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Telemedicine Market 2020 Size, Growth, Trends, Share, Merger, Revenue, Competitive Analysis, Key Players, Regional, And Global Forecast To 2023

February 13, 2020 | About:

Telemedicine Market Analysis from 2020 To 2026 is latest report on “Global Telemedicine Market”, published by Fortune Business Insights. The Global Telemedicine Market was valued at USD 34.28 billion in 2018 and is projected to reach USD 185.66 billion by 2026. The Telemedicine Market forecast period is set from 2020 to 2026 and market is expected to rise at 23.5% CAGR.

Telemedicine Market Analysis from 2020 To 2026 is latest report on “Global Telemedicine Market”, published by Fortune Business Insights. The Global Telemedicine Market was valued at USD 34.28 billion in 2018 and is projected to reach USD 185.66 billion by 2026. The Telemedicine Market forecast period is set from 2020 to 2026 and market is expected to rise at 23.5% CAGR.

Major Telemedicine Companies covered in the market report include

Boston Scientific Corporation, GE Healthcare, Resideo Life Care Solutions, Medvivo, Allscripts, Siemens Healthcare Private Limited, Cerner Corporation, Ergotron, Inc.

Browse more information at: https://www.fortunebusinessinsights.com/industry-reports/telemedicine-market-101067

Global Telemedicine Market Highlights:

Global Telemedicine Market analyzed by Type (Products, Services), By Application (Teleradiology, Telepathology, Teledermatology, Telepsychiatry, Telecardiology, Others), By Modality (Store-and-forward (Asynchronous), Real-time (Synchronous), Others), By End User (Healthcare Facilities, Homecare), and Regional Forecast 2019-2026

Request Sample Report at: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/telemedicine-market-101067

The global telemedicine technologies and services market is slated to witness a robust growth period owing to the increasing use of data science techniques to deliver effective and efficient treatment to patients. Data analysis, particularly big data tools, is expected to play a key role in the constantly evolving healthcare services sector. For example, telehealth monitoring, or eHealth, is being aided by the advancements made in smart device technologies through the Internet of Medical Things (IoMT).

The World Health Organization describes telemedicine as delivery of health services by professionals at a distance. This delivery involves access and exchange of information using information and communication technology (ICT) to diagnose and treat injuries and diseases in a time-bound manner. In essence, the term denotes the blending of technology in the field of healthcare.

Key players in the global telemedicine technologies and services market are frequently entering into strategic collaborations and partnerships to amplify their reach and diversify their product portfolios. For example, in July 2019, GE Healthcare took its partnership with InTouch Health forward by integrating the latter’s virtual care communications system with its own telehealth platform, Mural. Similarly, Doctor On Demand and Humana collaborated in April 2019 to launch a low-premium virtual plan for primary healthcare.

Regional Analysis:

Geographically the global market is segmented into North America, Asia Pacific, Latin America, the Middle East and Africa.

Among regions, North America is anticipated to hold a dominant section of the global telemedicine technologies and services market share in the forecasted period. This is primarily an outcome of a well-entrenched healthcare infrastructure, rapid developments in medicine technology, and growing focus on early detection and prevention of diseases. Climbing demand for better and advanced healthcare facilities along with an ever-increasing use of smart devices will favor the global telemedicine technologies and services market potential in Asia-Pacific.

Telemedicine Market Growth Factors:

Growing Prevalence of Chronic Diseases to Boost the Market

Chronic diseases, or non-communicable diseases (NCDs), account for 71% of deaths globally every year, as per WHO estimates. The WHO also reveals that 15 million deaths, 85% of the global deaths, occur in low and middle income countries where healthcare infrastructure in ill-equipped. These countries are seeing an increasing demand for telemedicine technologies as in many cases, patients are unable to make it to the doctor in time. Rising need for modern technology in healthcare delivery in developing countries will fuel the expansion of the global telemedicine technologies and services market size till 2026.

However, high cost of telemedicine services and apprehensions related to data breach possibilities can negatively impact the global telemedicine technologies and services market.

Table Of Content:

  1. Introduction

1.1. Research Scope

1.2. Market Segmentation

1.3. Research Methodology

1.4. Definitions and Assumptions

  1. Executive Summary
  2. Market Dynamics

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities

  1. Key Insights

Continued…

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About us:

Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us:

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Email: [email protected]

Press Release Distributed by The Express Wire

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