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Telemedicine Equipment Market Share

Report ID: GMI4633
Published Date: Mar 2022
Report Format: PDF

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Telemedicine Equipment Market Share

Major key players in the industry are:

AMD Global Telemedicine
AFC Industries
American Well
VSee
Poly
Parsy
Cura Carts
Ergotron

The market players are focusing on a combination of inorganic and organic growth strategies to increase their revenue growth and gain major business share in the telemedicine equipment market.

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

The global market for telemedicine equipment surpassed $3.5 billion in 2021 and is estimated to record a robust CAGR of 17.3% during the forecast period of 2022-2028.

Peripherals accounted for more than 65% share of the global market revenue in 2021 as they consist of stethoscopes, digital cameras, ultrasound probes, pulse oximeters, and many other devices and are widely used by frontline caregivers for patient monitoring and remote check-up.

The global telemedicine equipment industry size from specialty care centers is predicted to register more than 18% CAGR through 2028 as these centers offer specialized care and treatment for a wide range of neurological, dermatological, orthopedic, and cardiac disorders.

North America telemedicine equipment market share was valued at $2.26 billion in 2021 and is expected to observe 16.7% CAGR through 2028 owing to the severe impact of COVID-19 pandemic and limitations on in-person medical consultations and diagnosis of other diseases.