The Global Telemedicine Technologies and Services Market is estimated to be USD 156.75 Bn in 2023 and is expected to reach USD 290.99 Bn by 2028 growing at a CAGR of 13.17%.
As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.
Market Dynamics
Market dynamics are forces that impact the prices and behaviors of the stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.
Market Segmentations
- The Global Telemedicine Technologies and Services Market is segmented based on Component, Mode of Delivery, Speciality, Services, End User, and Geography.
- By Component, the market is classified into Hardware, Software, and Services.
- By Mode of Delivery, the market is classified into Cloud and On-Premises.
- By Speciality, the market is classified into Dermatology, Gynaecology, Neurology, Cardiology, Orthopaedics, Emergency care, Internal Medicine, and Others.
- By Services, the market is classified into Tele-consultation, Tele-monitoring, Tele-education, Tele-training, Tele-care, Telesurgery,and Others.
- By End User, the market is classified into Healthcare Facilities and Homecare.
- By Geography, the market is classified into Americas, Europe, Middle East & Africa, and Asia-Pacific.
Company Profiles
The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Aerotel Medical Systems Ltd., AGOKO N.V., AMD Global Telemedicine, Inc., American Well, Array Behavioral Care, DocOnline, etc.Countries Studied
- America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
- Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
- Middle East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
- Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)
Competitive Quadrant
The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.Ansoff Analysis
- The report presents a detailed Ansoff matrix analysis for the Global Telemedicine Technologies and Services Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
- The publisher analyses the Global Telemedicine Technologies and Services Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
- Based on the SWOT analysis conducted on the industry and industry players, the publisher has devised suitable strategies for market growth.
Why buy this report?
- The report offers a comprehensive evaluation of the Global Telemedicine Technologies and Services Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth Market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the Market are also featured in the report.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report also contains the competitive analysis using Positioning Quadrants, the Proprietary competitive positioning tool.
Report Highlights:
- A complete analysis of the market, including parent industry
- Important market dynamics and trends
- Market segmentation
- Historical, current, and projected size of the market based on value and volume
- Market shares and strategies of key players
- Recommendations to companies for strengthening their foothold in the market
Table of Contents
1 Report Description
2 Research Methodology
3 Executive Summary
4 Market Dynamics
5 Market Analysis
6 Global Telemedicine Technologies and Services Market, By Component
7 Global Telemedicine Technologies and Services Market, By Mode of Delivery
8 Global Telemedicine Technologies and Services Market, By Speciality
9 Global Telemedicine Technologies and Services Market, By Services
10 Global Telemedicine Technologies and Services Market, By End User
11 Americas' Telemedicine Technologies and Services Market
12 Europe's Telemedicine Technologies and Services Market
13 Middle East and Africa's Telemedicine Technologies and Services Market
14 APAC's Telemedicine Technologies and Services Market
15 Competitive Landscape
16 Company Profiles
17 Appendix
Companies Mentioned
- Aerotel Medical Systems Ltd.
- AGOKO N.V.
- Advanced Monitored Caregiving, Inc.
- AMD Global Telemedicine, Inc.
- American Well Corp.
- Array Behavioral Care
- Asahi Kasei Corp.
- Cerner Corp.
- Cisco Systems, Inc.
- DocOnline Health India Pvt. Ltd.
- Doximity, Inc.
- F. Hoffmann-La Roche Ltd.
- GE HealthCare
- GlobalMed
- HealthTap, Inc.
- Honeywell International, Inc.
- Iron Bow Technologies
- Koninklijke Philips N.V.
- LifeWatch Ag
- McKesson Corp.
- Medtronic PLC
- Nischidha Imaging Services
- Siemens Healthineers Ag
- Teladoc Health, Inc.
- Vesta Teleradiology
- WELL Health Technologies Corp.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 192 |
Published | February 2024 |
Forecast Period | 2023 - 2028 |
Estimated Market Value ( USD | $ 156.75 Billion |
Forecasted Market Value ( USD | $ 290.99 Billion |
Compound Annual Growth Rate | 13.1% |
Regions Covered | Global |
No. of Companies Mentioned | 26 |