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Europe Telehealth Market Industry Analysis, Market Size, Share, Trends, Application, Growth with top key vendors like GE Healthcare, Honeywell Life Care Solutions, McKesson Corporation, Ergotron and Forecast to 2024
Press release from: Data Bridge Market Research
Over the years, thanks to technological advancement, there has been a number of technological and communications tools that have been implemented to enable the transfer of patient’s information for recommendations and consultations across almost every medical environment and specialty. Telehealth has also been able to provide remote monitoring of the patient, consumer health communication and information and medical education for providers. Typically, delivery techniques include: networked programs that link tertiary medical centers to outlying centers and clinics in rural areas, home phone-video connections, point-to-point connection to hospitals and clinics, web-based e-health service pages and home monitoring links.
The Europe Telehealth Market has accounted for USD 3.1 billion in 2016 and is expected to reach USD 18.3 billion by 2024, growing at a CAGR of 24.6% in the forecast period 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Europe Telehealth Market, By Hardware (Telehealth Monitors, Monitoring Devices), By Software (Standalone, Integrated), By Services (Remote, Real Time, Store and Send), By Deployment (Web Based, Cloud Based, On Premise), By End-User (Healthcare Payers, Healthcare Providers, Patients), By Country (Germany, France, U.K., Spain, Italy, Russia, Turkey, Switzerland, Netherlands, Belgium, Rest of Europe) – Industry Trends and Forecast to 2024
Frequently Asked Questions?
• What will the market size be in 2024?
• What are the key factors driving the European market?
• What are the challenges to market growth?
• Who are the key players in the market?
• What are the market opportunities and threats faced by the key players?
• What will be the growth rate in 2024?
• Which strategies are used by top players in the Europe Telehealth Market?
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By hardware, is categorized into
• telehealth monitors
• monitoring devices
The monitoring devices sub segment is further classified by device type into
• blood pressure meters,
• blood glucose meters,
• weight scale,
• pulse oximeters,
• peak flow meters,
• ECG monitors
The software market is further segmented into integrated and standalone software. The services market is further segmented into remote monitoring, real-time, and store and send.
Based on deployment, the market is categorized into
• on premise,
The market by end user is segmented into
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Based on geography the market is segmented into 11 countries,
• Switzerland and rest of Europe
Belgium and rest of Europe. Germany is expected to dominate the European telehealth market due to the massive healthcare expenditure and paradigm shift towards more efficient continuous healthcare monitoring.
Major Market Competitors
Some of the major players of the Europe Telehealth Market
• Philips Healthcare
• Cerner Corporation,
• GE Healthcare,
• Honeywell Life Care Solutions,
• McKesson Corporation,
• Ergotron, Inc.,
• Medtronic, Inc.,
• The Medvivo Group,
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This release was published on openPR.
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