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Telemedicine Market Size Analysis by top key players AMD Global Telemedicine, BioTelemetry, Cerner Corporation, Cisco Systems, Honeywell International Inc, InTouch Technologies, Koninklijke Philips N.V., McKesson Corporation and OBS Medical

04-09-2019 04:08 PM CET | Business, Economy, Finances, Banking & Insurance

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Telemedicine Market Size Analysis by top key players AMD Global

Telemedicine Market Research Report is a professional and in-depth study on the current state of the global industry. The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Telemedicine Market analysis is provided for the international market including development history, competitive landscape analysis, and major regions development status

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Telemedicine Market will exceed USD 130.5 billion by 2025; as per a new research report.

Increasing need for cost reduction of healthcare services is the major factor for growth of telemedicine market. Tele-consultation reduces time and cost of patient visit to a hospital. Telemedicine platform enables quick response to patients needs and healthcare personnel can effectively treat an emergency case, thereby fostering telemedicine market growth.

Rising prevalence of chronic diseases such as osteoarthritis, cardiovascular diseases will be the key drivers of telemedicine market growth. As per Center for Disease Control and Prevention, in U.S. about 54 million people suffer from some form of arthritis annually. With growing number of people suffering from chronic diseases, the demand for telemedicine is poised to grow in the future.

Tele-education/training market is forecasted to expand at 20.8% CAGR across the forecast timeframe. High growth rate is credited to increasing adoption of telemedicine platforms in developing economies. Furthermore, major market players are exploring untapped markets in growing economies, that will boost tele-education/training market in the future.

Telehome market will reach USD 45.2 billion by 2025. Affordable high-speed internet and increasing smart phone and wearables adoption will rapidly boost telehome market. Moreover, increasing importance of real-time monitoring of elder patients will further propel market growth in the future.

Application of telemedicine in neurology is forecasted to expand at 20.0% CAGR across the forecast timeframe. Increasing prevalence of neurological disorders such as Alzheimer?s disease and Parkinson?s diseases will foster market growth in the future. Also, with real-time consultations and remote patient monitoring, the quality of healthcare service provided will improve, thus leading to market growth.

Web/mobile industry is expected to reach USD 80.2 billion by 2025. Increasing penetration of smart phone and internet users in both developing as well as developed countries will be a major factor boosting market growth. Increasing technological advancements and growing telecommunications network will positively drive market growth.

Germany telemedicine market accounted for largest share in 2018 and is forecasted to grow at 18.1% CAGR over the projected period. High growth is attributable to increasing telecommunication structure coupled with growing smart phone users. The escalating prevalence of chronic disorders such as cardiovascular diseases due to adoption of sedentary lifestyles will boost market growth.

Japan telemedicine market is estimated to reach USD 2,702.1 million by 2025. Japan has one of the most advanced telecommunication technologies that enables quick implementation of telemedicine platforms. Medical insurance coverage, improved healthcare, rise in incomes and urbanization is anticipated to bolster the telemedicine market in this region.

Few of the prominent market players involved in global telemedicine market are Allscripts Healthcare Solutions Inc, AMD Global Telemedicine, BioTelemetry, Cerner Corporation, Cisco Systems, Honeywell International Inc, InTouch Technologies, Koninklijke Philips N.V., McKesson Corporation and OBS Medical. The industry participants are engaged in acquisition and collaborations to enhance their market foothold and expand geographic reach.

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Research objectives:

To study and analyze the global Telemedicine size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Telemedicine by identifying its various subsegments.
Focuses on the key global Telemedicine players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Telemedicine with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Telemedicine submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Table of Contents:

1 Telemedicine Market Overview
2 Manufacturers Profiles
3 Global Telemedicine Market Competition, by Players
4 Global Telemedicine Market Size by Regions
5 North America Telemedicine Revenue by Countries
6 Europe Telemedicine Revenue by Countries
7 Asia-Pacific Telemedicine Revenue by Countries
8 South America Telemedicine Revenue by Countries
9 Middle East and Africa Revenue Telemedicine by Countries
10 Global Telemedicine Market Segment by Type
11 Global Telemedicine Market Segment by Application
12 Global Telemedicine Market Size Forecast (2018-2023)
13 Research Findings and Conclusion
14 Appendix

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