Telemedicine Market to Grow at a CAGR of 18.6% to reach US$ 199,544.64 Million from 2020 to 2027 - Biotelemetry, Inc. (Philips), Teladoc Health, Cerner Corporation, Cisco Systems, Inc.

The telemedicine market was valued at US$ 51,094.75 million in 2020 and is projected to reach US$ 199,544.64 million by 2028; it is expected to grow at a CAGR of 18.6% during 2021–2028.

The rising incidence of chronic diseases is a global concern, and these diseases cause extra financial burden on healthcare sectors. Telehomecare is a pioneering way to provide care, monitor patients, and transmit information by using latest telecommunication technologies. Monitoring allows early-stage identification of disease, thus preventing chronic disease conditions. Telehome systems can be used to track and support patients with a variety of respiratory and chronic conditions that can be treated without the need of hospital visits. Furthermore, telehome services could also help reduce communications in person and lower the spread of communicable diseases. The implementation of telehome services also benefits patients economically and lowers the burden on physicians. According to the World Health Organization (WHO), chronic diseases are the leading causes of death worldwide, accounting for 60% of total deaths. Among all chronic diseases, cardiovascular diseases (CVDs) are the leading cause of deaths. The prevalence of chronic diseases such as cancer, CVDs, stroke, respiratory diseases, and diabetes is increasing due to alterations in lifestyle and lack of access to preventive care. The causes of chronic diseases may vary from genetic disposition to environmental factors and oxidative stress. The rising incidence of these chronic diseases is propelling the demand and adoption of telemedicine platforms.

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Telemedicine Market Competition Landscape and
Key Developments:
1. Allscripts Healthcare Solutions, Inc.
2. Amd Global Telemedicine, Inc.
3. American Well Corporation
4. Biotelemetry, Inc. (Philips)
5. Teladoc Health
6. Cerner Corporation
7. Cisco Systems, Inc.
8. Eagle Telemedicine Solutions Llc
9. Insight
10. Koninklijke Philips N.V
11. McKesson Corporation

Telemedicine Market Segmental Overview: The report specifically highlights the Telemedicine market share, company profiles, regional outlook, product portfolio, a record of the recent developments, strategic analysis, key players in the market, sales, distribution chain, manufacturing, production, new market entrants as well as existing market players, advertising, brand value, popular products, demand and supply, and other important factors related to the market to help the new entrants understand the market scenario better.

The report specifically highlights the Telemedicine market share, company profiles, regional outlook, product portfolio, a record of the recent developments, strategic analysis, key players in the market, sales, distribution chain, manufacturing, production, new market entrants as well as existing market players, advertising, brand value, popular products, demand and supply, and other important factors related to the market to help the new entrants understand the market scenario better.

To comprehend global Telemedicine market dynamics in the world mainly, the worldwide market is analyzed across major global regions: North America (United States, Canada and Mexico), Europe (Germany, France, United Kingdom, Russia and Italy), Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia), South America (Brazil, Argentina), Middle East & Africa (Saudi Arabia, UAE, Egypt and South Africa)
Our Sample Report Accommodate a Brief Introduction of the research report, TOC, List of Tables and Figures, Competitive Landscape and Geographic Segmentation, Innovation and Future Developments Based on Research Methodology

Reasons to Buy:
• The nature of Telemedicine business opportunities has grown in complexity with the industry evolving at a greater pace, making it increasingly difficult going without adequate information on markets and companies.
• Gain a complete understanding of Global Telemedicine industry through the comprehensive analysis
• Evaluate the pros and cons of investing/operating in country level Telemedicine markets through reliable forecast model results
• Identify potential investment/contract/expansion opportunities
• Drive your strategies in the right direction by understanding the impact of latest trends, market forecasts on your Telemedicine business
• Beat your competition through information on their operations, strategies and new projects
• Recent insights on the Telemedicine market will help users operating in the market to initiate transformational growth

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