Telemedicine Market Research Report and Trends Forecasts 2017 to 2021 Telemedicine Industry Overview, Trends | Page 2

Telemedicine Market Size, Application, Regional Outlook, Competitive
Strategies and Forecasts, 2017 to 2021
Telemedicine Market is segmented into three segments: on the basis of end user, it consist of the telehome
users and telehospital users; on the basis of medium, it contain a telemedicine technology and
telemedicine services; and on the basis of specialty, like Dermatology, Gynecology, Cardiology, Neurology,
Orthopedics, etc.
Company Coverage: Teladoc Inc., AMD Global Telemedicine Inc, Honeywell Life Care Solutions, Doctor On
Demand.
Global Telemedicine Market is expected to increase at high growth rates during the forecasted period
(2017-2021). The global telemedicine market is supported by various growth drivers, such as increasing
ageing population, increasing chronic diseases, rising per capita healthcare expenditure, technological
innovation, reach in rural and remote area, etc. Yet, the market faces certain challenges, such as, resistance
in accepting technology, high implementation cost, legal issues, lack of infrastructure, etc.
The on-demand healthcare is further categorized in three categories: brick-and-mortar, telehealth and
telemedicine. The brick-and-mortar helps in providing the nearby hospitals, clinics and healthcare location
to the patients. The telehealth comprised of software and technologies that facilitates the customers to
monitor their health 24*7 by own through websites, mobile applications and others. The telemedicine
deals in remotely delivery in healthcare services like, health assessments or consultations, with the help of
telecommunication network.
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