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Global Telemedicine Market to grow at a CAGR of 18.95% by 2019

Press Release   •   Nov 14, 2016 06:33 EST

About telemedicine

In the last few years, telemedicine technology has revolutionized the healthcare industry. The healthcare industry is witnessing phenomenal changes. This is indicated by the wide use of digital health platforms such as mhealth, telehealth, EMR, and other wireless technologies. Digital health platforms are the essential elements in every healthcare organization as it helps to remotely monitor patients, increases healthcare delivery efficiencies, improves access to electronic health information, and enhances the quality of healthcare services along with reducing costs. They support a wide range of healthcare needs and functions such as chronic disease management, clinical decision support, and population health management.

Technavios analysts forecast the global telemedicine market to grow at a CAGR of 18.95% over the period 2014-2019.

Covered in this report

The report covers the current scenario and the growth prospects of the global telemedicine market for 2015-2019. To calculate the market size, the report considers revenue generated from the following:

Technology and services

Telehospitals/teleclinics and telehome

Technavio's report, Global Telemedicine Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, EMEA, and APAC; it also covers the landscape of the global telemedicine market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

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Key vendors


GE Healthcare

Honeywell Life Care Solutions



Phillips Healthcare

Other prominent vendors

Aerotel Medical Systems


Allscripts Healthcare Solutions

AMD Global Telemedicine

American Well


Cisco Systems

F. Hoffmann-La Roche


Huawei Technologies

InTouch Technologies






Siemens Healthcare


VSee Lab


Key market driver

Increased usage of remote process monitoring

For a full, detailed list, view our report

Key market challenge

Implementation challenges

For a full, detailed list, view our report

Key market trend

Increase in partnerships

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2019 and what will the growth rate be

What are the key market trends

What is driving this market

What are the challenges to market growth

Who are the key vendors in this market space

What are the market opportunities and threats faced by the key vendors

What are the strengths and weaknesses of the key vendors