News

Telemedicine Market Emerging Players May Yields New Opportunities | Teladoc Health, Cerner Corporation, Cisco Systems, Inc.

The telemedicine market was valued at US$ 51,094.75 million in 2020 and is projected to reach US$ 199,544.64 million by 2028; it is expected to grow at a CAGR of 18.6% during 2021–2028.

The rising incidence of chronic diseases is a global concern, and these diseases cause extra financial burden on healthcare sectors. Telehomecare is a pioneering way to provide care, monitor patients, and transmit information by using latest telecommunication technologies. Monitoring allows early-stage identification of disease, thus preventing chronic disease conditions. Telehome systems can be used to track and support patients with a variety of respiratory and chronic conditions that can be treated without the need of hospital visits. Furthermore, telehome services could also help reduce communications in person and lower the spread of communicable diseases.

Get a sample report of the Telemedicine Market Report https://www.theinsightpartners.com/sample/TIPRE00018287/

(* Please let us know if you have special requirements. We will provide the report as needed. )

Some of the companies competing in the Telemedicine market are

Allscripts Healthcare Solutions, Inc.
Amd Global Telemedicine, Inc.
American Well Corporation
Biotelemetry, Inc. (Philips)
Teladoc Health
Cerner Corporation
Cisco Systems, Inc.
Eagle Telemedicine Solutions Llc
Insight
Koninklijke Philips N.V
McKesson Corporation
Honeywell International, Inc.
Insight
Mckesson Corporation

By Product and Services

Software and Hardware
Tele-Consulting
Tele-Monitoring
Tele-Education/Training

By Type

Telehospital
Telehome

By Speciality

Cardiology
Gynecology
Neurology
Orthopedics
Dermatology
Mental Health
Others

The implementation of telehome services also benefits patients economically and lowers the burden on physicians. According to the World Health Organization (WHO), chronic diseases are the leading causes of death worldwide, accounting for 60% of total deaths. Among all chronic diseases, cardiovascular diseases (CVDs) are the leading cause of deaths. The prevalence of chronic diseases such as cancer, CVDs, stroke, respiratory diseases, and diabetes is increasing due to alterations in lifestyle and lack of access to preventive care. The causes of chronic diseases may vary from genetic disposition to environmental factors and oxidative stress. The rising incidence of these chronic diseases is propelling the demand and adoption of telemedicine platforms.

Regional / Country Telemedicine Market: North America, Europe, Asia Pacific, Middle East and Africa, Latin America

The research provides answers to the following key questions:

1. What is the estimated growth rate of the market for the forecast period 2021–2028? What will be the market size during the estimated period?
2. What are the key driving forces responsible for shaping the fate of the Telemedicine market during the forecast period?
3. Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Telemedicine market?
4. What are the prominent market trends influencing the development of the Telemedicine market across different regions?
5. What are the major threats and challenges likely to act as a barrier in the growth of the Telemedicine market?
6. What are the major opportunities the market leaders can rely on to gain success and profitability?

Interested in purchasing this report? Click here @ https://www.theinsightpartners.com/buy/TIPRE00018287/

Thank you for reading this release. You can also customize this report to get coverage for selected chapters and regions in regions such as Asia, North America, and Europe.

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

Contact Us:

Call: +1-646-491-9876
Email: sales@theinsightpartners.com

Prashant Tambe
Prashant Tambe
An expert in SEO, Prashant carries an experience of over five years in the industry. He has the ability to analyze global industry trends that helps the leaders to make smarter decisions. An electrical, electronics and communication engineer, Prashant is able to predict future trends as they are changing fast with technological development.