Worldwide Telemedicine Industry (2020 to 2025) - Impact of COVID-19 - ResearchAndMarkets.com

DUBLIN--()--The "Telemedicine Market by Technology, Deployment, Therapeutic Type, and Application 2020 - 2025" report has been added to ResearchAndMarkets.com's offering.

This research evaluates the telemedicine market including technologies, solutions, applications, and services. This includes analysis of major players, strategies, and solutions. The report assesses the means of deployment, device, and therapeutic types by solution. The report also analyzes market opportunities by hardware, software, and services by region. This includes forecasts for each major component from 2020 to 2025.

Telemedicine refers to the provision of healthcare services to the people at a distance using software solutions and telecommunication technology. It connects patients with doctors or physicians or other healthcare providers commonly used by hospitals, clinics, and telemedicine service providers. Advanced wireless and networking technologies, coupled with recent advances in biotechnology, biosensors, and software engineering, have enabled promising growth in telemedicine healthcare ecosystems.

Expert medical care delivered via telemedicine can significantly improve healthcare services for rural areas, remote locations, and underdeveloped nations. For the developed nations, telemedicine is increasingly gaining popularity due to its high potential for cost savings, healthcare availability, and increased efficiency in healthcare service delivery. As the recent COVID-19 pandemic has made abundantly clear, uninterrupted access to healthcare services is a critical need for society.

There is also a crucial need to reduce ever-expanding societal healthcare costs. This is particularly the case for the aging population in developed countries. For example, a couple in the United States that plans to retire in 10 years can expect to pay over $300,000 during retirement on healthcare (an amount equaling about 90% of their lifetime Social Security benefits).

By 2050, the global population is anticipated to reach nearly 10 billion. One in six of those people will be over age 65 with 426 million aged 80 years or over. The 65+ year old age bracket is the fastest-growing segment, which correlates with steady growth in life expectancy worldwide. In 1960, the average UK citizen would live until about 70, but now 80 years old is the expected age of death. The United States has similar numbers. However, life expectancy in China has dramatically increased from mid-forties in 1960 to mid-seventies today.

Select Report Findings:

  • The overall telemedicine market poised to approach $200 billion by 2025
  • Teleconsultation will be one of the fastest-growing telemedicine solution areas
  • COVID-19 pandemic is driving further investment, but the ageing population is the biggest factor
  • Web-based apps and services are growing 40% faster than proprietary client-based solutions
  • China is a highly promising market due to the very large and fast-growing elderly population in cities

Report Benefits:

  • Telemedicine forecasts from 2020 to 2025 globally, regionally and by solution
  • Understand the most important factors driving growth for the telemedicine market
  • Identify the promising application, service, and solution opportunities by world region
  • Identify the strategies, solutions, products, and services for major telemedicine vendors

Key Topics Covered:

1. Executive Summary

2. Introduction

2.1 Telemedicine

2.2 Telehealth and Education

2.3 Telemedicine Policy and Regulation

2.4 US State Action

2.5 COVID 19 Impact and Govt. Aid

2.6 Market Drivers and Challenges

2.7 Value Chain Analysis

3. Technology and Application Analysis

3.1 Telemedicine Hardware Analysis

3.2 Telemedicine Equipment Analysis

3.3 Telemedicine Software Analysis

3.4 Telemedicine Application Analysis

3.5 Telemedicine Application in Industry Vertical

3.6 Telemedicine Prospect in Region

3.7 Telemedicine Software Solution Design

3.8 Web Based vs. Cloud Based Telemedicine

3.9 Telemedicine Business Model and Cost Framework

3.10 Industry Use Case Analysis

3.11 Telecommunication Networking and Market Opportunity

3.12 Telemedicine Infrastructure Security and Market Opportunity

3.13 Artificial Intelligence and Market Opportunity in Telemedicine

3.14 Telemedicine Data Analytics and Market Opportunity

3.15 Multi-Access Edge Computing and 5G Network

3.16 IoHT and Wearable System

4. Company Analysis

4.1 2nd.MD

4.2 Sonova Group (Advanced Bionics)

4.3 Aerotel Medical Systems

4.4 Allscripts Healthcare Solutions

4.5 AMD Global Telemedicine

4.6 American Well

4.7 Apollo Hospital

4.8 Medtronic

4.9 CISCO Systems

4.10 Cloudvisit

4.11 Cochlear

4.12 Doctor on Demand

4.13 Encounter Telepsychiatry

4.14 F. Hoffmann-La Roche

4.15 GE Healthcare

4.16 GlobalMed

4.17 Haemonetics

4.18 Nurotron Biotechnology

4.19 Honeywell

4.20 InTouch Technologies

4.21 BioTelemetry (LifeWatch AG)

4.22 Teladoc Health

4.23 Maestros Telemedicine

4.24 McKesson Corporation

4.25 MED-EL Medical Electronics

4.26 Medisoft Telemedicine

4.27 MEDLIVE

4.28 Oticon (Demant)

4.29 Philips Healthcare

4.30 Reach Healthcare Foundation

4.31 SnapMD Telemedicine

4.32 Telemedicine Inc.

5. Market Analysis and Forecast 2020 - 2025

5.1 Global Telemedicine Market 2020 - 2025

5.2 Regional Telemedicine Market 2020 - 2025

5.2.1 Telemedicine Market by Region

5.2.2 North America Telemedicine Market 2020 - 2025

5.2.3 Europe Telemedicine Market 2020 - 2025

5.2.4 Asia Pacific Telemedicine Market 2020 - 2025

5.2.5 Latin America Telemedicine Market 2020 - 2025

5.2.6 MEA Telemedicine Market 2020 - 2025

6. Conclusions and Recommendations

For more information about this report visit https://www.researchandmarkets.com/r/37eykf

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900