Discover how AI-driven biosensors, M2M communications, and remote patient monitoring are reducing costs by up to $120 per visit
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The traditional doctor’s visit is undergoing a radical transformation. What was once a convenience has become a global necessity, fueled by a perfect storm of aging demographics, skyrocketing costs, and a technological revolution.
This market research report provides an in-depth analysis of why this sector isn’t just growing. It is becoming the backbone of modern medicine.
The Demographic Time Bomb
By 2050, the global population will hit 10 billion, with one in six people over the age of 65. We are living longer, but we aren't necessarily living healthier.
- The Retirement Reality: In the U.S., a couple retiring in a decade can expect to spend over $330,000 on healthcare alone, which is roughly 92% of their lifetime Social Security benefits.
- The Geriatric Shift: 25% of all U.S. physician visits currently involve elderly patients managing multiple chronic conditions.
- The Global Surge: From the UK to China, life expectancy is climbing, creating an unprecedented demand for continuous, high-efficiency care that traditional brick-and-mortar clinics simply cannot sustain alone.
Beyond the Screen: Why Telemedicine Wins
Telemedicine is no longer just a "video call with a doctor." It is a sophisticated ecosystem powered by biosensors, M2M (machine-to-machine) communications, and advanced software engineering. This report breaks down the fundamental drivers ensuring long-term market dominance:
- Cost Efficiency: Saves an average of $20 to $120 per visit compared to in-person care.
- Safety & Security: Eliminates infection risks for the immunocompromised - a lesson learned globally during the pandemic.
- Ultimate Privacy: Removes the "waiting room" factor, ensuring consultations remain confidential and discreet.
- Quality of Care: Facilitates undivided attention between patient and provider, free from the distractions of a busy office.
Why This Report?
The gap between rural scarcity and urban congestion is closing through digital innovation. Whether it’s providing expert care to underdeveloped nations or streamlining the healthcare spending of developed economies, telemedicine is the solution.
Despite minor hurdles in senior adoption, such as sensory or communication barriers, are emerging technologies that are already closing the accessibility gap. The market is shifting from "early adoption" to "ubiquitous integration."
Can your organization afford to miss the shift? This report offers the data, trends, and forecasts you need to navigate the $330,000 retirement hurdle and the 10-billion-person future.
With the purchase of this report at the Multi-user License or greater level, you will have access to one hour with an expert analyst who will help you link key findings in the report to the business issues you're addressing. This will need to be used within three months of purchase.
This report also includes a complimentary Excel file with data from the report for purchasers at the Site License or greater level.
Table of Contents
1. Executive Summary
Companies Mentioned
- 2nd.MD
- Sonova Group (Advanced Bionics)
- Aerotel Medical Systems
- Allscripts Healthcare LLC
- AMD Global Telemedicine
- American Well (amwell)
- Apollo Hospital Enterprise Ltd.
- Medtronic
- Cisco Systems
- CloudVisit
- Cochlear Ltd.
- Doctor on Demand (Included Health Inc.)
- Encounter Telehealth
- Roche (F. Hoffmann-La Roche)
- GE Healthcare (General Electric Company)
- GlobalMed Group LLC
- Haemonetics Corporation
- Nurotron (Zhejiang Nurotron Biotechnology Co. Ltd)
- Honeywell International Inc.
- IBM
- BioTelemetry (Philips)
- Teladoc Health (In Touch Technologies)
- Maestros Telemedicine (METSL)
- McKesson Corporation
- MED-EL Medical Electronics
- MEDLIVE
- Oticon (Demant)
- Philips (Koninklijke Philips N.V)
- REACH Healthcare Foundation
- AMN Healthcare (SnapMD Telemedicine)
- Telemedicine.com Inc.
- Oracle Cerner
- Otsuka America Pharmaceutical Inc.
- Twilio Inc.
- Zoom Video Communications
- SOCTelemed Inc.
- NXGN Management LLC
- Poly (Plantronics Inc.)
- Practo
- VSee
- AMC Health
- Cigna
- Siemens
