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Telemedicine Market 2019-2025 , Global Industry Forecast


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Title: Telemedicine Market 2019-2025 , Global Industry Forecast

Global Telemedicine Market
  • Size 2017 by End Users Telehospitals/Teleclinics
    (Teleradiology, Telecardiology, Telepsychiatry,
    Telepathology, Teledermatology, And Others) and
    Telehome by Component (Services, Hardware,
    Software, Telecom and Networking) by Region, and
    Forecasts 2018 to 2025

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Telemedicine Market 2019-2025 , Global Industry
  • Adroit Market Research launched a study titled,
    Global Telemedicine Market Size 2017 by End
    Users Telehospitals/Teleclinics (Teleradiology,
    Telecardiology, Telepsychiatry, Telepathology,
    Teledermatology, And Others) and Telehome by
    Component (Services, Hardware, Software, Telecom
    and Networking) by Region, and Forecasts 2018 to
    2025. The study covers the global telemedicine
    market value on an annual basis between 2015 and
    2025. The global telemedicine industry report
    also includes insights into the market including
    pipeline analysis, Porters Five Forces analysis,
    drivers and restraints. The global telemedicine
    market share has been covered by different
    end-users and components for the specified time
    period on a regional and country level. The
    detailed information regarding the top
    telemedicine market leaders has also been covered
    in this study.
  • The global telemedicine market size is estimated
    to reach USD 118.13 billion by 2025 driven by
    technological advancements such as remote patient
    monitoring, real-time interactive services and
    many more in the healthcare system. Increasing
    physician spending in developed as well as
    developing nations is expected to be one of the
    key drivers for the global telemedicine market
    growth. Furthermore, rapid developments within
    the healthcare industry such as the emergence of
    connected healthcare devices are expected to
    drive the growth of telemedicine market size in
    near future.
  • Shortage of doctors in coming years is also
    expected to support the market growth.
    Telemedicine enables multiple patient
    interactions simultaneously minimizing the
    requirement of doctors within the hospitals.
    According to the Association of American Medical
    Colleges, a shortage of 130,600 physicians will
    be experienced by 2025 creating a market
    opportunity for telemedicine providers.

Telemedicine Market 2019-2025 , Global Industry
  • Currently, a large pool of medical practitioners
    have reached the age of retirement and less
    number of students are opting for medical
    studies. Furthermore, the financial burden of
    medical travel is also expected to increase the
    uptake of telehealth. According to the Ontario
    Telemedicine Network annual report, 237 million
    kilometers of medical travel was avoided using
    telemedicine in 2013. Such factors are expected
    to increase the penetration of telemedicine in
    the coming years.
  • On the basis of region, Europe contributed major
    market share in 2017 and is expected to maintain
    its dominance over the forecast period. The high
    penetration rate of telemedicine in countries
    such as Germany, UK, France, and Spain is
    expected to fuel the regional market growth.
    Consumer preferences towards virtual doctor
    visits instead of physician visits are expected
    to act as an opportunity for service providers
    within the region.
  • Furthermore, government regulations promoting
    telemedicine are also expected to increase
    penetration in the coming years. For instance, in
    June 2018, German Medical Association uplifted
    E-Health Law which allowed telemedicine to be
    used only for follow-up visits. Such trends are
    expected to drive the regional demand for
    telemedicine over the forecast period.
  • Browse the complete report on _at_

Telemedicine Market 2019-2025 , Global Industry
  • In 2017, Asia Pacific accounted for more than 20
    of the global telemedicine market share and is
    expected to emerge as the most lucrative market
    for telemedicine by 2025. Countries such as India
    are expected to grow with the highest CAGR over
    the forecast period. More than 60 of Indian
    population lives in rural areas. The population
    lacks healthcare infrastructure and computer
    knowledge. For the implementation of
    telemedicine, sound computer knowledge is a
    criteria. Due to all these reasons, India is
    facing numerous challenges in implementing
    telemedicine. However, telemedicine is expected
    to emerge within the Indian healthcare sector in
    tandem with the growing digitization and
    government support. This can change the face of
    rural healthcare practices by using such a
    developed technology to provide basic medical
  • McKesson Corporation, Koninklijke Philips N.V.,
    GENERAL ELECTRIC COMPANY, Cerner Corporation,
    IBM, Honeywell Life Care Solutions, AMD Global
    Telemedicine, Inc., Cisco Systems, Inc.,
    Medtronic, Aerotel Medical Systems (1998) Ltd.,
    Allscripts, and InTouch Technologies, Inc. are
    the leading players present within the global
    telehealth (telemedicine) market. The global
    telemedicine industry is highly fragmented in
    nature, which has resulted in mergers
    acquisitions as leaders are looking at
    integrating their operations. For instance,
    InTouch Health, a provider of enterprise
    telehealth platforms, announced that they had
    entered into an acquisition agreement with
    TruClinic, a web-based telemedicine provider
    specializing in direct-to-consumer virtual care
    solutions based in the US in January 2018. With
    this acquisition, InTouch Health is likely to
    expand its product bouquet to enable themselves
    to provide a full range of virtual care programs.

Key segments of the global telemedicine market
  • End User Overview, 2015-2025 (USD Million)
  • Telehospitals / Teleclinics
  • Teleradiology
  • Telecardiology
  • Telepsychiatry
  • Teledermatology
  • Others
  • Telehome
  • Component Overview, 2015-2025 (USD Million)
  • Services
  • Hardware
  • Software
  • Telecom Networking

Key segments of the global telemedicine market
  • Regional Overview, 2015-2025 (USD Million)
  • North America
  • U.S.
  • Europe
  • Germany
  • UK
  • France
  • Asia-Pacific
  • China
  • Japan
  • India
  • Central South America
  • Middle East Africa
  • Purchase a single user copy of the global
    telemedicine market report_at_ https//www.adroitmark

About Us
  • Adroit Market Research is an India-based business
    analytics and consulting company. Our target
    audience is a wide range of corporations,
    manufacturing companies, product/technology
    development institutions and industry
    associations that require understanding of a
    markets size, key trends, participants and
    future outlook of an industry. We intend to
    become our clients knowledge partner and provide
    them with valuable market insights to help create
    opportunities that increase their revenues. We
    follow a code Explore, Learn and Transform. At
    our core, we are curious people who love to
    identify and understand industry patterns, create
    an insightful study around our findings and churn
    out money-making roadmaps. Our analysts have
    tracked high growth markets in chemicals
    materials, healthcare pharmaceuticals,
    semiconductor electronics, energy power, food
    retail, consumer goods, technology, and
    machinery equipment sectors across the world to
    identify new opportunities, potential customers,
    prepare go-to-market (GTM) strategies, identify
    segments for revenue growth for companies, and
    many more.
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