Telemedicine Market 2028 Recovering from Covid-19 Outbreak- More Details About key players and Future Analysis
Based on type, the telemedicine market is bifurcated into telehospital and telehome. In 2020, the telehospital segment accounted for a larger market share. The market growth for this segment is attributed to the increasing prevalence of chronic and lifestyle-associated diseases, and rising use of smartphones & development of various mobile platforms.. However, healthcare fraud and rising data security concerns restrain the market growth. On the other side, the increasing adoption of telemedicine amid COVID-19 outbreak pandemic offers lucrative opportunities for the growth of the global telemedicine market.
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Companies Profiled in this report includes: Allscripts Healthcare, LLC; Cerner Corporation; Cisco Systems, Inc.; Eagle Telemedicine; Honeywell International Inc.; McKesson Corporation; Koninklijke Philips N.V.; AMD Global Telemedicine, Inc.; American Well; Teladoc Health, Inc.
These companies are focusing on partnerships, product launches, collaborations, and other business strategies to sustain their position in the market. For instance, in December 2020, Philips acquired BioTelemetry, Inc, a global leader in patient care management solutions for the hospital and the home.
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The report segments the global Telemedicine market as follows:
By Product and Services
• Software and Hardware
• Mental Health
By Delivery Mode
• Call Centres
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