Global Telemedicine Market (by End-Users, Specialty, Component & Region) and Forecast to 2022

Global Telemedicine Market (by End-Users, Specialty, Component & Region) and Forecast to 2022

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Executive Summary

The global market for telemedicine is expected to reach nearly USD64 Billion by 2022. The deployment of telemedicine has significantly changed the healthcare paradigm, due to various technological innovation in the field of medical device and services. The growing geriatric population coupled with rising prevalence of chronic diseases, dearth of healthcare professionals worldwide, improvements in telecommunication infrastructure, and need for affordable treatment options due to rising healthcare costs are some of the factors expected to propel the growth of telemedicine market in the coming years. Some of the key factors inhibiting the growth of telemedicine market include lack of skilled and trained professionals in the remote areas, privacy and security concern and availability of telecommunications bandwidth.

Global Telemedicine Market- by End Users

The telehospitals/teleclinics segment accounted for highest revenue in 2016.

Telehome segment is estimated to grow at the fastest rate during the forecasting period because of the rising inclination towards personalized healthcare.

Global Telehospitals/Teleclinics Market-by Specialty

In 2017, Teleradiology accounted for maximum share of the telehospitals market by specialty, driven by wide usage of this technology for transferring patient's medical reports.

Telecardiology is the second largest application of the telehospitals market being followed by Telepsychiatry.

Teledermatology captures least share of the global telehospitals/teleclinics market.

Global Telemedicine Market-by Component

In terms of component, the services segment commands the largest share of the global telemedicine market.

The software segment is expected to witness the highest growth during the forecast period.

Hardware is the third largest component of telemedicine market being followed by Telecom & Networking which.

Telemedicine Market-Region Analysis

Geographically, the global telemedicine market is dominated by North America and Europe.

North America accounted for lion's share of the total telemedicine market on account of high demand for technologically advanced products.

Europe is the second leading market for telemedicine and is likely to maintain its position throughout the forecasting period.

In the coming years, the telemedicine market is expected to witness the highest growth in the Asia-Pacific region, with emphasis on India, China, and Japan.

This is the 2nd edition report on Telemedicine industry by iGATE RESEARCH. The report titled "Global Telemedicine Market (by End-Users, Specialty, Component & Region) and Forecast to 2022" provides a comprehensive assessment of the fast-evolving, high-growth Global Telemedicine Market.

This 158 Page report with 42 Figures and 9 Tables has been analyzed from 9 viewpoints:

1. Global Telemedicine Market and Forecast (2009-2022)

2. Global Telemedicine Market Share and Forecast (2009-2022)

3. Global Telemedicine Market and Forecast-by End-Users (2009-2022)

4. Global Telehospitals/Teleclinics Market and Forecast-by Specialty (2009-2022)

5. Global Telemedicine Market and Forecast-by Component (2009-2022)

6. Telemedicine Market and Forecast-by Region (2009-2022)

7. Global Telemedicine Market-Mergers and Acquisitions (2013-2017)

8. Global Telemedicine Market-Driving Factors and Challenges

9. Global Telemedicine Market-Company Profiles, Revenue and Recent Developments

Global Telemedicine Market and Forecast-by End-Users (2009-2022)

1. Telehospitals/Teleclinics

2. Telehome

Based on Specialty Telehospitals/Teleclinics market is further segmented into







Global Telemedicine Market and Forecast-by Component (2009-2022)

1. Services

2. Hardware

3. Software

4. Telecom and Networking

Global Telemedicine Market and Forecast-by Region (2009-2022)

1. North America

2. Europe

3. Asia-Pacific

4. Rest of the World

Global Telemedicine Market-Company Profiles and Recent Developments

1. McKesson Corporation

2. Philips Healthcare

3. GE Healthcare Ltd.

4. IBM

5. Cerner Corporation

6. AMD Global Telemedicine, Inc

7. Cisco Systems, Inc

8. Honeywell Life Care Solutions

9. Medtronic plc

Data Sources

iGATE RESEARCH employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. This report is built by using data and information sourced from Proprietary Information Database, Primary and Secondary Research Methodologies, and In house analysis by iGATE Research dedicated team of qualified professionals with deep industry experience and expertise.

Research Methodologies

Primary Research Methodologies: Questionnaires, Surveys, Interviews with Individuals, Small Groups, Telephonic Interview, etc.

Secondary Research Methodologies: Printable and Non-printable sources, Newspaper, Magazine and Journal Content, Government and NGO Statistics, white Papers, Information on the Web, Information from Agencies Such as Industry Bodies, Companies Annual Report, Government Agencies, Libraries and Local Councils and a large number of Paid Databases.

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Ankur Gupta, Head Marketing & Communications


1. Executive Summary

2. Global Telemedicine Market and Forecast (2009-2022)

3. Global Telemedicine Market and Forecast-by End-Users (2009-2022)

3.1 Global Telehospitals/Teleclinics Market and Forecast

3.2 Global Telehome Market and Forecast

4. Global Telemedicine Market Share and Forecast (2009-2022)

4.1 Global Telemedicine Market Share and Forecast-by End-Users

4.2 Global Telehospitals/Teleclinics Market Share and Forecast-by Specialty

4.3 Global Telemedicine Market Share and Forecast-by Component

4.4 Global Telemedicine Market Share and Forecast-by Region

5. Global Telehospitals/Teleclinics Market and Forecast-by Specialty (2009-2022)

5.1 Global Teleradiology Market and Forecast

5.2 Global Telecardiology Market and Forecast

5.3 Global Telepsychiatry Market and Forecast

5.4 Global Telepathology Market and Forecast

5.5 Global Teledermatology Market and Forecast

5.6 Global Others Market and Forecast

6. Global Telemedicine Market and Forecast-by Component (2009-2022)

6.1 Global Telemedicine Services Market and Forecast

6.2 Global Telemedicine Hardware Market and Forecast

6.3 Global Telemedicine Software Market and Forecast

6.4 Global Telemedicine Telecom and Networking Market and Forecast

7. Global Telemedicine Market and Forecast-by Region (2009-2022)

7.1 North America-Telemedicine Market and Forecast

7.2 Europe-Telemedicine Market and Forecast

7.3 Asia Pacific-Telemedicine Market and Forecast

7.4 Rest of the World (RoW)-Telemedicine Market and Forecast

8. Global Telemedicine Market-Mergers and Acquisitions

9. Global Telemedicine Market-Driving Factors

9.1 Changing Healthcare Paradigm: Inevitable Need for Telemedicine

9.2 Physician Shortage

9.3 Growing Medicare Reimbursement for Telehealth Services

9.4 Increasing Chronic Diseases

9.5 Increasing Number of Aging Patients Requiring Daily Care

9.6 Growing Investment in Telemedicine and Improved Technology Infrastructure

9.7 Moving from Treatment to Early Intervention

9.8 Increasing Focus of Companies on Telemedicine

9.9 Increasing Acceptance of Telemedicine by Patients

10. Global Telemedicine Market-Challenges

10.1 Technical Challenges

10.2 Availability of Telecommunications Bandwidth

10.3 Privacy and Security Concern

10.4 Medical Liability and Malpractice Issues

10.5 Other Challenges Restricting Market Growth

11. Company Profiles

11.1 McKesson Corporation

11.1.1 Company Overview and Revenue

11.1.2 Recent Developments

11.2 Philips Healthcare

11.2.1 Company Overview and Revenue

11.2.2 Recent Developments

11.3 GE Healthcare Ltd.

11.3.1 Company Overview and Revenue

11.3.2 Recent Developments

11.4 IBM

11.4.1 Company Overview and Revenue

11.4.2 Recent Developments

11.5 Cerner Corporation

11.5.1 Company Overview and Revenue

11.5.2 Recent Developments

11.6 AMD Global Telemedicine, Inc.

11.6.1 Company Overview

11.6.2 Recent Developments

11.7 Cisco Systems, Inc.

11.7.1Company Overview and Revenue

11.7.2 Recent Developments

11.8 Honeywell Life Care Solutions

11.8.1 Company Overview

11.8.2 Recent Developments

11.9 Medtronic plc

11.9.1 Company Overview and Revenue

11.9.2 Recent Developments

List of Figures:

Figure 2-1: Global-Telemedicine Market (Million USD), 2009-2017

Figure 2-2: Global-Forecast for Telemedicine Market (Million USD), 2018-2022

Figure 3-1: Global-Telehospitals/Teleclinics Market (Million USD), 2009-2017

Figure 3-2: Global-Forecast for Telehospitals/Teleclinics Market (Million USD), 2018-2022

Figure 3-3: Global-Telehome Market (Million USD), 2009-2017

Figure 3-4: Global-Forecast for Telehome Market (Million USD), 2018-2022

Figure 5-1: Global-Teleradiology Market (Million USD), 2009-2017

Figure 5-2: Global-Forecast for Teleradiology Market (Million USD), 2018-2022

Figure 5-3: Global-Telecardiology Market (Million USD), 2009-2017

Figure 5-4: Global-Forecast for Telecardiology Market (Million USD), 2018-2022

Figure 5-5: Global-Telepsychiatry Market (Million USD), 2009-2017

Figure 5-6: Global-Forecast for Telepsychiatry Market (Million USD), 2018-2022

Figure 5-7: Global-Telepathology Market (Million USD), 2009-2017

Figure 5-8: Global-Forecast for Telepathology Market (Million USD), 2018-2022

Figure 5-9: Global-Teledermatology Market (Million USD), 2009-2017

Figure 5-10: Global-Forecast for Teledermatology Market (Million USD), 2018-2022

Figure 5-11: Global-Others Market (Million USD), 2009-2017

Figure 5-12: Global-Forecast for Others Market (Million USD), 2018-2022

Figure 6-1: Global-Telemedicine Services Market (Million USD), 2009-2017

Figure 6-2: Global-Forecast for Telemedicine Services Market (Million USD), 2018-2022

Figure 6-3: Global-Telemedicine Hardware Market (Million USD), 2009-2017

Figure 6-4: Global-Forecast for Telemedicine Hardware Market (Million USD), 2018-2022

Figure 6-5: Global-Telemedicine Software Market (Million USD), 2009-2017

Figure 6-6: Global-Forecast for Telemedicine Software Market (Million USD), 2018-2022

Figure 6-7: Global-Telemedicine Telecom and Networking Market (Million USD), 2009-2017

Figure 6-8: Global-Forecast for Telemedicine Telecom and Networking Market (Million USD), 2018-2022

Figure 7-1: North America-Telemedicine Market (Million USD), 2009-2017

Figure 7-2: North America-Forecast for Telemedicine Market (Million USD), 2018-2022

Figure 7-3: Europe-Telemedicine Market (Million USD), 2009-2017

Figure 7-4: Europe-Forecast for Telemedicine Market (Million USD), 2018-2022

Figure 7-5: Asia Pacific-Telemedicine Market (Million USD), 2009-2017

Figure 7-6: Asia Pacific-Forecast for Telemedicine Market (Million USD), 2018-2022

Figure 7-7: Rest of the World-Telemedicine Market (Million USD), 2009-2017

Figure 7-8: Rest of the World-Forecast for Telemedicine Market (Million USD), 2018-2022

Figure 9-1: United States-Medicare Reimbursement for Telehealth Services (Million USD), 2008-2016

Figure 11-1: McKesson Corporation-Revenue (Billion USD), 2011-2016

Figure 11-2: Philips Healthcare-Sales (Billion USD), 2010-2015

Figure 11-3: GE Healthcare-Revenue (Billion USD), 2010-2016

Figure 11-4: IBM-Revenue (Billion USD), 2010-2016

Figure 11-5: Cerner Corporation-Revenue (Billion USD), 2010-2016

Figure 11-6: Cisco Systems, Inc.- Revenue (Billion USD), 2010-2017

Figure 11-7: Medtronic plc-Sales (Billion USD), 2010-2016

List of Tables:

Table 4-1: Global-Telemedicine Market Share (Percent), 2009-2017

Table 4-2: Global-Forecast for Telemedicine Market Share (Percent), 2018-2022

Table 4-3: By Specialty-Telehospitals/Teleclinics Market Share (Percent), 2009-2017

Table 4-4: By Specialty-Forecast for Telehospitals/Teleclinics Market Share (Percent), 2018-2022

Table 4-5: By Component-Telemedicine Market Share (Percent), 2009-2017

Table 4-6: By Component-Forecast for Telemedicine Market Share (Percent), 2018-2022

Table 4-7: By Region-Telemedicine Market Share (Percent), 2009-2017

Table 4-8: By Region-Forecast for Telemedicine Market Share (Percent), 2018-2022

Table 8-1: Global Telemedicine Market-Mergers and Acquisitions, 2013-2017

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