Video Telemedicine Market

Video Telemedicine Market by Applications (Oncology, Cardiology, Dermatology, Radiology, Gynecology, Orthopedics, Dentistry, Pathology, and Neurology), Technology (4G [Wimax, LTE, and Others], 3G [CDMA, GSM, and Others], Asymmetric Digital Subscriber Line, Multimedia Core Network Subsystem IP, Broadband ISDN, Asynchronous Transfer Mode, and Satellite Communications), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: HC-2689
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 186
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The global video telemedicine market size is projected to register a high CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the increasing demand for healthcare services among patients living in rural areas.

Video Telemedicine Market key takeaways

Video telemedicine is the systematic combination of telecommunication and information technologies to provide healthcare services even from a different place. As telemedicine provides easy access to healthcare facilities and connection to experts through various devices over telecommunication systems, expense on the healthcare institutions and system has been substantially reduced. This system of telemedicine technology is more supportive for geriatric patients who are not capable of travel long distances for routine healthcare check-ups. In rural areas where healthcare services are not easily available, patients are largely benefitted from telemedicine for timely and easier access to healthcare professionals in terms of urgent situations.

Market Trends, Drivers, Restraints, and Opportunities

  • Wide prevalence of several diseases and rising demand for healthcare services from patients living in remote and distant place that lack proper access to healthcare facilities are key drivers of the market.
  • Technology advancements in providing advanced telemedicine services of patients from distant places are expected to register lucrative growth of the market.
  • Increasing demand to decrease the overall cost and growing pool of outpatient visits are some of the major factors to positively influence the market growth.
  • Rising prevalence of white coat syndrome, hospital-acquired infection, and growing demand for efficient and quick diagnosis are expected to boost the market growth.
  • Lack of awareness related to telemedicine in less developed countries and lack of skilled and trained professionals to operate telemedicine devices are some of the key challenges that can hamper the growth of the market.

Scope of the Report                          

The report on the global video telemedicine 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

Video Telemedicine Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Applications (Oncology, Cardiology, Dermatology, Radiology, Gynecology, Orthopedics, Dentistry, Pathology, and Neurology), Technology (4G [Wimax, LTE, and Others], 3G [CDMA, GSM, and Others], Asymmetric Digital Subscriber Line, Multimedia Core Network Subsystem IP, Broadband ISDN, Asynchronous Transfer Mode, and Satellite Communications)

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

Life-size Communication Inc.; Vermont Telephone Company; Logitech International S.A.; Cisco Systems Inc.; Premier Global Services Inc.; Sony Corporation; Huawei Technologies Co Ltd.; VSee Lab Inc.; GlobalMed Inc.; and Vidyo Inc.

 

Market Segment Insights

Gynecology segment is expected to grow at a rapid pace

Based on applications, the global video telemedicine market is divided into oncology, cardiology, dermatology, radiology, gynecology, orthopedics, dentistry, pathology, and neurology. The gynecology segment is expected to grow at a rapid pace during the projected period owing to increasing awareness among women regarding their health risk and growing demand for privacy between the healthcare professionals & patients. However, the neurology segment is projected to account for a key share of the market in the coming years due to an increasing incidences of psychiatric consultancy cases and rising pool of long care chronic disorder patients globally.

Video Telemedicine Market by applications

Asymmetric digital subscriber line segment is projected to expand at a considerable CAGR

On the basis of technology, the market is segmented into 4G, 3G, asymmetric digital subscriber line (ADSL), multimedia core network subsystem IP, broadband ISDN, asynchronous transfer mode (ATM), and satellite communications. The 4G segment is further divided into Wimax, LTE, and others; while the 3G segment is sub-segmented into CDMA, GSM, and others. The asymmetric digital subscriber line segment is projected to represent a key share of the market during the forecast period owing to increasing demand for speed, user-friendly technology, and high popularity of ADSL over other technologies. On the other hand, the 4G segment is anticipated to expand at a rapid pace during the forecast period due to increasing demand for quick download rate, data transfer rates, and lower infrastructural cost.

Video Telemedicine Market by technology

North America is anticipated to constitute a key market share

In terms of regions, the global video telemedicine market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market of North America is anticipated to constitute a key share of the market during the projected period owing to implementation in video telemedicine, continuous developments, increasing resource utilization, and growing demand for the avoidance of unnecessary transportation in the region. The market of Asia Pacific, however, is expected to register a high CAGR during the forecast period due to increasing geriatric population, growing population base, rising patent and healthcare practitioners awareness in the region.

Segments

Segments Covered in the Report
The global video telemedicine market has been segmented on the basis of

Applications

  • Oncology
  • Cardiology
  • Dermatology
  • Radiology
  • Gynecology
  • Orthopedics
  • Dentistry
  • Pathology
  • Neurology

Technology

  • 4G
    • Wimax
    • LTE
    • Others
  • 3G
    • CDMA
    • GSM
    • Others
  • Asymmetric Digital Subscriber Line
  • Multimedia Core Network Subsystem IP
  • Broadband ISDN
  • Asynchronous Transfer Mode
  • Satellite Communications

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Life-size Communication Inc.
  • Vermont Telephone Company
  • Logitech International S.A.
  • Cisco Systems Inc.
  • Premier Global Services Inc.
  • Sony Corporation
  • Huawei Technologies Co Ltd.
  • VSee Lab Inc.
  • GlobalMed Inc.
  • Vidyo Inc.

Competitive Landscape

Key players competing in the video telemedicine market are Life-size Communication Inc.; Vermont Telephone Company; Logitech International S.A.; Cisco Systems Inc.; Premier Global Services Inc.; Sony Corporation; Huawei Technologies Co Ltd.; VSee Lab Inc.; GlobalMed Inc.; and Vidyo Inc. The main market players are continuously engaged in certain developmental activities such as mergers, acquisitions, research and developments, investments for innovative products, and collaborations to solidify their market position globally.

Video Telemedicine Market by key players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Video Telemedicine 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. Video Telemedicine Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Video Telemedicine Market - Supply Chain
  4.5. Global Video Telemedicine Market Forecast
     4.5.1. Video Telemedicine Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Video Telemedicine Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Video Telemedicine Market Absolute $ Opportunity
5. Global Video Telemedicine Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Video Telemedicine Market Size and Volume Forecast by Applications
     5.3.1. Oncology
     5.3.2. Cardiology
     5.3.3. Dermatology
     5.3.4. Radiology
     5.3.5. Gynecology
     5.3.6. Orthopedics
     5.3.7. Dentistry
     5.3.8. Pathology
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Video Telemedicine Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Video Telemedicine Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Video Telemedicine Demand Share Forecast, 2019-2026
7. North America Video Telemedicine Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Video Telemedicine Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Video Telemedicine Market Size and Volume Forecast by Applications
     7.4.1. Oncology
     7.4.2. Cardiology
     7.4.3. Dermatology
     7.4.4. Radiology
     7.4.5. Gynecology
     7.4.6. Orthopedics
     7.4.7. Dentistry
     7.4.8. Pathology
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Video Telemedicine Demand Share Forecast, 2019-2026
8. Latin America Video Telemedicine 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
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Video Telemedicine Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Video Telemedicine Market Size and Volume Forecast by Applications
     8.4.1. Oncology
     8.4.2. Cardiology
     8.4.3. Dermatology
     8.4.4. Radiology
     8.4.5. Gynecology
     8.4.6. Orthopedics
     8.4.7. Dentistry
     8.4.8. Pathology
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Video Telemedicine Demand Share Forecast, 2019-2026
9. Europe Video Telemedicine 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. Europe Average Pricing Analysis
  9.2. Europe Video Telemedicine Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Video Telemedicine Market Size and Volume Forecast by Applications
     9.4.1. Oncology
     9.4.2. Cardiology
     9.4.3. Dermatology
     9.4.4. Radiology
     9.4.5. Gynecology
     9.4.6. Orthopedics
     9.4.7. Dentistry
     9.4.8. Pathology
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Video Telemedicine Demand Share Forecast, 2019-2026
10. Asia Pacific Video Telemedicine 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. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Video Telemedicine Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Video Telemedicine Market Size and Volume Forecast by Applications
     10.4.1. Oncology
     10.4.2. Cardiology
     10.4.3. Dermatology
     10.4.4. Radiology
     10.4.5. Gynecology
     10.4.6. Orthopedics
     10.4.7. Dentistry
     10.4.8. Pathology
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Video Telemedicine Demand Share Forecast, 2019-2026
11. Middle East & Africa Video Telemedicine 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. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Video Telemedicine Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Video Telemedicine Market Size and Volume Forecast by Applications
     11.4.1. Oncology
     11.4.2. Cardiology
     11.4.3. Dermatology
     11.4.4. Radiology
     11.4.5. Gynecology
     11.4.6. Orthopedics
     11.4.7. Dentistry
     11.4.8. Pathology
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Video Telemedicine Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Video Telemedicine Market: Market Share Analysis
  12.2. Video Telemedicine Distributors and Customers
  12.3. Video Telemedicine Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Life-size Communication Inc.
     12.4.2. Vermont Telephone Company
     12.4.3. Logitech International S.A.
     12.4.4. Cisco Systems Inc.
     12.4.5. Premier Global Services Inc.
     12.4.6. Sony Corporation
     12.4.7. Huawei Technologies Co Ltd.

Segments Covered in the Report
The global video telemedicine market has been segmented on the basis of

Applications

  • Oncology
  • Cardiology
  • Dermatology
  • Radiology
  • Gynecology
  • Orthopedics
  • Dentistry
  • Pathology
  • Neurology

Technology

  • 4G
    • Wimax
    • LTE
    • Others
  • 3G
    • CDMA
    • GSM
    • Others
  • Asymmetric Digital Subscriber Line
  • Multimedia Core Network Subsystem IP
  • Broadband ISDN
  • Asynchronous Transfer Mode
  • Satellite Communications

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Life-size Communication Inc.
  • Vermont Telephone Company
  • Logitech International S.A.
  • Cisco Systems Inc.
  • Premier Global Services Inc.
  • Sony Corporation
  • Huawei Technologies Co Ltd.
  • VSee Lab Inc.
  • GlobalMed Inc.
  • Vidyo Inc.

Key players competing in the video telemedicine market are Life-size Communication Inc.; Vermont Telephone Company; Logitech International S.A.; Cisco Systems Inc.; Premier Global Services Inc.; Sony Corporation; Huawei Technologies Co Ltd.; VSee Lab Inc.; GlobalMed Inc.; and Vidyo Inc. The main market players are continuously engaged in certain developmental activities such as mergers, acquisitions, research and developments, investments for innovative products, and collaborations to solidify their market position globally.

Video Telemedicine Market by key players

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