About the Telecardiology Market
Telecardiology is the provision of diagnosis and health monitoring of cardiac patients by physicians and healthcare professional from a distant location with the help of ICT. It is the branch of telemedicine services, which focuses on treatment of cardiovascular diseases (CVDs). Telecardiology services enable healthcare professional to access cardiac data of patient such as cardiac test results in the form of text, images and videos. Using telecardiology, cardiology specialists can monitor patients' heart related data, ensuring quick identification of cardiac problems. During emergency, physicians can offer consultation and prescribe medicines via videoconferencing. Telecardiology technology services are also used for advanced CVDs research, training, and education.
Technavio’s analysts forecast the Global Telecardiology Market to grow at a CAGR of 17.24% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the Global Telecardiology Market for 2016-2020. To calculate the market size, we consider revenue generated from the following telecardiology IT solutions and services:
Technavio Announces the Publication of its Research Report – Global Telecardiology Market 2016-2020
Technavio recognizes the following companies as the key players in the Global Telecardiology Market: BioTelemetry, Biotronik, McKesson, Philips Healthcare, and GE Healthcare.
Other Prominent Vendors in the market are: Aerotel Medical Systems, Agfa-Gevaert, Allscripts Healthcare Solutions, AMD Global Telemedicine, American Well, Cerner, Cisco Systems, CompuMed, F. Hoffmann-La Roche, Healthspot, Honeywell HomMed, Honeywell Life Care Solutions, Huawei Technologies, InTouch Technologies, LifeWatch, Meddiff Technologies, Medtronic, Polycom, Siemens Healthcare, Telemed Solutions, and Vidyo.
Commenting on the report, an analyst from Technavio’s team said: “One trend to watch for in the telecardiology market is the increased adoption of CVIS. CVIS is a healthcare IT used to store cardiology related information. CVIS increases cardiology operations and provides platform to access cardiology related medical data. Hospitals are also integrating cardiology data, such as ECG, echogram data, hemodynamics data, and other laboratory test results, with centralized electronic health records. This is done so that patient's medical information can be shared with other departments, such as oncology, for the treatment of cancer and CVD simultaneously.”
According to the report, a key growth driver in this market is the easy access to quality healthcare services. Telecardiology services can be accessed from a remote location through two-way doctor to patient communication system. Telecardiology services in rural areas ensure availability of high quality and advanced medical diagnosis services.
Further, the report states that one challenge that could hamper market growth is the risk associated with data privacy and security. "
BioTelemetry, Biotronik, McKesson, Philips Healthcare, GE Healthcare, Aerotel Medical Systems, Agfa-Gevaert, Allscripts Healthcare Solutions, AMD Global Telemedicine, American Well, Cerner, Cisco Systems, CompuMed, F. Hoffmann-La Roche, Healthspot, Honeywell HomMed, Honeywell Life Care Solutions, Huawei Technologies, InTouch Technologies, LifeWatch, Meddiff Technologies, Medtronic, Polycom, Siemens Healthcare, Telemed Solutions, Vidyo.