As per a new report by Cognitive Market Research, the Global Telemedicine Market size is anticipated to Reach USD 396.14 Billion by 2029 at a CAGR of 24.78% from 2022-2029. As per the current market scenario, the high-speed 5G network will boost the demand for telemedicine services in the remote community.
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Key Insights from Telemedicine Market Report
As per Cognitive Market Research's latest published report, the Global Telemedicine market size was $76.59 Billion in year 2022 and will reach $396.14 Billion by 2029. Telemedicine Industry's Compound Annual Growth Rate will be 24.78% from 2022 to 2029.
Telemedicine Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Telemedicine Market Report Description
From almost 4 decades, telemedicine has made healthcare accessible to patients in remote locations. It thus allows doctors and healthcare facilities to reach out to institutions beyond their own network. It uses electronic communication to exchange medical information from one location to another one. Telemedicine has grown rapidly and has become an integrated part of specialty departments, hospitals, private doctor offices, home health care, and the consumer’s residence and workplace.
Market for telemedicine boomed up during the COVID-19 pandemic, which is majorly attributed to a lack of in-person visits and limitations and restrictions on travel. Hence, mandatory social distancing and the lack of effective treatments has made telemedicine in becoming a very positive contributor to healthcare.
| Base Year | 2022 |
| Historical Data Time Period | 2018-2022 |
| Forecast Period | 2023-2030 |
| Report Edition | 7th Edition (2023) |
| Last Update | Last Updated In January 2023 |
| Next Report Edition | June 2023 (Pre-Booking Available) |
| Market Forecast/Projection Time Period | 2023-2030 |
| Report Format |  |  |  |  |  |
| Report ID | CMR547703 |
Report scope is customizable as we have a huge database of Telemedicine industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
COVID-19 pandemic has driven telemedicine usage
- In 2020, countries reported on average, about half of essential health services were disrupted. This has stimulated the provision of healthcare and communication services through distance-based technologies. Telemedicine was employed as a form of clinical collaboration by most doctors, expanding the range of communication and healthcare services in low- and middle-income settings during the COVID-19 pandemic.
- Telemedicine encompasses consultations, procedures, storage and transmission of data and health information by means of sound, text or images. As it has been widely used during pandemic by maintaining physical isolation and avoiding direct physical contact, several innovations were made post pandemic which further accelerated the growth of telemedicine market. Healthcare is thus seeing a surge of direct-to-consumer telemedicine providers operating at a large scale helping to provide care to patients.
Growing adoption of smart devices coupled with rising internet connectivity
- Over the last few years, there is a rapid increase in smart device adoption and internet penetration. Smart devices offer flexibility to patients on a smartphone or tablet. With a mobile device, users are simply able to access doctors and therapists. This rapid expansion has stimulated growth of telemedicine market. This demand is increasing substantially as internet penetration increases. With the advent of 4G and 5G, customers can now communicate with experts and watch high-resolution pictures.
- According to a study, the number of unique mobile internet users in 2020 was 4.28 billion, and more than 90% of the worldwide internet population has access to the internet via a mobile device. Until March 2021, the internet penetration rate in Asia was at 62%, 88% in Europe, and 90% in North America. As a result, the growing adoption of smart devices coupled with rising internet connectivity is driving the growth of telemedicine market.
Current Trends on Telemedicine:
Technology trends in boosting telemedicine market
- Rising adoption of 5G has great potential to increase data consumption globally. It is expected to enable faster speeds of up to 20 gigabits per second (Gbps) per user, and to connect around one million devices per square kilometre. Thus, it will have potential impact on applications that rely on real-time data analytics. Besides, AI technology are helping to organise, screen, and analyse personal health data. As a result, it will help extract insights about healthcare trends, track patients over time, and forecast the likelihood of developing a disease.
- Usage of wearable devices has increased now-a-days, which uses sensors to measure various vital signs such as heart rate, glucose levels, and blood pressure. This data is then transmitted for real-time feedback.
Telemedicine Market Analysis
Global Telemedicine Market Report 2023 talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Telemedicine Industry growth. Telemedicine market has been segmented with the help of its Component, Application Service Type, and others. Telemedicine market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Report scope is customizable as we have a huge database of Telemedicine industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
| Major Component Analysed | |
| Major Application Analysed | |
| Major Service Type Analysed | Tele-consulting, Tele-monitoring, Tele-education/training |
| Major Delivery Type Analysed | On-premise, Cloud-based |
| Top Manufacturers Disclosed | |
| Global, Regional and Country Analysis |
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| Key Qualitative Information Covered |
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By Component, Software & Services held largest share in telemedicine market
Telemedicine software is designed to deliver healthcare-related information and healthcare services using the latest technology. It thus allows transparent communication with healthcare providers via video, audio or text chat and exchange health information seamlessly. As this need in chronic illness is high due to real-time monitoring, software and service dominates the growth of telemedicine market.
Telemedicine Market Share (%) by Component in 2018-2030
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Telemedicine Industry. Request a Free Sample PDF!
Application Segment Analysis of Telemedicine Market
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of Telemedicine from 2018 to 2030. This will also help to analyze the demand for Telemedicine across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key Application of Telemedicine are:
- Telepathology
- Telecardiology
- Teleradiology
- Telepsychiatry
- Teledermatology
- Others
Telemedicine Market Share (%) by Application in 2018-2030
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Telemedicine market report 2023 Edition by contacting our team.
Telemedicine Service Type Segment Analysis
Tele-consulting segment dominates the market of telemedicine
Tele-consulting type dominates in the telemedicine market and is projected to grow at highest CAGR during the forecast period as the usage of smart devices has increased for consulting with respective doctors. This service specially uses real-time video to hear and see each other during a real-time encounter. It is popular for general practice, emergency treatment, follow-up visits, medication adherence, and chronic disease management.
- Tele-consulting
- Tele-monitoring
- Tele-education/training
Telemedicine Delivery Type Segment Analysis
Cloud-based delivery segment is estimated to witness the fastest growth
Cloud computing provides customers with internet access to software programs that operate on pooled computer resources. A cloud-based telemedicine connects, digitizes, and combines many types of equipment to simplify treatment delivery. This enhances instant access to all of the patient's clinical information. Hence, cloud-based delivery segment is estimated to witness the fastest growth during the forecast period.
- On-premise
- Cloud-based
Market share for Telemedicine in North America is highest:
- Geographically, North America shows highest market share in telemedicine market and will grow significantly in coming years. This is attributed due to high adoption of digitalization in healthcare sector. Furthermore, geriatric population in the U.S. is surging which stimulates need for better analysis of health conditions to elderly patients. Changing lifestyle and obesity problems in North America is driving chronic illness. Hence, demand for telemedicine is continuously rising in North America.
- APAC is second highest region in telemedicine market as majority of countries in APAC region are entering into new era for technology-enabled healthcare delivery. COVID-19 pandemic was the primary catalyst for the adoption of telehealth platforms. One survey has founded that telehealth usage has been doubled since 2019. Hence, it has been estimated that Asia-Pacific consumers expect to increasingly use telehealth through 2024.
- However, Europe is showing highest growth in telemedicine market during the forecast period. During pandemic and social distancing, European countries were heavily relied on digital technologies to continue to provide essential health care services to patients. Thus, the technology has been beneficial in a series of chronic diseases in the WHO European Region.
Region-wise, the market is analyzed across: (In case you wish to acquire a specific region or any country data then please contact us)
- North America (United States, Canada, Mexico)
- Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Luxembourg, Netherlands, Switzerland, Belgium)
- Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
- South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
- Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)
Telemedicine Market Share (%) by Region (2018-2030)
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Key Developments:
- January 2023
Philips and Masimo has expanded partnership to improve telehealth for patients and clinicians around the world
Royal Philips and Masimo has announced an expansion of their partnership to augment patient monitoring capabilities in home telehealth applications with the Masimo W1 advanced health tracking watch. This product will integrate with Philips’s enterprise patient monitoring ecosystem to advance the forefront of telemonitoring and telehealth.
- October 2017
Medtronic had entered into a partnership American Well for combined telehealth and remote patient monitoring
Remote patient monitoring company Medtronic Care Management Services had entered into a partnership with telemedicine technology and services vendor American Well to enable a complete telehealth system focused on the unique needs of the complex, chronic, co-morbid patient population. This partnership is working together to enable patient access to American Well’s telemedicine services on Medtronic Care Management Services’ video-enabled platforms, and to allow bi-directional data flow between the two parties.
- October 2022
GE Healthcare and AMC Health has partnered in remote patient monitoring
GE Healthcare and AMC Health has announced a collaboration that allows clinicians to offer Remote Patient Monitoring (RPM) as a virtual care solution that extends patient care outside the hospital to the home environment.
- December 2020
Cerner Corporation has announced collaboration with Xealth to offer digital health solutions
Cerner Corporation has announced it’s building on the recent collaboration with Xealth to offer health systems new centralized digital ordering and monitoring for clients. These capabilities are designed to help health systems choose, manage and deploy digital tools and applications while offering clinicians access to remote monitoring and more direct engagement with patients.
- May 2021
HMI Group has collaborated with Siemens Healthineers in order to build telehealth and predictive analytics capabilities at scale
HMI Group which is a Southeast Asian private healthcare provider, has established a five-year partnership with German medical technology firm Siemens Healthineers. This strategic partnership has been intended to advance healthcare delivery by building telehealth and predictive analytics capabilities at scale.
Top Companies Market Share in Telemedicine Industry: (In no particular order of Rank)
- Amd Global Telemedicine
- Apollo Hospitals
- GE Healthcare
- Haemonetics
- Philips Healthcare
- Cloudvisit Telemedicine
- Maestros Telemedicine
- Medisoft Telemedicine
- Reach Health
- SnapMD Telemedicine Technology
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Telemedicine Market Report 2023 (Global Edition) Table of Content differs according to the user License selection. Current Displayed TOC is for the Single User License Report Edition. TOC Customization options: Add or Remove section/s Or chapter/s from the report. Specific section/s of report can be ordered at a discounted price. If applicable; On Request Volume Data will also be provided (at an Additional Cost).
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
- 1.1 Global Telemedicine Industry Introduction
- 1.2 Objectives of the Study
- 1.3 USP of the Report
- 1.4 Who is this report for?
- 1.5 Designing of Market Scope
- 1.5.1 Telemedicine Market Segmentation
- 1.5.1 Telemedicine Market Regional Fragmentation
- 1.5.1 Telemedicine Market Players
- 1.6 Report Duration
- 1.7 List of Stakeholders
- 2.1 Telemedicine Market Report 2023 Research Methodology
- 2.2 Systematic Research Approach
- 2.2.1 Primary Research
- 2.2.1.1 Key Data from Primary
- 2.2.1.2 Primary Interviews with Experts
- 2.2.1.3 Key Industry Insights
- 2.2.1.4 Questionnaire
At Cognitive Market Research, we have designed questionnaire focused on Telemedicine Market for the statistical study. This questionnaire is the key part of our research methodology which is shared with number of Telemedicine industry experts of entire value chain, located across the globe. This study help us to gather accurate quantitative and qualitative data for the final report.
- 2.2.1.5 Breakdown of Primaries
- 2.2.2 Secondary Research
- 2.2.2.1 Key Data from Secondary
- 2.2.2.2 Paid Sources
- 2.2.2.3 Public Sources
- 2.2.1 Primary Research
- 2.3 Market Size Estimation
- 2.3.1 Top-Down Approach
- 2.3.1.1 Analyzing Market Size by Top-Down Approach (Supply Side)
- 2.3.1 Bottom-UP Approach
- 2.3.1.1 Analyzing Market Size by Bottom-Up Approach (Demand Side)
- 2.3.1 Top-Down Approach
- 2.4 Market Breakdown and Data Triangulation
- 2.5 Research Assumptions
- 3.1 Global Telemedicine Market Size 2018 – 2030, (USD Million)
- 3.2 Global Telemedicine Value, Absolute & Opportunity Analysis
- 3.3 Global Telemedicine Market Y-o-Y Growth Rate Projection by Region (2023 - 2030)
- 3.4 Global Telemedicine Market Statistics 2022: Snapshot
- 4.1 Telemedicine Introduction
- 4.2 Global Telemedicine Market Statistics by Regions (2018-2030)
- 4.2.1 North America Telemedicine Market Share, Status and Prospect (2018 - 2030) and Value, Absolute & Opportunity Analysis
- 4.2.2 Europe Telemedicine Market Share, Status and Prospect (2018 - 2030) and Value, Absolute & Opportunity Analysis
- 4.2.3 Asia Pacific Telemedicine Market Share, Status and Prospect (2018 - 2030) and Value, Absolute & Opportunity Analysis
- 4.2.4 Latin America Telemedicine Market Share, Status and Prospect (2018 - 2030) and Value, Absolute & Opportunity Analysis
- 4.2.5 Middle East and Africa Telemedicine Market Share, Status and Prospect (2018 - 2030) and Value, Absolute & Opportunity Analysis
- 4.3 Global Telemedicine Market Size (2018-2030)
- 4.3.1 Global Telemedicine Revenue Status and Outlook (2018-2030)
- 4.4 Global Telemedicine Market Price Analysis by Regions (2018-2030)
- 5.1 Global Telemedicine Market Revenue and Share by Manufacturers (2018-2022)
- 5.2 Global Telemedicine Industry Mergers and Acquisition Analysis
- 5.3 Global Telemedicine New Launches Analysis
- 5.4 Company Categorization
- 5.5 Global Telemedicine Top Winning Strategies, by Manufacturers (2018-2022)
- 7.1 Telemedicine Industrial Dynamics
- 7.1.1 Global Telemedicine Market Drivers
- 7.1.2 Global Telemedicine Market Restrains
- 7.1.3 Global Telemedicine Market Opportunities
- 7.1.4 Global Telemedicine Market Trends
- 7.2 Telemedicine Market Attractiveness Analysis
- 7.1.1 Market Attractiveness Analysis by Type Segment
- 7.1.2 Market Attractiveness Analysis by Application Segment
- 7.3 PESTEL Analysis for Telemedicine Market
- 7.3.1 Political Factors
- 7.3.2 Economic Factors
- 7.3.3 Social Factors
- 7.3.4 Technological Factors
- 7.3.5 Legal Factors
- 7.3.6 Environmental Factors
- 7.4 Porter’s Five Forces Analysis for Telemedicine Market
- 7.4.1 Bargaining Power of Suppliers
- 7.4.2 Bargaining Power of Buyers
- 7.4.3 Threat of Substitutes
- 7.4.4 Threat of New Entrants
- 7.4.5 Degree of Competition
- 7.5 COVID-19 Impact on Telemedicine Industry
- 7.4.1 Overall Impact of COVID-19 on Telemedicine Industry
- 7.4.2 Post COVID-19 Impact and Recovery Analysis
- 7.4.3 Influencing Factors
- 7.6 Consumer Preference Analysis for Telemedicine Market
- 7.7 Patent Analysis of Telemedicine
- 7.8 Telemedicine Industrial Chain Analysis
- 7.9 Manufacturing Cost Analysis
- 8.1 Amd Global Telemedicine
- 8.1.1 Amd Global Telemedicine Company Basic Information, and Sales Area
- 8.1.2 Amd Global Telemedicine Business Segment/ Overview
- 8.1.3 Amd Global Telemedicine Financials
- 8.1.3.1 Investment in Research and Development
- 8.1.3.2 Amd Global Telemedicine Sales Revenue (2018-2022)
- 8.1.3.3 Amd Global Telemedicine Market Share (2018-2022)
- 8.1.4 Amd Global Telemedicine Recent Developments
- 8.1.5 Amd Global Telemedicine Business Strategy
- 8.1.6 Amd Global Telemedicine Management Change
- 8.1.7 Amd Global Telemedicine SWOT Analysis
- 8.1.7.1 Strength
- 8.1.7.2 Weakness
- 8.1.7.3 Opportunity
- 8.1.7.4 Threats
- 8.1.8 Amd Global Telemedicine COVID-19 Impact Analysis
- 8.2 Apollo Hospitals
- 8.2.1 Apollo Hospitals Company Basic Information, and Sales Area
- 8.2.2 Apollo Hospitals Business Segment/ Overview
- 8.2.3 Apollo Hospitals Financials
- 8.2.3.1 Investment in Research and Development
- 8.2.3.2 Apollo Hospitals Sales Revenue (2018-2022)
- 8.2.3.3 Apollo Hospitals Market Share (2018-2022)
- 8.2.4 Apollo Hospitals Recent Developments
- 8.2.5 Apollo Hospitals Business Strategy
- 8.2.6 Apollo Hospitals Management Change
- 8.2.7 Apollo Hospitals SWOT Analysis
- 8.2.7.1 Strength
- 8.2.7.2 Weakness
- 8.2.7.3 Opportunity
- 8.2.7.4 Threats
- 8.2.8 Apollo Hospitals COVID-19 Impact Analysis
- 8.3 GE Healthcare
- 8.3.1 GE Healthcare Company Basic Information, and Sales Area
- 8.3.2 GE Healthcare Business Segment/ Overview
- 8.3.3 GE Healthcare Financials
- 8.3.3.1 Investment in Research and Development
- 8.3.3.2 GE Healthcare Sales Revenue (2018-2022)
- 8.3.3.3 GE Healthcare Market Share (2018-2022)
- 8.3.4 GE Healthcare Recent Developments
- 8.3.5 GE Healthcare Business Strategy
- 8.3.6 GE Healthcare Management Change
- 8.3.7 GE Healthcare SWOT Analysis
- 8.3.7.1 Strength
- 8.3.7.2 Weakness
- 8.3.7.3 Opportunity
- 8.3.7.4 Threats
- 8.3.8 GE Healthcare COVID-19 Impact Analysis
- 8.4 Haemonetics
- 8.4.1 Haemonetics Company Basic Information, and Sales Area
- 8.4.2 Haemonetics Business Segment/ Overview
- 8.4.3 Haemonetics Financials
- 8.4.3.1 Investment in Research and Development
- 8.4.3.2 Haemonetics Sales Revenue (2018-2022)
- 8.4.3.3 Haemonetics Market Share (2018-2022)
- 8.4.4 Haemonetics Recent Developments
- 8.4.5 Haemonetics Business Strategy
- 8.4.6 Haemonetics Management Change
- 8.4.7 Haemonetics SWOT Analysis
- 8.4.7.1 Strength
- 8.4.7.2 Weakness
- 8.4.7.3 Opportunity
- 8.4.7.4 Threats
- 8.4.8 Haemonetics COVID-19 Impact Analysis
- 8.5 Philips Healthcare
- 8.5.1 Philips Healthcare Company Basic Information, and Sales Area
- 8.5.2 Philips Healthcare Business Segment/ Overview
- 8.5.3 Philips Healthcare Financials
- 8.5.3.1 Investment in Research and Development
- 8.5.3.2 Philips Healthcare Sales Revenue (2018-2022)
- 8.5.3.3 Philips Healthcare Market Share (2018-2022)
- 8.5.4 Philips Healthcare Recent Developments
- 8.5.5 Philips Healthcare Business Strategy
- 8.5.6 Philips Healthcare Management Change
- 8.5.7 Philips Healthcare SWOT Analysis
- 8.5.7.1 Strength
- 8.5.7.2 Weakness
- 8.5.7.3 Opportunity
- 8.5.7.4 Threats
- 8.5.8 Philips Healthcare COVID-19 Impact Analysis
- 8.6 Cloudvisit Telemedicine
- 8.6.1 Cloudvisit Telemedicine Company Basic Information, and Sales Area
- 8.6.2 Cloudvisit Telemedicine Business Segment/ Overview
- 8.6.3 Cloudvisit Telemedicine Financials
- 8.6.3.1 Investment in Research and Development
- 8.6.3.2 Cloudvisit Telemedicine Sales Revenue (2018-2022)
- 8.6.3.3 Cloudvisit Telemedicine Market Share (2018-2022)
- 8.6.4 Cloudvisit Telemedicine Recent Developments
- 8.6.5 Cloudvisit Telemedicine Business Strategy
- 8.6.6 Cloudvisit Telemedicine Management Change
- 8.6.7 Cloudvisit Telemedicine SWOT Analysis
- 8.6.7.1 Strength
- 8.6.7.2 Weakness
- 8.6.7.3 Opportunity
- 8.6.7.4 Threats
- 8.6.8 Cloudvisit Telemedicine COVID-19 Impact Analysis
- 8.7 Maestros Telemedicine
- 8.7.1 Maestros Telemedicine Company Basic Information, and Sales Area
- 8.7.2 Maestros Telemedicine Business Segment/ Overview
- 8.7.3 Maestros Telemedicine Financials
- 8.7.3.1 Investment in Research and Development
- 8.7.3.2 Maestros Telemedicine Sales Revenue (2018-2022)
- 8.7.3.3 Maestros Telemedicine Market Share (2018-2022)
- 8.7.4 Maestros Telemedicine Recent Developments
- 8.7.5 Maestros Telemedicine Business Strategy
- 8.7.6 Maestros Telemedicine Management Change
- 8.7.7 Maestros Telemedicine SWOT Analysis
- 8.7.7.1 Strength
- 8.7.7.2 Weakness
- 8.7.7.3 Opportunity
- 8.7.7.4 Threats
- 8.7.8 Maestros Telemedicine COVID-19 Impact Analysis
- 8.8 Medisoft Telemedicine
- 8.8.1 Medisoft Telemedicine Company Basic Information, and Sales Area
- 8.8.2 Medisoft Telemedicine Business Segment/ Overview
- 8.8.3 Medisoft Telemedicine Financials
- 8.8.3.1 Investment in Research and Development
- 8.8.3.2 Medisoft Telemedicine Sales Revenue (2018-2022)
- 8.8.3.3 Medisoft Telemedicine Market Share (2018-2022)
- 8.8.4 Medisoft Telemedicine Recent Developments
- 8.8.5 Medisoft Telemedicine Business Strategy
- 8.8.6 Medisoft Telemedicine Management Change
- 8.8.7 Medisoft Telemedicine SWOT Analysis
- 8.8.7.1 Strength
- 8.8.7.2 Weakness
- 8.8.7.3 Opportunity
- 8.8.7.4 Threats
- 8.8.8 Medisoft Telemedicine COVID-19 Impact Analysis
- 8.9 Reach Health
- 8.9.1 Reach Health Company Basic Information, and Sales Area
- 8.9.2 Reach Health Business Segment/ Overview
- 8.9.3 Reach Health Financials
- 8.9.3.1 Investment in Research and Development
- 8.9.3.2 Reach Health Sales Revenue (2018-2022)
- 8.9.3.3 Reach Health Market Share (2018-2022)
- 8.9.4 Reach Health Recent Developments
- 8.9.5 Reach Health Business Strategy
- 8.9.6 Reach Health Management Change
- 8.9.7 Reach Health SWOT Analysis
- 8.9.7.1 Strength
- 8.9.7.2 Weakness
- 8.9.7.3 Opportunity
- 8.9.7.4 Threats
- 8.9.8 Reach Health COVID-19 Impact Analysis
- 8.10 SnapMD Telemedicine Technology
- 8.10.1 SnapMD Telemedicine Technology Company Basic Information, and Sales Area
- 8.10.2 SnapMD Telemedicine Technology Business Segment/ Overview
- 8.10.3 SnapMD Telemedicine Technology Financials
- 8.10.3.1 Investment in Research and Development
- 8.10.3.2 SnapMD Telemedicine Technology Sales Revenue (2018-2022)
- 8.10.3.3 SnapMD Telemedicine Technology Market Share (2018-2022)
- 8.10.4 SnapMD Telemedicine Technology Recent Developments
- 8.10.5 SnapMD Telemedicine Technology Business Strategy
- 8.10.6 SnapMD Telemedicine Technology Management Change
- 8.10.7 SnapMD Telemedicine Technology SWOT Analysis
- 8.10.7.1 Strength
- 8.10.7.2 Weakness
- 8.10.7.3 Opportunity
- 8.10.7.4 Threats
- 8.10.8 SnapMD Telemedicine Technology COVID-19 Impact Analysis
- 9.1 Detailed Qualitative Analysis
- 9.2 Global Telemedicine Revenue and Share (%) by Component (2018-2030)
- 9.2.1 Software & Services Market Size
- 9.2.1.1 Global Software & Services Market Share and Revenue (USD Million) for 2018-2030
- 9.2.1.2 Telemedicine Market for Software & Services, by Country (2021 Vs 2024)
- 9.2.2 Hardware Market Size
- 9.2.2.1 Global Hardware Market Share and Revenue (USD Million) for 2018-2030
- 9.2.2.2 Telemedicine Market for Hardware, by Country (2021 Vs 2024)
- 9.2.1 Software & Services Market Size
- 10.1 Detailed Qualitative Analysis
- 10.2 Global Telemedicine Revenue and Share (%) by Application (2018-2030)
- 10.2.1 Telepathology Market Size
- 10.2.1.1 Global Telepathology Market Share and Revenue (USD Million) for 2018-2030
- 10.2.1.2 Telemedicine Market for Telepathology, by Country (2021 Vs 2024)
- 10.2.2 Telecardiology Market Size
- 10.2.2.1 Global Telecardiology Market Share and Revenue (USD Million) for 2018-2030
- 10.2.2.2 Telemedicine Market for Telecardiology, by Country (2021 Vs 2024)
- 10.2.3 Teleradiology Market Size
- 10.2.3.1 Global Teleradiology Market Share and Revenue (USD Million) for 2018-2030
- 10.2.3.2 Telemedicine Market for Teleradiology, by Country (2021 Vs 2024)
- 10.2.4 Telepsychiatry Market Size
- 10.2.4.1 Global Telepsychiatry Market Share and Revenue (USD Million) for 2018-2030
- 10.2.4.2 Telemedicine Market for Telepsychiatry, by Country (2021 Vs 2024)
- 10.2.5 Teledermatology Market Size
- 10.2.5.1 Global Teledermatology Market Share and Revenue (USD Million) for 2018-2030
- 10.2.5.2 Telemedicine Market for Teledermatology, by Country (2021 Vs 2024)
- 10.2.6 Others Market Size
- 10.2.6.1 Global Others Market Share and Revenue (USD Million) for 2018-2030
- 10.2.6.2 Telemedicine Market for Others, by Country (2021 Vs 2024)
- 10.2.1 Telepathology Market Size
- 11.1 Detailed Qualitative Analysis
- 11.2 Global Telemedicine Revenue and Share (%) by Service Type (2018-2030)
- 11.2.1 Tele-consulting Market Size
- 11.2.1.1 Global Tele-consulting Market Share and Revenue (USD Million) for 2018-2030
- 11.2.1.2 Telemedicine Market for Tele-consulting, by Country (2021 Vs 2024)
- 11.2.2 Tele-monitoring Market Size
- 11.2.2.1 Global Tele-monitoring Market Share and Revenue (USD Million) for 2018-2030
- 11.2.2.2 Telemedicine Market for Tele-monitoring, by Country (2021 Vs 2024)
- 11.2.3 Tele-education/training Market Size
- 11.2.3.1 Global Tele-education/training Market Share and Revenue (USD Million) for 2018-2030
- 11.2.3.2 Telemedicine Market for Tele-education/training, by Country (2021 Vs 2024)
- 11.2.1 Tele-consulting Market Size
- 12.1 Detailed Qualitative Analysis
- 12.2 Global Telemedicine Revenue and Share (%) by Delivery Type (2018-2030)
- 12.2.1 On-premise Market Size
- 12.2.1.1 Global On-premise Market Share and Revenue (USD Million) for 2018-2030
- 12.2.1.2 Telemedicine Market for On-premise, by Country (2021 Vs 2024)
- 12.2.2 Cloud-based Market Size
- 12.2.2.1 Global Cloud-based Market Share and Revenue (USD Million) for 2018-2030
- 12.2.2.2 Telemedicine Market for Cloud-based, by Country (2021 Vs 2024)
- 12.2.1 On-premise Market Size
- 13.1 Detailed Qualitative Analysis
- 13.2 Global Telemedicine Market Revenue by Region (2018-2030)
- 13.2 Global Telemedicine Market Share (%) by Region (2018-2030)
- 14.1 North America
- 14.1.1 North America Telemedicine Market by Country, 2018-2030
- 14.1.2 North America Telemedicine Market Attractiveness Analysis by Country
- 14.1.3 North America Telemedicine Market Y-o-Y Growth Projection by Country (2023-2030)
- 14.2 North America Telemedicine Market Size (2018-2030)
- 14.2.1 North America Telemedicine Market Share and Revenue (USD Million) by Type (2018-2030)
- 14.2.2 North America Telemedicine Market Share and Revenue (USD Million) by Application (2018-2030)
- 15.1 Europe
- 15.1.1 Europe Telemedicine Market by Country, 2018-2030
- 15.1.2 Europe Telemedicine Market Attractiveness Analysis by Country
- 15.1.3 Europe Telemedicine Market Y-o-Y Growth Projection by Country (2023-2030)
- 15.2 Europe Telemedicine Market Size (2018-2030)
- 15.2.1 Europe Telemedicine Market Share and Revenue (USD Million) by Type (2018-2030)
- 15.2.2 Europe Telemedicine Market Share and Revenue (USD Million) by Application (2018-2030)
- 16.1 Asia Pacific
- 16.1.1 Asia Pacific Telemedicine Market by Country, 2018-2030
- 16.1.2 Asia Pacific Telemedicine Market Attractiveness Analysis by Country
- 16.1.3 Asia Pacific Telemedicine Market Y-o-Y Growth Projection by Country (2023-2030)
- 16.2 Asia Pacific Telemedicine Market Size (2018-2030)
- 16.2.1 Asia Pacific Telemedicine Market Share and Revenue (USD Million) by Type (2018-2030)
- 16.2.2 Asia Pacific Telemedicine Market Share and Revenue (USD Million) by Application (2018-2030)
- 17.1 Latin America
- 17.1.1 Latin America Telemedicine Market by Country, 2018-2030
- 17.1.2 Latin America Telemedicine Market Attractiveness Analysis by Country
- 17.1.3 Latin America Telemedicine Market Y-o-Y Growth Projection by Country (2023-2030)
- 17.2 Latin America Telemedicine Market Size (2018-2030)
- 17.2.1 Latin America Telemedicine Market Share and Revenue (USD Million) by Type (2018-2030)
- 17.2.2 Latin America Telemedicine Market Share and Revenue (USD Million) by Application (2018-2030)
- 18.1 Middle East and Africa
- 18.1.1 Middle East and Africa Telemedicine Market by Country, 2018-2030
- 18.1.2 Middle East and Africa Telemedicine Market Attractiveness Analysis by Country
- 18.1.3 Middle East and Africa Telemedicine Market Y-o-Y Growth Projection by Country (2023-2030)
- 18.2 Middle East and Africa Telemedicine Market Size (2018-2030)
- 18.2.1 Middle East and Africa Telemedicine Market Share and Revenue (USD Million) by Type (2018-2030)
- 18.2.2 Middle East and Africa Telemedicine Market Share and Revenue (USD Million) by Application (2018-2030)
- 19.1 Key Takeaways
- 19.2 Analyst Point of View
| Segmentation Level Customization | |
| Global level Data Customization | |
| Region level Data Customization | |
| Country level Data Customization | |
| Company Level | |
| Additional Data Analysis | |
| Additional Qualitative Data | |
| Additional Quantitative Data | |
| Service Level Customization | Report Format Alteration |
We have various report editions of Telemedicine Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
Author's Conclusion
Author's Conclusion
- Software & Services was the largest segment with 71.25% share of total revenue generated in 2022.
- In terms of revenue, On-premise was the leading segment with 56.14% share of total Telemedicine market.
- In terms of revenue, Telecardiology was the leading segment with 24.08% share of total Telemedicine market.
- In terms of revenue, The Tele-consulting was the leading segment with 49.15% share of total Telemedicine market.
- North America was the dominated region with 35.10% of total revenue market share in 2021.
The Global Telemedicine Market is witnessing significant growth in the near future.
In 2022, the Software & Services segment accounted for noticeable share of global Telemedicine Market and is projected to experience significant growth in the near future.
The Telepathology segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Amd Global Telemedicine, GE Healthcare and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Author's Detail
Supriya R Ghadge,
Senior Research Analyst at Cognitive Market Research
I am working as a Senior Research Analyst, mainly involved in conducting market research in the Information and Communication, and Technology domain. Skilled in Secondary Research, Primary Research, Data Analytics Research approaches with extensive experience providing first-class results. Highly focused, have analytical skills, and synergetic with positive energizers. Meets job demands and deadlines through diligent work-ethic and dedication to quality. Works with clients to determine requirements and provide excellent service.
Key Questions Answered By Telemedicine Market Report 2023
| Why Software & Services have a significant impact on Telemedicine market? |
| What are the key factors affecting the Software & Services and Hardware of Telemedicine Market? |
| What is the CAGR/Growth Rate of Telepathology during the forecast period? |
| By type, which segment accounted for largest share of the global Telemedicine Market? |
| Which region is expected to dominate the global Telemedicine Market within the forecast period? |
Frequently Asked Questions (FAQs)
Growing adoption of smart devices coupled with rising internet connectivity is driving the growth of telemedicine market
North America is dominating the Telemedicine market followed by APAC.
Study involved in-depth qualitative and quantitative analyses of the market. Moreover, research study involves the use of secondary sources and databases such as key companies’ annual reports, paid & public database, Bloomberg, and Factiva to identify and collect information useful for a technical and market-oriented study of the global telemedicine market. market value evaluation is done by using top-down as well as bottom-up analysis.
Yes, the report includes a COVID-19 impact analysis.
The report has been analyzed from year 2017 to 2029 in which
- 2017-2021: Historic Period
- 2022: Base Year
- 2023-2029: Forecast Period
What is included in the Telemedicine Market Report Access?
- Measures to Explore Untapped Market
- Understanding Market Dynamics
- Understanding Changing Economics
- Competitors Market Share
- Global/Region/Country Level Analysis
- Identify Upcoming End Use Industries
- Global Price Trend Analysis
- Value Chain Analysis
- Customer Sentiment/Need Analysis
- Identification of Key Growth Segments
- Industry Upstream and Downstream Analysis
- Raw Material Sourcing and Cost Analysis
- Identify Key Customers Across Globe
- Concept Development and Market Testing
- Merger-Acquisition Strategy
Reasons to Purchase the Telemedicine Market Report 2023 (Global Edition)?
- The research study and report are been made exclusively for an institution or person who is strategizing to build a business or strategically wants to expand certain portfolio.
- This report will help in analyzing complete market scenario across the globe who wish to expand their current business or is willing to invest in some profitable sector.
- This report will prove beneficial for person or an organization who wish to be updated regarding their business environment, consumers’ behaviour, and their requirements. The environment is constantly changing, and in such scenario, this report will help in understanding market parameters through 360-degree view.
- The report is thus ideal for KOL, CEO's, CFO's, directors, and others. It is also helpful to senior executives, business development managers, marketing managers, and consultants. Furthermore, government bodies, agencies and other kind of organizations can also leverage our report to understand market.
Objective of Publishing Telemedicine Market Report 2023
- Our objective for the Telemedicine market is to help in making imperative business decisions, securing investments, determining new business opportunities in the market. Further, the report helps to analyze overall marketing needs of customers, and avoid business failures.
- To know the potential market size and growth rate before launching a new product line. The report in a way helps in designing R&D budget wisely by estimating maximum total profit.
- To identify the Telemedicine market dynamics, industrial insights, and economic progression for critical information about the market conditions and specific business landscape.
- To assess the overall competitive landscape of a particular business sector and to provide complete analysis in regards with various external factors impacting the market growth.
- To create a strong foundation for building a strategy and foster insight into market conditions so that market players can make better business decisions. Besides, we aim to provide a complete portfolio of the major players involved the market.
- To define the scope which will further help in creating new products that will surpass the gap between current offerings and customers’ needs.
- To help in revealing significant clues concerning buying habits, regional culture, lifestyle, and population density that plays an integral role in shaping market behavior.
- To strategically analyze micro markets with respect to individual growth trends, prospects, and contributions to the total market.
USPs and Service Differentiators
- We not only provide the Revenue (USD) data but also volume/consumption data which helps clients track the market on a granular level.
- Our manufacturer's analysis provides data from the supplier-side covering key details such as market share split among 1st-tier, 2nd-tier and 3rd-tier emerging players. SWOT Analysis will be part of the deliverable for each competitor.
- We not only provide market revenue share for Public listed companies but also the private listed companies.
- We not only deliver the requested report/data but also provide unlimited time period data support and provide you a dedicated research analyst from the start of the service.
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- Report delivers accuracy close to 90-95% with the help of our in-house research team, freelancer and industry expert worldwide network, sources and research methodology.
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