Global Tele-Care Unit Market was valued at USD XX million in 2019, and it is expected to reach USD XX million by 2026 while witnessing a CAGR of 18.37% during the forecast period of 2020-2026.
The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
Telecare is the application of telemedicine to deliver medical services to patients in their own homes or supervised institutions. Telecare utilizes information and communication technologies to transfer medical information for the diagnosis and therapy of patients in their place of domicile
The report covers the current estimated and forecasted data for the Global Tele-Care Market on a global and regional level. The report provides an in-depth analysis of the Global Tele-Care Market for the period 2019 – 2026, wherein 2019 is the base year and the period from 2020 to 2026 is the forecast period.
Data for 2016- 2018 has been included as historical information. The study provides a detailed perspective on market growth, throughout the above forecast period in terms of revenue estimates (in US$ MN), across the different geographies, which include North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA) and Latin America (LATAM).
The report provides qualitative and quantitative insights on the tele-care industry trends and a detailed analysis of the market size and growth rate of all segments in the market. The Global Tele-Care Market is segmented by Product by Product Type, End-User and Region.
Global Tele-Care Unit Market Key Players
GE Healthcare, Abbott Laboratories, Dexcom, Inc., AMD Global Telemedicine, Inc., Bayer HealthCare AG, Boehringer Ingelheim GmbH, Bosch Healthcare Solutions, GlobalMed, Wellbeing, and Apple Inc.
Global Tele-Care Unit Market Dynamics
The adoption of computing and information technology in hospitals and healthcare centers is the driving factor for the global tele-care market. Development in network systems and telecommunication systems as well as a technology-led society helping to grow the global market. Growing applications of tele-care in the military, as well as in-home settings, propel the global market worldwide. Telecare equipment and services support safe and independent livings as well as helps us to stay independent in the comfort of our own homes. 24 X 7 service availability makes the greater benefit of telecare among elder and vulnerable peoples.
Global Tele-Care Unit Market Segment Analysis
Global Tele-Care Unit Market
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The Digital Diagnostic and Monitoring Devices segment of the tele-care unit market was dominant in 2019 and is expected to keep its dominant position by 2027.
With the advent of mobile technology, mobile devices have impacted the human lifestyle on an unimaginable scale. Growing research on new user-friendly digital blood glucose monitor, heart rate monitor, ECG monitor monitors and implications of such technologies in health care and clinical research are imped the global market worldwide. Emerging mobile cloud computing and its tie-up with IoT for pervasive healthcare generate lucrative opportunities for the global market.
Home care settings are highly benefited from the tele-care healthcare system.
Delivery of health services by real-time video communication was cost-effective for home care and access to on-call hospital specialists showed good results for rural service delivery. More efficient use of the healthcare workforce has observed in-home care settings.
Cost savings of $4.3 billion observed a year if telehealth were implemented to facilitate consultations between healthcare providers in the USA
Global Tele-Care Market Regional Analysis
Global Tele-Care Market Regional Analysis
Global Tele-Care Unit
GE Healthcare, Abbott Laboratories, Dexcom laboratories are the prominent players in the global tele care market, which have their headquarters from this region.
Enhanced patient care in North American countries is achieved by advanced technology that helps you make better clinical, operational, and financial decisions across the continuum of care.
A large number of nursing activities in this region are increasing their dependency and providing better patient management through therapeutic devices. Adoption of therapeutic devices under tele care is aiding its importance, with the potential to help providers and caregivers to improve post-acute care, specifically for patients leaving the care. Thus, over the forecast period, awareness about these devices is expected to significantly improve the emerging tele-care unit market.
The objective of the report is to present a comprehensive analysis of the Global Tele-Care Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.
The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding the Global Tele-Care Market dynamics, structure by analyzing the market segments and projects the Global Tele-Care Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Tele-Care Market make the report investor’s guide.
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Global Tele-Care Market Report Scope: Inquire before buying
Global Tele-Care Market
Global Tele-Care Market Key Players
• InTouch Technologies, Inc.
• Advanced ICU Care
• Koninklijke Philips N.V.
• UPMC
• Banner Health
• TeleICUCare
• Eagle Telemedicine
• Apollo Tele Health Services
• SOC Telemed
• INTeleICU
• INOVA
• Philips
• iMDsoft
• VISICU
• GE Healthcare
• Abbott Laboratories
• Dexcom Inc.
• AMD Global Telemedicine Inc.
• Bayer HealthCare AG
• Boehringer Ingelheim GmbH
• Bosch Healthcare Solutions
• GlobalMed
• Welbeing
• Apple Inc.
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