Global Video Telemedicine Market is projected to expand at a steady CAGR over the forecast period 2017-2022
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<strong>Global</strong> <strong>Video</strong> <strong>Telemedicine</strong> <strong>Market</strong> <strong>is</strong><br />
<strong>projected</strong> <strong>to</strong> <strong>expand</strong> <strong>at</strong> a <strong>steady</strong> <strong>CAGR</strong><br />
<strong>over</strong> <strong>the</strong> <strong>forecast</strong> <strong>period</strong> <strong>2017</strong>-<strong>2022</strong><br />
The L<strong>at</strong>est Comprehensive Industry research study titled, <strong>Video</strong> <strong>Telemedicine</strong> <strong>Market</strong> by<br />
Technology and Applic<strong>at</strong>ion - <strong>Global</strong> Industry Analys<strong>is</strong> and Forecast <strong>to</strong> 2025” publ<strong>is</strong>hed<br />
by Crystal <strong>Market</strong> Research, st<strong>at</strong>es th<strong>at</strong> <strong>the</strong> video telemedicine market <strong>is</strong> <strong>projected</strong> <strong>to</strong> be<br />
around $3 billion by 2025.<br />
<strong>Telemedicine</strong> refers <strong>to</strong> interactive healthcare facilit<strong>at</strong>ed <strong>over</strong> a d<strong>is</strong>tance using telecommunic<strong>at</strong>ion<br />
and inform<strong>at</strong>ion technology. <strong>Video</strong> telemedicine systems are used for diagnos<strong>is</strong> of p<strong>at</strong>ients loc<strong>at</strong>ed<br />
<strong>at</strong> remote loc<strong>at</strong>ions. These systems transmit medical inform<strong>at</strong>ion in audio, video and graphical form<br />
between two or more sites using video and telecommunic<strong>at</strong>ion technology. <strong>Video</strong> telemedicine can<br />
also be used for remote clinical consult<strong>at</strong>ion between healthcare professionals. <strong>Video</strong> telemedicine<br />
systems can play an important role in training and educ<strong>at</strong>ion of <strong>the</strong> medical staff and in<br />
admin<strong>is</strong>tr<strong>at</strong>ive functions <strong>at</strong> healthcare institutions.<br />
Get sample copy of th<strong>is</strong> Report: https://www.crystalmarketresearch.com/reportsample/HC06121<br />
The components of a video telemedicine system can differ based upon <strong>the</strong> configur<strong>at</strong>ion selected<br />
by <strong>the</strong> buyer. Usually, a telemedicine videoconferencing system compr<strong>is</strong>es of a moni<strong>to</strong>r, a camera,<br />
a codec, user interaction devices such as a mouse, keyboard, input devices such as document<br />
scanners, s<strong>to</strong>rage and output devices including CD-ROM drives and printers among o<strong>the</strong>r such<br />
components. P<strong>at</strong>ient examin<strong>at</strong>ion <strong>is</strong> carried out using instruments such as stethoscopes,<br />
ophthalmoscopes and cameras connected <strong>to</strong> <strong>the</strong> video telemedicine system. A nurse or a technician<br />
oper<strong>at</strong>es <strong>the</strong> instruments in an examin<strong>at</strong>ion room <strong>at</strong> <strong>the</strong> p<strong>at</strong>ients’ end. D<strong>at</strong>a and images are <strong>the</strong>n<br />
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transmitted <strong>to</strong> a physician <strong>at</strong> a remote loc<strong>at</strong>ion for real time analys<strong>is</strong> and interaction with <strong>the</strong><br />
p<strong>at</strong>ient. Such systems enable p<strong>at</strong>ients <strong>to</strong> receive consult<strong>at</strong>ion from d<strong>is</strong>tant experts in situ<strong>at</strong>ions<br />
when one <strong>is</strong> not locally available. Th<strong>is</strong> largely saves <strong>the</strong> time and effort required <strong>to</strong> physically<br />
commute <strong>the</strong> d<strong>is</strong>tance and facilit<strong>at</strong>es diagnos<strong>is</strong> of p<strong>at</strong>ients who are not capable <strong>to</strong> travel due <strong>to</strong><br />
<strong>the</strong>ir severe medical condition. Similarly, seeking second opinion from a d<strong>is</strong>tant expert in such<br />
medical conditions has also become easily possible using <strong>the</strong>se advanced video telemedicine<br />
systems. From a p<strong>at</strong>ient care perspective, <strong>the</strong>se systems are being increasingly used in domains<br />
such as derma<strong>to</strong>logy, wound care, cardiology, neurology, diabetic training, drug screening and<br />
psychi<strong>at</strong>ry. Increasing adoption of video telemedicine <strong>is</strong> being witnessed l<strong>at</strong>ely due <strong>to</strong> <strong>the</strong> r<strong>is</strong>ing<br />
awareness among women about <strong>the</strong> health r<strong>is</strong>ks and <strong>the</strong>ir desire for privacy enabled doc<strong>to</strong>r<br />
consult<strong>at</strong>ions.<br />
Some of <strong>the</strong> key fac<strong>to</strong>rs driving <strong>the</strong> video telemedicine market growth are r<strong>is</strong>ing demand for<br />
accessible healthcare by people residing in remote areas, technological advancements in<br />
telecommunic<strong>at</strong>ion and medical devices, increasing need <strong>to</strong> reduce <strong>the</strong> <strong>over</strong>all expense on<br />
healthcare by <strong>the</strong> p<strong>at</strong>ients. With significant r<strong>is</strong>e in prevalence of geri<strong>at</strong>ric popul<strong>at</strong>ion worldwide,<br />
video telemedicine systems will witness favorable demand in coming years. More<strong>over</strong>, increase in<br />
prevalence of long term chronic d<strong>is</strong>eases such as stroke, Parkinson’s d<strong>is</strong>ease and Alzheimer’s <strong>is</strong><br />
also expected <strong>to</strong> fuel <strong>the</strong> fur<strong>the</strong>r growth of video telemedicine market. Asymmetric digital<br />
subscriber line (ADSL) technology segment accounted for <strong>the</strong> major share of <strong>the</strong> <strong>over</strong>all video<br />
telemedicine market in 2016 whereas 4G technology segment <strong>is</strong> <strong>projected</strong> <strong>to</strong> grow <strong>at</strong> <strong>the</strong> fastest<br />
r<strong>at</strong>e throughout <strong>the</strong> <strong>forecast</strong> <strong>period</strong>. The r<strong>is</strong>ing popularity and demand for 4G technology in order<br />
<strong>to</strong> access high-speed internet connectivity <strong>is</strong> expected <strong>to</strong> boost <strong>the</strong> growth of th<strong>is</strong> segment <strong>over</strong> <strong>the</strong><br />
<strong>forecast</strong> <strong>period</strong>. On <strong>the</strong> bas<strong>is</strong> of applic<strong>at</strong>ions, gynecology segment held a significant share of <strong>the</strong><br />
video telemedicine market in 2016 due <strong>to</strong> increased preference for video telemedicine and r<strong>is</strong>ing<br />
awareness rel<strong>at</strong>ed <strong>to</strong> health r<strong>is</strong>ks among women. However, neurology segment <strong>is</strong> <strong>projected</strong> <strong>to</strong> grow<br />
<strong>to</strong> grow with <strong>the</strong> fastest <strong>CAGR</strong> between <strong>2017</strong> and 2025.<br />
The major players oper<strong>at</strong>ing in <strong>the</strong> global video telemedicine market emphasize on product<br />
development and innov<strong>at</strong>ion <strong>to</strong> enable efficient online p<strong>at</strong>ient–doc<strong>to</strong>r interaction and thus secure a<br />
larger share of <strong>the</strong> <strong>over</strong>all market. Some of <strong>the</strong> key players in <strong>the</strong> global video telemedicine market<br />
are, ZTE Corpor<strong>at</strong>ion, VSee, Vidyo, Inc., Vermont Telephone Company, Inc., Lifesize, Inc.,<br />
<strong>Global</strong>Media Group, LLC. (<strong>Global</strong>Med), Polycom, Inc., Logitech Intern<strong>at</strong>ional S.A., Huawei<br />
Technologies Co., Ltd., Sony Electronics Inc., C<strong>is</strong>co Systems, Inc. and AMD <strong>Global</strong> <strong>Telemedicine</strong>,<br />
Inc.<br />
Make Inquiry about Report: https://www.crystalmarketresearch.com/send-an-enquiry/HC06121<br />
Key Findings of <strong>the</strong> Research Study:<br />
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Asymmetric digital subscriber line (ADSL) segment domin<strong>at</strong>ed <strong>the</strong> global video telemedicine<br />
market in 2016 owing <strong>to</strong> <strong>the</strong> extensive presence of ADSL network as compared <strong>to</strong> o<strong>the</strong>r<br />
technologies.<br />
4G technology segment <strong>is</strong> expected <strong>to</strong> witness tremendous growth throughout <strong>the</strong> <strong>forecast</strong><br />
<strong>period</strong> due <strong>to</strong> <strong>the</strong> rapid shift <strong>to</strong>wards 4G by telecom companies as well as consumers in<br />
order <strong>to</strong> leverage its capability <strong>to</strong> deliver high-speed internet connectivity. The segment <strong>is</strong><br />
expected <strong>to</strong> grow with double-digit <strong>CAGR</strong> between <strong>2017</strong> and 2025.<br />
Gynecology segment held <strong>the</strong> major share of <strong>the</strong> video telemedicine market in 2016<br />
whereas; neurology segment <strong>is</strong> expected <strong>to</strong> exhibit significant growth during <strong>the</strong> <strong>forecast</strong><br />
<strong>period</strong> due <strong>to</strong> increase in incidence of neurological d<strong>is</strong>orders such as Alzheimer’s and<br />
Parkinson’s d<strong>is</strong>ease.
North America domin<strong>at</strong>ed <strong>the</strong> global video telemedicine market in 2016 as a result of<br />
extensive adoption of video telemedicine by healthcare fr<strong>at</strong>ernity as well as <strong>the</strong> p<strong>at</strong>ient<br />
community along with availability of advanced healthcare IT infrastructure in <strong>the</strong> region.<br />
Asia-Pacific video telemedicine market <strong>is</strong> expected <strong>to</strong> witness rapid growth during <strong>the</strong><br />
<strong>forecast</strong> <strong>period</strong> due <strong>to</strong> <strong>the</strong> r<strong>is</strong>ing need for reducing <strong>the</strong> <strong>over</strong>all cost of healthcare and for<br />
enabling healthcare delivery in rural areas.<br />
Key <strong>Market</strong> Players:<br />
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ZTE Corpor<strong>at</strong>ion<br />
VSee<br />
VidyoInc.<br />
Vermont Telephone Company Inc.<br />
Lifesize Inc.<br />
<strong>Global</strong>Media Group<br />
LLC. (<strong>Global</strong>Med)<br />
Polycom Inc.<br />
Logitech Intern<strong>at</strong>ional S.A.<br />
Huawei Technologies Co. Ltd.<br />
Sony Electronics Inc.<br />
C<strong>is</strong>co Systems Inc.<br />
AMD <strong>Global</strong> <strong>Telemedicine</strong> Inc.<br />
Table of content:<br />
1.Introduction<br />
1.1.Report Description<br />
1.2.Research Methodology<br />
2.Executive Summary<br />
2.1.Key Highlights<br />
3.<strong>Market</strong> Overview<br />
4.<strong>Video</strong> <strong>Telemedicine</strong> market, By Technology<br />
4.1.Introduction<br />
4.2.The <strong>Video</strong> <strong>Telemedicine</strong> market Assessment and Forecast, By Technology, 2016-2025<br />
4.3.3G Technology<br />
4.4.4G Technology<br />
4.5.ADSL<br />
5.<strong>Video</strong> <strong>Telemedicine</strong> <strong>Market</strong>, By Applic<strong>at</strong>ion<br />
5.1.Introduction<br />
5.2.<strong>Video</strong> <strong>Telemedicine</strong> market Assessment and Forecast, By Applic<strong>at</strong>ion, 2016-2025<br />
5.3.Cardiology<br />
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5.4.Oncology<br />
5.5.Derma<strong>to</strong>logy<br />
6.<strong>Video</strong> <strong>Telemedicine</strong> <strong>Market</strong>, By Region<br />
7.Company Profiles<br />
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