The global healthcare video conferencing solutions market size is expected to be worth around US$ 120.46 million by 2030, according to a new report by Vision Research Reports.
The global healthcare video conferencing solutions market size was valued at US$ 79.97 Million in 2020 and is anticipated to grow at a CAGR of 8.9% during forecast period 2021 to 2030.
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Report Coverage
| Report Scope | Details |
| Market Size | USD 120.46 Million by 2030 |
| Growth Rate | CAGR of 8.9% From 2021 to 2030 |
| Base Year | 2021 |
| Historic Data | 2017 to 2020 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Deployment mode, Component |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Companies Mentioned | Adobe; Pexip AS; Zoom Video Communications, Inc.; Intrado Corporation; Vidyo, Inc.; Plantronics, Inc.; Logitech; Huawei Technologies Co., Ltd.; Cisco; Avaya Inc. |
Growth Factors
The growing adoption of telemedicine solutions and technological advancements, such as the introduction of 5G technology, is expected to boost the market growth. Furthermore, robust urbanization is anticipated to boost market growth. During the COVID-19 pandemic, demand for remote solutions increased as they aided in reducing the contact of patients with healthcare facilities and their staff. These remote solutions include healthcare video conferencing solutions. They helped doctors to work during the pandemic by catering to their patients. These factors positively influenced the market growth.
Report Highlights
The on-premise segment accounted for the largest revenue share of over 58.0% in 2020. The segment growth is attributed to the growing adoption of on-premise deployment by various organizations, especially large-scale organizations, as they have increasing concerns related to data theft and efficient maintenance of information security systems. Furthermore, the high penetration of these solutions is anticipated to fuel the market growth.
The cloud-based segment is expected to expand at the fastest growth rate of 6.1% over the forecast period. Cloud-based solutions provide increased accessibility to the end users by allowing easy access for video conferencing services through various channels, such as mobile devices and laptops.
Key Players
Market Segmentation
The Healthcare Video Conferencing Solutions market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of Healthcare Video Conferencing Solutions market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
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