Europe Telehealth/telemedicine Market Study and Professional in-Depth Industry Analysis and Germany is expected to dominate the European telehealth market Till 2024

Telehealth/Telemedicine is the use of medical information exchanged from one site to another via electronic communications to improve a patient’s clinical health status” telehealth is the use of telecommunications technologies to deliver health-related services and information that support patient care, administrative activities, and health education”

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

Market Analysis

The Europe Telehealth Market has accounted for USD XX billion in 2016 and is expected to reach USD XX billion by 2024, growing at a CAGR of XX 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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Benefits of telehealth

Patients can expect better outcomes because they have faster access to specialists who can apply higher standards of care when evaluating them for various illnesses or other health conditions.

Unnecessary admissions and readmissions are reduced with the help of remote consultations and monitoring, allowing patients to manage health conditions more effectively at home.

Remote specialists can often determine if a patient absolutely needs to be moved to another facility or if they can stay where they are, allowing them to stay close to their personal support network

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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Major Market Competitors

Some of the major players of the Europe Telehealth Market

• Honeywell Life Care Solutions,
• McKesson Corporation,
• Ergotron, Inc.,
• Medtronic, Inc.,
• Philips Healthcare
• Cerner Corporation,
• GE Healthcare,
• InstaMD,
• The Medvivo Group,

Market Segmentation

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

• web-based,
• on premise,
• cloud-based

The market by end user is segmented into

• providers,
• payers,
• patients

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Based on geography the market is segmented into 11 countries,

• Germany,
• France,
• U.K.,
• Italy,
• Spain,
• Russia,
• Turkey,
• Netherlands,
• Belgium,
• 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.

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This release was published on openPR.