Understanding the CAGR Trends: Global Telemedicine Service Market to Grow at a CAGR of 14.69% by 2028, Anticipates DelveInsight | Teladoc Health, MEDICI, American Well, Doximity, Practo, DocOnline

Understanding the CAGR Trends: Global Telemedicine Service Market to Grow at a CAGR of 14.69% by 2028, Anticipates DelveInsight | Teladoc Health, MEDICI, American Well, Doximity, Practo, DocOnline
The provision of healthcare services remotely via telecommunications infrastructure, including consultations, examinations, and monitoring, is referred to as telemedicine, or e-medicine.

As per DelveInsight’s assessment, the Telemedicine Service Market is expected to grow at an immense pace in the coming years owing to the The increasing prevalence of pandemic such as COVID-19, Pre- and post-operation and some few of the other applications where Telemedicine Service have been used, which is expected to drive the demand for Telemedicine Service in the upcoming years.

 

DelveInsight’sTelemedicine Service Market report provides the current and forecast market outlook, forthcoming device innovation, challenges, market drivers and barriers.  The report also covers the major emerging products and key Telemedicine Service companies actively working in the market.

 

Telemedicine Service Overview

The provision of healthcare services remotely via telecommunications infrastructure, including consultations, examinations, and monitoring, is referred to as telemedicine, or e-medicine. With the use of this service, medical experts can assess, diagnose, and treat patients without needing to see them in person.

 

Telemedicine Service Market Insights

The population’s growing emphasis on reducing healthcare costs and the unexpected global COVID-19 outbreak are the main factors boosting the need for telemedicine services. In addition, there will be a rise in government activities to introduce telemedicine services in order to give patients with greater access during the projected period, as well as an increase in the prevalence of various chronic conditions worldwide.

 

DelveInsight Analysis: The Global Telemedicine Service market size is anticipated to reach ~USD 13,506 million by 2028 with a growing CAGR of 14.69% during the forecasted period (2023-2028).

 

To know more about why North America is leading the market growth in the Telemedicine Service market, get a snapshot of the report Telemedicine Service Market Trends

https://www.delveinsight.com/report-store/telemedicine-service-market

Recent Developments in the Telemedicine Service Market Report

  • In July 2021, Cairo-based e-health and teleconsultations platform, Estshara raised a USD 500,000 seed funding round to expand its user base by providing extra offerings and customer care activities.
  • In January 2020, Teladoc Health, Inc., the global leader in virtual care, entered into a definitive agreement to acquire InTouch Health, the leading provider of enterprise telehealth solutions for hospitals and health systems.
  • In November 2020, Morneau Shepell, a leading provider of total wellbeing, mental health, and digital mental health services, launched its first unified telemedicine solution in the United States.

 

To read more about the latest highlights related to Telemedicine Service, get a snapshot of the key highlights entailed in the Telemedicine Service Market Forecast Report

 

Key Players in the Telemedicine Service Market

Some of the key market players operating in the Telemedicine Service market include- Teladoc Health, Inc., MEDICI, American Well, Doximity, Inc., Practo., DocOnline, MeMD®, iCliniq, HealthTap, Inc., WELL Health Technologies Corp., Doctor On Demand (Included Health, Inc.), Vesta Teleradiology, USARAD.COM, AGOKO NV, Nischidha Imaging Services, Array Behavioral Care., SOC Telemed, Smart Telecardiology (Heidelberg Medical Consultancy & Health Tourism Pvt. Ltd.), First Derm, DirectDerm, and others.

 

COVID-19 Impact Analysis on the Telemedicine Service Market

In 2023, North America is anticipated to hold a significant market share in the worldwide telemedicine services market, a position it will hold throughout the 2023–2028 forecast period. This dominance is a result of the region’s healthcare industry being more digitally integrated. The regional telemedicine service market is also anticipated to grow as a result of a surge in strategic partnerships between hospitals, businesses, and other groups to create telehealth strategies to communicate with patients in remote areas during the pandemic.

Additionally, The abrupt COVID-19 pandemic outbreak has also led to a massive global increase in the use of telemedicine services. This is because telemedicine services have become a vital part of healthcare as a result of efforts to stop the spread of COVID-19 illness. For example, according to a 2020 publication by the Telemedicine Society of India, the number of online consultations in India has increased thrice, whilst the number of in-person meetings has decreased by thirty-two percent between March and November 2020. The telemedicine services industry experienced a surge due to the anticipated observation of similar trends in several other locations.  So, during the projected period, the market for Telemedicine Service is anticipated to continue expanding (2023-2028).

 

Scope of the Telemedicine Service Market Report

  • Coverage: Global
  • Study Period: 2020–2028
  • Telemedicine Service Market Segmentation By Therapy Type: Chemotherapy, Hormonal Therapy, Targeted Therapy [Gene Therapy And Immunotherapy], and others
  • Telemedicine Service Market Segmentation By Cancer Type: Breast Cancer, Lung Cancer, Prostate Cancer, Blood Cancers, And Others
  • Telemedicine Service Market Segmentation By End User: Hospitals, Specialty Clinics, And Others
  • Telemedicine Service Market Segmentation By Geography: North America, Europe, Asia-Pacific, and Rest of the World
  • Key Telemedicine Service Companies: Teladoc Health, Inc., MEDICI, American Well, Doximity, Inc., Practo., DocOnline, MeMD®, iCliniq, HealthTap, Inc., WELL Health Technologies Corp., Doctor On Demand (Included Health, Inc.), Vesta Teleradiology, USARAD.COM, AGOKO NV, Nischidha Imaging Services, Array Behavioral Care., SOC Telemed, Smart Telecardiology (Heidelberg Medical Consultancy & Health Tourism Pvt. Ltd.), First Derm, DirectDerm, and others
  • Porter’s Five Forces Analysis, Product Profiles, Case Studies, KOL’s Views, Analyst’s View

 

Which MedTech key players in the Telemedicine Service market are set to emerge as the trendsetter explore @ Telemedicine Service Manufacturer

 

Table of Contents 

1

Telemedicine Service Market Report Introduction

2

Telemedicine Service Market Executive summary

3

Regulatory and Patent Analysis

4

Telemedicine Service Market Key Factors Analysis

5

Porter’s Five Forces Analysis

6

COVID-19 Impact Analysis on Telemedicine Service Market

7

Telemedicine Service Market Layout

8

Global Company Share Analysis – Key 3-5 Companies

9

Company and Product Profiles

10

Telemedicine Service Market Drivers

11.

Telemedicine Service Market Barriers

12.

Project Approach

13.

About DelveInsight

 

Interested in knowing how the Telemedicine Service market will grow by 2028? Click to get a snapshot of the Telemedicine Service Market Analysis

 

About DelveInsight

DelveInsight is a leading Business Consultant, and Market Research firm focused exclusively on life sciences. It supports Pharma companies by providing comprehensive end-to-end solutions to improve their performance.  

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