Telemedicine Market | 2021 Automotive Industry Global Analysis By Covid-19 Impact On, Size, Trends, Growth, Share, Business, Key Players, Merger, Statistics, Competitive Landscape, And Regional Forecast To 2026 is latest study published by Fortune Business Insights. The Global Telemedicine market expected to rise at a 23.5% CAGR and reach USD 185,669.6 million by 2026. Telemedicine Industry report anlayzes Telemedicine Market By Type (Products and Services), By Modality (Store-and-forward (Asynchronous), Real-time (Synchronous), and Others), By Application (Teleradiology, Telepathology, Teledermatology, Telecardiology, Telepsychiatry, and Others), By End User (Healthcare Facilities and Homecare), and Regional Forecast, 2020-2027.
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Telemedicine Market Key Players Studied In Report:
American Well, MeMD, Teladoc Health, Inc., Encounter Telemedicine, GlobalMed, Doctor On Demand, Inc., 2nd.MD, MDLIVE Inc., SnapMD, Inc., and InTouch Technologies, Inc. Of these. Doctor on Demand, American Well, and Teledoc Health.
Global Telemedicine Market Highlights:
The global telemedicine market is highly competitive and is likely to witness the entry of new players, besides the launch of new products. Recently in May 2019, a telemedicine company called CirrusMD Inc. raised around US$ 15 million by Drive Capital. The company aims to offer seamless communication between patients and doctors online. Rapid advancements in information and communication technology (ICT) has revolutionized the healthcare industry.
The COVID-19 pandemic has had a seismic effect on several economies across the globe. To curb the pandemic spread, the governments of several countries have ordered complete lockdown of industrial and human activities. This is expected to have a significant impact on the market in 2020. However, proactive steps by the industry leaders to revive the automotive industry will bode well for the growth of the market in the near future.
Telemedicine services are anticipated to lead the market during the forecast period. Presence of favorable reimbursement policies on teleconsultation is one of the primary factors responsible for the growth of telemedicine services. Other factors such as the entry of new players and increasing adoption of real-time communication devices are driving the telemedicine services segment. Driven by these factors, the telemedicine market size is expected to increase over the projected horizon. Among application, teleradiology is projected to cover leading share in the market. Other segments based on application include teledermatology, telepathology, and telepsychiatry. Healthcare providers are increasingly adopting Picture Archiving and Communication System or PACS. This system securely stores and transmits electronic images from anywhere in the world. It enables easy transmission of images with the help of Electronic Health Records (EHR).
Out research methodology is robust and includes data triangulation based on bottom-up and top-down approaches. We validated the approximate market number with the help of primary research. Secondary research was conducted to find out detailed information about mergers & acquisitions, collaborations, joint ventures, and agreements. At the same time, we have derived significant information about the market dynamics associated with growth drivers, trends, and obstacles.
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Regional Analysis:
From a geographical standpoint, North America is anticipated to emerge dominant in the global telemedicine market. Governments in this region are planning to develop favorable reimbursement policies and practice standards for telemedicine and e-health. This, coupled with increasing patient pool, is boosting the market in North America. The Senate in Florida passed a House Bill 23 in April 2019, establishing standards of practice for telemedicine and telehealth providers. As the aging population is increasing and preference towards telemedicine is rising, the number of e-health visits are increasing exponentially. This will further increase the telemedicine market share in North America.
Apart from North America, Europe is also expected to grow considerably primarily on account of increasing technological advancements in telecommunications. In addition to this, increasing start-up funding is expected to help the market expand in Europe. Increasing geriatric and rural population are factors attributable to the growth of the market in Asia Pacific.
Telemedicine Highlights of the Report:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the Supply Chain Analytics market.
- Product Development/Innovation: Detailed insights on the upcoming technologies, RandD activities, and product launches in the market
- Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Supply Chain Analytics market
Competitive Analysis And Industry News:
Major companies in the global Telemedicine Market are increasingly focusing on research and development activities to create new and innovative products to stay ahead of the competition.
Key questions answered in the report:
- What will the market growth rate of Telemedicine Market in 2026?
- What are the key factors driving the global Telemedicine Market?
- Who are the key manufacturers in Telemedicine Market space?
- What are the market opportunities, market risk and market overview of the Telemedicine Global market?
- What are sales, revenue, and price analysis of top manufacturers of Telemedicine Global market?
- What are sales, revenue, and price analysis by types and applications of Telemedicine Market?
- What are sales, revenue, and price analysis by regions of Telemedicine Market?
Table Of Content:
1 Market Overview
1.1 Telemedicine Introduction
1.2 Market Analysis by Type
1.3 Market Analysis by Applications
1.4 Market Analysis by Regions
1.4.1 North America (United States, Canada and Mexico)
1.4.1.1 United States Market States and Outlook (2020-2026)
1.4.1.2 Canada Market States and Outlook (2020-2026)
1.4.1.3 Mexico Market States and Outlook (2020-2026)
1.4.2 Europe (Germany, France, UK, Russia and Italy)
1.4.2.1 Germany Market States and Outlook (2020-2026)
1.4.2.2 France Market States and Outlook (2020-2026)
1.4.2.3 UK Market States and Outlook (2020-2026)
1.4.2.4 Russia Market States and Outlook (2020-2026)
1.4.2.5 Italy Market States and Outlook (2020-2026)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
1.4.3.1 China Market States and Outlook (2020-2026)
1.4.3.2 Japan Market States and Outlook (2020-2026)
1.4.3.3 Korea Market States and Outlook (2020-2026)
1.4.3.4 India Market States and Outlook (2020-2026)
1.4.3.5 Southeast Asia Market States and Outlook (2020-2026)
1.4.4 South America, Middle East and Africa
1.4.4.1 Brazil Market States and Outlook (2020-2026)
1.4.4.2 Egypt Market States and Outlook (2020-2026)
1.4.4.3 Saudi Arabia Market States and Outlook (2020-2026)
1.4.4.4 South Africa Market States and Outlook (2020-2026)
1.4.4.5 Turkey Market States and Outlook (2020-2026)
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Market Driving Force
2 Manufacturers Profiles
3 Global Telemedicine Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018)
3.1 Global Telemedicine Sales and Market Share by Manufacturer (2017-2018)
3.2 Global Telemedicine Revenue and Market Share by Manufacturer (2017-2018)
3.3 Market Concentration Rate
3.3.1 Top 3 Telemedicine Manufacturer Market Share in 2018
3.3.2 Top 6 Telemedicine Manufacturer Market Share in 2018
3.4 Market Competition Trend
4 Global Telemedicine Market Analysis by Regions
4.1 Global Telemedicine Sales, Revenue and Market Share by Regions
4.1.1 Global Telemedicine Sales and Market Share by Regions (2020-2019)
4.1.2 Global Telemedicine Revenue and Market Share by Regions (2020-2019)
4.2 North America Telemedicine Sales and Growth Rate (2020-2019)
4.3 Europe Telemedicine Sales and Growth Rate (2020-2019)
4.4 Asia-Pacific Telemedicine Sales and Growth Rate (2020-2019)
4.5 South America Telemedicine Sales and Growth Rate (2020-2019)
4.6 Middle East and Africa Telemedicine Sales and Growth Rate (2020-2019)
5 North America Telemedicine by Country
5.1 North America Telemedicine Sales, Revenue and Market Share by Country
5.1.1 North America Telemedicine Sales and Market Share by Country (2020-2019)
5.1.2 North America Telemedicine Revenue and Market Share by Country (2020-2019)
5.2 United States Telemedicine Sales and Growth Rate (2020-2019)
5.3 Canada Telemedicine Sales and Growth Rate (2020-2019)
5.4 Mexico Telemedicine Sales and Growth Rate (2020-2019)
8 South America Telemedicine by Country
8.1 South America Telemedicine Sales, Revenue and Market Share by Country
8.1.1 South America Telemedicine Sales and Market Share by Country (2020-2019)
8.1.2 South America Telemedicine Revenue and Market Share by Country (2020-2019)
8.2 Brazil Telemedicine Sales and Growth Rate (2020-2019)
8.3 Argentina Telemedicine Sales and Growth Rate (2020-2019)
8.4 Colombia Telemedicine Sales and Growth Rate (2020-2019)
9 Middle East and Africa Telemedicine by Countries
9.1 Middle East and Africa Telemedicine Sales, Revenue and Market Share by Country
9.1.1 Middle East and Africa Telemedicine Sales and Market Share by Country (2020-2019)
9.1.2 Middle East and Africa Telemedicine Revenue and Market Share by Country (2020-2019)
9.2 Saudi Arabia Telemedicine Sales and Growth Rate (2020-2019)
9.3 Turkey Telemedicine Sales and Growth Rate (2020-2019)
9.4 Egypt Telemedicine Sales and Growth Rate (2020-2019)
9.5 Nigeria Telemedicine Sales and Growth Rate (2020-2019)
10 Telemedicine Market In Developing Conutries
11 South America Telemedicine Market Analysis by Countries
12 Competitive Landscape
13 Industry Outlook
13.1 Market Driver Analysis
13.1.2 Market Restraints Analysis
13.1.3 Market Trends Analysis
13.2 Merger, Acquisition and New Investment
13.3 News of Product Release
14 Global Telemedicine Market Forecast
15 New Project Feasibility Analysis
15.1 Industry Barriers and New Entrants SWOT Analysis
15.1.1 Porter’s Five Forces Analysis
15.1.2 New Entrants SWOT Analysis
15.2 Analysis and Suggestions on New Project Investment
Continued…
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