Overview and Scope
Telemedicine equipment refers to the hardware and software tools healthcare professionals use to deliver remote medical care to patients. It enables healthcare providers to assess, diagnose, educate, and treat patients remotely, eliminating the need for in-person visits. This technology offers convenience, increased healthcare accessibility, reduced disease exposure, and enhanced medication adherence.
Sizing and Forecast
The telemedicine equipment market size has grown rapidly in recent years. It will grow from $5.02 billion in 2023 to $5.92 billion in 2024 at a compound annual growth rate (CAGR) of 18.0%. The growth in the historic period can be attributed to increasing demand for remote healthcare services, advancements in technology enabling telemedicine solutions, rising healthcare costs and the need for cost-effective alternatives, improving internet connectivity and infrastructure, growing awareness and acceptance of telemedicine among healthcare professionals and patients.
The telemedicine equipment market size is expected to see rapid growth in the next few years. It will grow to $11.25 billion in 2028 at a compound annual growth rate (CAGR) of 17.4%. The growth in the forecast period can be attributed to adoption of 5G technology for enhanced connectivity, increasing global aging population and chronic diseases, government initiatives promoting telehealth services, integration of artificial intelligence in telemedicine solutions, expanding telemedicine in emerging markets. Major trends in the forecast period include technological advancements, product innovations, investments, partnerships.
Order your report now for swift delivery, visit the link:
https://www.thebusinessresearchcompany.com/report/telemedicine-equipment-global-market-report
Segmentation & Regional Insights
The telemedicine equipment market covered in this report is segmented –
1) By Product: Telemedicine Cart, Telemedicine Kit, Telemedicine Kiosk, Peripherals
2) By Application: Teleradiology, Telepsychiatry, Telepathology, Teledermatology, Telecardiology, Other Applications
3) By End User: Hospitals, Clinics, Specialty centers, Home care settings, Other End Users
North America was the largest region in the telemedicine equipment market in 2023. The regions covered in the telemedicine equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Intrigued to explore the contents? Secure your hands-on a free sample copy of the report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14213&type=smp
Major Driver Impacting Market Growth
The growing prevalence of infectious diseases is expected to fuel the growth of the telemedicine equipment market going forward. Infectious diseases refer to illnesses caused by pathogenic microorganisms, such as bacteria, viruses, parasites, or fungi, that can be transmitted from person to person or from animal to human. Telemedicine allows healthcare providers to conduct remote consultations, enabling patients to receive medical advice and guidance without physically visiting a healthcare facility. For instance, in July 2022, according to the Australian Institute of Health and Welfare (AIHW), an agency under the Australian Government, the cases of leptospirosis in Australia saw a significant surge, with a percentage increase of approximately 154%, rising from 97 reported cases in 2020 to 247 in 2021. Therefore, the growing prevalence of infectious diseases is driving the growth of the telemedicine equipment market.
Key Industry Players
Major companies operating in the telemedicine equipment market are International Business Machines Corporation, Medtronic plc, Koninklijke Philips N.V., Resideo Technologies Inc. , Allscripts Healthcare Solutions Inc., Omron Healthcare Inc., AFC Industries Inc., Wellspect Health , American Well Corporation, BioTel Systems Inc., CloudMD Software and Services Inc., Iris Telehealth Inc., TytoCare Inc., Butterfly Network Inc., AliveCor Inc., AMD Global Telemedicine Inc., iHealth Labs Inc., InTouch Technologies Inc., Visionary Medical Devices Inc., Eko Devices Inc., MedWand Technologies Inc., Welch Allyn Inc., BioIntelliSense Inc., CarePredict Inc., Cloud DX Inc., Parsys Medical Inc.
The telemedicine equipment market report table of contents includes:
- Executive Summary
- Telemedicine Equipment Market Characteristics
- Telemedicine Equipment Market Trends And Strategies
- Telemedicine Equipment Market – Macro Economic Scenario
- Global Telemedicine Equipment Market Size and Growth
…………..
- Global Telemedicine Equipment Market Competitive Dashboard
- Key Mergers And Acquisitions In The Telemedicine Equipment Market
- Telemedicine Equipment Market Future Outlook and Potential Analysis
- Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Telemedicine Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Telemedicine Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Telemedicine Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
………….
Table 74: International Business Machines Corporation Financial Performance
Table 75: Medtronic plc Financial Performance
Table 76: Koninklijke Philips N.V. Financial Performance
Table 77: Resideo Technologies Inc. Financial Performance
Table 78: Allscripts Healthcare Solutions Inc. Financial Performance
Explore the trending research reports from TBRC:
https://goodprnews.com/digital-process-automation-market-size/
https://topprnews.com/residential-heat-pump-market-trends/
Learn About Us:
The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
