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Telemedicine Market Witnessing Significant Growth in Europe

08-30-2011 09:00 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Technavio

Telemedicine Market Witnessing Significant Growth in Europe

London, UK, August 29, 2011 -- A recently released report by Technavio, specialists in emerging technologies market research, reveals that the Global Telemedicine market is expected to grow at a CAGR of 19 percent.

The report, which covers the Americas as well as the EMEA and APAC regions, indicates that the market is being driven by the growth opportunities in Europe.

According to Technavio’s industry analyst, “Though the United States has been dominating the Global Telemedicine market, Europe and developing nations are rapidly catching up. This shift is occurring mainly of the increase in the number of patients with chronic diseases and the increasing availability of online healthcare services.”

The report also highlights that the lack of standardized classifications is hindering the growth of this market. However, the increase in remote monitoring of patients is expected to keep driving the market. The market is also being boosted by the increase in telesurgery.

These are just some of the important findings presented in the report that will enable companies to fully understand the potential in this market and formulate their own strategies.

Technavio’s report, Global Telemedicine market 2010–2014, is based on extensive research conducted with industry experts, vendors, and end-users. It examines the key trends, drivers, and challenges impacting the evolution of this market. The report also contains incisive insights and SWOT analyses regarding the key vendors in this market, including Philips Healthcare, Agfa Healthcare, Honeywell HomMed, and AMD Telemedicine Inc.

For further information and to obtain your copy of this report, please visit http://technavio.com/content/global-telemedicine-market-2010-2014. Follow us on Twitter: @technavio for daily updates.

About Technavio

Technavio is the research platform of Infiniti Research.

Infiniti Research provides actionable market, strategic, competitive and customer intelligence to leading companies worldwide. A team of 120 analysts with specialization in different sectors, conduct research in more than 50 countries (including all OECD and extended BRIC countries), and in more than 20 languages (including French, German, Mandarin, Japanese, Korean, Spanish, Portuguese and Hindi).

Technavio reports are based on a robust research model with critical insights from industry experts. Technavio focuses on niche and emerging technologies.

Technavio Interactive is a dynamic web-based portal which enables instant access to our 800+ Technavio reports. The platform is designed to ensure fast search and easy navigation of our database.

Media Contact:
Ludmila Berkesova
Program Manager
Technavio
8 Wimpole Street
W1G 9SP London UK
Tel: +44 (0) 20 7291 0880
Fax: +44 (0) 84 5280 2825
ludmila@technavio.com
http://www.technavio.com

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