The Asia Pacific Remote Healthcare Market would witness market growth of 17.2% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Remote Healthcare Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2.55 billion by 2031. The Japan market is registering a CAGR of 16.5% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 18% during (2024 - 2031).
Tele-ICU services are enhancing remote monitoring and management of intensive care units (ICUs). This application enables intensivists to oversee multiple ICUs from a centralized location, improving patient care and optimizing ICU resource utilization.
Moreover, tele-rehabilitation services offer physical therapy and rehabilitation exercises through video consultations. This application provides patients with access to therapeutic exercises and guidance from rehabilitation specialists without needing to travel to a physical clinic.
China’s rapidly aging population drives the demand for healthcare services, including remote healthcare. The prevalence of chronic diseases is on the rise as the senior population increases, which requires ongoing health monitoring and management. This demographic shift is creating a substantial market for remote healthcare solutions that can provide convenient and effective care for older adults. As per the Shanghai Municipal People's Government, there are 190 million older people in the nation, and they have the highest incidence of chronic disease. About 75 percent of people over 60 years old have one chronic disease, and 43 percent have at least two chronic diseases.
Based on Service, the market is segmented into Tele-ICU, Real Time Virtual Health (Video Communication, Audio Communication, and Email/Chat box), and Remote Patient Monitoring. Based on End Use, the market is segmented into Provider, Payer, Patient, and Employer Groups & Government Organizations. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.
The China market dominated the Asia Pacific Remote Healthcare Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2.55 billion by 2031. The Japan market is registering a CAGR of 16.5% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 18% during (2024 - 2031).
Tele-ICU services are enhancing remote monitoring and management of intensive care units (ICUs). This application enables intensivists to oversee multiple ICUs from a centralized location, improving patient care and optimizing ICU resource utilization.
Moreover, tele-rehabilitation services offer physical therapy and rehabilitation exercises through video consultations. This application provides patients with access to therapeutic exercises and guidance from rehabilitation specialists without needing to travel to a physical clinic.
China’s rapidly aging population drives the demand for healthcare services, including remote healthcare. The prevalence of chronic diseases is on the rise as the senior population increases, which requires ongoing health monitoring and management. This demographic shift is creating a substantial market for remote healthcare solutions that can provide convenient and effective care for older adults. As per the Shanghai Municipal People's Government, there are 190 million older people in the nation, and they have the highest incidence of chronic disease. About 75 percent of people over 60 years old have one chronic disease, and 43 percent have at least two chronic diseases.
Based on Service, the market is segmented into Tele-ICU, Real Time Virtual Health (Video Communication, Audio Communication, and Email/Chat box), and Remote Patient Monitoring. Based on End Use, the market is segmented into Provider, Payer, Patient, and Employer Groups & Government Organizations. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
- Abbott Laboratories
- GE HealthCare Technologies, Inc.
- American Well Corporation (Amwell)
- Koninklijke Philips N.V.
- Medtronic PLC
- Teladoc Health, Inc.
- Honeywell International, Inc.
- Resideo Technologies, Inc.
- Siemens Healthineers AG (Siemens AG)
- Oracle Corporation
Market Report Segmentation
By
Service
- Tele-ICU
- Real Time Virtual Health
- Video Communication
- Audio Communication
- Email/Chat box
- Remote Patient Monitoring
By End Use
- Provider
- Payer
- Patient
- Employer Groups & Government Organizations
By Country
- China
- Japan
- India
- South Korea
- Australia
- Malaysia
- Rest of Asia Pacific
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. Asia Pacific Remote Healthcare Market by Service
Chapter 6. Asia Pacific Remote Healthcare Market by End Use
Chapter 7. Asia Pacific Remote Healthcare Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- Abbott Laboratories
- GE HealthCare Technologies, Inc.
- American Well Corporation (Amwell)
- Koninklijke Philips N.V.
- Medtronic PLC
- Teladoc Health, Inc.
- Honeywell International, Inc.
- Resideo Technologies, Inc.
- Siemens Healthineers AG (Siemens AG)
- Oracle Corporation
Methodology
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