As cited by the research report titled ‘Asian Telemedicine Market A? Analysis By Modality Type, Application, End-User, By Region, By Country (2020 Edition) : Market Insights, Covid -19 Impact, Competition and Forecast (2020-2025)’, available with MarketStudyReport, Asian telemedicine market was valued at USD 5884.31 million in 2019 and is likely to expand at 9.8% CAGR over 2020-2025.
 

The convenience and cost-effective mechanism associated with consulting healthcare specialists remotely is a major factor driving Asian telemedicine market growth. Rising geriatric population and high prevalence of communicable diseases are further favoring the industry outlook. Technological advancements in telecommunication leading to telemedicine becoming more accessible and affordable, is positively swaying the industry dynamics.
 

Request sample copy of this report: https://www.marketstudyreport.com/request-a-sample/3001813/
 

The COVID-19 pandemic fostered the expansion of telemedicine companies the travel restrictions. Moreover, fear of infection in hospitals & clinics also facilitated the demand for virtual healthcare services. Many start-ups are successfully integrating aggregator models of patients and healthcare providers, adding traction to the overall market size. 
 

Based on modality type, Asian telemedicine industry is segmented into store-and-forward (asynchronous) and real-time (synchronous). Among these, the store-and-forward (asynchronous) segment is expected to showcase significant growth over the analysis period.
 

Speaking of the end user ambit, the business space is split into hospital facilities, homecare, and others. As cited in the report, hospital facilities segment is slated to expand lucratively over the assessment period as telemedicine platform offers efficient and effective management of hospital data.
 

Considering the application range, the marketplace is categorized into teleradiology, teledermatology, telepathology, telepsychiatry, and others. Among these, teleradiology segment is anticipated to amass considerable valuation over the estimated timeline, as it enables radiologists to access patients’ diagnostic reports remotely. Lack of radiologists in rural and semi urban areas will also propel segmental growth in the forthcoming years.
 

On the geographical front, the industry is studied for Philippines, Singapore, Thailand, Indonesia, Vietnam, Malaysia, China, India, Japan, and South Korea.
 

Leading players in the Asian telemedicine industry are Ping An Good Doctor, WhiteCoat Holdings Pte. Ltd., MyDoc Pte. Ltd., DoctorOnCall, Doctor Raksa Co. Ltd., Doctor Anywhere Pte. Ltd., HaloDoc, Doctor2U, and Doc2us.