North America Telemedicine Market will touch a valuation of nearly US$ 22,556.58 Million in 2021 | Cerner Corporation, Cisco Systems, Inc., Eagle Telemedicine Solutions Llc
The Telemedicine Market in North America is expected to grow from US$ 22,556.58 million in 2021 to US$ 74,682.98 million by 2028; it is estimated to grow at a CAGR of 18.7% from 2021 to 2028.The North America Telemedicine market is divided into the US, Canada, and Mexico. North America captured the most significant share in the global market. The growth of the market is driven by factors such as rising adoption of Telemedicine in the US, rising public health awareness, increasing strategic activities by the government, and presence of leading players. In the United States, 76% of hospitals connect with patients using some form of telemedicine. With increasing need for a multidisciplinary approach to care and patient-provider partnerships, telemedicine has helped strengthen connections between patients, health care providers, and other stakeholders.
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Social distancing is one of the major strategies adopted by various countries to contain the spread of COVID-19 infection. Among such circumstances, telemedicine is proving key expertise to get health consultations. Increasing number of people are opting for virtual visits for health check-ups. For instance, in March 2020, Teladoc, one of the leading companies offering virtual care, announced that it received ~15,000 virtual visit requests in a single day.
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Major Key players covered in this report:
• Allscripts Healthcare Solutions, Inc.
• Amd Global Telemedicine, Inc.
• American Well Corporation
• Cerner Corporation
• Cisco Systems, Inc.
• Eagle Telemedicine Solutions Llc
• Honeywell International, Inc.
• Insight
• Koninklijke Philips N.V
• McKesson Corporation
• Teladoc Health
Telemedicine Market Segmentation
North America Telemedicine Market - By Type
Telehospital
Telehome
North America Telemedicine Market - By Product and Services
Software and Hardware
Tele-Consulting
Tele-Monitoring
Tele-Education/Training
North America Telemedicine Market - By Specialty
Cardiology
Gynecology
Neurology
Orthopedics
Dermatology
Mental Health
Others
North America Telemedicine Market - By Delivery Mode
Mobile
Call Centres
Web
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The COVID-19 pandemic has resulted in a significant increase in the reliance on telemedicine and telehealth for the provision of health care services. COVID-19 has caused a massive acceleration in the use of telehealth. Consumer adoption has skyrocketed, from 11 percent of US consumers using telehealth in 2019 to 46 percent of consumers now using telehealth to replace canceled healthcare visits.
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