new Request a free sample copy in PDF or view the report summary: https://www.expertmarketresearch.com/reports/telemedicine-market/requestsampleTelemedicine Market OverviewUnderstanding Telemedicine This encompasses a wide range of services, from virtual doctor consultations to remote patient monitoring and telepharmacy. Telemedicine eliminates the need for physical presence, making healthcare services accessible to individuals globally.Market Size and Growth The telemedicine market achieved a substantial market size of USD 73.1 billion in 2023 and is poised to continue its growth journey with a CAGR of 19.3% from 2024 to 2032, ultimately reaching a staggering USD 377.0 billion by 2032. This remarkable growth can be attributed to several key factors, which we will explore in detail.Telemedicine Market DynamicsTechnological Advancements The rapid evolution of technology is a driving force behind the telemedicine boom. High-speed internet, smartphones, wearable devices, and improved telecommunication infrastructure have all played pivotal roles in making remote healthcare services accessible. Telemedicine platforms now boast high-quality video and audio capabilities, ensuring seamless communication between patients and healthcare providers.Increased Adoption of Teleconsultation The widespread acceptance of teleconsultation has been steadily increasing. Patients have come to appreciate the convenience and accessibility of virtual appointments, particularly for non-emergency consultations. The COVID-19 pandemic further accelerated this trend, highlighting the importance of remote healthcare services.External Telemedicine Market TrendsChanging Regulatory Landscape Governments and regulatory bodies worldwide are adapting to accommodate telemedicine. They are implementing policies and regulations to ensure patient safety, data privacy, and the growth of telehealth services. Staying informed about these evolving regulations is crucial for telemedicine providers.Remote Monitoring and IoT Integration The integration of Internet of Things (IoT) devices into telemedicine has opened up new possibilities. Remote monitoring of vital signs and health parameters enables proactive healthcare management. Patients can transmit real-time data to healthcare professionals, leading to more accurate diagnoses and treatment adjustments.Explore the full report with the table of contents: https://www.expertmarketresearch.com/reports/telemedicine-marketTelemedicine Market SegmentationPatient Demographics Telemedicine serves a diverse range of patients, from tech-savvy individuals to the elderly and those residing in remote areas with limited healthcare access. Understanding these demographics is vital for tailoring services effectively.Specialty Areas Telemedicine extends beyond general consultations to various specialty areas, including telepsychiatry, teledermatology, teleoncology, and more. Each specialty has unique requirements and considerations, necessitating market segmentation.Telemedicine Market GrowthGlobal Expansion Telemedicine knows no geographical boundaries. Its reach is expanding worldwide, with healthcare providers, tech companies, and startups entering the market from different corners of the globe. This global expansion is contributing significantly to the industry's rapid growth.Improved Patient Outcomes Research indicates that telemedicine can lead to improved patient outcomes. Timely consultations, continuous monitoring, and better access to healthcare professionals contribute to early diagnosis and effective management of various medical conditions.Recent Developments in the Telemedicine MarketTelemedicine Platforms Telemedicine platforms are continually evolving to offer more features and capabilities. Many now integrate electronic health records (EHRs), prescription management, and secure patient messaging, enhancing the overall patient experience.AI and Telemedicine Artificial intelligence (AI) is making its presence felt in telemedicine. Machine learning algorithms are being employed to analyze medical data, predict patient outcomes, and enhance diagnostic accuracy. The integration of AI promises to revolutionize telemedicine further.Telemedicine Market ScopePatient Convenience Telemedicine offers unparalleled convenience to patients. They can schedule appointments at their convenience, eliminating the need for lengthy commutes and extended wait times in crowded waiting rooms.Cost Savings Telemedicine presents cost savings for both patients and healthcare providers. Patients save on travel expenses and time, while healthcare providers can optimize their resources more efficiently.Telemedicine Market AnalysisKey Players The telemedicine market boasts a diverse array of key players, including established healthcare institutions, technology firms, and startups. Prominent players include Teladoc Health, Amwell, Doctor on Demand, and numerous others. These companies offer a wide array of telehealth services and continue to innovate in the field.Patent Analysis Analyzing patents is crucial to understanding the technological innovations propelling the telemedicine market. It offers insights into the key players' areas of focus and hints at potential future developments.Grants and Funding Monitoring grants and funding within the telemedicine sector provide valuable insights into market trends and growth areas. Government support and private investment often signify confidence in the market's potential.Clinical Trials Clinical trials within the telemedicine realm are essential for validating the efficacy and safety of remote healthcare solutions. Keeping abreast of ongoing trials can provide valuable information about emerging telemedicine treatments and technologies.Partnerships and Collaborations Partnerships and collaborations among telemedicine providers, healthcare organizations, and technology companies are commonplace. These alliances often result in innovative solutions and expanded service offerings.FAQ: Addressing Common Questions1. Is telemedicine as effective as in-person visits? Telemedicine has proven highly effective for many types of consultations and follow-ups. However, certain cases necessitate physical examinations or procedures, mandating in-person visits.2. Is telemedicine secure and private? Telemedicine platforms prioritize security and privacy, employing encryption and adhering to stringent data protection regulations to safeguard patient information.3. How can I access telemedicine services? Accessing telemedicine services is straightforward. Many healthcare providers have their telemedicine platforms or collaborate with established telehealth companies. Patients can typically schedule appointments through websites or mobile apps.4. Will insurance cover telemedicine consultations? Insurance coverage for telemedicine varies by provider and policy. Many insurance companies now offer coverage for telehealth services, but it's essential to verify specific plan details.Related Report:Surgical Robots Market... — openPR.com, 12h ago

new As GenAI continues to evolve, experts anticipate the reduction of AI costs over time, although this will be accompanied by the demand for increased processing power to accommodate added functionality. While AI developers work to make AI more efficient and cost-effective, the focus remains on keeping power consumption in check. This balance between innovation and energy efficiency is crucial to ensuring that GenAI remains accessible and economically viable for businesses. — CDInsights, 15h ago

new Tel Aviv – November 20, 2023 –Lasso Security, innovators in Large Language Models (LLMs) cybersecurity, today announced a $6 million seed round led byEntrée Capital with the participation ofSamsung Next. Every few years there's a major technological revolution. In the 90s, it was the internet; in the 2010s, it was the cloud and most recently, we have Generative AI. The revolution that Gen AI and LLMs technologies have brought to organizations has been significantly embraced by hundreds of millions of end-users and hundreds of thousands of organizations. This swift adoption also presents a pressing issue — the significant cybersecurity challenges posed by LLMs, including data exposure, security and compliance risks. Lasso is setting the standard for LLM cybersecurity by safeguarding every LLM touchpoint, ensuring unrivaled, comprehensive protection for businesses leveraging Gen AI and other large language model technologies. The company intends to utilize the funds to expand its team and further enhance its offerings. — darkreading.com, 17h ago

new The integration of future-oriented technologies, notably Artificial Intelligence (AI), is at the core of the Dubai Economic Agenda D33’s ambitious goal to generate an annual economic value of Dh100 billion through digital transformation initiatives over the next decade. Partnerships with the world’s foremost technology players like Google are integral to Dubai’s efforts to enhance its technology ecosystem and accelerate growth, efficiency and innovation in the industry, Sheikh Maktoum said. — Khaleej Times, 17h ago

new Since its inception, Cranium's dedication to making AI security attainable by working with global leaders in health sciences, financial services, consumer packaged goods, and retail showcases its versatility and holistic view of the AI industry. As the first-ever technology spinout out of KPMG's startup incubator, Cranium's mission is to secure the AI revolution, enabling organizations to secure their AI technologies. Cranium's unique design and features, grounded in years of industry experience and high-level partnerships, lend it a distinct edge in the increasingly crowded cybersecurity market. — darkreading.com, 17h ago

new No doubt, we have discussed this critical infrastructure topic many times before. In October of this year, I wrote about AI and critical infrastructure trends: “The Department of Homeland Security is looking to become one of the 'early and aggressive adopters' of AI tools within the federal government, and is taking steps to protect critical infrastructure from AI-powered cyber attacks.”This is also part of the growing nature of nation-state cyber attacks. Cyber war and regional tensions with China, Ukraine and Israel have all contributed to this challenge, as highlighted by CSO Magazine: “With active kinetic wars in two major global arenas and fears that China is stealthily infiltrating critical infrastructure for future cyber disruption, experts at this year’s Cyberwarcon painted a picture of the growing harm that malicious cyber tools can wreak.”But Microsoft’s main blog has also focused on this critical infrastructure cyber attacks topic recently, with a twist including espionage:“In the past year, cyberattacks have touched 120 countries, fueled by government-sponsored spying and with influence operations (IO) also rising. At times, nearly half of these attacks targeted NATO member states, and more than 40% were leveled against government or private-sector organizations involved in building and maintaining critical infrastructure. While headline-grabbing attacks from the past year were often focused on destruction or financial gain with ransomware, data shows the predominant motivation has swung back to a desire to steal information, covertly monitor communication, or to manipulate what people read.”One more: Infosecurity Magazine offers this recent piece describing critical infrastructure cyber attacks in detail, including sources and specific modes of attack against governments and private-sector companies.You can watch this video to learn more about what is being done to address these cyber challenges against critical infrastructure by the Department of Defense and hear an unclassified overview of their new cyber defense strategy. — GovTech, 1d ago

new Can we trust machines with our medical data—one of our live’s most personal and private aspects? As AI is becoming increasingly utilized in medical institutions to assist clinicians in diagnosing and treating patients, this has added a new dimension to bioethics. This topic is analyzed through a multidisciplinary approach on the design level (which refers to the technology’s reliability) and on the application level (which refers to the human impact on the use of AI). This paper frames the issue of AI and bioethics through the lens of technology, law, and healthcare stakeholders. In tackling these issues, the authors focus on five subjects that affect medical AI’s trustworthiness: data quality, algorithmic bias, opacity, safety and security, and responsibility attribution. They found that while AI systems have been shown to streamline treatment processes successfully, they are limited in terms of being only as good as the quality of data provided to them. As data given to medical AI tools is at times non-standardized, unstructured, and contains errors, the authors propose measures to institute AI tools that are more ethical and trustworthy. — Montreal AI Ethics Institute, 1d ago

new Cover the entire AI lifecycle in your AI policy: Your AI policy should not simply focus on how AI models are developed or how they are used. Instead, create a comprehensive policy that covers everything from data preparation and training to model creation and development, model deployment, model monitoring, and model fine-tuning. — eWEEK, 1d ago

new Generative AI is a ground-breaking technology, and we are excited to integrate it into Oracle NetSuite soon. The rapid progress in generative AI illustrates that other AI technologies are likely to see significant advancements as well. The future lies in a combination of various AI technologies and business applications. Large Language Models (LLMs) excel in understanding language and data, while traditional AI technologies are proficient in handling numerical data. The goal is to make AI seamless within the user experience. It should assist, advise, and adapt to users’ needs without requiring them to understand the underlying technology. In Oracle NetSuite, we’ve integrated generative AI seamlessly into everyday workflows. Our unique approach leverages the wealth of data within Oracle NetSuite to tailor the AI to the specific context and user requirements. Users can configure AI to match their company’s preferences, aligning with our philosophy of enabling easy configurability for all users. — DATAQUEST, 2d ago

new These are just a few of the myriad ways health systems can leverage AI to increase productivity, reduce costs, prevent human errors, and improve patient & staff experience. These are exciting and constantly evolving technologies, with regulations and industry standards in very early development stages. To ensure responsible and secure use, health systems should work with a trusted partner who is well-versed in AI and capable of closely monitoring and abiding by new regulatory & legislative policies. — Healthcare Business Today, 2d ago

new Rivera: As organisations become increasingly reliant on technology, digital trust has emerged as a critical component of overall trustworthiness. Digital trust is a foundation for successful customer engagement, employee satisfaction and business partnerships. The best way to address today’s digital trust needs is through a comprehensive digital trust framework that addresses cyber security, data privacy and compliance. This includes implementing measures such as data protection and encryption, regular security assessments and employee training to create a culture of security. To prepare for tomorrow, effective investments in digital trust solutions include those that prioritise automation, AI and machine learning to streamline processes and enable continuous monitoring of data security. As technology evolves, so must our digital trust solutions. The organisations that invest in innovative digital trust solutions today will be well-positioned to build trust and thrive in the digital age. Many technology projects move too quickly and do not allow sufficient time to address complex ethical issues that may surface. We believe, first and foremost, in the value of integrity, of doing what is right and good for customers and for the planet at large. When we prioritise investments in technology, we look for those that not only help us perform more efficiently and more effectively, but also those that help build greater trustworthiness with customers. — Financier Worldwide, 2d ago

new Abstract: Pneumonia remains the leading cause of infectious childhood deaths globally, resulting in more annual deaths than HIV, TB and diarrhoea combined. Therefore, innovation in the diagnosis and treatment of pneumonia is needed to achieve Sustainable Development Goal 3.2. Standardised guidelines in low and middle-income countries (LMICs) currently include counting respiratory rate to diagnose paediatric pneumonia; however, this vital sign is often not collected or collected poorly, resulting in missed cases and sub-optimal treatment. We aim to develop and assess artificial intelligence (AI) methods for the analysis of mobile phone video data to determine respiratory rates in children under-five years. We will address this through three objectives: 1) develop and assess the diagnostic agreement of an AI algorithm for measuring respiratory rate and predictive signs of pneumonia from existing videos of children from LMICs, with and without signs of pneumonia. 2) Compare the AI accuracy against human rater accuracy. 3) Determine the appropriateness and acceptability of an automated video-based mHealth app for measuring respiratory rate amongst caregivers in South Africa. — umu.se, 2d ago

new The Artificial Intelligence and Generative AI Bible is an all-encompassing book simplifying the complex expanse of GenAI. Divided into five essential sections, it covers AI basics, deep learning, NLP, ethics, and future applications. This book breaks down intricate concepts, offering practical insights and real-life examples across diverse industries. It doesn’t just explain theories; it navigates ethical considerations and showcases AI’s potential impact. With a future-focused approach, it sparks curiosity, empowering readers to harness AI’s power for innovative solutions. Easy to follow and comprehensive, it serves as a compass for both beginners and experts in understanding and utilizing AI’s transformative capabilities. — Zephyrnet, 2d ago

new I envision 2024 as a transformative year where the realms of Cybersecurity and Artificial Intelligence will increasingly intersect, reshaping the landscape of digital security. The adoption of AI-driven security products and services will rise significantly, leveraging machine learning algorithms to detect and alert against cyber threats in real-time. This marks a pivotal shift from traditional, reactive cybersecurity measures to more proactive, predictive models. However, AI will largely remain a co-pilot to Security Teams, not yet advanced enough to fully automate complex security tasks. I also anticipate a surge in Zero Day attacks and more sophisticated methods from Threat Actors, who are increasingly utilizing AI. This highlights the need for robust AI governance frameworks in organizations to ensure responsible and effective use of AI in cybersecurity, balancing technological advancements with ethical considerations. — Thinkers360 | World’s First Open Platform For Thought Leaders, 2d ago

new The potential labor–management tensions around AI, as in recent strikes in the entertainment and automobile industries have highlighted, also will need to be navigated. But the labor shortages in health care and the high levels of burnout will dampen some of that pushback. — medicalxpress.com, 2d ago

new On 20 October, the Ministry of Industry and Information Technology issued the "Guiding Opinions on the Innovative Development of Humanoid Robots", providing a comprehensive and clear strategic plan for the development of humanoid robots for the first time in a standalone document. The opinions point out that humanoid robots, integrating advanced technologies such as AI, high-end manufacturing and new materials, are expected to become disruptive products following computers, smartphones, and new energy vehicles. They have the potential to profoundly transform the way of life and production and reshape the global industrial development landscape. As part of the "national team" for humanoid robots, UBTECH is expected to gain more development opportunities in technological breakthroughs and application expansion. — acnnewswire.com, 2d ago

new KAREN HAO: I think what we've seen is not with, with open source models, I would not describe that as democratizing AI development in the way that I was sort of trying to evoke earlier. The thing about democratizing AI development and governance is that people should be also able to say that they don't want things to be released. So, you know, Meta has taken, they're sort of seen as a, as a bit of a champion around open source AI development. They've taken a stance of we're going to release these models and allow anyone to commercialize off of these models. But no one actually has a say other than Meta about whether they released those models, you know, so that in and of itself I think is undemocratic. And part of the, part of the issue as well with the way that Meta so-called "open sources" its AI models is they allow anyone to take it, download it, and manipulate it, but they don't actually tell anyone how this technology was developed. So one of the things that people have really pushed for heavily-researchers, certain researchers have pushed for heavily-is the fact that Meta or any company could actually open source the data that they use to train these models. You know, you could open source the data, understand far more about what's actually being poured into these technologies and you wouldn't actually accelerate necessarily- it's sudden proliferation everywhere. So one, one of the concerns with the way that Meta behaves that, you know, an OpenAI or other type of company that has a more closed model approach argues is, "Oh look Meta is just accelerating this race, this competitive race and actually creating more dangerous dynamics," sort of to your question of like, does that actually make things worse? And, and I would say like there are actually many ways to increase the democratic governance of these, these technologies and kind of the scientific examination of these technologies without actually accelerating this race such as the data open sourcing. And by doing that you then enable many more scientists to kind of study what actually we're- what are we even feeding these models to then also study how what we feed in relates to what comes out. And then you end up hopefully in a situation through a lot of more scientific research and debate and contestation just better models that don't break that work for more people that are hopefully less computationally intensive and less data intensive so they're not as costly to the environment. And you would end up with- what I think would be more beneficial AI development. — Big Think, 2d ago

new Among the lowest-hanging fruit for AI in government involves press releases and other forms of communication from agencies to residents. Zencity, for example, debuted a ChatGPT tool that writes what amounts to a first draft of a press release — including potential quotes from public officials. That could save significant time for city managers, among other advantages, according to the company.Municipal budgeting, too, could serve as fertile ground for generative AI.A new AI tool from ClearGov takes in past budgeting data and future estimates to produce what officials sometimes call a budget narrative. Such narratives, which put spending figures into context, often help those officials sell the budget to peers and voters. AI could bring more efficiency to the process, usually the most difficult and contentious work undertaken by local and state governments.Generative AI also gained more of a presence in higher education in 2023. The technology can help with essays, math problems and lesson plans, with work completed within seconds. But fears of plagiarism and other abuses have led to a more cautious welcome for AI in universities and colleges than in city halls, with large school districts such as the one in New York City initially placing restrictions on ChatGPT.College deans and local school boards continue to grapple with the full implications of AI. So are other governmental bodies as the technology hogged more of the spotlight as 2023 progressed. Maine imposed a six-month ban on the use of AI for state employees using state devices or conducting state business. Officials said they needed time to study the privacy, bias and misinformation concerns sparked by ongoing deployment of AI-based products. Executive orders started to emerge at a regular clip as fall rolled around, with Pennsylvania, Virginia, Oklahoma and New Jersey governors all issuing guidance within a few weeks of each other. Their missives were followed within weeks by an AI Executive Order from the White House in late October. Each official action recognized both the potential and the risk, with many calling for outside help to develop appropriate policies for safe use in service of their residents.It’s almost impossible, however, to imagine a gov tech future without much more artificial intelligence. Evidence for that comes from every corner of the industry.For instance, industry giant Tyler Technologies touted its growing ability to use AI for quicker and more accurate court filings, whose complex coding and redaction requirements often force judicial employees to perform manual data entry. Klir’s new AI-backed offering is designed to improve water management and compliance, with what the company calls “holistic” views of utility systems delivered via a chatbot fueled by artificial intelligence.Startups, of course, have also embraced AI, as shown by the most recent cohort from CivStart’s gov tech accelerator program, which provides at least some foreshadowing of the tools public agencies might be using a few years from now. One of the program participants is using artificial intelligence to help local officials — many of them new to the grunt work of government — write and manage legislation. — GovTech, 2d ago