US Telemedicine Market Technology, Application, Products Analysis and Forecast to 2027

mangesh

Jan 6, 2023 • 3 min read

US Telemedicine Market size was valued at US$ 14.6 Mn. in 2020 and the total revenue is expected to grow at 8.9% through 2021 to 2027, reaching nearly US$ 26.52 Mn.

US Telemedicine Market Overview:

For the global industry's US Telemedicine market analysis, a research team did thorough primary and secondary research. Secondary research was carried out in order to supplement existing data, segment the market, estimate overall market size, and anticipate market size and growth rate.

Market leaders are identified through primary and secondary research, and market revenue is calculated through primary and secondary research. The primary study included in-depth interviews with key thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives. In-depth interviews with key thought leaders and industry professionals, such as experienced front-line staff, CEOs, and marketing executives, were conducted as part of primary research, while secondary research included a review of the major manufacturers' annual and financial reports. Secondary sources are used to generate global market percentage splits, market shares, growth rates, and breakdowns, which are then validated against primary data.

Market Scope:

By identifying and evaluating market segments and projecting market size, the study aids understanding of the Global US Telemedicine Market dynamic structure. In addition, the study includes a competitive analysis of major corporations based on price, financial status, application expansion goals, and geographical presence. The report also includes a PESTLE analysis to help shareholders prioritize their efforts and investments in the Global US Telemedicine Market.

External and internal components that are expected to have a positive or negative impact on businesses have been investigated, providing decision-makers with a clear picture of the sector's future. The study also aids in understanding the dynamic structure of the Global US Telemedicine Market by studying market segments and projecting US Telemedicine Market size. The study serves as a resource for investors by providing a comprehensive depiction of the competitive analysis of major firms in the Global US Telemedicine Market based on price, financial status, growth strategies, and geographical presence.=

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Segmentation:

In 2020, the teleconsulting market is expected to be worth roughly USD 16.2 billion. Even in rural places, the growing acceptance of virtual consultation has enhanced access to healthcare services. In addition, the user adoption rate jumped from 11 % to 38 % in a year. Furthermore, tele-consulting increases patient outreach at a low cost, resulting in cost-effectiveness. Further, 24/7 help assistance is projected to drive the growth of the market in the forecast period. The major factor boosting the growth of the market is patient engagement with remote monitoring.

Key Players: The key players are

• McKesson Corporation
• Cisco Systems
• Honeywell International
• Philips
• Cerner Corporation
• Teladoc Health.
• Allscripts Healthcare Solutions
• AMD U.S.
• BioTelemetry
• InTouch Technologies
• American Well
• Specialist Telemed
• SOC Telemed
• InSight
• Eagle Telemedicine
• Blue Sky

Regional Analysis:

An examination of the US Telemedicine Market at the country level focuses on categories identified as potentially high-growth, countries with the largest market share, and countries with the highest development potential. North America (USA, Canada), South America, Asia Pacific (China, Japan, India, Korea), Europe (Germany, UK, France, Italy), and Other countries are the regional breakdowns in the US Telemedicine Market report.

COVID-19 Impact Analysis on US Telemedicine Market: The report covers COVID-19 impact on US Telemedicine market.

Key Questions Answered in the US Telemedicine Market Report are:

What will be the US Telemedicine market's CAGR throughout the projected period?
Which market category emerged as the market leader in the US Telemedicine market?
Who are the key players in the US Telemedicine market?
How big will the US Telemedicine market be in 2027?
Which firm had the biggest market share in the US Telemedicine market?

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