+1-518-618-1030 866 - 552 - 3453 USA-Canada Toll Free
Published Date: 2016-04-21Number of Pages: 92

Telemedicine Technologies and Services Market (Component - Hardware, Software, and Services; End-user - Telehospital and Telehome) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2023

Telemedicine has shown a greater degree of adaptability in accordance with sectors such as communication and information. This has provided health care practitioners and patients with a wide array of services. Presently, telemedicine is routinely used in daily medical practices by professionals. Hospitals find telemedicine services to be increasingly profitable, as the reach of the services has improved significantly over the years due to the advent of tele-support. The global telemedicine technologies and services market is predominantly driven by increase in the global geriatric population, advances in mobile penetration, connectivity, and ICT services, and burden on existing hospital care due to growing health care demands. According to the World Health Organization, the global geriatric population was around 524 million in 2010 and is likely to reach 1.5 billion by 2050.

In terms of component, the market has been segmented into hardware, software, and services. The telemedicine services segment is gaining popularity globally due to its ability to provide high definition and quality medical services in remote areas. People in developing nations cannot afford technologically advanced products due to financial crisis and low disposable income. Hence, they opt for cost-effective and consistent telemedicine services. The services segment is expected to expand at the highest CAGR during the forecast period from 2015 to 2023. The hardware segment has been categorized into videoconferencing unit, imaging unit, vital signs unit, ECG, and others. The telemedicine software segment has been categorized into integrated and standalone software. Likewise, the telemedicine services market has been segmented into interactive, store and transfer, and chronic care.

Telehospital/teleclinic and telehome form the major end-user segments of the global telemedicine technologies and services market. The telehospital segment accounted for the largest share of the telemedicine technologies and services market in 2014. Telehome has witnessed significant acceptance among patients. Hence, the segment is likely to expand at the highest rate in the next few years.

North America accounted for the largest share of 53.3% of the telemedicine technologies and services market in terms of revenue in 2014. It is expected to retain its leadership position until 2023 primarily due to established medical, health care, and communications infrastructure. Additionally, growing number of installations of telemedicine solutions in various clinics/hospitals and presence of a large number of suppliers and service providers in North America have paved the way for easy penetration and accessibility of health care services. Furthermore, rapid development and adoption of telecommunication technologies, government support in establishing a setup involving usage of new medical technologies for the benefit of people, and favorable reimbursement policies boost market growth in the region. Countries in Western Europe (Germany, France, Italy, Spain, and others) offer lucrative opportunities in the field of telemedicine, majorly due to increasing implementation of technologically advanced PACS and rising government initiatives toward development of well-equipped health care centers.

The telemedicine technologies and services market in Asia Pacific is expected to expand at an impressive CAGR from 2015 to 2023. This region represents vast geographical area and large patient population coupled with high presence of disparities in health care access and delivery between the rural and the urban areas. Major drivers of telemedicine in this region include the presence of a large patient population suffering from various types of communicable, non-communicable, and lifestyle diseases such as skin disorders, obesity, neurological disorders, diabetes and cardiovascular disorders.

The global telemedicine technologies and services market is characterized by the presence of major companies such as Aerotel Medical Systems Ltd., AMD Global Telemedicine, Inc., General Electric Company, Honeywell International, Inc. and LifeWatch AG.

telemedicine-technologies-services-market

 

Table of Contents

Chapter 1 Preface
1.1 Report Description
1.2 Market Segmentation
1.3 Research Methodology

Chapter 2 Executive Summary
2.1 Telemedicine Technologies and Services Market Snapshot
2.2 Global Telemedicine Technologies and Services Market Share, by Geography, (US$ Mn), 2014 & 2023
2.3 Global Telemedicine Technologies and Services Market, by Component, (US$ Mn), 2014

Chapter 3 Telemedicine Technologies and Services Market– Industry Analysis
3.1 Introduction
3.2 Market Drivers
     3.2.1 Increase in Geriatric and Chronic Disease Affected Population
     3.2.2 Advances in Mobile Penetration, Connectivity, and ICT Services
     3.2.3 Burden on Existing Hospital Care due to Growing Health Care Demands
3.3 Restraints
     3.3.1 Legal and Privacy Issues
     3.3.2 Dearth of Dedicated Medical Staff and Infrastructure
3.4 Opportunity
     3.4.1 Serving Rural and Remote Areas Globally 
     3.4.2 Advanced imaging and telemedicine technology to boost patient assessment, and thereby the global market
3.5 Market Attractiveness Analysis– Telemedicine Technologies and Services Market, by Geography (2014) (%) 
3.6 Heat Map Analysis, by Key Players, 2014

Chapter 4 Market Segmentation – By Component
4.1 Introduction
4.2 Global Telemedicine Technologies and Services Market Revenue, by Component, (US$ Mn), 2013–2023
4.3 Telemedicine Hardware Market Revenue (US$ Mn), 2013–2023
4.4 Telemedicine Software Market Revenue (US$ Mn), 2013–2023
4.5 Telemedicine Services Market Revenue (US$ Mn), 2013–2023

Chapter 5 Market Segmentation – By End User
5.1 Introduction
5.2 Global Telemedicine Technologies and Services Market Revenue, by End-User, (US$ Mn), 2013–2023
5.3 Telehospital and Teleclinics Market Revenue (US$ Mn), 2013–2023
5.4 Telehomes Market Revenue (US$ Mn), 2013–2023

Chapter 6 Market Segmentation – By Geography
6.1 Introduction
6.2 Global Telemedicine Technologies and Services Market Revenue, by Geography, (US$ Mn), 2013–2023
6.3 North America Telemedicine Technologies and Services Market Revenue, by Country, (US$ Mn), 2013–2023
     6.3.1 U.S.
     6.3.2 Canada
6.4 Europe Telemedicine Technologies and Services Market Revenue, by Country, (US$ Mn), 2013–2023
     6.4.1 Germany
     6.4.2 France
     6.4.3 Rest of Europe
6.5 Asia Pacific Telemedicine Technologies and Services Market Revenue, by Country, (US$ Mn), 2013–2023
     6.5.1 China
     6.5.2 Japan
     6.5.3 Australia
     6.5.4 Rest of APAC
6.6 LATAM Telemedicine Technologies and Services Market Revenue, by Country, (US$ Mn), 2013–2023
     6.6.1 Brazil
     6.6.2 Rest of LATAM
6.7 MEA Telemedicine Technologies and Services Market Revenue, by Country, (US$ Mn), 2013–2023
     6.7.1 Saudi Arabia
     6.7.2 Rest of MEA

Chapter 7 Recommendations
7.1 Adoption of New Business Model
7.2 Investment in emerging economies such as India and China

Chapter 8 Company Profiles
8.1 Aerotel Medical Systems Ltd
     8.1.1 Company Overview
     8.1.2 Product Portfolio
     8.1.3 Business Strategies
     8.1.4 Recent Developments
     8.1.5 Financial Overview

***** Similar analysis has been provided for below mentioned public companies

8.2 AMD Global Telemedicine, Inc. 
8.3 F.Hoffmann-La Roche Ltd.
8.4 General Electric Company
8.5 GlobalMedia Group LLC
8.6 Honeywell International, Inc.
8.7 LifeWatch AG
8.8 McKESSON CORPORATION
8.9 Medtronic plc
8.10 OBS Medical Ltd.
8.11 Philips Healthcare

List of Figures
 
Figure 1 Global Telemedicine Technologies and Services Market Share, by Geography, 2014 (Value %)
Figure 2 Global Telemedicine Technologies and Services Market Share, by Geography, 2023     (Value %)
Figure 3 Global Telemedicine Technologies and Services Market, by Component, (US$   Mn), 2014
Figure 4 Global Telemedicine Technologies and Services Market: Market Attractiveness    Analysis, by Geography, 2014
Figure 5 Heat Map Analysis by Key Players, 2014
Figure 6 Global Telehospital and Teleclinics Market Revenue, 2013–2023 (US$ Mn)
Figure 7 Global Telehomes Market Revenue, 2013–2023 (US$ Mn)
Figure 8 F. Hoffmann-La Roche Ltd.., Annual Revenue, 2012–2014 (US$ Mn)
Figure 9 General Electric Company, Annual Revenue, 2012–2014 (US$ Mn)
Figure 10 Honeywell International, Inc., Annual Revenue, 2012–2014 (US$ Mn)
Figure 11 LifeWatch AG, Annual Revenue, 2012–2014 (US$ Mn)
Figure 12 McKESSON CORPORATION, Annual Revenue, 2012–2014 (US$ Mn)
Figure 13 Medtronic plc, Annual Revenue, 2012–2014 (US$ Mn)

List of Tables

Table 1 Telemedicine Technologies and Services Market Snapshot: 2014
Table 2  Global Telemedicine Technologies and Services Market Revenue, by Component,    (US$ Mn), 2013–2023 
Table 3  Global Telemedicine Hardware Market Revenue, by Type, (US$ Mn), 2013–2023
Table 4  Global Telemedicine Software Market Revenue, by Type, (US$ Mn), 2013–2023
Table 5  Global Telemedicine Services Market Revenue, by Type, (US$ Mn), 2013–2023
Table 6  Global Telemedicine Technologies and Services Market Revenue, by End-User, (US$ Mn), 2013–2023
Table 7  Global Telemedicine Technologies and Services Market Revenue, by Geography, (US$ Mn), 2013–2023
Table 8  North America Telemedicine Technologies and Services Market Revenue, by Country, (US$ Mn), 2013–2023
Table 9  North America Telemedicine Technologies and Services Market Revenue, by End-User, (US$ Mn), 2013–2023
Table 10  North America Telemedicine Technologies and Services Market Revenue, by Component, (US$ Mn), 2013–2023
Table 11  Europe Telemedicine Technologies and Services Market Revenue, by Country, (US$ Mn), 2013–2023
Table 12  Europe Telemedicine Technologies and Services Market Revenue, by End-User, (US$ Mn), 2013–2023
Table 13  Europe Telemedicine Technologies and Services Market Revenue, by Component, (US$ Mn), 2013–2023
Table 14  Asia Pacific Telemedicine Technologies and Services Market Revenue, by Country, (US$ Mn), 2013–2023
Table 15  Asia Pacific Telemedicine Technologies and Services Market Revenue, by End-User, (US$ Mn), 2013–2023
Table 16  Asia Pacific Telemedicine Technologies and Services Market Revenue, by Component, (US$ Mn), 2013–2023
Table 17  Latin America Telemedicine Technologies and Services Market Revenue, by Country, (US$ Mn), 2013–2023
Table 18  Latin America Telemedicine Technologies and Services Market Revenue, by End-User, (US$ Mn), 2013–2023
Table 19  Latin America Telemedicine Technologies and Services Market Revenue, by Component, (US$ Mn), 2013–2023
Table 20  Middle East & Africa Telemedicine Technologies and Services Market Revenue, by Country, (US$ Mn), 2013–2023
Table 21  Middle East & Africa Telemedicine Technologies and Services Market Revenue, by End-User, (US$ Mn), 2013–2023
Table 22  Middle East & Africa Telemedicine Technologies and Services Market Revenue, by Component, (US$ Mn), 2013–2023

Telemedicine is the union of health care and telecommunication/information technology aimed at providing assistance to individuals in remote areas, inaccessible to health care centers in times of need. Critical care and emergency situations are the primary areas for which telemedicine evolved in practice. The healthcare industry has always been one of the most lucrative, yet steadily growing, industries in the global market. The requirement of healthcare is termed as critical and crucial to the sustenance of life, hence considered an important industry. The overall telemedicine technology has already created a positive impact in the developed regions. However, regional governments in the developing nations have expressed their approval and support to the technology that helps save lives and uplift the global standard of health.   

This report provides in-depth analysis of the global telemedicine technologies and services market. The stakeholders for this report include companies involved in the manufacture of telemedicine component, provide telemedicine services to the hospitals and homes, suppliers and new entrants planning to invest in this market. For providing a snapshot of this market to the stakeholders, executive summary section is included in this report, which summarizes the market size, trends and competition for different telemedicine component and services in five major regions. 

The market overview section of this report analyzes market dynamics such as drivers, restraints and opportunities that influence the telemedicine technologies and services market in the current and future scenario. Heat map among the market players is analyzed to signify the presence of market players in the relevant (hardware, software, service) segment of the market. All these factors will help the market players to decide about the business strategies and plans to be incurred in future for strengthening their position in the global market. 

The telemedicine technologies and services market by component has been segmented as hardware, software and services. Telemedicine hardware involves collection of physical parts and assemble into a proper telemedicine system. The hardware segment has been categorized into videoconferencing unit, imaging unit, vital signs unit, ECG, and others. Integrated and stand alone are the type of software in the telemedicine technologies and services market. The global telemedicine services market has been segmented as interactive, store and transfer and chronic care. Based on end-user, the global telemedicine technologies and services market has been segmented into telehospital/teleclinic and telehomes. 

Geographically, the telemedicine technologies and services market has been differentiated into five major regions: North America, Europe, Asia Pacific, Latin America and the Middle East & Africa. Moreover, analysis for the major countries comprising U.S. Canada, Germany, France, Japan China, India, Australia, Brazil, and Saudi Arabia have also been provided in the report. 

The report provides market estimation of telemedicine technologies and services in terms of revenue (US$ Mn) for all the segments and sub segments with CAGR % for period 2015 to 2023, considering 2014 as the base year. The report also provides heat map analysis of the key players operating in the market on basis of their products and services offered globally. The report also provide market attractiveness analysis by geography that depicts the most attractive regions in the global market during the forecast period from 2015 to 2023. 

This report also includes recommendations section that will assist new companies in establishing their presence and market players in expanding their market share in the telemedicine technologies and services market. The report concludes with the company profile section which includes company overview, financial overview, product portfolio, business strategies and recent developments for market players. The major players that are profiled in the report include Aerotel Medical Systems Ltd., AMD Global Telemedicine, Inc., General Electric Company, Honeywell International, Inc. and LifeWatch AG

The global telemedicine technologies and services is segmented into the following categories:

Global Telemedicine Technologies and Services Market, by Component

  • Hardware
    • Videoconferencing Unit
    • Imaging Unit
    • Vital Sign Unit
    • ECG
    • Others
  • Software
    • Integrated
    • Standalone
  • Service
    • Interactive
    • Store and Transfer
    • Chronic Care Management

Global Telemedicine Technologies and Services Market, by End-User

  • Telehospital
  • Telehome

Global Telemedicine Technologies and Services Market, by Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Australia
    • Rest of APAC
  • Latin America
    • Brazil
    • Rest of LATAM
  • Middle East & Africa
    • Saudi Arabia
    • Rest of MEA


 
 
Back To Top