In the last few years, telemedicine technology has revolutionized the healthcare industry. The healthcare industry is witnessing phenomenal changes. This is indicated by the wide use of digital health platforms such as mhealth, telehealth, EMR, and other wireless technologies. Digital health platforms are the essential elements in every healthcare organization as it helps to remotely monitor patients, increases healthcare delivery efficiencies, improves access to electronic health information, and enhances the quality of healthcare services along with reducing costs. They support a wide range of healthcare needs and functions such as chronic disease management, clinical decision support, and population health management.
Technavios analysts forecast the global telemedicine market to grow at a CAGR of 18.95% over the period 2014-2019.
Covered in this report
The report covers the current scenario and the growth prospects of the global telemedicine market for 2015-2019. To calculate the market size, the report considers revenue generated from the following:
Technology and services Telehospitals/teleclinics and telehome Technavio's report, Global Telemedicine Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, EMEA, and APAC; it also covers the landscape of the global telemedicine market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Cerner GE Healthcare Honeywell Life Care Solutions IBM Mckesson Phillips Healthcare Other prominent vendors
Aerotel Medical Systems Agfa-Gevaert Allscripts Healthcare Solutions AMD Global Telemedicine American Well Cardiocom Cisco Systems F. Hoffmann-La Roche Healthspot Huawei Technologies InTouch Technologies LifeWatch MDLIVE Medtronic RNCOS Roche Siemens Healthcare Teladoc VSee Lab ZTE Key market driver
Increased usage of remote process monitoring For a full, detailed list, view our report Key market challenge
Implementation challenges For a full, detailed list, view our report Key market trend
Increase in partnerships For a full, detailed list, view our report Key questions answered in this report
What will the market size be in 2019 and what will the growth rate be What are the key market trends What is driving this market What are the challenges to market growth Who are the key vendors in this market space What are the market opportunities and threats faced by the key vendors What are the strengths and weaknesses of the key vendors
Technavio Announces the Publication of its Research Report Global Telemedicine Market 2015-2019 Technavio recognizes the following companies as the key players in the Global Telemedicine Market: Cerner, GE Healthcare, Honeywell Life Care Solutions, IBM, Mckesson and Phillips Healthcare Other Prominent Vendors in the market are: Aerotel Medical Systems, Agfa-Gevaert, Allscripts Healthcare Solutions, AMD Global Telemedicine, American Well, Cardiocom, Cisco Systems, F. Hoffmann-La Roche, Healthspot, Huawei Technologies, InTouch Technologies, LifeWatch, MDLIVE, Medtronic, RNCOS, Roche, Siemens Healthcare, Teladoc, VSee Lab and ZTE Commenting on the report, an analyst from Technavios team said: Healthcare organizations and universities have partnered with digital health providers to study new digital health solutions. For instance, UCSF uses activity trackers and other devices in remote monitoring of patients to avoid readmissions. All these factors will drive the increasing adoption of telemedicine by all the stakeholders. This increase has led to increasing partnerships among several healthcare providers and IT organizations. According to the report, mobile health is the practice of delivering healthcare with the help of mobile devices such as patient monitoring devices, mobile phones, and PDAs. Factors such as increasing aging population, chronic diseases, healthcare costs, and regulatory norms are driving the adoption of mobile healthcare technologies. Further, the report states that face-to-face consultation and follow up with doctors and physicians increase the cost of care, which is not affordable to everyone, causing less than optimum utilization of healthcare resources such as doctors, nursing staff, and physicians.
Cerner, GE Healthcare, Honeywell Life Care Solutions, IBM, Mckesson, Phillips Healthcare, Aerotel Medical Systems, Agfa-Gevaert, Allscripts Healthcare Solutions, AMD Global Telemedicine, American Well, Cardiocom, Cisco Systems, F. Hoffmann-La Roche, Healthspot, Huawei Technologies, InTouch Technologies, LifeWatch, MDLIVE, Medtronic, RNCOS, Roche, Siemens Healthcare, Teladoc, VSee Lab, ZTE