Virtual Hospitals & Clinics Market

Global Virtual Hospitals & Clinics Market Size, Trends & Analysis - Forecasts to 2028 By Component (Solutions/ Software, Services), By Type (Virtual Clinic & General Hospital, Chronic Condition Management Hospital, Teleparamedicine Hospital), By Mode (Video, Telephone, Chat/Text), By Service (Virtual EEG Services, Virtual ICU Services, Virtual Radiology Services, Other Services), By Region (North America, Asia Pacific, Central & South America, Europe, Middle East & Africa), End-User Landscape Analysis, Company Market Share Analysis, and Competitor Analysis

Category Healthcare
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This report was recently updated on May 22 2024 with the latest and most recent market numbers

Global Virtual Hospitals & Clinics Market Size

The global virtual hospitals & clinics market size is projected to grow at a CAGR of 17.5% from 2023 to 2028. With the spurring use of artificial intelligence, machine learning, and cloud medicine, the virtual hospital has transformed the delivery of healthcare services to patients across the globe. Implementation of the Internet of Things (IoT) within healthcare settings has changed patient care remarkably over the past years. IoT-enabled virtual hospitals can employ a range of solutions and technologies to monitor patients, including wearables, sensors, radio frequency identification, and fall detection equipment. These solutions assist healthcare professionals in monitoring the vital signs of vulnerable patients and anticipating when a patient might require medication or medical attention.

A virtual hospital help eliminate distance, money, and language-related challenges and thus bridge the gap between patients and safe healthcare service delivery as it offers patients with high-quality care in the convenience of their local settings. With the advent of this trend, patients can now have virtual visits and have their blood pressure, breathing, and temperature monitored remotely, as well as their heart, lungs, and other essential organs.

Furthermore, rising hospital admissions during the global pandemic have resulted in a shortage of certain hospital resources such as equipment, beds, ICUs, and gloves. This has boosted the adoption of virtual hospital solutions as it enables patients who do not require immediate hospitalization to receive the necessary testing and care through video and other modes of consultation. Moreover, telemedicine technology allows for the reduction of costly emergency room visits while providing healthcare service to all patients. As a result, there has been a substantial increase in interest in virtual hospitals and telehealth in recent years. Virtual hospitals have emerged as a key component of the response during the COVID-19 pandemic, serving both the purposes of treating COVID and caring for patients with other chronic disorders who may be in danger.

In addition, for individuals with chronic ailments like allergies, moderate heart problems, and mental health issues, doctor appointments can be tedious and time-consuming. The ability for doctors to remotely monitor patients' vital signs and other health issues can turn into a huge virtual hospital benefit, greatly lowering the need for in-person visits. Also, it makes individuals more accountable for their health and the doctor's care more thorough. These factors have let an exponential increase in number of operating virtual hospitals worldwide, thereby driving the market revenue.

global virtual hospitals & clinics market

Global Virtual Hospitals & Clinics Market: By Component

The presence of a wide range of solutions including a patient app, an app for the virtual hospital care team, and data analytics solutions among others has resulted in the dominance of the solutions/ software market segment in 2022. The presence of a substantial number of technology and software developer that offers video streaming server, cloud data storage & processing module, admin web panel, and other elements to support the functionality of virtual hospitals has driven the segment growth.

On the other hand, with various range of services ranging from medical check-ups to remote monitoring and assessments of patients, the service segment is anticipated to grow at the fastest CAGR during the forecast period. Furthermore, virtual hospitals are making use of extensive mobile and internet networks to deliver their services to patients. Patients can have regular video chats with their clinician in addition to having a mini-iPad and appropriate Bluetooth accessories for their condition, such as a scale, pulse oximeter, or blood pressure cuff. Technologies like video conferencing make it easier for patients and healthcare professionals to communicate and thus facilitate the adoption of virtual healthcare services.

Global Virtual Hospitals & Clinics Market: By Mode

Video-based virtual hospital segment has dominated the market owing to the comfort and easy-to-understand related advantages offered through video consultation. As per the data sheet published by the American Hospital Association in February 2019, 6% of U.S. hospitals communicate with patients and consulting practitioners remotely by video along with other technology.

However, the market is not only restricted to video calling and consultation. Other modes such as telephone and chat/text are also gaining traction with increasing demand for virtual hospitals.

Global Virtual Hospitals & Clinics Market: By Service

With the outbreak of the COVID-19 pandemic and the shortage of intensive care services, the virtual ICU has rapidly gained popularity over the past years. Since the COVID-19 breakout, the telemedicine industry, which includes the virtual ICU, has witnessed a rapid increase in consumer uptake. Due to the rising adoption usage of tele-ICUs or virtual ICUs around the world, the market for these services is anticipated to expand quickly during the forecast period. The crucial care of a patient in a medical facility is handled by the virtual ICU.

Lack of enough intensivists is one of the major problems affecting the global virtual ICU space. The use of the virtual ICU may enhance patient care and help save the lives of patients. On the other hand, with the increasing acceptance of virtual healthcare, virtual EEG services, and radiology services among others are anticipated to witness notable growth during the forecast period.

asia pacific virtual hospitals & clinics market

Global Virtual Hospitals & Clinics Market: By Region

North America captured the largest revenue share of the global virtual hospitals & clinics market in 2022. The presence of a high number of virtual hospitals as well as a technology provider to support virtual service offerings in the U.S. has contributed to the dominance of this region in the global market. The operating key stakeholders in the region are making constant focussed attempts to improve the delivery of healthcare services for patients. For instance, in October 2022, Medical University of South Carolina and the MetroHealth System announced their collaboration to offer virtual and in-home care services through Ovatient, a comprehensive care company.

Similarly, in July 2021, Amwell, a telehealth provider, signed binding contracts to acquire Conversa Health, an automated virtual healthcare market player, and SilverCloud Health, a digital mental health platform. Such ongoing developments in the region are driving the North America virtual hospitals & clinics market. On the other hand, Asia pacific is anticipated to be the fastest-growing market during the forecast period with China and India at the forefront. The government bodies in India are working towards increasing investment in digital healthcare tools by 80% in the next five years. This is anticipated to generate lucrative opportunities for global as well as domestic market players in the India market.

Global Virtual Hospitals & Clinics Market Share and Competitor Analysis

ScienceSoft USA Corporation, Seha Virtual Hospital, India Virtual Hospital (IVH), Itransition, Softermii Inc., CareClix, Inc., GE HealthCare, iCliniq, Getinge Virtual Hospital, and Mercy Virtual among others, are some of the key players in the Virtual Hospitals & Clinics market.

Please note: This is not an exhaustive list of companies profiled in the report.

The market players are engaged in the expansion of their service offerings to keep pace with changing consumer demands. For example, in March 2021, Getinge announced the launch of interactive virtual hospital to display its medtech solutions for customers. Such initiatives by companies are accelerating market growth.

1          STRATEGIC INSIGHTS ON NEW REVENUE POCKETS

1.1    Strategic Opportunity & Attractiveness Analysis

1.1.1        Hot Revenue Pockets

1.1.2        Market Attractiveness Score

1.1.3        Revenue Impacting Opportunity

1.1.4        High Growing Region/Country

1.1.5        Competitor Analysis

1.1.6        Consumer Analysis

1.2    Global Market Estimates' View

1.3    Strategic Insights across Business Functions

1.3.1        For Chief Executive Officers

1.3.2        For Chief Marketing Officers

1.3.3        For Chief Strategy Officers

1.4    Evaluate the Potential of your Existing Business Lines vs. New Lines to Enter Into

2          TECHNOLOGICAL TRENDS

2.1   Technological Adoption Rate

2.2   Current Trend Impact Analysis

2.3   Future Trend Impact Analysis

3          GLOBAL MARKET OUTLOOK

3.1   Market Pyramid Analysis

3.1.1        Introduction

3.1.2        Adjacent Market Opportunities

3.1.3        Ancillary Market Opportunities

3.2   Demand Side Analysis

3.2.1        Market Drivers: Impact Analysis

3.2.2        Market Restraints: Impact Analysis

3.2.3        Market Opportunities: Impact Analysis

3.2.4        Market Challenges: Impact Analysis

3.3   Supply Side Analysis

3.3.1        Porter’s Five Forces Analysis

3.3.1.1 Threat of New Entrants

3.3.1.2 Threat of New Substitutes

3.3.1.3 Bargaining Power of Suppliers

3.3.1.4 Bargaining Power of Buyers

3.3.1.5 Intensity of Competitive Rivalry

3.3.2        SWOT Analysis; By Factor (Political & Legal, Economic, and Technological)

3.3.2.1 Political Landscape

3.3.2.2 Economic Landscape

3.3.2.3 Social Landscape

3.3.2.4 Technology Landscape

3.3.3        Value Chain Analysis

3.3.4        Trend Analysis

3.3.5        Gap Analysis

3.3.6        Cost Analysis

4          GLOBAL VIRTUAL HOSPITALS & CLINICS MARKET, BY TYPE

4.1   Introduction

4.2   Virtual Hospitals & Clinics Market: Type Scope Key Takeaways

4.3   Revenue Growth Analysis, 2022 & 2028

4.4   Clinics & General Hospital

4.4.1        Clinics & General Hospital Market Estimates and Forecast, 2020-2028 (USD Million)

4.5   Chronic Condition Management Hospital

4.5.1        Chronic Condition Management Hospital Market Estimates and Forecast, 2020-2028 (USD Million)

4.6   Teleparamedicine Hospital

4.6.1        Teleparamedicine Hospital Market Estimates and Forecast, 2020-2028 (USD Million)

5          GLOBAL VIRTUAL HOSPITALS & CLINICS MARKET, BY MODE

5.1   Introduction

5.2   Virtual Hospitals & Clinics Market: Mode Scope Key Takeaways

5.3   Revenue Growth Analysis, 2022 & 2028

5.4   Video

5.4.1        Video Market Estimates and Forecast, 2020-2028 (USD Million)

5.5   Telephone

5.5.1        Telephone Market Estimates and Forecast, 2020-2028 (USD Million)

5.6   Chat/Text

5.6.1        Chat/Text Market Estimates and Forecast, 2020-2028 (USD Million)

6         GLOBAL VIRTUAL HOSPITALS & CLINICS MARKET, BY SERVICE

6.1   Introduction

6.2   Virtual Hospitals & Clinics Market: Service Scope Key Takeaways

6.3   Revenue Growth Analysis, 2022 & 2028

6.4   Virtual EEG Services

6.4.1        Virtual EEG Services Market Estimates and Forecast, 2020-2028 (USD Million)

6.5   Virtual ICU Services

6.5.1        Virtual ICU Services Market Estimates and Forecast, 2020-2028 (USD Million)

6.6   Virtual Radiology Services

6.6.1        Virtual Radiology Services Market Estimates and Forecast, 2020-2028 (USD Million)

6.7   Other Services

6.7.1        Other Services Market Estimates and Forecast, 2020-2028 (USD Million)

7         GLOBAL VIRTUAL HOSPITALS & CLINICS MARKET, BY COMPONENT

7.1   Introduction

7.2   Virtual Hospitals & Clinics Market: Component Scope Key Takeaways

7.3   Revenue Growth Analysis, 2022 & 2028

7.4   Solutions /Software

7.4.1        Solutions /Software Market Estimates and Forecast, 2020-2028 (USD Million)

7.5   Services

7.5.1        Services Market Estimates and Forecast, 2020-2028 (USD Million)

8          GLOBAL VIRTUAL HOSPITALS & CLINICS MARKET, BY REGION

8.1   Introduction

8.2   North America Virtual Hospitals & Clinics Market Estimates and Forecast, 2020-2028 (USD Million)

8.2.1        By Type

8.2.2        By Mode

8.2.3        By Service

8.2.4        By Component  

8.2.5        By Country

8.2.5.1     U.S. Virtual Hospitals & Clinics Market Estimates and Forecast, 2020-2028 (USD Million)

8.2.5.1.1        By Type

8.2.5.1.2        By Mode

8.2.5.1.3        By Service

8.2.5.1.4        By Component

8.2.5.2     Canada Virtual Hospitals & Clinics Market Estimates and Forecast, 2020-2028 (USD Million)

8.2.5.2.1        By Type

8.2.5.2.2        By Mode

8.2.5.2.3        By Service

8.2.5.2.4        By Component

8.2.5.3     Mexico Virtual Hospitals & Clinics Market Estimates and Forecast, 2020-2028 (USD Million)

8.2.5.3.1        By Type

8.2.5.3.2        By Mode

8.2.5.3.3        By Service

8.2.5.3.4        By Component

8.3   Europe Virtual Hospitals & Clinics Market Estimates and Forecast, 2020-2028 (USD Million)

8.3.1        By Type

8.3.2        By Mode

8.3.3        By Service

8.3.4        By Component  

8.3.5        By Country

8.3.5.1     Germany Virtual Hospitals & Clinics Market Estimates and Forecast, 2020-2028 (USD Million)

8.3.5.1.1        By Type

8.3.5.1.2        By Mode

8.3.5.1.3        By Service

8.3.5.1.4        By Component

8.3.5.2     U.K. Presered Flowers Market Estimates and Forecast, 2020-2028 (USD Million)

8.3.5.2.1        By Type

8.3.5.2.2        By Mode

8.3.5.2.3        By Service

8.3.5.2.4        By Component

8.3.5.3     France Virtual Hospitals & Clinics Market Estimates and Forecast, 2020-2028 (USD Million)

8.3.5.3.1        By Type

8.3.5.3.2        By Mode

8.3.5.3.3        By Service

8.3.5.3.4        By Component

8.3.5.4     Italy Virtual Hospitals & Clinics Market Estimates and Forecast, 2020-2028 (USD Million)

8.3.5.4.1        By Type

8.3.5.4.2        By Mode

8.3.5.4.3        By Service

8.3.5.4.4        By Component

8.3.5.5     Spain Virtual Hospitals & Clinics Market Estimates and Forecast, 2020-2028 (USD Million)

8.3.5.5.1        By Type

8.3.5.5.2        By Mode

8.3.5.5.3        By Service

8.3.5.5.4        By Component

8.3.5.6     Netherlands Virtual Hospitals & Clinics Market Estimates and Forecast, 2020-2028 (USD Million)

8.3.5.6.1        By Type

8.3.5.6.2        By Mode

8.3.5.6.3        By Service

8.3.5.6.4        By Component

8.3.5.7     Rest of Europe Virtual Hospitals & Clinics Market Estimates and Forecast, 2020-2028 (USD Million)

8.3.5.7.1        By Type

8.3.5.7.2        By Mode

8.3.5.7.3        By Service

8.3.5.7.4        By Component

8.4   Asia Pacific Virtual Hospitals & Clinics Market Estimates and Forecast, 2020-2028 (USD Million)

8.4.1        By Type

8.4.2        By Mode

8.4.3        By Service

8.4.4        By Component  

8.4.5        By Country

8.4.5.1     China Virtual Hospitals & Clinics Market Estimates and Forecast, 2020-2028 (USD Million)

8.4.5.1.1        By Type

8.4.5.1.2        By Mode

8.4.5.1.3        By Service

8.4.5.1.4        By Component

8.4.5.2     Japan Virtual Hospitals & Clinics Market Estimates and Forecast, 2020-2028 (USD Million)

8.4.5.2.1        By Type

8.4.5.2.2        By Mode

8.4.5.2.3        By Service

8.4.5.2.4        By Component

8.4.5.3     India Virtual Hospitals & Clinics Market Estimates and Forecast, 2020-2028 (USD Million)

8.4.5.3.1        By Type

8.4.5.3.2        By Mode

8.4.5.3.3        By Service

8.4.5.3.4        By Component

8.4.5.4     South Korea Virtual Hospitals & Clinics Market Estimates and Forecast, 2020-2028 (USD Million)

8.4.5.4.1        By Type

8.4.5.4.2        By Mode

8.4.5.4.3        By Service

8.4.5.4.4        By Component

8.4.5.5     Singapore Virtual Hospitals & Clinics Market Estimates and Forecast, 2020-2028 (USD Million)

8.4.5.5.1        By Type

8.4.5.5.2        By Mode

8.4.5.5.3        By Service

8.4.5.5.4        By Component

8.4.5.6     Malaysia Virtual Hospitals & Clinics Market Estimates and Forecast, 2020-2028 (USD Million)

8.4.5.6.1        By Type

8.4.5.6.2        By Mode

8.4.5.6.3        By Service

8.4.5.6.4        By Component

8.4.5.7     Thailand Virtual Hospitals & Clinics Market Estimates and Forecast, 2020-2028 (USD Million)

8.4.5.7.1        By Type

8.4.5.7.2        By Mode

8.4.5.7.3        By Service

8.4.5.7.4        By Component

8.4.5.8     Indonesia Virtual Hospitals & Clinics Market Estimates and Forecast, 2020-2028 (USD Million)

8.4.5.8.1        By Type

8.4.5.8.2        By Mode

8.4.5.8.3        By Service

8.4.5.8.4        By Component

8.4.5.9     Vietnam Virtual Hospitals & Clinics Market Estimates and Forecast, 2020-2028 (USD Million)

8.4.5.9.1        By Type

8.4.5.9.2        By Mode

8.4.5.9.3        By Service

8.4.5.9.4        By Component

8.4.5.10  Taiwan Virtual Hospitals & Clinics Market Estimates and Forecast, 2020-2028 (USD Million)

8.4.5.10.1      By Type

8.4.5.10.2      By Mode

8.4.5.10.3      By Service

8.4.5.10.4      By Component

8.4.5.11  Rest of Asia Pacific Virtual Hospitals & Clinics Market Estimates and Forecast, 2020-2028 (USD Million)

8.4.5.11.1      By Type

8.4.5.11.2      By Mode

8.4.5.11.3      By Service

8.4.5.11.4      By Component

8.5   Middle East & Africa Virtual Hospitals & Clinics Market Estimates and Forecast, 2020-2028 (USD Million)

8.5.1        By Type

8.5.2        By Mode

8.5.3        By Service

8.5.4        By Component  

8.5.5        By Country

8.5.5.1     Saudi Arabia Virtual Hospitals & Clinics Market Estimates and Forecast, 2020-2028 (USD Million)

8.5.5.1.1        By Type

8.5.5.1.2        By Mode

8.5.5.1.3        By Service

8.5.5.1.4        By Component

8.5.5.2     U.A.E. Virtual Hospitals & Clinics Market Estimates and Forecast, 2020-2028 (USD Million)

8.5.5.2.1        By Type

8.5.5.2.2        By Mode

8.5.5.2.3        By Service

8.5.5.2.4        By Component

8.5.5.3     Israel Virtual Hospitals & Clinics Market Estimates and Forecast, 2020-2028 (USD Million)

8.5.4.3.1        By Type

8.5.4.3.2        By Mode

8.5.4.3.3        By Service

8.5.5.3.4        By Component

8.5.5.4     South Africa Virtual Hospitals & Clinics Market Estimates and Forecast, 2020-2028 (USD Million)

8.5.5.4.1        By Type

8.5.5.4.2        By Mode

8.5.5.4.3        By Service

8.5.5.4.4        By Component

8.5.5.5     Rest of Middle East & Africa Virtual Hospitals & Clinics Market Estimates and Forecast, 2020-2028 (USD Million)

8.5.5.5.1        By Type

8.5.5.5.2        By Mode

8.5.5.5.2        By Service

8.5.5.5.4        By Component

8.6   Central & South America Virtual Hospitals & Clinics Market Estimates and Forecast, 2020-2028 (USD Million)

8.6.1        By Type

8.6.2        By Mode

8.6.3        By Service

8.6.4        By Component

8.6.5        By Country

8.6.5.1     Brazil Virtual Hospitals & Clinics Market Estimates and Forecast, 2020-2028 (USD Million)

8.6.5.1.1        By Type

8.6.5.1.2        By Mode

8.6.5.1.3        By Service

8.6.5.1.4        By Component

8.6.5.2     Argentina Virtual Hospitals & Clinics Market Estimates and Forecast, 2020-2028 (USD Million)

8.6.5.2.1        By Type

8.6.5.2.2        By Mode

8.6.5.2.3        By Service

8.6.5.2.4        By Component

8.6.5.3     Chile Virtual Hospitals & Clinics Market Estimates and Forecast, 2020-2028 (USD Million)

8.6.5.3.1        By Type

8.6.5.3.2        By Mode

8.6.5.3.3        By Service

8.6.5.5.4        By Component

8.6.5.4     Rest of Central & South America Virtual Hospitals & Clinics Market Estimates and Forecast, 2020-2028 (USD Million)

8.6.5.4.1        By Type

8.6.5.4.2        By Mode

8.6.5.4.3        By Service

8.6.5.4.4        By Component

9          COMPETITIVE LANDCAPE

9.1   Company Market Share Analysis

9.2   Four Quadrant Positioning Matrix

9.2.1        Market Leaders

9.2.2        Market Visionaries

9.2.3        Market Challengers

9.2.4        Niche Market Players

9.3   Vendor Landscape

9.3.1        North America

9.3.2        Europe

9.3.3        Asia Pacific

9.3.4        Rest of the World

9.4   Company Profiles  

9.4.1        ScienceSoft USA Corporation

9.4.1.1 Business Description & Financial Analysis

9.4.1.2 SWOT Analysis

9.4.1.3 Products & Services Offered

9.4.1.4 Strategic Alliances between Business Partners

9.4.2        Seha Virtual Hospital

9.4.2.1 Business Description & Financial Analysis

9.4.2.2 SWOT Analysis

9.4.2.3 Products & Services Offered

9.4.2.4 Strategic Alliances between Business Partners

9.4.3        India Virtual Hospital (IVH)

9.4.3.1 Business Description & Financial Analysis

9.4.3.2 SWOT Analysis

9.4.3.3 Products & Services Offered

9.4.3.4 Strategic Alliances between Business Partners

9.4.4        Itransition

9.4.4.1 Business Description & Financial Analysis

9.4.4.2 SWOT Analysis

9.4.4.3 Products & Services Offered

9.4.4.4 Strategic Alliances between Business Partners

9.4.5        Softermii Inc.

9.4.5.1 Business Description & Financial Analysis

9.4.5.2 SWOT Analysis

9.4.5.3 Products & Services Offered

9.4.5.4 Strategic Alliances between Business Partners

9.4.6        CareClix, Inc.

9.4.6.1 Business Description & Financial Analysis

9.4.6.2 SWOT Analysis

9.4.6.3 Products & Services Offered

9.4.6.4 Strategic Alliances between Business Partners

9.4.7        GE HealthCare  

9.4.7.1 Business Description & Financial Analysis

9.4.7.2 SWOT Analysis

9.4.7.3 Products & Services Offered

9.4.8.4 Strategic Alliances between Business Partners

9.4.8        iCliniq

9.4.8.1 Business Description & Financial Analysis

9.4.8.2 SWOT Analysis

9.4.8.3 Products & Services Offered

9.4.8.4 Strategic Alliances between Business Partners

9.4.9        Getinge Virtual Hospital

9.4.9.1 Business Description & Financial Analysis

9.4.9.2 SWOT Analysis

9.4.9.3 Products & Services Offered

9.4.9.4 Strategic Alliances between Business Partners

9.4.10      Mercy Virtual

9.4.10.1 Business Description & Financial Analysis

9.4.10.2 SWOT Analysis

9.4.10.3 Products & Services Offered

9.4.10.4 Strategic Alliances between Business Partners

9.4.11      Other Companies

9.4.11.1 Business Description & Financial Analysis

9.4.11.2 SWOT Analysis

9.4.11.3 Products & Services Offered

9.4.11.4 Strategic Alliances between Business Partners

10        RESEARCH METHODOLOGY

10.1 Market Introduction

10.1.1      Market Definition

10.1.2      Market Scope & SegChronic Condition Management Hospitaltation

10.2 Information ProcureChronic Condition Management Hospitalt

10.2.1      Secondary Research

10.2.1.1           Purchased Databases

10.2.1.2           GMEs Internal Data Repository

10.2.1.3           Secondary Resources & Third Party Perspectives

10.2.1.4           Company Information Sources

10.2.2      Primary Research

10.2.2.1           Various Mode of Respondents for Primary Interviews

10.2.2.2           Number of Interviews Conducted throughout the Research Process

10.2.2.3           Primary Stakeholders

10.2.2.4           Discussion Guide for Primary Participants

10.2.3      Expert Panels

10.2.3.1           Expert Panels Across 30+ Industry

10.2.4      Paid Local Experts

10.2.4.1           Paid Local Experts Across 30+ Industry Across each Region

10.3 Market Estimation

10.3.1      Top-Down Approach

10.3.1.1           Macro-Economic Indicators Considered

10.3.1.2           Micro-Economic Indicators Considered

10.3.2      Bottom Up Approach

10.3.2.1           Company Share Analysis Approach

10.3.2.2           Estimation of Potential Product Sales

10.4 Data Triangulation

10.4.1      Data Collection

10.4.2      Time Series, Cross Sectional & Panel Data Analysis

10.4.3      Cluster Analysis

10.5 Analysis and Output

10.5.1      Inhouse AI Based Real Time Analytics Tool

10.5.2      Output From Desk & Primary Research

10.6 Research Assumptions & Limitations

10.7.1      Research Assumptions

10.7.2      Research Limitations

LIST OF TABLES

1 Global Virtual Hospitals & Clinics Market, By Type, 2020-2028 (USD Mllion)

2 Clinics & General Hospital Market, By Region, 2020-2028 (USD Mllion)   

3 Chronic Condition Management Hospital Market, By Region, 2020-2028 (USD Mllion)   

4 Teleparamedicine Hospital Market, By Region, 2020-2028 (USD Mllion)   

5 Global Virtual Hospitals & Clinics Market, By Mode, 2020-2028 (USD Mllion)    

6 Video Market, By Region, 2020-2028 (USD Mllion)   

7 Telephone Market, By Region, 2020-2028 (USD Mllion)

8 Chat/Text Market, By Region, 2020-2028 (USD Mllion)

9 Global Virtual Hospitals & Clinics Market, By Service, 2020-2028 (USD Mllion)

10 Virtual EEG Services Market, By Region, 2020-2028 (USD Mllion) 

11 Virtual ICU Services Market, By Region, 2020-2028 (USD Mllion)  

12 Virtual Radiology Services Market, By Region, 2020-2028 (USD Mllion)  

13 Other Services Market, By Region, 2020-2028 (USD Mllion)             

14 Global Virtual Hospitals & Clinics Market, By COMPONENT, 2020-2028 (USD Mllion)

15 Solutions /Software Market, By Region, 2020-2028 (USD Mllion)

16 Services Market, By Region, 2020-2028 (USD Mllion)           

17 Regional Analysis, 2020-2028 (USD Mllion)

18 North America Virtual Hospitals & Clinics Market, By Type, 2020-2028 (USD Million)

19 North America Virtual Hospitals & Clinics Market, By Mode, 2020-2028 (USD Million)

20 North America Virtual Hospitals & Clinics Market, By Service, 2020-2028 (USD Million)

21 North America Virtual Hospitals & Clinics Market, By Component, 2020-2028 (USD Million)

22 North America Virtual Hospitals & Clinics Market, By Country, 2020-2028 (USD Million)

23 U.S Virtual Hospitals & Clinics Market, By Type, 2020-2028 (USD Million)

24 U.S Virtual Hospitals & Clinics Market, By Mode, 2020-2028 (USD Million)

25 U.S Virtual Hospitals & Clinics Market, By Service, 2020-2028 (USD Million)

26 U.S Virtual Hospitals & Clinics Market, By Component, 2020-2028 (USD Million)

27 Canada Virtual Hospitals & Clinics Market, By Type, 2020-2028 (USD Million)

28 Canada Virtual Hospitals & Clinics Market, By Mode, 2020-2028 (USD Million)

29 Canada Virtual Hospitals & Clinics Market, By Service, 2020-2028 (USD Million)

30 CANADA Virtual Hospitals & Clinics Market, By Component, 2020-2028 (USD Million)

31 Mexico Virtual Hospitals & Clinics Market, By Type, 2020-2028 (USD Million)

32 Mexico Virtual Hospitals & Clinics Market, By Mode, 2020-2028 (USD Million)

33 Mexico Virtual Hospitals & Clinics Market, By Service, 2020-2028 (USD Million)

34 mexico Virtual Hospitals & Clinics Market, By Component, 2020-2028 (USD Million)

35 Europe Virtual Hospitals & Clinics Market, By Type, 2020-2028 (USD Million)

36 Europe Virtual Hospitals & Clinics Market, By Mode, 2020-2028 (USD Million)

37 Europe Virtual Hospitals & Clinics Market, By Service, 2020-2028 (USD Million)

38 europe Virtual Hospitals & Clinics Market, By Component, 2020-2028 (USD Million)

39 Germany Virtual Hospitals & Clinics Market, By Type, 2020-2028 (USD Million)

40 Germany Virtual Hospitals & Clinics Market, By Mode, 2020-2028 (USD Million)

41 Germany Virtual Hospitals & Clinics Market, By Service, 2020-2028 (USD Million)

42 germany Virtual Hospitals & Clinics Market, By Component, 2020-2028 (USD Million)

43 UK Virtual Hospitals & Clinics Market, By Type, 2020-2028 (USD Million)

44 UK Virtual Hospitals & Clinics Market, By Mode, 2020-2028 (USD Million)

45 UK Virtual Hospitals & Clinics Market, By Service, 2020-2028 (USD Million)

46 U.kVirtual Hospitals & Clinics Market, By Component, 2020-2028 (USD Million)

47 France Virtual Hospitals & Clinics Market, By Type, 2020-2028 (USD Million)

48 France Virtual Hospitals & Clinics Market, By Mode, 2020-2028 (USD Million)

49 France Virtual Hospitals & Clinics Market, By Service, 2020-2028 (USD Million)

50 france Virtual Hospitals & Clinics Market, By Component, 2020-2028 (USD Million)

51 Italy Virtual Hospitals & Clinics Market, By Type, 2020-2028 (USD Million)

52 Italy Virtual Hospitals & Clinics Market, By T Mode Type, 2020-2028 (USD Million)

53 Italy Virtual Hospitals & Clinics Market, By Service, 2020-2028 (USD Million)

54 italy Virtual Hospitals & Clinics Market, By Component, 2020-2028 (USD Million)

55 Spain Virtual Hospitals & Clinics Market, By Type, 2020-2028 (USD Million)

56 Spain Virtual Hospitals & Clinics Market, By Mode, 2020-2028 (USD Million)

57 Spain Virtual Hospitals & Clinics Market, By Service, 2020-2028 (USD Million)

58 spain Virtual Hospitals & Clinics Market, By Component, 2020-2028 (USD Million)

59 Rest Of Europe Virtual Hospitals & Clinics Market, By Type, 2020-2028 (USD Million)

60 Rest Of Europe Virtual Hospitals & Clinics Market, By Mode, 2020-2028 (USD Million)

61 Rest of Europe Virtual Hospitals & Clinics Market, By Service, 2020-2028 (USD Million)

62 REST OF EUROPE Virtual Hospitals & Clinics Market, By Component, 2020-2028 (USD Million)

63 Asia Pacific Virtual Hospitals & Clinics Market, By Type, 2020-2028 (USD Million)

64 Asia Pacific Virtual Hospitals & Clinics Market, By Mode, 2020-2028 (USD Million)

65 Asia Pacific Virtual Hospitals & Clinics Market, By Service, 2020-2028 (USD Million)

66 asia Virtual Hospitals & Clinics Market, By Component, 2020-2028 (USD Million)

67 Asia Pacific Virtual Hospitals & Clinics Market, By Country, 2020-2028 (USD Million)

68 China Virtual Hospitals & Clinics Market, By Type, 2020-2028 (USD Million)

69 China Virtual Hospitals & Clinics Market, By Mode, 2020-2028 (USD Million)

70 China Virtual Hospitals & Clinics Market, By Service, 2020-2028 (USD Million)

71 china Virtual Hospitals & Clinics Market, By Component, 2020-2028 (USD Million)

72 India Virtual Hospitals & Clinics Market, By Type, 2020-2028 (USD Million)

73 India Virtual Hospitals & Clinics Market, By Mode, 2020-2028 (USD Million)

74 India Virtual Hospitals & Clinics Market, By Service, 2020-2028 (USD Million)

75 india Virtual Hospitals & Clinics Market, By Component, 2020-2028 (USD Million)

76 Japan Virtual Hospitals & Clinics Market, By Type, 2020-2028 (USD Million)

77 Japan Virtual Hospitals & Clinics Market, By Mode, 2020-2028 (USD Million)

78 Japan Virtual Hospitals & Clinics Market, By Service, 2020-2028 (USD Million)

79 japan Virtual Hospitals & Clinics Market, By Component, 2020-2028 (USD Million)

80 South Korea Virtual Hospitals & Clinics Market, By Type, 2020-2028 (USD Million)

81 South Korea Virtual Hospitals & Clinics Market, By Mode, 2020-2028 (USD Million)

82 South Korea Virtual Hospitals & Clinics Market, By Service, 2020-2028 (USD Million)

83 south korea Virtual Hospitals & Clinics Market, By Component, 2020-2028 (USD Million)

84 Middle East & Africa Virtual Hospitals & Clinics Market, By Type, 2020-2028 (USD Million)

85 Middle East & Africa Virtual Hospitals & Clinics Market, By Mode, 2020-2028 (USD Million)

86 Middle East & Africa Virtual Hospitals & Clinics Market, By Service, 2020-2028 (USD Million)

87 MIDDLE EAST & AFRICA Virtual Hospitals & Clinics Market, By Component, 2020-2028 (USD Million)

88 Middle East & Africa Virtual Hospitals & Clinics Market, By Country, 2020-2028 (USD Million)

89 Saudi Arabia Virtual Hospitals & Clinics Market, By Type, 2020-2028 (USD Million)

90 Saudi Arabia Virtual Hospitals & Clinics Market, By Mode, 2020-2028 (USD Million)

91 Saudi Arabia Virtual Hospitals & Clinics Market, By Service, 2020-2028 (USD Million)

92 saudi arabia Virtual Hospitals & Clinics Market, By Component, 2020-2028 (USD Million)

93 UAE Virtual Hospitals & Clinics Market, By Type, 2020-2028 (USD Million)

94 UAE Virtual Hospitals & Clinics Market, By Mode, 2020-2028 (USD Million)

95 UAE Virtual Hospitals & Clinics Market, By Service, 2020-2028 (USD Million)

96 uae Virtual Hospitals & Clinics Market, By Component, 2020-2028 (USD Million)

97 Central & South America Virtual Hospitals & Clinics Market, By Type, 2020-2028 (USD Million)

98 Central & South America Virtual Hospitals & Clinics Market, By Mode, 2020-2028 (USD Million)

99 Central & South America Virtual Hospitals & Clinics Market, By Service, 2020-2028 (USD Million)

100 CENTRAL & SOUTH AMERICA Virtual Hospitals & Clinics Market, By Component, 2020-2028 (USD Million)

101 Central & South America Virtual Hospitals & Clinics Market, By Country, 2020-2028 (USD Million)

102 Brazil Virtual Hospitals & Clinics Market, By Type, 2020-2028 (USD Million)

103 Brazil Virtual Hospitals & Clinics Market, By Mode, 2020-2028 (USD Million)

104 Brazil Virtual Hospitals & Clinics Market, By Service, 2020-2028 (USD Million)

105 brazil Virtual Hospitals & Clinics Market, By Component, 2020-2028 (USD Million)

106 ScienceSoft USA Corporation: Products & Services Offering

107 Seha Virtual Hospital: Products & Services Offering        

108 India Virtual Hospital (IVH): Products & Services Offering              

109 Itransition: Products & Services Offering

110 Softermii Inc.: Products & Services Offering          

111 CareClix, Inc.: Products & Services Offering           

112 GE HealthCare : Products & Services Offering       

113 iCliniq: Products & Services Offering          

114 Getinge Virtual Hospital, Inc: Products & Services Offering         

115 Mercy Virtual: Products & Services Offering         

116 Other Companies: Products & Services Offering  

LIST OF FIGURES

1 Global Virtual Hospitals & Clinics Market Overview

2 Global Virtual Hospitals & Clinics Market Value From 2020-2028 (USD Mllion)

3 Global Virtual Hospitals & Clinics Market Share, By Type (2022)

4 Global Virtual Hospitals & Clinics Market Share, By Mode (2022)

5 Global Virtual Hospitals & Clinics Market Share, By Service (2022)

6 Global Virtual Hospitals & Clinics Market Share, By Component (2022)

7 Global Virtual Hospitals & Clinics Market, By Region (Asia Pacific Market)

8 Technological Trends In Global Virtual Hospitals & Clinics Market

9 Four Quadrant Competitor Positioning Matrix

10 Impact Of Macro & Micro Indicators On The Market

11 Impact Of Key Drivers On The Global Virtual Hospitals & Clinics Market

12 Impact Of Challenges On The Global Virtual Hospitals & Clinics Market

13 Porter’s Five Forces Analysis

14 Global Virtual Hospitals & Clinics Market: By Type Scope Key Takeaways

15 Global Virtual Hospitals & Clinics Market, By Type Segment: Revenue Growth Analysis

16 Clinics & General Hospital Market, By Region, 2020-2028 (USD Mllion)

17 Chronic Condition Management Hospital Market, By Region, 2020-2028 (USD Mllion)

18 Global Virtual Hospitals & Clinics Market: By Mode Scope Key Takeaways

19 Global Virtual Hospitals & Clinics Market, By Mode Segment: Revenue Growth Analysis

20 Video Market, By Region, 2020-2028 (USD Mllion)     

21 Telephone Market, By Region, 2020-2028 (USD Mllion)

22 Chat/Text Market, By Region, 2020-2028 (USD Mllion)

23 Global Virtual Hospitals & Clinics Market: By Service Scope Key Takeaways

24 Global Virtual Hospitals & Clinics Market, By Service Segment: Revenue Growth Analysis

25 Virtual EEG Services Market, By Region, 2020-2028 (USD Mllion)  

26 Virtual ICU Services Market, By Region, 2020-2028 (USD Mllion)

27 Virtual Radiology Services Market, By Region, 2020-2028 (USD Mllion)

28 Other Services Market, By Region, 2020-2028 (USD Mllion)

29 Global Virtual Hospitals & Clinics Market: By Component Scope Key Takeaways

30 Global Virtual Hospitals & Clinics Market, By Component Segment: Revenue Growth Analysis

31 Solutions /Software Market, By Region, 2020-2028 (USD Mllion)     

32 Services Market, By Region, 2020-2028 (USD Mllion)

33 Regional Segment: Revenue Growth Analysis

34 Global Virtual Hospitals & Clinics Market: Regional Analysis

35 North America Virtual Hospitals & Clinics Market Overview

36 North America Virtual Hospitals & Clinics Market, By Type

37 North America Virtual Hospitals & Clinics Market, By Mode

38 North America Virtual Hospitals & Clinics Market, By Service

39 North America Virtual Hospitals & Clinics Market, By Component

40 North America Virtual Hospitals & Clinics Market, By Country

41 U.S. Virtual Hospitals & Clinics Market, By Type

42 U.S. Virtual Hospitals & Clinics Market, By Mode

43 U.S. Virtual Hospitals & Clinics Market, By Service

44 U.S. Virtual Hospitals & Clinics Market, By Component

45 Canada Virtual Hospitals & Clinics Market, By Type

46 Canada Virtual Hospitals & Clinics Market, By Mode

47 Canada Virtual Hospitals & Clinics Market, By Service

48 Canada Virtual Hospitals & Clinics Market, By Component

49 Mexico Virtual Hospitals & Clinics Market, By Type

50 Mexico Virtual Hospitals & Clinics Market, By Mode

51 Mexico Virtual Hospitals & Clinics Market, By Service

52 Mexico Virtual Hospitals & Clinics Market, By Component

53 Four Quadrant Positioning Matrix

54 Company Market Share Analysis

55 ScienceSoft USA Corporation: Company Snapshot

56 ScienceSoft USA Corporation: SWOT Analysis

57 ScienceSoft USA Corporation: Geographic Presence

58 Seha Virtual Hospital: Company Snapshot

59 Seha Virtual Hospital: SWOT Analysis

60 Seha Virtual Hospital: Geographic Presence

61 India Virtual Hospital (IVH): Company Snapshot

62 India Virtual Hospital (IVH): SWOT Analysis

63 India Virtual Hospital (IVH): Geographic Presence

64 Itransition: Company Snapshot

65 Itransition: Swot Analysis

66 Itransition: Geographic Presence

67 Softermii Inc.: Company Snapshot

68 Softermii Inc.: SWOT Analysis

69 Softermii Inc.: Geographic Presence

70 CareClix, Inc.: Company Snapshot

71 CareClix, Inc.: SWOT Analysis

72 CareClix, Inc.: Geographic Presence

73 GE HealthCare : Company Snapshot

74 GE HealthCare : SWOT Analysis

75 GE HealthCare : Geographic Presence

76 iCliniq: Company Snapshot

77 iCliniq: SWOT Analysis

78 iCliniq: Geographic Presence

79 Getinge Virtual Hospital, Inc.: Company Snapshot

80 Getinge Virtual Hospital, Inc.: SWOT Analysis

81 Getinge Virtual Hospital, Inc.: Geographic Presence

82 Mercy Virtual: Company Snapshot

83 Mercy Virtual: SWOT Analysis

84 Mercy Virtual: Geographic Presence

85 Other Companies: Company Snapshot

86 Other Companies: SWOT Analysis

87 Other Companies: Geographic Presence

The Global Virtual Hospitals & Clinics Market has been studied from the year 2019 till 2028. However, the CAGR provided in the report is from the year 2023 to 2028. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the Virtual Hospitals & Clinics Market.

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.

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Frequently Asked Questions

The Virtual Hospitals & Clinics market is projected to grow at a CAGR of 12.2% from 2023 to 2028.
ScienceSoft USA Corporation, Seha Virtual Hospital, India Virtual Hospital (IVH), Itransition, Softermii Inc., CareClix, Inc., KareXpert, Inc., Teladoc Health, Inc., GE HealthCare, Continuous Care for Health, iCliniq, Getinge Virtual Hospital, Mercy Virtual, Atuline Virtual Hospital, RPA Virtual Hospital, and Mobifilia LLC among others are some of the key players in the global virtual hospitals & clinics market.
The presence of a wide range of solutions including a patient app, an app for the virtual hospital care team, and data analytics solutions among others has resulted in the dominance of the solutions/ software market segment in 2022. The presence of a substantial number of technology and software developer that offers video streaming server, cloud data storage & processing module, admin web panel, and other elements to support the functionality of virtual hospitals has driven the segment growth.
The key driver of the global virtual hospitals & clinics market is the growing popularity and acceptance of telehealth and telemedicine. Furthermore, the increasing implementation of the Internet of things (IoT) in healthcare settings is boosting the growth of virtual hospitals. Also, considering the several advantages of virtual healthcare, a substantial number of healthcare institutions are embracing the virtual healthcare trend, thereby driving market revenue.

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