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Business Opportunities for Telemedicine During COVID-19

  • Report

  • 28 Pages
  • November 2020
  • Region: Global
  • Market Intelligence & Consulting Institute (MIC)
  • ID: 5206739

Since early 2020, the world has been hit hard by the COVID-19 outbreak with new confirmed cases continuing to rise. Health systems worldwide have been overwhelmed with patients and people are worried about the risk of infection when going to hospitals. As a result, demand for telemedicine services has surged. This report discusses international policies, application services, business opportunities in the value chain, and key issues associated with telemedicine in recent years.

List of Topics

  • Development of telemedicine around the world, touching on international policies in North America, Europe, and Asia
  • Telemedicine application services in virtual medical consultation with examples of Teladoc Health and AmWell, in digital diagnostics with examples of Tyto Care and Healthy.io, in digital pharmacy with examples of Amazon Care and Ali Health, and in Telecare with examples of Philips eICU and XR Health
  • Business opportunities in telemedicine value chain from end devices, network communications, to application services, and includes two key issues in telemedicine

Table of Contents

1. Preface

2. International Polices
2.1 North America
2.1.1 The United States
2.1.2. Canada
2.2 Europe
2.1.1 Germany
2.1.2 UK
2.1.3 France
2.2 Asia
2.2.1 China
2.2.2 Japan

3. Application Services
3.1 Virtual Medical Consultation
3.1.1 Teladoc Health
3.1.2 AmWell
3.2 Digital Diagnostics
3.2.1 Tyto Care
3.2.2 Healthy.io
3.3 Digital Pharmacy
3.3.1 Amazon Care
3.3.2 Ali Health
3.4 Telecare
3.4.1 Philips eICU
3.4.2 XR Health

4. Business Opportunities in Telemedicine Value Chain
4.1 End Devices: In-home Biometric Devices Have Great Growth Potential
4.2 Network Communications: Increased Data Transmission in Hospitals Boosts Inelastic Demand
4.3 Application Services: Telemedicine as a Key Risk Control Technique in the Post-pandemic Era

5. Key Issues
5.1 Improvement in Adaptability of Telemedicine Regulations is Required
5.2 Urgent Needs for Comprehensive Protection of Personal Health Data

6. Analyst Perspective

List of Companies

List of Tables
Table 1 Number of COVID-19 Cases in G7 and BRICS Countries

List of Figures
Figure 1 Teladoc Health
Figure 2 AmWell
Figure 3 Tyto Care's Digital Stethoscope
Figure 4 Healthy.io's Urine Testing Device
Figure 5 Amazon Care
Figure 6 Ali Health
Figure 7 Philips eICU’s Telecare Center
Figure 8 XRHealth
Figure 9 Telemedicine Industry Value Chain



Companies Mentioned

A selection of companies mentioned in this report includes:

  • Accenture Canada
  • Ali Health
  • Alibaba
  • Allianz X
  • AmWell
  • Apple
  • Babylon Health
  • Facebook
  • Google
  • Healthy.io
  • LifeLabs
  • Oasis Medical
  • Orion Health
  • Philips
  • PillPack
  • RGAX
  • Roche Canada
  • Skype
  • Teladoc Health
  • TELUS Health
  • TMall Pharma
  • Tyto Care
  • Under Armour
  • XRHealth


Primary research with a holistic, cross-domain approach

The exhaustive primary research methods are central to the value that the analyst delivers. A combination of questionnaires and on-site visits to the major manufacturers provides a first view of the latest data and trends. Information is subsequently validated by interviews with the manufacturers' suppliers and customers, covering a holistic industry value chain. This process is backed up by a cross-domain team-based approach, creating an interlaced network across numerous interrelated components and system-level devices to ensure statistical integrity and provide in-depth insight.

Complementing primary research is a running database and secondary research of industry and market information. Dedicated research into the macro-environmental trends shaping the ICT industry also allows the analyst to forecast future development trends and generate foresight perspectives. With more than 20 years of experience and endeavors in research, the methods and methodologies include:


  • Component supplier interviews
  • System supplier interviews
  • User interviews
  • Channel interviews
  • IPO interviews
  • Focus groups
  • Consumer surveys
  • Production databases
  • Financial data
  • Custom databases


  • Technology forecasting and assessment
  • Product assessment and selection
  • Product life cycles
  • Added value analysis
  • Market trends
  • Scenario analysis
  • Competitor analysis