Free Submission Public Relations & NewsPR-inside.com
Home
Deutsch English

Finance
Global Telemedicine Market 2012-2016

Global telemedicine market: 19% CAGR growth expected between 2012-2016


Print article Print article
© companiesandmarkets.com

companiesandmarkets.com
companiesandmarkets.com
2014-02-12 04:26:03 - Global Telemedicine Market 2012-2016 - a new market research report on companiesandmarkets.com

The Global Telemedicine market is to grow at a CAGR of 18.9 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increased remote monitoring of patients. The Global Telemedicine market has also been witnessing an increase in the number of strategic partnerships among vendors. However, the lack of common standards could pose a challenge to the growth of this market.

One of the significant trends in this market is that its major players are focusing on R&D activities to launch innovative products and services. For instance, in 2008, Siemens Healthcare introduced the ARTISTE Solution, and Mennen Medical introduced the VitaLogik 4000 Series Patient Monitor. Other vendors have also been developing innovative products to

 

 

increase product quality. RTX Healthcare, for instance, introduced a new wireless telehealth monitor, and Cardiac Science introduced Quinton Q-Tel RMS 3.0 in May 2007. Further, SHL Group Ltd. introduced the Advanced ECG Transmission Device, Honeywell introduced Telehealth Ecosystem in October 2007, and TeleVital launched a telemedicine service.

One of the main drivers is the increased adoption of remote patient monitoring worldwide. Remote monitoring of patients through telemedicine is rapidly gaining acceptance in the EMEA region, where the number of people over 65 years of age are the highest in the world. Moreover, the Global Telemedicine market is experiencing a significant increase in the number of federal grants offered in the US.

One of the major challenges in the market is the high cost of telemedicine technology. The rapid emergence of mHealth applications, diagnosis through medical images, telecare assistance for patients, and other expensive telemedicine technologies has increased the cost of telemedicine software and services.

The key vendors dominating this space include Agfa-Gevaert NV, AMD Global Telemedicine Inc., Honeywell HomMed LLC, and Philips Healthcare. The other vendors mentioned in the report are Alcatel-Lucent, Cisco, American Telecare Inc., Cybernet Medical Corp., Lifesize Communications, Lifewatch AG, Polycom Inc., Robert Bosch Healthcare, Sony Corp., SHL Telemedicine Ltd., Vamstec, Viterion Telehealthcare, and Zydacron.

Click for report details: www.companiesandmarkets.com/Market/Healthcare-and-Medical/Market ..

Browse all Healthcare and Medical Market Research Reports www.companiesandmarkets.com/Market/Healthcare-and-Medical/Market ..

Browse all Healthcare and Medical Company Profile Reports www.companiesandmarkets.com/Market/Healthcare-and-Medical/Compan ..

Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..

About Us
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.


Author:
Mike King
e-mail
Web: www.companiesandmarkets.com
Phone: London: +44 (0) 203 086 8600

Disclaimer: If you have any questions regarding information in these press releases please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims contents contained in this release.
Latest News
Read the Latest News
www.newsenvoy.com

 


Terms & Conditions | Privacy | About us | Contact PR-inside.com