South East Asia Telehealth Market on Track to Hit $20.3 Billion by 2030

1. South East Asia Telehealth Market to be Worth $20.3 Billion by 2030

2. South East Asia Telehealth Market Market – 2023-2030 Meticulous Research®—a leading global market research company—has released a research report titled, 'South East Asia Telehealth Market by Component [Hardware (Peripheral Devices, Monitor), Software (Cloud, On- premises), Services (Real-time, Remote Monitoring)], Application (Radiology, Cardiology, Psychiatry), End User {Provider, Patient} - Forecast to 2030.' According to this latest publication from Meticulous Research®, the South East Asia telehealth market is projected to achieve a valuation of $20.3 billion by 2030, growing at a CAGR of 18.6% during the forecast period. The expansion of this market is primarily driven by the increasing adoption of telehealth solutions, heightened investments in healthcare IT infrastructure, supportive governmental initiatives promoting telehealth services, and the burgeoning elderly population coupled with rising chronic diseases. However, challenges such as technical complexities, security breaches, regulatory hurdles, and the need for physical examinations in telehealth, alongside concerns about privacy and data security, are impeding market growth. Moreover, the deployment of telemedicine through diverse programs and enhanced broadband penetration to extend healthcare service coverage are expected to present lucrative growth prospects for market advancement. Key Players Key players highlighted in the South East Asia telehealth market include Doctor Anywhere Pte Ltd. (Singapore), Cerner Corporation (U.S.), Koninklijke Philips N.V. (Netherlands), Cisco Systems, Inc. (U.S.), Siemens Healthineers AG (Germany), F. Hoffmann-La Roche Ltd (Switzerland), Resideo Technologies Inc. (U.S.), MaNaDr Pte Ltd. (Singapore), Medtronic plc (Ireland), SATA CommHealth (Singapore), DoctorOnCall (Malaysia), Grab Holdings Inc. (Singapore), ClicknCare (Malaysia), and MyDoc Pte. Ltd. (Singapore). South East Asia Telehealth Market: Future Outlook The South East Asia telehealth market is segmented by Component [Services {Real-time (Synchronous), Store-and- forward (Asynchronous), Remote Patient Monitoring}, Hardware {Medical Peripheral Devices (Blood Glucose Monitors, Blood Pressure Monitors, Weighing Scales, Pulse Oximeters, Peak Flow Meters, ECG Monitors, Other Medical Peripheral Devices), Monitors, Telemedicine Kiosks, Telemedicine Carts}, Software {Web & Cloud-based Software, On-premise Software}, Application {Psychiatry, Radiology, Cardiology, Primary Care, Dermatology, Remote ICU, Other Applications}, End User {Healthcare Providers, Patients, Healthcare Payers, Other End Users}, and Country. The report evaluates industry competitors and analyzes their market share at the country level. In 2023, among all components examined, the services segment is anticipated to capture the largest share of the South East Asia telehealth market. This dominance is attributed to the growing adoption of teleconsultation and telemonitoring services, increasing elderly population, and rising prevalence of chronic diseases. Additionally, enhanced access to specialist care, cost reduction in healthcare expenditures, improved health outcomes, enhanced healthcare efficiency, and heightened satisfaction among doctors and patients contribute significantly to the segment’s substantial market share. Similarly, in 2023, the psychiatry segment is projected to lead among all applications in the South East Asia telehealth market. The rising acceptance of telepsychiatry as an efficient tool for enhancing access, quality, and efficiency in mental health treatment, coupled with shortages in primary psychiatric care and the impact of the COVID-19 pandemic, drives the adoption of telepsychiatry services. Psychiatrists utilize telemedicine to provide a range of services equivalent to in-person care, including psychiatric assessments, individual and group therapy, family therapy, patient education, and medication management, thereby fueling market growth. Moreover, in 2023, the healthcare providers segment is expected to dominate among all end users in the South East Asia telehealth market. Factors contributing to this segment's significant market share include increased demand for convenient care and the shortage of healthcare professionals. Furthermore, in 2023, Indonesia is projected to hold the largest market share among all countries examined in the South East Asia telehealth market. This leadership position is driven by higher healthcare expenditure per capita, expanding implementation of universal healthcare programs, growing elderly population, increased government investments in healthcare, and heightened emphasis on integrating digital technology into healthcare services. Page 1 of 2 © Meticulous Research| sales@meticulousresearch.com

3. South East Asia Telehealth Market Market – 2023-2030 Download Sample Report Here @ https://www.meticulousresearch.com/download-sample- report/cp_id=5729 Key Questions Addressed in the Report: • • • • • • • • • What are the high-growth market segments based on component, application, end user, and country? What is the historical market performance of telehealth solutions in South East Asia? What are the market forecasts and estimates for 2023–2030? What are the major drivers, restraints, challenges, and opportunities in the South East Asia telehealth market? Who are the major players in the South East Asia telehealth market? What is the competitive landscape of the South East Asia telehealth market, and who are the market leaders? What recent developments have occurred in the South East Asia telehealth market? What strategies are being adopted by major players in the South East Asia telehealth market? What are the geographical trends and which countries show high growth potential? Contact Us: Meticulous Research® Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous- research Contact Us: Meticulous Research® Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous- research Page 2 of 2 © Meticulous Research| sales@meticulousresearch.com