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Telemedicine Market to Expand Bound and Leaps until 2023: CardioNet, CareClix, Cerner Corporation, Cisco, GENERAL ELECTRIC, AMD Global Telemedicine.

05-15-2019 05:18 PM CET | Health & Medicine

Press release from: Worldwide Market Reports 

Telemedicine Market

Telemedicine Market

Telemedicine is the use of telecommunication and information technology to provide clinical health care from a distance. It has been used to overcome distance barriers and to improve access to medical services that would often not be consistently available in distant rural communities. It is also used to save lives in critical care and emergency situations.

Although there were distant precursors to telemedicine, it is essentially a product of 20th century telecommunication and information technologies. These technologies permit communications between patient and medical staff with both convenience and fidelity, as well as the transmission of medical, imaging and health informatics data from one site to another.

Early forms of telemedicine achieved with telephone and radio have been supplemented with videotelephony, advanced diagnostic methods supported by distributed client/server applications, and additionally with telemedical devices to support in-home care.

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Benefits:
Remote patient monitoring through mobile technology can reduce the need for outpatient visits and enable remote prescription verification and drug administration oversight, potentially significantly reducing the overall cost of medical care. It may also be preferable for patients with limited mobility, for example, patients with Parkinson's disease. Telemedicine can also facilitate medical education by allowing workers to observe experts in their fields and share best practices more easily.

Telemedicine also can eliminate the possible transmission of infectious diseases or parasites between patients and medical staff. This is particularly an issue where MRSA is a concern. Additionally, some patients who feel uncomfortable in a doctors office may do better remotely. For example, white coat syndrome may be avoided. Patients who are home-bound and would otherwise require an ambulance to move them to a clinic are also a consideration.

The eminent competitors in the Telemedicine Market are CardioNet, CareClix, Cerner Corporation, Cisco, GENERAL ELECTRIC, AMD Global Telemedicine, Inc., IBM Corporation, Intel Corporation, Koninklijke Philips N.V., Medtronic, SHL Telemedicine, TeleVital, Iris Telehealth, Aerotel Medical Systems.

Telemedicine can be broken into three main categories: store-and-forward, remote patient monitoring and (real-time) interactive services.

Common daily emergency telemedicine is performed by SAMU Regulator Physicians in France, Spain, Chile and Brazil. Aircraft and maritime emergencies are also handled by SAMU centres in Paris, Lisbon and Toulouse.

A recent study identified three major barriers to adoption of telemedicine in emergency and critical care units. They include:

• Regulatory challenges related to the difficulty and cost of obtaining licensure across multiple states, malpractice protection and privileges at multiple facilities
• Lack of acceptance and reimbursement by government payers and some commercial insurance carriers creating a major financial barrier, which places the investment burden squarely upon the hospital or healthcare system.
• Cultural barriers occurring from the lack of desire, or unwillingness, of some physicians to adapt clinical paradigms for telemedicine applications.

The need for better interaction between healthcare providers and patients is one of the main factors motivating the development of the telemedicine market. The mounting implementation of the electronic health record and electronic medical record is projected to spur the progress of the telemedicine market in the upcoming period.

Telemedicine Market Report Highlights:
• The report provides a detailed analysis on current and future market trends to identify the investment opportunities
• Market forecasts till 2023, using estimated market values as the base numbers
• Key market trends across the business segments, Regions and Countries
• Key developments and strategies observed in the market
• Market Dynamics such as Drivers, Restraints, Opportunities and other trends
• In-depth company profiles of key players and upcoming prominent players
• Growth prospects among the emerging nations through 2023
• Market opportunities and recommendations for new investments

Report evaluates the growth rate and the Market value based on Market dynamics, growth inducing factors. The complete knowledge is based on latest industry news, opportunities and trends. The report contains a comprehensive Market analysis and vendor landscape in addition to a SWOT analysis of the key vendors

Reasons to Purchase this Report
1. Identify the current and future prospects of Global Telemedicine market in the developed and emerging markets
2. Analyze various perspectives of the market with the help of Porter’s five forces analysis
3. Information about the growth of the various material, type, and application that are expected to dominate the market
4. Regional and country analysis of the market
5. Identify the latest developments, market shares, and strategies employed by the major market players

Table of Contents
Chapter One Introduction of Saudi Arabia Telemedicine Industry
Chapter Two Manufacturing Technology of Saudi Arabia Telemedicine
Chapter Three Analysis of Global Key Manufacturers
Chapter Four 2013-2018 Global and Chinese Market of Saudi Arabia Telemedicine
Chapter Five Market Status of Saudi Arabia Telemedicine Industry
Chapter Six 2018-2023 Market Forecast of Global and Chinese Saudi Arabia Telemedicine Industry
Chapter Seven Analysis of Saudi Arabia Telemedicine Industry Chain
Chapter Eight Global and Chinese Economic Impact on Saudi Arabia Telemedicine Industry
Chapter Nine Market Dynamics of Saudi Arabia Telemedicine Industry
Chapter Ten Proposals for New Project
Chapter Eleven Research Conclusions of Global and Chinese Saudi Arabia Telemedicine Industry

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About WMR

Worldwide Market Reports is your one-stop repository of detailed and in-depth market research reports compiled by an extensive list of publishers from across the globe. We offer reports across virtually all domains and an exhaustive list of sub-domains under the sun. The in-depth market analysis by some of the most vastly experienced analysts provide our diverse range of clients from across all industries with vital decision making insights to plan and align their market strategies in line with current market trends.

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Worldwide Market Reports
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