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Published on : Mar 23, 2017

ALBANY, NY, March 23, 2017: Grappling with spiking chronic conditions and dearth of healthcare professionals, the global healthcare industry has turned to telehealth for solutions. Telehealth leverages electronic information and telecommunications technologies to facilitate virtual health care. Some such technologies are videoconferencing, store-and-forward imaging, the internet, and streaming media, among others. 

A report added by ResearchMoz.us, titled, “Global Tele-Health Monitoring Market Professional Survey Report 2017,” provides essential information on the market that include the current competitive dynamics and possible growth trajectory. The report begins by providing a description of telehealth monitoring and then goes on to classify the market into external remote patient monitoring devices and implantable remote patient monitoring devices. Based on applications again, it divides the market into home, hospital, and clinic. 

Geography-wise, the key segments of the market, as per the report are Southeast Asia, North America, Japan, China, India, and Europe. North America, among them, is a key market that is trailed by Europe. Going forward too, North America, powered by the U.S., which is home to a substantial number of elderly people and patients afflicted with chronic maladies, will witness healthy growth to remain a dominant player. Propelling the market in Japan is a sizeable proportion of elderly population and ICT fund favoring the uptake of HCIT solutions. Initiatives promoting telepathology is responsible for the market’s growth in China, while in India the factors boosting growth are low doctor-patient ratio, strong internet penetration, and an expanding healthcare industry.

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Some of the factors fuelling growth in the global telehealth monitoring market are a burgeoning geriatric population, increasing instances of chronic diseases, insufficient healthcare professionals worldwide, better telecommunication infrastructure on account of technological progress, popularity of connected devices, and demand for affordable treatment. Posing a roadblock to the growth in the market is the absence of appropriate methods to reimburse physicians.

The report furnishes important figures on the global tele-health monitoring market such as the current sales volume and consumption volume. It provides a list of distributers operating in the market along with their contact information. To assess the competition prevailing in the market, the report profiles important players such as CAS Medical Systems, Biotronik SE & Co. KG, GE Healthcare, Boston Scientific Corporation, Mindray Medical, CONTEC MEDICAL, Guangdong Biolight Meditech, Dragerwerk, Philips Healthcare, St. Jude Medical, Inc., Medtronic, Inc., and Nihon Kohden.

It throws light on their product offerings in the two categories of external remote patient monitoring devices and implantable remote patient monitoring devices. After a thorough study, it also brings to the fore their sales volume, revenues, and market shares. The report presents information on the trade pattern and supply chain in the global telehealth monitoring market. It provides an analysis of consumers too, to help companies spot opportunities.

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