Telemedicine Market Breakdown By Size, Share, Growth, Trends, and Industry 2030- MarkNtel Advisors
According to Markntel Advisors Report, Telemedicine Market is expected to grow at a significant growth rate, and the analysis period is 2024-2030, considering the base year as 2023. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
Telemedicine is a healthcare delivery method that
involves the usage of technology, primarily telecommunications, to provide
remote medical services & consultations. It enables patients to access
medical care, receive diagnoses, consult with healthcare providers, and even
receive treatment without the need for in-person visits to a medical facility.
Global Telemedicine Market
Research Report & Summary:
The Global
Telemedicine
Market size was valued at USD 79 Billion in 2023 and
is projected to reach USD
275 Billion by 2030. Along with this, the market is estimated
to grow at a CAGR of around 18% during the forecast period, i.e.,
2024-30.
Time Period
Captured in the Report:
·
Historical
Years: 2019-22
·
Base
Years: 2023
·
Forecast
Years: 2024-2030
Who are the Key Players Operating in the Telemedicine
Market?
The top
companies of the Telemedicine Market ruling the industry are:
GE Healthcare, AMD,
Aerotel, Philips, McKesson Corp, SHL, Polycom, Medtronic Plc, In Touch, Hicuity
Health and others
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Telemedicine
Industry Recent Development:
·
2023: GE Healthcare announced a partnership with Medanta Group of
Hospitals, to offer a 24/7 remote and virtual service for patients in the ICU.
What is Included in Telemedicine Market
Segmentation?
The Telemedicine Market explores the industry
by emphasizing the growth parameters and categorizes including geographical
segmentation, to offer a comprehensive understanding of the market
dynamic. The further bifurcations are as
follows:
-By Component
-Hardware- Market Size & Forecast 2019-2030, USD Million
-Monitors- Market Size & Forecast 2019-2030, USD Million
-Medical Peripheral Devices (Digital ECG, Digital Stethoscope)- Market
Size & Forecast 2019-2030, USD Million
-Software- Market Size & Forecast 2019-2030, USD Million
-Integrated Software- Market Size & Forecast 2019-2030, USD Million
-Standalone Software- Market Size & Forecast 2019-2030, USD Million
-By Service
-Tele-training - Market Size & Forecast 2019-2030, USD Million
-Tele-consultation - Market Size & Forecast 2019-2030, USD Million
-Tele- Surgery- Market Size & Forecast 2019-2030, USD Million
-Tele-monitoring- Market Size & Forecast 2019-2030, USD Million
-Asynchronous (Store-and-Forward)- Market Size & Forecast 2019-2030,
USD Million
-By Application
-Tele-radiology- Market Size & Forecast 2019-2030, USD Million
-Tele-Psychiatry- Market Size & Forecast 2019-2030, USD Million
-Tele-Cardiology- Market Size & Forecast 2019-2030, USD Million
-Tele-Dermatology- Market Size & Forecast 2019-2030, USD Million
-Tele-Neurology- Market Size & Forecast 2019-2030, USD Million
-Tele-Pathology- Market Size & Forecast 2019-2030, USD Million
-Emergency Care- Market Size & Forecast 2019-2030, USD Million
-Others (Tele-Nephrology, Tele-Obstetrics, etc.) - Market Size &
Forecast 2019-2030, USD Million
-By End User
-Hospitals- Market Size & Forecast 2019-2030, USD Million
-Home Care- Market Size & Forecast 2019-2030, USD Million
-Clinics & Specialty Centers - Market Size & Forecast 2019-2030,
USD Million
-Others (Medical Labs, etc.) - Market Size & Forecast 2019-2030, USD
Million
-By Region
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific
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Market Dynamics -Global Telemedicine
Market:
Rising Demand for
Telemedicine in Chronic Disease Management – The management of chronic
diseases is a critical healthcare challenge as the global prevalence of
conditions like diabetes, hypertension, and heart disease continues to rise.
Telemedicine plays a pivotal role in addressing this issue, and a brief market
analysis underscores its impact. Telemedicine enables continuous monitoring of
chronic conditions through the usage of remote patient monitoring devices and
digital health platforms. This allows healthcare providers to track patients'
vital signs, medication adherence, and lifestyle behaviors in real time.
As
a result, patients receive timely interventions, reducing the risk of
complications and hospital readmissions. This improves patient outcomes and
lowers healthcare costs by reducing the burden of emergency care. Furthermore,
the convenience and accessibility of telemedicine facilitate better patient
engagement in their care. Due to this, the demand for telemedicine among patients
with chronic conditions has been increasing in the market.
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Why Markntel Advisor Report?
MarkNtel Advisors is a leading consulting, data
analytics, and market research firm that provides an extensive range of
strategic reports on diverse industry verticals. We being a qualitative &
quantitative research company, strive to deliver data to a substantial &
varied client base, including multinational corporations, financial
institutions, governments, and individuals, among others.
We have our existence across the market for
many years and have conducted multi-industry research across 80+ countries,
spreading our reach across numerous regions like America, Asia-Pacific, Europe,
the Middle East & Africa, etc., and many countries across the regional
scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil,
and several others.
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