The Telemedicine Market is Classified into Gynecology, Dermatology, Cardiology, Neurology, Orthopedics, Consultations, Emergency Care and Others

Pune, India -- (SBWire) -- 01/31/2018 --The report telemedicine market by Services (tele-monitoring, tele-training, tele-education, tele-consultation and others), Application ( gynecology, dermatology, cardiology, neurology, orthopedics, consultations, emergency care and others), End user type (tele-hospital and clinic and tele-home), Mode of Delivery (web based and cloud based) - Global Industry Analysis, Trends analysis and Forecast up to 2024 studies the world as well as regional markets including North America, Europe, Asia Pacific and RoW (Including Latin America, Middle East and Africa), The telemedicine market is expected to reach USD 81.51 Billion by 2024  expanding at a CAGR of 18.8%. Factors driving the growth of this market include Consistent technological innovations, increasing remote patient monitoring, high prevalence of chronic diseases, and rising geriatric population.

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Neurology segment to grow at the fastest rate over 2018 to 2024

By application, the telemedicine market is classified into gynecology, dermatology, cardiology, neurology, orthopedics, consultations, emergency care and others. Dermatology segment lead in the global telemedicine in 2018. The neurology segment is witnessing the fastest growth owing to the rising number of stroke, Alzheimer's and Parkinson's cases. Cardiology, orthopaedics, emergency care, and internal medicine segments however will reserved growth during the forecast period. The areas such as dentistry, pediatric care and ophthalmology will prove excessive growth and are expected to continue growing in the future with increasing prevalence of related diseases. 

Tele-consultation segment to account for the largest revenue in the telemedicine market by services

On the basis of Services, the telemedicine market is categorized tele-monitoring, tele-training, tele-education, tele-consultation and others. The tele-consultation segment is estimated to account for the largest share of the global telemedicine market during the forecast period. The tele-monitoring is expected to grow at a highest rate for the forecast period due to growing geriatric and disabled populations. Neurological problems such as stroke, Alzheimer's and Parkinson's signify the other reason for the growth of tele-monitoring segment. Tele-education, tele-training and tele-surgery are the recently added to telemedicine that have an attractive growth possibility.

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North America is estimated to command the largest share of the market

Based on region, the telemedicine market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). North America is expected to dominate the telemedicine market in 2018. This is attributed to factors such as reimbursement and incentive plans, and technological advancement in telemedicine. 

Companies covered in this Report:

LifeWatch AG Cepheid, Inc.
Aerotel Medical Systems Ltd
InTouch Technologies Inc
AMD Global Telemedicine Inc.
OBS Medical Ltd
Cisco Systems Inc
Cerner Corporation
Allscripts Healthcare Solutions Inc.
McKesson Corporation
Honeywell Life Care Solutions

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