Telehealth and Telemedicine Services Market by Type (Services and Software), Delivery Mode (Web-based and Cloud-based), End-user (Patients and Providers), and Region (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
The telehealth and telemedicine services market size was valued at nearly USD 82.4 Bn in 2022 and is anticipated to reach USD 575.2 Bn by 2031, expanding at a CAGR of 24.1% during the forecast period, 2023 – 2031. The growth of the market is attributed to the rising internet coverage and increasing use of smartphones.
Telehealth makes use of patient information gathered digitally and the implementation of communication technologies for providing remote healthcare facilities. Mediums for patient consulting include the usage of smart gadgets and computers. Patients have the freedom of using technology from their place of choice.
Healthcare consultations from clinics, hospitals or mobile vans are provided for needy patients. Healthcare support systems in the form of healthcare mobile applications and websites are improved continuously through reviews of telehealth feedback received from patients.
Telehealth and telemedicine facilities are referred to as e-health or m-health. Patients living in remote communities and countries highly benefit through the use of e-health services. Patients with disabilities for free movement can avail of telehealth and telemedicine facilities as per their desired time and from their place of choice.
Consultations with multiple healthcare experts in the form of doctors, surgeons, and specialists are possible through telehealth and telemedicine services. Improve communication and coordination of care among healthcare team members and a person getting care.
The market report finds that the COVID-19 pandemic propelled the telehealth and telemedicine services market due to the reduced manpower during to lockdowns. Healthcare service providers shifted from traditional consulting to virtual consultation and care methods during the pandemic that boosted the market.
Telehealth and Telemedicine Services Market Dynamics
Major Drivers
Growing influx of technology into healthcare is driving the telehealth and telemedicine services market. Growing penetration of internet services up to the remote areas are expected to further drive the market. Technological advancements in the form of latest smartphone applications with high capabilities of data storage and transmission devices are expected to propel the market.
Existing Restraints
The telehealth & telemedicine services technology is still in its nascent stage. Technological glitches such as call drops and data transmission blackouts are likely to limit its adoption, thereby restraining the market.
Emerging Opportunities
Increasing technological research & developments in the manufacturing of high-speed gadgets for virtual consultations is a major opportunity for the market expansion. The expansion of internet services provides cost reduction for tele consultations for patients, which is expected to provide opportunities in the market in the coming years.
Scope of Telehealth and Telemedicine Services Market Report
The report on the global telehealth and telemedicine services market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
|
Attributes |
Details |
|
Report Title |
Telehealth and Telemedicine Services Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
|
Base Year |
2022 |
|
Historic Data |
2016 – 2021 |
|
Forecast Period |
2023–2031 |
|
Segmentation |
Type (Services and Software), Delivery Mode (Web-based and Cloud-based), and End-user (Patients and Providers) |
|
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
|
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
|
Key Players Covered in the Report |
Koninklijke Philips N.V; OpenTeleHealth; Siemens Healthineers; Medtronic; Grand Rounds Inc.; GE Healthcare; Cerner Corporation (Oracle); MD Live; Doctor On Demand; Teladoc Health Inc.; American Well; MDLIVE Inc.; Global Med; and Dictum Health Inc. |
Telehealth and Telemedicine Services Market Segment Insights
Based on the type, the market is bifurcated into services and software. The services segment is expected to expand at a significant pace during the projection period, owing to the increase in monitoring of patients in real-time. Evolving digital environments in the form of high-end gadgets and data speeds are expected to boost the segment.
The software segment is anticipated to hold a key share of the market, owing to the increasing use of software in providing efficient healthcare facilities and systematic management of workflow. The need for minute patient monitoring with analysis of results is expected to boost the segment during the forecast period.
On the basis of the delivery mode, the telehealth and telemedicine services market is segregated into web-based and cloud-based. The web-based segment is expected to dominate the market during the forecast period owing to the direct access patients get to healthcare portals of cloud services for cost-effective consultations.
The cloud-based delivery segment is expected to expand exponentially in the coming years due to the ease of accessibility in data storage and recovery. Growing implementation of cloud-based delivery systems for enhancement of security of patient sensitive data is anticipated to propel the segment.
Based on the end-user, the telehealth and telemedicine services market is divided into patients and providers. The provider segment is estimated to expand at a significant pace during the projection period, owing to the rapid and seamless access to recorded data of patient health available for health service providers. Insightful decision making through services of e-health are expected to drive the segment.
The patient segment is anticipated to hold a key share of the market, due to the growing number of subscribers through the electronic mediums such as healthcare apps. Time and cost saving is a major advantage of using teleconsultation health services, which is expected to boost the segment in the coming years.
In terms of region, the global telehealth and telemedicine services market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to dominate the market during the projection period owing to growing funding for telehealth and telemedicine growth by government and private institutions coupled. Rising prevalence of chronic diseases due to increasing number geriatric population is expected to fuel the market in Asia Pacific.
The market of Asia Pacific is projected to grow at a rapid pace in the coming years, owing to the limited medical infrastructure in the form of hospitals and clinics in proportion to growing population in countries in Asia Pacific. Increasing tendencies of spending on healthcare and preventive checkups through inline teleconsultations in the region is likely to propel the telehealth and telemedicine services market in Asia Pacific.
Segments
The global telehealth and telemedicine services market has been segmented on the basis of
Type
- Services
- Software
Delivery Mode
- Web-based
- Cloud-based
End-user
- Patients
- Providers
Region
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Koninklijke Philips N.V
- OpenTeleHealth
- Siemens Healthineers
- Medtronic
- Grand Rounds Inc.
- GE Healthcare
- Cerner Corporation (Oracle)
- MD Live
- Doctor On Demand
- Teladoc Health Inc.
- American Well
- MDLIVE Inc.
- Global Med
- Dictum Health Inc.
Competitive Landscape
Key players competing in the telehealth and telemedicine services market are Koninklijke Philips N.V; OpenTeleHealth; Siemens Healthineers; Medtronic; Grand Rounds Inc.; GE Healthcare; Cerner Corporation (Oracle); MD Live; Doctor On Demand; Teladoc Health Inc.; American Well; MDLIVE Inc.; Global Med; and Dictum Health Inc.
These companies adopt strategies such as acquisitions, collaboration, partnerships, mergers, and product launches to expand their consumer base worldwide. The competitive landscape covers key insights into growth strategies adopted by major market players.
- On May 07, 2021, Walmart Health, announced the acquisition of multi-specialty telehealth provider MeMD. This is likely to help Walmart integrate omnichannel health delivery that employs data and technology to health equity and improve engagement.
- In January 2020, Teladoc Health acquired InTouch Health for acquiring of medical facilities. InTouch Health was acquired for about USD 150 million in cash and 4.6 million shares of Teladoc common stocks.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Telehealth and Telemedicine Services Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Telehealth and Telemedicine Services Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Telehealth and Telemedicine Services Market - Supply Chain
4.5. Global Telehealth and Telemedicine Services Market Forecast
4.5.1. Telehealth and Telemedicine Services Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Telehealth and Telemedicine Services Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Telehealth and Telemedicine Services Market Absolute $ Opportunity
5. Global Telehealth and Telemedicine Services Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Telehealth and Telemedicine Services Market Size and Volume Forecast by Types
5.3.1. Services
5.3.2. Software
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Telehealth and Telemedicine Services Market Analysis and Forecast by End Users
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by End Users
6.2.2. Y-o-Y Growth Projections by End Users
6.3. Telehealth and Telemedicine Services Market Size and Volume Forecast by End Users
6.3.1. Patients
6.3.2. Providers
6.4. Absolute $ Opportunity Assessment by End Users
6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global Telehealth and Telemedicine Services Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Telehealth and Telemedicine Services Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Telehealth and Telemedicine Services Demand Share Forecast, 2019-2026
8. North America Telehealth and Telemedicine Services Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Telehealth and Telemedicine Services Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Telehealth and Telemedicine Services Market Size and Volume Forecast by Types
8.4.1. Services
8.4.2. Software
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America Telehealth and Telemedicine Services Market Size and Volume Forecast by End Users
8.7.1. Patients
8.7.2. Providers
8.8. Basis Point Share (BPS) Analysis by End Users
8.9. Y-o-Y Growth Projections by End Users
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Telehealth and Telemedicine Services Demand Share Forecast, 2019-2026
9. Latin America Telehealth and Telemedicine Services Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Telehealth and Telemedicine Services Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Telehealth and Telemedicine Services Market Size and Volume Forecast by Types
9.4.1. Services
9.4.2. Software
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America Telehealth and Telemedicine Services Market Size and Volume Forecast by End Users
9.7.1. Patients
9.7.2. Providers
9.8. Basis Point Share (BPS) Analysis by End Users
9.9. Y-o-Y Growth Projections by End Users
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Telehealth and Telemedicine Services Demand Share Forecast, 2019-2026
10. Europe Telehealth and Telemedicine Services Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Telehealth and Telemedicine Services Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Telehealth and Telemedicine Services Market Size and Volume Forecast by Types
10.4.1. Services
10.4.2. Software
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe Telehealth and Telemedicine Services Market Size and Volume Forecast by End Users
10.7.1. Patients
10.7.2. Providers
10.8. Basis Point Share (BPS) Analysis by End Users
10.9. Y-o-Y Growth Projections by End Users
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Telehealth and Telemedicine Services Demand Share Forecast, 2019-2026
11. Asia Pacific Telehealth and Telemedicine Services Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Telehealth and Telemedicine Services Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Telehealth and Telemedicine Services Market Size and Volume Forecast by Types
11.4.1. Services
11.4.2. Software
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific Telehealth and Telemedicine Services Market Size and Volume Forecast by End Users
11.7.1. Patients
11.7.2. Providers
11.8. Basis Point Share (BPS) Analysis by End Users
11.9. Y-o-Y Growth Projections by End Users
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Telehealth and Telemedicine Services Demand Share Forecast, 2019-2026
12. Middle East & Africa Telehealth and Telemedicine Services Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Telehealth and Telemedicine Services Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Telehealth and Telemedicine Services Market Size and Volume Forecast by Types
12.4.1. Services
12.4.2. Software
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa Telehealth and Telemedicine Services Market Size and Volume Forecast by End Users
12.7.1. Patients
12.7.2. Providers
12.8. Basis Point Share (BPS) Analysis by End Users
12.9. Y-o-Y Growth Projections by End Users
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Telehealth and Telemedicine Services Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Telehealth and Telemedicine Services Market: Market Share Analysis
13.2. Telehealth and Telemedicine Services Distributors and Customers
13.3. Telehealth and Telemedicine Services Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. Koninklijke Philips N.V
13.4.2. OpenTeleHealth
13.4.3. Siemens Healthineers
13.4.4. Medtronic
13.4.5. Grand Rounds Inc.
13.4.6. GE Healthcare
13.4.7. Cerner Corporation (Oracle)
13.4.8. MD Live
13.4.9. Doctor On Demand
13.4.10. Teladoc Health Inc.
13.4.11. American Well
13.4.12. MDLIVE Inc.
13.4.13. Global Med
13.4.14. Dictum Health Inc.
2. Assumptions and Acronyms Used
3. Research Methodology
4. Telehealth and Telemedicine Services Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Telehealth and Telemedicine Services Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Telehealth and Telemedicine Services Market - Supply Chain
4.5. Global Telehealth and Telemedicine Services Market Forecast
4.5.1. Telehealth and Telemedicine Services Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Telehealth and Telemedicine Services Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Telehealth and Telemedicine Services Market Absolute $ Opportunity
5. Global Telehealth and Telemedicine Services Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Telehealth and Telemedicine Services Market Size and Volume Forecast by Types
5.3.1. Services
5.3.2. Software
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Telehealth and Telemedicine Services Market Analysis and Forecast by End Users
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by End Users
6.2.2. Y-o-Y Growth Projections by End Users
6.3. Telehealth and Telemedicine Services Market Size and Volume Forecast by End Users
6.3.1. Patients
6.3.2. Providers
6.4. Absolute $ Opportunity Assessment by End Users
6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global Telehealth and Telemedicine Services Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Telehealth and Telemedicine Services Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Telehealth and Telemedicine Services Demand Share Forecast, 2019-2026
8. North America Telehealth and Telemedicine Services Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Telehealth and Telemedicine Services Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Telehealth and Telemedicine Services Market Size and Volume Forecast by Types
8.4.1. Services
8.4.2. Software
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America Telehealth and Telemedicine Services Market Size and Volume Forecast by End Users
8.7.1. Patients
8.7.2. Providers
8.8. Basis Point Share (BPS) Analysis by End Users
8.9. Y-o-Y Growth Projections by End Users
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Telehealth and Telemedicine Services Demand Share Forecast, 2019-2026
9. Latin America Telehealth and Telemedicine Services Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Telehealth and Telemedicine Services Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Telehealth and Telemedicine Services Market Size and Volume Forecast by Types
9.4.1. Services
9.4.2. Software
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America Telehealth and Telemedicine Services Market Size and Volume Forecast by End Users
9.7.1. Patients
9.7.2. Providers
9.8. Basis Point Share (BPS) Analysis by End Users
9.9. Y-o-Y Growth Projections by End Users
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Telehealth and Telemedicine Services Demand Share Forecast, 2019-2026
10. Europe Telehealth and Telemedicine Services Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Telehealth and Telemedicine Services Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Telehealth and Telemedicine Services Market Size and Volume Forecast by Types
10.4.1. Services
10.4.2. Software
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe Telehealth and Telemedicine Services Market Size and Volume Forecast by End Users
10.7.1. Patients
10.7.2. Providers
10.8. Basis Point Share (BPS) Analysis by End Users
10.9. Y-o-Y Growth Projections by End Users
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Telehealth and Telemedicine Services Demand Share Forecast, 2019-2026
11. Asia Pacific Telehealth and Telemedicine Services Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Telehealth and Telemedicine Services Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Telehealth and Telemedicine Services Market Size and Volume Forecast by Types
11.4.1. Services
11.4.2. Software
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific Telehealth and Telemedicine Services Market Size and Volume Forecast by End Users
11.7.1. Patients
11.7.2. Providers
11.8. Basis Point Share (BPS) Analysis by End Users
11.9. Y-o-Y Growth Projections by End Users
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Telehealth and Telemedicine Services Demand Share Forecast, 2019-2026
12. Middle East & Africa Telehealth and Telemedicine Services Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Telehealth and Telemedicine Services Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Telehealth and Telemedicine Services Market Size and Volume Forecast by Types
12.4.1. Services
12.4.2. Software
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa Telehealth and Telemedicine Services Market Size and Volume Forecast by End Users
12.7.1. Patients
12.7.2. Providers
12.8. Basis Point Share (BPS) Analysis by End Users
12.9. Y-o-Y Growth Projections by End Users
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Telehealth and Telemedicine Services Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Telehealth and Telemedicine Services Market: Market Share Analysis
13.2. Telehealth and Telemedicine Services Distributors and Customers
13.3. Telehealth and Telemedicine Services Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. Koninklijke Philips N.V
13.4.2. OpenTeleHealth
13.4.3. Siemens Healthineers
13.4.4. Medtronic
13.4.5. Grand Rounds Inc.
13.4.6. GE Healthcare
13.4.7. Cerner Corporation (Oracle)
13.4.8. MD Live
13.4.9. Doctor On Demand
13.4.10. Teladoc Health Inc.
13.4.11. American Well
13.4.12. MDLIVE Inc.
13.4.13. Global Med
13.4.14. Dictum Health Inc.
The global telehealth and telemedicine services market has been segmented on the basis of
Type
- Services
- Software
Delivery Mode
- Web-based
- Cloud-based
End-user
- Patients
- Providers
Region
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Koninklijke Philips N.V
- OpenTeleHealth
- Siemens Healthineers
- Medtronic
- Grand Rounds Inc.
- GE Healthcare
- Cerner Corporation (Oracle)
- MD Live
- Doctor On Demand
- Teladoc Health Inc.
- American Well
- MDLIVE Inc.
- Global Med
- Dictum Health Inc.
Key players competing in the telehealth and telemedicine services market are Koninklijke Philips N.V; OpenTeleHealth; Siemens Healthineers; Medtronic; Grand Rounds Inc.; GE Healthcare; Cerner Corporation (Oracle); MD Live; Doctor On Demand; Teladoc Health Inc.; American Well; MDLIVE Inc.; Global Med; and Dictum Health Inc.
These companies adopt strategies such as acquisitions, collaboration, partnerships, mergers, and product launches to expand their consumer base worldwide. The competitive landscape covers key insights into growth strategies adopted by major market players.
- On May 07, 2021, Walmart Health, announced the acquisition of multi-specialty telehealth provider MeMD. This is likely to help Walmart integrate omnichannel health delivery that employs data and technology to health equity and improve engagement.
- In January 2020, Teladoc Health acquired InTouch Health for acquiring of medical facilities. InTouch Health was acquired for about USD 150 million in cash and 4.6 million shares of Teladoc common stocks.
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