Virtual care is defined as virtual interaction or visit between patient and hospitals or clinics via communication technology. The communication technology can be video or audio connectivity that enables virtual meetings to happen in real time. Virtual care enables patients and doctors and patients to interact with each other from any location across the globe in real-time. The various advantages associated with virtual care are real-time interaction, eliminates geographical barrier, reduces cost & time, and others. Virtual care has significant application in disease management which requires constant follow-ups.
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The Prominent/Emerging Players in the Virtual Care Market Research include:
AMD Global Telemedicine, Inc.
GENERAL ELECTRIC COMPANY
Koninklijke Philips N.V.
United HealthCare Services, Inc.
The global virtual care market is segmented on the basis of consultation type and end-user. Based on consultation type, the market is segmented as video consultation, audio consultation, and kiosks. On the basis of end-user the market is segmented as hospitals, pharmacy, individuals, and other medical service providers.
Overall company/segment revenue for the year 2019, 2018, and 2017 is provided in the sub title “Financial Performance” (public listed companies) along with the analysis and explanation of the increase or decrease in the same due to factors such as mergers & acquisition, profit or loss in any strategic business unit (SBUs) and others.
Product benchmarking comprises the comprehensive list of products pertaining to the respective market along with the application and key features.
Insights pertaining to the new product launch, strategic collaboration, mergers and acquisition, regulatory approval, and other developments by the company in market are covered under strategic initiatives section.
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