Telemedicine: Market Forecasts, Emerging Technologies & Regional Readiness 2021-2025

The latest Telemedicine report offers a cutting-edge analysis of the fast-growing market; providing strategic insights into the technologies and key drivers, as well as appraising the extent of global telemedicine adoption, innovation, and dynamics.

This essential guide covers a wide variety of market segments:

• EHRs (Electronic Health Records)
• eICUs
• Healthcare Chatbots
• Remote Monitoring
• Surgical Robotics
• Teleconsultations

This research suite includes:

• Deep Dive Strategy & Competition (PDF)
• 5-year Deep Dive Data & Forecasting (PDF)
• Executive Summary & Core Findings (PDF)
• 12 Months' Access to harvest Online Data Platform

Key Market Statistics

Market size in 2021:

• $281m

Market size in 2025:

• $4.7bn

2021 to 2025 CAGR:

• 112.01%

Key Features

Market Dynamics: An incisive analysis of the major drivers and challenges shaping the adoption and development of telemedicine technologies, covering:

• Technological innovations that are enhancing the value
• Key issues vendors must address if widespread adoption is to be achieved

Regional Readiness Analysis: An all-encompassing exploration of global adoption at individual country levels, covering:

• Healthcare initiatives and population health pressures that are driving telemedicine adoption
• Social, regulatory, and technical factors that are helping (or hindering) telemedicine adoption as well as any changes that occurred as a result of the COVID-19 pandemic

Competitive Landscape: An in-depth assessment of the key players offering solutions and products, covering:

• Strengths and weaknesses of these players’ business models
• Industry experiences and assets that are collectively supporting adoption of their telemedicine services and products by different healthcare providers, markets, and/or regions

Benchmark Industry Forecasts: Our forecasts for telemedicine market size and growth, including:

• Number of People with an EHR
• Total Capital & Operational Spend by Healthcare Businesses on EHRs
• Net Cost Savings for Healthcare Businesses Using EHRs
• Number of eICU Beds
• Total Capital & Operational Spend by Healthcare Businesses on eICUs
• Number of Successful Healthcare Chatbot Interactions
• Total Time Saved for People Using Healthcare Chatbots
• Total Time Saved for Healthcare Businesses Using Healthcare Chatbots
• Total Cost Savings for Healthcare Businesses Using Healthcare Chatbots
• Number of Patients with Chronic Conditions that Are Adopting Remote Monitoring
• Total Annual Revenue from All Remote Monitored Patients
• Number of Deployed Surgical Robotics Units
• Total Capital & Operational Spend on Surgical Robotics
• Number of People Adopting Teleconsultation Services
• Number of Teleconsultations Performed
• Total Annual Spend on Teleconsultation Services
• Total Cost Savings by Patients Using Teleconsultation Services over In-person Healthcare

The Leaderboard: 15 players offering telemedicine solutions and products compared, scored, and positioned on the the Leaderboard, including:

• Adherium
• Amwell
• Babylon Health
• Cerner
• Cisco
• Epic
• GYANT
• Intuitive Surgical
• Kareo
• Medtronic
• my mhealth
• Philips Healthcare
• QliqSOFT
• Teladoc
• WeDoctor

Key Questions Answered

• What are the key technologies in the telemedicine space and how might these evolve?
• What are the specific telemedicine trends, drivers, and challenges impacting the market?
• How has COVID-19 affected the adoption and regulation of telemedicine?
• What is the global extent of adoption and how does this vary between regions?
• Who are the key movers, shakers, and vendors in the space?

The Telemedicine forecast suite includes:

5-year benchmark forecasts for:

• Number of Patients Using Telemedicine
• Number of Devices Deployed
• Total Capital Spend
• Total Operational Spend
• Time Savings for Patients
• Time Savings for Healthcare Businesses
• Cost Savings for Healthcare Businesses (Gross & Net)

Geographical splits: 19 countries

Harvest: Our online data platform, harvest, contains the very latest market data and is updated throughout the year. This is a fully featured platform enabling clients to better understand key data trends and manipulate charts and tables, overlaying different forecasts within the one chart - using the comparison tool. Empower your business with our market intelligence centre, and get alerted whenever your data is updated.

Interactive Excels (IFxl): Our IFxl tool enables clients to manipulate both forecast data and charts, within an Excel environment, to test their own assumptions using the Interactive Scenario Tool and compare selected markets side by side in customised charts and tables. IFxls greatly increase a clients’ ability to both understand a particular market and to integrate their own views into the model.