Pager’s innovative product, strategic business model, and rapid COVID-19 response are strong signs that the company is well-positioned to succeed in the forthcoming battle for dominance in telemedicine.
It is clear that Teladoc and other telemedicine providers are clear winners during today’s global pandemic. The question is: Will they continue to be winners when COVID-19 is over and societies go back to normal?
Chunyu Doctor (春雨医生) is an online telemedicine platform in China. Among the telemedicine companies in China, it has the largest Internet penetration rate, and it has accumulated more than $100 million in capital. In September 2016, Cycares, the international branch of Chunyu Doctor, completed its series C venture capital fund raising round, raising $50 million, the largest round of venture funding ever achieved in the Chinese telemedicine industry.
Telemedicine is not a new idea. Since the birth of video-calling, experts thought that telemedicine will revolutionize the industry. Analysts bullishly have suggested that the market could be worth $4.5B by 2018 (IHS, 2014). Back in 2002, a small start-up […]