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Global Telemedicine Market 2018-2022

Global Telemedicine Market 2018-2022

About Telemedicine

Telemedicine refers to the provision of healthcare services from a significant distance from the patient's location. It is the use of information technology, including hardware, software, telecom, and IT services to render healthcare services from a distance or a remote location. It comprises clinical health services that include: teleconsultation, telemonitoring, tele-education, telecare, and tele-surgery. Telemedicine contributes significantly to the IT spending by the healthcare industry.

Technavio’s analysts forecast the global telemedicine market expected to grow to USD 78.82 billion during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global telemedicine market for 2018-2022. To calculate the market size, the report considers the technology and services spend on providing healthcare services through telemedicine.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Telemedicine Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • IBM
  • GE
  • Koninklijke Philips
  • Siemens
  • HP
Market driver
  • Increased demand for digital health platform
  • For a full, detailed list, view our report
Market challenge
  • Issues with implementation
  • For a full, detailed list, view our report
Market trend
  • Growing acceptance of video consulting
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Telemedicine Market 2018-2022

Technavio recognizes the following companies as the key players in the global telemedicine market: IBM, GE, Koninklijke Philips, Siemens, and HP.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is growing acceptance of video consulting. With the declining cost of smart devices and increasing Internet penetration, people can consult doctors at their convenience without having to travel long distances for minor treatments or consultations. Doctors may also provide support to their patients constantly without being present at their clinics or hospitals. Thus, there is increased acceptance of video consulting. Video consulting enables both patients and doctors to save a lot of time and make use of or provide timely care in case of chronic diseases and sudden ill-health. It helps provide first aid in a crisis, but it can also be used to provide special hospital services that increase the chances of patient survival to a great extent.”

According to the report, one of the major drivers for this market is Increased demand for digital health platform. The healthcare industry is witnessing phenomenal changes. This is indicated by the increasing adoption of digital health platforms such as m-health, telehealth, EMR, and other wireless technologies. Today, digital health platforms are essential elements in every healthcare organization as they enable remote monitoring of patients, increase healthcare delivery efficiencies, improve access to electronic health information, and improve the quality of healthcare services along with cost reduction.

Further, the report states that one of the major factors hindering the growth of this market is Issues with implementation. It has been noted that the majority of the global population lives in rural areas and many disparities are found across the world in terms of access to basic healthcare based on various communities, income groups, states, and even districts within a state. Factors like retaining doctors in rural areas, scarcity of physicians, low disposable income of the rural population, inefficient medical facilities, and the cost of implementing technology infrastructure act as obstacles for the implementation of IT-enabled rural healthcare services. Bandwidth availability is another challenge.

Companies Mentioned

IBM, GE, Koninklijke Philips, Siemens, and HP.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Global telemedicine market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global - Market size and forecast 2017-2022 ($ bn)
      • Table Global - Year over year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by product
    • Segmentation by product
      • Table Product - Market share 2017-2022 (%)
    • Comparison by product
      • Table Comparison by product
    • Solutions - Market size and forecast 2017-2022
      • Table Solutions - Market size and forecast 2017-2022 ($ bn)
      • Table Solutions - Year over year growth 2018-2022 (%)
    • Services - Market size and forecast 2017-2022
      • Table Services - Market size and forecast 2017-2022 ($ bn)
      • Table Services - Year over year growth 2018-2022 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Market segmentation by application
    • Segmentation by application
      • Table Application - Market share 2017-2022 (%)
    • Comparison by application
      • Table Comparison by application
    • Telehospital - Market size and forecast 2017- 2022
      • Table Telehospital - Market size and forecast 2017-2022 ($ bn)
      • Table Telehospital - Year over year growth 2018-2022 (%)
    • Telehome - Market size and forecast 2017-2022
      • Table Telehome - Market size and forecast 2017-2022 ($ bn)
      • Table Telehome - Year over year growth 2018-2022 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global - Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • Americas - Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 ($ bn)
      • Table Americas - Year over year growth 2018-2022 (%)
      • Table Top 3 countries in Americas
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 ($ bn)
      • Table EMEA - Year over year growth 2018-2022 (%)
      • Table Top 3 countries in EMEA
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 ($ bn)
      • Table APAC - Year over year growth 2018-2022 (%)
      • Table Top 3 countries in APAC
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Growing acceptance of video consulting
    • Gaining popularity of m-health
    • Telehealth as a service
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • IBM
      • Table Vendor overview
      • Table IBM - Business segments
      • Table IBM - Geographic focus
      • Table IBM - Segment focus
      • Table IBM - Key customers
    • GE
      • Table Vendor overview
      • Table GE - Business segments
      • Table GE - Organizational developments
      • Table GE - Geographic focus
      • Table GE - Segment focus
      • Table GE - Key customers
    • Koninklijke Philips
      • Table Vendor overview
      • Table Koninklijke Philips - Business segments
      • Table Koninklijke Philips - Organizational developments
      • Table Koninklijke Philips - Geographic focus
      • Table Koninklijke Philips - Segment focus
      • Table Koninklijke Philips - Key customers
    • Siemens
      • Table Vendor overview
      • Table Siemens - Business segments
      • Table Siemens - Organizational developments
      • Table Siemens - Geographic focus
      • Table Siemens - Segment focus
      • Table Siemens - Key customers
    • HP
      • Table Vendor overview
      • Table HP - Business segments
      • Table HP - Geographic focus
      • Table HP - Segment focus
      • Table HP - Key customers
    • List of abbreviations
  • Explore Technavio

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