The global healthcare video conferencing solutions market size is projected to attain USD 114.46 million by 2028. It is likely to develop by 4.9% CAGR from 2021 to 2028.
Strong urban development along with rising infiltration of telemedicine resolutions are the important factors, pushing the market for healthcare video conferencing solutions. The technological progressions by the companies are furthermore expected to optimistically effect the enlargement of the market.
Throughout the Covid-19 pandemic, because of the augmented demand for their video conferencing resolutions, companies observed remarkable escalation in their revenues. For example, Pexip LLC observed approximately 54.5% boost and Adobe witnessed 15.0% growth in their revenues, during 2019-2020.
To introduce fresh technically highly developed products within the market, finances by main companies are likely to stimulate the expansion of the market.
The companies are putting into several tactical schemes, for example product presentation, joint ventures, mergers & acquisitions, to uphold a reasonable advantage within the market.
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Further key findings from the report suggest:
• As a result of the increase in the amount of healthcare amenities, plus the requirement for incessant training meant for the fresh doctors and medicinal students, particularly throughout pandemic, the Middle East & Africa is projected to be the highest rising local market for healthcare video conferencing solutions, during forecast period
• In 2020, North America held above 35.0% revenue share and dominated the global market, because of the existence of key market players
• The hardware sector detained a leading share of the market, in 2020 by component, because of the increasing technical progressions, connected to the sector
• On the basis of deployment mode, the on-premise section dominated the market, in 2020, because of its excessive acceptance by the healthcare suppliers
• The increasing acceptance of telemedicine resolutions in addition to the growing technical improvements are the factors, anticipated to increase the development of the market
Million Insights segmented the global healthcare video conferencing solutions market based on Component, Deployment Mode, and Region.
Healthcare Video Conferencing Solutions Deployment Mode Outlook (Revenue, USD Million, 2016 - 2028)
Healthcare Video Conferencing Solutions Component Outlook (Revenue, USD Million, 2016 - 2028)
Healthcare Video Conferencing Solutions Regional Outlook (Revenue, USD Million, 2016 - 2028)
• North America
• Asia Pacific
• South Korea
• Latin America
• South Africa
Various companies for healthcare video conferencing solutions market are:
• Vidyo, Inc.
• Zoom Video Communications, Inc.
• Avaya Inc.
• Huawei Technologies Co., Ltd.
• Plantronics, Inc.
• Intrado Corporation
• Pexip AS