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Telemedicine Global Market Report 2023: Optimizing Elderly Care a Major Driver for Telemedicine Market Development

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Dublin, May 23, 2023 (GLOBE NEWSWIRE) — The “Telemedicine Market by Technology, Deployment, Therapeutic Type, and Application 2023 – 2028” report has been added to ResearchAndMarkets.com’s offering.

This report evaluates the telemedicine market including technologies, solutions, applications, and services. This includes analysis of major players, strategies, and solutions. The report assesses the means of deployment, device, and therapeutic types by solution. The report also analyzes market opportunities by hardware, software, and services by region. This includes forecasts for each major component from 2023 to 2028.

Select Findings:

  • The overall telemedicine market will reach $238 billion by 2028
  • Teleconsultation will be one of the fastest-growing telemedicine solution areas
  • Web-based apps and services are growing 43% faster than proprietary client-based solutions
  • COVID-19 pandemic is driving further investment, but the ageing population is the biggest factor
  • China is a highly promising market due to the very large and fast-growing elderly population in cities
  • The ability to quickly implement and scale-up telemedicine operations is an important factor for deployment
  • Elderly population a major growth segment with limiting adoption factors patient difficulty hearing, seeing, and communicating

Telemedicine involves the fulfillment of healthcare services to people from a distance using software solutions and telecommunication technology. It connects patients with doctors or physicians or other healthcare providers commonly used by hospitals, clinics, and telemedicine service providers. Advanced wireless and networking technologies, coupled with recent advances in biotechnology, biosensors, and software engineering, have enabled promising growth in telemedicine healthcare ecosystems.

Expert medical care delivered via telemedicine can significantly improve healthcare services for rural areas, remote locations, and underdeveloped nations. For the developed nations, telemedicine is increasingly gaining popularity due to its high potential for cost savings, healthcare availability, and increased efficiency in healthcare service delivery. As the recent pandemic has made abundantly clear, uninterrupted access to healthcare services is a critical need for society.

There is also a crucial need to reduce ever-expanding societal healthcare costs. This is particularly the case for the aging population in developed countries. For example, a couple in the United States that plans to retire in 10 years can expect to pay over $330,000 during retirement on healthcare (an amount equaling about 92% of their lifetime Social Security benefits and growing).

By 2050, the global population is anticipated to reach nearly 10 billion. One in six of those people will be over age 65 with 426 million aged 80 years or over. The 65+ year old age bracket is the fastest-growing segment, which correlates with steady growth in life expectancy worldwide. In 1960, the average UK citizen would live until about 70, but now 80 years old is the expected age of death. The United States has similar numbers. However, life expectancy in China has dramatically increased from the mid-forties in 1960 to the mid-seventies today.

Accordingly, the growing elderly population in many countries is a major growth segment for the telemedicine market. For example, up to 25% of physician office visits in the United States involve geriatric patients who often have multiple morbidities and disabilities. While there remains some hesitancy for some seniors (such as difficulty seeing, hearing or communicating via telehealth sessions), we are confident that emerging technologies will make accommodations possible for improved market adoption.

While there are many technological factors driving the market, such as more ubiquitous broadband communications and machine-to-machine communications, there are a few fundamental market drivers that ensure ongoing growth for the telemedicine market. The following factors apply to the general population as a whole, but particularly to senior citizens:

  • Cost Savings: Perhaps the best-known advantage of the telemedicine market is the greater financial efficiencies associated with telehealth vs. in-person healthcare delivery, which amounts to a cost savings of $20 to $120 per patient visit.
  • Health & Safety: For those that are immune-compromised and/or concerned about infections, such as COVID-19, the telemedicine market provides a viable alternative to in-person consultation and treatment.
  • Privacy: With Telemedicine market services, there is no need to be concerned about privacy issues associated with in-person service such as people overhearing one’s health issues.
  • Time Savings and Convenience: The telemedicine market provides many conveniences and time savings for users as it completely removes travel time to/from a doctor’s office and spending time in a waiting room to be seen.
  • Undivided Attention: With a regular doctor visit, there is often distraction as aids come and go. However, the telemedicine market is all about one-on-one focus between the caregiver and the patient.

Key Topics Covered:

1.0 Executive Summary

2.0 Introduction

3.0 Technology and Application Analysis
3.1 Telemedicine Hardware Analysis
3.1.1 Telehealth Station
3.1.2 Medical Peripherals
3.1.3 Axial Bone Densitometry
3.1.4 Medical Integrated Device
3.1.5 Telemedicine Kiosks
3.1.6 Storage Server
3.1.7 Computing Device
3.2 Telemedicine Equipment Analysis
3.2.1 Telemedicine Carts
3.2.2 Digital Camera
3.2.3 Telemedicine Kits
3.2.4 Mobile Medical Device
3.3 Telemedicine Software Analysis
3.3.1 Remote Patient Monitoring
3.3.2 Store and Forward Telemedicine
3.3.3 Real Time Telemedicine
3.3.4 Integrated Software Solution
3.4 Telemedicine Application Analysis
3.4.1 Teleradiology
3.4.2 Telepathology
3.4.3 Telepsychiatry
3.4.4 Telecardiology
3.4.5 Teleconsultation
3.4.6 Tele-dermatology
3.4.7 Tele Home Care
3.4.8 Teleoncology
3.4.9 Tele Emergency Medication
3.4.10 Tele Training
3.4.11 Tele Education
3.5 Telemedicine Application in Industry Vertical
3.5.1 Healthcare Facilities (Hospital, Clinics, Service Providers)
3.5.2 Homecare (Patients & Payers, Mobile Health)
3.6 Telemedicine Prospect in Region
3.7 Telemedicine Software Solution Design
3.8 Web Based vs. Cloud Based Telemedicine
3.9 Telemedicine Business Model and Cost Framework
3.9.1 Store and Forward Telemedicine
3.9.2 Real-time Telemedicine
3.9.3 Cost Framework
3.10 Industry Use Case Analysis
3.10.1 Potential Telemedicine Use Case Idea
3.11 Telecommunication Networking and Market Opportunity
3.12 Telemedicine Infrastructure Security and Market Opportunity
3.13 Artificial Intelligence and Market Opportunity in Telemedicine
3.14 Telemedicine Data Analytics and Market Opportunity
3.15 Multi-Access Edge Computing and 5G Network
3.16 IoHT and Wearable System

4.0 Company Analysis

5.0 Market Analysis and Forecast 2023 – 2028

6.0 Conclusions and Recommendations

Companies Mentioned

  • 2nd.MD
  • Aerotel Medical Systems
  • Allscripts Healthcare Solutions
  • AMD Global Telemedicine
  • American Well
  • Apollo Hospital
  • BioTelemetry (LifeWatch AG)
  • CISCO Systems
  • Cloudvisit
  • Cochlear
  • Doctor on Demand
  • Encounter Telepsychiatry
  • F. Hoffmann-La Roche
  • GE Healthcare
  • GlobalMed
  • Haemonetics
  • Honeywell
  • InTouch Technologies
  • Maestros Telemedicine
  • McKesson Corporation
  • MED-EL Medical Electronics
  • Medisoft Telemedicine
  • MEDLIVE
  • Medtronic
  • Nurotron Biotechnology
  • Oticon (Demant)
  • Philips Healthcare
  • Reach Healthcare Foundation
  • SnapMD Telemedicine
  • Sonova Group (Advanced Bionics)
  • Teladoc Health
  • Telemedicine Inc.

For more information about this report visit https://www.researchandmarkets.com/r/lehbdo

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.


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Artificial Intelligence

Clinical Trials Matching Software Market Projected to Reach $832.56 million by 2030 – Exclusive Report by 360iResearch

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PUNE, India, April 18, 2024 /PRNewswire/ — The report titled “Clinical Trials Matching Software Market by Functionality (Analytics & Reporting, Compliance Tracking, Data Management), Deployment (Cloud & Web Based, On-Premise), End-Use – Global Forecast 2024-2030” is now available on 360iResearch.com’s offering, presents an analysis indicating that the market projected to grow from a size of $342.20 million in 2023 to reach $832.56 million by 2030, at a CAGR of 13.54% over the forecast period.

“The Global Surge in Adoption of Matching Software for Enhanced Participant Enrollment”
Clinical trials matching software stands at the forefront of revolutionizing clinical research by automating the process of identifying and enrolling eligible participants. These platforms offer a streamlined approach to match patient health profiles with trial requirements, accelerating enrollment and supporting the shift toward personalized healthcare using these advanced AI and ML technologies. Although integrating these systems poses challenges due to variations in healthcare IT infrastructure and the imperative for rigorous data security, the potential for market growth is substantial. In the Americas, a robust clinical trials ecosystem thrives; in the European Union, it has unified regulatory standards and extended to emerging regions such as the Middle East, Africa, and the APAC countries; the demand for such innovative solutions is on a steep rise. This demand is fueled by governmental support, the evolving regulatory landscape, and strategic partnerships to embed these solutions within electronic health records, underscoring a global movement toward optimizing clinical trial processes to better cater to specific patient demographics.
Download Sample Report @ https://www.360iresearch.com/library/intelligence/clinical-trials-matching-software
“The Rise of Virtual Trials and Advanced Matching Software”
The healthcare landscape is witnessing a transformative shift toward virtual clinical trials, fueled by technological advancements and the necessity for continuity during the COVID-19 pandemic. This transition supports research amid social distancing measures and introduces significant cost savings by reducing the need for physical infrastructure and in-person interactions. The efficiencies brought by electronic health records (EHR), wearable technologies, and automation streamline the entire process, from patient recruitment to data analysis. Several approaches, endorsed by regulatory bodies such as the FDA, represent a leap forward in making clinical trials more accessible and streamlined, ensuring that more patients can participate in potentially life-saving research without the geographical and logistic constraints of traditional trials.
“Enhancing Clinical Trials through Advanced Analytics, Rigorous Compliance, and Precision-Patient Matching”
Integrating advanced analytics, meticulous compliance monitoring, and precision-patient matching marks a significant advancement toward maximizing efficiency and fostering trial diversity. The software delivers insightful data on trial progress, participant demographics, and enrollment figures, empowering stakeholders to make well-informed decisions and optimize resource distribution to meet trial goals effectively by implementing cutting-edge analytics. The built-in compliance feature ensures trials are conducted in strict adherence to regulatory standards, minimizing risks associated with non-compliance. Furthermore, a robust data management system guarantees the integrity and availability of clinical trial data, which is critical for the seamless operation and real-time analysis of trials. The software includes state-of-the-art patient matching technology, which employs sophisticated algorithms and artificial intelligence to expedite recruitment by accurately identifying candidates who match specific trial requirements. This innovative approach accelerates the recruitment timeline and enhances the diversification of trial participants, paving the way for more inclusive and representative clinical research outcomes.
Request Analyst Support @ https://www.360iresearch.com/library/intelligence/clinical-trials-matching-software
“Medidata by Dassault Systèmes SE at the Forefront of Clinical Trials Matching Software Market with a Strong 11.30% Market Share”
The key players in the Clinical Trials Matching Software Market include International Business Machines Corporation, Science 37, Inc. by eMed, LLC, Medidata by Dassault Systèmes SE, AutoCruitment LLC, Deep 6 AI Inc., and others. These prominent players focus on strategies such as expansions, acquisitions, joint ventures, and developing new products to strengthen their market positions.
“Introducing ThinkMi: Revolutionizing Market Intelligence with AI-Powered Insights for the Clinical Trials Matching Software Market”
We proudly unveil ThinkMi, a cutting-edge AI product designed to transform how businesses interact with the Clinical Trials Matching Software Market. ThinkMi stands out as your premier market intelligence partner, delivering unparalleled insights with the power of artificial intelligence. Whether deciphering market trends or offering actionable intelligence, ThinkMi is engineered to provide precise, relevant answers to your most critical business questions. This revolutionary tool is more than just an information source; it’s a strategic asset that empowers your decision-making with up-to-the-minute data, ensuring you stay ahead in the fiercely competitive Clinical Trials Matching Software Market. Embrace the future of market analysis with ThinkMi, where informed decisions lead to remarkable growth.
Ask Question to ThinkMi @ https://app.360iresearch.com/library/intelligence/clinical-trials-matching-software
“Dive into the Clinical Trials Matching Software Market Landscape: Explore 190 Pages of Insights, 286 Tables, and 22 Figures”
PrefaceResearch MethodologyExecutive SummaryMarket OverviewMarket InsightsClinical Trials Matching Software Market, by FunctionalityClinical Trials Matching Software Market, by DeploymentClinical Trials Matching Software Market, by End-UseAmericas Clinical Trials Matching Software MarketAsia-Pacific Clinical Trials Matching Software MarketEurope, Middle East & Africa Clinical Trials Matching Software MarketCompetitive LandscapeCompetitive PortfolioInquire Before Buying @ https://www.360iresearch.com/library/intelligence/clinical-trials-matching-software
Related Reports:
Clinical Trial Support Services Market – Global Forecast 2024-2030Virtual Clinical Trials Market – Global Forecast 2024-2030Clinical Trials Management System Market – Global Forecast 2024-2030About 360iResearch
Founded in 2017, 360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset — our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
Contact 360iResearchMr. Ketan Rohom360iResearch Private Limited,Office No. 519, Nyati Empress,Opposite Phoenix Market City,Vimannagar, Pune, Maharashtra,India – 411014.Email: [email protected]: +1-530-264-8485India: +91-922-607-7550
To learn more, visit 360iresearch.com or follow us on LinkedIn, Twitter, and Facebook.
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RepTrak Announces 2024 Global RepTrak® 100 Report

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BOSTON, April 18, 2024 /PRNewswire/ — The RepTrak™ Company, the world’s leading reputation data and insights company, released its annual Global RepTrak 100 report. Utilizing its advanced reputation monitoring software, RepTrak gathered data from more than 243,000 survey responses across 14 major economies to rank the world’s 100 most reputable companies. They share that ranking alongside a full analysis of global corporate reputation trends and corresponding public sentiment in the 2024 report.

After two years of consecutive Reputation Score declines, this year’s Score is back up with an increase from 73.2 in 2023 to 73.8 in 2024. It’s a small increase after 2023’s full one-point drop. However, it’s an encouraging sign that companies have begun to recover from reputation falls driven by many challenges: macroeconomic issues, workplace difficulties, product problems, and corporate responsibility skepticism.
“This year’s report underscores a pivotal shift in the corporate landscape, spotlighting the remarkable adaptability and dedication of the Top 100 companies in responding to the dynamic needs of stakeholders,” states RepTrak CEO Mark Sonders. “The companies featured in our report are not just riding the wave of change; they are the ones steering it, proving that the best approach to business is one that embraces evolution and champions progress.”
RepTrak’s report explores how people thought, felt, and acted toward companies over the past year. Findings include notable increases in Conduct and Citizenship efforts, stakeholders’ rising willingness to invest, culturally resonant brand communications, and ESG Scores that soared despite skepticism around the acronym.
To read the full 2024 Global RepTrak 100 report, please visit: www.reptrak.com/globalreptrak
About RepTrak
The RepTrak™ Company is the world’s leading reputation data and insights company. We help companies by organizing and grading a variety of reputational elements, offering a real-world report card on their corporate reputation. Subscribers to the RepTrak program use our predictive insights to protect business value, improve return on investment, and increase their positive impact on society. RepTrak’s pairing of advanced metrics and dedicated reputation advisors offers clients an actionable analysis of their reputation data, aligning business objectives with stakeholder sentiment across different markets and sectors.
Established in 2004, The RepTrak Company owns the world’s largest reputation benchmarking database, gathering over 1 million company ratings per year used by CEOs, boards, and executives in more than 60 countries worldwide. For more information, please visit: www.reptrak.com
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Group-IB takes part in a global operation to cripple Canadian Phishing-as-a-Service provider LabHost

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SINGAPORE, April 18, 2024 /PRNewswire/ — Group-IB, a leading cybersecurity company aimed at investigating, preventing, and fight digital crime announced today that it participated in a coordinated global takedown operation against prominent Canadian Phishing-as-a-Service (PhaaS) provider LabHost, which has led to the arrest of 37 suspects across the United Kingdom and around the world by law enforcement agencies. As part of the operation, Group-IB also conducted an extensive analysis of LabHost’s criminal history and infrastructure, including insights into LabHost’s administrative platform and the services it provides to its purported user base which exceeds 2,000 subscribers worldwide, who illegally obtained around 480,000 card numbers, 64,000 pin numbers, and over 1 million passwords from victims used for websites and other online services, according to law enforcement agencies.

“By leveraging our Threat Intelligence and Digital Risk Protection, we are able to identify and monitor phishing attacks and websites like those deployed by LabHost and its subscribers around the world, enabling us to actively alert and protect our customers, and in turn, their customers as well,” said Dmitry Volkov, Chief Executive Officer of Group-IB. “Today’s takedown operation demonstrates the agility and responsiveness of our decentralized Digital Crime Resistance Centers, and how quickly we can provide immediate and local assistance wherever our customers may be.”
First uncovered in late 2021, LabHost emerged as a fully automated Phishing-as-a-Service (PhaaS) platform, streamlining the creation of phishing websites meticulously mirroring the interface and functionality of prominent banking, postal, and financial entities, aimed at intercepting, seizing, and profiting from users’ personal, credit card, and online banking credentials. Users are prompted to select from various “membership plans,” tailored to target businesses and individuals in either the United States and Canada, or globally, akin to mobile subscription models. These plans encompass “standard,” “premium,” and “world membership” tiers, priced between US$179 and US$300 monthly, with options for monthly, quarterly, or annual billing cycles.
For media inquiries, please contact [email protected]
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