Telemedicine Market May Set Huge Growth by 2026 | Koninklijke Philips, Medtronic, IBM

Latest business intelligence report released on Global Telemedicine Market, covers different industry elements and growth inclinations that helps in predicting market forecast. The report allows complete assessment of current and future scenario scaling top to bottom investigation about the market size, % share of key and emerging segment, major development, and technological advancements. Also, the statistical survey elaborates detailed commentary on changing market dynamics that includes market growth drivers, roadblocks and challenges, future opportunities, and influencing trends to better understand Telemedicine market outlook.

List of Key Players Profiled in the study includes market overview, business strategies, financials, Development activities, Market Share and SWOT analysis:
Aerotel Medical Systems (1998) Ltd (United States), Allscripts Healthcare Solutions Inc. (United States), AMD Global Telemedicine Inc. (United States), Resideo Technologies Inc. (Honeywell Life Care Solutions) (United States), InTouch Technologies Inc. (United States), Koninklijke Philips NV (Netherlands), Medtronic PLC (Ireland), IBM (United States), Doctor on Demand (United States), McKesson Corporation (United States)

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Brief Overview on Telemedicine:
The global Telemedicine market is expected to witness high demand in the forecasted period due to the rising demand due to COVID 19 pandemic and increasing remote patient monitoring across the globe. Telemedicine is the use of electronic communication to offer healthcare services to patients located in remote locations. Telemedicine uses ICTs to overcome geographical barriers and increase access to health care services. This is particularly beneficial for rural and underserved communities in developing countries groups that traditionally suffer from lack of access to health care. Social distancing is one of the key trends in minimizing the spread of COVID-19 infection. Due to social distancing implemented by various countries across the world, virtual care delivery is stepping up as an effective solution for safe and better communication. The WHO mentioned telemedicine as one of the essential services in the policy to respond to the COVID-19 emergency. Many increasing numbers of corona virus-positive cases along with chronic respiratory diseases have increased the adoption of telemedicine services. Patients with suspected flu-like symptoms are accessing various telemedicine platforms to avail healthcare services remotely.

Key Market Trends:
Rising cases of COVID-19 infections across the globe
High adoption due to Favorable government initiatives

Opportunities:
High utility in combating infectious diseases and epidemics

Market Growth Drivers:
Rising prevalence of chronic conditions and cost-benefits of telehealth& telemedicine
Increasing population as well as need to expand healthcare access

Segmentation of the Global Telemedicine Market:
by Type (Telehospitals, Telehomes, mHealth (mobile health)), Application (Teleconsultation, Telecardiology, Teleradiology, Telepathology, Teledermatology, Tele Home health, Teleoncology, Emergency Medication)

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Geographically, the following regions together with the listed national/local markets are fully investigated:
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)

Furthermore, the years considered for the study are as follows:
Historical data – 2016-2020
The base year for estimation – 2020
Recent Estimated Year – 2021
Forecast period** – 2021 to 2026 [** unless otherwise stated]

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Summarized Extracts from TOC of Global Telemedicine Market Study
Chapter 1: Exclusive Summary of the Telemedicine market
Chapter 2: Objective of Study and Research Scope the Telemedicine market
Chapter 3: Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis
Chapter 4: Market Segmentation by Type, End User and Region/Country 2016-2026
Chapter 5: Decision Framework
Chapter 6: Market Dynamics- Drivers, Trends and Challenges
Chapter 7: Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 8: Appendix, Methodology and Data Source

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