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Europe Telemedicine Market 2019 Significant Growth Rate by Industry Size, Share, Market Dynamics, Development Status of Key Players Forecast to 2024

Europe

The “Europe Telemedicine Market” research report 2019 delivers comprehensive information about the market ranging from the establishment to the predictable growth trend. Europe Telemedicine market report provides brief analytical data of the market contenders globally using advanced methodological approaches, such as SWOT analysis, production chain, cost, sales margin, financial details, recent developments. Europe Telemedicine market report also offers market competitors that includes detailed company profiles along with company product specifications.

Market Overview:

  • The major factors responsible for the growth of the European telemedicine market include the changing socio-economic factors, the higher percentage of digitally literate population, when compared to other geographies, and favorable policies. These factors are further expected to drive the growth of the European telemedicine market during the forecast period.
  • The higher percentage of digitally literate population, when compared to other geographies, is driving the overall growth of the market in Europe. According to the data published by the Eurostat, more than four fifths (85%) of all households in the EU-28 had internet access in 2016. Between 2007 and 2016, the proportion of households with dependent children (that had access to the internet) was consistently higher than that for households without dependent children. The gap between households with dependent children and those without continued to grow, and thus, a higher percentage of digital literacy was observed in Europe, when compared to other regions. Due to this increase, the use of telemedicine is easier for people in Europe.
  • In the European Member States, more than four out of every five young people, aged 16-29 years, used a computer on a daily basis, in 2015. There is a 2020 Life Long Learning strategy in Estonia, which has a number of objectives in relation to digital skills, putting in place the infrastructure to ensure all schools have access to technology and internet, as a pre-condition for digital learning.
  • Nevertheless, the rates of internet access continued to increase year-on-year. Moreover, the daily use of internet in 2016 was consistently higher among young people, than it was for the whole population in each of the EU member states. Hence, the increasing use of internet has helped to drive the telemedicine market in Europe.

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    In Europe Telemedicine Market Report, Following Companies Are Covered:

  • Allscripts Healthcare Solutions Inc.
  • BioTelemetry Inc.
  • Honeywell Life Sciences
  • IBM Corporation
  • Koninklijke Philips NV
  • McKesson Corporation
  • Medtronic PLC
  • SHL Telemedicine Ltd

    Europe Telemedicine Market 2019 report will help the industry aspirants in arranging their strategies. The measurements offered in this report will be an exact and helpful manual to shape the business development. Additionally, will Provide historical data along with a future forecast and detailed analysis and also expected opportunities.

    Scope of the Report:

  • As per the , telemedicine refers to the remote diagnosis and treatment of patients with the help of telecommunication technology. Further, various kinds of telemedicine services, along with devices, have been tracked, in order to determine the market size and forecast. The telemedicine services include tele-education, teleconsultation, telemonitoring, teletraining, telecare, telesurgery, and teleconference. The market has been noticing technological developments on a large scale for the past couple of years. Integration of services, such as EMR, picture archiving and communication systems (PACS), telehealth services, RFID, etc., has been gaining increasing importance in Europe.

    Reasons for Buying Europe Telemedicine Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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    Key Market Trends:

    Telemonitoring Segment under Service is Expected to Account for Fastest Growth Rate during the Forecast Period

    The applications of telemonitoring are mainly in treating chronic illnesses, such as cardiopulmonary disease, asthma, and heart failure, at home. Telemonitoring is also a way of responding to the new needs of home care for the aging population. Real-time monitoring of patients in ambulances reduces the time taken to initiate treatment and allows the emergency crew to be better prepared. Telemonitoring moves patient care out of a clinical setting into the patient’s home, by utilizing telecommunication technologies, such as the internet, telephone, or video conferencing, to transmit physiological data and information about current symptoms, from the patient to the healthcare professionals. Telemonitoring programs can be flexible, individually tailored, and have the potential to provide access to specialist care for a larger number of patients, across a much greater geographical region, when compared to usual care. In the future, virtual reality, immersive environments, haptic feedback, and nanotechnology promise new ways of improving the capabilities of telemonitoring. Hence, telemonitoring is expected to help in augmenting the growth of the telemedicine market.

    The Research Document Will Answer Following Questions Such as:

    • What are the cutting-edge technologies responsible for driving the growth of the market?
    • What are the main applications of the market? What are the growth prospects to the market applications into the market?
    • At what stage of development are the key market products?
    • What are the shortcomings that has to face to become commercially viable? Is their growth and commercialization dependent on cost declines or technological/application breakthroughs?
    • What is the outlook for the industry?
    • What difference does performance characteristics of Europe Telemedicine create from those of established entities?

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    Detailed TOC of Europe Telemedicine Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Changing Socio-economic Factors
    4.2.2 Higher Percentage of Digitally Literate Population Compared to Other Geographies
    4.2.3 Favorable Policies
    4.3 Market Restraints
    4.3.1 Lack of Interoperability between eHealth Solutions
    4.3.2 Inadequate or Fragmented Legal Frameworks, including the Lack of Reimbursement Schemes for eHealth Services
    4.4 Porter’s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products and Services
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Service
    5.1.1 Tele-education
    5.1.2 Teleconsultation
    5.1.3 Telemonitoring
    5.1.4 Teletraining
    5.1.5 Telecare
    5.1.6 Telesurgery
    5.1.7 Teleconference
    5.1.8 Other Services
    5.2 By Technology
    5.2.1 Hardware
    5.2.2 Software
    5.2.3 Telecom
    5.3 By Specialty Area
    5.3.1 Cardiology
    5.3.2 Dermatology
    5.3.3 Neurology
    5.3.4 Gynaecology
    5.3.5 Emergency Care
    5.3.6 Internal Medicine
    5.3.7 Orthopedics
    5.3.8 Other Specialty Areas
    5.4 Geography
    5.4.1 Europe
    5.4.1.1 United Kingdom
    5.4.1.2 Germany
    5.4.1.3 France
    5.4.1.4 Italy
    5.4.1.5 Spain
    5.4.1.6 Rest of Europe

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Allscripts Healthcare Solutions Inc.
    6.1.2 BioTelemetry Inc.
    6.1.3 Honeywell Life Sciences
    6.1.4 IBM Corporation
    6.1.5 Koninklijke Philips NV
    6.1.6 McKesson Corporation
    6.1.7 Medtronic PLC
    6.1.8 SHL Telemedicine Ltd

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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