Impact Analysis of Covid-19
The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.
Global AI in Telehealth and Telemedicine market anticipated propelling by the growing adoption of AI to achieve chronic disease management, optimize medical care, record the burden of disease, and fill medical gaps
Global AI in Telehealth and Telemedicine market projected to grow with a noteworthy rate during the timeline period, 2020-2027. It is due to the mounting geriatric population, rising demand for accessible healthcare services, especially in remote areas, and the advent of technological improvements related to AI. AI can be extended to the diagnostic room to assist doctors in examining patients. Telemedicine and telehealth rely on modern information technology to build a networked information platform that connects medical institutions and patients in different regions and conducts medical activities such as cross-agency, cross-regional medical diagnosis, and professional medical exchanges.
Additionally, the ability of telehealth AI enhance health outcomes, reduce costs and surges demand for AI telemedicine that can save the patients, providers, and payers' money, thus augment the global AI in telehealth and telemedicine market. Artificial intelligence in health medicine and assisting doctors in the diagnosis and treatment of patients through means such as big data and AI robots. Medical treatment is an essential area for the application of artificial intelligence technology, and multiple technology platforms have gradually entered commercial applications.
Offering Overview in the Global AI in Telehealth and Telemedicine Market
Based on offering, the AI in Telehealth and Telemedicine market classified into Hardware, Software, and Services. The software segment likely to gain maximum market share by 2027. It is due to its features like improved workflow, increasing accessibility and efficiency through reducing the need to travel, providing clinical support, overcoming geographic barriers, and improving patient outcomes.
Technology Overview in the Global AI in Telehealth and Telemedicine market
Based on technology, the global AI in Telehealth and Telemedicine market categorized into Machine Learning, NLP, Context-Aware Computing, and Computer Vision. The Machine Learning segment would capture larger market value by 2027, as it streamlines administrative processes in hospitals, treat and map infectious diseases and personalize medical treatments, and impact health systems and hospitals in improving efficiency, while reducing the cost of care.
Platform Overview in the Global AI in Telehealth and Telemedicine Market
Based on Platform, the global AI in Telehealth and Telemedicine market classified into Direct-to-Consumer, Direct-to-Patient, and Employer Clinic. The Direct-to-Consumer segment projected to lead the market due to its benefits, like patients can virtually access to physicians for minor illnesses, rashes, or behavioural health issues. Patients can access these visits via telephone or videoconferencing on their smartphone, tablet, or laptop.
Solution Overview in the Global AI in Telehealth and Telemedicine Market
Based on the solution, the global AI in Telehealth and Telemedicine market categorized into Teleconsultation, Telemonitoring, Tele-education, Telecare, Telesurgery, and Others. The Teleconsultation segment would likely maintain its superiority as a result of increasing the quality of patient care and structure the examination process within a collaboration activity with other healthcare professionals.
End-User Overview in the Global AI in Telehealth and Telemedicine Market
Based on end-user, the global AI in Telehealth and Telemedicine market categorized into Healthcare Provider, Pharmaceutical & Biotechnology Company, Patient, and Payer. Healthcare Provider segments estimated to dominate the market by 2027 due to the benefits of AI in vital tools in a physician's arsenal and reduce patient wait times, overcrowding in health systems, and unnecessary patient visits.
Regional Overview in the Global AI in Telehealth and Telemedicine Market
By geography, the Global AI in Telehealth and Telemedicine Market segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America expected to dominate the market owing to the technological advancements in the healthcare system and surge in government's investments in the healthcare industry.
Global AI in Telehealth and Telemedicine Market: Competitive Landscape
Companies such as American Well, InTouch Technologies, Inc., Dialogue. Subtle Medical and BioSymetrics are the key players in the Global AI in Telehealth and Telemedicine Market.