About Online Telemedicine Services-
Telemedicine, often known as telehealth or e-medicine, is the remote provision of healthcare services such as exams and consultations over telecommunications infrastructure. Without needing to see patients in person, clinicians can evaluate, diagnose, and treat them via telemedicine. Telemedicine is the term used to describe digital clinical healthcare services. Telemedicine allows patients to talk to a doctor about non-emergency medical matters over the phone or online at a time that is convenient for them. Telemedicine allows people who might otherwise be unable to access certified medical experts to do so. It frequently offers lower service charges. Telemedicine is excellent and highly convenient for anyone with a demanding profession, busy life, or otherwise hectic schedule. Telemedicine is also a very handy option to see a doctor for specific things, like refilling a prescription or exchanging preliminary information, assessing symptoms, or raising concerns about a health condition that doesn't require a physical examination.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The companies operating in these industries are focusing more towards on efficient growth, improvement of operational efficiency and productivity, achieving high safety standards, and focus on maintaining sustainable development. The leading providers are heavily focusing on securing an important position in this industry. They are continuously looking for the opportunity to reinforce their competitive advantage. To meet high market share, and developing socially responsible business company are identifying various strategic pillars such as mergers & acquisitions, new product launches, product enhancement, and others Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Online Telemedicine Services- market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
GE Healthcare (United States), DoctorOnDemand (United States), MeMD (United States), iCoderz Solutions (United States), Teladoc (United States), Amd Global Telemedicine (United States), PlushCare (United States), HealthTap (United States), Amwell (United States), MDLive (United States), LiveHealth Online (United States) and Virtuwell (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Online Telemedicine Services- market by , Application (Hospitals, Clinics, Ambulatory Surgical Centers and Others) and Region.
On the basis of geography, the market of Online Telemedicine Services- has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Services, the sub-segment i.e. Lab Testing will boost the Online Telemedicine Services- market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Platform, the sub-segment i.e. Desktop Computer will boost the Online Telemedicine Services- market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
On 7 May 2021, Walmart Inc.’s health division will buy telehealth company MeMD as demand for virtual care remains elevated for Americans who got used to seeing doctors from their homes during lockdowns.
Market Drivers
- Rising prevalence of chronic conditions
- Increasing Geriatric population as well as need to expand healthcare access
Opportunities
- Increase In Government Expenditure On Healthcare Information (HCIT)
- Rising Digitization In The Healthcare Field And Employment Of 5G Technology
Restraints
- Higher Cost of Data Management Devices and Telecommunication Devices
Challenges
- Security And Privacy Concerns Associated With Patients Data And Lack Of Awareness
Key Target Audience
Online Telemedicine Services Provider, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.