Press Release

Telemedicine Market Growth, Trends, Industry Analysis, Share, Opportunities Forecast till 2026

Telemedicine Market by Top Key Players are SnapMD, Inc., MDLIVE Inc., Encounter Telemedicine, 2nd.MD and more Forecast till 2026

The rise in geriatric population and the increasing demand for proper healthcare and medical services to suffice to their needs is boosting the global telemedicine market says Fortune Business Insights in their new study. The study is titled “Telemedicine Market Size, Share and Global Trend By Type (Products, Services), By Application (Teleradiology, m Telepathology, Teledermatology, Telepsychiatry, Telecardiology, Others), By Modality (Store-and-forward (Asynchronous), Real-time (Synchronous), Others), By End User (Healthcare Facilities, Homecare), and Geography Forecast till 2026”. This report highlights all factors driving and restricting the growth of telemedicine market. The information provided in the report is collected from trusted source, within the forecast period of 2019 to 2026.

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Leading Players operating in the Telemedicine Market are:

  • SnapMD, Inc.
  • MDLIVE Inc.
  • Encounter Telemedicine
  • MD
  • MeMD
  • InTouch Technologies, Inc.
  • GlobalMed

The report covers:

  • Global Telemedicine Market trends, with detailed analysis on consumer trends & manufacturer trends.
  • Overview on supply analysis covering trends across raw material suppliers, technology providers and distributors.
  • Key areas of investments identifying market opportunities and challenges in forecast timeframe.
  • Competitive analysis of the industry players along with the overview on strategic management.
  • Comprehensive company profiles of the major industry players.

Teladoc Health, American Well, and Doctor On Demand Hold Strong Foothold in the Global Market

Doctor On Demand, Teladoc Health, and American Well are enjoying stronghold in the global telemedicine market. Leading companies are focusing on strategies such as company collaboration with domestic players, and mergers and acquisitions to gain a competitive advantage in the market. Some of the other companies functioning in the global market are, SnapMD, Inc., MDLIVE Inc., Encounter Telemedicine, 2nd.MD, MeMD, InTouch Technologies, Inc., GlobalMed, and others.

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Advent of Technology, such as Cardiology and Radiology to Promote Growth of Market

An important factor fueling the demand for telemedicine technology in the world market is the rise in the aged population and their vulnerability towards various health problems. Expansion of healthcare infrastructure and improving healthcare and medical services are promoting the growth of telemedicine software worldwide. In addition, paying frequent visits to the hospital may also be a hassle, especially when dealing with aged people. Telemedicine provides a platform for treating patients without the need to visit clinics and hospitals.

Key Segmentation:

By Type

  • Products
  • Services

By Application

  • Teleradiology
  • Telepathology
  • Teledermatology
  • Telepsychiatry
  • Telecardiology
  • Others

By Modality

  • Store-and-forward (Asynchronous)
  • Real-time (Synchronous)
  • Others

By End User

  • Healthcare Facilities
  • Homecare

By Geography

  • North America (the USA and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico and Rest of Latin America)
  • Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)

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Dale Martinez

Dale possesses an engineering degree in Electronics from the Georgia Institute of Technology. She is the sole contributor at the Healthcare IT column. Before opting to write, Dale worked at major firms such as Microsoft, Amazon, GE, Raytheon, and so on. She possesses vast knowledge about a variety of fields like IT, IoT, Telecommunications, Health Dialysis, photovoltaic, and many others. Dale is also a ballet dancer.

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