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(Medical-NewsWire.com, March 27, 2018 ) On the back of global factors like ageing world population, target to expand the reach of healthcare services in rural and most remote areas, attending emergency medical incidents, governments' initiatives to cut down on medical expenses etc. have allowed the global telemedicine market to expand at an astonishing CAGR of 14.77% during 2015-2021.
The expansion in the global telemedicine would open new great opportunities for technology providers and healthcare service providers allowing them to cater patients at a distance. At 18.21%, global tele-home segment is projected to grow at a higher CAGR when compared to global tele-clinic & hospitals by 2021. The major reasons for this healthy growth can be attributed to the technology connectivity initiatives taken by the governments and a rise in number of tech savvy people across the globe. Another major reason for up-surged demand of telemedicine can be attributed to the nature of diseases. For instance, in backward areas, skin related diseases are the biggest problem at present. Not only that, the jumping back nature of skin diseases even after having a proper treatment is making the situation even more worse. As a result, tele-dermatology is estimated to have the largest market share at 19% in 2015, globally.
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Speaking on a global level, the North America has the highest market size followed by Asia-Pacific and Europe, currently. Owing to factors like affordable care act, ICD-10 implementation, reimbursement and incentive plans for physicians, the U.S. is anticipated to exhibit a CAGR of 15.58% from 2015-2021. This growth rate will push the tele-medicine market in North America in coming years. After North-America, Asia-Pacific is the region that is expected to have the second largest share by 2021. As a result, the focus of technology providers can be seen shifting from Europe to Asia. GE, Philips, Honeywell etc. are some of the global telemedicine technology providers at present.
Table of Contents:
1. List of Figures
2. List of Tables
3. Executive Summary
4. Research Methodology
5. Telemedicine-Overview
5.1 Introduction
6. Global Telemedicine Industry Overview
7. Global Telemedicine Market Size by Region
7.1 North America Telemedicine Market Size
7.1.1 U.S. Telemedicine Market Size
7.1.2 Canada Telemedicine Market Size
7.2 Europe Telemedicine Market Size
7.3 Asia-Pacific Telemedicine Market Size
7.3.1 India Telemedicine Market Size
7.4 Rest of the World (ROW)
8. Global Telemedicine Market Segmentation by Users
8.1 By Tele clinics/hospitals
8.2 By Tele Home
9. Global Telemedicine Market by Applications
9.1 Tele-Radiology
9.2 Tele-dermatology
9.3 Tele-gynaecology
9.4 Tele-Neurology
9.5 Tele-Cardiology
9.6 Tele-Psychiatry
9.7 Tele-Pathology
10. Global Telemedicine Market Dynamic
10.1 Drivers
10.2 Restraints
11. Porter's Five Force Model Analysis
12. Global Telemedicine Government Initiatives by Region
12.1 North America
12.1.1 USA
12.1.2 Canada
12.2 Africa
12.2.1 Ghana
12.2.2 Kenya
12.2.3 Botswana
12.2.4 Nigeria
12.2.5 Zimbabwe
12.3 ASIA
12.4 Europe
12.4.1 UK
12.4.2 Germany
12.5 Middle East
12.5.1 UAE
13. Risk Analysis
13.1 Supply Risk - Low
13.2 Demand Risk - Medium
14. Market Attractiveness
15. Basis Point Scale analysis (BPS)
16. Competitive Landscape
16.1 AMD Global Telemedicine INC
16.1.1 Business Overview
16.1.2 Product & Services
16.1.3 Financials
16.1.4 Recent News & Developments
16.2 Philips Healthcare
16.2.1 Business Overview
16.2.2 Product & Services
16.2.3 Financials
16.2.4 Recent News & Developments
16.3 GE Healthcare
16.3.1 Business Overview
16.3.2 Product & Services
16.3.3 Financials
16.3.4 Recent News & Developments
16.4 Aerotel Medical Systems
16.4.1 Business Overview
16.4.2 Products and services
16.4.3 Recent News & Developments
16.5 Allscripts Healthcare Solutions Inc.
16.5.1 Business Overview
16.5.2 Products & Services
16.5.3 Financials
16.5.4 Recent News & Developments
16.6 Honeywell Life Care Solutions
16.6.1 Business Overview
16.6.2 Product & Services
16.6.3 Financials
16.6.4 Recent News & Developments
16.7 McKesson Corporation
16.7.1 Business Overview
16.7.2 Product & Services
16.7.3 Financials
16.7.4 Recent News & Developments
16.8 Cerner Corporation
16.8.1 Business Overview
16.8.2 Products & Services
16.8.3 Financials
16.8.4 Recent News & Developments
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List of Tables
Table 16- 1: Philips healthcare - Revenue (Euro Million), 2012, 2013 & 2014
Table 16- 2: Philips healthcare - Research and Development expenses (Euro Million), 2012, 2013 & 2014
Table 16- 3: GE healthcare revenue (USD Millions) 2012, 2013 & 2014
Table 16- 4: Allscripts Healthcare Solutions, Inc. - Revenue (USD Billion), 2012, 2013 & 2014
Table 16- 5: Allscripts Healthcare Solutions, Inc - Revenue by Solutions & Services (Billion USD), 2013 & 2014
Table 16- 6: Allscripts Healthcare Solutions, Inc - Revenue by Segment (USD Billion ), 2013 & 2014
Table 16- 7: McKesson Revenue (Millions USD), 2013, 2014 & 2015
Table 16- 8: McKesson revenue by segment (Billion USD) 2013, 2014 &2015
Table 16- 9: Mckesson revenue by Sub- Segment (Billion USD) 2013, 2014 & 2015
Table 16- 10: Cerner Corporation - Revenue (Billion USD), 2013 &2014
Table 16- 11: Cerner Corporation - Revenue by Product & Services (Billion USD), 2013 & 2014
Table 16- 12: Cerner Corporation - Revenue by Segment (Billion USD), 2013 & 2014
List of Figures
Figure 6-1: Global Telemedicine Market Size (USD Billion) & Y-O-Y Growth, 2015-2021
Figure 6- 2: World population over 60 (in Millions)
Figure 6- 3: Share of population age 65 and over, 2014
Figure 6- 4: Percentage Share of population age 65 and over 2020
Figure 7- 1: Global - Telemedicine Market Segmentation by Geographies (%), 2014
Figure 7- 2: Global - Telemedicine Market Segmentation by Geographies (%), 2020
Figure 7- 3: North America- Telemedicine Market (Billion USUSD), 2015-2021
Figure 7- 4: US - Telemedicine Market (Billion USD), 2015-2021
Figure 7- 5: Acceptability to adopt Telemedicine in the U.S., 2015
Figure 7- 6: Best Remote Diagnostic Medium for Patients, 2015
Figure 7- 7: Online Visit should Cost to In-Person Visit, Consumers, 2015
Figure 7- 8: Canada-Telemedicine Market (Billion USD), 2015-2021
Figure 7- 9: Europe Telemedicine Market Share, By Country, 2014
Figure 7- 10: Europe-Telemedicine Market (Billion USD), 2015-2021
Figure 7- 11: Asia-Pacific Telemedicine Market (Billion USD), 2015-2021
Figure 7- 12: India-Telemedicine Market (Billion USD), 2015-2021
Figure 7- 13: ROW-Telemedicine Market (Billion USD), 2015-2021
Figure 8- 1: Global - Telemedicine Market Segmentation by Users (%), 2014
Figure 8- 2: Global - Telemedicine Market Segmentation by Users (%), 2021
Figure 8- 3: Global Telemedicine Market Size (USD Billion) By Tele Clinics/Hospitals
Figure 8- 4: Global Telemedicine Market Size (USD Billion) By Tele-home, 2015-2021
Figure 9- 1: Global- Telemedicine Market Share by Applications (%), 2014
Figure 9- 2: Global- Telemedicine Market Revenue (USD Billion) Share by Applications, 2015
Figure 11- 1: Porter`s Five Force Model Analysis
Figure 14- 1: Global Market Attractiveness
Figure 15- 1: Base Point Scale Analysis. 2015-2021
Figure 16- 1: Philips Healthcare - Breakup of Revenue by Business Segments (%), 2014
Figure 16- 2: GE healthcare sub segment revenue 2014
Figure 16- 3: GE healthcare geographical revenue 2014
Figure 16- 4: Cerner Corporation - Breakup of Revenue by Solutions & Services (%), 2014
Figure 16- 5: Cerner Corporation - Breakup of Revenue by Segment (%), 2014
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