Press release
Telemedicine Technologies Market to Witness an Outstanding Growth During 2020 – 2022 | AMD Telemedicine, Cerner Corporation, Polycom Inc.
The Business Research Company
The global telemedicine technologies market was valued at $26.7 billion in 2016 and is expected to reach $77.2 billion by 2022, growing at a CAGR of 19.4% during the forecast period of 2017 to 2022. Growth in the telemedicine market in the historic period resulted from rise in base of geriatric population, increased medical treatments in remote locations, technological advances and rise in demand for quality healthcare.
The Key drivers of the telemedicine technologies market include:-
Wireless devices such as smartphones and mobile phones are now a ubiquitous element of everyday life across the world. e-Marketer, a service which closely follows the digital marketing, media, and commerce industries, estimates that the number of US consumers with smartphones will be more than double from 93.1 million at the end of 2011 to 192.4 million by 2016. At the same time, the number of smartphone consumers across the globe is expected to reach 2 billion in 2016 from 1.74 billion in 2014.
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Telemedicine Technologies Market Segmentation:-
By Service Type
1. Tele-Home
2. Tele-Hospital
Tele-Hospital is segmented into B2B tele-hospital, and B2C tele-hospital.
By Application
1. Tele-Radiology
2. Tele-Consultation
3. Tele-Monitoring
4. Tele-Surgery
5. Others
Growth has accelerated in all the segments of the global telemedicine technologies market by application.
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By Geography - The telemedicine technologies market is segmented into
1.North America
2.Western Europe
3.Asia Pacific
4.Eastern Europe
5.South America
6.Middle East
7.Africa
Some of the major key players involved in the telemedicine technologies market are
1. Aerotel Medical Systems
2. Cerner Corporation
3. AMD Telemedicine
4. GE Healthcare (Subsidiary of GE)
5. Polycom Inc.
6. Honeywell Life Care Solutions
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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