Video Telemedicine Market - Global Market Estimated to Perceive Accrued Value with a Staggering CAGR During Forecast Period

Video telemedicine for treating patients is important aspects of telemedicine facility, which facilitates reliable quality and clinical efficiency to in-home care, acute care and ambulatory care. Telehealth continue to gain importance in healthcare industry. Patients are realizing the value of virtual care options and substituting it for in-patient care option. Telemedicine extends the healthcare solutions to the rural patients and to the patients living in the remote location areas, which increases accessibility to care at lower costs. Healthcare professionals and independent physicians increasingly use telemedicine application and software services to video conference with patients, when they lack infrastructure for in-house patient care.

Study Report focuses on the top key players of Video Telemedicine Market. Major Key players operating in the video telemedicine market are Huawei technologies Co. Ltd., Polycom Inc., Vidyo Inc., Adobe Systems Incorporated, Cisco Systems, Inc., Avaya Inc., ZTE Corporation, West Corporation and Microsoft Corporation.

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An increasing need for delivering healthcare services to rising geriatric population, growing dearth of physicians and increasing chronic disease incidence facilitates the growth of video telemedicine market. According to the World Health Organization (WHO), around 17.7 million people died from cardiovascular diseases in 2015, representing 31% of all global deaths. Chronic obstructive pulmonary disease (COPD) is a chronic lung disease, accounting for 3 million deaths in 2015, according to the same source. The 2016 Physician Supply and Demand Report, released by Association of American Medical College (AAMC), projects the significant physician shortfall, in the U.S. between 2014 and 2025, which is ranges between 61,700 and 94,700.

However, to generate good future prospects for video telemedicine market, robust network, need of technological expert and necessary communication infrastructure is a critical requirement, and act as restraints in the growth of video telemedicine market, especially in underdeveloped economies.
Video telemedicine to become effective tool as in-person care for Parkinson’s disease

Video Telemedicine Market Taxonomy:

On the basis of deployment, video telemedicine market segmented into:
• On-premise video conferencing
• Cloud-based video conferencing
On the basis of component, video telemedicine market segmented into:
• Hardware
• Software
On the basis of application, video telemedicine market segmented into:
• Oncology
• Cardiology
• Dermatology
• Gynecology
• Dentistry
• Neurology
• Others (Orthopedics, Pathology)
On the basis of communication technologies, video telemedicine market segmented into:
• 3G
• 4G
• ADSL
• Broadband ISDN
• Satellite communication
On the basis of end-user, video telemedicine market segmented into:
• Hospitals
• Clinics
• Home Care services

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