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Telemedicine Technologies Market Growth Due To Increasing Incidence of Chronic Diseases All Over The Globe

  227 delivers in-depth insights in its upcoming report titled “Global Telemedicine Technologies Market Trends, Applications, Analysis, Growth, and Forecast to 2027”. The report offers in-depth insights, revenue details, and other vital information regarding the global telemedicine technologies market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the global telemedicine technologies market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global telemedicine technologies market report has been segmented on the basis of component, applications, end user, and region.

Telemedicine can be defined as the use of telecommunication and information technology to provide clinical health care services from a distance. Use of telemedicine, helps eliminate distance barriers between healthcare service providers and patients. Moreover, application of telemedicine in critical care and emergency situations is highly beneficial for both the patient and physician.

Increasing incidence of chronic diseases all over the globe and rising geriatric population are key drivers for growth of the global telemedicine technologies market. Moreover, technological advancements, increasing burden on existing hospital care due to growing health care demands, and increasing connectivity across the globe are major factors driving growth of the global telemedicine technologies market.

However, high cost of equipment and scarcity of medical practitioners dedicated to telemedicine services are key restraints for growth of the global telemedicine technologies market. Lack of appropriate infrastructure and growing concern among patients about the inadequacy of virtual consultation are major factors affecting growth of the global telemedicine technologies market.

Globally increasing internet penetration in rural and remote areas, and use of technology in healthcare practices are opportunities for major players in the global telemedicine technologies market.

Geographically, North America dominates the telemedicine technologies market in terms of revenue owing to best in class infrastructure, best in industry practices, higher technological usage by citizen & doctors and higher spending by the citizens towards healthcare. North America was followed by Europe and Asia-Pacific as second and third largest markets for telemedicine technologies. The market in Asia Pacific is projected to have the fastest growth in terms of revenue, owing to rapidly developing medical infrastructure, increasing medical tourism, increased spending, and increasing awareness amongst population in emerging nations such as China and India in this region.

Global Telemedicine Technologies Market Segmentation:

Global telemedicine technologies market segmentation by component:

Videoconferencing Unit
Imaging Unit
Vital Sign Unit
Store and Transfer
Chronic Care Management

Global telemedicine technologies market segmentation by applications:

Emergency Care
Internal Medicine

Global telemedicine technologies market segmentation by end user:

Tele hospital
Tele clinics
Tele homes

Global telemedicine technologies market segmentation by region:

North America
Asia Pacific
Latin America
Middle East & Africa

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Key Players:

International Business Machines Corp.
Aerotel Medical Systems Ltd.
Intouch Technologies
Honeywell International Inc.
Medtronic Inc.
Siemens Healthcare
3m Health Information Systems
Agfa Healthcare Nv
Amd Telemedicine Inc