Asia-Pacific telemedicine market grew from $2.32 billion in 2011 and will be aproximately $8.6 billion in 2019 at a CAGR of 24.1% over the next five years.
Telemedicine services are used in several medical areas including diabetes control, primary health care, psychiatry, genetics, radiology, pathology, cardiology etc.
The major driving force for this market is increasing aged population, rising cost of healthcare, rising prevalence of chronic diseases. Technological innovations and advancements fuels the market growth. Major market constraints are developing and underdeveloped nations which lack sufficient resources for the telemedicine market. High technological costs, Lack of physician support, and poor cases of implementation are the major constraints for the market.
Market segmentation is done based on type( Telehospitals and clinics, Telehome), based on Technology(Hardware, Software, Telecom, Services), based on Clinical applications( Teleconsultation, Telepathology, Telecardiology,Telesurgery, Teleradiology, Teledermatology), and based on geography, India, China, Japan.
Some of the key competitors for Asia-pacific telemedicine market include Aerotel Medical Systems Limited, AMD Telemedicine, Inc., Apollo PACS Inc., CARD GUARD® Group, CardioNet Inc., Cerner Corporation, Cybernet Systems Corporation, GE Healthcare Ltd., Honeywell HomMed LLC, Invivo Corp., Johns Hopkins Medicine, Mennen Medical Corp., NightHawk Radiology Services LLC, Philips Healthcare, SHL TeleMedicine Ltd., Siemens Healthcare, Polycom, TANDBERG, TeleVital Inc., Templeton Readings LLC, United Therapeutics Corporation, Welch Allyn Protocol, Inc. and WorldCare International Inc., among others.
What makes our report unique?
1) An extensive research study on Global telemedicine market trends, Future forecasts, Drivers, Constraints, and opportunities.
2) We provide the longest market segmentation possible based on type, technology, Clinical applications, and on geography.
3) This global report gives a birds eye-view of the market competitive landscape which includes mergers & acquisitions, collaborations., new product launches and key players in the market.