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Global Markets for Telemedicine Technologies

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    Report

  • 129 Pages
  • August 2022
  • Region: Global
  • BCC Research
  • ID: 5157179

The scope of this report is broad and covers the components available in the telemedicine market and potential end-user applications. Revenue forecasts from 2022 to 2027 are given for components, applications and end-users with estimated value derived from the revenues of manufacturers.

The report also includes a discussion on the major players in each regional telemedicine market. Further, it explains major drivers and regional dynamics of the global telemedicine market. The report concludes with a look at the vendor landscape and includes detailed profiles of major vendors in the global telemedicine market.

Report Includes

  • 47 data tables and 44 additional tables
  • An up-to-date review and analysis of the global markets for telemedicine technologies
  • Analyses of the global market trends, with historic market revenue (sales data) from 2019 to 2021, estimates for 2022, and projections of compound annual growth rates (CAGRs) through 2027
  • Highlights of the current and future market potential for telemedicine technologies, and areas to forecast this market into various segments and sub-segments
  • Estimation of the actual market size (value based) for global telemedicine market in USD million terms, market forecast, and corresponding market share analysis by business segment (component), application, end user, and geographic region
  • Market assessment of the telemedicine products and technologies currently available, new developments, spending trends, and revenue prospects for this innovation driven market
  • Discussion of the telemedicine industry value chain analysis providing a systematic study of the key intermediaries involved, which could further assist stakeholders in formulating appropriate strategies
  • Updated information on key developments, mergers and acquisitions (M&A) activities, collaborations, joint ventures and partnerships in the telemedicine industry.
  • Identification of the major stakeholders and analysis of the competitive landscape based on recent developments and segmental revenues
  • Descriptive company profiles of the leading global players, including Allscripts Healthcare Solutions Inc., Boston Scientific Corp., Cerner Corp., Cisco Systems Inc., GE Healthcare, Medtronic, Philips Healthcare and Siemens Healthcare
Frequently Asked Questions about the Global Telemedicine Market

What is the estimated value of the Global Telemedicine Market?

The Global Telemedicine Market was estimated to be valued at $72.4 Billion in 2022.

What is the growth rate of the Global Telemedicine Market?

The growth rate of the Global Telemedicine Market is 19.1%, with an estimated value of $173.3 Billion by 2027.

What is the forecasted size of the Global Telemedicine Market?

The Global Telemedicine Market is estimated to be worth $173.3 Billion by 2027.

Who are the key companies in the Global Telemedicine Market?

Key companies in the Global Telemedicine Market include Allscripts Healthcare Solutions, Inc., Amd Global Telemedicine, Inc., American Well Corp., Biotelemetry, Inc., Boston Scientific Corp., Cerner Corp., Cisco Systems Inc., Ge Healthcare and Iron Bow Technologies.

Table of Contents

Chapter 1 Introduction
  • Study Goals and Objectives
  • Reasons for Doing this Study
  • Scope of Report
  • What's New in this Update?
  • Information Sources
  • Methodology
  • Geographic Breakdown
  • Analyst's Credentials
  • Custom Research
  • Related Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Market Overview
  • Market Potential
  • Impact of Covid-19 on the Market
  • Regulatory Frameworks
  • United States
  • Europe
  • India
  • Investment Analysis
  • Industry Growth Drivers
  • Favorable Government Initiatives
  • Rising Incidence of Chronic Diseases
  • Increasing Healthcare Expenditures
  • Technological Advances Related to Smartphones and Internet
  • Market Restraints
  • Lack of Standards
Chapter 4 Market Breakdown by End-user
  • Hospital Facilities
  • Homecare
Chapter 5 Market Breakdown by Application
  • Telecardiology
  • Teledermatology
  • Telepathology
  • Key Markets for Digital Telepathology
  • Case Study: Digital Pathology in Resource-Poor Settings
  • Case Study: Health Evaluation Centers in Vietnam - Business Model of Medical Support of Foreign Countries With Wsi Telepathology
  • Key Advantages of Telepathology Systems
  • Telepsychiatry
  • Teleradiology
Chapter 6 Market Breakdown by Business Segment
  • Hardware
  • Software
  • Services
Chapter 7 Market Breakdown by Region
  • North America
  • United States
  • Canada
  • Europe
  • United Kingdom
  • Germany
  • France
  • Spain
  • Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
  • Rest of the World
  • South America
  • Middle East and Africa
Chapter 8 Telemedicine Industry Structure
Chapter 9 Competitive Landscape
  • Product Launches
  • Collaborations, Joint Ventures and Partnerships
  • Expansion, Funding and Financing
  • Mergers and Acquisitions
  • Agreements and Contracts
Chapter 10 Company Profiles
  • Allscripts Healthcare Solutions, Inc.
  • Amd Global Telemedicine, Inc.
  • American Well Corp.
  • Biotelemetry, Inc.
  • Boston Scientific Corp.
  • Cerner Corp.
  • Cisco Systems Inc.
  • Ge Healthcare
  • Globalmed
  • Iron Bow Technologies
  • Mdlive
  • Medtronic Inc.
  • Medvivo Group Ltd.
  • Medweb
  • Philips Healthcare
  • Resideo Life Care Solutions
  • Siemens Healthineers AG
  • Teladoc Health Inc.
  • Telespecialists LLC
List of Tables
Summary Table: Global Market for Telemedicine Technologies, by Business Segment, Through 2027
Table 1: Regulatory Frameworks Across Countries
Table 2: Summary of Key Telehealth Policies, by the U.S. State
Table 3: India's Mobile Applications
Table 4: Telehealth Applications
Table 5: Global Leading Causes of Burden of Disease, 2004 and 2030
Table 6: Global Market for Telemedicine Technologies, by End User, Through 2027
Table 7: Number of Hospitals in the U.S., by Type, 2022
Table 8: Global Market for Telemedicine Technologies, by Application, Through 2027
Table 9: Global Market for Telecardiology, by Region, Through 2027
Table 10: Global Market for Teledermatology, by Region, Through 2027
Table 11: Global Market for Telepathology, by Region, Through 2027
Table 12: Global Market for Telepsychiatry, by Region, Through 2027
Table 13: Global Market for Teleradiology, by Region, Through 2027
Table 14: Global Market for Telemedicine Technologies, by Business Segment, Through 2027
Table 15: Global Market for Telemedicine Hardware, by Region, Through 2027
Table 16: Global Market for Telemedicine Software, by Region, Through 2027
Table 17: Global Market for Telemedicine Services, by Region, Through 2027
Table 18: Global Market for Telemedicine Technologies, by Region, Through 2027
Table 19: Projected Healthcare Spending in Countries by Income, 2040
Table 20: North American Market for Telemedicine Technologies, by Country, Through 2027
Table 21: COVID-19 Confirmed Cases and Deaths in the U.S., by State, as of July 2022
Table 22: Most Common Chronic Conditions for Adults Aged 65+ Years, by Type
Table 23: Number of Individuals Impacted by Chronic Diseases, 2005-2030
Table 24: Current Grants, by Cancer Type, 2021
Table 25: Percentage of New Cancer Cases in U.S. Males, by Cancer Type, 2021
Table 26: Funding by Federal Government for Treatment of Chronic Diseases
Table 27: COVID-19 Confirmed Cases in Canada, by Province, as of July 2022
Table 28: European Market for Telemedicine Technologies, by Country, Through 2027
Table 29: Confirmed Cases of COVID-19 in Europe, by Country, as of July 2022
Table 30: COVID-19 Confirmed Cases in the U.K., by Country, as of Dec. 2021
Table 31: Deaths from CVD and Number of People Living with CVD in the U.K.
Table 32: Cardiac Procedures Performed in Germany, by Gender, 2020
Table 33: Rising Geriatric Population in Germany, 2000-2030
Table 34: Healthcare Expenditures in Germany, 2019 and 2020
Table 35: Healthcare Spending in France, 2015-2020
Table 36: New Cancer Cases in Spain, by Cancer Type, 2020
Table 37: Asia-Pacific Market for Telemedicine Technologies, by Country, Through 2027
Table 38: Regulation of Telemedicine in China, 2015-2020
Table 39: COVID-19 Infections, Deaths and Recovery Cases in Greater China, by Province, as of July 31, 2020
Table 40: New Cancer Cases in China, by Cancer Type, 2020
Table 41: Cancer Incidence and Mortality in China, by Cancer Site, 2020
Table 42: COVID-19 Confirmed Cases and Deaths in India, by State/Union Territory, as of July, 2022
Table 43: Cases of COVID-19 Infection and Mortality in Japan, as of August 2020
Table 44: COVID-19 Cases in Japan, by Prefecture, as of July 2022
Table 45: Aging Population (65+) in Japan, 2010-2040
Table 46: Most Commonly Diagnosed Cancers in Males in Australia, by Cancer Site, 2021
Table 47: Most Commonly Diagnosed Cancers in Females in Australia, by Cancer Site, 2021
Table 48: ROW Market for Telemedicine Technologies, by Sub-Region, Through 2027
Table 49: COVID-19 Cases in South America, by Country, Mar. 2020 Vs. Aug. 2020
Table 50: New Cases of Cancer in Brazil, by Gender and Type, 2018
Table 51: Healthcare Expenditures in Argentina, 2014 and 2040 (Projected)
Table 52: Leading Causes of Death in Argentina and Percentage Change, 2005-2016
Table 53: COVID-19 Confirmed Cases in the MEA, by Country, Mar. 2020 Vs. Aug. 2020
Table 54: Rankings of Top Players in the Global Market for Telemedicine Technologies, 2021
Table 55: Telemedicine Product Launches and Product Developments, 2018-2021
Table 56: Collaborations, Joint Ventures and Partnerships in the Global Market for Telemedicine Technologies, 2018-2021
Table 57: Expansions, Funding and Financing in the Global Market for Telemedicine Technologies, 2019-2020
Table 58: Mergers and Acquisitions in the Global Market for Telemedicine Technologies, 2018-2020
Table 59: Agreements and Contracts in the Global Market for Telemedicine Technologies, 2018-2020
Table 60: Allscripts Healthcare Solutions: Product Portfolio
Table 61: Allscripts Healthcare Solutions: Recent Developments, 2020
Table 62: Allscripts Healthcare Solutions: Financial Performance, 2019-2021
Table 63: AMD Global Telemedicine, Inc.: Product Portfolio
Table 64: AMD Global Telemedicine, Inc.: Recent Developments, 2018-2020
Table 65: American Well: Product Portfolio
Table 66: American Well: Recent Developments, 2019-2020
Table 67: BioTelemetry: Product Portfolio
Table 68: BioTelemetry: Recent Developments, 2018-2020
Table 69: Boston Scientific: Product Portfolio
Table 70: Cerner Corp.: Product Portfolio
Table 71: Cisco Systems Inc.: Telehealth Product Portfolio
Table 72: Cisco Systems Inc.: Recent Developments, 2019
Table 73: GE Healthcare: Product Portfolio
Table 74: GE Healthcare: Recent Developments, 2019
Table 75: GlobalMed: Product Portfolio
Table 76: Iron Bow Technologies: Product Portfolio
Table 77: Iron Bow Technologies: Recent Developments, 2018-2020
Table 78: MDLive: Product Portfolio
Table 79: MDLive: Recent Developments, 2018-2020
Table 80: Medtronic Inc.: Product Portfolio
Table 81: Medvivo Group: Product Portfolio
Table 82: Medweb: Product Portfolio
Table 83: Philips Healthcare: Product Portfolio
Table 84: Philips Healthcare: Recent Developments, 2020
Table 85: Resideo Life Care Solutions: Product Portfolio
Table 86: Siemens Healthineers: Product Portfolio
Table 87: Siemens Healthineers: Recent Developments, 2019-2020
Table 88: Teladoc Health: Product Portfolio
Table 89: Teladoc Health: Recent Developments, 2018-2020
Table 90: TeleSpecialists LLC: Product Portfolio

List of Figures
Summary Figure: Global Market for Telemedicine Technologies, by Business Segment, 2021-2027
Figure 1: Use of Telemedicine During the COVID-19 Pandemic
Figure 2: Deaths Due to Three Chronic Diseases, Global, 2005-2030
Figure 3: Global Distribution of Deaths from Chronic Diseases, 2018
Figure 4: Rising Trends in Global Healthcare Spending, by Institution, 2015-2040
Figure 5: Growing National Healthcare Expenditure in the U.S., 2013-2020
Figure 6: Healthcare Expenditures as a Share of GDP, by Select Eleven Countries, 2021
Figure 7: Smartphone Use in Emerging Countries, 2018
Figure 8: Telehospital/Teleclinics Services
Figure 9: Global Telehospital Services Classification, by Type
Figure 10: Number of Hospitals in the U.S., by Type, 2022
Figure 11: Share of Market for Telecardiology, by Disease Segment, 2018
Figure 12: Telepathology and Digital Pathology Applications
Figure 13: Number of Suicides Due to Mental Health in the U.S., 2018 and 2019
Figure 14: Healthcare Expenditures in the U.S., 2015 and 2025
Figure 15: Number of Individuals Impacted by Chronic Diseases, 2005-2030
Figure 16: Rising Geriatric Population in Germany, 2000-2030
Figure 17: Healthcare Expenditures in Germany, 2019 and 2020
Figure 18: Healthcare Spending and Financing in France, 2015-2020
Figure 19: Distribution of New Cancer Cases in Spain, by Cancer Type, 2020
Figure 20: Distribution of New Cancer Cases in China, by Cancer Type, 2020
Figure 21: Aging Population (65+) in Japan, 2010-2040
Figure 22: Healthcare Expenditures in Argentina, 2014 and 2040 (Projected)
Figure 23: Value Chain of Market for Telemedicine Technologies
Figure 24: Allscripts Healthcare Solutions: Revenue Share, by Business Segment, 2021
Figure 25: Allscripts Healthcare Solutions: Revenue Share, by Region, 2020

Executive Summary

Telemedicine is the delivery of medical services to any location with the help of advanced telecommunications technology. Telemedicine technology incorporates digital communication and telecommunications technologies to treat patients residing in any location that can be reached by these technologies.

Telemedicine has transformed the role of physicians and increased access to health services for patients worldwide. This has led to a greater number of technology startups and increased investments in the telemedicine market.

In the meantime, the use of connected devices such as smartphones and tablets for real-time patient monitoring and diagnosis is growing rapidly. This trend has led to the improvement in healthcare services and increased patient-care efficiency and data collection.

This report provides an analysis of each market segment, including components, applications and end users. The business segment consists of hardware, software and services.

Companies Mentioned

  • Allscripts Healthcare Solutions, Inc.
  • Amd Global Telemedicine, Inc.
  • American Well Corp.
  • Biotelemetry, Inc.
  • Boston Scientific Corp.
  • Cerner Corp.
  • Cisco Systems Inc.
  • Ge Healthcare
  • Globalmed
  • Iron Bow Technologies
  • Mdlive
  • Medtronic Inc.
  • Medvivo Group Ltd.
  • Medweb
  • Philips Healthcare
  • Resideo Life Care Solutions
  • Siemens Healthineers AG
  • Teladoc Health Inc.
  • Telespecialists LLC