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Telemedicine (Tele-Consultation, Tele-Monitoring, Tele-Education, Tele-Training, Tele-Care, and Tele-Surgery) Market for Cardiology, Dermatology, Neurology, Orthopedics, Emergency Care, Internal Medicine, Gynecology, and Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 - 2020

Published: Dec-2015 | Format: PDF | Zion | Number of pages: 110 | Code: MRS - 38555


The report covers forecast and analysis for the telemedicine market on a global and regional level. The study provides historic data of 2014 along with a forecast from 2015 to 2020 based revenue (USD Million). The study includes drivers and restraints for the telemedicine market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the telemedicine market on a global level.

In order to give the users of this report a comprehensive view on the telemedicine market we have included a detailed competitive scenario and product portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the telemedicine market has also been included. The study encompasses a market attractiveness analysis, wherein service segments and application segments are benchmarked based on their market size, growth rate and general attractiveness.

The study provides a decisive view on the telemedicine market by segmenting the market based on services, applications and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2014 to 2020. Based on services the market is segmented into tele-consultation, tele-monitoring, tele-education, tele-training, tele-care, and tele-surgery. Key application market covered under this study includes cardiology, dermatology, neurology, orthopedics, emergency care, internal medicine, gynecology, and others. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America and Middle East and Africa with its further bifurcation into major countries including U.S. Germany, France, UK, China, Japan, India and Brazil. This segmentation includes demand for telemedicine based on individual applications in all the regions and countries.

The report also includes detailed profiles of end players such as CISCO Systems, Inc., AMD Global Telemedicine, Inc., Polycom Corp., F. Hoffmann-La Roche Ltd., Honeywell HomMed LLC, InTouch Technologies, Inc., LifeWatch AG, Medtronic, Inc., OBS Medical Ltd., Siemens Healthcare, McKesson Corp, Agfa HealthCare NV, and Allscripts Healthcare Solutions. The detailed description of players includes parameters such as company overview, financial overview, business strategies and recent developments of the company.
 
This report segments the global telemedicine market as follows:

Global Telemedicine Market: Services Segment Analysis

  • Tele-Consultation
  • Tele-Monitoring
  • Tele-Education
  • Tele-Training
  • Tele-Care
  • Tele-Surgery

 Global Telemedicine Market: Application Segment Analysis

  • Cardiology
  • Dermatology
  • Neurology
  • Orthopedics
  • Emergency Care
  • Internal Medicine
  • Gynecology
  • Other

Global Telemedicine Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • Germany
    • France
    • UK
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa
  • Chapter 1. Introduction
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  • Chapter 2. Executive Summary
    • 2.1. Global telemedicine market, 2014 - 2020 (USD Million)
    • 2.2. Global telemedicine market : Snapshot
  • Chapter 3. Telemedicine – Market Dynamics
    • 3.1. Introduction
    • 3.2. Market drivers
      • 3.2.1. Global telemedicine market drivers: Impact analysis
      • 3.2.2. Low cost and time efficiency
      • 3.2.3. Government supports
    • 3.3. Market restraints
      • 3.3.1. Global telemedicine market restraints: Impact analysis
      • 3.3.2. Focus on traditional technology
      • 3.3.3. Delayed in response
    • 3.4. Opportunities
      • 3.4.1. Research and development
      • 3.4.2. Emerging technology
    • 3.5. Porter’s five forces analysis
      • 3.5.1. Bargaining power of suppliers
      • 3.5.2. Bargaining power of buyers
      • 3.5.3. Threat from new entrants
      • 3.5.4. Threat from new substitutes
      • 3.5.5. Degree of competition
    • 3.6. Market attractiveness analysis
      • 3.6.1. Market attractiveness analysis, by service segment
      • 3.6.2. Market attractiveness analysis, by application segment
      • 3.6.3. Market attractiveness analysis, by regional segment
  • Chapter 4. Global Telemedicine Market – Competitive Landscape
    • 4.1. Company market share, 2014 (Subject to data availability)
    • 4.2. Price trend analysis
  • Chapter 5. Global Telemedicine Market – Service Segment Analysis
    • 5.1. Global telemedicine market: Service overview
      • 5.1.1. Global telemedicine market revenue share, by service, 2014 and 2020
    • 5.2. Tele-Consultation
      • 5.2.1. Global tele-consultation market , 2014 – 2020 (USD Million)
    • 5.3. Tele-Monitoring
      • 5.3.1. Global tele-monitoring market , 2014 – 2020 (USD Million)
    • 5.4. Tele-Education
      • 5.4.1. Global tele-education market , 2014 – 2020 (USD Million)
    • 5.5. Tele-Training
      • 5.5.1. Global tele-training market , 2014 – 2020 (USD Million)
    • 5.6. Tele-Care
      • 5.6.1. Global tele-care market , 2014 – 2020 (USD Million)
    • 5.7. Tele-Surgery
      • 5.7.1. Global tele-surgery market , 2014 – 2020 (USD Million)
  • Chapter 6. Global Telemedicine Market – Application Segment Analysis
    • 6.1. Global telemedicine market: Application overview
      • 6.1.1. Global telemedicine market revenue share, by application, 2014 and 2020
    • 6.2. Cardiology
      • 6.2.1. Global telemedicine market for cardiology, 2014 - 2020(USD Million)
    • 6.3. Dermatology
      • 6.3.1. Global telemedicine market for dermatology, 2014 - 2020(USD Million)
    • 6.4. Neurology
      • 6.4.1. Global telemedicine market for neurology, 2014 - 2020(USD Million)
    • 6.5. Orthopedics
      • 6.5.1. Global telemedicine market for orthopedics, 2014 - 2020(USD Million)
    • 6.6. Emergency Care
      • 6.6.1. Global telemedicine market for emergency care 2014 - 2020(USD Million)
    • 6.7. Internal Medicine
      • 6.7.1. Global telemedicine market for internal medicine, 2014 - 2020(USD Million)
    • 6.8. Gynecology
      • 6.8.1. Global telemedicine market for gynecology, 2014 - 2020(USD Million)
    • 6.9. Others
      • 6.9.1. Global telemedicine market for other applications, 2014 - 2020(USD Million)
  • Chapter 7. Global Telemedicine Market – Regional Segment Analysis
    • 7.1. Global telemedicine market: Regional overview
      • 7.1.1. Global telemedicine market revenue share, by region, 2014 and 2020
    • 7.2. North America
      • 7.2.1. North America telemedicine market revenue, by service, 2014 – 2020 (USD Million)
      • 7.2.2. North America telemedicine market revenue, by application, 2014 – 2020 (USD Million)
      • 7.2.3. U.S.
        • 7.2.3.1. U.S. telemedicine market revenue, by service, 2014 – 2020 (USD Million)
        • 7.2.3.2. U.S. telemedicine market revenue, by application, 2014 – 2020 (USD Million)
    • 7.3. Europe
      • 7.3.1. Europe telemedicine market revenue, by service, 2014 – 2020 (USD Million)
      • 7.3.2. Europe telemedicine market revenue, by application, 2014 – 2020 (USD Million)
      • 7.3.3. Germany
        • 7.3.3.1. Germany telemedicine market revenue, by service, 2014 – 2020, (USD Million)
        • 7.3.3.2. Germany telemedicine market revenue, by application, 2014 – 2020 (USD Million)
      • 7.3.4. France
        • 7.3.4.1. France telemedicine market revenue, by service, 2014 – 2020, (USD Million)
        • 7.3.4.2. France telemedicine market revenue, by application, 2014 – 2020, (USD Million)
      • 7.3.5. UK
        • 7.3.5.1. UK telemedicine market revenue, by service, 2014 – 2020 (USD Million)
        • 7.3.5.2. UK telemedicine market revenue, by application, 2014 – 2020 (USD Million)
    • 7.4. Asia Pacific
      • 7.4.1. Asia Pacific telemedicine market revenue, by a service, 2014 – 2020, (USD Million)
      • 7.4.2. Asia Pacific telemedicine market revenue, by application, 2014 – 2020, (USD Million)
      • 7.4.3. China
        • 7.4.3.1. China telemedicine market revenue, by service, 2014 – 2020 (USD Million)
        • 7.4.3.2. China telemedicine market revenue, by application, 2014 – 2020 (USD Million)
      • 7.4.4. Japan
        • 7.4.4.1. Japan telemedicine market revenue, by service, 2014 – 2020 (USD Million)
        • 7.4.4.2. Japan telemedicine market revenue, by application, 2014 – 2020 (USD Million)
      • 7.4.5. India
        • 7.4.5.1. India telemedicine market revenue, by service, 2014 – 2020 (USD Million)
        • 7.4.5.2. India telemedicine market revenue, by application, 2014 – 2020 (USD Million)
    • 7.5. Latin America
      • 7.5.1. Latin America telemedicine market revenue, by service, 2014 – 2020 (USD Million)
      • 7.5.2. Latin America telemedicine market revenue, by application, 2014 – 2020 (USD Million)
      • 7.5.3. Brazil
        • 7.5.3.1. Brazil telemedicine market revenue, by service, 2014 – 2020 (USD Million)
        • 7.5.3.2. Brazil telemedicine market revenue, by application, 2014 – 2020 (USD Million)
    • 7.6. Middle East and Africa
      • 7.6.1. Middle East and Africa telemedicine market revenue, by service, 2014 – 2020 (USD Million)
      • 7.6.2. Middle East and Africa telemedicine market revenue, by application, 2014 – 2020 (USD Million)
  • Chapter 8. Company Profile
    • 8.1. AMD Global Telemedicine, Inc.
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Product portfolio
      • 8.1.4. Business strategy
      • 8.1.5. Recent developments
    • 8.2. CARDIOCOM, LLC
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Product portfolio
      • 8.2.4. Business strategy
      • 8.2.5. Recent developments
    • 8.3. Allscripts Healthcare Solutions, Inc.
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Product portfolio
      • 8.3.4. Business strategy
      • 8.3.5. Recent developments
    • 8.4. Aerotel Medical Systems Ltd.
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Product portfolio
      • 8.4.4. Business strategy
      • 8.4.5. Recent developments
    • 8.5. Cisco Systems, Inc.
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Product portfolio
      • 8.5.4. Business strategy
      • 8.5.5. Recent developments
    • 8.6. F. Hoffmann-La Roche Ltd.
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Product portfolio
      • 8.6.4. Business strategy
      • 8.6.5. Recent developments
    • 8.7. Honeywell HomMed LLC
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Product portfolio
      • 8.7.4. Business strategy
      • 8.7.5. Recent developments
    • 8.8. InTouch Technologies, Inc.
      • 8.8.1. Overview
      • 8.8.2. Financials
      • 8.8.3. Product portfolio
      • 8.8.4. Business strategy
      • 8.8.5. Recent developments
    • 8.9. LifeWatch AG
      • 8.9.1. Overview
      • 8.9.2. Financials
      • 8.9.3. Product portfolio
      • 8.9.4. Business strategy
      • 8.9.5. Recent developments
    • 8.10. McKesson Corporation
      • 8.10.1. Overview
      • 8.10.2. Financials
      • 8.10.3. Product portfolio
      • 8.10.4. Business strategy
      • 8.10.5. Recent developments
    • 8.11. Philips Healthcare
      • 8.11.1. Overview
      • 8.11.2. Financials
      • 8.11.3. Product portfolio
      • 8.11.4. Business strategy
      • 8.11.5. Recent developments
    • 8.12. OBS Medical Ltd.
      • 8.12.1. Overview
      • 8.12.2. Financials
      • 8.12.3. Product portfolio
      • 8.12.4. Business strategy
      • 8.12.5. Recent developments

List of Tables

1. Telemedicine market: Market snapshot
2. Drivers of global telemedicine market: Impact analysis
3. Restraints of global telemedicine market: Impact analysis  
4. North America telemedicine market revenue, by service, 2014 - 2020 (USD Million)
5. North America telemedicine market revenue, by application, 2014 - 2020 (USD Million)
6. U.S. telemedicine market revenue, by service, 2014 - 2020 (USD Million)
7. U.S. telemedicine market revenue, by application, 2014 - 2020 (USD Million)
8. Germany telemedicine market revenue, by service, 2014 - 2020 (USD Million)
9. Germany telemedicine market revenue, by application, 2014 - 2020 (USD Million)
10. France telemedicine market revenue, by service, 2014 - 2020 (USD Million)
11. France telemedicine market revenue, by application, 2014 - 2020 (USD Million)
12. UK telemedicine market revenue, by service, 2014 - 2020 (USD Million)
13. UK telemedicine market revenue, by application, 2014 - 2020 (USD Million)
14. Asia Pacific telemedicine market revenue, by service, 2014 - 2020 (USD Million)
15. Asia Pacific telemedicine market revenue, by application, 2014 - 2020 (USD Million)
16. China telemedicine market revenue, by service 2014 - 2020 (USD Million)
17. China telemedicine market revenue, by application 2014 - 2020 (USD Million)
18. Japan telemedicine market revenue, by service, 2014 - 2020 (USD Million)
19. Japan telemedicine market revenue, by application, 2014 - 2020 (USD Million)
20. India telemedicine market revenue, by service, 2014 - 2020 (USD Million)
21. India telemedicine market revenue, by application, 2014 - 2020 (USD Million)
22. Latin America telemedicine market revenue, by service, 2014 - 2020 (USD Million)
23. Latin America telemedicine market revenue, by application, 2014 - 2020 (USD Million)
24. Brazil telemedicine market revenue, by service, 2014 - 2020 (USD Million)
25. Brazil telemedicine market revenue, by application, 2014 - 2020 (USD Million)
26. Middle East and Africa telemedicine market revenue, by service, 2014 - 2020 (USD Million)
27. Middle East and Africa telemedicine market revenue, by application, 2014 - 2020 (USD Million)


List of Figures

1. Market research process
2. Market research methodology
3. Global telemedicine market revenue, 2014 - 2020 (USD Million)
4. Porter’s five forces analysis
5. Telemedicine: Market attractiveness analysis, by service segment
6. Telemedicine: Market attractiveness analysis, by application segment
7. Telemedicine: Market attractiveness analysis, by regional segment
8. Company market share analysis, 2014 and 2020
9. Global telemedicine market revenue share by application, 2014 and 2020
10. Global  telemedicine market for cardiology, 2014 – 2020, (USD Million)
11. Global  telemedicine market for dermatology, 2014 – 2020, (USD Million)
12. Global telemedicine market for  neurology , 2014 – 2020, (USD Million)
13. Global telemedicine market for orthopedics, 2014 – 2020, (USD Million)
14. Global telemedicine market for emergency Care, 2014 – 2020, (USD Million)
15. Global telemedicine market for internal Medicine, 2014 – 2020, (USD Million)   
16. Global telemedicine market for gynecology, 2014 – 2020, (USD Million)   
17. Global telemedicine market for other applications, 2014 – 2020, (USD Million)

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Zion Research uses the synergy of combination of both primary research and secondary research for its research reports. For this study, we have conducted extensive primary research, wherein we have conducted in-depth interviews of the key opinion leader of this industry. Primary research make up for the biggest chunk of our data sources in addition to secondary research.

We referred to product literature of leading industry participants, annual reports, press releases, government publications, and other relevant sources for data collection and analysis thereof. Secondary research also includes a search of recent trade journals, technical writing, internet sources, and statistical data from government websites, trade associations and agencies.  

Zion Research has collected key data related to the Telemedicine Market and analyzed these data using a variety of methods. The market dynamics have been ascertained following a detailed study of the micro, meso, and macroeconomic indicators of the market.

This report is based on in-depth qualitative and quantitative analyses of the Global Telemedicine market . The quantitative analysis involved the application of various projection and sampling techniques. The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions.

Primary Research

We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:

  • Provides firsthand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
  • Helps in validating and strengthening the secondary research findings
  • Further develops the analysis team’s expertise and market understanding
  • Primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

Participants who typically partake in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts and research analysts specializing in specific markets

Key opinion leaders specializing in different areas corresponding to different industry verticals

Secondary Research

Secondary research sources that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • IDC and other relevant magazines
  • Internal and external proprietary databases, and relevant patent and regulatory databases
  • National government documents, statistical databases and market reports

News articles, press releases and webcasts specific to companies operating in the market

Based on the research results and technical insights thus gathered, Zion research analysts have provided a comprehensive analysis of the varied aspects of the market. The impact of global economic conditions and other macroeconomic indicators was also considered when assessing the market.

Models

Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:

  • Demographic data: Population split by segments
  • Macroeconomic indicators: GDP, PPP, Per Capita Income, etc.
  • Industry indicators: Expenditure, technology stage and infrastructure, sector growth and facilities
  • Data is then cross-checked by an expert panel.

Telemedicine is the use of medical information exchanged from one site to another via electronic communications to improve a patient’s clinical health status. Telemedicine includes a growing variety of applications and services using two-way video, email, smart phones, wireless tools and other forms of telecommunications technology. Telemedicine service is beneficial for patients living in remote areas. Advanced technology such as ADSL, wireless communication, broad band and others are plays an important role in telemedicine. Telemedicine is the real time service, which provides communication between patient and health specialist. Telemedicine also offers remote patient monitoring, and disease management for rural health and nursing home.

The major driving factor for the global telemedicine market is rapidly growing population of the world and increasing number of patients suffering from chronic disease, hypertension, and diabetes. Another key driving factor is rising health awareness among the people living in remote areas. Government initiatives and funding has provided strong boost to telemedicine market in Asia Pacific and North America. Advancement in technology to provide better health services expected to fuel the telemedicine market over the forecast period. However, mainly focused on traditional technology and delayed response time is expected to hamper the growth of telemedicine market. Lack of resources and high technological cost can be barrier for the growth of this industry in emerging and underdeveloped economies.

Telemedicine Market

On the basis of applications, the telemedicine market has been classified into cardiology, dermatology, neurology, orthopedics, emergency care, internal medicine, gynecology, and others. Dermatology accounted for a very large chunk of the global telemedicine market in 2014. Neurology is the second leading application segment for telemedicine owing to increasing neurological complications such as stroke, Alzheimer’s and Parkinson’s cases. Cardiology, emergency care and internal medicine are others key applications segment is expected to exhibit fastest growth rate during the forecast period.

The telemedicine market is segmented on the basis of different services such as tele-consultation, tele-monitoring, tele-education, tele-training, tele-care, and tele-surgery. The tele-consultation segment dominated the market with largest share of the total market in 2014. Tele-monitoring also accounted for significant share owing to the increasing disabled and aging populations who are commonly diagnosed with diabetes and other complications. Tele-education, tele-training and tele-surgery are expected to exhibit significant growth during the forecast period.

North America dominated the telemedicine market and accounted for the largest share of the global market in 2014. North America followed by Europe and Asia Pacific region. In terms of revenue, Asia Pacific was the second largest market for telemedicine. The telemedicine market in Asia Pacific region is expected to exhibit strong growth owing to rising government support and rapid growth in population. Europe, Latin America and Middle East & Africa are also expected to experience significant growth of telemedicine market in the years to come.

Some of the major industry participants in telemedicine market includes CISCO Systems, Inc., AMD Global Telemedicine, Inc., Polycom Corp., F. Hoffmann-La Roche Ltd., Honeywell HomMed LLC, InTouch Technologies, Inc., LifeWatch AG, Medtronic, Inc., OBS Medical Ltd., Siemens Healthcare, McKesson Corp, Agfa HealthCare NV, and Allscripts Healthcare Solutions.


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