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Telemedicine Market Growth and Technological Advancement by Top Key Players are SnapMD, Inc., MDLIVE Inc., 2nd.MD, MeMD Others

02-28-2020 09:30 AM CET | Health & Medicine

Press release from: Fortune Business Insights Pvt. Ltd

Telemedicine Market Growth and Technological Advancement

The global "telemedicine market" size is expected to reach USD 185.66 billion by 2026, exhibiting a CAGR of 23.5% in the forecast period. The advancement in information and technology will contribute positively to the growth of the market. In addition, the increasing number of e-visits, expansion of telemedicine in areas of radiology, cardiology, behavioral health, and others will create new sales opportunities for the telemedicine market in the forthcoming years, states the lead analysts at Fortune Business Insights.

Leading Players operating in the Telemedicine Market are:

Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:

SnapMD, Inc.
MDLIVE Inc.
Encounter Telemedicine
MD
MeMD
InTouch Technologies, Inc.
GlobalMed
For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/telemedicine-market-101067

Launch of Solo by InTouch to Spur Business Opportunities

InTouch, a virtual healthcare company announced a new telehealth product called Solo that is a fully equipped, end-to-end care platform. Solo is able to integrate scheduling, eligibility confirmation, e-prescriptions, patient surveys, payments, and digital signatures. A number of major EHR platforms such as Epic, Allscripts, and Cerner are able to integrate with the technology. The launch of the new platform is expected to bolster the healthy growth of the market during the forecast period owing to its design, which can accommodate multiple settings including direct-to-consumer, direct-to-patient, provider-to-provider, clinics, worksites and emergency departments. Furthermore, Solo will be run through the InTouch Network and will include an updated interface for telemedicine visits, IT integrations and care coordination.

Detailed Table of Content:

Introduction
Research Scope
Market Segmentation
Research Methodology
Definitions and Assumptions
Executive Summary
Market Dynamics
Market Drivers
Market Restraints
Market Opportunities
Key Insights
Overview of Telemedicine Services
Reimbursement Scenario - For Key Countries
Overview of Telemedicine Policies - For Key Countries
Technological Advancements in Telemedicine Market
Startups with their Funding Overview
Key industry Developments - Mergers, Acquisitions and Partnerships
Global Telemedicine Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis, Insights and Forecast - By Type
Products
Services
Market Analysis, Insights and Forecast - By Application
Teleradiology
Telepathology
Teledermatology
Telepsychiatry
Telecardiology
Others
Market Analysis, Insights and Forecast - By Modality
Store-and-forward (Asynchronous)
Real-time (Synchronous)
Others
Market Analysis, Insights and Forecast - By End User
Healthcare Facilities
Homecare
Market Analysis, Insights and Forecast - By Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
TOC Continued...!

Request a Sample Copy of the Global Telemedicine Market Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/telemedicine-market-101067

Key Segmentation:

By Type

Products
Services
By Application

Teleradiology
Telepathology
Teledermatology
Telepsychiatry
Telecardiology
Others
By Modality

Store-and-forward (Asynchronous)
Real-time (Synchronous)
Others
By End User

Healthcare Facilities
Homecare
By Geography

North America (the USA (District of Columbia, Alaska, New York, South Dakota, Maryl and) and Canada)
Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
Latin America (Brazil, Mexico and Rest of Latin America)
Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)

Improved Reimbursement Policies to Speed up Expansion in North America

North America generated a revenue of USD 14.6 billion in 2018 and is expected to remain dominant during the forecast period owing to the strong government support for the establishment of improved practice standards in healthcare. The improvement in reimbursement policies is expected to boost the growth in North America further. For instance, the Florida Senate passed House Bill 23, in order to standardize the telehealth and telemedicine practices. In addition, the strategic presence of major players in this region and the rising number of e-visits is expected to augment the telemedicine market growth in North America. Moreover, the rising adoption of telemedicine applications and the emergence of mobile technology along with burgeoning demand for smartphones will contribute significantly to the growth of the market.

Reasons to Purchase this Report:

Comprehensive analysis of the Telemedicine Market growth drivers, obstacles, opportunities, and other related challenges.

Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
Identifies market restraints and boosters.
Identifies all the possible segments present in the market to aid organizations in strategic business planning.

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About Us:

Fortune Business Insights(TM) offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

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