London, UK -- (SBWire) -- 08/13/2018 --Regulatory anxieties and the possibility of legal liability are impeding the global healthcare industry's adoption of telemedicine, but the global market for telemedicine technology will still grow at nearly 20% year on year to 2022, a new report from The Business Research Company, Global Telemedicine Technology Strategies and Opportunities To 2022 , shows.

Healthcare providers like hospitals, clinics and primary health care centers are concerned that they will be held legally accountable for the treatment of patients at remote sites. Again, there are industry privacy and security concerns, which have only multiplied, particularly in the USA, given recent changes in its Health Insurance Portability and Accountability Act (HIPAA). These modifications enlarged the scope of HIPAA coverage to include telemedicine companies, increased the maximum penalty for negligence, strengthened data breach announcement requirements, and provided new necessities on how patient information can be used for fundraising and marketing. Regulations like these are major reasons why hospitals choose core laboratory testing over telemedicine applications.

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Despite such restraints, the factors driving the telemedicine technology market are powerful and sufficient to lead to a remarkable rate of growth. They include the need to expand healthcare services, particularly to meet the demand arising from chronic illness as populations age, and a global shortage of healthcare professionals, especially in remote and rural areas.

Telemedicine technology consists of the technological hardware and software and associated services provided by technology companies for use in telemedicine. Examples include universal collaboration servers, virtualization management, resource management, recording and streaming, open API's and remote access technologies, desktop video and voice products, software and infrastructure and virtual versions of infrastructure components, immersive studio systems, cameras delivering the highest video quality, surgical robots and software for audio endpoints.

The Business Research Company's Global Market Opportunities And Strategies To 2022 are a new type of industry report that provide a market overview, analysis and forecasts of market size and industry statistics, market growth rates, market trends, market drivers, market restraints, market revenues, market shares and company profiles of the leading competitors in over 300 industry reports, covering over 2400 market segments and 60 geographies. The industry reports draw on 150,000 datasets. Extensive secondary research is augmented with exclusive insights and quotations from industry leaders obtained through interviews. Market analysis and forecasts are provided by a highly experienced and expert team of analysts and modellers.

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Read Telemedicine Technologies Global Opportunities And Strategies To 2022 from The Business Research Company for information on the following:

Markets Covered: Hardware and software, and associated service markets for telemedicine, tele-home, tele-hospital, tele-radiology, tele-consultation, tele-monitoring, tele-surgery and other telemedicine.
Data Segmentations: Telemedicine technology global and regional total market size and growth rates; tele-home, tele-hospital, tele-radiology, tele-consulting, tele-monitoring, tele-surgery and other telemedicine 2014-22.
Telemedicine Technologies Organizations Covered: Aerotel Medical Systems, Cerner Corporation, AMD Telemedicine, GE Healthcare (Subsidiary of GE), Polycom Inc., Honeywell Life Care Solutions.
Regions: North America, Europe, Asia Pacific, ROW (Rest of world)
Time Series: 2014-16 actuals, 2017 estimates, 2018-22 forecasts.
Other Information And Analyses: Porter's Five Forces Model for the telemedicine technology market, market drivers, market challenges; company overviews, business strategies, financial overviews, products and services, recent developments, and key executives for six leading telemedicine technology manufacturers.
Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.
Number of Pages: 72
Number of Figures: 23
Number of Tables: 30

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