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Telemedicine Equipment Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: AMD Global Telemedicine Inc., Resideo Technologies Inc

31 May, 2022 | 134 Pages
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Acknowledging the kind of traction gained by this market, Industry data Analytics recently published a study report asserts the global Telemedicine Equipment Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 17.8% during the review period (2022 to 2027).



Telemedicine Equipment Market Overview



The growing demand for telemedicine equipment owing to the ability to treat wide range of medical conditions and less commuting time is increasing the telemedicine equipment market growth. For instance, in 2020, according to the Centre for Disease Control and Prevention (CDC) the number of telehealth visits in the first quarter of 2020 was enlarged by 50% as compared to the same period in previous year.The aspects which driving the market are due to increase in the incidence and prevalence of chronic disease such as cancer and others. In addition, increase in the generic population with chronic disease will show positive impact and improvement the growth of Telemedicine equipment market.



As Improvement in telemonitoring and home telehealth will be instrumental in increased adoption of telemedicine among the generic population.Moreover, advancement in telemedicine software and improved healthcare facility is projected to growth in telemedicine equipment market over the forecast period. Furthermore, improved quality of telemedicine equipment will raise the product demand in the marketThough, the growth of market is hindered due to lack of awareness and acceptance of telemedicine among doctors and service providers. Moreover, limited reimbursement policy makes telemedicine equipment unattractive to providers.



Industry Development:



December 2021, Mesmerize announced partnership with VSee. This partnership is aimed to provide additional platform for Mesmerize's advertisers to reach healthcare providers and patients within Mesmerize's network telehealth solutions to offer remote patient monitoring services. This partnership will deliver best in class telehealth care service offerings.



Who are the Major Players in Telemedicine Equipment Market?



The Telemedicine Equipment Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market includes AMD Global Telemedicine Inc., Resideo Technologies Inc. (Honeywell Life Care Solutions), InTouch Technologies Inc., Allscripts Healthcare Solutions Inc, CardioNet, IBM Corporation, Iris Telehealth, Koninklijke Philips N.V., TeleVital, Tunstall Healthcare, Medvivo Group Ltd and Aerotel Medical Systems ,Ltd, Mesmerize and others.



What are the major Applications, product and Regions for Telemedicine Equipment Market?



Telemedicine Equipment Market is segmented based on the type, applications, companies and regions.



By Product




  • Telemedicine cart

    • Single display cart

    • Dual display cart

    • Others



  • Telemedicine kit

  • Telemedicine kiosk

  • Peripherals

    • Digital camera

    • Stethoscopes

    • Digital scopes

    • Pulse oximeters

    • Others





By Application it is segmented into




  • Hospitals

  • Clinics

  • Specialty centers

  • Home care settings

  • Others



Telemedicine Equipment Market Regional Analysis



North America dominates the Telemedicine Equipment market owing to the well-established veterinary healthcare infrastructure. Asia-Pacific is anticipated to score maximum growth rate and exhibit the highest CAGR for the forecast period 2022-2027. This is because of the rising expenditure to develop veterinary healthcare infrastructure and increased focus of the government towards immunization programs. In addition, according to the National Clinical Trials (NCT) Registry, as of September 21, 2020, in the United States, nearly 500 vaccine clinical trials are under development, which are anticipated to have an optimistic impact on the study market for these services. They are effective in increasing or activating the immune system. Therefore, ongoing clinical trials related to vaccine development and high-quality research activities in the United States are anticipated to further the market growth studied in North America in the forecast period.




  • North America


    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific



  • Rest of the World

    • Middle East & Africa

    • Latin America





What is our Telemedicine Equipment Market report scope?























































Report Attributes



Report Details



Forecast Period 2022 to 2027 CAGR



CAGR of 17.8% during the review period (2022 to 2027).



By Product Type




  • Telemedicine cart

    • Single display cart

    • Dual display cart

    • Others



  • Telemedicine kit

  • Telemedicine kiosk

  • Peripherals

    • Digital camera

    • Stethoscopes

    • Digital scopes

    • Pulse oximeters

    • Others



  •  

  • Others



By Application



Hospitals



Clinics



Specialty centers



Home care settings



Others



By Companies



AMD Global Telemedicine Inc., Resideo Technologies Inc. (Honeywell Life Care Solutions), InTouch Technologies Inc., Allscripts Healthcare Solutions Inc, CardioNet, IBM Corporation, Iris Telehealth, Koninklijke Philips N.V., TeleVital, Tunstall Healthcare, Medvivo Group Ltd and Aerotel Medical Systems ,Ltd, Mesmerize



Regions Covered




  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World



Countries Covered




  • US

  • Canada

  • Germany

  • France

  • UK

  • Italy

  • Spain

  • Rest of Europe

  • China

  • Japan

  • India

  • Australia

  • South Korea

  • Rest of Asia-Pacific

  • Middle East & Africa

  • Latin America



Base Year



2022



Historical Year



2017 to 2021



Forecast Year



2022 to 2027



Number of Pages



134



Customization Available



Yes, the report can be customized as per your needs




 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



Key Takeaways from this Telemedicine Equipment Report




  • Evaluate Telemedicine Equipment market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.

  • Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.

  • Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.

  • Analyze the sales and distribution channels across geographies to enhance top-line revenues.

  • Market share held by each application segment with respect to the market renumeration and sales estimates over the forecast timeline are stated in the report.

  • Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.

  • Get a quick outlook on the Telemedicine Equipment market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.

  • Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

  • It further investigates the specifics that are positively impacting the profit graph of this business sphere.

  • The study also elaborates the critical factors which will augment the commercial terrain of the Telemedicine Equipment market.



Frequently Asked Questions



What is the study period of this market?



The Telemedicine Equipment Market is studied from 2017 - 2027.



What is the growth rate of Telemedicine Equipment Market?



The Telemedicine Equipment Market is growing at a CAGR of 17.8% over the next 5 years.



Who are the leading key players in Telemedicine Equipment Market?



AMD Global Telemedicine Inc., Resideo Technologies Inc. (Honeywell Life Care Solutions), InTouch Technologies Inc., Allscripts Healthcare Solutions Inc, CardioNet, IBM Corporation, Iris Telehealth, Koninklijke Philips N.V., TeleVital, Tunstall Healthcare, Medvivo Group Ltd and Aerotel Medical Systems ,Ltd, Mesmerize



What regions regions does this Telemedicine Equipment Market report covers?



North America (the United States, Canada, and Mexico)



Europe (Germany, France, UK, Russia, and Italy)



Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)



South America (Brazil, Argentina, Colombia, etc.)



The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)



What are the significant types of Telemedicine Equipment Market?



Telemedicine cart,Telemedicine kit,Telemedicine kiosk,Peripherals



What are the significant Applications of Telemedicine Equipment Market?



Hospitals, Clinics, Specialty centers, Home care settings, Others



All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.


  1. INTRODUCTION

    1. MARKET DEFINATION

    2. MARKET DYNAMICS

    3. MARKET SEGMENTATION

    4. REPORT TIMLINES

    5. KEY STAKEHOLDERS



  2. RESEARCH METHODOLOGY

    1. DATA MINING

      1. SECONDARY RESEARCH

      2. PRIMARY RESEARCH

      3. SUBJECT MATTER EXPERT ADVICE



    2. QUALITY CHECK

    3. FINAL REVIEW

      1. DATA TRIANGULATION

      2. BOTTOM-UP APPROACH

      3. TOP-DOWN APPROACH



    4. RESEARCH FLOW



  3. EXECUTIVE SUMMARY

    1. INTRODUCTION

    2. GLOBAL TELEMEDICINE EQUIPMENT MARKET BY PRODUCT

    3. GLOBAL TELEMEDICINE EQUIPMENT MARKET BY APPLICATIONS



  4. MARKET DYNAMICS

    1. DRIVERS

      1. INCREASING DEMAND FOR TELEMEDICINE EQUIPMENT



    2. RESTRAINTS

      1. STRINGENT ENVIRONMENTAL REGUALTIONS

      2. HIGH COST ON MATERIALS



    3. OPPORTUNITIES

      1. TELEMEDICINE EQUIPMENT GROWTH

      2. APPLICATION OF TELEMEDICINE EQUIPMENT



    4. IMPACT OF COVID 19



  5. GLOBAL TELEMEDICINE EQUIPMENT MARKET, BY PRODUCT

    1. INTRODUCTION

    2. TELEMEDICINE CART

      1. SINGLE DISPLAY CART

      2. DUAL DISPLAY CART

      3. OTHERS



    3. TELEMEDICINE KIT

    4. TELEMEDICINE KIOSK

    5. PERIPHERALS

      1. DIGITAL CAMERA

      2. STETHOSCOPES

      3. DIGITAL SCOPES

      4. PULSE OXIMETERS

      5. OTHERS



    6. OTHERS



  6. GLOBAL TELEMEDICINE EQUIPMENT MARKET, BY APPLICATION

    1. INTRODUCTION

    2. HOSPITALS

    3. CLINICS

    4. SPECIALTY CENTERS

    5. HOME CARE SETTINGS

    6. OTHERS



  7. GLOBAL TELEMEDICINE EQUIPMENT MARKET, BY REGION

    1. NORTH AMERICA

      1. US

      2. CANADA

      3. MEXICO



    2. EUROPE

      1. GERMANY

      2. FRANCE

      3. UK

      4. ITALY

      5. RUSSIA

      6. REST OF EUROPE



    3. APAC

      1. CHINA

      2. SOUTH KOREA

      3. JAPAN

      4. INDIA

      5. AUSTRALIA

      6. ASEAN

      7. REST OF APAC



    4. MIDDLE EAST & AFRICA

      1. SAUDI ARABIA

      2. UAE

      3. SOUTH AFRICA

      4. TURKEY

      5. REST OF MEA



    5. SOUTH AMERICA

      1. BRAZIL

      2. REST OF MEA

      3. ARGENTINA

      4. REST OF SOUTH AMERICA





  8. COMPETITIVE LANDSCAPE

    1. MERGERS, ACQUISITIONS, JOINT VENTURES, COLLABORATIONS,

    2. AND AGREEMENTS

      1. KEY DEVELOPMENT



    3. MARKET SHARE (%) **/RANKING ANALYSIS

    4. STRATEGIES ADOPTED BY LEADING PLAYERS



  9. COMPANY PROFILES

    1. BUSINESS OVERVIEW

    2. COMPANY SNAPSHOT

    3. PRODUCT BENCHMARKING

    4. STRATEGIC INITIATIVES

      1. AMD GLOBAL TELEMEDICINE INC.,

      2. RESIDEO TECHNOLOGIES INC. (HONEYWELL LIFE CARE SOLUTIONS),

      3. INTOUCH TECHNOLOGIES INC.,

      4. ALLSCRIPTS HEALTHCARE SOLUTIONS INC,

      5. CARDIONET,

      6. IBM CORPORATION,

      7. IRIS TELEHEALTH,

      8. KONINKLIJKE PHILIPS N.V.,

      9. TELEVITAL,

      10. TUNSTALL HEALTHCARE,

      11. MEDVIVO GROUP LTD

      12. AEROTEL MEDICAL SYSTEMS ,LTD,

      13. MESMERIZE





SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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