Telemedicine: Opportunities for Medical and Electronic Providers

Published - Jan 2011| Analyst - Andrew McWilliams| Code - HLC014D
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Report Highlights

The global telemedicine market is expected to grow from $9.8 billion in 2010 to $23 billion in 2015, at a compound annual growth rate (CAGR) of 18.6% over the next 5 years.

SCOPE OF REPORT

This report focuses on global markets for telemedicine technologies and services. The discussion is organized into nine chapters and appendices, as shown below:

  • Telemedicine Overview
  • Telemedicine Technologies and Markets (including analysis of key patents)
  • Telemedicine Services
  • Telemedicine Applications
  • Economics of Telemedicine
  • Opportunities Analysis
  • Consolidation and Ownership Trends
  • Profiles of Important Players
  • Conclusions
  • Appendices 
    • List of Telemedicine Programs Studied
    • Allowable Telemedicine Providers and Services for Medicaid Reimbursement
    • Medicaid Reimbursement Mechanisms for Telemedicine
    • Acronyms

Analyst Credentials

The author of the original report on which this update is based is Sandeep Sugla. Sandeep holds a bachelor’s degree in electronics engineering and has 6 years of research experience in pharmaceuticals, healthcare, medical equipment, and biotechnology.

The analyst responsible for updating the report is Andrew McWilliams, a partner at 43rd Parallel LLC, a Boston-based international technology and marketing consulting firm. Mr. McWilliams is the author of numerous BCC Research studies, including many related to telemedicine, including HLC054B Home Medical Equipment: Technologies and Global Markets, HLC082A Emerging Markets for Advanced Medical Technologies, HLC066A Medical Automation Technologies, Products, and Markets, HLC048B Healthcare Information Technology, and HLC038C Patient Monitoring.

Table of Contents & Pricing

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Published - Dec-2007| Analyst - Sandeep Sugla| Code - HLC014C

Report Highlights

  • The global market for telemedicine increased from $4.8 billion in 2006 to an estimated $5.8 billion in 2007. It should reach $13.9 billion by 2012, a compound annual growth rate (CAGR) of 19%.
  • The telehome market currently accounts for 22% of the market and is expected to capture almost 37% of the telemedicine market by 2012.
  • The telemedicine service market is expected to grow from $3.6 billion in 2007 to $8.3 billion in 2012, mainly driven by the telehospital service market.
Published - Mar-2003| Analyst - Philip Leggiere| Code - HLC014B

Report Highlights

  • The current level of telemedicine expenditures is about $4.33 billion.
  • These expenditures will experience an AAGR of 9.7% from 2002 to 2007.
  • Procurement will continue to be the lead spending category through 2007.
  • In 2007, it will account for a total of $2.16 billion, or about 31% of all spending.
  • Fastest growth in technology spending will be software, at an AAGR of 12.9%.

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