Telemedicine Market Size, Share, Industry Trends, Growth and Forecast 2022-2027

Byimarcsuraj

IMARC Group has recently released a new research study “Telemedicine Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.

What are the growth prospects of the Telemedicine Industry?

The global telemedicine market size reached US$ 47.28 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 177.84 Billion by 2027, exhibiting a growth rate (CAGR) of 22.50% during 2022-2027.

Impact of COVID-19:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

What is a Telemedicine Market?

Telemedicine represents the remote delivery of healthcare services, such as assessments or consultations, via telephone networks without the need for an in-person visit. It generally comprises various components, including software, hardware, and a communication channel, that allow information to be exchanged between two geographical locations. Remote delivery of healthcare services can be performed efficiently by using telecommunication infrastructures. In line with this, management of chronic conditions, medication management, follow-up visits, specialist consultations, etc., can also be managed via text, audio, video conferences, etc. Telemedicine makes it easier for patients to connect with them and help in reducing overall healthcare costs. Consequently, medical practitioners and hospitals are extensively utilizing digital health technologies in their practices.

Request For Free Sample Report: https://www.imarcgroup.com/telemedicine-market/requestsample

What are the major market drivers in the Telemedicine Market?

The growing digitization in the medical sector, owing to continuous technological advancements for making healthcare affordable and accessible to individuals, is primarily driving the telemedicine market. Additionally, the widespread adoption of machine learning (ML) and the Internet of Things (IoT) is further catalyzing the market growth. Besides this, the expanding cardiology, radiology, and mental health segments and the development of new business and healthcare models are acting as significant growth-inducing factors. Moreover, the rising prevalence of chronic diseases, including diabetes and cancer, and postponement and cancellation of elective appointments and surgeries, on account of social distancing norms during the sudden outbreak of the COVID-19 pandemic, are also positively influencing the global market. Apart from this, the introduction of smart medicine cabinets and extensive R&D activities are anticipated to fuel the telemedicine market over the forecasted period.

Who Are The Major Key Players in Telemedicine Market?

Aerotel Medical Systems (1998) Ltd., Allscripts Healthcare Solutions Inc., AMD Global Telemedicine Inc., American Well Corporation, Cigna Corporation, Cisco Systems Inc., Doxy.me Inc., HealthTap Inc., PlushCare Inc. (Accolade Inc.), SHL Telemedicine, SOC Telemed Inc. (Patient Square Capital), Teladoc Health Inc. and Twilio Inc.

Report Segmentation:

The report has been segmented the market into following categories:

Breakup by Component:

  • Product
    • Hardware
    • Software
    • Others
  • Services
    • Tele-consulting
    • Tele-monitoring
    • Tele-education 

Breakup by Modality:

  • Real-time
  • Store and Forward
  • Others

Breakup by Delivery Mode:

  • Web/Mobile
    • Audio/Text-based
    • Visualized
  • Call Centers

Breakup by Facility:

  • Tele-hospital
  • Tele-home

Breakup by Application:

  • Teledermatology
  • Teleradiology
  • Telepsychiatry
  • Telepathology
  • Telecardiology
  • Others

Breakup by End User:

  • Providers
  • Payers
  • Patients
  • Others

 By Geography:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Ask Analyst for Customization: https://www.imarcgroup.com/request?type=report&id=6523&flag=C

Key highlights of the report:

  • Market Performance (2017-2022)
  • Market Outlook (2022- 2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:
IMARC Services Private Limited.

30 N Gould St Ste R

Sheridan, WY 82801 USA – Wyoming

Email: Sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

Americas:- +1 631 791 1145 |

Africa and Europe :- +44-702-409-7331 |

Asia: +91-120-433-0800, +91-120-433-0800