Title: The Telemedicine Market To Get Catalysed With Technological Advancements
1Telemedicine Market
Report Id PMRREP2818 Category Life Science
Healthcare
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3The Telemedicine Market To Get Catalysed With
Technological Advancements
- Rapidly evolving technology plays a noteworthy
role in making a patients healthcare journey
easier. Combined with advancements in mobility
and telepresence solutions, this is expected to
create new unwired business models that are
capable of providing care anywhere. According to
the latest research bay PMR, the
global telemedicine market is expected to
account over US 38,000 Mn by the end of 2029.
The telemedicine market is expected to grow at
a CAGR of 17.0 through the forecast period
2019-2029. - The integration of Internet of Things (IoT)
sensors in healthcare equipment and machinery
results in the mitigation of errors while dealing
with a significant amount of sensitive patient
data. Moreover, it eliminates human errors and
reduces process-related time, cost, and power
consumption, which is expected to drive the
telemedicine market.
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4Want to know more this report
The report offers a comprehensive taxonomy of the
telemedicine market based on the service type,
mode of delivery, end user, and region. Based on
product type, the global telemedicine market is
segmented into real-time telemedicine and remote
patient monitoring. Real-time telemedicine is
further subsegmented into teleconsultation,
telepathology, telecardiology, telesurgery,
teleradiology, teledermatology, telepsychiatry,
and others (teleopthalmology, teleneurology, and
telenephrology). Based on the mode of delivery,
the global telemedicine market is segmented into
cloud-based delivery and premise-based delivery.
Based on end user, the global telemedicine market
is segmented into hospitals clinics and
homecare settings. The real-time telemedicine sub
segment of the service type segment is expected
to hold the maximum share in the global
telemedicine market. From a geographical
perspective, the telemedicine market is segmented
into North America, Latin America, Europe, and
Asia Pacific, MEA ex. GCC MENA, GCC Countries,
and MENA.
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