This report provides Transforma Insights’ view on the IoT Telemedicine market. This segment comprises mobile and fixed telemedicine solutions. Some of these will be vehicles that connect remote doctors with patients for real-time consultation. Fixed telemedicine solutions include wall-mounted tablets, telemedicine carts, fixed telemedicine monitors, and remote ICUs.
Globally, millions of people are uninsured, and many can’t access primary healthcare services. Fixed and mobile telemedicine solutions can provide affordable (sometimes free) healthcare facilities to underserved and hard-to-reach groups. The use of such solutions not only helps patients but also lessens the burden on healthcare providers through cost savings and efficient utilisation of resources.
The report provides a detailed definition of the sector, analysis of market development and profiles of the key vendors in the space. It also provides a summary of the current status of adoption and Transforma Insights’ ten-year forecasts for the market. The forecasts include analysis of the number of IoT connections by geography, the technologies used and revenue.
A full set of forecast data, including country-level forecasts, sector breakdowns and public/private network splits, is available through the IoT Forecast tool.
This section first explains the general benefits of telemedicine, like allowing doctors to offer virtual face-to-face communication, read and record patients’ health data, and share prescriptions. It then explains how issues like the shortage of nurses, physicians, lab workers, and paramedics can compromise the quality of patient care, along with long distances that patients often have to physically travel (to access healthcare facilities), can be solved by the use of telemedicine, which allows doctors to treat more patients. It also explains how telemedicine solutions can improve healthcare for people who are uninsured or have poor health insurance, and then, it examines key factors that are influencing the development of the market, including:
This section lists the advantages of mobile telemedicine, like providing multiple healthcare services such as lab testing and primary care at affordable rates (as a result of which, developing countries like India are launching mobile medical vehicles with free healthcare facilities). Case in point, under the aegis of the National Health Mission, as of December 2024, there were 1,498 mobile medical units in urban and rural areas of India. It then talks about the ageing population being another factor, which is driving the adoption of mobile clinics, since the elderly demand more healthcare facilities owing to their vulnerability to chronic diseases and being unable to travel long distances to access healthcare services.
This subsection talks about the limitations that may impact the adoption of mobile clinics, including receiving grants from the public sector (especially in developing economies), as their healthcare budget is often constrained.
This subsection focuses on the connectivity technologies that will be used by mobile medical units and discusses how these technologies will optimise their performance. It also mentions the scope of 5G’s Ultra Reliable Low Latency Communication (URLLC) feature in this context and provides an example of a relevant IoT deployment in this application - GlobalMed providing mobile telemedicine solutions in remote areas of Ghana and serving 1000+ patients.
This section of the report begins with the advantages of fixed telemedicine solutions, like increasing the efficiency of medical professionals by reducing their need to travel, thereby ensuring that they’re able to assist as many patients as possible. It also describes one fixed telemedicine solution - telemedicine carts and lists some of their features – like being able to be integrated with medical monitoring devices and support remote doctors to monitor patients’ health data.
It then explains how telemedicine services can be provided to patients through fixed TV kits installed in clinics or hospitals, their advantages, and the connectivity platform these modules use (including Wi-Fi). It also gives a few examples of relevant IoT deployments in this application, like LMH Health offering a virtual nursing program, which helped it reduce the time bedside nurses spend on admissions and paperwork.
The key vendors section lists some of the main providers of products and services related to the market, such as Philips, Amwell, Hops Healthcare, GlobalMed, and Mayo Clinic. The report provides profiles of the various vendors, including aspects most relevant to this Application Group, such as product offerings, pricing, financial results, and technology.
In the market forecasts section, we provide a summary of the forecasts from the Transforma Insights IoT Forecast Database:
The report charts the growth in the number of connected devices, which will grow from 28,000 in 2024 to 97,000 in 2034.
Transforma Insights forecasts are compiled on a country-by-country basis. This report includes a regional summary, showing splits between Australasia, Greater China, North America, Europe, Japan, Latin America, MENA, Russia & Central Asia, South East Asia, South Korea, India & South Asia, and Sub-Saharan Africa.
Transforma Insights’ IoT forecasts include splits between the various connectivity technologies as follows: 2G, 3G, 4G, 5G mMTC, 5G non-mMTC, LPWA (non-mMTC), Satellite, Short Range, and Other.
This section discusses which technologies will be used in the telemedicine application group.
This part of the report discusses the market growth in terms of revenue (module revenue, service wrap revenue, and VAC revenue). Transforma Insights estimates that the revenue in the Telemedicine Application Group will grow at a CAGR of 8%.
