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Brazil, Russia, India, China Telemedicine Market Delivery Mode, Application, Component, Software, Hardware - Forecast to 2020

Brazil: Forecast until 2020

  • March 2016
  • 108 pages
  • ID: 3756545
In this report:
In 2015, the company recorded a decline in its operating income by ##.##% as compares to 2014 owing to a dip in the sales volume of whole blood disposables.
The BRIC telemedicine market is expected to reach USD ##,##.## million by 2020 from USD ##.## million in 2015, at a CAGR of ##.##% from 2015 to 2020.

Summary

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The BRIC telemedicine market is forecasted to reach ~$1.2B by 2020 from $498.70M in 2015, at a compound annual growth rate (CAGR) of 19.2% during the forecast horizon (2015-2020). Telemedicine is the use of electronic communications for medical information exchange from one site to another in order to enhance a patient's clinical health status. In this business report, the BRIC telemedicine market is mostly divided by component, application, delivery mode, and country.

On the basis of component, the BRIC telemedicine market is detached into services, software, and hardware. The services segment recorded for the most important share of the BRIC telemedicine market in 2015. Elements such as growing adoption of remote monitoring solutions and technological improvements in telecommunications are contributing to the rise of this segment.

On the basis of deployment mode, the BRIC telemedicine system market is classified into three segments, that is, on-premise, web-based, and cloud-based. The web-based segment recorded for the biggest share of the BRIC telemedicine delivery mode market in 2015. Elements such as huge customer base and remote data accessibility are driving the increase of this segment.

On the basis of application type, the BRIC telemedicine market is broken down into teleconsultation, teleradiology, telecardiology, telepathology, teledermatology, and other applications. The teleconsultation segment recorded for the biggest share in 2015.

China (CN) recorded for more than half of the BRIC telemedicine market in 2015. It is a main market for telemedicine due to Elements such as the huge awareness and acceptance of telemedicine, increasing incidences of chronic and lifestyle diseases, and increasing healthcare expenditure. Additionally, main local firms have easy access to this market, which makes it the biggest and most significant market for providers. Brazil (BR), on the other hand, is anticipated to grow at the highest compound annual growth rate (CAGR) over the upcoming five years. Increase in the Brazilian telemedicine market is primarily driven by the increased purchasing power, emerging mindset towards wellness, and growing healthcare expenditure.

The need for better healthcare in rural areas, tremendous increase in telecommunication, increasing prevalence of chronic diseases in BRIC nations, and low cost of telemedicine are the main factors fuelling the increase of this market. Nevertheless, high infrastructure cost and lack of skilled resources may restrain the market increase. On the other hand, favorable government initiatives present a huge increase potential for telemedicine in the BRIC nations.

Why acquiring this study can help you:

From an insight prospect, this market research has emphasized several levels of analysis - industry, market share research of top players, supply chain research, and company descriptions, which together comprise and examine the basic overviews on the competitive landscape; coming out and high-growth segments of the BRIC telemedicine market; high-growth areas; and sector drivers, market restraints, and alternatives.

This study furnishes highlights on the following points:

- Business entry: Exhaustive information on gallery equipment provided by the top actors in the overall BRIC telemedicine market

- Product improvement/Innovative products: In-depth understanding on the next technologies, analysis & growth activities, and recent product launches in the BRIC telemedicine market

- Industry development: Highlighted information about lucrative emerging markets-the report examines the industries for BRIC telemedicine across several areas

- Industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the overall BRIC telemedicine market

- Opposing assessment: Detailed assessment of market shares, strategies, products, and manufacturing competences of the key players in the overall BRIC telemedicine market

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