Latest news with #Telemedicine
Globe and Mail
15-07-2025
- Health
- Globe and Mail
Telehealth Market & Telemedicine Market to Hit USD 180.86 Billion by 2030 with 11.5% CAGR
Browse 548 market data Tables and 65 Figures spread through 500 Pages and in-depth TOC on "Telehealth & Telemedicine Market by Function (Teleconsultation, RPM, Diagnostics & Treatment, Analytics, Administrative), Application (TelelCU, Teleradiology, Telecardiology, Diabetes), End User (Hospital, ASC, Payer), & Region - Global Forecast to 2030 The Telehealth Market & Telemedicine market valued at US$ 83.62 Billion in 2023, is forecasted to grow at a robust CAGR of 11.5%, reaching US$ 94.14 Billion in 2024 and an impressive US$ 180.86 Billion by 2030. The telehealth and telemedicine market are experiencing significant growth primarily driven by the growing geriatric and medically underserved (especially rural) populations, the growing prevalence of chronic conditions, the benefits of telehealth & telemedicine given the current shortage of physicians and care personnel, and advancements in telecommunication technologies, and expansion of remote patient monitoring (RPM) systems. However, regulatory variations across regions, the rise in fraud and abuse within healthcare systems, and behavioural reluctance to adopt new technologies are expected to restrain the market growth during the forecast period. Download PDF Brochure: Browse in-depth TOC on " Telehealth Market & Telemedicine Market" 350 - Tables 50 - Figures 400 - Pages Government initiatives to improve access to healthcare also play a vital role, often providing funding and resources to strengthen telehealth infrastructure, especially in underserved regions. Collaboration between technology firms and healthcare delivery organizations is a very important determinant that will have innovative solutions towards enhancing service delivery and engaging the patient to improved health outcomes. Together, these determinants drive growth in the market and change the face of the healthcare delivery scene to become responsive to patient needs and preferences. By component, the software component is expected to capture the largest share of telehealth & telemedicine market during the forecast period. This would be due to the increasing demand for the digital health solution, which could be used for remote consultations, monitoring, and patient management. The software segment includes different tools and platforms, such as electronic health records (EHR), telemedicine applications, and patient management systems, which are important for providing virtual healthcare services. The product will increase productivity in the hands of healthcare providers through proper communication, real-time tracking of information, and inclusion into other service offerings. Moreover, the cloud-based platform and AI machine learning in application software also support their adoption by enriching the features of diagnosis, treatment plans, and predictive analytics. The healthcare systems that are increasingly adopting digital transformation will be dominated by software solutions in terms of scalability, flexibility, and improved patient outcomes. By Age group, adults segment is dominated the telehealth & telemedicine market. This is due to the steadily rising prevalence rate of chronic diseases and the growing desire for healthcare care among adults. Adults, especially those above age 40, normally require regular and continued monitoring management of conditions for diabetes, high blood pressure as well as cardiovascular-related diseases, which telehealth can be very useful. Telemedicine is easy and convenient for adults to access healthcare services without the need for frequent in-person visits, which is very helpful for people with mobility issues, busy schedules, or limited access to healthcare facilities. Moreover, adults are more likely to embrace technology and use digital health solutions for managing their health, thus contributing to the dominance of the segment in the telehealth and telemedicine market. The major players in the telehealth & telemedicine market with a significant global presence are Koninklijke Philips N.V. (Netherlands), Medtronic (Ireland), GE Healthcare (US), Epic Systems Corporation (US), Oracle (US), Doximity, Inc. (US), Teladoc Health, Inc. (US), American Well (US), Siemens Healthineers AG (Germany), Cisco Systems Inc. (US), Included Health, Inc. (Doctor on Demand, Inc.) (US), AMC Health (US), TeleSpecialists (US), Walgreen Co. (US), Caregility (US), CVS Health (US), EverNorth Health, Inc. (US), Elation (US), Iron Bow Healthcare Solutions (US), and Zoom Communications, Inc. (US), Timedoc Health (US), Cerebral Inc. (US), Kindbody (US), Transcarent (US), and Caresimple, Inc. (US). The market players have adopted strategies such as acquisitions, collaborations, partnerships, mergers, product/service launches & enhancements, and approvals to strengthen their position in the telehealth & telemedicine market. The product and technology innovations have helped the market players expand globally by providing telehealth & telemedicine solutions. These players not only have a comprehensive and diverse product portfolio but also a strong geographic presence. With the increasing adoption of telehealth and telemedicine in various healthcare applications, these players can focus on developing innovative virtual care platforms and adaptive trial design advanced remote patient monitoring solutions, and integrated telemedicine services. These market players offer a diverse range of products and services worldwide. They rely on technological advancements to develop innovative products and services and increase their global footprint. Increasing focus on acquisitions, collaborations, partnerships, mergers, product/service launches and enhancements, and approvals, facilitate the market players to expand their global reach and develop advanced telehealth & telemedicine solutions to sustain their market positions. Koninklijke Philips N.V Koninkliike Philips N.V. is a diversified technology-based company in the healthcare and consumer lifestyle markets. It is one of the leading companies in the healthcare sector with a strong presence in cardiac care, acute care, and home healthcare. The company operates through four segments: Personal Health, Diagnosis & Treatment, Connected Care, and Others. The telehealth and telemedicine services fall under the connected care segment. The connected care segment consists of following business's monitoring, sleep & respiratory care and enterprise informatics. The telehealth solutions are used by providers and patients. The company operates in North America, Europe, the Asia Pacific, Latin America, and the Middle East & Africa. In November 2024, Philips has received FDA approval for remote scanning and protocol management features in its Radiology Operations Command Centre (ROCC), allowing radiologists to assist with scans remotely. In January 2023, Philips and Masimo expanded their partnership to enhance telehealth by integrating the Masimo W1 health-tracking watch with Philips' monitoring systems for better patient care at home. Medtronic Medtronic is one of the largest medical technology, services, and solutions companies globally. The company operates through four principal segments, namely, Cardiovascular, Diabetes, Medical Surgical, and Neuroscience. The company extends telehealth solutions across all four segments. Within the Cardiac and Vascular segment, it offers products and services to diagnose, treat, and manage cardiac rhythm disorders and cardiovascular diseases. Medtronic's portfolio encompasses remote monitoring platforms and patient-cantered software through its products and Medtronic Care Management Services. The telehealth solutions offered by the company cover glucose management and cardiac condition management. Medtronic's telehealth device offerings include Bluetooth-enabled and direct-connect peripherals. These devices comprise weight scales, glucometers, blood pressure monitors, pulse oximeters, pedometers, and activity trackers. Medtronic serves its customers in ~160 countries worldwide. The company operates in North America, Latin America, Europe, Asia Pacific, Middle East and Africa and Russia. Epic Systems Corporation Epic Systems is a software development, installation, and support company that also provides consulting services. The company establishes healthcare management software that combines financial and clinical information from inpatient, ambulatory, and payer technology systems. The company's core competency is to provide EHR software solutions. Epic Systems Corporation is integrating Al into telehealth and telemedicine through strategic partnerships with Microsoft and generative Al technologies. Epic aims to improve productivity and patient care in virtual healthcare settings by combining its EHR solutions with Microsoft's Azure OpenAl Service. This encompasses improving workflows, enabling generative Al to compose message responses, and supporting natural language queries. Epic's Al efforts also focus on enhancing self-service reporting tools, maintaining financial integrity, and improving clinical outcomes, all of which will enhance global telehealth and telemedicine systems. It operates its offices in the US, UK, Canada, Denmark, the Netherlands, Norway, Saudi Arabia, the UAE, Finland, Ireland, Australia, Singapore, and Switzerland. For more information, Inquire Now!
Yahoo
24-06-2025
- Business
- Yahoo
Mobile Scan Radiology Room Market Size, Share, Trends, Analysis, and Forecasts, 2024-2025 & 2026-2034
The Global Mobile Scan Radiology Room Market is projected to grow from USD 6.52 Billion in 2025 to USD 10.73 Billion by 2034, at a CAGR of 7.4%. Key growth factors include technological advancements, telemedicine integration, and increased demand in remote areas. North America and Europe lead in adoption while Asia-Pacific shows rapid uptake. Key trends include AI diagnostics, solar-powered units, and digital health integration. Mobile Scan Radiology Room Market Dublin, June 24, 2025 (GLOBE NEWSWIRE) -- The "Mobile Scan Radiology Room Market Size, Share, Trends, Analysis, and Forecast 2025-2034 | Global Industry Growth, Competitive Landscape, Opportunities, and Challenges" has been added to offering. The Global Mobile Scan Radiology Room Market is projected to reach USD 6.52 Billion by 2025, with a robust CAGR of 7.4%, anticipated to hit USD 10.73 Billion by 2034 This market represents a pivotal segment of mobile healthcare infrastructure, offering diagnostic imaging services through mobile units equipped with cutting-edge radiography, fluoroscopy, CT, or X-ray systems. Designed to serve remote, underserved, or emergency areas, these units are a strategic asset for expanding diagnostic capabilities without costly infrastructural investments. The momentum gained in 2024 is attributed to the rising demand for decentralized healthcare and integration with telemedicine. Technological innovations are leading to lighter, more energy-efficient imaging equipment, while hybrid models with radiology and laboratory capabilities are emerging. North America and Europe are key markets, with Asia-Pacific displaying rapid adoption due to rural health initiatives. Future expansions are expected to integrate AI-assisted diagnostics, solar or electric power synergies, and enhanced digital platform interoperability, rendering mobile scan radiology rooms central to future healthcare mobility. Analysis and Customization: The comprehensive analysis covers latest trends, trade dynamics, and supply-chain aspects, offering up to 10% free customization to address specific client interests. Post-sale support and report customizations are available to align with individual client needs, ensuring an exhaustive understanding of market opportunities and challenges. Who Can Benefit: Top management, strategists, product developers, and investors can harness this research to navigate market landscapes, identify emerging opportunities, analyze competition, and strategize investments effectively. Key Takeaways: Mobile scan radiology rooms facilitate rapid deployment of imaging services in regions lacking fixed infrastructure. Equipped with advanced X-ray, CT, or fluoroscopy machines, coupled with safety features and climate control. Post-pandemic strategies underscore mobile diagnostics for extended public health outreach and care continuity. Hybrid configurations optimize resource-limited settings by combining imaging with point-of-care lab services. Regulatory support in North America and Europe fosters adoption, while Asia-Pacific benefits from governmental health initiatives. Advances in AI and cloud-based diagnostics speed up and improve diagnostic accuracy. Battery, solar, and hybrid electric drive systems enhance mobility and reduce environmental impact. Mobile radiology rooms alleviate hospital wait times, manage overflow, and support satellite facilities. NGOs and private operators leverage these units for diagnostic camps and underserved population outreach. Customizable designs support diverse service deliveries, although workforce training and compliance remain challenges. Direct linkage with digital health platforms facilitates mobile diagnostics' integration into patient care systems. Strategic partnerships with healthcare networks broaden the deployment reach across regions. There is increasing interest in rental and leasing models, enhancing accessibility for smaller healthcare providers. Market Details: Base Year: 2024 Estimated Year: 2025 Forecast Period: 2026-2034 Market Size-Units: USD billion Market Splits Covered: By Product Type, By Application, By End User, By Technology, By Distribution Channel Countries Covered: Includes North America, Europe, Asia-Pacific, Middle East and Africa, South and Central America Key Attributes: Report Attribute Details No. of Pages 150 Forecast Period 2025 - 2034 Estimated Market Value (USD) in 2025 $6.52 Billion Forecasted Market Value (USD) by 2034 $12.4 Billion Compound Annual Growth Rate 7.4% Regions Covered Global Companies Featured GE HealthCare Siemens Healthineers Philips Healthcare Canon Medical Systems Corporation Neusoft Medical Systems United Imaging Healthcare Allengers Medical Systems Mobile Healthcare Facilities LLC Medtrucks DMS Imaging Carestream Health Digirad Corporation LG Healthcare Solutions MinFound Medical Systems Shenzhen Anke High-tech Co., Ltd. For more information about this report visit About 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. Attachment Mobile Scan Radiology Room Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
National Post
06-05-2025
- Business
- National Post
MedX Announces Extension of Non-Brokered Private Placement
Article content MISSISSAUGA, Ontario — MedX Health Corp. (' MedX ' or the ' Company ') (TSX-V: MDX) is pleased to announce that, further to its Press Release dated April 7, 2025, when it announced the Initial Closing of the Non-brokered Private Placement to accredited investors originally announced in its Press Release dated February 25, 2025, it has made application to the TSX Venture Exchange for an extension of 30 days to June 6, 2025, within which to effect further closings on this Private Placement. The Initial Closing, effective April 3, 2025, comprised the issuance of 13,500,000 Units (as described in detail in the Company's Press Release dated April 7, 2025) and raised cash proceeds of $945,000. With the extension of the final date for this Placement, it is anticipated that further Closings will take place, for up to a maximum of a further 22,214,285 Units at $0.07 per Unit, to raise up to a further $1,555,000. As previously announced, it is anticipated that, subject to compliance with relevant regulatory provisions, certain Insiders may participate in this Placement at a subsequent Closing, though to not more than 25% of the total funds raised. Funds raised in this Placement will be directed towards continuing development of the Company's leading edge SIAscopy® on DermSecure® telemedicine platform, building out the launch of its technology into the occupational health marketplace, and general corporate purposes. Article content Article content About MedX Health Corp.: Article content MedX, headquartered in Ontario, Canada, is a leading medical device and software company focused on skin health with its SIAscopy® on DermSecure® telemedicine platform, utilizing its SIAscopy® technology. SIAscopy® is also imbedded in its products SIAMETRICS®, SIMSYS®, and MoleMate®, which MedX manufactures in its ISO 13485 certified facility. SIAMETRICS®, SIMSYS®, and MoleMate® include hand-held devices that use patented technology utilizing light and its remittance to view up to 2 mm beneath suspicious moles and lesions in a pain free, non-invasive manner, with its software then creating real-time images for physicians and dermatologists to evaluate all types of moles or lesions within seconds. These products are cleared by Health Canada, the U.S. Food and Drug Administration, the Therapeutic Goods Administration and Conformité Européenne for use in Canada, the U.S., Australia, New Zealand, the European Union, Brazil and Turkey. Visit Article content Article content Article content Article content Article content Contacts Article content Article content Article content
