Video Telemedicine Market 2025 Share, Growth and Regional Forecast Technology

The global video telemedicine market is expected to be around $3 billion by 2025. The market is primarily driven by factors such as increasing geriatric population around the world, significant advancements in telecommunication technology and its integration with healthcare delivery systems and its ability to facilitate healthcare delivery in remote areas where healthcare institutions are not accessible. As telemedicine enables access to healthcare professionals through electronic devices over telecommunication networks, expense on travelling to and from the healthcare institutions can be considerably reduced. This attribute of telemedicine technology is more favorable for geriatric patients who cannot easily travel such distances for routine healthcare issues. Also, in remote areas where healthcare services are not available in the vicinity, patients can largely benefit from telemedicine with respect to easier and timely access to healthcare providers in terms of emergency situations. Hence, the global video telemedicine market is expected to witness robust growth during the forecast period. However, factors such as dearth of skilled and trained professionals to efficiently operate sophisticated telemedicine devices and lack of awareness related to telemedicine in less developed countries can hamper the growth of global video telemedicine market during the forecast period.

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Technology Outlook and Trend Analysis

Asymmetric Digital Subscriber Line (ADSL) segment held the largest share of the global video telemedicine market in 2016 owing to the extensive ADSL network availability around the world as compared to other technologies. However, 4G technology segment is expected to witness tremendous growth over the forecast period due to rising demand for high-speed internet around the world and rapid implementation of 4G networks by major telecom service providers globally.

Application Outlook and Trend Analysis

In terms of market revenue, gynecology segment is expected to be the dominant segment in the global video telemedicine market. This significant market share can be attributed to the rising awareness among women about the health risks and their desire for privacy enabled doctor consultations. However, neurology segment is expected to exhibit fastest growth during the forecast period owing to increasing incidence of long-term neurological disorders such as Parkinson’s disease and Alzheimer’s which require frequent consultations and interactions with physicians. Moreover, increasing cases of psychiatric consultation will also favorably contribute to the growth of neurology segment during the forecast period.

Market Classification

Video Telemedicine Market, By Technology, Estimates and Forecast, 2016-2025 ($Million)

3G Technology (CDMA, GSM, Others)
4G Technology (WiMax, LTE, Others)
Asymmetric Digital Subscriber Line (ADSL)
Satellite Communication
Broadband ISDN

Video Telemedicine Market, By Application, Estimates and Forecast, 2016-2025 ($Million)

Cardiology
Oncology
Dermatology
Orthopedics
Radiology
Neurology & Psychiatry
Pathology
Dentistry
Gynecology

Research Methodology

We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.

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Data Mining

Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.

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