Global Telehealth Market Growth to 2019 Driven by Mobile and Healthcare IT, Says a New Research Report

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Dec 10, 2014, 05:30 ET

DALLAS, December 10, 2014 /PRNewswire/ --

ReportsnReports.com adds Global Telehealth Market 2015-2019 industry research report that forecasts the worldwide Telehealth industry growth at 18.88% CAGR during 2014-2019 and states that the focus on mobile and healthcare IT will drive this growth.

The global telehealth market is set to nearly double in next 5 years thanks to the demand for high-quality healthcare and remote patient monitoring. While all the major players in the market are focusing on R&D to launch innovative products and services, there is also a sense of urgency among vendors regarding the need to improve bandwidth and enhance the reach of mobile health. Complete report on Global Telehealth Market 2015-2019 is available at http://www.reportsnreports.com/reports/320313-global-telehealth-market-2015-2019.html .

Major telehealth market players are focusing on removing cost pressures by reducing fragmentation among healthcare and network providers. They are taking keen interest in developing common guidelines for telehealth services while driving innovation. Vendors are focusing on expanding the Global Mobile Health Market by working in partnership with the telecom and healthcare sectors. In addition, mobile connectivity is expected to emerge as one of the main advantages in telehealth, to be deployed for remote monitoring, medicine compliance, and assisted living facilities for connected patients. With an ever-increasing demand for telehealth services, leading vendors like GE Healthcare, McKesson, Philips Healthcare, and Siemens Healthcare are stressing innovation as the way forward in the healthcare IT infrastructure segment.

This global Telehealth market report covers the present scenario and the growth prospects of the worldwide industry during the period 2015-2019. To calculate the market size, the report considers revenue generated through providing medical services using IT and electronic communication. The applications used for such services include video conferencing, e-mail, smartphones, wireless tools, and other form of telecommunication technology. The Global Telehealth market is also categorized into end-user and application segments. The report consists of a detailed study of the market according to the geographical segments and key leading countries.

Telehealth market companies discussed in this report include GE Healthcare, McKesson, Philips Healthcare Informatics, Siemens Healthcare, Aerotel Medical Systems, Agfa-Gevaert, AMD Telemedicine, Bosch Healthcare, Cardio Net, Honeywell HomMed and Polycom. Order a copy of this research at http://www.reportsnreports.com/Purchase.aspx?name=320313 .

Key questions on telehealth industry answered in this report cover 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?

Telehealth is a medium of communication between patients and doctors. Telehealth enables doctors to stay in touch with their patients, monitor their health, and provide consultation if need arises. It includes the use of telecommunication technology in providing medical services to patients especially in remote areas. It is very helpful for the patients who earlier had to travel miles to visit doctors for even minor health issues. Today, doctors can monitor the patients with the help of telehealth devices that keep them updated with all their health information and are capable of communicating necessary advices to the patients.

The Global Telehealth Market 2015-2019 report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Global Telehealth market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

The report on Tele-Care Medical Equipment: Market Shares, Strategies, and Forecasts, Worldwide, 2013 to 2019 says tele-care equipment units decrease the cost of care delivery while improving the quality of care and the quality of lifestyle available to patients. They have been widely adopted and extremely successful in use by the veterans' administration in the US and by CMS Medicare and Medicaid. Use is anticipated to be extended to a wide variety of care delivery organizations based on this base of installed systems. Healthcare delivery is an increasing concern worldwide. Markets for the carts and associated servers segment of the market at $237.6 million in 2012 are anticipated to reach$3.3 billion by 2019. The advantage of tele-care is that it increases patient compliance. It brings expert medicine into the home and attempts to present it in manner patients can hear. The aim is to improve the delivery of healthcare to clients by performing medical exams remotely and monitoring vital signs to detect changes in patient condition that may indicate the onset of a more serious event, much as nurses in the hospital monitor patient vital signs for the purpose of permitting sophisticated care delivery.

Another report on Telemedicine and M-Health Convergence: Market Shares, Strategies, and Forecasts, Worldwide, 2013 to 2019 says the telemedicine dedicated device and software markets are anticipated to reach $2.9 billion by 2019. M-Health markets related to telemedicine are anticipated to reach $1.5 trillion by 2019 due to the use of 7 billion smart phones and half that many connected tablet devices all over the world. Care delivery is enhanced by having clinicians being responsive to changes in patient condition that we know will lead to further patient deterioration if not treated immediately. A core part of responsible healthcare delivery is to use technology for healthcare reform. There is a focus on how to deliver care differently using telemedicine. No matter who pays for it, the use of telemedicine is anticipated to reduce the overall costs of healthcare delivery. Innovation is a key to achieving improvements. Differential diagnostic tools support differential telemedical treatment. The decision process take into account clinical findings form the home monitoring devices and from symptoms verbally communicated in a clinical services implementation. Complete research is available at http://www.reportsnreports.com/reports/268227-telemedicine-and-m-health-convergence-market-shares-strategies-and-forecasts-worldwide-2013-to-2019.html .

Explore more reports on healthcare market and other newly published research by Technavio / Infiniti Research Limited at http://www.reportsnreports.com/publisher/infiniti-research-limited/ .

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