Global Telemedicine Market is estimated to grow at a substantial CAGR of approximately 19% during 2015-2022. Telemedicine is the combination of telecommunication and information technology that is employed to provide clinical health care from a distance; i.e. by means of electronic audio and video.
The factors that propel the growth of the Telemedicine Market include constant high-tech improvement, growing population, prevalence of chronic diseases, increasing use of treatments that require long follow-ups, and growing remote patient monitoring. On the other hand, there are factors that may hamper the growth of the market including high operating cost, high expenditure on the advanced technology, legal and reimbursement problems, and irregular distribution of telecom network in the remote areas.
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Telemedicine Market may be explored by specialty, service, end user, and geography. Telemedicine Market could be explored based on specialty as Dermatology, Neurology, Gynecology, Orthopedic, Cardiology, and Others. The “Dermatology” segment led the Telemedicine Market in 2014 and is anticipated to maintain its dominance by 2022. The key factor that could be attributed to the growth of market includes growing neurological complications including stroke, Alzheimer’s and Parkinson’s diseases.
Based on service, the Telemedicine Market may be classified as Tele-Consulting, Tele-Monitoring, Tele-Education, Tele-Training, and others. The “Tele-consultation services” segment accounted for the major share of the Telemedicine Market Size in 2014. The key factor that may attributed to the growth of market includes growing disabled and aged population. Based on end user, the Telemedicine Market may be classified as Tele-Hospital and Clinic and Tele-Home.
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Telemedicine Market is categorized based on geography into North America, Latin America, Japan, Middle East and Africa, Western Europe, Asia Pacific, and Eastern Europe. North America dominated the global Telemedicine Market Size in 2014. North America is likely to be followed by Asia Pacific. Asia Pacific is projected to dominate the telemedicine market in the forecast period owing to factors such as improved government support and capital investment in research and development activities. In addition, Europe, Latin America and Middle East & Africa are projected to witness an important development in the telemedicine market in the years to come.
The key players contributing to the robust growth of the Telemedicine Market comprise LifeWatch AG, Aerotel Medical Systems Ltd., InTouch Technologies Inc., AMD Global Telemedicine Inc., OBS Medical Ltd., Cisco Systems Inc., Cerner Corporation, Allscripts Healthcare Solutions Inc., McKesson Corporation, Honeywell Life Care Solutions, Koninklijke Philips N.V., BioTelemetry Inc., Medtronic PLC, Polycom Inc., and General Electric Company. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.
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The factors that propel the growth of the Telemedicine Market include constant high-tech improvement, growing population, prevalence of chronic diseases, increasing use of treatments that require long follow-ups, and growing remote patient monitoring. On the other hand, there are factors that may hamper the growth of the market including high operating cost, high expenditure on the advanced technology, legal and reimbursement problems, and irregular distribution of telecom network in the remote areas.
Download Free Sample Report @ https://www.radiantinsights.com/research/global-telemedicine-market-outlook-2022/request-sample
Telemedicine Market may be explored by specialty, service, end user, and geography. Telemedicine Market could be explored based on specialty as Dermatology, Neurology, Gynecology, Orthopedic, Cardiology, and Others. The “Dermatology” segment led the Telemedicine Market in 2014 and is anticipated to maintain its dominance by 2022. The key factor that could be attributed to the growth of market includes growing neurological complications including stroke, Alzheimer’s and Parkinson’s diseases.
Based on service, the Telemedicine Market may be classified as Tele-Consulting, Tele-Monitoring, Tele-Education, Tele-Training, and others. The “Tele-consultation services” segment accounted for the major share of the Telemedicine Market Size in 2014. The key factor that may attributed to the growth of market includes growing disabled and aged population. Based on end user, the Telemedicine Market may be classified as Tele-Hospital and Clinic and Tele-Home.
Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/global-telemedicine-market-outlook-2022
Telemedicine Market is categorized based on geography into North America, Latin America, Japan, Middle East and Africa, Western Europe, Asia Pacific, and Eastern Europe. North America dominated the global Telemedicine Market Size in 2014. North America is likely to be followed by Asia Pacific. Asia Pacific is projected to dominate the telemedicine market in the forecast period owing to factors such as improved government support and capital investment in research and development activities. In addition, Europe, Latin America and Middle East & Africa are projected to witness an important development in the telemedicine market in the years to come.
The key players contributing to the robust growth of the Telemedicine Market comprise LifeWatch AG, Aerotel Medical Systems Ltd., InTouch Technologies Inc., AMD Global Telemedicine Inc., OBS Medical Ltd., Cisco Systems Inc., Cerner Corporation, Allscripts Healthcare Solutions Inc., McKesson Corporation, Honeywell Life Care Solutions, Koninklijke Philips N.V., BioTelemetry Inc., Medtronic PLC, Polycom Inc., and General Electric Company. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.
Read all Reports of this category @ https://www.radiantinsights.com/catalog/healthcare
About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assists and facilitate organizations and individuals procure market research reports, helping them in the decisions making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Phone: (415) 349-0054
Toll Free: 1-888-928-9744
Address: 201 Spear Street 1100, Suite 3036,
City: San Francisco; State: California; Country: United States
Email: sales@radiantinsights.com
Website: https://www.radiantinsights.com/
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