Press release
Telemedicine Market Size, Growth, Trends, Segmentation Analysis and Overview 2024-2032
IMARC Group's report titled "Telemedicine Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032" The global telemedicine market size reached US$ 74.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 465.3 Billion by 2032, exhibiting a growth rate (CAGR) of 22.9% during 2024-2032.For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/telemedicine-market/requestsample
Factors Affecting the Growth of the Telemedicine Industry:
• Technological Advancements:
High-speed internet and widespread mobile network coverage are enabling seamless video and audio communication between patients and healthcare providers. This connectivity is fundamental for telemedicine consultations. The development of user-friendly telehealth platforms and mobile apps is making it easy for patients to schedule appointments, access medical records, and communicate with healthcare professionals remotely. Technological innovations are leading to the creation of wearable devices and sensors that can collect vital health data. These devices enable continuous monitoring of conditions of patients and transmitting data to healthcare providers in real-time.
• Convenience and Accessibility:
Telemedicine allows patients to access healthcare services regardless of their geographic location. This is particularly valuable for individuals living in rural or remote areas, where in-person healthcare facilities may be scarce. Telemedicine eliminates the need for patients to travel to healthcare facilities, saving them time and money. This is especially beneficial for individuals with mobility issues or those who live far from medical centers. In addition, telemedicine offers round-the-clock access to healthcare professionals.
• Cost Savings:
Telemedicine eliminates the need for patients to travel to healthcare facilities, saving them money on transportation, parking, and accommodation costs, especially for long-distance appointments. Healthcare providers can reduce overhead costs associated with maintaining physical clinics or hospitals. This includes savings on rent, utilities, and administrative staff. Telemedicine often involves streamlined administrative processes, such as scheduling and record-keeping, which can lead to reduced administrative costs for healthcare providers.
Explore Full Report: https://www.imarcgroup.com/telemedicine-market
Competitive Landscape with Key Player:
• Aerotel Medical Systems (1998) Ltd.
• Allscripts Healthcare Solutions Inc.
• AMD Global Telemedicine Inc.
• American Well Corporation
• Cigna Corporation
• Cisco Systems Inc.
• Doxy.me Inc.
• HealthTap Inc.
• PlushCare Inc. (Accolade Inc.)
• SHL Telemedicine
• SOC Telemed Inc. (Patient Square Capital)
• Teladoc Health Inc.
• Twilio Inc
Telemedicine Market Report Segmentation:
Breakup by Component:
• Product
o Hardware
o Software
o Others
• Services
o Tele-Consulting
o Tele-Monitoring
o Tele-Education
Product represented the largest segment as it includes various hardware and software solutions, such as telemedicine carts, software platforms, and medical devices.
Breakup by Modality:
• Real-Time
• Store and Forward
• Others
Real-time accounted for the largest market share due to its assistance in immediate interaction between patients and healthcare providers.
Breakup by Delivery Mode:
• Web/Mobile
o Audio/Text-based
o Visualized
• Call Centers
Web or mobile exhibits a clear dominance in the market as it offers the widest accessibility and convenience for patients.
Breakup by Facility:
• Tele-Hospital
• Tele-Home
Tele-hospital holds the biggest market share due to the requirement of infrastructure for remote healthcare delivery.
Breakup by Application:
• Teledermatology
• Teleradiology
• Telepsychiatry
• Telepathology
• Telecardiology
• Others
Teledermatology dominates the market as it benefits from visual examination capabilities.
Breakup by End User:
• Providers
• Payers
• Patients
• Others
On the basis of end user, the market has been divided into providers, payers, patients, and others.
Market Breakup by Region:
• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa
North America enjoys the leading position in the telemedicine market on account of its early adoption of telehealth technologies.
Global Telemedicine Market Trends:
Telemedicine platforms are increasingly integrating artificial intelligence (AI) and machine learning (ML) algorithms for tasks, such as medical image analysis, predictive analytics, and virtual health assistants, enhancing diagnosis and treatment.
The telemedicine ecosystem is expanding to include various stakeholders beyond healthcare providers, such as telehealth platforms, wearable device manufacturers, pharmaceutical companies, and insurers, contributing to a more comprehensive approach to remote healthcare.
Other Key Points Covered in the Report:
• COVID-19 Impact
• Porters Five Forces Analysis
• Value Chain Analysis
• Strategic Recommendations
Contact US
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Email: sales@imarcgroup.com
Follow us on Twitter: @imarcglobal
LinkedIn: https://www.linkedin.com/company/imarc-group/mycompany/
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC Group's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Telemedicine Market Size, Growth, Trends, Segmentation Analysis and Overview 2024-2032 here
News-ID: 3339904 • Views: …
More Releases from IMARC Group

GCC Pet Food Market Size is Expected to Reach USD 422.9 Million By 2033 | CAGR: …
GCC Pet Food Market Overview
Market Size in 2024: USD 266.2 Million
Market Size in 2033: USD 422.9 Million
Market Growth Rate 2025-2033: 5.3%
According to IMARC Group's latest research publication, "GCC Pet Food Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", the GCC pet food market size was valued at USD 266.2 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 422.9 Million by 2033, exhibiting a…

GCC Residential Real Estate Market Size to Worth USD 147.77 Billion by 2033 | Wi …
GCC Residential Real Estate Market Overview
Market Size in 2024: USD 73.31 Billion
Market Size in 2033: USD 147.77 Billion
Market Growth Rate 2025-2033: 7.50%
According to IMARC Group's latest research publication, "GCC Residential Real Estate Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", the GCC residential real estate market size was valued at USD 73.31 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 147.77 Billion by…

GCC Drones Market Size to Surpass USD 2,005.3 Million by 2033 | With a 13.3% CAG …
GCC Drones Market Overview
Market Size in 2024: USD 588.2 Million
Market Size in 2033: USD 2,005.3 Million
Market Growth Rate 2025-2033: 13.3%
According to IMARC Group's latest research publication, "GCC Drones Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The GCC drones market size was valued at USD 588.2 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 2,005.3 Million by 2033, exhibiting a growth rate of…

Medical Imaging Market to Surpass USD 70.8 Billion by 2033, at a CAGR of 5.03%
Market Overview:
The medical imaging market is experiencing rapid growth, driven by Growing Burden of Chronic and Age-Related Diseases, Expansion of Government-Funded Health Infrastructure and Technological Advancements in Imaging Modalities. According to IMARC Group's latest research publication, "Medical Imaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The global medical imaging market size reached USD 44.5 Billion in 2024. Looking forward, IMARC Group expects the market to reach…
More Releases for Telemed
Telepsychiatry Service Market Future Outlook Report With Manufacturers- InSight …
The Telepsychiatry Service market research report is proficient and top to bottom research by specialists on the current state of the industry. This statistical surveying report gives the most up to date industry information and industry future patterns, enabling you to distinguish the items and end clients driving income development and benefit. It centres around the real drivers and restrictions for the key players and present challenge status with development…
Telepsychiatry Market Potential growth, attractive valuation make it is a long-t …
Report Ocean releases its latest report on the global Telepsychiatry Market. A combination of information gathered from first-hand sources, qualitative and quantitative assessments of industry analysts, and insights from experts and participants across the value chain is used to calculate the global Telepsychiatry Market.
The global telepsychiatry market size is expected to reach USD 40.65 billion by 2028 according to a new study by Report Ocean. The report “Telepsychiatry Market Report,…
US Telepsychiatry Market 2021-28 Healthcare Needs with Talkiatry, Advanced Telem …
Global Telepsychiatry Market accounted for $5.82 billion in 2020 and is expected to reach $36 billion, growing at a CAGR of +24% during the forecast period.
Telepsychiatry is a form of telemedicine that uses telephone or video conferencing tools to provide psychiatric services. As with in-person psychiatric treatment, telepsychiatry providers can evaluate and diagnose, provide therapy, and prescribe medication.
North America dominated the telepsychiatry market with a share of 38% in 2019.
The…
Telepsychiatry Market 2020 Global Trend & Forecast to 2025 | InSight Telepsychia …
Global telepsychiatry market was dominated by Europe in the year 2018 and is expected to show maintain its dominance over the forecast period. However, the U.S. is anticipated to show fastest growth in this industry over the foreseeable future. The main reasons for the high incidence of mental health conditions in the U.S. are a lack of access to mental healthcare and prominent substance abuse-related challenges.
Access Sample Copy for More…
Telepsychiatry Market 2020: Business Opportunities, Current Trends & Industry An …
The global telepsychiatry market in 2018 was valued at USD 1,656.1 million and is expected to reach USD 6,380.3 million by 2025. Telepsychiatry is likely to solve actual barriers without adding costs to the services, by helping patients gain medical services at home without physically visiting the psychiatrist as majority of the population feels uncomfortable or is unable in visiting psychiatrists. Research over years has shown that patients are more…
Telepsychiatry Market 2020 Analysis by Products, End-Users, and Leading Players …
A research report on the global Telepsychiatry market offers an in-depth analysis of the market scope and objective of the target market. The report also gives complete information regarding the major market players and segments. This research report provides a precise market prediction for the global and the local market. The Telepsychiatry report also sheds light on the market share and market growth rate on the basis of different regions…