Press release
Telemedicine Technologies and Services Market Set to Surpass USD 526.7 billion by 2031 with 13.8% of CAGR | Global Analysis by Transparency Market Research
The global ๐ญ๐๐ฅ๐๐ฆ๐๐๐ข๐๐ข๐ง๐ ๐ญ๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐ฌ ๐๐ง๐ ๐ฌ๐๐ซ๐ฏ๐ข๐๐๐ฌ ๐ฆ๐๐ซ๐ค๐๐ญ, valued at US$ 144.2 billion in 2021, is anticipated to exhibit a robust growth rate of 13.8% from 2022 to 2031, reaching a projected value exceeding US$ 526.7 billion by the end of 2031.This growth trajectory is driven by the expanding utilization of telemedicine across various medical specialties such as dermatology, gynecology, neurology, and cardiology. Factors contributing to this expansion include the increasing ease of use of telemedicine technologies, widespread adoption facilitated by the proliferation of smartphones and advanced network infrastructure like 3G and 4G, and the surge in demand spurred by the COVID-19 pandemic. Key market players are strategically focusing on enhancing their distribution networks, introducing new products, and expanding into untapped regions to bolster their market presence.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ :
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=108&utm_source=OpenPR&utm_medium=OpenPR&utm_campaign=MansiR
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ-
Medtronic, Koninklijke Philips N.V., Honeywell International, Inc., MindChild Medical, and Abbott.
๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง-
๐๐จ๐ฆ๐ฉ๐จ๐ง๐๐ง๐ญ
Hardware
Software
Services
๐๐ฉ๐๐๐ข๐๐ฅ๐ญ๐ฒ
Dermatology
Gynecology
Neurology
Cardiology
Orthopedics
Emergency Care
Internal Medicine
Others
๐๐๐ซ๐ฏ๐ข๐๐๐ฌ
Tele-consultation
Tele-monitoring
Tele-education
Tele-training
Tele-care
Tele-surgery
Others
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค-
North America accounted for the largest share of the global telemedicine technologies and services market in 2021, and the trend is projected to continue during the forecast period. The market in the U.S. is anticipated to grow at a rapid pace due to rise in prevalence of chronic diseases, increase in government initiatives, surge in the number of installations of telemedicine solutions in various clinics/hospitals, and presence of a large number of suppliers and service providers of telemedicine solutions.
The telemedicine technologies and services market in Asia Pacific is projected to grow at a high CAGR from 2022 to 2031. Product launches, acquisitions, distribution agreements, alliances, and geographical expansion by foreign players, especially in China, Japan, and South Korea are anticipated to drive the telemedicine technologies and services market in the region.
๐๐ฅ๐๐๐ ๐๐ง ๐๐ซ๐๐๐ซ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
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๐๐๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ-
Inย May 2021,ย K Health entered into a partnership with Boost Mobiles, which provided Boost's customers access to a range of telehealth care for or subscribers of its Unlimited Plus plan
Inย June 2020, Royal Philips announced collaboration with American Telemedicine Association to help further the adoption of telehealth across the industry, demonstrating its commitment to connecting care across acute, post-acute, and home care settings
Inย October 2017, Medtronic announced that its Medtronic Care Management Services (MCMS) business had entered into a strategic partnership with American Well
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ญ๐ฎ๐๐ฒ ๐๐จ๐ข๐ง๐ญ๐ฌ:
Market dynamics analysis including drivers, challenges, and opportunities.
Evaluation of market trends and emerging technologies.
Assessment of regulatory frameworks and their impact on market growth.
Examination of competitive landscape, key players, and strategic initiatives.
Analysis of recent developments and their implications for market dynamics.
๐ ๐ฎ๐ญ๐ฎ๐ซ๐ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:
The future of telemedicine appears promising, with continued technological advancements, increasing acceptance among healthcare professionals and patients, and supportive regulatory policies driving market expansion. However, addressing challenges related to interoperability, reimbursement policies, and equitable access will be crucial for sustained growth.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐จ๐ซ๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐๐:
๐๐๐๐ซ๐ข๐ง๐ ๐๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ- https://www.globenewswire.com/news-release/2023/05/26/2677226/0/en/Hearing-Aids-Market-Size-to-Cross-USD-12-9-Billion-by-2031-Driven-by-5-2-CAGR-TMR-Study.html
๐๐๐ญ๐ก ๐๐จ๐ฆ๐ ๐๐๐ซ๐ค๐๐ญ- https://www.globenewswire.com/news-release/2023/05/26/2677094/0/en/Bath-Bomb-Market-to-Grow-at-a-CAGR-of-7-5-from-2023-to-2031-Reaching-US-2-3-Billion-As-per-TMR-Study.html
ย
๐๐๐จ๐ฎ๐ญ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
Transparency Market Research, a globalย market research companyย registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
๐๐จ๐ง๐ญ๐๐๐ญ:
Nikhil Sawlani
Transparency Market Research Inc.
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