Press release
Telemedicine Market Research Report by Type, Product Development, Distribution, Application, Region Forecast by 2027 | Vsee (US), Cisco Systems, Inc. (US), AMC Health (US)
The Telemedicine Market research contains all of the information on variables such as boom strategy, revenue, manufacturing, profitability, investments, technological advancements, cap potential client base, climate, etc. The report's main objective is to examine all the social, environmental, political, and other issues that have an impact on the increasing trend of the worldwide market.
The Global Telemedicine Market size will grow from US$ Million in 2021 to US$ Million in 2027, 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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About Astute Analytica:
Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.
They are able to make well-calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyze for them the complex business environment, segment-wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of the best cost-effective, value-added package from us, should you decide to engage with us.
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