Telemedicine Market Size, Share, Growth, Trends, And Forecast To 2023
Recent Developments
Koninklijke Philips N.V. Company is one of the well-known Dutch multinational conglomerate company located in Amsterdam. It is one of the large electronics companies in the world, now focused in the area of lighting and healthcare.
On April 2017, Koninklijke Company released the tele ICU enterprise software at the American Telemedicine Association’s annual meeting. This latest innovative technology has rendered achievement to the company in population health management for acute care unit.
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Market Overview
Market Data Forecast published a report named as Telemedicine Market. The Telemedicine market has expected to reach USD 2.20 Billion by 2024 from USD 538.7 Million in 2018, increasing at a CAGR of 19.2% during the forecast period (2018–2024).
Report segmented as:
By Technology:
· Hardware
· Software
· Telecommunications
By Service:
· Remote Patient Monitoring
· Store-and-Forward
· Real-Time Interactive
This growth has attributed to improved healthcare infrastructure, increased healthcare spending, growing geriatric population, and growing prevalence of chronic and lifestyle associated diseases.
Geographical Segmentation:
Based on geography, the market divided under many countries such as North America, Europe, Asia-Pacific and the Rest of the World. North America has led the global Telemedicine Market.
Key market players:
- InTouch Technologies Inc.
- Aerotel Medical Systems Ltd.
- OBS Medical Ltd.
- AMD Global Telemedicine Inc.
- Cerner Corporation
- Cisco Systems Inc.
- McKesson Corporation
- Allscripts Healthcare Solutions Inc
- BioTelemetry Inc.
- Honeywell International Inc.
- Polycom Inc.
- Medtronic plc.
- GlobalMed
- General Electric Company
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The Scope of the report:
The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated.
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