Global Teleconsultation Market, By Type (Tele-Hospital, Tele-Home), Component (Product, Services), Application (Teleradiology, Telepsychiatry, Telepathology, Teledermatology, Telecardiology, Others), Delivery Mode (Web/Mobile, Call Centers), Technology (Store and Forward, Real Time, Others), End-Users (Healthcare Facilities, Homecare, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2027
Teleconsultation market is expected to gain market growth at a potential rate of 18.70% in the forecast period of 2020 to 2027 and is expected to reach a value of USD 30.34 million by 2027. The increasing case of COVID-19 infections across the globe is the driving factor for the market growth.
Increasing incidence of chronic diseases will accelerate the market growth in the forecast period of 2020 to 2027. Some other factors such as technological development related to mobile phones and internet, increased pressure to enhance the quality of care and lessen burden on medical professionals, rising number of smartphone users and favorable government initiatives will also propel the growth of the market in the above mentioned forecast period. On the other hand, growing need for cost-saving in healthcare delivery will further create new opportunities that will impact the teleconsultation market growth in the above mentioned forecast period.
Safety and privacy concerns along with lack of knowledge and trust in emerging countries will hamper the growth of the market in the forecast period of 2020 to 2027.
This teleconsultation market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To gain more info on teleconsultation market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Teleconsultation Market Scope and Market Size
Teleconsultation market is segmented on the basis of type, component, application, delivery mode, technology and end-users. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Based on type, the teleconsultation market is segmented into tele-hospital and tele-home.
- On the basis of component, the teleconsultation market is segmented into product and services.
- Based on application, the teleconsultation market is segmented into teleradiology, telepsychiatry, telepathology, teledermatology, telecardiology and others.
- On the basis of delivery mode, the teleconsultation market is segmented into web/mobile and call centers. Web/mobile is further segmented into telephonic and visualized.
- On the basis of technology, the teleconsultation market is segmented into store and forward, real time and others.
- Teleconsultation market is also segmented on the basis of end-users into healthcare facilities, homecare and others.
Teleconsultation Market Country Level Analysis
Teleconsultation market is analyzed and market size information is provided by country, type, component, application, delivery mode, technology and end-users as referenced above.
The countries covered in the teleconsultation market report are the U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa.
North America dominates the teleconsultation market due to increasing demand for telemedicine in the region while the Asia-Pacific region is expected to grow at the highest growth rate in the forecast period of 2020 to 2027 because of rising demand for telemedicine and healthcare support and emerging economies including China and India.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Teleconsultation market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for teleconsultation market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the teleconsultation market. The data is available for historic period 2010 to 2018.
Competitive Landscape and Teleconsultation Market Share Analysis
Teleconsultation market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to teleconsultation market.
The major players covered in the teleconsultation report are Allscripts Healthcare Solutions Inc, AMD Global Telemedicine, American Well, 3M, BioTelemetry, Blue Sky Telehealth, GE Healthcare, Cerner Corporation, Cisco Systems, Eagle Telemedicine, Honeywell International Inc, InSight, Koninklijke Philips N.V., McKesson Corporation, OBS Medical, SOC Telemed, Specialist Telemed, Teladoc among other domestic and global players. Market share data is available for global, North America, South America, Europe, Asia-Pacific (APAC) and Middle East and Africa (MEA) separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Teleconsultation Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available