A new report on Global Telemedicine market provides analysis of the global and regional markets of telemedicine over the period of 2016 to 2022. Telemedicine is a use of telecommunication and information technology to deliver remote healthcare services from distance.

1. Global Telemedicine Market: trend Analysis and Forecast to 2022
A new report on Global Telemedicine Market provides analysis
of the global and regional markets of telemedicine over the peri-
od of 2016 to 2022. Telemedicine is a use of telecommunication
and information technology to deliver remote healthcare ser-
vices from distance. It helps to eliminate distance barrier and
improve access to medical services that would not consistently
available in distant rural areas. Telemedicine services use video
conference, email, smart phones, wireless tools and other forms
of telecommunication technologies. This technology allows
communication between patient and healthcare staff with con-
venience as well as transmission of medical, imaging and health
information from one end to another. Lack of access to physi-
cians in rural and remote areas provides an opportunity for tele-
medicine to spread its network and reach millions of patients, to
provide widespread health services.
In 2014, the size of global telemedicine market was valued at
USD 14 billion. While in 2015, size of telemedicine market sur-
passed USD 17.3 billion. The global telemedicine market is pro-
jected to grow with a CAGR between 18% and 19% over the
forecast period of 2016 – 2022 and reach USD XX.X billion by
2022. Consistent technological innovations, increasing remote
patient monitoring, high prevalence of chronic diseases, and
rising geriatric population are considered to be the driving fac-
tors fueling the growth of telemedicine market. Moreover, in-
creasing number of smart phone users is likely to support the
growth of this market over the forecast period. However, high
cost of advanced technology, legal and reimbursement issues
and inadequate healthcare infrastructure in developing econo-
mies are the factors inhibiting the growth of telemedicine mar-
ket. Furthermore, the global telemedicine market is expected to
present several opportunities for major players due to techno-
logical advancements in telecommunication sector.
The report segments the telemedicine market by services, by
application, by end users, by mode of delivery and by regions.
Market segmentation based on services includes tele-
monitoring, tele-training, tele-education, tele-consultation and
others. On the basis of application market segmented into gyne-
cology, dermatology, cardiology, neurology, orthopedics, con-
sultations, emergency care and others. Moreover, on the basis
of end users the market is segment into tele-hospital and clinic
and tele-home; whereas, mode of delivery segment comprises
web based and cloud based.
The report provides regional analysis covering geographies
such as North America, Europe, Asia Pacific, and Rest of the
World (RoW). North America was the leading market for tele-
medicine globally, with market share of more than XX%. The
growth in North America region is attributed to affordable care
act, ICD-10 implementation, reimbursement and incentive
plans, and technological advancement in telemedicine. Asia
Pacific is the second largest market and is anticipated to domi-
nate the global telemedicine market over the forecast period.
This is due to increased government support and investment in
R&D, growth in geriatric population in Japan, favorable initia-
tives for the adoption of tele-pathology in china, low doctor-
patient ratio as well as rapidly growing healthcare industry in
India. Moreover, Asia Pacific is anticipated to grow at a highest
CAGR of 25% over the forecast period.
The companies covered in the report include: LifeWatch AG,
Aerotel Medical Systems Ltd., InTouch Technologies Inc., AMD
Global Telemedicine Inc., OBS Medical Ltd., Cisco Systems
Inc., Cerner Corporation, Allscripts Healthcare Solutions Inc.,
McKesson Corporation, Honeywell Life Care Solutions, Kon-
inklijke Philips N.V., BioTelemetry Inc., Medtronic PLC, Polycom
Inc., General Electric Company.
Global Telemedicine growth trains
Global Telemedicine market: Regional Highlights
Global Telemedicine market segments
Merger &
Acquisitions
Joint ventures
New Product
Development
Others
X.X%
X.X%
X.X%
X.X%
Global Telemedicine market: industry developments of key participants
x.x
%
x.x
%
x.x
% x.x
%
North America
Latin America
Asia
Europe
02
01 03
by Services By End User
by Applications Type
• Dermatology
• Cardiology
• Neurology
• Gynecology
• Orthopedics
• Others
• Tele-Training.
• Tele-Monitoring.
• Tele-
consultation
• Tele-education.
• Others
• Introduction
• Tele- hospital
and clinic
• Tele-home.
2016 2022
XX.X million
XX.X million

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