Press release
Telemedicine Market Projected To Grow Radiantly at CAGR of 16.5% by 2022
Telemedicine (also referred to as "telehealth" or "e-health") allows health care professionals to evaluate, diagnose and treat patients in remote locations using telecommunications technology. Telemedicine allows patients in remote locations to access medical expertise quickly, efficiently and without travel. Telemedicine provides more efficient use of limited expert resources who can "see" patients in multiple locations wherever they are needed without leaving their facility.
Competitive Analysis:
Key players profiled in the report are Koninklijke Philips N.V. (The Netherlands), Medtronic (Ireland) AMD Telemedicine Technologies (U.S.), General Electric Company (U.K.), Neusoft Corporation (China), McKesson Corporation (US) , Intel (US), and IBM (US).
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Market Segmentation:
The global telemedicine market is segmented on the basis of type, which includes store and forward, remote monitoring, and real time interactive. On the basis of technology, the market is segmented into hardware, software, and services. The hardware is further segmented into on-site kiosks, telephone, and webcams. The software is further segmented into mobiles apps. The Services are further segmented into consultation, online video conferencing and academics. Furthermore, on the basis of application the market is classified into telecardiology, telepsychiatry, teleradiology, telepathology, teledermatology, teleaudiology, teleopthalmology, and others. On the basis of end users, the market is segmented into hospitals, clinical, medical institutes, and others.
Market Highlights:
The global telemedicine market is experiencing massive growth across the globe on account of extensive use of healthcare IT solutions, improved telecommunication infrastructure, and high demand for primary care services across the globe. Furthermore, rising prevalence of chronic diseases and technological advancement in the healthcare fuel the market growth. High installation cost of telemedicine solutions and availability of internet services in rural areas may restrain the market growth.
The Global telemedicine market is expected to grow at a CAGR of 16.5% during the forecast period.
Regional Analysis
The global telemedicine market is segmented on the basis of regions: The Americas, Europe, Asia Pacific, and the Middle East & Africa. The Americas accounts is the leading player in the global telemedicine market owing to an increasing demand for healthcare IT solutions, concentration of prominent market players, and availability of infrastructure for telemedicine.
Europe is experiencing a significant growth in the telemedicine market owing to the availability of funds from the Europe Union (EU) for telemedicine projects.
Asia Pacific shows phenomenal growth in telemedicine market and is expected to the fastest growing region as result of rising geriatric population and increasing prevalence of chronic diseases.
The Middle East & Africa also show a steady rise in the telemedicine market.
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Brief TOC
1. Report Prologue
2. Introduction
3. Research Methodology
4. Market Dynamics
5. Market Factor Analysis
6. Global Telemedicine Market by Type
7. Global Telemedicine Market by Technology
8. Global Telemedicine Market by Application
9. Global Telemedicine Market by End User
10. Global Cell Counting Market by Region
11. Company Profile
12. Conclusion
13. Appendix
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