The Oceania telemedicine market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 27% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use sectors. These insights are included in the report as a major market contributor.
Telemedicine refers to the use of electronic devices to seek remote healthcare services by medical professionals. Numerous portals, such as mobile health (mHealth) applications, remote patient monitoring (RPM), and video conferencing, are widely adopted for delivering telemedicine services. These services aid healthcare professionals as well as patients in providing access to high-end healthcare services, enhancing clinical management, minimizing variations in diagnosis, etc. As a result, telemedicine services are extensively deployed across numerous medical specialties, including radiology, oncology, cardiology, neurology, psychiatry, dermatology, etc.
The growing geriatric population, who are more prone to chronic ailments, such as dementia, muscular impairments, arthritis, etc., is augmenting the need for remote patient monitoring applications. This, in turn, is propelling the market for telemedicine services in Oceania. Additionally, the rising penetration of digitalized solutions in the healthcare sector for providing efficient and improved medical assistance is also driving the demand for telemedicine. In line with this, the emergence of smart wearable devices that are integrated with healthcare systems to collect real-time patient statistics and offer accurate telemedicine services is further bolstering the market growth in Oceania. Several regional service providers are focusing on the development of mobile-based software applications for promoting the adoption of eHealth solutions in the region. Moreover, the growing integration of telehealth services with numerous advanced technologies, such as AI, predictive analytics, IoT, cloud computing etc., will continue to drive the market growth in Oceania over the forecasted period.
IMARC Group provides an analysis of the key trends in each sub-segment of the Oceania telemedicine market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, type, service, component, technology, application, delivery mode and end user.
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Breakup by Country:
The competitive landscape of the industry has also been examined with some of the key players being Aerotel Medical Systems (1998) Ltd., Allscripts Healthcare, LLC (Allscripts Healthcare Solutions, Inc.), AMD Global Telemedicine, CardioComm Solutions, Inc, Cerner Corporation, CISCO Systems, Inc., Doctor On Demand, Inc., Ellume Limited, General Electric Company, Honeywell International Inc., iCliniq, Koninklijke Philips N.V, and Teladoc Health, Inc.
|Base Year of the Analysis||2020|
|Segment Coverage||Type, Service, Component, Technology, Application, Delivery Mode, End User, Country|
|Countries Covered||Australia, New Zealand|
|Companies Covered||Aerotel Medical Systems (1998) Ltd., Allscripts Healthcare, LLC (Allscripts Healthcare Solutions, Inc.), AMD Global Telemedicine, CardioComm Solutions, Inc, Cerner Corporation, CISCO Systems, Inc., Doctor On Demand, Inc., Ellume Limited, General Electric Company, Honeywell International Inc., iCliniq, Koninklijke Philips N.V, and Teladoc Health, Inc.|
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