Video Telemedicine Market Is Expected to Grow Globaly at a CAGR of 16.5% in the Forecast Period from 2014 to 2020: Transparency Market Research
Transparency Market Research has announced the addition of the "Video Telemedicine Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020" report to their offering.
Albany, NY -- (SBWire) -- 04/06/2015 --Telemedicine is the evolved format of traditional medicine that provides medical care to individuals worldwide with the benefits of cost efficiency and convenience of location. With the advent of communication technology to the medical sciences, telemedicine gives the patient newer possibilities to obtain a healthier lifestyle which thereby increases their healthcare coverage and patient satisfaction. Patients are no longer subjected to travel or waiting periods and could seek medical attention in the comfort of their homes. This greatly changed the perception of medical practice which has created a revolution in the U.S with the Federal Healthcare now supporting online medical prescriptions across the country for patients with an existing condition.
This research report provides a detailed analysis of the global video telemedicine market and helps in understanding the various driving factors for the growth of the market. The market overview section analyzes market dynamics and trends such as drivers, restraints and opportunities that influence the current nature and future status of the market. Event impact analysis and other market factors such as market attractiveness analysis, Porter's five forces analysis and heat map analysis have also been explained in the market overview section of the report in order to deliver a thorough analysis of the overall competitive scenario of the global video telemedicine market. The executive summary provides detailed insights about the report and the market in general. It also contains a market snapshot, which provides a glimpse into the present scenario of the global telemedicine market.
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The global video telemedicine market has been segmented based on communication technologies, applications and geography. By communication technologies, the market has been further segmented into 3G (GSM, CDMA, Others), 4G (LTE, WiMax, Others), IP Mutimedia core network Subsystem (IMS), Satellite Communications, Asymmetric Digital Subscriber Line (ADSL), Broadband ISDN (Integrated Services Digital Network), Asynchronous Transfer Mode (ATM). We have provided market size estimates and forecasts for the period from 2012 to 2020 for each of the communication technology segment mentioned above in terms of USD million, considering 2013 as the base year for calculating market forecast and 2012 as the historical year. The CAGR (%) of each market segment for the forecast period from 2014 to 2020 has also been provided along with market size estimations.
Based on applications, the market has been segmented into dermatology, cardiology, gynecology, neurology, orthopedics, oncology, pathology, radiology and dentistry. Market size estimates and forecasts for the period from 2012 to 2020 have been provided for each of the segments mentioned above in terms of USD million, considering 2013 as the base year for calculating market forecast and 2012 as the historical year. The CAGR (%) of each market segment for the forecast period from 2014 to 2020 has also been provided along with market size estimations.
Geographically, the global video telemedicine market has been segmented into four major regions: North America, Europe, Asia Pacific and Rest of World (RoW), with Russia being included in RoW. Every region is further segregated into device manufacturers, system integrators and network solution providers. The market size estimations and forecasts for the period from 2012 to 2020 have been provided for each of these regions at a segment level, in terms of USD million along with the CAGR for the forecast period from 2014 to 2020. This study further offers market recommendations for the global video telemedicine market. These include factors that could play a critical role in enhancing or boosting the market in the near future, as well as steps manufacturers or service providers need to consider to ensure success.
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The report concludes with the company profiles section and includes key information about the major players that are active in the market. The company profiles include company overview, financial overview, business strategies, recent developments and product portfolio. Company profiles have been segregated into device manufacturers, system integrators and network solution providers. Device manufacturers include Logitech International S.A., Sony Corporation, Siemens AG, and AMD Global Telemedicine. System integrators include GlobalMed, Inc.; Polycom, Inc.; VSee, Lab Inc.; LifeSize Communications, Inc.; Vidyo, Inc.; VTel, Inc. and Premiere Global Services, Inc. Network solution providers include Cisco Systems, Inc., Huawei Technologies Co. Ltd, and ZTE Corporation.
The global video telemedicine market is segmented as follows:
Global Video Telemedicine Market, by Communication Technology
- 3G (GSM, CDMA, Others)
- 4G (LTE, WiMax, Others)
- Satellite Communication
- ADSL (Asymmetric digital subscriber line)
- Broadband ISDN (Integrated Services Digital Network)
Global Video Telemedicine Market, by Application
- Neurology & Psychiatry
Global Video Telemedicine Market, by Geography
- North America
- Device Manufacturers
- System Integrators
- Network Solution Provider
- Asia Pacific
- Rest of the World (RoW)
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