Telemedicine Market 2022 Growth, Industry Size, Trends, Shares, Top Players, And Forecast 2027

Astute Analytica released a new market report on the Telemedicine Market. The in-depth study of the industry includes inputs, information, and data from primary and secondary sources that have been evaluated and verified by specialists in the target market.

Along with significant data and other pertinent information, the study evaluates the competitive landscape and global market growth trend based on the business overview and helps businesses and investment organizations better grasp the market's growth characteristics.

The Global Telemedicine Market is registering a tremendous compound annual growth rate (CAGR) of 28.4% during the forecast period from 2021 to 2027.

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Regional Analysis:

According to the United States, Bureau of Labor Statistics, healthcare employment is likely to grow 16% from 2020 to 2030, much faster than the average for all occupations, with about 2.6 million new jobs. This projected increase is primarily due to an aging population, which indicates a higher demand for healthcare services. In May 2021, the median annual wage for healthcare practitioners and technical sectors (such as registered nurses, physicians and surgeons, and dental hygienists) was US$ 75,040, which was higher than the economy's median annual wage of US$ 45,760.

COVID-19 Impact:

Global COVID-19 cases have climbed above 516 million as of May 2022, and the death toll has exceeded 6.25 million. COVID-19 has disproportionately impacted specific racial and ethnic minority groups, as well as underserved and marginalized communities, highlighting the persistent challenges of health equity and health outcomes.

As sector players and the customers, they serve to adapt to a new world of remote working, virtual doctor visits, and a supply chain plagued by shortages of medical goods, employees, and services, the sector is reforming to become more customer-centric.'

Major Key Players in Global Telemedicine Market are:

Medtronic (Ireland)
GE Healthcare (US)
Koninklijke Philips N.V. (The Netherlands)
Cerner Corporation (US)
Chiron Health (US)
Zipnosis (US)
Asahi Kasie Corporation (Japan)
Iron Bow Technologies (US)
Siemens Healthineers (Germany)
IMediplus Inc. (China)
Vsee (US)
Cisco Systems, Inc. (US)
AMC Health (US)
MDLive (US)
Doctor on Demand (US)
Medvivo Group Ltd (UK)
Teladoc Health Inc. (US)
American Well (US)
Telespecialists Llc (US)
GlobalMed (US)
MedWeb (US)
Segmental Analysis:

The segmentation section of the report focuses on every segment, along with highlighting the ones having a strong impact on the Global Telemedicine Market. The segmentation served as the foundation for finding businesses and examining their financial standings, product portfolios, and future growth potential. The second step entailed evaluating the core competencies and market shares of top firms in order to predict the degree of competition. A bottom-up method was used to assess the market's overall size.

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Segmentation Overview

Segmentation based on Component

Hardware
Biosignal sensors (BP, HR, ECG, Temp., OSL, others)
Wearables
IT Infrastructure/Devices
Software
Collaboration Tools
Services
Professional Services (IT consultation, Support, and Maintenance)
Teleconsultation
Telemonitoring
Training & Learning
Segmentation based on Mode

Realtime Interactive Services
Store-and-Forward
Remote Monitoring
Segmentation based on Platform

Phone/Mobile
Internet (Web)
Video
Non-video (telephonic)
Call centers
Segmentation based on Application

Neuropsychology
Nursing
Cardiology
Gastroenterology
Geriatrics
Pharmacy
Rehabilitation
Radiology
Psychiatry
Pathology
Dermatology
Others
Segmentation based on End-user

Hospitals (Providers)
Insurance (Payers)
Patients
Homes
Schools
Enterprises
Assisted Living
Others
Others
Segmentation based on Region:

Europe
Eastern Europe
Russia
Poland
Rest of Eastern Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
North America
The U.S.
Canada
Mexico
Middle East & Africa (MEA)
UAE
Saudi Arabia
Qatar
South Africa
Egypt
Rest of MEA
South America
Brazil
Argentina
Rest of South America
Asia Pacific
China
India
Japan
ASEAN
Malaysia
Indonesia
Thailand
Philippines
Vietnam
Rest of ASEAN
Australia & New Zealand
Rest of Asia Pacific
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This release was published on openPR.