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Online Doctor Consultation Market to Grow by USD 38.87 Billion from 2024-2028, Driven by Rising Infectious Diseases and AI-Driven Market Transformation – Technavio

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NEW YORK, Nov. 5, 2024 /PRNewswire/ — Report with the AI impact on market trends – The global online doctor consultation market  size is estimated to grow by USD 38.87 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 29.6%  during the forecast period. Increasing incidence and prevalence of infectious diseases is driving market growth, with a trend towards advent of advanced technologies in providing online doctor consultations. However, privacy and data security concerns in online doctor consultations poses a challenge. Key market players include American Well Corp., Babylon Healthcare Services Ltd., Dictum Health Inc., Doctor Anywhere Pte. Ltd., Enghouse Systems Ltd., eVaidya Pvt. Ltd., Evernorth Health Inc., HealthTap Inc., Included Health Inc., Lybrate Inc. USA., Medify, Mind Health, Orane Healthcare India Pvt. Ltd., PlushCare of California Inc., Practo Technologies Pvt. Ltd., SATA CommHealth, Teladoc Health Inc., TeleHealth Medicine, Walmart Health Virtual care, and ZocDoc Inc..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Product (Services and Software), Type (Audio chat and Video chat), and Geography (North America, Europe, Asia, and Rest of World (ROW))

Region Covered

North America, Europe, Asia, and Rest of World (ROW)

Key companies profiled

American Well Corp., Babylon Healthcare Services Ltd., Dictum Health Inc., Doctor Anywhere Pte. Ltd., Enghouse Systems Ltd., eVaidya Pvt. Ltd., Evernorth Health Inc., HealthTap Inc., Included Health Inc., Lybrate Inc. USA., Medify, Mind Health, Orane Healthcare India Pvt. Ltd., PlushCare of California Inc., Practo Technologies Pvt. Ltd., SATA CommHealth, Teladoc Health Inc., TeleHealth Medicine, Walmart Health Virtual care, and ZocDoc Inc.

Key Market Trends Fueling Growth

The integration of advanced technologies, such as machine learning, predictive analytics, and IoT, in healthcare is driving the adoption of telehealth solutions, including online doctor consultations. Industry 4.0, which utilizes digital technologies and smart automation, is also positively impacting healthcare by enabling real-time patient monitoring and virtual reality systems for data collection. The growth of internet connectivity, the prevalence of smartphones, and the proliferation of wearable devices are expanding access to healthcare services and fueling the growth of mobile health. These trends are expected to boost the global online doctor consultation services market during the forecast period. 

The online doctor consultation market is witnessing significant growth due to the increasing use of smartphone cameras and video conferencing software. Doctors and medical practitioners are now able to connect with patients and clients remotely, making healthcare more accessible. With the widespread availability of data connection, digital transformation in the medical fraternity is gaining momentum. However, concerns around unauthorized access, data theft, breaches, and hacking remain. Cloud-based networks, computer sciences, and digital health platforms are key players in this space. Telemedicine market growth is driven by technological advancements, wireless penetration, and increasing smartphone users and broadband coverage. Doctor-on-call services are popular for managing chronic health conditions and lifestyle disorders. AI-assisted diagnosis support, e-OPD, e-pathology, e-radiology, e-counselling, e-health records, e-education, home consultation, and e-commerce services are all part of this digital health revolution. Hospitals and clinics are also joining the bandwagon, offering remote monitoring and AI-assisted diagnosis support. The younger generation’s increasing Internet usage and acceptance of digital solutions are further fueling this trend. 

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Market Challenges

Telehealth services, including online doctor consultations, have gained traction as an efficient alternative to traditional healthcare delivery methods. Advanced technology enables healthcare providers to offer superior healthcare services to patients worldwide. Data collection and transmission, such as patient health details and clinical information, are crucial for effective telehealth care. Routine data sharing from medical devices or mobile applications with medical professionals ensures continuous patient health monitoring. Maintaining data security and confidentiality is essential in the telehealth ecosystem, fostering trust between healthcare providers and patients. Federal and state regulations, like the Health Insurance Portability and Accountability Act (HIPAA) of 1996, establish privacy standards to safeguard patients’ medical records. However, unauthorized access to medical data, data breaches, hacking, and loss of data during transmission pose significant threats to the telehealth industry. These concerns may hinder the growth of the global online doctor consultation market. Notably, instances of healthcare data breaches have escalated, particularly during the public health emergency. For example, the Office for Civil Rights (OCR), which enforces HIPAA regulations, temporarily waived certain data security requirements, allowing providers to use non-compliant communication platforms. After August 9, 2023, telehealth providers must adhere to HIPAA standards to maintain patient privacy and data security, mitigating these threats and ensuring market growth.The online doctor consultation market is experiencing significant growth due to increasing internet usage and the younger generation’s preference for digital solutions. This trend is particularly noticeable in the area of lifestyle disorders. Healthcare providers are embracing telehealth and telemedicine services, including E-OPD, E-Pathology, E-Radiology, E-Counselling, and E-Health records, to reach more patients and improve accessibility. Artificial intelligence (AI) is playing a key role in this evolution, with AI-powered chatbots and virtual assistants providing initial consultations and triage. Hospitals and clinics are offering home consultation services, while e-commerce platforms are integrating healthcare services such as telepsychiatry, teleradiology, and teletreatment. Private and government hospitals, independent consultants, rehabilitation centers, retail clinics, and urgent care centers are all adopting digital healthcare services to enhance their offerings. The use of laptops, tablets, and high-speed internet enables information exchange and machine-to-machine communication, facilitating efficient data movement and healthcare service delivery. Population growth and the technological aid provided by mHealth and digital health services are driving the demand for online doctor consultations. The healthcare system is undergoing a technological evolution, with digital health services becoming an integral part of the healthcare ecosystem.

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Segment Overview 

This online doctor consultation market report extensively covers market segmentation by

Product 1.1 Services1.2 SoftwareType 2.1 Audio chat2.2 Video chatGeography 3.1 North America3.2 Europe3.3 Asia3.4 Rest of World (ROW)

1.1 Services-  The online doctor consultation market is experiencing significant growth due to advancements in technology and enhanced internet services. Key clinical services, including live video conferencing, remote patient monitoring, and mobile health (mHealth), enable healthcare professionals to deliver effective and precise consultations remotely. This trend is driving the demand for a broad spectrum of telehealth services in the healthcare industry. Prominent players, such as American Well Corp. (AmWell), Babylon Healthcare Services Ltd. (Babylon Health), and MDLIVE Inc. (MDLIVE), offer online doctor consultation services. Patients can interact with medical staff via secure messaging or instant messaging for non-urgent medical issues. Video consultations facilitate real-time, face-to-face interaction for symptom evaluation and medical issue outlining. Audio-only consultations are suitable for discussing medical concerns and answering questions. Transmission of health data from wearable technology or home monitoring devices allows medical professionals to efficiently manage chronic illnesses. Electronic prescriptions can be written and transmitted to selected pharmacies, streamlining the prescription process. Patients can consult specialists in various medical fields, such as dermatology, cardiology, orthopedics, and mental health. By 2025, HealthUno aims for a 25% market share in India, currently conducting 1,500 daily consultations with 600+ doctors, aiming to expand its doctor network to 5,000 and launch an online pharmacy, UnoPharmacy. The growing demand for online doctor consultations fuels the global market’s expansion during the forecast period.

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Research Analysis

The online doctor consultation market is experiencing exponential growth due to the increasing usage of the internet and the younger generation’s preference for digital solutions. With the rise of lifestyle disorders, there is a growing demand for convenient and accessible healthcare services. Artificial intelligence (AI) and technological aid are revolutionizing the healthcare system by enabling telehealth, telemedicine, mHealth, and digital healthcare services. Hospitals and clinics are embracing these digital solutions through E-OPD, E-Pathology, and e-commerce services. Retail clinics and urgent care centers are also joining the bandwagon, offering consultations via laptops, tablets, and smartphone cameras. High-speed internet, smartphone cameras, video conferencing software, and data connection have made online doctor consultations a viable alternative to traditional in-person visits. Population growth and the availability of high-speed internet and smartphones are driving the market’s growth.

Market Research Overview

The online doctor consultation market is experiencing significant growth due to the increasing usage of the internet and the younger generation’s preference for digital solutions. Lifestyle disorders are on the rise, driving the demand for convenient and accessible healthcare services. Artificial intelligence (AI) is revolutionizing the healthcare industry with telehealth and telemedicine becoming increasingly popular. E-OPD, E-Pathology, E-Radiology, E-Counselling, and E-Health records are transforming traditional hospital and clinic services. Home consultation and hospital consultation are also gaining traction in the digital healthcare landscape. Telepsychiatry, teleradiology, teletopathology, and other telehealth specialties are providing remote diagnosis and treatment options. Digital healthcare services include e-commerce platforms, retail clinics, urgent care centers, mobile-based health applications, and mHealth. The technological evolution is enabling remote monitoring, digital health platforms, and big data-based systems, which offer AI-assisted diagnosis support. However, concerns around data security and privacy, including unauthorized access, data theft, breaches, and hacking, need to be addressed in cloud-based networks. The digital transformation of the healthcare system is being facilitated by technological aid, including laptops, tablets, smartphone cameras, video conferencing software, and high-speed internet. The telemedicine market is witnessing technological advancements, wireless penetration, and smartphone users, broadband coverage, and doctor-on-call services. The healthcare service delivery is being revolutionized, catering to the needs of patients, clients, and medical practitioners alike. However, it is essential to ensure that digital health services are secure and reliable to maintain trust and confidence in the digital healthcare ecosystem.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductServicesSoftwareTypeAudio ChatVideo ChatGeographyNorth AmericaEuropeAsiaRest Of World (ROW)

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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MMA SMARTIES Thailand 2024 – Celebrates Unparalleled Marketing Innovation and Excellence in Thailand

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November 23, 2024

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BANGKOK, Nov. 23, 2024 /PRNewswire/ — The SMARTIES Thailand 2024 Awards brought together pioneers and the brightest minds of the advertising and marketing world, celebrating marketing innovation. Ultimately, 47 exceptional winners were honored, comprising 13 Gold, 15 Silver, 8 Bronze awards and 11 industry awards.

More than just a celebration, the SMARTIES Awards are a global movement that empowers brands, advertisers, agencies, publishers, and technology enablers. With over 50,000 entries globally, SMARTIES has extensive reach, encompassing 19 country awards, 4 regional awards, and one global awards program. This year, Thailand presented numerous impressive entries spanning diverse sectors, underscoring the country’s influence in strategic marketing and creative innovation.

SMARTIES Thailand 2024 honored the best in the industry with a remarkable lineup of winners. Brilliant & Million, Thailand was awarded Digital Agency of the Year, while Grab took home both Publisher of the Year and Brand of the Year. Friends & Mana Company Limited was named Independent Agency of the Year, and Spa-Hakuhodo secured Creative Agency of the Year. M&C Saatchi emerged as the Media Agency of the Year, and Babi Mild was recognized as the Most Resilient Brand of the Year. Publicis Groupe earned the title of Holding Agency Company of the Year, while the Juror’s Choice Award went to the impactful “Under My Skin” campaign. Mondelēz International claimed the honor of Advertiser of the Year, and Best in Show was awarded to the captivating “Oreo Pokemon Catch ‘Em All!” campaign.

Check Out the Winner List Here! 

A rigorous selection process, led by a dedicated jury panel featuring top minds in marketing in Thailand, identified the best campaigns. These campaigns strengthened engagement through advanced technology, and elevated marketing practices.

“SMARTIES continues to set new benchmarks in the industry,” said Rohit Dadwal, CEO of MMA Global APAC & Global Head of SMARTIES™ Worldwide. “This year’s winners have demonstrated unparalleled brilliance, proving that Thailand is a hub for exceptional marketing talent. SMARTIES is not just about winning awards; it’s about pushing boundaries and setting global standards. With the launch of our new SMARTIES Sonic logo this year, we are redefining how the SMARTIES brand resonates and engages with audiences around the world, marking a new era of recognition and innovation”.

Winning a SMARTIES award brings more than recognition. Winners gain a competitive edge, credibility, and an impact on prestigious rankings, such as the MMA SMARTIES Business Impact Index, RECMA, and the WARC Media 100.

About MMA Global: MMA Global is the leading global trade association for marketers, providing essential resources and expertise to empower marketers to navigate the complex world of Marketing. With a commitment to driving innovation and effectiveness, MMA Global plays a pivotal role in shaping the future of marketing.

SMARTIES: SMARTIES is the prestigious marketing awards program hosted by MMA Global, recognizing excellence in Marketing. The SMARTIES Awards celebrate the most innovative and impactful campaigns that push the boundaries of creativity and drive measurable business impact in today’s dynamic landscape.

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SOURCE MMA Global APAC

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Redefining the Standard of Care: Introducing the Aulisa® Monitor Camera for Advanced Patient Monitoring

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6 hours ago

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November 23, 2024

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PALO ALTO, Calif., Nov. 22, 2024 /PRNewswire/ — Aulisa® Medical USA, Inc., a leader in FDA-cleared, wearable, wireless continuous vital sign monitoring technology, proudly announces the launch of the Aulisa® Monitor Camera, an innovative solution designed to revolutionize patient care in both hospital and home settings. Seamlessly integrating with the Aulisa® Vital Signs Monitoring System, this advanced camera offers caregivers and healthcare professionals enhanced monitoring capabilities and peace of mind.

Redefining the Standard of Care
Hospitals constantly balance delivering exceptional patient care with managing operational costs. The Aulisa® Monitor Camera redefines patient monitoring by providing advanced, centralized solutions that enhance clinical and operational excellence. Designed to optimize patient care, the Aulisa® Monitor Camera integrates with the Centralized Multiple Patient Monitoring (CMPM) System, enabling simultaneous, wireless monitoring of oxygen saturation (SpO2), pulse rate, and body temperature across multiple patients from a centralized nursing station. With a simple app, the Aulisa® Monitor Camera can be integrated into a CMPM. In addition to monitoring a patient’s vital signs, caregivers and family members (such as parents of an infant) can also view the patient’s image and hear their voice. This feature is especially important in specific situations, such as for parents of an infant in the NICU.

This transformative approach eliminates cumbersome wires, streamlines operations, and ensures timely interventions, ultimately improving patient outcomes, enhancing safety standards, and optimizing workflow efficiency while driving significant cost savings and financial performance for healthcare facilities. With a steadfast commitment to compassionate, data-driven care and innovative solutions, Aulisa® Medical is advancing patient health and redefining healthcare excellence, one patient at a time.

Advanced Features for Comprehensive Care
The Aulisa® Monitor Camera offers crystal-clear 2K resolution with night vision, ensuring high-quality visuals day and night. Its two-way audio and human tracking features enable real-time communication and automated movement monitoring, while effortless Wi-Fi integration allows for quick and simple setup via mobile or web devices. With dual functionality as a standalone home surveillance camera, the Aulisa® Monitor Camera delivers unmatched flexibility for various care scenarios.

Engineered for Hospital Excellence
Designed with hospitals and patients in mind, the Aulisa® Monitor Camera addresses the unique demands of modern healthcare settings. From NICUs to patient rooms, it offers caregivers the ability to remotely monitor patients with visual, audio, and motion tracking capabilities. This streamlines workflows, enhances safety, and allows providers to focus on delivering compassionate care while staying equipped with FDA-cleared technology.

Founder’s Vision
“Introducing the Aulisa® Monitor Camera is a natural extension of our mission to enhance patient care and empower healthcare professionals,” said Augustine (Augie) Lien, founder and CEO of Aulisa Medical USA, Inc. “We strive to provide innovative solutions that bring peace of mind to caregivers and families alike. By delivering FDA-cleared technology with seamless functionality, we’re making it easier to ensure safety, connectivity, and exceptional care in every setting.”

Why Choose Aulisa®?
The Aulisa® Monitor Camera enhances efficiency by enabling remote monitoring, reducing physical check-ins, and providing reliable, FDA-cleared technology trusted by healthcare professionals worldwide. It is now available for purchase by healthcare facilities, caregivers, and families.

To learn more about the Aulisa Monitor Camera, the Guardian Angel® CMPM System and other Aulisa Medical products, visit:

www.aulisa.com/products/aulisa-monitor-camerawww.aulisa.com/products/cmpmwww.aulisa.com/collections/guardian-angel-remote-gateway-systems

About Aulisa Medical
Based in Silicon Valley, Aulisa® Medical is a leading medical technology company founded by serial medical technologies entrepreneur, Augustine (Augie) Lien. The company specializes in developing wireless, wearable monitoring systems that provide continuous, cloud-based vital sign data in both clinical and home environments. Through the development of new healthcare innovations, Aulisa® continues to grow the application of digital health technologies that empower both consumers and healthcare providers, incorporating Artificial Intelligence (AI) technologies that can detect adverse events and potentially save lives.

Media Contact:
Kyle Thompson, Vice President of Sales & Marketing
Email: kyle.thompson@aulisa.com
Direct: (650) 387-0001
www.aulisa.com

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SOURCE Aulisa Medical USA, Inc.

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Redefining Financial Frontiers: Nucleus Software Celebrates 30 Years with Synapse 2024 in Singapore

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November 23, 2024

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SINGAPORE, Nov. 23, 2024 /PRNewswire/ — The thriving India–Singapore partnership in banking and technology reached a new milestone as Nucleus Software celebrated 30 years of transformative innovation at Synapse 2024, held in Singapore. The event underscored the company’s role in redefining financial services across Southeast Asia (SEA) and the globe, bringing together leaders in finance and technology to explore a shared vision for the future of banking.

Synapse 2024 celebrated 30 years of Nucleus Software’s leadership in driving transformative change across Singapore and Southeast Asia’s financial ecosystem. The event also shone a spotlight on the Global Finance & Technology Network (GFTN), an initiative supported by the Monetary Authority of Singapore (MAS) to champion responsible technology adoption. The event highlighted the deepening synergies between India and Singapore, driven by their shared commitment to innovation, cross-border collaboration, and financial inclusion. As the financial services sector undergoes rapid evolution with advancements in artificial intelligence, blockchain, and digital banking, these partnerships are setting the stage for a more connected, resilient, and inclusive global ecosystem.

Vishnu R. Dusad, Co-founder and Managing Director of Nucleus Software, reflected on the milestone: “For over 30 years, we’ve had the privilege of aligning our journey with Singapore’s ascent as a global financial powerhouse. Back in 1994, when we chose to go East instead of West, it was a bold and emotional decision—guided by our belief in Singapore as a hub for innovation and collaboration. We saw then what remains true today: Singapore is at the heart of the global financial landscape, a place where new ideas take root, and partnerships thrive.”

The event brought together a distinguished array of participants, highlighting the transformative potential of India–Singapore collaboration. Mr. Piyush Gupta, CEO of DBS Group and the Guest of Honor, set the tone for the event with his opening remarks, emphasizing the transformative role of big tech in reimagining scalable, customer-centric financial services in the digital age.

Following his address, key speakers enriched the discussions with their insights. Mr. Sopnendu Mohanty, Chief Fintech Officer at the Monetary Authority of Singapore and Group CEO-Designate of The Global Finance & Technology Network (GFTN), underlined the importance of fostering responsible technology adoption and building inclusive financial ecosystems. Mr. Vinod Rai, globally respected public policy expert, Distinguished Visiting Research Fellow at the National University of Singapore, and former Comptroller and Auditor General of India, shared his perspectives on governance and policy frameworks in financial systems. Mr. S.M. Acharya, Chairman of Nucleus Software and former Defence Secretary of India, offered a visionary outlook on leveraging technology to modernize and secure banking frameworks. Finally, Mr. Pieter Franken, Co-founder and Director of GFTN (Japan), a global FinTech pioneer and deep tech innovator, discussed the future of decentralized finance and its implications for the financial sector.

The event showcased the transformative role of technology in global financial systems, emphasizing innovations that set benchmarks for scalability and inclusivity. Panelists discussed the importance of localized solutions, the challenges of cross-border integration, and leveraging dual business models to optimize capital and foster public participation. The dialogue highlighted the need for common standards, unified frameworks like APIs, and collaborative efforts to accelerate financial inclusion and drive global connectivity in the digital age.

For 30 years, Nucleus Software has consistently introduced advanced lending and banking solutions that support financial institutions’ evolving needs in Singapore and South East Asia. Driven by lean development methodologies like Acceptance Test-Driven Development (ATDD) and Continuous Integration/Continuous Delivery (CICD), Nucleus Software continues to push boundaries in efficient, flexible, and secure financial technology.

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