• Popular
    • Medicine
    • Radiology
    • Cardiology
    • Surgery
    • Nanomedicine
    • Military Medicine
    • Rehab
  • Categories
    • Exclusive
    • A-D
      • Anesthesiology
      • Art
      • Cardiac Surgery
      • Cardiology
      • Critical Care
      • Dentistry
      • Dermatology
      • Diagnostics
    • E-I
      • Emergency Medicine
      • ENT
      • Genetics
      • Geriatrics
      • GI
      • Informatics
    • M-N
      • Medicine
      • Military Medicine
      • Nanomedicine
      • Net News
      • Neurology
      • Neurosurgery
      • Nuclear Medicine
    • O-P
      • Ob/Gyn
      • Oncology
      • Ophthalmology
      • Orthopedic Surgery
      • Pathology
      • Pediatrics
      • Plastic Surgery
      • Psychiatry
      • Public Health
    • R-V
      • Radiation Oncology
      • Radiology
      • Rehab
      • Reproductive Medicine
      • Space Medicine
      • Sports Medicine
      • Surgery
      • Thoracic Surgery
      • Urology
      • Vascular Surgery
  • SUBSCRIBE
  • Submit PR
  • About
  • Follow
    • Facebook
    • Twitter
    • Linkedin
    • Youtube
    • Instagram
    • RSS
  • Submit PR
  • Log in
Medgadget
Medgadget
  • Popular
    • Medicine
      Flexible Sensors Detect Heavy Metals in Sweat

      Flexible Sensors Detect Heavy Metals in Sweat

      Nanopore Sensor to Study Protein Aggregation in Neurodegeneration

      Nanopore Sensor to Study Protein Aggregation in Neurodegeneration

      Biobots Use Optogenetic Muscle Actuators for Movement

      Biobots Use Optogenetic Muscle Actuators for Movement

      Exciting Medtech at the Healthcareᐩ Expo Taiwan

      Exciting Medtech at the Healthcareᐩ Expo Taiwan

    • Radiology
      Ultrasound Tornado Rapidly Disrupts Blood Clots

      Ultrasound Tornado Rapidly Disrupts Blood Clots

      Exciting Medtech at the Healthcareᐩ Expo Taiwan

      Exciting Medtech at the Healthcareᐩ Expo Taiwan

      Fluorescence Imaging System Illuminates Tumor Depth

      Fluorescence Imaging System Illuminates Tumor Depth

      Soft Robot Grows Like a Plant to Travel Through Tight Spaces

      Soft Robot Grows Like a Plant to Travel Through Tight Spaces

    • Cardiology
      Belt Monitors Heart Failure Patients

      Belt Monitors Heart Failure Patients

      Camera Measures Blood Pressure with Quick Look

      Camera Measures Blood Pressure with Quick Look

      Monitoring Congestive Heart Failure Through Speech: Interview with Tamir Tal, CEO of Cordio Medical

      Monitoring Congestive Heart Failure Through Speech: Interview with Tamir Tal, CEO of Cordio Medical

      Device Measures Hemoglobin More Accurately in Dark Skin

      Device Measures Hemoglobin More Accurately in Dark Skin

    • Surgery
      Microneedle Bandage for Hemostatic Control

      Microneedle Bandage for Hemostatic Control

      Biobots Use Optogenetic Muscle Actuators for Movement

      Biobots Use Optogenetic Muscle Actuators for Movement

      Implantable Device Adheres to Muscle, Treats Atrophy

      Implantable Device Adheres to Muscle, Treats Atrophy

      Device Measures Hemoglobin More Accurately in Dark Skin

      Device Measures Hemoglobin More Accurately in Dark Skin

    • Nanomedicine
      Extra Hot Nanoparticles for Cancer Therapy

      Extra Hot Nanoparticles for Cancer Therapy

      Making Tumors Tastier for the Immune System

      Making Tumors Tastier for the Immune System

      Improved Membrane Coating for Anti-Cancer Nanoparticles

      Improved Membrane Coating for Anti-Cancer Nanoparticles

      Magnetic Bacteria Target Tumors

      Magnetic Bacteria Target Tumors

    • Military Medicine
      Device Measures Hemoglobin More Accurately in Dark Skin

      Device Measures Hemoglobin More Accurately in Dark Skin

      Fingertip Sensor Measures Lithium Levels in Sweat

      Fingertip Sensor Measures Lithium Levels in Sweat

      Fabric Makes Electricity from Movement to Power Wearables

      Fabric Makes Electricity from Movement to Power Wearables

      Wearable Uses Microneedles to Track Metabolism

      Wearable Uses Microneedles to Track Metabolism

    • Rehab
      Smart Walking Stick for Visually Impaired People

      Smart Walking Stick for Visually Impaired People

      Implantable Device Adheres to Muscle, Treats Atrophy

      Implantable Device Adheres to Muscle, Treats Atrophy

      Non-Invasive Spinal Modulation for Cerebral Palsy

      Non-Invasive Spinal Modulation for Cerebral Palsy

      Implanted Magnets for Prosthetic Control

      Implanted Magnets for Prosthetic Control

  • Categories
    • Exclusive
    • A-D
      • Anesthesiology
      • Art
      • Cardiac Surgery
      • Cardiology
      • Critical Care
      • Dentistry
      • Dermatology
      • Diagnostics
    • E-I
      • Emergency Medicine
      • ENT
      • Genetics
      • Geriatrics
      • GI
      • Informatics
    • M-N
      • Medicine
      • Military Medicine
      • Nanomedicine
      • Net News
      • Neurology
      • Neurosurgery
      • Nuclear Medicine
    • O-P
      • Ob/Gyn
      • Oncology
      • Ophthalmology
      • Orthopedic Surgery
      • Pathology
      • Pediatrics
      • Plastic Surgery
      • Psychiatry
      • Public Health
    • R-V
      • Radiation Oncology
      • Radiology
      • Rehab
      • Reproductive Medicine
      • Space Medicine
      • Sports Medicine
      • Surgery
      • Thoracic Surgery
      • Urology
      • Vascular Surgery
  • SUBSCRIBE
  • Submit PR
  • About
  • Log in
  • Submit PR
  • Follow
    • Facebook
    • Twitter
    • Linkedin
    • Youtube
    • Instagram
    • RSS

Telehealth and Telemedicine Market to reach a valuation of US$ 285 Billion by 2027

March 22nd, 2022 Future Market Insights Releases

During the projected period, the global demand for telehealth and telemedicine market is predicted to develop at a CAGR of 26.6 percent, reaching US$ 285.7 billion by 2027, up from an estimated US$ 87.8 billion in 2022.

The growing geriatric and medically underserved (especially rural) populations, the rising prevalence of chronic health conditions, the benefits of telemedicine considering the prevailing scarcity of healthcare professionals and care staff, and progressions in telecommunications, as well as rising user acceptance, are all driving growth in the telehealth and telemedicine market share.

In the aftermath of COVID-19 During the projected period, however, regional variances in rules, the likelihood of fraud, and the usage of social media for care provision will have a detrimental impact on market growth.

In recent years, telehealth technology has experienced enormous expansion. It not only allows patients to communicate with doctors over the internet, but it can also help to save healthcare costs. Because of these benefits, physicians and hospitals are eager to incorporate digital health technologies and telemedicine requirements into their practices. This has prompted the government to adopt telehealth-related rules and reimbursement standards.

Request a report sample to gain comprehensive insights at https://www.futuremarketinsights.com/reports/sample/REP-GB-14379

While lowering emergency room visits, hospitalization, primary care utilization, long-term care, home admissions, and patient travel costs, telehealth and telemedicine, particularly remote patient monitoring (RPM)/tele-homecare, can improve patient self-management, medication compliance, clinical outcomes, and patient & provider satisfaction. End-user demand for telehealth technology is being fueled by these benefits.

As per the recent telehealth and telemedicine market study, growth of the industry is hampered by a lack of infrastructure and technological barriers.

Adoption of the service may be hampered by technological and infrastructure hurdles in medium and low-income countries. For the integration and transmission of medical data, digital health methods involve the latest telecommunication gear, high-speed internet with high bandwidth, and storage capacity, which is still a challenge in many developing nations.

Furthermore, the high cost of installation and the scarcity of qualified healthcare professionals are two main challenges limiting the telehealth and telemedicine market share expansion.

As medical delivery adjusts to the widespread use of telehealth, there appears to be considerable potential in analytics, AI, and machine learning. As a result, data-driven analytics is a crucial part of assuring telehealth’s efficacy and efficiency and for the evolution of telehealth.

Telemedicine saves money for the users as compared to traditional approaches. The benefits of telemedicine include lowered healthcare costs while boosting efficiency, thanks to better chronic illness management, shorter travel times, pooled health professional staffing, and fewer and shorter hospital stays.

As a result of all of the identified components, the market is predicted to grow rapidly over the projected timeline.

For any Queries Related with the Report, Ask an Analyst@ https://www.futuremarketinsights.com/ask-question/rep-gb-14379

Key Takeaways

  • The market for teleconsultations and digital health services is at an all-time high, thanks to the new normal of social disconnection and isolation.
  • Due to the increased use of telemedicine services and telehealth technology in hospital settings to consult various specialists by doctors, the tele hospital segment income is estimated to reach US$ 121.6 billion by 2027. Both the hospitals and the patients will save money as a result of this.
  • In 2021, North America held the greatest proportion of the telehealth market. Issues such as the rising prevalence of chronic illnesses, the need to cut healthcare spending, and the growing general and senior population are all contributing to the substantial S telehealth market share.
  • As per the telemedicine market segmentation, from 2021 to 2030, the Asia-Pacific area is predicted to have the highest CAGR of 29 percent.
  • Europe is expected to be the second-largest market in terms of proportion, owing to improved government rules for the usage of digital health and the increased prevalence of chronic diseases.

Competitive Landscape

In the coming years, rising investment and distinctive business models of start-up enterprises are expected to alter the competitive landscape and the telehealth and telemedicine market outlook. These businesses are getting a lot of money from private equity firms to expand.

The telemedicine market size as per key players include  MDLive, GE Healthcare, Siemens Healthineers, Cisco Systems, Inc., Teladoc Health Inc., AMC Health, Koninklijke Philips N.V., Cerner Corporation, American Well, and Medtronic.

  • Estshara, a Cairo-based firm that provides an online platform for health consultations and tele pharmacy services, received USD 500,000 in seed funding from Egypt Venture in July 2021. The company presently has over 2 million users and has completed over 200,000 consultations.
  • MediTelecare launched “MediTely” on the market in May 2021. It’s a direct-to-consumer mobile health technology aimed at the elderly population who don’t live in long-term care facilities.
  • Teladoc Health and Vivo collaborated in May 2021 to expand access to high-quality healthcare in Brazil, specifically through telemedicine.

We Offer tailor-made Solutions to fit Your Requirements, Request Customization @ https://www.futuremarketinsights.com/customization-available/rep-gb-14379

Explore FMI’s Extensive ongoing Coverage on Healthcare Domain

Telehealth Kiosk Market – Telehealth kiosks are expected to become an essential part of a healthcare system and programs in the future. Telehealth kiosks allow health care professionals to treat patients at distance using telecommunication technology.

Next Generation Telehealth Market – Telemedicine or telehealth comprises of the telecommunication and information technologies which provides clinical healthcare from long distances. Telehealth uses next generation technologies such as telemedicine cart, telehealth software for managing, analyzing or visualizing the patient’s data.

Telemedicine Carts Market – Telemedicine carts has the potential to help facilitate the delivery of health services to area which lack hospitals for the treatment of major diseases. Modern advancement in information communications technologies have seen developments in different mechanisms for conducting telemedicine.

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact Us:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com/

Sign up and submit a press release

Sponsored
C-mo Medical Solutions extends seed investment round to €4.8 million to transform cough monitoring

C-mo Medical Solutions extends seed investment round to €4.8 million to transform cough monitoring

New Clarius Power Fan HD3 Delivers a First for Handheld Ultrasound: Continuous Scanning

New Clarius Power Fan HD3 Delivers a First for Handheld Ultrasound: Continuous Scanning

Fluidx Unveils New Embolic for Neurovascular Use

Fluidx Unveils New Embolic for Neurovascular Use

Annalise.ai and Nuance Communications (a Microsoft Company) Announce Key Partnership to Improve Patient Outcomes with Workflow-Integrated AI

Annalise.ai and Nuance Communications (a Microsoft Company) Announce Key Partnership to Improve Patient Outcomes with Workflow-Integrated AI

PT Genie Unveils New Brand Identity Reflecting Company’s Transformation and Focus on the Global Future of AI and Machine Learning in Digital Healthcare

interviews & reviews
Balance Boards to Stay Active in the Offfice: Interview with Joel Heath, CEO of FluidStance 

Balance Boards to Stay Active in the Offfice: Interview with Joel Heath, CEO of FluidStance 

Exciting Medtech at the Healthcareᐩ Expo Taiwan

Exciting Medtech at the Healthcareᐩ Expo Taiwan

Medgadget Visits Healthcareᐩ Expo Taiwan

Medgadget Visits Healthcareᐩ Expo Taiwan

Diabetes Management Tech for Type II patients: Interview with Jeffrey Brewer, CEO of Bigfoot Biomedical

Diabetes Management Tech for Type II patients: Interview with Jeffrey Brewer, CEO of Bigfoot Biomedical

Monitoring Congestive Heart Failure Through Speech: Interview with Tamir Tal, CEO of Cordio Medical

Monitoring Congestive Heart Failure Through Speech: Interview with Tamir Tal, CEO of Cordio Medical

In-Office Pediatric Ear Tube Procedures: Interview with Preceptis Medical's Greg Mielke

In-Office Pediatric Ear Tube Procedures: Interview with Preceptis Medical's Greg Mielke

Symani Microsurgical Robotic System: Interview with Mark Toland, CEO of Medical Microinstruments

Symani Microsurgical Robotic System: Interview with Mark Toland, CEO of Medical Microinstruments

  • Subscribe
  • Contact us
  • Submit
  • About
  • Back to top
Medgadget

Medical technologies transform the world! Join us and see the progress in real time. At Medgadget, we report the latest technology news, interview leaders in the field, and file dispatches from medical events around the world since 2004.

  • About
  • Editorial policies
  • Contact
  • Terms of Service
  • Privacy
  • Submit press release
  • Advertise
© Medgadget, Inc. All rights reserved. | The Medical Revolution Will Be Blogged.
Please support this website by adding us to your whitelist in your ad blocker. Ads are what helps us bring you premium content! Thank you!
Posting....
  • Facebook
  • Twitter
  • LinkedIn
  • Reddit
  • Email