Video Telemedicine Market Industry Growth, Manufacturing 2020 | Huawei technologies Co. Ltd., Polycom, Vidyo

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. Moreover, increasing adaptation of mobile, smartphone and tablet into healthcare IT segment facilitating technology penetration and incorporation of big data to allow more efficient, more effective and improved operational efficiency in telemedicine services, further helps to boost the video telemedicine market, in near future.

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.

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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. Healthcare Information and Management Systems Society (HIMSS) made request in 2017 U.S. Congressional Asks, to pass the Creating Opportunities Now for Necessary and Effective Care Technologies (CONNECT) for Health Act. The act is intended to significantly remove hurdles to telemedicine expansion in Medicare, by allowing more telehealth experiments using alternate payment models and incentive programs. The HIMSS aims to increase funding for broadband expansion in rural areas through this step.

In the market segmentation by manufacturers, the report covers the following companies:

Huawei technologies Co.  Ltd., Polycom Inc., Vidyo Inc., Adobe Systems Incorporated, Cisco Systems, Inc., Avaya Inc., ZTE Corporation, West Corporation and Microsoft Corporation.

Detailed Segmentation:

On the basis of deployment:
On-premise video conferencing
Cloud-based video conferencing

On the basis of component:
Hardware
Software

On the basis of application:
Oncology
Cardiology
Dermatology
Gynecology
Dentistry
Neurology
Others (Orthopedics, Pathology)

On the basis of communication technologies:
3G
4G
ADSL
Broadband ISDN
Satellite communication

Video Telemedicine Market regional analysis includes:

Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia and Australia)

Europe (Turkey, Germany, Russia, United Kingdom, Italy, France, etc.)

North America (United States, Mexico and Canada).

South America (Brazil etc.)

Middle East and Africa (GCC countries and Egypt).

The survey provides answers to the following key questions:

What is the expected growth rate of the Video Telemedicine market? How big will the market be for the forecast period, 2020-2027?

What are the main drivers responsible for transforming the sector's trajectory?

Who are the main suppliers that dominate the Video Telemedicine industry in different regions? What are the winning strategies to stay ahead of the competition?

What are the market trends that entrepreneurs can trust in the coming years?

What are the threats and challenges expected to restrict the progress of the industry in different countries?

What are the main opportunities that business owners can take advantage of for the 2020-2027 forecast period?

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Regional Demand Estimation and Forecast

• Pre-commodity price volatility

• Analysis of technological updates

• Analysis of Location Quotients

• Competitive analysis

• Matrix of product mix

• Supplier management

• Cost-benefit analysis

• Supply chain optimization analysis

• Patent Analysis

• Carbon footprint analysis

• R&D analysis

• Fusions and acquisitions

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