Telemedicine Market Growing at a CAGR of 17.7% With Focusing Top Industry Players are Cisco, Medtronic, Philips, GE Healthcare, Apollo Hospitals, Roche, McKesson, Honeywell, Allscripts and Haemonetics

According to Research For Markets, the Global Telemedicine Market is accounted for $21.56 billion in 2017 and is expected to reach $93.45 billion by 2026 growing at a CAGR of 17.7% during the forecast period.

Telemedicine market report also delivers lists of the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the Industry. Telemedicine Market report also helps to provide statistics on the current state of the industry as a valuable source of guidance and direction for companies and Investors interested in this market.

Some of the key factors influencing the market growth include rising prevalence of chronic diseases, favorable government initiatives, telecommunication growth in BRIC countries and growing Medicare reimbursement for telehealth services. However, privacy & security concerns and high infrastructure cost are hampering the market. In addition, growing acceptance of 4G and 5G spectrum provides huge opportunities for the players in the market.

Competitive Analysis: Global Telemedicine Market

· GE Healthcare,

· Cisco Systems,

· Lantronix,

· Cerner,

· Ihealth Lab,

· Bernoulli Enterprise,

· True Process,

· Infosys,

· Medtronic,

· Nanthealth,

· Philips Healthcare,

· Qualcomm,

· Siemens Healthcare,

· Digi International,

· Dragerwerk AG

· eDevice Inc

A Sample of this Report is Available upon Request @ https://www.researchformarkets.com/sample/telemedicine-global-market-172034

Telemedicine is considered as the most adaptable technology accessible to deliver health education, health information and health care at a distance. Through the technologies, sophisticated patient centered care and increased access to remote locations is possible. It also helps in reducing emergency room visit and hospitalization rate, thus augmenting the market growth. Telemedicine serves as a provision for a variety of remote clinical services, which gain with the help of real-time, two-way communication between the patient and the healthcare provider. This involves the application of a variety of electronic, audio, and visual means.

Among the various services of telemedicine, tele-monitoring is expected to grow at the significant market share during forecast period. This can be attributed to the increasing geriatric and disabled populations who are commonly diagnosed with diabetes and cardiovascular complications. By geography, the Asia Pacific region exhibits fastest growth and is expected to lead the global market by the end of the decade due to increasing populations in rural & urban areas and augmented government initiatives. Moreover, the existence of a large number of technology developed units in this region offering cheaper equipments shall ensure steady market growth.

Components Covered:

• Software

• Services

• Hardware

Services Covered:

• Tele-monitoring

• Tele-education

• Tele-training

• Tele-consultation

• Tele-surgery

• Tele-care

• Other Services

Delivery Modes Covered:

• Cloud-Based

• On-Premise

• Web-Based

Specialties Covered:

• Orthopedics

• Neurology

• Internal Medicine

• Gynecology

• Emergency Care

• Dermatology

• Cardiology

• Other Specialities

Request for Report Brochure for Latest Industry Insights @ https://www.researchformarkets.com/reports/telemedicine-global-market-172034

Major Table of Contents:

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 By Product & Service

6 By Component

7 By Application

8 By End User

9 By Geography

10 Key Developments

11 Company Profiling

Get Attractive Discount @ https://www.researchformarkets.com/discount/telemedicine-global-market-172034

Insights of the Study

1. Comprehensive quantitative analysis of the industry is provided for the period of 2016-2023 to assist stakeholders to capitalize on the prevailing market opportunities.

2. Extensive analysis of the key segments of the industry helps in understanding the trends in types of point of care test across Global.

3. Key market players and their strategies have been provided to understand the competitive outlook of the industry.

4. The study provides an in-depth analysis of the point of care test market along with the current trends and future estimations to elucidate the imminent investment pockets.

5. Comprehensive analysis of the factors that drive and restrict the market growth is provided in the report.

Inquiry Before Buying@ https://www.researchformarkets.com/inquiry/telemedicine-global-market-172034

About Research for Markets:

Research for Markets indulges in detailed and diligent research on different markets, trends and emerging opportunities in the successive direction to cater to your business needs. We have established the pillars of our flourishing institute on the grounds of Credibility and Reliability. RFM delve into the markets across Asia Pacific, North America, South America, Europe, Middle East and Africa.

Contact:

Mr. A Naidu

Research for Markets

Tel: +44 8000-4182-37 (UK)

Email: alan.naidu@researchformarkets.com

This release was published on openPR.