Telemedicine Market to Reach US$ 202.8 Billion by 2027 Globally |CAGR

18.5%| UnivDatos Market Insights - Seite 3

By Modality, the market is primarily bifurcated into

• Real-time
• Store
• Forward and others

The real-time segment is anticipated to observe profitable growth due to the extreme rise in the number of virtual visits. According to the On-demand Virtual Care Benchmark Survey, 32.1% of doctors in the United States had an on-demand virtual care service in 2018. This is expected to boost the substantial growth of the real-time segment.

By End-user, the market is primarily bifurcated into

• Providers
• Payers
• Patients
• Others

The Providers segment is anticipated to observe lucrative growth of more than 41.2% due to the extreme rise in the number of virtual visits.

Telemedicine Market Geographical Segmentation Includes:

• North America (the United States, Canada, and Rest of North America)
• Europe (Germany, United Kingdom, Italy, France, Spain, and Rest of Europe)
• Asia-Pacific (China, Japan, India, Australia, and Rest of Asia-Pacific)
• Rest of the World

Based on the estimation, North America constitutes a major market for the Telemedicine industry and generated maximum revenue in 2020 owing to the increasing number of teleconsultations, and rising healthcare spending in the region.

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The major players targeting the market includes

• American Well
• SteadyMD, Inc.
• Maven, Inc.
• HealthTap, Inc.
• BioTelemetry, Inc.
• MDlive, Inc.
• CVS Health
• Teladoc Health, Inc
• Doctor on Demand, Inc
• Plantronics, Inc. (Polycom)

Competitive Landscape

The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the Telemedicine market. The major players have been analyzed by using research methodologies for getting insight views on global competition.