Global Telemedicine Technologies and Services Market: Big Changes to Have Big Impact | Hoffmann-La Roche Ltd., Honeywell International, Inc., McKesson Corporation, Inc

Telemedicine is the use of information technologies and telecommunications to share information and provide education, clinical care, administrative services, and public health. Video conferencing, wireless technologies, data monitoring, internet-based technologies, smartphone apps, interactive voice response technology, fax, and audio conferencing are technologies used in telemedicine technologies and services. The global telemedicine technologies and services market is divided into six regions, such as North America, Europe, Asia Pacific, Middle East, Africa, and South America.

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Drivers:

Rising chronic conditions, increasing awareness about telemedicine, government initiatives, and financial support, increasing geriatric population, and increasing technological advancements are expected to drive the global telemedicine technologies and services market growth. For instance, in September 2020, Texas Government announced an agreement with Health Insurers and supported Payment parity for Telehealth throughout 2020. Moreover, the rise in telemedicine products and growth in healthcare infrastructure are expected to fuel the global telemedicine technologies and services market growth.

Restraints:

Stringent rules and regulations, lack of awareness, and technical challenges are expected to hamper the global telemedicine technologies and services market growth.

Regional Insights:

North America is expected to maintain its dominance in the global telemedicine technologies and services market, followed by Europe due to expansion of technological and telemedicine market, increasing chronic diseases, growing healthcare concerns, rising number of telemedicine solutions, increasing government and private sector funding, and the presence of expanding industry players. For instance, In January 2020, Teladoc announced a definitive agreement to acquire InTouch Health. This acquisition will enable the company to establish a leading position in the virtual care industry.

The Asia Pacific has also expected to witness robust growth in the global telemedicine technologies and services market due to favorable government initiatives, increasing awareness amongst patients about telemedicine, government support, increasing geriatric population, and increasing healthcare facilities in the region.

Competitive Section:

Major players operating in the global telemedicine technologies and services market are Medtronic plc, Hoffmann-La Roche Ltd., Honeywell International, Inc., McKesson Corporation, Inc., LifeWatch AG, OBS Medical Ltd., Aerotel Medical Systems Ltd., GlobalMedia Group LLC, AMD Global Telemedicine, Philips Healthcare, Abbott, General Electric Company, Koninklijke Philips, and MindChild medical.

In July 2020, AMD Global Telemedicine launched Direct Health, a new virtual online database and patient portal to Streamline COVID-19 Test Results.
In August 2020, AMD Global Telemedicine and ITelemed announced their business partnership, this aims for Canada in growing local and national economies around Digital Healthcare provision of infrastructure support, service, and job metrics, research and training for new models of healthcare, innovation, and technologic design between international corporations such as AMD and Canada.
In July 2019, GE Healthcare collaborated with InTouch Health to provide virtual communication features into Mural, GE Healthcare's new telehealth platform.

Following are significant Table of Content of Telemedicine Technologies and Services Market Report:

1. Industry Overview of Telemedicine Technologies and Services Market.
2. Assembling Cost Structure Analysis of Telemedicine Technologies and Services Market.
3. Specialized Data and Manufacturing Plants Analysis of Telemedicine Technologies and Services Market.
4. Capacity, Production, and Revenue Analysis.
5. Value, Cost, Gross and Gross Margin Analysis of Telemedicine Technologies and Services Market by Regions, Types, and Manufacturers.
6. Utilization Volume, Consumption Value, and Sale Price Analysis of Telemedicine Technologies and Services Market industry by Regions, Types, and Applications
7. Supply, Import, Export, and Consumption Analysis of Telemedicine Technologies and Services Market.
8. Significant Manufacturers Analysis of Telemedicine Technologies and Services Market industry.
9. Advertising Trader or Distributor Analysis of Telemedicine Technologies and Services Market.
10.Industry Chain Analysis of Telemedicine Technologies and Services Market.

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