Telemedicine Market Analysis Global Industry Size, Share, Emerging Trends, Growth Boosted By Demand and Advanced Technology till 2023

Telemedicine Market Research Report, By Service Type (Telenursing), Component (Software, Hardware), Deployment (Cloud-Based, On-Premises), Application (Cardiology, Radiology, Dermatology) End Users (Hospitals, Clinics, Home Care) - Global Industry Size, Trends, Growth, Analysis, Share, Forecast till 2023

Market Landscape

The new report by Market Research Future (MRFR) asserts that the global telemedicine market 2020 is slated to acquire a substantial market valuation of USD 56.7 billion at a moderate 16.8% CAGR over the review period.

Segmentation Analysis

The global telemedicine market is segmented by component, deployment, service type, application, and end-user.
Components include software and hardware. Software is further sub-segmented into standalone software and integrated software. While the hardware segment is divided into medical peripheral devices and monitors.
By deployment, it is segmented into cloud-based and on-premises.
By service type, it is segmented into tele-oncology, teleradiology, teledermatology, telepharmacy, telenursing, and others.
Major applications include dermatology, cardiology, radiology, ophthalmology, psychiatry, and others.
End-users of the global telemedicine market include home care, clinics, and hospitals.

Competitive Landscape

The major market players identified by MRFR in the global market are AMD Global Telemedicine, Inc., CardioNet, CareClix, Cerner Corporation, Cisco, GENERAL ELECTRIC, Intel Corporation,  IBM Corporation, Iris Telehealth, Koninklijke Philips N.V., Medtronic, SHL Telemedicine, TeleVital, Medvivo Group Ltd., Aerotel Medical Systems, Cardiocom, Honeywell Lifesciences, Allscripts Healthcare Solutions, Tunstall Healthcare, Care Innovations, Aerotel Medical Systems Ltd., and others.


Industry News

·         Dissemination of information to patients as well as creating awareness about the positive aspects of telemedicine can bode well for the global market. In 2019, the U.S Department of Access granted close to USD 42.5 million for enlightening patients about telemedicine across 37 states and 2 U.S. territories. The need to improve access to medicine in rural regions can drive the global market growth.

Related News

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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