The market analysis on Asia Pacific Telemedicine Market offers a holistic view on the overall industry with all required details regarding its overall foothold in the global ecosystem along with its applications in vivid end-user sectors. According to the given report, Asia Pacific telemedicine market reached a valuation of USD 3.8 billion in and is likely to surpass USD 15.9 billion over 2026, increasing at a rate of 21.8%. It includes important information on the current market situation, evolving technologies, robust competitive landscape, industry strategies, future growth opportunities, and market segmentations.
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Moreover, the report also delivers a summary of vivid factors that are expected to drive the overall industry along with including information of the ongoing trends touted to propel the market in the upcoming years. As per the report, the Asia Pacific telemedicine market has been fragmented into various segments spanning service, type, speciality, delivery mode, regional, and competitive landscape.
Based on services, the telemedicine market is segmented into tele-consulting, tele-monitoring, tele-education and others. The tele-education/training segment accounted for more than 30.0% market share 2019 and is expected to register lucrative growth during the forecast timeframe. The segmental growth is attributable to high demand for continuing education programmes to rural health-care professionals through audio, video and computer. It also includes services that are used for interaction among healthcare professionals, thereby leading to segmental growth.
The overall APAC telemedicine market has been diversified into different regions and geographies including China, India, Japan, Australia, South Korea, Malaysia, Indonesia, Thailand, Singapore, Philippines and its foolproof analysis has been drafted in the given research report. More so, it also consists of elaborative details on the factors promoting the growth of these regional market over the mentioned time frame, along with addressing the growth opportunities for myriad market players, technologies being massively used across these regions, stringent and favorable governmental reforms, and others.
The China telemedicine market accounted for more than USD 700.0 million in 2019 and is expected to show similar trend over the forecast period. High regional growth is due to rising number of COVID-19 infection coupled with various government initiatives. For instance, in China, during the 12-year period, approximately 12 thousand teleconsultations were performed, in the areas of diagnosing neoplasms, injuries, and cardiovascular diseases. Similarly, Indian government has undertaken National Rural Telemedicine Network projects. The project aimed to facilitate health care telemedicine services such as tele-consultation and tele-follow up in rural areas. Such initiatives will further boost the local market.
The telemedicine market in Asia Pacific boasts of the presence of top-notch companies that are operating this terrain and their individual market shares, company profiles, individual positions, accomplishments, and stance in the global ecosystem have been briefly cited in the study.
Some of the major industry players involved in Asia Pacific telemedicine includes Koninklijke Philips N.V., InTouch Technologies Inc, Cerner Corporation and AMD Global Telemedicine Inc among others.
Chapter 4 Asia Pacific Telemedicine Market Share, By Service
4.1 Key trends in Asia Pacific telemedicine, by service
4.2.1 Market estimates and forecast, by country, 2015 - 2026 (USD Million)
4.3.1 Market estimates and forecast, by country, 2015 - 2026 (USD Million)
4.4 Tele education/ training
4.4.1 Market estimates and forecast, by country, 2015 - 2026 (USD Million)
4.5.1 Market estimates and forecast, by country, 2015 - 2026 (USD Million)
Chapter 5 Asia Pacific Telemedicine Market Size, By Type
5.1 Key trends in Asia Pacific telemedicine, by type
5.2.1 Market estimates and forecast, by country, 2015 - 2026 (USD Million)
5.3.1 Market estimates and forecast, by country, 2015 - 2026 (USD Million)
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