Asia Pacific Telemedicine Market Size and Growth
Analysis:
Asia Pacific
telemedicine market was valued at from $ 8,491 million in 2018
and will reach approximately $ 38,133 million by 2025, growing at a CAGR of 24 %
over the next few years.
Factors Driving Market Growth:
The main driving
force for this regional market is growing aged population, the rising cost of
healthcare, and the rising prevalence of chronic diseases. Technological
discoveries and advancements also fuel market growth. Major market forces are
developing and underdeveloped nations that lack adequate resources for the
telemedicine market. Great technological costs, Lack of physician support, and
bad cases of implementation are the major constraints for the market.
The increase in
average age has resulted in elderly patients who need most healthcare, which is
increasing the overall healthcare cost. The total amount of healthcare
professionals is not enough to meet the demands of the rising global
population. With healthcare specialists scattered across the globe, the telemedicine
support has extended significantly to many regions. Use of telemedicine helps
in improving individual health with the assistance of electronic media. It also
improves accessibility by dropping the distance barriers between doctors and
patients.
Browse details of 130 number
of pages research report developed on Asia Pacific Telemedicine Market Research Report
@ https://www.researchcosmos.com/reports/asia-pacific-telemedicine-market/2010724626
Growing
population, rising number of chronic diseases, lack of strict guidelines for
the practice and increasing access to healthcare services are the main reasons
for telemedicine growth in Asia Pacific region. Deficiency of doctors in rural
areas is a key opportunity for the majority of this market in this region. Limited
reimbursement tools and a lack of consumer awareness hamper the growth of the
market in the Asia Pacific countries.
Medical
consultation assistance will be the regularly used form of telemedicine by
doctors for improving the outreach of their medical advice. The telemonitoring
segment will also enjoy an upward shift owing to the growing diabetic and
disabled population.
Geographical Insights:
On the basis of
geography, the Asia Pacific market is divided into various regions namely,
China, India, and Japan. Japan is one of the few countries in the Asia Pacific
region providing universal healthcare coverage for all its citizens. Japan
Medical Association has made many efforts to support physicians in Japan to
ensure the provision of quality healthcare by offering insurance coverage for
telehealth assistance under universal healthcare insurance system.
Ask Free Sample of the Report
@ https://www.researchcosmos.com/request/asia-pacific-telemedicine-market/2010724626
Some of the important
competitors for Asia Pacific telemedicine market include AMD Telemedicine, Aerotel Medical Systems
Limited, Inc., Cybernet Systems
Corporation, Apollo PACS Inc., CARD GUARD ¨ Group, CardioNet Inc., Cerner
Corporation, , GE Healthcare Ltd., Johns Hopkins Medicine, Honeywell HomMed
LLC, Invivo Corp., Mennen Medical Corp., Philips Healthcare, and others.
For any queries, inquire more
@ https://www.researchcosmos.com/inquire/asia-pacific-telemedicine-market/2010724626
About Us:
Research
Cosmos is a provider of standard and customized Industry research, business
intelligence and consulting services across more than 100 domains in different
industries of the world. We host the trending Industry reports of the world’s
top-notch publishing companies, offering services to a wide range of customers
from students to fortune 500 companies and discloses the hidden opportunities
in every leading industry of the world.
Contact:
Kevin Stewart
kevin@researchcosmos.com
Global
Sales Manager
Research
Cosmos
+1
888 709 8757
No comments:
Post a Comment