The Telemedicine Services Global Market Report 2020-30 by The Business Research Company describes and explains the global telemedicine services market and covers 2015 to 2020, termed the historic period, and 2020 to 2025, termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
The Telemedicine Services Global Market Opportunities And Strategies Report covers telemedicine services market drivers, telemedicine services market trends, telemedicine services market segments, telemedicine services market growth rate, telemedicine services market major players, and telemedicine services market size.
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The telemedicine services market report focuses particularly on identifying the trends, opportunities, and strategies that can lead to success. O&S reports are available off the shelf and can be delivered to clients on the day of purchase.
Telemedicine Services Global Market Opportunities And Strategies Report is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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Trends in the market include:
Implementing Internet Of Things –
The implementation and integration of the internet of things (IoT) with telemedicine can play a major role in the real-time health monitoring of patients. With the onset of the Covid-19 pandemic, hospitals and doctors’ offices are becoming hotspots for the virus to spread, whereas using IoT to monitor and provide treatment to patients from the comfort of their houses or offices is a much safer and more convenient approach, especially with the geriatric population being more prone to diseases. IoT is gradually helping medical providers offer a quality of care that could be better than in-person treatment centers. IoT enables doctors to pull up all the information from connected systems which will play a major role in patient monitoring. Another advantage of IoT linked to telemedicine is the increase in medicinal compliance by automatically setting a reminder for patients to take the prescribed medicines. For example, Pillsy is a smart medication bottle that connects to an app and reminds the patient to take the pills and warns against double doses, and has a sharing feature to alert loved ones that the patient is not taking the medication as prescribed.
Using Artificial Intelligence –
One of the latest trends in the telemedicine market is the integration and implementation of artificial intelligence (AI). The use of artificial intelligence can be used to provide automated interaction with the patient during critical times or when the doctors are not available. AI based healthcare chatbots can be programmed with information related to symptoms, medication, treatment, doctors, and other conditions. These AI chatbots can save patients and doctors a lot of time and effort. Apart from this AI applications can really improve the speed and accuracy of the diagnosis and treatment. For example, the US Food and Drug Administration (FDA) approved the first AI based diagnostic device which was programmed for eye diagnosis by examining and taking pictures of the retina. Once the photos are uploaded, the algorithm checks and verifies the pictures for possible indications of diabetic retinopathy. This system was able to correctly identify the disorder by the software in 87% of the given cases, and it correctly identified individuals without the disease 90% of the time.
The market report is segmented:
By Technology Outlook-
1.Real Time
2.Store and Forward
By Application –
1.Telecardiology
2.Telepsychiatry
3.Teledermatalogy
4.Teleradiology
5.Telepathology
6.Other Telemedicine Services
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