Global Telemedicine Market Overview, Size, Share and Trends 2018-2023
Summary
A new market study, titled “Global Telemedicine Market Research and Forecast, 2018-2023” has been featured on WiseGuyReports.
This market research report on global telemedicine market published by Orion Market Research presents in-depth analysis of telemedicine market by applications, components, mode of delivery and geography.
The market is expected to grow at a CAGR of 17.3% from 2018-2023, owing to technological advancements in telecommunication sector and need for cost effective healthcare solutions. Increasing prevalence of chronic diseases and need for remote patient monitoring options are also stimulating the market. Furthermore, increasing patient demands for telemedicine are also expected to boost market growth during the forecasted period. However, lack of skilled workforce and high costs and complexity of infrastructure are some of the major factors inhibiting the growth of the market.
With rapidly ageing population, North America leads the market due to popularity of homecare patient settings and technological advancements in healthcare infrastructures. Furthermore, rising healthcare investments and government initiatives are fuelling the growth of telemedicine in this region. However, APAC is expected to be the fastest growing market owing to increasing government spending, healthcare expenditures, rising disposable incomes and increasing patient awareness.
The key players in the global telemedicine market profiled in this report include Advanced Icu Care, Amd Global Telemedicine Inc., American Well, Careclix, Cloudvisit Telemedicine, Doctor on Demand, Ergotron, Insta Md, Maestros Telemedicine, MDLive, Medisoft Telemedicine Pvt. Ltd., Philips Healthcare, Reach Health, SnapMD Telemedicine Technology, Spruce, Teladoc, Televital, USARAD, Utila and Vitaphone E-Health Solutions.
MARKET SEGMENTATION
The market is segmented by applications, components, mode of delivery and geography. The market segmentation on the basis of components include software, hardware and services. Segmented on the basis of mode of delivery, the report covers on premise model, cloud-based model and web hosted model of delivery. The market segmented on the basis of applications include teleconsultations (teleradiology, telecardiology, telepathology, teledermatology and others). The market is segmented on the basis of geography which includes North America, Europe, APAC and RoW.
The Report Covers:
Comprehensive research methodology of global telemedicine market
In-depth analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global telemedicine market
Insights about market determinants which are stimulating the global telemedicine market
Detailed and extensive market segments with regional distribution of forecasted revenues
Extensive profiles and recent developments of market players
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