The global video telemedicine market is highly consolidated with top
four players collectively holding close to 90% of the overall market
in 2013, as per a new analysis by Transparency Market Research. These
are Cisco Systems Inc., Polycom Inc., LifeSize, and Vidyo Inc. Among
these, Cisco Systems Inc. was the clear leader in the same year
thanks to its diversified product portfolio and extensive
geographical presence.
Request for Sample Copy of Report @
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=536
“Partnerships and collaborations are the key focus of top players
in the global video telemedicine market in the bid to expand their
geographical presence”, points out a TMR analyst. This is mainly to
improve remote and rural patient care, security, and communication.
An excellent example is AMD Global Telemedicine Inc. collaborated
with Nexus Connected Healthcare in September 2012, the latter being a
subsidiary of Nexus IS Inc., to augment the applications of
telemedicine.
Technological innovation and integration of applications is another
key growth model that leading players are adopting to enhance their
portfolio and broaden their regional footprint in the process. This
is expected to increase the scope of video telemedicine from early
detection and diagnosis to therapeutics.
Innovation in product design is also what top players in the global
video telemedicine market are adopting for revenue growth. For
instance, Global Media Group LLC’s TotalExam HD is the one of the
world’s first true HD examination cameras.
Enquiry for discount on this report @
https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=536
“The global video telemedicine market is primarily driven by the
rapidly increasing aging population that needs remote health
diagnosis and monitoring”, says a TMR analyst. Moreover, regular
healthcare needs of this population are driving the demand for mobile
health and video telemedicine. According to estimates from the World
health Organization (WHO), the percentage of individuals above the
age of 60 years would double from 11% in 2011 to 22% by 2050. This
indicates a significant rise in the geriatric population base would
propel the need for efficient healthcare services that can be
rendered remotely.
Government reforms that are favorable for improving the quality of
healthcare is also fuelling the growth of the global video
telemedicine market, says a TMR analyst. Proliferation of
communication technologies and electronic devices is also propelling
the growth of the global video telemedicine market.
Resistance for adopting new technologies, predominantly in developing
nations such as India, Brazil, China, and Argentina is challenging
the market’s growth. This is because the majority of the
individuals in these countries prefer visiting the healthcare
practitioner in place of receiving medical care remotely. Lack of
modern healthcare infrastructure in several countries, which can
support the deployment of video telemedicine is also restraining the
market’s growth. Video telemedicine requires a high-level of
technological capacity for the transmission of data and images
unambiguously across the recipient’s network.
Report Overview @
https://www.transparencymarketresearch.com/v-telemedicine-market.html
The dearth of skilled personnel that can operate video telemedicine
systems is also an impediment to the growth of this market. The use
of video telemedicine also requires dedicated medical personnel at
all times to respond to queries.
The global video telemedicine market is expected to be worth
US$1,624.4 mn by 2020. Video telemedicine based on asymmetric digital
subscriber line (ADSL) communication technology contributed the
highest revenue to the overall market in 2013. However, the 4G
communication technology segment of the market will display the
highest growth rate at a CAGR of more than 18% between 2014 and 2020.
Gynecology stood as the leading application segment in 2013; however,
neurology and psychiatry application segments are expected to display
the highest growth rate during the forecast horizon, the report
states.
About Us
Transparency Market Research (TMR) is a market intelligence company,
providing global business information reports and services. Our
exclusive blend of quantitative forecasting and trends analysis
provides forward-looking insight for thousands of decision makers.
TMR’s experienced team of analysts, researchers, and consultants,
use proprietary data sources and various tools and techniques to
gather, and analyze information. Our business offerings represent the
latest and the most reliable information indispensable for businesses
to sustain a competitive edge.
Each TMR syndicated research report covers a different sector - such
as pharmaceuticals, chemicals, energy, food & beverages,
semiconductors, med-devices, consumer goods and technology. These
reports provide in-depth analysis and deep segmentation to possible
micro levels. With wider scope and stratified research methodology,
TMR’s syndicated reports strive to provide clients to serve their
overall research requirement.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email:
sales@transparencymarketresearch.com
Website:
https://www.transparencymarketresearch.com
No comments:
Post a Comment