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Telemedicine Market Size Worth USD 423 Billion at 22.1% CAGR by 2030 | MRFR

February 3rd, 2023 Market Research Future Releases

Telemedicine Market Size, Trends and Growth Analysis By Service Type (Telenursing), Component (Software, Hardware), Deployment (Cloud-Based, On-Premises), Application (Cardiology, Radiology, Dermatology) End Users (Hospitals, Clinics, Home Care) – Global Industry Size, Trends, Growth, Analysis, Share, Forecast till 2030

The telemedicine market was valued USD 67.3 Billion in 2021 and is expected to surpass the value of over USD 423 Billion by the year 2030 while registering a CAGR of 22.1% during the forecast period 2022-2030. Telemedicine services and health care operations through online services and digital ways while enhancing the monitoring of the condition digitally and helps in enhancing the coordination of the mechanisms that ensure the appropriate usage of the facilities.

The increasing penetration of the internet and innovation in smartphones is enabling to address the gaps in the delivery and availing of telehealth services accessibly. Moreover, the demand for telehealth services witnessed tremendous growth over the historical year owing to the COVID-19 pandemic and the limits imposed to curb the infection. COVID-19 delayed the delivery of healthcare services which enabled most healthcare facilities to shift from traditional to virtual care methods. Further, the rising need to monitor health and wellness to manage chronic diseases virtually is pouring market growth.

Get Free Sample PDF Brochure @  https://www.marketresearchfuture.com/sample_request/2216

Market Segmentation

The Global Telemedicine Market has been segmented into the Type, Modality, Application, and end-use

Based on type, The Global Telemedicine Market has been segmented into products and services. The services segment is projected to account for the extreme portion of the important market. Telemedicine substantially decreases the waiting time for consultations and referrals. This is one of the prominent reasons for the growing number of hospitals providing or deploying e-consultation services, which, in turn, is preferring the services segment.

Based on the modality, The Global Telemedicine Market has been segmented into real-time, store-and-forward (S&F), and others. The real-time segment is anticipated to witness lucrative growth due to the drastic increase in the number of e-visits. This is likely to propel the substantial growth of the real-time segment.

Based on application, The Global Telemedicine Market has been segmented into teleradiology, telepathology, telecardiology, telepsychiatry, tele dermatology, and others. The teleradiology segment is anticipated to dominate the market throughout the forecast period. Factors attributable to the increase in the segment are advancements in S&F technologies and the scarcity of radiologists in rural areas.

Based on the end-user, The Global Telemedicine Market has been segmented into healthcare facilities and homecare. The growing number of government-funded pilot programs for telemedicine, the usage of telecommunications tools to train doctors in medical colleges, and the increasing number of service providers for virtual consultations are the primary factors poised to rush the healthcare facilities segment during 2022-2030.

Regional Analysis

North America is dominating the market during the forecast period. The existence of major players such as Teladoc, MDLive, and others, as well as the robust government support and growing teleconsultations, are driving the market in this region.

Browse In-depth Market Research Report (150 Pages) on Telemedicine: https://www.marketresearchfuture.com/reports/telemedicine-market-2216

Europe is expected to be the second-most leading region in terms of share, which can be attributed to the refining government guidelines for the use of digital health and the growing prevalence of chronic diseases. This is expected to surge the market in the region.

Key Players

Some of the key market players are CardioNet, Cisco, TeleVital,  Aerotel Medical Systems, Cardiocom, Aerotel Medical Systems Ltd., CareClix, Koninklijke Philips N.V., SHL Telemedicine, and Medtronic

Browse Related Reports at

Telehealth Market Size, Trends and Growth Analysis By Component (Hardware, Software and Services), By Mode of Delivery (Web/Cloud-Based and On-Premise), By Application (Radiology, Cardiology, Primary Care, Neurophysiology and others), By End User (Hospitals and Clinics, Diagnostic Centers, Home Care and others) – Global Forecast till 2030

Artificial Intelligence in Healthcare Market Research Report: Information By Component (Hardware, Software, Services), Application (Robot-Assisted Surgery, Virtual Nursing Assistant, Dosage Error Reduction, Clinical Trial, Preliminary Diagnosis, Automated Image Diagnosis), Technology (Machine Learning, Querying Method, Natural Language Processing), End User (Hospital & Diagnostic Centers, Pharmaceutical & Biotechnology Companies Academic & Research Laboratories) – Global Forecast till 2030

Mental Health Software and Devices Market Information; By Componant (Software (web based, and Standalone software) and devices), By Functionality (Clinical (electronic health records (EHRs), clinical decision support, Health Management, E-prescribing, Tele-health, and others), Administrative (information management, scheduling, workforce management, and others), Financial (accounting, revenue cycle management, business intelligence, and others) and others), End User (providers, payers, and patients) – Forecast To 2030

About Market Research Future:

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

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Website: https://www.marketresearchfuture.com

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