Telemedicine Technologies and Services Market Expected to Reach US$ 86.7 Bn in 2023

Telemedicine is the union of health care and telecommunication/information technology aimed at providing assistance to individuals in remote areas, inaccessible to health care centers in times of need. Critical care and emergency situations are the primary areas for which telemedicine evolved in practice. The healthcare industry has always been one of the most lucrative, yet steadily growing, industries in the global market. The requirement of healthcare is termed as critical and crucial to the sustenance of life, hence considered an important industry. The overall telemedicine technology has already created a positive impact in the developed regions. However, regional governments in the developing nations have expressed their approval and support to the technology that helps save lives and uplift the global standard of health.

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This report provides in-depth analysis of the global telemedicine technologies and services market. The stakeholders for this report include companies involved in the manufacture of telemedicine component, provide telemedicine services to the hospitals and homes, suppliers and new entrants planning to invest in this market. For providing a snapshot of this market to the stakeholders, executive summary section is included in this report, which summarizes the market size, trends and competition for different telemedicine component and services in five major regions.

The market overview section of this report analyzes market dynamics such as drivers, restraints and opportunities that influence the telemedicine technologies and services market in the current and future scenario. Heat map among the market players is analyzed to signify the presence of market players in the relevant (hardware, software, service) segment of the market. All these factors will help the market players to decide about the business strategies and plans to be incurred in future for strengthening their position in the global market.

The telemedicine technologies and services market by component has been segmented as hardware, software and services. Telemedicine hardware involves collection of physical parts and assemble into a proper telemedicine system. The hardware segment has been categorized into videoconferencing unit, imaging unit, vital signs unit, ECG, and others. Integrated and stand alone are the type of software in the telemedicine technologies and services market. The global telemedicine services market has been segmented as interactive, store and transfer and chronic care. Based on end-user, the global telemedicine technologies and services market has been segmented into telehospital/teleclinic and telehomes.

Geographically, the telemedicine technologies and services market has been differentiated into five major regions: North America, Europe, Asia Pacific, Latin America and the Middle East & Africa. Moreover, analysis for the major countries comprising U.S. Canada, Germany, France, Japan China, India, Australia, Brazil, and Saudi Arabia have also been provided in the report.

The report provides market estimation of telemedicine technologies and services in terms of revenue (US$ Mn) for all the segments and sub segments with CAGR % for period 2015 to 2023, considering 2014 as the base year. The report also provides heat map analysis of the key players operating in the market on basis of their products and services offered globally. The report also provide market attractiveness analysis by geography that depicts the most attractive regions in the global market during the forecast period from 2015 to 2023.

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This report also includes recommendations section that will assist new companies in establishing their presence and market players in expanding their market share in the telemedicine technologies and services market. The report concludes with the company profile section which includes company overview, financial overview, product portfolio, business strategies and recent developments for market players. The major players that are profiled in the report include Aerotel Medical Systems Ltd., AMD Global Telemedicine, Inc., General Electric Company, Honeywell International, Inc. and LifeWatch AG

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