Global Virtual Diagnostics Market Size, Growth, Analysis, Trend

  • Global Virtual Diagnostics market size is forecasted to be worth USD 1,512.2 Million by 2027, according to a current analysis by Emergen Research.

    Increasing adoption of IT in healthcare, growing geriatric population, and a rise in the prevalence of target diseases are driving the demand for the market.

    The government is also encouraging key companies to provide cover for virtual healthcare services, such as e-visits, virtual check-ins, and communication. Market players are also investing in the development of technology to expand into the untapped market in emerging nations.

    The Global Virtual Diagnostics Market report comprises of vital details of the Virtual Diagnostics business sphere that aims to offer the reader a comprehensive understanding of the Virtual Diagnostics market and identify optimum growth prospects to gain a competitive edge over other competitors.

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    For the purpose of this report, Emergen Research has segmented into the global Virtual Diagnostics Market on the type, end-users, and region:

    • Type Outlook (Revenue, USD Billion; 2017-2027)
      • Gastrointestinal Virtual Diagnostics
      • Ophthalmology Virtual Diagnostics
      • Cardiology Virtual Diagnostics
      • Pathology Virtual Diagnostics
      • Others Virtual Diagnostics
    • End-Users Outlook (Revenue, USD Billion; 2017-2027)
      • Hospitals
      • Specialty Clinics and Ambulatory Surgical Centers
      • Others (Homecare and Research Institutes)

    Regional Analysis of the Virtual Diagnostics Market includes:

    • North America (U.S., Canada)
    • Europe (U.K., Italy, Germany, France, Rest of EU)
    • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
    • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
    • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

    The Asia Pacific region is witnessing high growth owing to the presence of a high geriatric population. The adoption of smart technology in the healthcare sector will also impact the market positively.

    To know more about the report, visit @ https://www.emergenresearch.com/industry-report/virtual-diagnostics-market

    Elements analyzed in the report:

    Key participants include AliveCor Inc., Eyenuk Inc., IDx Technologies Inc., Cardiologs Technologies, CapsoVision Inc., Olympus Corporation, Sight Diagnostics, ResApp Health Limited, Phelcom Technologies, and Medtronic Plc., among others.

    The Global Virtual Diagnostics Market report offers an elaborate analysis of the different elements of the industry, such as product development and technological advancements, product types, applications, and major expansion strategies undertaken by prominent companies.

    Some Key Highlights From the Report

    • In November 2020, Vera Smart Healthcare announced the expansion by investing another USD 20 million to add over twenty new healthcare services. For the funding, the company has attained the backing of U.S. investors. The company planned to roll out remote health services for home-based diagnostics & tests, medication delivery, virtual doctor care, and nutrition consultation.
    • Gastrointestinal virtual diagnostics is growing at a substantial pace as the number of gastrointestinal patients is exceedingly being propelled. Increasing incidences of pediatric gastroenterological disorders are also some of the key reasons for the demand for virtual diagnostics.
    • The hospital segment is increasingly adopting the technology to treat and consult patients located in remote areas. With overwhelmed staff, several hospitals are behind in the incorporation of IoT with their equipment, but recent developments are anticipated to increase funding to the healthcare sector, which in turn, will drive the demand of the virtual diagnostic market.

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