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Global Telemedicine Cart & Systems Market Overview With COVID 19 Impact Analysis on Key Players: GlobalMed, Polycom, Rubbermaid Healthcare, Ergotron, Cisco Systems, AVTEQ, Lifebot, AMD, Avizia,
Telemedicine Carts & Systems
Research studies use the analysis of the different types of information contained in the survey to analyze Telemedicine Cart & Systems at the global, regional, and national levels. The main strategies seen by Telemedicine Cart & Systems companies in recent years are diversification, application expansion, and investment in new markets.
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Telemedicine is the virtual healing method that provides healthcare to patients at a distance. This includes video consultations, digital transmission of remote medical diagnosis, and medical imaging. Telemedicine carts are systems that integrate displays, cameras, and network access to bring remote physicians right to the side of the patient. The global telemedicine cart & systems market was valued at US$ 74 million in 2018 and is expected to reach US$ 201 million by 2024.
In terms of geography, the global telemedicine cart & system market is divided into six regions, such as North America, Europe, Asia Pacific, Middle East, Africa, and South America.
Easy remote consultation is the major driving factor responsible to aid the global telemedicine cart & systems market. For instance, in March 2020, ICUcare leveraged remote doctors and Telemedicine to Manage Coronavirus Deluge with the help of hospitals fast-track remote technology. Moreover, lightweight and maneuverability systems in telemedicine application help in the global telemedicine cart & systems market growth. For instance, in January 2019, American Well developed a new acute care telemedicine cart for virtual specialist care. Moreover, in April 2019, the company teamed up with Avizia to enhance options available to clients across American Well’s diverse telehealth ecosystem, including health plans, health systems, consumer aggregators, and health care service innovators.
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The high cost of installation, stringent rules, patient privacy issues, and identity fraud varying from region to region are expected to hamper the global telemedicine cart & systems market growth.
North America is expected to maintain its dominance in the global telemedicine cart & system market, followed by Europe due to the expansion of the technological and telemedicine market, growing healthcare concerns, increasing government and private sector funding, and the presence of expanding industry players. For instance, in April 2018, Intouch Health announced the acquisition of REACH Health, while American Well announced the acquisition of Avizia at the American Telemedicine Association (ATA).
The Asia Pacific has also expected to witness robust growth in the global telemedicine cart & system market due to favorable government initiatives, increasing awareness amongst patients about telemedicine, and increasing healthcare facilities in the region.
Major players operating in the global telemedicine cart & systems market are GlobalMed, Polycom, Rubbermaid Healthcare, Ergotron, Cisco Systems, AVTEQ, Lifebot, AMD, Avizia, METRO, ICUcare, Intouch Health, AFHCAN, and Afc Industries.
• In July 2020, New Ergotron Telehealth offered providers and patients two new comfortable and connected solutions, StyleView Telepresence Combo Wall System and the Electric Desk for Telemetry.
• In January 2020, METRO health system expanded its retail health clinic partnership with Discount Drug Mart and expects to add telehealth services.
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