FEATURED COMPANIES
- AliveCor Inc.
- Cardiologs Technologies
- Healthy.io Ltd.
- Hill-Rom Holdings, Inc.
- Medtronic Plc
- Phelcom Technologies
Key Questions Answered in the Report:
- What are the key features of virtual diagnostics and what are the different technologies of virtual diagnostics offered in the market?
- What are the major market drivers, restraints, and opportunities in the global virtual diagnostics market?
- What are the expected regional and global scenarios of the virtual diagnostics market, and the growth potential of each country in various regions?
- What are the key development strategies being implemented by the key players in this market?
- What are the key regulations governing the manufacturing and commercialization of various products in the global virtual diagnostics market?
- What is the expected growth of the virtual diagnostics market in the forecast period 2019-2030?
- What are the leading companies dominating the global virtual diagnostics market?
- How are the key players of the virtual diagnostics market expected to grow in the forecast period?
- What was the market value of the leading segments of the global virtual diagnostics market in 2018?
- How is each segment of the global virtual diagnostics market expected to grow during the forecast period, and what is the estimated revenue generation by each of the segments by the end of 2030?
- Which region is expected to contribute the highest sales in the global virtual diagnostics market during the forecast period?
The global virtual diagnostics market industry analysis projects the market to grow at a significant CAGR of 15.52% during the forecast period, 2019-2030. The global virtual diagnostics market generated $425.6 million in revenue in 2018, in terms of value.
The market growth in the global virtual diagnostics market can primarily be attributed to factors such as increasing rising awareness for early disease diagnosis and increasing demand for accessible and affordable diagnostics. However, there are significant challenges that are restraining the market growth. These challenges include low accuracy within the virtual diagnosis and increasing privacy concerns among the people worldwide.
Expert Quote
“The technological breakthroughs in artificial intelligence and machine learning technologies along with high adoption rate of smartphones within various regions of the world have paved a way for the growth of global virtual diagnostics market in the forecast period of 2019-2030”
Scope of the Market Intelligence on Global Virtual Diagnostics Market
The research report on the global virtual diagnostics market provides a holistic view of the market in terms of various factors influencing it, including regulatory reforms and technological advancements.
The scope of this report is centered upon conducting a detailed study of the products and manufacturers allied with the global virtual diagnostics market. In addition, the study also includes exhaustive information on the unmet needs, perception of the new products, competitive landscape, market share of leading manufacturers, the growth potential of each underlying segment, and company, as well as other vital information with respect to global virtual diagnostics market.
Market Segmentation
- The global virtual diagnostics market is segmented on the basis of the type of diagnosis, into Gastrointestinal, Cardiology, Pathology, Ophthalmology, and others.
- The global virtual diagnostics market is further segmented by end-user into hospitals, specialty clinics, and ambulatory centers and others.
- The global virtual diagnostics market on the basis of region is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa. The potential of the market with respect to different countries within these regions has also been provided.
Key Companies in the Global Virtual Diagnostics Market
The key manufacturers who have been contributing significantly to the global virtual diagnostics market include Uber Diagnostics, CapsoVision Inc., Cardiologs Technologies, Healthy.io Ltd, IDx Technologies Inc., Monitored Therapeutics, Inc., Olympus Corporation, Phelcom Technologies, Sight Diagnostics, Medtronic Plc, hearX IP (Pty) Ltd, AliveCor, Inc., ResApp Health Limited, and SkinVision among others.
Enterprise License customers will receive an Excel spreadsheet containing additional data.
FEATURED COMPANIES
- AliveCor Inc.
- Cardiologs Technologies
- Healthy.io Ltd.
- Hill-Rom Holdings, Inc.
- Medtronic Plc
- Phelcom Technologies
Executive Summary1 Product Definition
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FEATURED COMPANIES
- AliveCor Inc.
- Cardiologs Technologies
- Healthy.io Ltd.
- Hill-Rom Holdings, Inc.
- Medtronic Plc
- Phelcom Technologies
Globally, the healthcare system is facing the challenge and burden of limited facilities for diagnosis, unevenly distributed in various regions of the world along with low accuracy of diagnosis being performed pertaining to human error. To tackle such issues, the researchers have come across cloud and mobile technologies for performing automated medical diagnoses. Such technologies can be made available in every part of the world with the help of the internet and can thus improve coverage and reduce the cost of diagnosis.
The factors such as the rising diagnostic expenditures, poor health conditions, lack of physicians, and medical staff, and the increasing incidences of chronic health conditions have driven the virtual diagnostics market. Attributed to this, leading manufacturers in the market have developed artificial intelligence and machine learning based-tools, which are often incorporated in the smartphones and platforms that are used to mimic human cognitive behaviors and to analyze the complex medical data available from the healthcare settings. To meet the demand for such products, numerous established, as well as emerging companies, are venturing into the virtual diagnostics market in order to earn huge profits and to make the maximum use of technologies such as AI and machine learning to incorporate important advances in the field of diagnostics.
According to the market intelligence report, titled 'Global Virtual Diagnostics Market - Analysis and Forecast, 2019-2030', the global virtual diagnostics market was valued at $425.6 million in 2018 and is projected to grow at a CAGR of 15.52% during the forecast period from 2019 to 2030.
- AliveCor Inc.
- Cardiologs Technologies
- CapsoVision, Inc.
- Eyenuk, Inc.
- Healthy.io Ltd.
- hearX IP (Pty) Ltd.
- Hill-Rom Holdings, Inc.
- IDx Technologies Inc.
- Medtronic Plc
- Monitored Therapeutics Inc.
- Olympus Corporation
- Phelcom Technologies
- ResApp Health Limited
- Sight Diagnostics
- SkinVision
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