DUBLIN--(BUSINESS WIRE)--The "Telemedicine: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
In the changed post COVID-19 business landscape, the global market for Telemedicine estimated at US$60.1 Billion in the year 2022, is projected to reach a revised size of US$523.1 Billion by 2030, growing at a CAGR of 31% over the analysis period 2022-2030.
Software & Services, one of the segments analyzed in the report, is projected to record 30.3% CAGR and reach US$361.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Hardware segment is readjusted to a revised 32.9% CAGR for the next 8-year period.
The Telemedicine market in the U.S. is estimated at US$19.5 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$53.8 Billion by the year 2030 trailing a CAGR of 36.9% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 27.1% and 28% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 29.8% CAGR.
MARKET OVERVIEW
- Telemedicine - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- A Prelude to Telemedicine
- Telemedicine Advantages
- Types of Procedures Supported by Telemedicine
- Benefits for Patients & Providers
- COVID-19 Expedites Healthcare Ecosystem's Evolution for Better Care & Cost Savings
- Covid-19 Pandemic Accelerates Broader Use of Telemedicine
- Telemedicine Leads Digital Health Investments Driven by Covid-19: Leading Categories of Digital Health by Funding (In US$ Million) for the Year 2020
- Telehealth Visits in the U.S (In Million) for the Year 2020
- COVID-19 Pandemic Catalyzes Migration to New Models of Remote Care Delivery & Boosts Importance of Electronics Subsystems Supporting Smart Wearables: Global Number of Telemedicine Patients (In Million) for the Years 2016, 2018, 2020, 2023 & 2025
- Global Market Prospects and Outlook
- Global Market for Telemedicine Surges amid the Pandemic
- Telemedicine Boom Triggered by COVID-19
- US and Europe Dominate the Global Market, Asia-Pacific to Witness Fastest Growth
- Mobile/web Delivery Segment Dominates the Market
- Hardware Segment Leads the Global Telemedicine Market
- Market Outlook
- Competition
MARKET TRENDS & DRIVERS
- Rapid Evolution in Telecommunication Technology Steers Telemedicine Market
- Aging Population Drives the Market Growth
- Global Aging Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
- Increasing Occurrence of Chronic Diseases Drives Telemedicine Market
- Fatalities by Heart Conditions: Estimated Percentage Breakdown for Cardiovascular Disease, Ischemic Heart Disease, Stroke, and Others
- Rising Diabetes Prevalence Presents Opportunity for Telemedicine: Number of Adults (20-79) with Diabetes (in Millions) by Region for 2017 and 2045
- Looming Physician Shortage to Drive the Need for Telemedicine
- Evolving Reimbursement Laws and Policies
- Emerging Trends in Telemedicine
- Emphasis on Telemedicine Widens among Insurance Firms
- Telemedicine Gains Traction among Physicians
- Telehealth in Home Care
- Advanced Technologies and Rapidly Growing Telemedicine
- Smartphones & Cloud Access Bring Forward a Collaborative Foundation
- Remote Patient Monitoring: A Key Benefit of Telemedicine
- Telemedicine in Disaster Management
- Diverse Healthcare Markets Open Up
- Telecardiology Witnesses Increased Popularity
- Telemonitoring Services Gain Grounds
- Decentralization of Healthcare
- Technology Trends in Telecommunication Drives Telemedicine Market
- Video Telemedicine Market Gains Ground
- Developing Countries Healthcare Systems Demand Directions in Video Telemedicine services
- Transforming Remote Health Care Amenities by Increasing Awareness on Video Telemedicine
- Video Chat Applications Garner Acceptance Among Patients in Emergency
- IoMT: The New Healthcare 'Tech' Evolution
- Telemedicine Seeks Role in Home Care & Direct Primary Care
- Increase in Healthcare Spending to Propel Demand
MARKET SEGEMNTS
- Software & Services
- Hardware
- Tele-Radiology
- Tele-Psychiatry
- Tele-Stroke
- Tele-Dermatology
- Tele-Consultation
- Other Applications
- Provider
- Payer
- Patient
- Other End-Uses
- Telemedicine Market Analysis
FOCUS ON SELECT PLAYERS (Total 344 Featured)
- Aerotel Medical Systems Ltd.
- Allscripts Healthcare Solutions, Inc.
- AMD Global
- American Well
- BioTelemetry, Inc
- Cardiocom, LLC
- CISCO Systems
- Doctor On Demand, Inc
- F. Hoffmann-La Roche Ltd
- GlobalMedia Group, LLC.
- InTouch Technologies, Inc
- MDLIVE Inc
- MeMD
- Premier Health Group Inc
- Teladoc Health, Inc
- Telemedicine, Inc.
- TELUS Health
- WELL Health Technologies Corp
MARKET TRENDS & DRIVERS
- Rapid Evolution in Telecommunication Technology Steers Telemedicine Market
- Aging Population Drives the Market Growth
- Global Aging Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
- Increasing Occurrence of Chronic Diseases Drives Telemedicine Market
- Fatalities by Heart Conditions: Estimated Percentage Breakdown for Cardiovascular Disease, Ischemic Heart Disease, Stroke, and Others
- Rising Diabetes Prevalence Presents Opportunity for Telemedicine: Number of Adults (20-79) with Diabetes (in Millions) by Region for 2017 and 2045
- Global Cancer Incidence: Number of New Cancer Cases in Million for the Years 2018, 2020, 2025, 2030, 2035 and 2040
- Global Number of New Cancer Cases and Cancer-related Deaths by Cancer Site for 2018
- Looming Physician Shortage to Drive the Need for Telemedicine
- Physicians Density Per 1000 Population in Select Countries (2017)
- Evolving Reimbursement Laws and Policies
- Emerging Trends in Telemedicine
- Emphasis on Telemedicine Widens among Insurance Firms
- Telemedicine Gains Traction among Physicians
- Telehealth in Home Care
- Advanced Technologies and Rapidly Growing Telemedicine
- Smartphones & Cloud Access Bring Forward a Collaborative Foundation
- Smartphone Penetration Rate as Share of Total Population: 2016-2021
- Remote Patient Monitoring: A Key Benefit of Telemedicine
- Telemedicine in Disaster Management
- Diverse Healthcare Markets Open Up
- Telecardiology Witnesses Increased Popularity
- Telemonitoring Services Gain Grounds
- Decentralization of Healthcare
- Technology Trends in Telecommunication Drives Telemedicine Market
- Video Telemedicine Market Gains Ground
- Developing Countries Healthcare Systems Demand Directions in Video Telemedicine services
- Transforming Remote Health Care Amenities by Increasing Awareness on Video Telemedicine
- Video Chat Applications Garner Acceptance Among Patients in Emergency
- IoMT: The New Healthcare 'Tech' Evolution
- Global IoT Market (In US$ Billion) by Industry for the Years 2018 and 2022
- Number of Connected Medical Devices in Million: 2018-2025
- Telemedicine Seeks Role in Home Care & Direct Primary Care
- Increase in Healthcare Spending to Propel Demand
- Current & Required Healthcare Spending as % of GDP
- World Healthcare Expenditure (In US$ Billion) for the Years 2017-2023
For more information about this report visit https://www.researchandmarkets.com/r/w6nxcr
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
