According to a new market research report published by Global Insight Services “Telemedicine Market is expected to reach US$ XX bn by 2031”. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Telemedicine technology is the use of electronic information and telecommunications technologies to support long-distance clinical health care and patient self-care. It allows patients to connect with doctors and other health care professionals over the internet, using video conferencing, phone calls, or email. Patients can also use telemedicine to access their medical records, view test results, and make appointments.
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Key Players
- Teladoc
- American Well
- Doctor on Demand
- MDLIVE
- MeMD
- Breakthrough
- HealthTap
- Pager
Key Trends
One of the most important trends has been the increasing use of mobile devices for telemedicine. This has been driven by the increasing availability of high-speed wireless data networks and the declining cost of mobile devices. As a result, more and more patients are using their smartphones and tablets to access their medical records, book appointments, and even consult with their doctors.
Another key trend has been the increasing use of artificial intelligence (AI) in telemedicine. This is being used to help doctors diagnose and treat patients more effectively. AI is also being used to develop new treatments and therapies that can be delivered remotely.
There has been a trend towards the use of telemedicine to provide care for patients in remote and underserved areas. This is being driven by the need to provide access to quality healthcare for all. Telemedicine can help to close the gap in healthcare access and improve outcomes for patients in these areas.
Key Drivers
Some of the key drivers of Telemedicine are:
- Increasing prevalence of chronic diseases
- Ageing population
- Increasing cost of healthcare
- Increasing adoption of mobile health (mHealth) technologies
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Market Segments
By Component
- Product
- Services
By Application
- Teleradiology
- Telepsychiatry
- Telepathology
- Telecardiology
- Others
By Delivery Mode
- Text based
- Video based
- Call Centers
By End-User
- Provider
- Payers
- Patients
- Others
Reasons to buy Telemedicine Market Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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Key Questions answered in the report:
- How is the market structured and what the key drivers and trends of this industry?
- How is the market segmented and what is the size of each segment?
- Which segments and geographies provide best growth opportunities?
- What’s the competitive landscape and positioning of players in this market?
- What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?
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About Global Insight Services:
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