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German Telemedicine Market is Expected to Grow at a CAGR of 16.9% During the Forecast Period - P&S Intelligence
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The European telemedicine market is growing mainly due to the growing aging population, increasing prevalence of chronic diseases and growing demand for home treatment. Among the countries of the European region, the German telemedicine industry is expected to grow at a CAGR of 16.9% during the forecast period and reach $5.2 billion by 2022.
Healthcare industry is filled with innovative technologies designed to improve outcomes, increase operational efficiency and expand access to health services. The deployments of telemedicine services have significantly changed the healthcare services due to various technological innovation in the field of medical device and services. It has helped healthcare providers to attend several patients remotely at the same time with unified collaborative communication solutions.
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Telemedicine technology is mounting with integrated home-healthcare, connected and telemedicine platforms. For instance, SnapMD’s Connected Care platform allows healthcare systems to easily and cost effectively extends their care models to include the virtual visit, while maintaining continuity of care.
Some of the key players operating in the telemedicine market include LifeWatch AG, Aerotel Medical Systems Ltd., InTouch Technologies Inc., AMD Global Telemedicine Inc., OBS Medical Ltd., Cisco Systems Inc., Cerner Corporation, Allscripts Healthcare Solutions, Inc., McKesson Corporation, Honeywell Life Care Solutions, Koninklijke Philips N.V., BioTelemetry Inc., Medtronic PLC, Polycom Inc., and General Electric Company.
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GLOBAL TELEMEDICINE MARKET SEGMENTATION
By Specialty
• Dermatology
• Neurology
• Gynecology
• Orthopedic
• Cardiology
• Others
By Service
• Tele-Consulting
• Tele-Monitoring
• Tele-Education
• Tele-Training
• Others
By End User
• Tele-Hospital and Clinic
• Tele-Home
By Geography
• North America
• Europe
• Asia
• Rest of the World (RoW)
About P&S Intelligence
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
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