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Global Telemedicine Market Share & Size to 2023: Expected to Witness a CAGR of 18.83% - ResearchAndMarkets.com

December 7, 2018

DUBLIN--(BUSINESS WIRE)--Dec 7, 2018--The “Telemedicine Market Share, Analysis, Size - Segmented by Type (Telehospitals, Telehomes, mHealth (mobile health), by Clinical Service, by Technology, by Mode of Delivery and Geography - Growth, Trends, and Forecast (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.

The global telemedicine market was valued at USD 32,842.48 million in 2017 and is expected to witness a CAGR of 18.83% over the period 2018-2023.

The telemedicine market is driven by the rise of healthcare costs, technological innovations, the trend of remote patient monitoring, and the rising prevalence of chronic diseases.

In spite of the great scope for growth, there are some factors restraining the market, which include legal and reimbursement issues, high initial capital requirements, lack of physician support, and poor cases of implementation.

Key Highlights

Growing Medicare Reimbursement for Telehealth Services Boost Telemedicine Market Growth Privacy & Security Concerns in Telehealth to Hinder Market Growth North America is the leader in Telemedicine Market

Developments in the Market

BioTelemetry, Inc., announced a partnership with Apple Inc. to provide cardiac monitoring services in conjunction with the Apple Heart Study Telcare, (a division of BioTelemetry) the manufacturer of the world’s first FDA-cleared cellular-enabled blood glucose monitor, entered into a strategic collaboration with Onduo, a joint venture created by Verily (an Alphabet company) and Sanofi.

Topics Covered

1. Introduction

2. Research Methodology

3. Executive Summary

4. Key Inferences

5. Market Overview

6. Drivers, Restraints, Opportunities and Challenges (DROCs) Analysis

7. Market Segmentation

8. Telemedicine Market Competitive Landscape & Company Profiles

Allscripts Healthcare Solutions Inc. Aerotel Medical Systems AMD Global Telemedicine Bio Telemetry Honeywell Life Care Solutions InTouch Technologies Medtronic Philips SHL Telemedicine Ltd.

For more information about this report visit https://www.researchandmarkets.com/research/f7xw8g/global?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181207005449/en/

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KEYWORD:

INDUSTRY KEYWORD: HEALTH OTHER HEALTH

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 12/07/2018 01:25 PM/DISC: 12/07/2018 01:25 PM

http://www.businesswire.com/news/home/20181207005449/en

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