud-based EHR for dermatologists that provides real-time consultations along with remote patient monitoring features. Such developments are expected to drive growth over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of key telemedicine providers such as American Telemedicine Association (ATSA), American Medical Association, and many more. Moreover, increasing demand for remote patient monitoring and advanced healthcare solutions is also expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rising government initiatives pertaining to improved healthcare infrastructure in this region. Furthermore, growing penetration of internet users in this region will support regional growth during the estimated time span.
Growth Factors:
- Increasing demand for convenience and efficiency in healthcare delivery
- Rising prevalence of chronic diseases and geriatric population
- Growing need to contain healthcare costs
- Advances in information and communication technologies (ICT)
- Government initiatives to promote telemedicine
Scope Of The Report
Report Attributes
Report Details
Report Title
Telemedicine Market Research Report
By Type
Web-based, Cloud-based, On-premise
By Application
Teleconsultation, Telecardiology, Teleradiology, Telepathology, Teledermatology, Tele Home health, Teleoncology, Emergency Medication
By Companies
Amd Global Telemedicine, Apollo Hospitals, GE Healthcare, Haemonetics, Philips Healthcare, Cloudvisit Telemedicine, Maestros Telemedicine, Medisoft Telemedicine, Reach Health, SnapMD Telemedicine Technology
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
177
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Telemedicine Market Report Segments:
The global Telemedicine market is segmented on the basis of:
Types
Web-based, Cloud-based, On-premise
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
Teleconsultation, Telecardiology, Teleradiology, Telepathology, Teledermatology, Tele Home health, Teleoncology, Emergency Medication
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:
- Amd Global Telemedicine
- Apollo Hospitals
- GE Healthcare
- Haemonetics
- Philips Healthcare
- Cloudvisit Telemedicine
- Maestros Telemedicine
- Medisoft Telemedicine
- Reach Health
- SnapMD Telemedicine Technology
Highlights of The Telemedicine 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:
- Web-based
- Cloud-based
- On-premise
- By Application:
- Teleconsultation
- Telecardiology
- Teleradiology
- Telepathology
- Teledermatology
- Tele Home health
- Teleoncology
- Emergency Medication
- 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 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
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- Product & Brand 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 is the use of telecommunications technology to provide medical care. It can involve remote consultation with a doctor, nurse, or other health-care professional.
Some of the key players operating in the telemedicine market are Amd Global Telemedicine, Apollo Hospitals, GE Healthcare, Haemonetics, Philips Healthcare, Cloudvisit Telemedicine, Maestros Telemedicine, Medisoft Telemedicine, Reach Health, SnapMD Telemedicine Technology.
The telemedicine market is expected to register a CAGR of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Telemedicine 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 Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Telemedicine 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 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 Market Size & Forecast, 2020-2028
4.5.1 Telemedicine Market Size and Y-o-Y Growth
4.5.2 Telemedicine 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 Web-based
5.2.2 Cloud-based
5.2.3 On-premise
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 Teleconsultation
6.2.2 Telecardiology
6.2.3 Teleradiology
6.2.4 Telepathology
6.2.5 Teledermatology
6.2.6 Tele Home health
6.2.7 Teleoncology
6.2.8 Emergency Medication
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Telemedicine 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 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 Web-based
9.6.2 Cloud-based
9.6.3 On-premise
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 Teleconsultation
9.10.2 Telecardiology
9.10.3 Teleradiology
9.10.4 Telepathology
9.10.5 Teledermatology
9.10.6 Tele Home health
9.10.7 Teleoncology
9.10.8 Emergency Medication
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 Web-based
10.6.2 Cloud-based
10.6.3 On-premise
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 Teleconsultation
10.10.2 Telecardiology
10.10.3 Teleradiology
10.10.4 Telepathology
10.10.5 Teledermatology
10.10.6 Tele Home health
10.10.7 Teleoncology
10.10.8 Emergency Medication
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 Web-based
11.6.2 Cloud-based
11.6.3 On-premise
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 Teleconsultation
11.10.2 Telecardiology
11.10.3 Teleradiology
11.10.4 Telepathology
11.10.5 Teledermatology
11.10.6 Tele Home health
11.10.7 Teleoncology
11.10.8 Emergency Medication
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 Web-based
12.6.2 Cloud-based
12.6.3 On-premise
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 Teleconsultation
12.10.2 Telecardiology
12.10.3 Teleradiology
12.10.4 Telepathology
12.10.5 Teledermatology
12.10.6 Tele Home health
12.10.7 Teleoncology
12.10.8 Emergency Medication
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 Web-based
13.6.2 Cloud-based
13.6.3 On-premise
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 Teleconsultation
13.10.2 Telecardiology
13.10.3 Teleradiology
13.10.4 Telepathology
13.10.5 Teledermatology
13.10.6 Tele Home health
13.10.7 Teleoncology
13.10.8 Emergency Medication
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 Market: Competitive Dashboard
14.2 Global Telemedicine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Amd Global Telemedicine
14.3.2 Apollo Hospitals
14.3.3 GE Healthcare
14.3.4 Haemonetics
14.3.5 Philips Healthcare
14.3.6 Cloudvisit Telemedicine
14.3.7 Maestros Telemedicine
14.3.8 Medisoft Telemedicine
14.3.9 Reach Health
14.3.10 SnapMD Telemedicine Technology
