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Telemedicine Market Size, Competitive Landscape, Regional Outlook and COVID-19 Impact 2027
Telemedicine Market Size, Competitive Landscape, Regional Outlook and COVID-19 Impact 2027
The global telemedicine market, during the forecast period 2018 to 2023

Telemedicine Market Size, Trends and Growth Analysis By Service Type (Telenursing), Component (Software, Hardware), Deployment (Cloud-Based, On-Premises), Application (Cardiology, Radiology, Dermatology) End Users (Hospitals, Clinics, Home Care) - Global Industry Size, Trends, Growth, Analysis, Share, Forecast till 2027

Telemedicine Market Overview

Telemedicine, as the name suggests, is a field where there is a simultaneous communication between the healthcare provider and the patient. This medical facility connects the doctor to patients who are not physically present with each other. Valuable information can be shared from one computer screen to another. Using this technology patient can see a doctor without standing in queue for their turn. Concept of Telemedicine is still new in the market that is offering some challenges to the developers. Still, in this technological world, it has marked its place due to cost-saving, features and convenience for the patients.

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Telemedicine Market Key Players

The key players for the global telemedicine market are AMD Global Telemedicine, Inc., CardioNet, CareClix, Cerner Corporation, Cisco, GENERAL ELECTRIC, IBM Corporation, Intel Corporation,  Iris Telehealth, Koninklijke Philips N.V., Medtronic, SHL Telemedicine, TeleVital, Aerotel Medical Systems, Allscripts Healthcare Solutions, Cardiocom, Honeywell Lifesciences, Tunstall Healthcare, Care Innovations, Medvivo Group Ltd., Aerotel Medical Systems Ltd., and others.

Recent Industry News

Researchers have a trust that telemedicine technology will grow at a faster pace as there is a fast-growing interest in a virtual consultation. There is a lot less awareness about this technology in the African regions, which is now a significant area of interest for business setters and medical staff. In poverty-ridden areas, this standard of technology will act as a life-saving drug.

Telemedicine Market Segments

Services provided: Telemedicine covers telepharmacy, telenursing, teledermatology and many others

Mechanisms: For a successful running, only two things are required, hardware (like monitors) and software.

Placement: All the data that is shared or stored remains on cloud storage and secondly in the facility, where all the procedure continuous.

Uses: There is no limit to the usage of such technology. It can be used in any field where medical practice is going on.

Consumer: Until now, the leading consumer of Telemedicine are hospitals, clinics and home cares

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