Telehealth and Telemedicine Market is estimated to be US$ 537.96 billion by 2030 with a CAGR of 26.8% during the forecast period.

Telehealth and Telemedicine Market accounted for US$ 51.7 billion in 2020 and is estimated to be US$ 537.96 billion by 2030 and is anticipated to register a CAGR of 26.8%. The World Health Organization (WHO) defines Telemedicine as, "The delivery of healthcare services, where distance is a critical factor, by all healthcare professionals using information technologies for the exchange of valid information for diagnosis, treatment & prevention of disease & injuries, research & evaluation & for continuing education of healthcare providers, all in the interests of advancing the health of individuals & their communities."
Telemedicine is the use of electronic information to communicate technologies to provide and support healthcare when distance separates the partcipants. Telehealth has a role in the federally sponsored plan for Health Information Technology (HIT) that encompasses electronic health records (EHRs) and the National Health Information (NHIN). The goals of Telehealth & the national plan are complementary. The experience of Telehealth in organizing large networks of heterogeneous health-care entities can provide useful lessons as the process of implementing HIT moves forward. After Covid pandemic there is a vast increase in Telehealth & Telemedicine due to its immediate availability & no need of physical visits at hospitals.

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The report "Global Telehealth and Telemedicine Market, By Type (Real Time or Synchronous, Store-and-Forward or Asynchronous, Remote Monitoring, Health Professional to Health Professional, Health Professional to Patient) and Other, By Application (Educational, Healthcare Delivery, Healthcare Management, Screening of Diseases, Disaster Management), and Other, By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030"
Key Highlights:
• In August 10, 2022, Tealdoc Health Makes A1C Testing Easier for Members with Diabetes. At-Home Testing improves Diabetes Care & Control for individuals, Providers & Payers. The A1C testing program to its Livongo by Teladoc Health chronic care solution, makes it easier for members to manage & control their diabetes.
Analyst View:
Increase in acceptance and recognition of Telemedicine by stakeholders during post- Covid. Patients were sceptical about its reliability and were not sure if the doctor would be able to diagnose properly their symptoms or if they would receive good treatment telephonically compared to physical visits. Disruption that Covid brought in everyone's life is undeniable. During this time, Telemedicine became the innovation catalyst in providing quality medical care at people homes. India's expanding internet & mobile connectivity are all positive steps towards rapid adoption of Telehealth in India. As a result, market competition is intensifying, and both big international corporations and start-ups are vying to establish position in the market.
Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on "Global Telehealth and Telemedicine Market, By Type (Real Time or Synchronous, Store-and-Forward or Asynchronous, Remote Monitoring, Health Professional to Health Professional, Health Professional to Patient) and Other, By Application (Educational, Healthcare Delivery, Healthcare Management, Screening of Diseases, Disaster Management), and Other, By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030 "

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Global Telehealth and Telemedicine Market, By Type:
• Real Time or Synchronous
• Store-and-Forward or Asynchronous
• Remote Monitoring
• Health Professional to Health Professional
• Health Professional to Patient
Global Telehealth and Telemedicine Market, By Application:
• Educational
• Healthcare Delivery
• Healthcare Management
• Screening of Diseases
• Disaster Management

Key Market Insights from the report:
Global Telehealth and Telemedicine Market accounted for US$ 51.7 billion in 2020 and is estimated to be US$ 537.96 billion by 2030 and is anticipated to register a CAGR of 26.8%. The Global Telehealth and Telemedicine Market is segmented based on Type, Application and Region.
• Based on Type, Global Telehealth and Telemedicine Market is segmented into Real Time or Synchronous, Store-and-Forward or Asynchronous, Remote Monitoring, Health Professional to Health Professional, Health Professional to Patient.
• Based on Application, Global Telehealth and Telemedicine Market is segmented into Educational, Healthcare Delivery, Healthcare Management, Screening of Diseases, Disaster Management.
• By Region, the Global Telehealth and Telemedicine Market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Competitive Landscape & their strategies of Global Telehealth and Telemedicine Market:
The prominent players operating in the Global Telehealth and Telemedicine Market includes, Zoom, Cisco Systems, American Well, Doxy.me, Teladoc Health, MeMD, HealthTap, Amwell, MDLive, Doctor on Demand Inc., LiveHealth Online, VirtuWell, Sesame Care, PlushCare, Polycom, Philips Healthcare, Alten Calsoft Labs (A Subsidiary of Alten Group), Asahi Kasei Corporation, Cerner Corporation, Chiron Health, Cisco Systems, Globalmed.

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