Telemedicine Devices Market Set To Grow To Over $1.9bn In 2018

02 August 2018

Visiongain has launched a new pharma report Telemedicine Devices Market 2018-2028:
Forecasts and Analysis by Device Type (Telemonitors, Peripheral Devices). Peripheral Devices (Blood Pressure Monitors, Blood Glucose Monitors, Weighing Scales, Pulse Oximeters, Peak Flow Meters, Others) and Geography, with Profiles of Leading Companies

Telemedicine has the potential to increase access to care, improve patient outcomes and generate cost savings. Telemedicine devices and smartphones can connect patients to caregivers from remote locations/home/non-clinical settings. Through video, audio and chat consultations, patients can have doctor visits when they aren’t able to physically visit them. At present, telemedicine devices market is in growth phase and has a lot of potential to grow in the forecast period. The growing prevalence of chronic diseases and increasing ageing population across the globe are key drivers for growth of telemedicine devices market. Other factors driving the telemedicine market growth are rising awareness among caregivers and patients on benefits of telemedicine, advancements in telemedicine technology and improvement in ICT networks, growing per capita income, and government initiatives for adoption of telemedicine technology. At present many countries lack the proper framework and policies needed for successful implementation of telemedicine. Furthermore, reimbursement codes are not present for reimbursing telemedicine services. However, this scenario is changing and governments in countries such as the US, China, India, Brazil, and many European countries are making reforms in their telemedicine related policies to support telemedicine adoption.

This Visiongain report covers the global telemedicine devices market, including the leading segments and national markets for telemedicine devices. We aim to provide a comprehensive and critical analysis of the market, assessing the market’s potential from a variety of viewpoints. We examine the opportunities and challenges that exist within the market, as well as the major commercial trends. We also analyze the market prospects for different segments and provide an overview of the research and development in this sector.

The lead analyst for this report states:

“One of the great challenges being faced by the healthcare professionals is the increasing burden of chronic diseases such as diabetes, heart diseases and respiratory disorders. Greater longevity, modification of lifestyles and exposure to chronic disease risk factors (e.g. tobacco, inactivity, rich and greasy food), and the growing ability to intervene to keep people alive that previously would have died, has increased the burden on health systems.

Recently compiled data from WHO states that about 150 million people have diabetes mellitus worldwide, and this number may double by 2025. Furthermore, globally, approximately 8 million people die every year due to hypertension. It is estimated that in 2025, an estimated 1.56 billion adults will be living with hypertension. Telemedicine can help in better management of these diseases as well as help to reduce associated cost. The sickness, disability or death associated with chronic disease can be avoided through preventive measures and use of telemedicine. Moreover, when an older person is diagnosed with a chronic disorder, there is feeling of a loss of freedom and autonomy. Telemedicine can offer a good quality life for such patients at home.”

The Global market is highly competitive with many different players entering the market. The report discusses products from leading companies in the market. The report discusses products from leading companies in the market. Notable companies in the Telemedicine Devices market include Royal Philips, Boston Scientific, Medtronic, Plc., Aerotel Medical Systems Limited, Honeywell Life Care Solutions, Omron Corporation, Nonin Medical, Inc., Biotronik, Inc. and Welch Allyn, Inc. amongst others.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to or call her on +44 (0) 207 336 6100

About Visiongain
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.

Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

Recent News

Visiongain Publishes Rare Diseases Market Report 2021-2031

As lockdowns were imposed in all the countries, diagnosis rates went down in majority of countries during the year hitting the drug sales for some period. Although lockdown measures have been eased up in most countries by mid-year 2020, this trend is expected to continue beyond 2020, stock up of medicines by patients is likely to propel the drug sales in majority of the developed economies, which account for majority of rare diseases.

02 March 2021


Visiongain Publishes Respiratory Inhalers Market Report 2021-2031

Product approval is a major milestone facing all key competitors in the respiratory inhalers market. Several strategies were implemented by key market players between 2015 and Jan 2021.

26 February 2021


Visiongain Publishes Bile Duct Cancer Drugs Market Report to 2031

The global bile duct cancer drug market has been growing considerably owing to the rising incidence and prevalence rate of bile duct cancer patients worldwide, technological advancement in drug development, and healthcare spending.

22 February 2021


Visiongain Publishes Big Data Analytics in Healthcare Market Report to 2031

The global Big Data Analytics in Healthcare market has been growing considerably owing to the rising technological advancement, growing investment, and cohesive government policies.

22 February 2021