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Global Telemedicine Services Market To Reach Value Of $78 Billion In 2023

Telemedicine Services Market Global Report

Telemedicine Services Market Global Report 2020-30: Covid 19 Growth And Change

Telemedicine Services Market Global Report 2020-30: Covid 19 Growth And Change

LONDON, GREATER LONDON, UK, June 12, 2020 /EINPresswire.com/ -- The global telemedicine services market is expected to grow from $39.3 billion in 2019 to $48.3 billion in 2020 at a rate of 23%. The growth is mainly due to the lockdown across countries owing to the COVID-19 outbreak and the preference for contactless medical services. The market is then expected to stabilize and reach $78.3 billion in 2023 at rate of 17.4%. Rising cases of COVID-19 infections across the globe boosts the demand for the telemedicine services market. However, likelihood of breaches in the data makes patients uncomfortable on sharing personal information that would help the physicians to diagnose the patients’ health. This is affecting the telemedicines market negatively.

The telemedicine services market consists of sale of telemedicine services and related products. Telemedicine services are health care services provided via video chat, phone calls, text messages. Patients can use telemedicine for physical examination as well as to ask questions regarding health concerns.

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The global telemedicine services market is further segmented based on type and geography.

By Technology outlook: Store and Foreward; Real-time

By Application: Teleradiology; Telepsychiatry; Telepathology; Teledermatalogy; Telecardiology

By Geography: The global telemedicine services market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, the North American telemedicine services market accounts for the largest share in the global telemedicine services market.

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Trends In The Telemedicine Services Market

Telemedicine is increasingly being accepted and insurance companies and government-regulated health care programs are increasingly covering telemedicine services in their plans. Governments are probing companies to make changes to the policies to cover the services under their schemes.
Telemedicine Services Global Market Report 2020 is one of a series of new reports from The Business Research Company that provides telemedicine services market overviews, analyzes and forecasts telemedicine services market size and growth for the global telemedicine services market, telemedicine services market share, telemedicine services market players, telemedicine services market size, telemedicine services market segments and geographies, telemedicine services market trends, telemedicine services market drivers and telemedicine services market restraints, telemedicine services market’s leading competitors’ revenues, profiles and market shares. The telemedicine services market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Where To Learn More
Read Telemedicine Services Global Market Report 2020 from The Business Research Company for information on the following:
Markets Covered: Global Telemedicine Services Market
Data Segmentations: Telemedicine Services Market Size, Global And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Telemedicine Services Market Organizations Covered: AMD Global Telemedicine, Inc, Philips Healthcare, Cisco Systems, Inc, McKesson Corporation, Allscripts Healthcare Solutions Inc., GE Healthcare Ltd., Cerner Corporation, BioTelemetry, Inc, Teladoc
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa
Time Series: Five years historic (2015-19) and forecast (2019-23)
Other Information And Analyses: PESTEL analysis, telemedicine services market customer information, telemedicine services market product/service analysis – product examples, telemedicine services market trends and opportunities, drivers and restraints, key mergers and acquisitions, key metrics covered: number of enterprises, number of employees, global telemedicine services market in 2020 - countries offering most new opportunities
Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Telemedicine Services Industry: The report explains a number of strategies for companies in the telemedicine services market, based on industry trends and company analysis.
Opportunities For Companies In The Telemedicine Services Sector: The report reveals where the global telemedicine services industry will put on most $ sales up to 2023.
Interested to know more about The Business Research Company?
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets. Here is a list of reports from The Business Research Company similar to the Telemedicine Services Global Market Report 2020:

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