Telemedicine Market Size, Industry Outlook and Forecast To 2027 | Amd Global Telemedicine, Apollo Hospitals, GE Healthcare, Haemonetics, Philips Healthcare

MarketInsightsReports, a leading global market research firm, is pleased to announce its new report on Telemedicine market, forecast for 2021-2027, covering all aspects of the market and providing up-to-date data on current trends.

The Telemedicine Market report provides the overall structure and business outlook of the global and regional industries. The study also involves the important Achievements of the market, Research & Development, new product launch, product responses, and regional growth of the leading competitors operating in the market on a global and local scale. The structured analysis contains graphical as well as a diagrammatic representation of the global Telemedicine Market with its specific geographical regions.

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“Telemedicine Market was valued at approximately USD 38,289 million in 2020, and it is expected to witness a revenue of USD 168,396 million in 2026, with a CAGR of 28% over the forecast period, 2021-2026”

Top leading Companies Profiled in Tire Mold Market Report are Amd Global Telemedicine, Apollo Hospitals, GE Healthcare, Haemonetics, Philips Healthcare, Cloudvisit Telemedicine, Maestros Telemedicine, Medisoft Telemedicine, Reach Health, SnapMD Telemedicine Technology

Industry Recent Developments and Updates

August 27, 2021 India launches incentives scheme supporting 75 startups in telemedicine, digital health- India's Ministry of Science and Technology has announced that the government is launching a special incentives scheme to support 75 startups in telemedicine, digital health and artificial intelligence.

March 15, 2021 Amazon to soon launch telehealth offering in all 50 states, report says- Amazon's app-based healthcare service for employees, Amazon Care, will soon launch throughout the country, Insider reported this past Friday. Although it is currently only available to the tech giant's Washington-based employees, sources told the outlet that Amazon Care is gearing up to offer the service for the rest of its U.S. workers. 

Sep 18, 2021 AXA launches toll free telemedicine helpline- Global insurance major AXA has launched a toll-free helpline in India to provide telemedicine services. Inaugurated by union minister of State (Independent Charge) Science & Technology, Jitendra Singh the toll-free helpline is with NGO partner Sewa International in Delhi NCR, Haryana, Maharashtra, and Rajasthan.

Market Overview

Healthcare costs are rising across the world. The primary driver for rising healthcare costs is increased utilization of healthcare services, which results in the growth of consumer demand for innovative and new techniques, lifestyle factors, etc. Furthermore, it can also be attributed to the cost-shifting from government programs to private payers. Low reimbursement rates have increased the cost-shifting burden on hospitals and doctors, who, in turn, charge much higher rates for the same facilities to private payers, which ultimately affects the health insurance rates. As per National Health Expenditure Projections 2018-2027, national health spending is projected to grow at an average rate of 5.5% per year for 2018-2027 and reach nearly USD 6.0 trillion by 2027 in the United States.

The rising incidence of chronic ailments like cancer and diabetes is expected to develop the market during the assessment timeframe. Also, the lack of physicians in the presence of growing health care services demands boosts telemedicine market share.  Telemedicine is expected to the most versatile technology to deliver efficient health services at a distance.

For instance, in November 2020, Morneau Shepell introduced its first unified telemedicine solution in the United States. Under this service, regional employees and their families will get access to digital health care support for all their crucial and immediate wellbeing needs. Also, in August 2020, AMD Global Telemedicine, Inc. collaborated with iTelemed which is an Ontario based company providing virtual healthcare solutions to cater to the unmet healthcare needs of the marginalized populations within Canada during the COVID-19 pandemic. Thus, given the aforementioned factors, the telemedicine market is expected to grow significantly in North America over the forecast period.

SPECIAL OFFER (Avail an Up-to 25% discount on this report, please fill the form and mention the code: MIR30 in the comments section)

Market Research Study Focus on these Types:

Web-based

Cloud-based

On-premise

Market Research Study Focus on these Applications:

Teleconsultation

Telecardiology

Teleradiology

Telepathology

Teledermatology

Tele Home health

Teleoncology

Emergency Medication

Global Telemedicine Market: Regional Segment-

─North America (US, Canada)

─Europe (Germany, UK, France, Rest of Europe)

─Asia Pacific (China, Japan, India, Rest of Asia Pacific)

─Latin America (Brazil, Mexico)

─Middle East and Africa

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Key Takeaways from Telemedicine Report

─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals

─Understand the different dynamics influencing the Telemedicine market – key driving factors, challenges and hidden opportunities.

─Get in-depth insights on your competitor performance – Telemedicine market shares, strategies, financial benchmarking, product benchmarking, SWOT and more

─Analyze the sales and distribution channels across key geographies to improve top-line revenues.

─Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

─Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.

─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Telemedicine

Telemedicine Market Scenario:

This research report represents a detailed research overview of the competitive landscape of the Telemedicine Market. Furthermore, it offers massive data relating to recent trends, developments, tools, and methodologies. The research report analyzes the Telemedicine Market in a detailed manner for better insights into the businesses.

The report evaluates the growth rate and the Market value based on Market dynamics, growth-inducing factors. The complete knowledge is based on the latest industry news, threats, opportunities, and trends. The report contains a comprehensive Market analysis and vendor landscape in addition to a SWOT analysis of the key vendors.

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Available Customization– The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.

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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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