The Asia Pacific Telecare Market would witness market growth of 7.4% CAGR during the forecast period (2021-2027).
The growing use of internet networks, as well as smartphone innovation to improve worldwide connectivity, has made it easier to solve care delivery gaps and use telehealth services. The growing need for smartphones and tablets to track health and wellness, as well as to control the rising occurrence of chronic illnesses, is allowing more consumers to leverage more advanced ways of treatment and diagnostics. The increasing utilization of smartphones and other smart devices is considerably propelling the utilization of telecare services. Several healthcare practitioners and insurance companies are teaming up in order to develop strategies to encourage the use of telehealth apps and services. For instance, In Southeast Asia, Haldoc declared a ten-fold growth in active users by 2020.
The private players are gaining substantial prominence and finance in this region. There is a significant number of investments, which are being done by numerous market players as well as government authorities of this region, which are also expected to be used in order to extend the company's capabilities and make its digital health platform more accessible and affordable. in addition, the market is also estimated to observe a considerable demand for telecare services in various emerging economies like India and China in the next years due to rising developments and innovations across the telecommunications sector. Additionally, the healthcare market in India is being driven by a growing occurrence of lifestyle disorders, rising demand for cost-effective healthcare delivery solutions due to rising the emergence of telemedicine, technological advancements, rapid health insurance penetration, and government initiatives such as e-health, as well as tax benefits and incentives.
The China market dominated the Asia Pacific Telecare Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $467.7 million by 2027. The Japan market is estimated to witness a CAGR of 6.8% during (2021 - 2027). Additionally, The India market would exhibit a CAGR of 8.1% during (2021 - 2027).
Based on Product Type, the market is segmented into Activity Monitoring and Remote Medication Management. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Telecare Market is Projected to reach USD 5.5 Billion by 2027, at a CAGR of 5.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Abbott Laboratories, Pfizer, Inc., Sanofi S.A., Johnson & Johnson, AllScripts Healthcare Solutions, Inc., AT&T, Inc., Samsung Electronics Co., Ltd., Apple, Inc., Qualcomm, Inc., and Google LLC.
Scope of the Study
Market Segments Covered in the Report:
By Product Type
- Activity Monitoring
- Remote Medication Management
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Abbott Laboratories
- Pfizer, Inc.
- Sanofi S.A.
- Johnson & Johnson
- AllScripts Healthcare Solutions, Inc.
- AT&T, Inc.
- Samsung Electronics Co., Ltd.
- Apple, Inc.
- Qualcomm, Inc.
- Google LLC
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Telecare Market, by Product Type
1.4.2 Asia Pacific Telecare Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements: 2020, Mar – 2021, Dec) Leading Players
Chapter 4. Asia Pacific Telecare Market by Product Type
4.1 Asia Pacific Activity Monitoring Market by Country
4.2 Asia Pacific Remote Medication Management Market by Country
Chapter 5. Asia Pacific Telecare Market by Country
5.1 China Telecare Market
5.1.1 China Telecare Market by Product Type
5.2 Japan Telecare Market
5.2.1 Japan Telecare Market by Product Type
5.3 India Telecare Market
5.3.1 India Telecare Market by Product Type
5.4 South Korea Telecare Market
5.4.1 South Korea Telecare Market by Product Type
5.5 Singapore Telecare Market
5.5.1 Singapore Telecare Market by Product Type
5.6 Malaysia Telecare Market
5.6.1 Malaysia Telecare Market by Product Type
5.7 Rest of Asia Pacific Telecare Market
5.7.1 Rest of Asia Pacific Telecare Market by Product Type
Chapter 6. Company Profiles
6.1 Abbott Laboratories
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.4 Research & Development Expense
6.1.5 Recent strategies and developments:
6.1.5.1 Product Launches and Product Expansions:
6.2 Pfizer, Inc.
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Regional Analysis
6.2.4 Research & Development Expense
6.3 Sanofi S.A.
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental and Regional Analysis
6.3.4 Research & Development Expense
6.3.5 Recent strategies and developments:
6.3.5.1 Product Launches and Product Expansions:
6.4 Johnson and Johnson
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Segmental &Regional Analysis
6.4.4 Research & Development Expenses
6.5 AllScripts Healthcare Solutions, Inc.
6.5.1 Company Overview
6.5.2 Financial Analysis
6.5.3 Regional & Segmental Analysis
6.5.4 Research & Development Expenses
6.5.5 Recent strategies and developments:
6.5.5.1 Acquisition and Mergers:
6.6 AT&T, Inc.
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Segmental and Regional Analysis
6.6.4 Research & Development Expense
6.6.5 Recent strategies and developments:
6.6.5.1 Partnerships, Collaborations, and Agreements:
6.7 Samsung Electronics Co., Ltd. (Samsung Group)
6.7.1 Company Overview
6.7.2 Financial Analysis
6.7.3 Segmental and Regional Analysis
6.7.4 Research & Development Expense
6.7.5 Recent strategies and developments:
6.7.5.1 Partnerships, Collaborations, and Agreements:
6.7.5.2 Product Launches and Product Expansions:
6.7.6 SWOT Analysis
6.8 Apple, Inc.
6.8.1 Company Overview
6.8.2 Financial Analysis
6.8.3 Product and Regional Analysis
6.8.4 Research & Development Expense
6.8.5 Recent strategies and developments:
6.8.5.1 Partnerships, Collaborations, and Agreements:
6.8.6 SWOT Analysis
6.9 Qualcomm, Inc.
6.9.1 Company Overview
6.9.2 Financial Analysis
6.9.3 Segmental and Regional Analysis
6.9.4 Research & Development Expense
6.9.5 SWOT Analysis
6.10. Google LLC
6.10.1 Company Overview
6.10.2 Financial Analysis
6.10.3 Segmental and Regional Analysis
6.10.4 Research & Development Expense
6.10.5 Recent strategies and developments:
6.10.5.1 Partnerships, Collaborations, and Agreements:
6.10.6 SWOT Analysis
TABLE 1 Asia Pacific Telecare Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Telecare Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Telecare Market
TABLE 4 Product Launches And Product Expansions– Telecare Market
TABLE 5 Acquisition and Mergers– Telecare Market
TABLE 6 Asia Pacific Telecare Market by Product Type, 2017 - 2020, USD Million
TABLE 7 Asia Pacific Telecare Market by Product Type, 2021 - 2027, USD Million
TABLE 8 Asia Pacific Activity Monitoring Market by Country, 2017 - 2020, USD Million
TABLE 9 Asia Pacific Activity Monitoring Market by Country, 2021 - 2027, USD Million
TABLE 10 Asia Pacific Remote Medication Management Market by Country, 2017 - 2020, USD Million
TABLE 11 Asia Pacific Remote Medication Management Market by Country, 2021 - 2027, USD Million
TABLE 12 Asia Pacific Telecare Market by Country, 2017 - 2020, USD Million
TABLE 13 Asia Pacific Telecare Market by Country, 2021 - 2027, USD Million
TABLE 14 China Telecare Market, 2017 - 2020, USD Million
TABLE 15 China Telecare Market, 2021 - 2027, USD Million
TABLE 16 China Telecare Market by Product Type, 2017 - 2020, USD Million
TABLE 17 China Telecare Market by Product Type, 2021 - 2027, USD Million
TABLE 18 Japan Telecare Market, 2017 - 2020, USD Million
TABLE 19 Japan Telecare Market, 2021 - 2027, USD Million
TABLE 20 Japan Telecare Market by Product Type, 2017 - 2020, USD Million
TABLE 21 Japan Telecare Market by Product Type, 2021 - 2027, USD Million
TABLE 22 India Telecare Market, 2017 - 2020, USD Million
TABLE 23 India Telecare Market, 2021 - 2027, USD Million
TABLE 24 India Telecare Market by Product Type, 2017 - 2020, USD Million
TABLE 25 India Telecare Market by Product Type, 2021 - 2027, USD Million
TABLE 26 South Korea Telecare Market, 2017 - 2020, USD Million
TABLE 27 South Korea Telecare Market, 2021 - 2027, USD Million
TABLE 28 South Korea Telecare Market by Product Type, 2017 - 2020, USD Million
TABLE 29 South Korea Telecare Market by Product Type, 2021 - 2027, USD Million
TABLE 30 Singapore Telecare Market, 2017 - 2020, USD Million
TABLE 31 Singapore Telecare Market, 2021 - 2027, USD Million
TABLE 32 Singapore Telecare Market by Product Type, 2017 - 2020, USD Million
TABLE 33 Singapore Telecare Market by Product Type, 2021 - 2027, USD Million
TABLE 34 Malaysia Telecare Market, 2017 - 2020, USD Million
TABLE 35 Malaysia Telecare Market, 2021 - 2027, USD Million
TABLE 36 Malaysia Telecare Market by Product Type, 2017 - 2020, USD Million
TABLE 37 Malaysia Telecare Market by Product Type, 2021 - 2027, USD Million
TABLE 38 Rest of Asia Pacific Telecare Market, 2017 - 2020, USD Million
TABLE 39 Rest of Asia Pacific Telecare Market, 2021 - 2027, USD Million
TABLE 40 Rest of Asia Pacific Telecare Market by Product Type, 2017 - 2020, USD Million
TABLE 41 Rest of Asia Pacific Telecare Market by Product Type, 2021 - 2027, USD Million
TABLE 42 Key Information – Abbott Laboratories
TABLE 43 Key Information – Pfizer, Inc.
TABLE 44 Key Information – Sanofi S.A.
TABLE 45 Key information –Johnson and Johnson
TABLE 46 Key Information – AllScripts Healthcare Solutions, Inc.
TABLE 47 Key Information – AT&T, Inc.
TABLE 48 Key Information –Samsung Electronics Co., Ltd.
TABLE 49 Key Information – Apple, Inc.
TABLE 50 Key Information – Qualcomm, Inc.
TABLE 51 Key Information – Google LLC
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Partnerships, Collaborations, and Agreements: 2020, Mar – 2021, Dec) Leading Players
FIG 5 Recent strategies and developments: Samsung Electronics Co., Ltd.
FIG 6 SWOT Analysis: Samsung Electronics CO. Ltd.
FIG 7 SWOT Analysis: apple, Inc.
FIG 8 SWOT Analysis: Qualcomm, Inc.
FIG 9 SWOT Analysis: Alphabet Inc. (Google LLC)