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Monday, 15 June 2015

Telemedicine market in BRIC to grow at a CAGR of 16.14% over the period 2014-2019

About telemedicine

Telemedicine is defined as the application of telecommunication technology to provide clinical healthcare to patients, particularly in remote patient care. There are various technologies and devices such as cameras, internet, satellites, and wireless communication that are used to provide telemedicine services, for instance, videoconferencing. Telemedicine provides clinical care services mainly through two technologies: pre-captured and real-time. Telemedicine helps eliminate distance barriers and improves access to medical services that would often not be easily accessible in rural areas. Moreover, it helps save lives in critical care and emergency situations.

Technavio’s analysts forecast the telemedicine market in BRIC to grow at a CAGR of 16.14% over the period 2014-2019.

Covered in this report

This report covers the present scenario and the growth prospects of the telemedicine market in BRIC for the period 2015-2019. To calculate the market size, the report considers the revenue generated from the sales of various equipment used as a part of telemedicine system. The market can be divided into two segments based on the following: technology and services.

Technavio’s report, the Telemedicine Market in BRIC 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the telemedicine market in BRIC and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key vendors
AMD Global Telemedicine
Honeywell HomMed
Philips Healthcare
Market driver
Need for healthcare in rural areas
For a full, detailed list, view our report

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Market challenge
Low data security
For a full, detailed list, view our report
Market trend
Increase in government support
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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