Press release
Virtual Care Market Trend Shows A Rapid Growth by 2027 - AMD Global Telemedicine, American Well, AT&T, CHI Health, General Electric, Koninklijke Philips, MDLIVE, MedSpring, United HealthCare Services
Virtual care is defined as virtual interaction or visit between patient and hospitals or clinics via communication technology. The communication technology can be video or audio connectivity that enables virtual meetings to happen in real time. Virtual care enables patients and doctors and patients to interact with each other from any location across the globe in real-time. The various advantages associated with virtual care are real-time interaction, eliminates geographical barrier, reduces cost & time, and others. Virtual care has significant application in disease management which requires constant follow-ups.“Global Virtual Care Market” provides detailed insight covering all important parameters including Development Trends, Challenges, Opportunities, Key Manufacturers and Competitive Analysis.
The increasing adoption of connected health gadgets and the adoption of smartphones are significantly driving the virtual care market. Another potential factors driving the market are wide availability of doctors over the virtual platform, and reduced cost of consultation and follow-ups. The Kiosks in pharmacy and hospitals are the key source for revenue generation for vendors.
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The report aims to provide an overview of virtual care market with detailed market segmentation by consultation type, end-user, and geography. The global virtual care market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading virtual care market players and offers key trends and opportunities in the market.
Top Key Players profiles in this report includes, AMD Global Telemedicine, Inc., American Well, AT&T, CHI Health, GENERAL ELECTRIC COMPANY, Koninklijke Philips N.V., MDLIVE Inc., MedSpring, United HealthCare Services, Inc.
The global virtual care market is segmented on the basis of consultation type and end-user. Based on consultation type, the market is segmented as video consultation, audio consultation, and kiosks. On the basis of end-user the market is segmented as hospitals, pharmacy, individuals, and other medical service providers.
Market drivers, restraints, and opportunities have been evaluated to explain the anticipated nature of investments and their impact on the Global Virtual Care Market in terms of future prospects. Recent developments in terms of technological advancements have been described along with an in-depth analysis of their future plans. The Global Virtual Care Market report also depicts market shares of these global and regional players to provide recommendations to our clients so as to give a broad view of the potential opportunities these players bring into the industry.
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The reports cover key developments in the virtual care market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players.
The report analyzes factors affecting virtual care market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the virtual care market in these regions.
Reasons to Buy the Report:
• Learn about the driving factors, affecting the market growth.
• Imbibe the advancements and progress in the market during the forecast period.
• Understand where the market opportunities lies.
• Compare and evaluate various options affecting the market.
• Pick up on the leading market players within the market.
• Envision the restrictions and restrains that are likely to hamper the market.
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Contact Us:
Company: The Insight Partners
Contact: Sameer Joshi
Phone: +1-646-491-9876
Email: sam@theinsightpartners.com
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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