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U.S. Telemedicine Market Size Worth $25.88 Billion By 2027 | CAGR: 15.8%

The global U.S. Telemedicine Market size is expected to reach USD 25.88 Billion by 2027 according to a new study by Polaris Market Research.<br>

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U.S. Telemedicine Market Size Worth $25.88 Billion By 2027 | CAGR: 15.8%

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  1. ` U.S. Telemedicine Market Market Set to Exceed USD 25.88 Billion By 2027 | CAGR 15.8%

  2. U.S. Telemedicine Market Set to Exceed USD 25.88 Billion By 2027 “U.S. Telemedicine Market Share, Size, Trends, Industry Analysis Report By Component (Hardware, Software & Services), By Application (Teleradiology, Telepsychiatry, Telestroke, Tele-ICU, Teledermatology, Teleconsultation); Mode of Delivery (Mobile Health Apps, Virtual, Telehealth Portals & kiosks), By End User (Providers, Payers, Patients); Segments & Forecast, 2020 –2027” The market is projected to witness a significant growth over the forecast period. In the recent past telemedicine had been witnessing steady growth over the last few years due to a variety of reasons. The sudden advent of healthcare devices, rapid investments in the IoHT, and the recent corona pandemic is all set to propel the market in a direction of high growth. Prior the pandemic, telemedicine was referred to as a suitable service but now is being referred to as absolute necessity considering the advantages that the technique has to offer especially in the times of the pandemic and this factor is propelling rapid growth of the U.S. telemedicine industry. Browse Detailed Research Report On U.S. Telemedicine Market Analysis: https://www.polarismarketresearch.com/industry-analysis/us-telemedicine-market Companies in the U.S. telemedicine industry have streamlined their overall provider onboarding processes in order to gain expansion of their physician capacity. One such company to do so is TelaDoc. The move was aimed to add a significant number of physicians and doctors onboard. This was done in keeping in mind the perception that more the number of doctors better for the patient to access healthcare for treating multiple conditions on a single platform. As number of doctors join on the overall telemedicine platform, it will prompt more and more citizens of the U.S. to opt for the same. The accelerated approvals by the U.S. regulatory agencies is benefitting foreign market participants as well. For example, DreamTech an electronic component company based in South Korea, announced in July 2020, that it has received approval for using its electrocardiogram (ECG) patch Biosensor 1A for usage in telemedicine purposes. The product was developed in partnership with the U.S. based LifeSignals Inc. The sensor is aimed at addressing the understaffing issues caused due to the corona pandemic in hospitals across the nation. Novel product development is a key industry scenario in the U.S. telemedicine industry. In July 2020, MolecuLight Inc., announced the launch of i:X Telemedicine Solution, that enables to perform imaging for the accurate determination of wounds that contain bacteria. The solution essentially connects the patient and the wound care specialist and provides the latter with accurate, objective information on the status of the bacteria in the wound thus facilitating informed decision-making pertaining to diagnosis. Such trends are benefitting the market growth. - 2 -

  3. U.S. Telemedicine Market Set to Exceed USD 25.88 Billion By 2027 Telemedicine has revolutionized the overall healthcare industry in the U.S. The system essential allows immediate access to healthcare providers to patients by using various devices. While the adoption in the U.S. was growing steadily in the past few years, the recent corona pandemic has certainly accelerated the adoption rate. The rising need to maintain social distancing has led to a rise in need for virtual connection between the patients and the doctors thus leading to market growth. In response to the rising number of COVID 19 cases, the U.S. agency, CDC has urged and appealed to healthcare providers across the country to actively engage with patients in a virtual manner. In lieu of this appeal, several federal health agencies took concrete steps for facilitation of telemedicine services through their establishments. The U.S. government also expanded the services to more than 62 million beneficiaries in the country. Some of the major market participants include Koninklijke Philips, Medtronic, GE Healthcare, Cerner Corporation, Siemens Healthineers Ag, Cisco Systems, Asahi Kasei Corporation, Iron Bow Technologies, American Well, Teladoc Health, Medvivo Group, AMC Health, Chiron Health, Zipnosis, VSEE, IMEDIPLUS, MEDWEB, U.S.MED. among others. Request for sample: https://www.polarismarketresearch.com/industry-analysis/us- telemedicine-market/request-for-sample - 3 -

  4. U.S. Telemedicine Market Set to Exceed USD 25.88 Billion By 2027 Table of Contents 1. Chapter 1. Introduction 1.1. Report Description 1.1.1. Objectives of the Study 1.1.2. Market Scope 1.1.3. Assumptions 1.2. Stakeholders 2. Chapter 2. Executive Summary 2.1. Market Highlights 3. Chapter 3. Research Methodology 3.1. Overview 3.1.1. Data Mining 3.2. Data Sources 3.2.1. Primary Sources 3.2.2. Secondary Sources 4. Chapter 4. U.S. Telemedicine Market Insights 4.1. U.S. Telemedicine – Industry snapshot 4.2. U.S. Telemedicine Market Dynamics 4.2.1. Drivers and Opportunities 4.2.1.1. Reduction in the overall cost of care 4.2.1.2. Favorable Regulatory Scenario: - 4.2.1.3. Improvement in the overall patient engagement 4.2.1.4. Service consolidation leading to increase in accessibility 4.2.1.5. Scaling and Optimization of Telehealth program 4.2.2. Restraints and Challenges 4.2.2.1. Barriers to widespread telehealth adoption in the U.S. 4.3. Porter’s Five Forces Analysis 4.3.1. Bargaining Power of Suppliers (Moderate) 4.3.2. Threats of New Entrants: (High) 4.3.3. Bargaining Power of Buyers (Moderate) 4.3.4. Threat of Substitute (Moderate) 4.3.5. Rivalry among existing firms (High) 4.4. PEST Analysis 4.5. U.S. Telemedicine Market Industry trends 4.6. COVID-19 Impact Analysis 4.6.1. Current Scenario and Future Prospects 5. Chapter 5. U.S. Telemedicine Market Assessment by Component (USD Billion, 2015 - 2027) 5.1. Introduction 5.2. Hardware 5.3. Hardware Component Sub Segments 5.3.1. Telemedicine Carts 5.3.2. Kiosks 5.3.3. Digital Cameras - 4 -

  5. U.S. Telemedicine Market Set to Exceed USD 25.88 Billion By 2027 5.3.4. Telemedicine Kits 5.3.5. Mobile Medical Devices 5.3.6. Other Hardware Component 5.4. Software & Services 5.5. Software & Services Component Sub Segments 5.5.1. Remote Patient Monitoring Software & Services 5.5.2. Real-Time Interaction Software & Services 5.5.3. Store-And-Forward Software & Services 5.5.4. Remote Order Entry Service 5.5.5. Other Software & Services 6. Chapter 6. U.S. Telemedicine Market Assessment by Application (USD Billion, 2015 - 2027) 6.1. Introduction 6.2. Teleradiology 6.3. Telepsychiatry 6.4. Telestroke 6.5. Tele-ICU 6.6. Teledermatology 6.7. Teleconsultation 6.8. Other Applications 7. Chapter 7. U.S. Telemedicine Market Assessment by Mode of Delivery (USD Billion, 2015 - 2027) 7.1. Introduction 7.2. Mobile Health Apps 7.3. Virtual 7.4. Telehealth Portals & kiosks 7.5. Other Modes of Delivery 8. Chapter 8. U.S. Telemedicine Market Assessment by End-User (USD Billion, 2015 - 2027) 8.1. Introduction 8.2. Providers 8.3. Payers 8.4. Patients 9. Chapter 9. Competitive Landscape 9.1. Product Launch and Acquisition Analysis 9.1.1. Product Launch 9.1.2. Acquisitions 9.2. Partnerships/Collaborations/Agreements/Exhibitions 10. Chapter 10. Company Profiles 10.1. Allscripts Healthcare Solutions 10.1.1. Business Overview 10.1.2. Financial Snapshot 10.1.3. Products and Services 10.1.4. Recent Developments 10.2. AMD Global Telemedicine - 5 -

  6. U.S. Telemedicine Market Set to Exceed USD 25.88 Billion By 2027 10.2.1. Business Overview 10.2.2. Products and Services 10.2.3. Recent Developments 10.3. BioTelemetry 10.3.1. Business Overview 10.3.2. Financial Snapshot 10.3.3. Products and Services 10.3.4. Recent Developments 10.4. Cerner Corporation 10.4.1. Business Overview 10.4.2. Financial Snapshot 10.4.3. Products and Services 10.4.4. Recent Developments 10.5. Cisco Systems 10.5.1. Business Overview 10.5.2. Financial Snapshot 10.5.3. Products and Services 10.5.4. Recent Developments 10.6. Honeywell International Inc 10.6.1. Business Overview 10.6.2. Financial Snapshot 10.6.3. Products and Services 10.6.4. Recent Developments 10.7. InTouch Technologies 10.7.1. Business Overview 10.7.2. Financial Snapshot 10.7.3. Products and Services 10.7.4. Recent Developments 10.8. McKesson Corporation 10.8.1. Business Overview 10.8.2. Financial Snapshot 10.8.3. Products and Services 10.9. OBS Medical 10.9.1. Business Overview 10.9.2. Financial Snapshot 10.9.3. Products and Services 10.9.4. Recent Developments 10.10. GE Healthcare 10.10.1. Business Overview 10.10.2. Financial Snapshot 10.10.3. Products and Services 10.10.4. Recent Developments 10.11. Iron Bow Technologies 10.11.1. Business Overview 10.11.2. Financial Snapshot - 6 -

  7. U.S. Telemedicine Market Set to Exceed USD 25.88 Billion By 2027 10.11.3. 10.11.4. 10.12. 10.12.1. 10.12.2. 10.12.3. 10.12.4. 10.13. 10.13.1. 10.13.2. 10.13.3. 10.13.4. 10.14. 10.14.1. 10.14.2. 10.14.3. 10.14.4. 10.15. 10.15.1. 10.15.2. 10.15.3. 10.15.4. 10.16. 10.16.1. 10.16.2. 10.16.3. 10.16.4. 10.17. 10.17.1. 10.17.2. 10.17.3. 10.17.4. 10.18. 10.18.1. 10.18.2. 10.18.3. 10.19. 10.19.1. 10.19.2. 10.19.3. Products and Services Recent Developments American Well Corporation Business Overview Financial Snapshot Products and Services Recent Developments Teladoc Health Business Overview Financial Snapshot Products and Services Recent Developments Medvivo Group Business Overview Financial Snapshot Products and Services Recent Developments AMC Health Business Overview Financial Snapshot Products and Services Recent Developments Medtronic PLC Business Overview Financial Snapshot Products and Services Recent Developments Siemens Healthcare Business Overview Financial Snapshot Products and Services Recent Developments Asahi Kasei Company Overview Financial Performance Product Benchmarking Koninklijke DSM N.V. Business Overview Financial Snapshot Products and Services Access Press Release on U.S. Telemedicine Market: https://www.polarismarketresearch.com/industry-analysis/us-telemedicine- market/request-for-sample - 7 -

  8. U.S. Telemedicine Market Set to Exceed USD 25.88 Billion By 2027 About Polaris Market Research Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. E mail Id: sales@polarismarketresearch.com Web: www.polarismarketresearch.com Official Blog: http://polarismarketresearch.blogspot.com - 8 -

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