Telemedicine Market 2018 - Industry Analysis, Size, Share, Strategies and Forecast to 2020

Global Telemedicine Industry

The global telemedicine market is estimated to grow from $25.53 billion in 2015 to $57.92 billion in 2020, with a compound annual growth rate (CAGR) of 17.85% over the next five years. Though it represents a small share in the healthcare market currently, it is one of the fastest budding sectors in overall healthcare market. Although telemedicine programs have been in vogue for nearly half a century, the recent healthcare reforms have been instrumental in promoting the increased usage of such applications.

Telemedicine players are focused on improving their technology offerings in terms of hardware, network, and software (i.e., enabling technologies). Healthcare companies are evaluating the return on investment (ROI) and clinical outcomes of the telemedicine technology. Tier I players are evaluating opportunities in telemedicine in the form of consolidation. Insurance companies are taking a realistic look at the ability of telemedicine to support e-healthcare and considerably improve the bottom line. Some of the major companies operating in the telemedicine market are AMD Global Telemedicine, GE Healthcare (U.K.), CISCO Systems, Inc., Medtronic, Inc., Honeywell Lifesciences, Aerotel Medical Systems, Philips healthcare, McKesson Corp, Cerner Corporation, CardioComm. Other players in the telemedicine market are Apollo Hospitals (India), 3M, Robert Bosch Healthcare, Neosoft (China), SnapMD (U.S.), Polycom Corp., F. Hoffmann-La Roche Ltd., InTouch Technologies, Inc., LifeWatch AG, OBS Medical Ltd., Siemens Healthcare, Agfa HealthCare NV, Allscripts Healthcare Solutions, Biotelemetry, Inc.

Try Sample Report @ https://www.wiseguyreports.com/sample-request/635513-telemedicine-market-by-technology-forecasts-2015-2020

Increasing population, growing number of chronic diseases and rising cost of healthcare services are the significant key drivers for growth of global telemedicine market. In addition, increased use of technology in healthcare conveyance and dearth of physicians in rural areas is foreseen to offer new prospect for growth of telemedicine market. On the other side, lack of trained and skilled professionals in the remote areas, dearth of consumer awareness about new-fangled technology and its uses are some of the key aspects inhibiting the growth of telemedicine market

The global market for telemedicine is segmented on the basis of Technology (Hardware, Software, Telecommunications), Service (Remote Patient Monitoring, Store-and-Forward, Real-Time Interactive), Applications (Tele-Cardiology, Tele-Pathology, Tele-Radiology, Tele-Dermatology, Tele-Neurology, Emergency Care, Home Health), Delivery mode (Web-based, Cloud-based) and End User (Tele Hospitals, Tele Homes).

Medical consultation services will keep on to be the most regularly used form of telemedicine used by physicians for escalating the outreach of their medical advice. The tele-monitoring segment will also enjoy an upward trend owing to the increasing diabetic and disabled population. On the basis of geography, the market is analysed under various regions namely, North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. North America and Europe accounts for the major share of the market. This is owed to high acceptance for technology in these regions. Brazil, China, Russia and India are expected to show high growth rate due to increasing population and rising incidence of chronic diseases

For Detailed Reading Please visit WiseGuy Reports @ https://www.wiseguyreports.com/reports/635513-telemedicine-market-by-technology-forecasts-2015-2020

The increase in average age has resulted in elderly patients who need maximum healthcare; this is increasing the overall healthcare cost globally. Patients today are more aware and demand better healthcare services. The total number of healthcare professionals is not enough to meet needs of the increasing number of patients. With healthcare specialists spread across the globe, the teleconsultation–referrals–second opinion chain has expanded globally. Use of telemedicine helps in improving individual health with the assistance of electronic media. It also increases accessibility by tumbling the distance barriers between medical service providers and patients.

Some Major Points from Table of content:

Introduction
1.1 Market Definition

1.2 Study Deliverables

1.3 Base Currency, Base Year and Forecast Periods

1.4 General Study Assumptions

If you have any enquiry before buying a copy of this report @ https://www.wiseguyreports.com/enquiry/635513-telemedicine-market-by-technology-forecasts-2015-2020

Research Methodology
2.1 Introduction

2.2 Analysis Design

2.3 Research Phases

2.3.1 Secondary Research

2.3.2 Primary Research

2.3.3 Econometric Modelling

2.3.4 Expert Validation

Continued…..

For more information or any query mail at sales@wiseguyreports.com

Wise Guy Reports Is Part Of The Wise Guy Consultants Pvt. Ltd. And Offers Premium Progressive Statistical Surveying, Market Research Reports, Analysis & Forecast Data For Industries And Governments Around The Globe. Wise Guy Reports Features An Exhaustive List Of Market Research Reports From Hundreds Of Publishers Worldwide. We Boast A Database Spanning Virtually Every Market Category And An Even More Comprehensive Collection Of Market Research Reports Under These Categories And Sub-Categories.

Wise Guy Research Consultants Pvt Ltd
Pune – 411028
Maharashtra,
Ph: +91 841 198 5042
https://www.wiseguyreports.com

This release was published on openPR.