openPR Logo
Press release

Telemedicine Market To Perceive Substantial Growth During 2024

01-30-2018 10:46 AM CET | Health & Medicine

Press release from: Transparency Market Research

Telemedicine Market To Perceive Substantial Growth During 2024

The integration of information technology with the healthcare industry is arguably one of the most lucrative and beneficial developments in patient care delivery. The Telemedicine Market has been expanding with lightning speed around the globe and this dynamic market holds immense scope for growth in the emerging economies of the BRICS group.

This report has been designed to help clients ascertain the key areas of growth and prepare them for the hurdles that lie ahead. Major opportunities have been presented and recommendations to overcome challenges have also been listed. Leading industry tools such as SWOT analysis, Porter’s Five Forces analysis model, value chain analysis, market attractiveness, and investment feasibility studies have been deployed to give readers a 360-degree overview of the BRICS telemedicine market and its various nuances.

BRICS Telemedicine Market: Trends and Opportunities

A high percentage of the population in most BRICS countries is plagued by lifestyle and chronic diseases such as asthma, diabetes, and cardiac ailments. This is the most significant factor driving the uptake of telemedicine solutions in these nations. The urgent need for proper healthcare facilities and infrastructure, especially in rural areas, serves as a key driving factor for players in the telemedicine market. Improving internet connectivity in larger cities also acts as a major propellant.

With the development of a knowledge-sharing platform that is aimed at widening the scope of telemedicine, the report highlights the several opportunities that will be presented to players in this market. Constant support from various governments across BRICS nations to not just generate awareness among consumers but also ensure these services are affordable to all is another factor that is likely to ensure the steady growth of this market.

On the flip side, high infrastructure costs acts as a key deterrent. In addition, a certain lack of interest on the part of patients as well as doctors in most rural areas and certain legal hurdles in the provision of telemedicine threaten the smooth development of the market in BRICS countries.

Request to View Brochure of Report -

https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=754

BRICS Telemedicine Market: Regional Outlook

China is perhaps the largest market for telemedicine and is widely supported by a rising focus on health and remote patient monitoring. In addition to this, a thriving consumer electronics and smart devices industry offers a massive boost to the growing adoption of telemedicine. Increasing household incomes, coupled with the availability of sophisticated products at an affordable price, have greatly contributed to the telemedicine market in China.

The Brazil telemedicine market, one of the most promising ones in BRICS, continues to grow at a steady pace despite the unfavorable economic conditions in the recent past. With companies looking to offer products and services at an affordable price and investing significant resources in promotional activities, consumers in Brazil have been more accepting of telemedicine as a concept. Although multinational players dominate this market, the rising number of players entering this market is sure to inspire product differentiation and competitive pricing.

The Russia telemedicine market, like the market in other BRICS countries, is mainly influenced by the growing consumer awareness about mobile health and its multitude of benefits. Financial and political turbulence, however, continue to curtail the growth of this market. The uptake of telemedicine devices and services in India is propelled by an alarming rise in the incidence of various chronic diseases and the urgent need for improved patient care and monitoring. In South Africa, despite a rise in disposable income, the high costs of living eat into healthcare spending, thereby threatening the growth of the telemedicine market.

Companies Mentioned in the Report

Some of the leading players in the BRICS telemedicine market are Philips Healthcare, Haemonetics Corp., Apollo Hospitals, Maestros Telemedicine, Amd Global Telemedicine Inc., Medisoft Telemedicine Pvt. Ltd., Cloudvisit Telemedicine, GE Healthcare, Reach Health, and SnapMD Telemedicine Technology. Companies in this market are highly focused on innovation, investing significant amounts into the research and development of devices, software, and services that can be used for self-care and pre-op and post-op patient monitoring.

Pre-Book Full Report -

https://www.transparencymarketresearch.com/checkout.php?rep_id=754<ype=S

About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

US Office Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

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 To Perceive Substantial Growth During 2024 here

News-ID: 922051 • Views: 116

More Releases from Transparency Market Research

Subsea Well Access System Market In-depth qualitative insights, historical data, …
Global Subsea Well Access System Market: Overview The global subsea well access system market is primarily driven by plummeting production from the oil and gas reserves together with ageing offshore fields. A quick shift toward subsea regions is the emerging trend in oil and gas production sector, marking an important divergence from the usual methods of production. Some of the subsea environment exists in most unexplored and extremely remote parts of
Nicotinic Acid Market Size, Share, Growth, Trends, and Forecast 2027
Overview The research report provides valuable insights into demand drivers, geographical outlook, and competitive landscape of the Nicotinic Acid Market for the 2019-2027 forecast period. Further, it throws light on restraints as well discusses opportunities at length that are likely to come to the fore over the forecast period. The analysis thus provided helps Market stakeholders with business planning and to gauge scope of expansion in the Nicotinic Acid Market over
1 – Decene Market Growth Analysis, Share, Demand By Regions 2027
Overview The research report provides valuable insights into demand drivers, geographical outlook, and competitive landscape of the 1 – Decene Market for the 2019-2027 forecast period. Further, it throws light on restraints as well discusses opportunities at length that are likely to come to the fore over the forecast period. The analysis thus provided helps Market stakeholders with business planning and to gauge scope of expansion in the 1 – Decene
Steep Slope Roofing Materials Market Analysis, Size, Share, Growth, Trends, and …
Overview The research report provides valuable insights into demand drivers, geographical outlook, and competitive landscape of the 1 – Decene Market for the 2019-2027 forecast period. Further, it throws light on restraints as well discusses opportunities at length that are likely to come to the fore over the forecast period. The analysis thus provided helps Market stakeholders with business planning and to gauge scope of expansion in the 1 – Decene

All 5 Releases


More Releases for Telemedicine

Telemedicine Market Key Players : Philips healthcare, AMD Telemedicine, McKesson …
E-health is a process of delivering healthcare and health resources by electronic means. It helps healthcare providers and patients to interact with each other with the help of electronic media. It is one of the fastest growing sectors in overall healthcare market. Currently, telemedicine market represents a small percentage of e-health market. Telemedicine is defined as use of telecommunication and information technology to deliver clinical solutions to the patients. It
Telemedicine Market by Top Key Players: Amd Global Telemedicine, Apollo Hospital …
Telemedicine Market report offers a comprehensive valuation of the marketplace. It does so via in-depth comprehensions, grateful market growth by pursuing past developments, and studying the present situation and future forecasts based on progressive and likely areas. Each research report supports as a depository of analysis and data for each and every side of the industry, including but not limited to Regional markets, types, applications, technology developments and the competitive
Telemedicine Market | Rising Adoption of Telemedicine to Encourage Market Growth
The global telemedicine market is prognosticated to grow in upcoming years owing to several factors. The market includes big and small players, which market the scenario highly competitive. The key players in the global telemedicine market include InTouch Technologies, Inc., Allscripts Healthcare Solutions, Inc., CISCO Systems, Inc., Siemens Healthcare, and Honeywell HomMed LLC,. The major players are likely to capitalize on the growing economies so as to benefit from the
Telemedicine Market Opportunity Analysis, 2018–2026
Telemedicine involves the use of information technology and telecommunication for the delivery of healthcare services such as health assessments or consultations over the telecommunications infrastructure. It helps the healthcare professional to diagnose, evaluate and treat patients without the need for an in-person visit and are also very useful to save lives at time of critical care and emergency situations. Telemedicine is of great help for distant rural areas as they
Telemedicine Market Trends, 2025
Telemedicine involves the use of information technology and telecommunication for the delivery of healthcare services such as health assessments or consultations over the telecommunications infrastructure. It helps the healthcare professional to diagnose, evaluate and treat patients without the need for an in-person visit and are also very useful to save lives at time of critical care and emergency situations. Telemedicine is of great help for distant rural areas as they
Global Telemedicine Market Outlook 2022
ReportsWorldwide has announced the addition of a new report title Global Telemedicine Market Outlook 2022 to its growing collection of premium market research reports. Telemedicine technology is a game changer for the healthcare industry, as it brings healthcare directly into patient’s doorstep. Telemedicine makes use of electronic technologies, such as email, smart phones, and video conferencing, for exchanging the medical information of the patient. This technology has helped the healthcare providers