Telemedicine - Global Market Outlook (2020-2028)
According to Stratistics MRC, the Global Telemedicine Market is accounted for $35.21 billion in 2020 and is expected to reach $393.13 billion by 2028 growing at a CAGR of 35.2% during the forecast period. Increasing number of corona virus positive cases along with the chronic respiratory diseases, technological innovations, and increasing remote patient monitoring is driving the market growth. However, lack of knowledge and trust in developing countries are hampering the growth of the market.
Telemedicine is the modern technology in which physicians can care the patients remotely to the practice when the provider and the patients are not physically present for each other. The physician and patients can share information in real-time from one computer screen to another one. They can see the capture readings from medical devices at a different locations. The benefit of telemedicine is the patients can see the doctors for diagnosis and treatment without having to wait for an appointment.
Based on the end user, the providers segment is going to have lucrative growth during the forecast period as telemedicine solutions improve healthcare quality and offer convenience for healthcare providers in terms of quick access to patient records, improved decision support, provide clinical alerts, and real-time quality reporting. By geography, Asia Pacific is going to have high growth during the forecast period owing to rapid demand for healthcare assistance, especially in the rural areas. Innovation and development towards telecommunication are likely to enhance further the growth in this region in near future.
Some of the key players profiled in the Telemedicine Market include Boehringer Ingelheim, Sanofi, Zoetis, Affinitech, Romvac Company S.A, Merck & Co., Bayer, Indovax, Hester Biosciences Limited, Eli Lilly and Company, CEVA Logistics and Bimeda Inc.
Components Covered:
• Products
• Services
Technologies Covered:
• Store-and-Forward (Asynchronous)
• Real-Time (Synchronous)
• Remote Order Entry Service
• Remote Patient Monitoring
Delivery Models Covered:
• Call Centers
• Telehealth Portals & Kiosks
• Web/Mobile
Deployments Covered:
• On Premises
• Web & Cloud-based
Specialties Covered:
• Trauma Care
• Tele-Surgery
• Gynecology
• Tele-Stroke
• Teleradiology
• Psychiatry and Mental Health
• Telepathology
• Orthopedics
• Ophthalmology
• Neurology
• Tele-Pharmacy
• Tele-Oncology
• General Consultation
• Emergency Care (Primary/Urgent Care)
• Dermatology
• Cardiology
• Tele-Nursing
• Tele-Intensive Care Unit (ICU)
Applications Covered:
• Tele Hospitals and Clinics
• Tele-Home
• mHealth (Mobile Health)
End Users Covered:
• Providers
• Payers
• Patients
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
• Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
- 1 Executive Summary
- 2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
- 3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Technology Analysis
- 3.7 Application Analysis
- 3.8 End User Analysis
- 3.9 Emerging Markets
- 3.10 Impact of Covid-19
- 4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
- 5 Global Telemedicine Market, By Component
- 5.1 Introduction
- 5.2 Products
- 5.2.1 Hardware
- 5.2.1.1 Telemedicine Kits
- 5.2.1.2 Mobile Medical Devices
- 5.2.1.3 Kiosks
- 5.2.1.4 Telemedicine Carts
- 5.2.1.5 Patient Assessment Terminal (PAT)
- 5.2.1.6 Monitors
- 5.2.1.7 Digital Cameras
- 5.2.1.8 Medical Peripheral Devices
- 5.2.1.8.1 Weighing Scales
- 5.2.1.8.2 Pulse Oximeters
- 5.2.1.8.3 Blood Pressure Monitors
- 5.2.1.8.4 Electrocardiogram (ECG) Monitors
- 5.2.1.8.5 Peak Flow Meters
- 5.2.1.8.6 Blood Glucose Monitors
- 5.2.2 Software
- 5.2.2.1 Integrated Software
- 5.2.2.2 Standalone Software
- 5.2.3 Telecommunications & Networking
- 5.3 Services
- 5.3.1 Tele-Monitoring
- 5.3.2 Tele-Education/Training
- 5.3.3 Tele-Consulting
- 6 Global Telemedicine Market, By Technology
- 6.1 Introduction
- 6.2 Store-and-Forward (Asynchronous)
- 6.3 Real-Time (Synchronous)
- 6.4 Remote Order Entry Service
- 6.5 Remote Patient Monitoring
- 7 Global Telemedicine Market, By Delivery Model
- 7.1 Introduction
- 7.2 Call Centers
- 7.3 Telehealth Portals & Kiosks
- 7.4 Web/Mobile
- 7.4.1 Telephonic
- 7.4.2 Visualized/Virtual
- 8 Global Telemedicine Market, By Deployment
- 8.1 Introduction
- 8.2 On Premises
- 8.3 Web & Cloud-based
- 9 Global Telemedicine Market, By Specialty
- 9.1 Introduction
- 9.2 Trauma Care
- 9.3 Tele-Surgery
- 9.4 Gynecology
- 9.5 Tele-Stroke
- 9.6 Teleradiology
- 9.7 Psychiatry and Mental Health
- 9.8 Telepathology
- 9.9 Orthopedics
- 9.10 Ophthalmology
- 9.11 Neurology
- 9.12 Tele-Pharmacy
- 9.13 Tele-Oncology
- 9.14 General Consultation
- 9.15 Emergency Care (Primary/Urgent Care)
- 9.16 Dermatology
- 9.17 Cardiology
- 9.18 Tele-Nursing
- 9.19 Tele-Intensive Care Unit (ICU)
- 10 Global Telemedicine Market, By Application
- 10.1 Introduction
- 10.2 Tele Hospitals and Clinics
- 10.3 Tele-Home
- 10.4 mHealth (Mobile Health)
- 11 Global Telemedicine Market, By End User
- 11.1 Introduction
- 11.2 Providers
- 11.3 Payers
- 11.4 Patients
- 12 Global Telemedicine Market, By Geography
- 12.1 Introduction
- 12.2 North America
- 12.2.1 US
- 12.2.2 Canada
- 12.2.3 Mexico
- 12.3 Europe
- 12.3.1 Germany
- 12.3.2 UK
- 12.3.3 Italy
- 12.3.4 France
- 12.3.5 Spain
- 12.3.6 Rest of Europe
- 12.4 Asia Pacific
- 12.4.1 Japan
- 12.4.2 China
- 12.4.3 India
- 12.4.4 Australia
- 12.4.5 New Zealand
- 12.4.6 South Korea
- 12.4.7 Rest of Asia Pacific
- 12.5 South America
- 12.5.1 Argentina
- 12.5.2 Brazil
- 12.5.3 Chile
- 12.5.4 Rest of South America
- 12.6 Middle East & Africa
- 12.6.1 Saudi Arabia
- 12.6.2 UAE
- 12.6.3 Qatar
- 12.6.4 South Africa
- 12.6.5 Rest of Middle East & Africa
- 13 Key Developments
- 13.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 13.2 Acquisitions & Mergers
- 13.3 New Product Launch
- 13.4 Expansions
- 13.5 Other Key Strategies
- 14 Company Profiling
- 14.1 Boehringer Ingelheim
- 14.2 Sanofi
- 14.3 Zoetis
- 14.4 Affinitech
- 14.5 Romvac Company S.A
- 14.6 Merck & Co.
- 14.7 Bayer
- 14.8 Indovax
- 14.9 Hester Biosciences Limited
- 14.10 Eli Lilly and Company
- 14.11 CEVA Logistics
- 14.12 Bimeda Inc.
- List of Tables
- Table 1 Global Telemedicine Market Outlook, By Region (2019-2028) ($MN)
- Table 2 Global Telemedicine Market Outlook, By Component (2019-2028) ($MN)
- Table 3 Global Telemedicine Market Outlook, By Products (2019-2028) ($MN)
- Table 4 Global Telemedicine Market Outlook, By Hardware (2019-2028) ($MN)
- Table 5 Global Telemedicine Market Outlook, By Software (2019-2028) ($MN)
- Table 6 Global Telemedicine Market Outlook, By Telecommunications & Networking (2019-2028) ($MN)
- Table 7 Global Telemedicine Market Outlook, By Services (2019-2028) ($MN)
- Table 8 Global Telemedicine Market Outlook, By Tele-Monitoring (2019-2028) ($MN)
- Table 9 Global Telemedicine Market Outlook, By Tele-Education/Training (2019-2028) ($MN)
- Table 10 Global Telemedicine Market Outlook, By Tele-Consulting (2019-2028) ($MN)
- Table 11 Global Telemedicine Market Outlook, By Technology (2019-2028) ($MN)
- Table 12 Global Telemedicine Market Outlook, By Store-and-Forward (Asynchronous) (2019-2028) ($MN)
- Table 13 Global Telemedicine Market Outlook, By Real-Time (Synchronous) (2019-2028) ($MN)
- Table 14 Global Telemedicine Market Outlook, By Remote Order Entry Service (2019-2028) ($MN)
- Table 15 Global Telemedicine Market Outlook, By Remote Patient Monitoring (2019-2028) ($MN)
- Table 16 Global Telemedicine Market Outlook, By Delivery Model (2019-2028) ($MN)
- Table 17 Global Telemedicine Market Outlook, By Call Centers (2019-2028) ($MN)
- Table 18 Global Telemedicine Market Outlook, By Telehealth Portals & Kiosks (2019-2028) ($MN)
- Table 19 Global Telemedicine Market Outlook, By Web/Mobile (2019-2028) ($MN)
- Table 20 Global Telemedicine Market Outlook, By Telephonic (2019-2028) ($MN)
- Table 21 Global Telemedicine Market Outlook, By Visualized/Virtual (2019-2028) ($MN)
- Table 22 Global Telemedicine Market Outlook, By Deployment (2019-2028) ($MN)
- Table 23 Global Telemedicine Market Outlook, By On Premises (2019-2028) ($MN)
- Table 24 Global Telemedicine Market Outlook, By Web & Cloud-based (2019-2028) ($MN)
- Table 25 Global Telemedicine Market Outlook, By Specialty (2019-2028) ($MN)
- Table 26 Global Telemedicine Market Outlook, By Trauma Care (2019-2028) ($MN)
- Table 27 Global Telemedicine Market Outlook, By Tele-Surgery (2019-2028) ($MN)
- Table 28 Global Telemedicine Market Outlook, By Gynecology (2019-2028) ($MN)
- Table 29 Global Telemedicine Market Outlook, By Tele-Stroke (2019-2028) ($MN)
- Table 30 Global Telemedicine Market Outlook, By Teleradiology (2019-2028) ($MN)
- Table 31 Global Telemedicine Market Outlook, By Psychiatry and Mental Health (2019-2028) ($MN)
- Table 32 Global Telemedicine Market Outlook, By Telepathology (2019-2028) ($MN)
- Table 33 Global Telemedicine Market Outlook, By Orthopedics (2019-2028) ($MN)
- Table 34 Global Telemedicine Market Outlook, By Ophthalmology (2019-2028) ($MN)
- Table 35 Global Telemedicine Market Outlook, By Neurology (2019-2028) ($MN)
- Table 36 Global Telemedicine Market Outlook, By Tele-Pharmacy (2019-2028) ($MN)
- Table 37 Global Telemedicine Market Outlook, By Tele-Oncology (2019-2028) ($MN)
- Table 38 Global Telemedicine Market Outlook, By General Consultation (2019-2028) ($MN)
- Table 39 Global Telemedicine Market Outlook, By Emergency Care (Primary/Urgent Care) (2019-2028) ($MN)
- Table 40 Global Telemedicine Market Outlook, By Dermatology (2019-2028) ($MN)
- Table 41 Global Telemedicine Market Outlook, By Cardiology (2019-2028) ($MN)
- Table 42 Global Telemedicine Market Outlook, By Tele-Nursing (2019-2028) ($MN)
- Table 43 Global Telemedicine Market Outlook, By Tele-Intensive Care Unit (ICU) (2019-2028) ($MN)
- Table 44 Global Telemedicine Market Outlook, By Application (2019-2028) ($MN)
- Table 45 Global Telemedicine Market Outlook, By Tele Hospitals and Clinics (2019-2028) ($MN)
- Table 46 Global Telemedicine Market Outlook, By Tele-Home (2019-2028) ($MN)
- Table 47 Global Telemedicine Market Outlook, By mHealth (Mobile Health) (2019-2028) ($MN)
- Table 48 Global Telemedicine Market Outlook, By End User (2019-2028) ($MN)
- Table 49 Global Telemedicine Market Outlook, By Providers (2019-2028) ($MN)
- Table 50 Global Telemedicine Market Outlook, By Payers (2019-2028) ($MN)
- Table 51 Global Telemedicine Market Outlook, By Patients (2019-2028) ($MN)
- Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.