Global Telemedicine market is accounted for $19.3 billion in 2015 and is expected to reach $52.3 billion by 2022 growing at a CAGR of 15.3% from 2015 to 2022. Factors such as technological innovation, increasing remote patient monitoring, growing geriatric population treatments and shortage of physicians are driving the market growth. Uneven distribution of telecom network in remote areas, high operating costs, the lack of infrastructure and reimbursement issues are expected to constrain the market.
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Telehospitals/Teleclinics holds the largest share among the end users. North America is the leading Market for telemedicine led by the high adoption of technology. Asia Pacific market is expected to grow further followed by Rest of The Word.
Some of the key players in global Telemedicine market are Allscripts Healthcare Solutions Inc, InTouch Technologies, Inc, CISCO Systems, Inc, F. Hoffmann-La Roche Ltd, AMD Global Telemedicine, Inc, Honeywell HomMed LLC, OBS Medical Ltd, LifeWatch AG, Medtronic, Inc, Siemens Healthcare , McKesson Corp, Agfa HealthCare NV, Philips Healthcare, GE Healthcare Ltd and International Business Machines Corp.
Telehospitals & Clinics
End Users Covered:
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