Global Telecare Devices Market 2018-2022
About Telecare Devices
Telecare devices are sensory and monitoring equipment used by healthcare professionals and concerned relatives to track and monitor the health condition, activities and falls of patients. These devices include wearable devices, smoke, heat, electricity sensors.
Technavio’s analysts forecast the Global Telecare Devices Market to grow at a CAGR of 8.67% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the Global Telecare Devices Market. To calculate the market size, the report considers the revenue generated from the sales of telecare devices.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Telecare Devices Market 2018-2022
Technavio recognizes the following companies as the key players in the Global Telecare Devices Market: Ascom, Climax Technology, Legrand, NXT ID, Phillips, Tunstall
Commenting on the report, an analyst from Technavio’s team said: “One trend affecting this market is the integration of artificial intelligence with healthcare. Artificial intelligence solutions are being integrated to different industries such as automobile, finance, aviation, and education.”
According to the report, one of the factors influencing this market is the growing prevalence of heart-related disorders. Growing prevalence of various heart-related disorders require improved treatment options like surgical intervention, in turn, increasing the demand for various structural heart disease treatment devices.
Further, the report states that one challenge affecting this market is the risks and complications associated with structural heart implants. There are high level risks associated with repair and replacement procedures for treating structural heart diseases.
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