[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Telemedicine Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

October 2023 | 139 pages | ID: T3EA11E62892EN
IMARC Group

US$ 2,499.00

E-mail Delivery (PDF), Hard Copy Mail Delivery, CD-ROM Mail Delivery

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
Market Overview:

The global telemedicine market size reached US$ 59.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 218.0 Billion by 2028, exhibiting a growth rate (CAGR) of 21.9% during 2023-2028.

Telemedicine is the remote delivery of healthcare services, such as consultations or assessments, via telephone networks without the requirement for an in-person visit. There are several components to a telemedicine system, such as hardware, software, and a communication channel, that allow information to be exchanged between two geographical locations. Using telecommunication infrastructures, remote delivery of healthcare services can be performed efficiently. In addition to this, follow-up visits, management of chronic conditions, medication management, and specialist consultations can also be managed via text, audio and video conferences. Remote access to physicians not only makes it easier for patients to connect with them, but it can also help reduce overall healthcare costs. As a result, medical practitioners and hospitals alike are looking forward to implementing digital health technologies in their practices.

Telemedicine Market Trends:

The market is majorly driven by the rapid digitization in the medical sector across the globe. This can be attributed to continual technological advancements for making healthcare affordable and accessible to the masses. In addition to this, the integration of advanced technologies, such as machine learning (ML), artificial intelligence (AI), and the Internet of Things (IoT), is resulting in a higher product uptake on the global level. The proliferation of e-visits, along with the rapid expansion of radiology, cardiology, and mental health segments, is resulting in the development of new business and healthcare models, thereby propelling the market. Apart from this, the rising prevalence of chronic diseases, including diabetes and cancer, as well as a lack of adequate healthcare services in underdeveloped regions, is increasing the demand for telemedicine across the globe. Some of the other factors contributing to the market include continuous postponement and cancellation of elective surgeries and appointments due to social distancing norms during COVID-19, fierce market competition among key players, the launch of numerous innovative products, such as smart medicine cabinets, and extensive research and development (R&D) activities.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global telemedicine market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on component, modality, delivery mode, facility, application and end user.

Breakup by Component:

Product

Hardware

Software

Others

Services

Tele-consulting

Tele-monitoring

Tele-education

Breakup by Modality:

Real-time

Store and Forward

Others

Breakup by Delivery Mode:

Web/Mobile

Audio/Text-based

Visualized

Call Centers

Breakup by Facility:

Tele-hospital

Tele-home

Breakup by Application:

Teledermatology

Teleradiology

Telepsychiatry

Telepathology

Telecardiology

Others

Breakup by End User:

Providers

Payers

Patients

Others

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Aerotel Medical Systems (1998) Ltd., Allscripts Healthcare Solutions Inc., AMD Global Telemedicine Inc., American Well Corporation, Cigna Corporation, Cisco Systems Inc., Doxy.me Inc., HealthTap Inc., PlushCare Inc. (Accolade Inc.), SHL Telemedicine, SOC Telemed Inc. (Patient Square Capital), Teladoc Health Inc. and Twilio Inc.

Key Questions Answered in This Report

1. What was the size of the global telemedicine market in 2022?

2. What is the expected growth rate of the global telemedicine market during 2023-2028?

3. What are the key factors driving the global telemedicine market?

4. What has been the impact of COVID-19 on the global telemedicine market?

5. What is the breakup of the global telemedicine market based on the component?

6. What is the breakup of the global telemedicine market based on the modality?

7. What is the breakup of the global telemedicine market based on delivery mode?

8. What is the breakup of the global telemedicine market based on the facility?

9. What is the breakup of the global telemedicine market based on the application?

10. What are the key regions in the global telemedicine market?

11. Who are the key players/companies in the global telemedicine market?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL TELEMEDICINE MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 MARKET BREAKUP BY COMPONENT

6.1 Product
  6.1.1 Market Trends
  6.1.2 Key Segments
    6.1.2.1 Hardware
    6.1.2.2 Software
    6.1.2.3 Others
  6.1.3 Market Forecast
6.2 Services
  6.2.1 Market Trends
  6.2.2 Key Segments
    6.2.2.1 Tele-consulting
    6.2.2.2 Tele-monitoring
    6.2.2.3 Tele-education
  6.2.3 Market Forecast

7 MARKET BREAKUP BY MODALITY

7.1 Real-time
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 Store and Forward
  7.2.1 Market Trends
  7.2.2 Market Forecast
7.3 Others
  7.3.1 Market Trends
  7.3.2 Market Forecast

8 MARKET BREAKUP BY DELIVERY MODE

8.1 Web/Mobile
  8.1.1 Market Trends
  8.1.2 Key Segments
    8.1.2.1 Audio/Text-based
    8.1.2.2 Visualized
  8.1.3 Market Forecast
8.2 Call Centers
  8.2.1 Market Trends
  8.2.2 Market Forecast

9 MARKET BREAKUP BY FACILITY

9.1 Tele-hospital
  9.1.1 Market Trends
  9.1.2 Market Forecast
9.2 Tele-home
  9.2.1 Market Trends
  9.2.2 Market Forecast

10 MARKET BREAKUP BY APPLICATION

10.1 Teledermatology
  10.1.1 Market Trends
  10.1.2 Market Forecast
10.2 Teleradiology
  10.2.1 Market Trends
  10.2.2 Market Forecast
10.3 Telepsychiatry
  10.3.1 Market Trends
  10.3.2 Market Forecast
10.4 Telepathology
  10.4.1 Market Trends
  10.4.2 Market Forecast
10.5 Telecardiology
  10.5.1 Market Trends
  10.5.2 Market Forecast
10.6 Others
  10.6.1 Market Trends
  10.6.2 Market Forecast

11 MARKET BREAKUP BY END USER

11.1 Providers
  11.1.1 Market Trends
  11.1.2 Market Forecast
11.2 Payers
  11.2.1 Market Trends
  11.2.2 Market Forecast
11.3 Patients
  11.3.1 Market Trends
  11.3.2 Market Forecast
11.4 Others
  11.4.1 Market Trends
  11.4.2 Market Forecast

12 MARKET BREAKUP BY REGION

12.1 North America
  12.1.1 United States
    12.1.1.1 Market Trends
    12.1.1.2 Market Forecast
  12.1.2 Canada
    12.1.2.1 Market Trends
    12.1.2.2 Market Forecast
12.2 Asia-Pacific
  12.2.1 China
    12.2.1.1 Market Trends
    12.2.1.2 Market Forecast
  12.2.2 Japan
    12.2.2.1 Market Trends
    12.2.2.2 Market Forecast
  12.2.3 India
    12.2.3.1 Market Trends
    12.2.3.2 Market Forecast
  12.2.4 South Korea
    12.2.4.1 Market Trends
    12.2.4.2 Market Forecast
  12.2.5 Australia
    12.2.5.1 Market Trends
    12.2.5.2 Market Forecast
  12.2.6 Indonesia
    12.2.6.1 Market Trends
    12.2.6.2 Market Forecast
  12.2.7 Others
    12.2.7.1 Market Trends
    12.2.7.2 Market Forecast
12.3 Europe
  12.3.1 Germany
    12.3.1.1 Market Trends
    12.3.1.2 Market Forecast
  12.3.2 France
    12.3.2.1 Market Trends
    12.3.2.2 Market Forecast
  12.3.3 United Kingdom
    12.3.3.1 Market Trends
    12.3.3.2 Market Forecast
  12.3.4 Italy
    12.3.4.1 Market Trends
    12.3.4.2 Market Forecast
  12.3.5 Spain
    12.3.5.1 Market Trends
    12.3.5.2 Market Forecast
  12.3.6 Russia
    12.3.6.1 Market Trends
    12.3.6.2 Market Forecast
  12.3.7 Others
    12.3.7.1 Market Trends
    12.3.7.2 Market Forecast
12.4 Latin America
  12.4.1 Brazil
    12.4.1.1 Market Trends
    12.4.1.2 Market Forecast
  12.4.2 Mexico
    12.4.2.1 Market Trends
    12.4.2.2 Market Forecast
  12.4.3 Others
    12.4.3.1 Market Trends
    12.4.3.2 Market Forecast
12.5 Middle East and Africa
  12.5.1 Market Trends
  12.5.2 Market Breakup by Country
  12.5.3 Market Forecast

13 SWOT ANALYSIS

13.1 Overview
13.2 Strengths
13.3 Weaknesses
13.4 Opportunities
13.5 Threats

14 VALUE CHAIN ANALYSIS

15 PORTERS FIVE FORCES ANALYSIS

15.1 Overview
15.2 Bargaining Power of Buyers
15.3 Bargaining Power of Suppliers
15.4 Degree of Competition
15.5 Threat of New Entrants
15.6 Threat of Substitutes

16 PRICE ANALYSIS

17 COMPETITIVE LANDSCAPE

17.1 Market Structure
17.2 Key Players
17.3 Profiles of Key Players
  17.3.1 Aerotel Medical Systems (1998) Ltd.
    17.3.1.1 Company Overview
    17.3.1.2 Product Portfolio
  17.3.2 Allscripts Healthcare Solutions Inc.
    17.3.2.1 Company Overview
    17.3.2.2 Product Portfolio
    17.3.2.3 Financials
    17.3.2.4 SWOT Analysis
  17.3.3 AMD Global Telemedicine Inc.
    17.3.3.1 Company Overview
    17.3.3.2 Product Portfolio
  17.3.4 American Well Corporation
    17.3.4.1 Company Overview
    17.3.4.2 Product Portfolio
    17.3.4.3 Financials
  17.3.5 Cigna Corporation
    17.3.5.1 Company Overview
    17.3.5.2 Product Portfolio
    17.3.5.3 Financials
    17.3.5.4 SWOT Analysis
  17.3.6 Cisco Systems Inc.
    17.3.6.1 Company Overview
    17.3.6.2 Product Portfolio
    17.3.6.3 Financials
    17.3.6.4 SWOT Analysis
  17.3.7 Doxy.me Inc.
    17.3.7.1 Company Overview
    17.3.7.2 Product Portfolio
  17.3.8 HealthTap Inc.
    17.3.8.1 Company Overview
    17.3.8.2 Product Portfolio
  17.3.9 PlushCare Inc. (Accolade Inc.)
    17.3.9.1 Company Overview
    17.3.9.2 Product Portfolio
  17.3.10 SHL Telemedicine
    17.3.10.1 Company Overview
    17.3.10.2 Product Portfolio
  17.3.11 SOC Telemed Inc. (Patient Square Capital)
    17.3.11.1 Company Overview
    17.3.11.2 Product Portfolio
  17.3.12 Teladoc Health Inc.
    17.3.12.1 Company Overview
    17.3.12.2 Product Portfolio
    17.3.12.3 Financials
  17.3.13 Twilio Inc.
    17.3.13.1 Company Overview
    17.3.13.2 Product Portfolio
    17.3.13.3 Financials
    17.3.13.4 SWOT Analysis

LIST OF TABLES

Table 1: Global: Telemedicine Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Telemedicine Market Forecast: Breakup by Component (in Million US$), 2023-2028
Table 3: Global: Telemedicine Market Forecast: Breakup by Modality (in Million US$), 2023-2028
Table 4: Global: Telemedicine Market Forecast: Breakup by Delivery Mode (in Million US$), 2023-2028
Table 5: Global: Telemedicine Market Forecast: Breakup by Facility (in Million US$), 2023-2028
Table 6: Global: Telemedicine Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 7: Global: Telemedicine Market Forecast: Breakup by End User (in Million US$), 2023-2028
Table 8: Global: Telemedicine Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 9: Global: Telemedicine Market: Competitive Structure
Table 10: Global: Telemedicine Market: Key Players

LIST OF FIGURES

Figure 1: Global: Telemedicine Market: Major Drivers and Challenges
Figure 2: Global: Telemedicine Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Telemedicine Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Telemedicine Market: Breakup by Component (in %), 2022
Figure 5: Global: Telemedicine Market: Breakup by Modality (in %), 2022
Figure 6: Global: Telemedicine Market: Breakup by Delivery Mode (in %), 2022
Figure 7: Global: Telemedicine Market: Breakup by Facility (in %), 2022
Figure 8: Global: Telemedicine Market: Breakup by Application (in %), 2022
Figure 9: Global: Telemedicine Market: Breakup by End User (in %), 2022
Figure 10: Global: Telemedicine Market: Breakup by Region (in %), 2022
Figure 11: Global: Telemedicine (Product) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Telemedicine (Product) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Telemedicine (Services) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Telemedicine (Services) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Telemedicine (Real-time) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Telemedicine (Real-time) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Telemedicine (Store and Forward) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Telemedicine (Store and Forward) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Telemedicine (Other Modalities) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Telemedicine (Other Modalities) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Telemedicine (Web/Mobile) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Telemedicine (Web/Mobile) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Telemedicine (Call Centers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Telemedicine (Call Centers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Telemedicine (Tele-hospital) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Telemedicine (Tele-hospital) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Telemedicine (Tele-home) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Telemedicine (Tele-home) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Telemedicine (Teledermatology) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Telemedicine (Teledermatology) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: Telemedicine (Teleradiology) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: Telemedicine (Teleradiology) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Global: Telemedicine (Telepsychiatry) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Global: Telemedicine (Telepsychiatry) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Global: Telemedicine (Telepathology) Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Global: Telemedicine (Telepathology) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Global: Telemedicine (Telecardiology) Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Global: Telemedicine (Telecardiology) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Global: Telemedicine (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Global: Telemedicine (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Global: Telemedicine (Providers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Global: Telemedicine (Providers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Global: Telemedicine (Payers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Global: Telemedicine (Payers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Global: Telemedicine (Patients) Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Global: Telemedicine (Patients) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Global: Telemedicine (Other End Users) Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Global: Telemedicine (Other End Users) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: North America: Telemedicine Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: North America: Telemedicine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: United States: Telemedicine Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: United States: Telemedicine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Canada: Telemedicine Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Canada: Telemedicine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Asia-Pacific: Telemedicine Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Asia-Pacific: Telemedicine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: China: Telemedicine Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: China: Telemedicine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Japan: Telemedicine Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Japan: Telemedicine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: India: Telemedicine Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: India: Telemedicine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: South Korea: Telemedicine Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: South Korea: Telemedicine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Australia: Telemedicine Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Australia: Telemedicine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Indonesia: Telemedicine Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Indonesia: Telemedicine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Others: Telemedicine Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Others: Telemedicine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Europe: Telemedicine Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Europe: Telemedicine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Germany: Telemedicine Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Germany: Telemedicine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: France: Telemedicine Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: France: Telemedicine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: United Kingdom: Telemedicine Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: United Kingdom: Telemedicine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Italy: Telemedicine Market: Sales Value (in Million US$), 2017 & 2022
Figure 80: Italy: Telemedicine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Spain: Telemedicine Market: Sales Value (in Million US$), 2017 & 2022
Figure 82: Spain: Telemedicine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 83: Russia: Telemedicine Market: Sales Value (in Million US$), 2017 & 2022
Figure 84: Russia: Telemedicine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 85: Others: Telemedicine Market: Sales Value (in Million US$), 2017 & 2022
Figure 86: Others: Telemedicine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 87: Latin America: Telemedicine Market: Sales Value (in Million US$), 2017 & 2022
Figure 88: Latin America: Telemedicine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 89: Brazil: Telemedicine Market: Sales Value (in Million US$), 2017 & 2022
Figure 90: Brazil: Telemedicine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 91: Mexico: Telemedicine Market: Sales Value (in Million US$), 2017 & 2022
Figure 92: Mexico: Telemedicine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 93: Others: Telemedicine Market: Sales Value (in Million US$), 2017 & 2022
Figure 94: Others: Telemedicine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 95: Middle East and Africa: Telemedicine Market: Sales Value (in Million US$), 2017 & 2022
Figure 96: Middle East and Africa: Telemedicine Market: Breakup by Country (in %), 2022
Figure 97: Middle East and Africa: Telemedicine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 98: Global: Telemedicine Industry: SWOT Analysis
Figure 99: Global: Telemedicine Industry: Value Chain Analysis
Figure 100: Global: Telemedicine Industry: Porter's Five Forces Analysis


More Publications