Telemedicine Market – Opportunities & Forecast, 2020-2027

1. Report Title Telemedicine Market – Opportunities & Forecast, 2020- 2027 GMI Research GMI Research See the Future Insights 1

2. The GMI Research’s market research report is a professional and in-depth study on the current state of the market, which covers numerous aspects of the industry, such as the market size, market status, market trends, and forecast. The market report also offers brief information related to the competitors and the specific growth opportunities with key market drivers. The Telemedicine Market drivers and trends are as follows: The key factors driving the growth of telemedicine market include the increasing geriatric population, growing prevalence of chronic diseases, enhancements in telecommunication infrastructure, and the lack of healthcare professionals around the world. Moreover, requirement for affordable treatment options and procedures owing to rising healthcare costs are certain factors that are projected to surge the growth of telemedicine market during the forecast period. Furthermore, exponential growth and increase in the development of the telecommunication sector, followed by high disposable income are assumed to account for the growth in healthcare expenditure in the upcoming years. Telemedicine also aids in decreasing emergency room visits and hospitalization rates, which is a major factor bolstering market growth. Need to connect and help patients in the remote areas is presumed to further propel the market growth during the forecast period. On the other hand, massive infrastructure cost and initial investment regarding telemedicine industry are projected to hamper the industry growth in the upcoming years. Data security concerns related to the leak of sensitive patient’s health information are anticipated to have an adverse influence on the market growth. Some of the major factors restraining the growth of telemedicine market include limitation of skilled and trained professionals in the remote areas, privacy and security concern and lack of availability of telecommunications bandwidth. Key Benefits of the Report: •This report offers an analytical depiction of the telemedicine market while providing the current trends and future estimations to determine the imminent investment pockets. 2

3. •This study illustrates every relevant information, including the market drivers, restraints, and emerging opportunities, followed by a detailed analysis of the telemedicine market share. •The report also provides a detailed telemedicine market analysis based on competitive intensity and how the competition will take shape over the next six years. Various companies covered in the Telemedicine Market report: •McKesson Corporation •Philips Healthcare •GE Healthcare Ltd •IBM •Cerner Corporation •AMD Global Telemedicine, Inc •Cisco Systems, Inc •Honeywell Life Care Solutions •Medtronic Plc •Aerotel Medical Systems Segmentation of the Telemedicine Market: Breakup by Component Type: •Hardware •Medical Devices •Monitors •Others •Software •Integrated •Others •Services •Store and Forward •Telenursing •Others (Tele monitoring etc) •Telecom and Networking Breakup by Speciality: •Teleradiology 3

4. •Telecardiology •Telepsychiatry •Others (Telepathology and Teledermatology) Breakup by End-User: •Telehospitals and teleclinics •Telehome Breakup by Region: •North America oUnited States of America oCanada •Asia Pacific oChina oJapan oIndia oRest of APAC •Europe oUnited Kingdom oGermany oFrance oSpain oRest of Europe •RoW oBrazil oSouth Africa oSaudi Arabia oUAE oRest of the world (remaining countries of the LAMEA region) About GMI Research GMI Research is a full-service market research and business-consulting organization that offers global as well as medium and small businesses with bespoke industry and market analysis to help them in making the toughest business decision. We have a team of 4

5. industry experts that provides unbiased insights on reports to best meet the specific needs of our clients. GMI Research’s analysts rely on secondary research to lay down the foundation of every report. We use not only the internal but also the external databases to cull out relevant information of the industry. Our main aim is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client, through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve. Contact Us Company Name: GMI RESEARCH Email: enquiry@gmiresearch.com Phone: +353 1 442 8820 Address:Level 1, The Chase Carmanhall Road, Sandyford Industrial Estate City: Dublin State: Dublin Country: Ireland Website: https://www.gmiresearch.com/ 5