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Telehealth & Telemedicine Market worth $417.40 billion by 2030, growing at a CAGR of 21.11% - Exclusive Report by 360iResearch
Telehealth & Telemedicine Market | 360iResearch
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Telehealth encompasses a broad range of technologies and services to enhance patient care and healthcare delivery, including video conferencing, mobile health applications, remote monitoring tools, and electronic health records. Telemedicine, a subset of telehealth, focuses on the remote delivery of healthcare services such as diagnosis, treatment, consultation, and patient management through digital communication tools. This approach is essential for increasing healthcare accessibility, reducing costs associated with transportation and hospitalization, responding to public health emergencies, and managing chronic diseases. Applications include remote patient monitoring through wearable devices, virtual consultations, e-prescriptions, mobile health applications for condition management, and telepsychology/telepsychiatry services. End-users range from patients and healthcare providers to insurers, employers, and government bodies. The market is influenced by factors such as technological advancements in IoT and AI, government support, rising consumer demand for preventive healthcare, and the impacts of the COVID-19 pandemic. Opportunities lie in rural healthcare solutions, specialized telehealth programs for chronic illnesses, AI-enhanced diagnostics, big data analytics, and telehealth education for professionals. However, market growth faces challenges including regulatory barriers, limited internet access, privacy and cybersecurity concerns, inconsistent reimbursement policies, and varying levels of patient awareness and trust. Innovations to drive growth include developing interoperable systems, advancing wearable technology, utilizing Virtual Reality (VR) and Augmented Reality (AR) for medical training, implementing blockchain for secure medical records, and leveraging artificial intelligence for personalized treatment plans. The telehealth and telemedicine market is dynamic, competitive, and rapidly evolving, requiring robust partnerships and data-driven decision-making to meet regulatory requirements and foster significant market growth.
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Market Segmentation & Coverage:
This research report categorizes the Telehealth & Telemedicine Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Component, market is studied across Hardware, Services, and Software. The Hardware is further studied across Endpoints, Network Hardware, and Remote Patient Monitoring Hardware. The Services is further studied across Deployment & Integration, Support & Maintenance, and Training. The Software is further studied across Real-time Telemedicine Software, Remote Patient Assessment and Monitoring Software, Store-and-forward Software for Telemedicine, and Videoconferencing Software.
Based on Diagnostic Devices, market is studied across Blood Glucose Meters, Blood Pressure Devices, Digital Otoscopes, Digital Thermometers, EKG Monitors, Pulse Oximeters, Smartwatches, Telemedicine Kiosks, Virtual Stethoscopes, and Wireless Scales.
Based on End-User, market is studied across Healthcare Facilities and Homecare.
Based on Application, market is studied across Tele-Consulting, Tele-Education, Tele-Monitoring, Tele-Pathology, Tele-Psychiatry, Tele-Radiology, and Tele-Surgery.
Based on Mode of Delivery, market is studied across On-Cloud and On-Premise.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.
Key Company Profiles:
The report delves into recent significant developments in the Telehealth & Telemedicine Market, highlighting leading vendors and their innovative profiles. These include Microsoft Corporation, VSee Lab, Inc., Practo Technologies Pvt. Ltd., American Well Corporation, Doximity, Inc., GoodRx, Inc., Advanced Monitored Caregiving, Inc., RaiseHand Inc., Zipnosis by Florence Inc., Medweb by Nexsys Electronics, Inc., TeleSpecialists, Iron Bow Healthcare Solutions, Cigna Healthcare, International Business Machines Corporation, Teladoc Health, Inc., Siemens Healthineers AG, PlushCare, Inc. by Accolade, Inc., Koninklijke Philips N.V., Amazon.com, Inc., Medtronic PLC, Hims & Hers Health, Inc., iCliniq by Orane Healthcare India Private Limited, Tunstall Healthcare Group, Honeywell International Inc, Doctor On Demand by Included Health, Inc., Veradigm LLC, Sesame, Inc., Cisco Systems, Inc., ORA, GlobalMedia Group, LLC, HealthTap, Inc., Vonage Holdings Corp. by Telefonaktiebolaget LM Ericsson, GE HealthCare Technologies Inc., MDLIVE, Inc., and Oracle Corporation.
Introducing 360iResearch AI: Revolutionizing Market Intelligence with AI-Powered Insights for the Telehealth & Telemedicine Market
We proudly unveil Research AI, a cutting-edge AI product designed to transform how businesses interact with the Telehealth & Telemedicine Market. Research AI stands out as your premier market intelligence partner, delivering unparalleled insights with the power of artificial intelligence. Whether deciphering market trends or offering actionable intelligence, Research AI is engineered to provide precise, relevant answers to your most critical business questions. This revolutionary tool is more than just an information source; it's a strategic asset that empowers your decision-making with up-to-the-minute data, ensuring you stay ahead in the fiercely competitive Telehealth & Telemedicine Market. Embrace the future of market analysis with Research AI, where informed decisions lead to remarkable growth.
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Telehealth & Telemedicine Market, by Component
7. Telehealth & Telemedicine Market, by Diagnostic Devices
8. Telehealth & Telemedicine Market, by End-User
9. Telehealth & Telemedicine Market, by Application
10. Telehealth & Telemedicine Market, by Mode of Delivery
11. Americas Telehealth & Telemedicine Market
12. Asia-Pacific Telehealth & Telemedicine Market
13. Europe, Middle East & Africa Telehealth & Telemedicine Market
14. Competitive Landscape
15. Competitive Portfolio
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
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