Title: Global Telemedicine Market and Forecast to 2022: Ken Research
1Global Telemedicine Market and Forecast to 2022
Ken Research
2- The report titled Global Telemedicine Market (by
End-Users, Specialty, Component Region) and
Forecast to 2022, provides a comprehensive
analysis of global telemedicine market. This
report covers history, evolution, function,
global leading players, specialty services, major
issues related to telemedicine, geographical
growth, introduction of telemedicine mobile
applications and continuing growth over the
coming years. - Industry Overview Telemedicine or e-health is
where healthcare professionals evaluate, diagnose
and treat patients residing in remote
3- locations using the telecommunication technology.
Telemedicine was actually started in the year
1950 when a few hospital systems and university
medical centres found ways to share medical
information and transmit radiologic images over
the phone. The population living in remote areas
was provided with medical advice by the experts
in a quick and efficient manner. The prime motive
behind the telemedicine is to reduce the
healthcare cost, and afford better communication
between doctor and patient in the healthcare
sector. Earlier, telemedicine was majorly used to
connect doctors with specialists working at other
locations to provide adequate medical help to
rural or remote population where specialists
arent readily available. - North America is well established in the
information technologies and has many
organizations that contribute huge funds for the
development of telemedicine market. Europe ranks
second in the telemedicine market followed by
Asia Pacific region which will witness a highest
growth over the coming years. It is predicted
that Asia Pacific
4will face major economic reforms, and a steady
growth in IT sector that may help in the growth
of the telemedicine market. The increasing in
the aged population, rising of chronic diseases,
shortage of healthcare professionals worldwide,
technological advancements in telecommunication
infrastructure, increasing utilization of smart
electronics for the management of chronic
diseases, various benefits of telemedicine, and
need for affordable medical treatment due to
rising healthcare costs are the major factors
that are driving the growth of the global
telemedicine market over the coming years. For a
few decades telemedicine was limited due to the
cost and use of the medical equipment. However,
with the rise of the internet age, increase in
smart electronic devices, high-quality video
transmission has created a possibility of
delivering value healthcare to patients at their
homes, workplaces or at remote medical facilities.
5Technological Advancements the technological
advancements in telecommunication sector have
affected all the major industries around the
world. Almost, all the extensive smart electronic
gadgets incorporate telecommunication
technologies for various applications. The
advanced technology has significantly influenced
the healthcare industry intensifying the
telemedicine sector. Teleconsulting, telesurgery,
and telepathology, are various efficient
telemedicine healthcare processes and systems
available globally. The telemedicine market is
categorized into services, software, and
hardware. The telemedicine services segment
witnessed an increasing adoption of monitoring
solutions by patients in remote areas,
advancement in telecommunication technology, and
introduction of ACA (Affordable Care Act)
globally. The software segment in telemedicine is
an integral part of telemedicine services and
works as an interface between the database,
patients or employer groups or government bodies.
6Major Players in Global Telemedicine Market
Latest, telemedicine services utilize the
advanced electronic communications and latest
software to provide better healthcare services to
patients who are not able to visit the hospital.
Generally, telemedicine technology is used for
follow-up visits, management of chronic
conditions, medication management, specialist
consultation and other medical services that are
provided via secure video and audio connections.
Telemedicine is a virtual medicine that helps in
reducing the emergency room visits and
hospitalization rate. Global leading telemedicine
players are Philips Healthcare, Medtronic plc,
Honeywell Life Care Solutions, Tunstall
Healthcare, Care Innovations, Cerner Corporation,
Cisco Systems, Inc., Medvivo Group Ltd.,
GlobalMedia Group, LLC, Aerotel Medical Systems
Ltd., AMD Global Telemedicine, Inc., American
Well, InTouch Health, and Vidyo, Inc.
7The global telemedicine market has the potential
to revolutionize healthcare delivery at various
places. It was observed that there is a constant
medical technological innovation, increasing
remote patient monitoring and the rising use of
treatments that require long follow-ups which
attracts the global telemedicine market.
Telemedicine provides instant access to medical
experts, any hospital, medical facility,
specialists, and medical institutions to share
any medical resources immediately with any
hospital or clinic around the world. Telemedicine
market is divided based on the specialty area
such as general consultation, cardiology,
dermatology, neurology, gynecology, trauma care,
ophthalmology, orthopedics, psychiatry,
pathology, general surgery and others. The
end-users in the telemedicine market are
hospitals, clinics, patients and others. Few
leading telemedicine players in Asia Pacific
region are IBM, Intel Corporation, Philips
Healthcare, McKesson Corporation, AMD
Telemedicine, GE Healthcare, and Cardio Net Inc.
8- Majority of the doctors working in hospitals and
clinics worldwide have spent most of their time
using conventional means to treat patients.
Training or convincing the older generation
healthcare workers to use the telemedicine is a
huge task and it cannot be accomplished easily.
Only after the next generation of doctors takes
over the healthcare industry there would be a
possibility of rapid development in the
telemedicine market and it would easily take at
least another couple of decades. Few factors
restraining the telemedicine market are legal
issues, reimbursement issues, and high cost of
advanced technology, lack of physician support
combined with poor cases of implementation and
lack of infrastructure. - Way Forward for Global Telemedicine Market The
global telemedicine market is expected to grow
rapidly over the coming years due to increasing
chronic conditions and rising demand for
self-care. The telemedicine technologies are now
made easy with the introduction of a mobile
device application that is easy to use for both
9- patients and healthcare providers. It was
anticipated that there will be an increasing
demand of automation and synchronization in the
telemedicine service providers across the globe.
The increasing in usage of internet, virtual
medicine and demand for value healthcare will
witness a drastic growth of telemedicine market
over the coming years. - Key Topics Covered in the Report
- Global Telemedicine Market Research Report
- Telemedicine Market Demand Analysis
- Global Telemedicine Market by Technology
- Teleconsulting market Revenue
- Major Players in Global Telemedicine Market
- Telesurgery Market Growth Worldwide
- Growing Adoption of Electronic Health Records
- Chronic Diseases Worldwide
- North America Telemedicine Market Analysis
10- Europe Telemedicine Market Research
- Asia Telemedicine Market Research Outlook
- Technological Developments in Telemedicine
- Global Telemedicine Market by End-User
- Telemedicine Market by Service
- Global Telemedicine Market by Geography
- Future Outlook of Global Telemedicine Market
- For more information on the research report,
refer to below link - https//www.kenresearch.com/healthcare/general-hea
lthcare/global-telemedicine-market-forecast/142618
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