(PharmaNewsWire.Com, March 17, 2017 ) According to the report Europe Telemedicine Market published by Market Data Forecast, the Europe market has been estimated at $7.148 billion in 2015 and is projected to reach $13.824 billion with CAGR of 14.1% in the forecast period 2016-2021
Telemedicine is the remote diagnosis and treatment of patients by means of telecommunications technology. The recent healthcare reforms have transformed the telemedicine market and also expanded the reach of these applications. Internet, store and forward imaging technology and video-conferencing are the corner stones that are building telemedicine market.
One of the main reasons that the use of telemedicine has increased is that rising number of patient in this region has made it a cumbersome task to manage wellbeing of the patients with a limited number of healthcare professionals. This is where telemedicine products are being useful to provide better provision for maintaining healthcare.
Increase in geriatric population, recent advancement in technology, increase in population and lack of manpower in healthcare sector are the driving actor in the growth of this market. The tele-monitoring segment will also enjoy an upward trend owing to the increasing diabetic and disabled population. Also rising cost of healthcare services increased of use of technology in healthcare has also impacted the market growth.
Some of the major companies operating in the telemedicine market are AMD Global Telemedicine, GE Healthcare (U.K.), CISCO Systems, Inc., Medtronic, Inc., Honeywell Lifesciences, Aerotel Medical Systems, Philips healthcare, McKesson Corp, Cerner Corporation, and CardioComm. Other players in the telemedicine market are Apollo Hospitals (India), 3M, Robert Bosch Healthcare, Neosoft (China), SnapMD (U.S.), Polycom Corp., F. Hoffmann-La Roche Ltd., InTouch Technologies, Inc., LifeWatch AG, OBS Medical Ltd., Siemens Healthcare, Agfa HealthCare NV, Allscripts Healthcare Solutions, Biotelemetry, Inc.
The Europe Telemedicine Market study offers following deliverables:
Global Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions those are still untapped.
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics.
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis.
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analyzing the level of competition and business strategy development.
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment.
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies.
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions.
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market.
Checkout other related studies in the Healthcare IT Segment:
About us Market Data Forecast is a firm working in the areas of market research and business intelligence. We have rich experience in research across major industry segments like Healthcare, Agriculture, Food & Beverages etc. and we cater to the needs of both individual and corporate clients. Our research services contribute to key business areas like business process improvement, key decision making and developing appropriate corporate strategy. We are truly committed to our clients and other stakeholders for providing customized research services of the highest quality all the while being an organization thats trusted for its integrity, respected for its accountability, and admired for its excellence, by both clients and competitors alike.
We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Biotechnology & Pharmaceuticals resource center today to browse our selection of 600+ complimentary Biotechnology & Pharmaceuticals magazines, white papers, webinars, podcasts, and more. Get popular titles including:
