Future Outlook of UK Telemedicine Market: Ken Research

The report titled "UK Telemedicine Market Outlook to 2022 - by Services (Tele Home & M-Health and Tele Hospital), by Technology Platform (Software, Hardware and Telecom), by Clinical Applications (Tele Cancer Services, Tele Radiology, Tele Pathology, Tele Neurology, Tele Psychology and Others)" provides a comprehensive analysis on the UK telemedicine services and technology platform Market. The report covers introduction and genesis, market size, market segmentation by service platforms (Tele Home & M-Health and Tele Hospital), by type of technology platform (Software, Hardware and Telecom), by type of clinical applications (Tele Cancer Services, Tele Radiology, Tele Pathology, Tele Neurology, Tele Psychology and Others) and by delivery mode (Cloud Based and Web Based). The report also covers the overall competitive landscape of major Telemedicine companies including Immediate, Babylon Health, Push Doctor, Tele Medicine Clinic, Doctor Care Anywhere, Toothpick, Home Touch, Zesty, Skin Analytics, Capture Proof, Medio.Link, Tunstall, Tynetec Ltd., Just Checking, Tele Support. The report also covers Value Chain Analysis in UK telemedicine market, Government regulations, Case Study on successful telemedicine service provider, PEST analysis, along with analyst recommendation and macroeconomic variables.

The report is useful for telemedicine service providers, investors, telemedicine software & hardware companies, potential entrants and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future.

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UK Telemedicine Market Size
Telemedicine market in UK is at its growing stage. A number of Telemedicine devices are emerging such as blood pressure monitoring, weight management machines, interactive stethoscope, ENT otoscope and general examination camera. Increasing government funding and grants for telemedicine, consistent need for improved healthcare quality services and increasing number of smart phone users has boosted the telemedicine market. Telemedicine technology has been expanding with integrated home-healthcare connected at telemedicine platforms. In 2017, the UK's NHS launched a new service where patients can speak to a physician through their mobile devices via video call or text. The service called GP At Hand is available countrywide and as is the case with most NHS services, is free at the point of delivery.

UK Telemedicine Market Segmentation
By Service and Technology Platform: In 2017, service platform has dominated the UK telemedicine market. Services has higher market share. Technology involves onetime cost and services upgrade from time to time. Moreover, a person will at least consult a GP, doctor or a nurse twice for a particular disease. The technology platform consists of software, hardware and telecom out of which software has dominated the market.

By Type of Service Platform: In 2017, Tele home and M-health services has dominated the UK Telemedicine market followed by Tele hospital. Aging population, increase in diabetic and cancer patients, a smaller number of clinics, growing need for remote patient monitoring services, ease in consultation process and less consultation fee in comparison to hospital visit are the main growth drivers which have propelled the growth of Tele home and M-Health services.

By Type of Technology Platform: In 2017, software services have contributed the highest share in terms of revenue in UK telemedicine market. The software leads in the market because software requires up gradation with time in order to add more features and for fixing up the bugs. This adds cost to software maintenance. The hardware services hold the second highest share followed by telecom having share contribution in 2017. Telemedicine hardware is used to render healthcare services from a distance or remote locations. With the increase in the demand of digital health platform, the demand for telemedicine hardware is also increasing.

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By Clinical Applications: In 2017, Tele cancer services have dominated the market in terms of domestic revenue. Tele cancer services dominate because of the rising number of cancer cases in the country. In 2017, the Tele Radiology contributed the second highest share followed by Tele Pathology, Tele Neurology, Tele Psychology services. Others services include dermatology, epidemiology, prescription counseling, surgical applications, cardiology and dentistry has contributed the least share in UK Telemedicine market in 2017.

By Delivery Mode: In 2017, cloud base delivery mode has dominated the market followed by web-based services. In cloud based the telemedicine company uploads the patient's documents, prescriptions and X-rays on the cloud server from where doctors can access the documents any time they want through their personal device. The web-based services are less expensive in comparison to cloud-based services as in web based just LAN connection is required and low storage hard drives.

Competitive Landscape in UK Telemedicine Market
UK Tele Medicine market is highly concentrated with the presence of around 40-45 players in the market. The entry barriers are high for a company entering into the Tele Medicine market. The set up cost of Tele Medicine business is also very high as it requires latest technology equipment's with most modern services for providing best results and consultation to the patient either through video or audio system. The leading companies in UK Telemedicine market are Immedicare, Medio.Link, Babylon Health, Push Doctor, Tele Medicine Clinic, Medio.Link, Doctor Care Anywhere, Toothpick, Home Touch, Zesty, Skin Analytics, Capture Proof, Tunstall, Tynetec Ltd., Just Checking, Tele Support and others. Telemedicine players are concentrated on improving their technology offerings in terms of hardware, network and software (i.e., enabling technologies), experience in the market, services offered, cost of services, range of medical applications offered and others. Healthcare companies are evaluating the return on investment (ROI) and clinical consequences of the telemedicine technology. Some of the leading telehealth companies are Care Innovation, Doro Care, Living Safely, Tele health Solutions, Appello, Tec Angel, Tunstall and Tynetec.

UK Telemedicine Market Future Outlook and Projections
UK Telemedicine market is expected to increase at a double digit CAGR in between the year 2018 and 2022 in terms of revenue due to the increasing number of aging population, growing number of smart phone users and rising healthcare cost. The demand for telemedicine in UK is expected to grow at a rapid pace from 2021 to 2022. The growth will be driven by the increasing emphasis of healthcare information technology (HIT) players, increasing prevalence of chronic diseases and continual investments from both public and private sectors. Since radiology has proven to be such an effective field for outsourcing via telemedicine, many hospitals will be looking at the possibility of splitting off many other specializations. Psychiatry, neurology, and many other disciplines are ripe for decentralization employing Tele health practices.

Key Topics Covered in the Report
UK Telemedicine market overview and genesis
Value chain analysis in UK Telemedicine Market
UK Telemedicine market size
UK Telemedicine market segmentation by service and technology platform, by type of service platform (Tele Home & M-Health and Tele Hospital), by type of technology platform (Software, Hardware and Telecom), by type of clinical applications (Tele Cancer Services, Tele Radiology, Tele Pathology, Tele Neurology, Tele Psychology and Others) and by delivery mode (Cloud Based and Web Based)
Trends and Development in UK Telemedicine Market
Issues and Challenges in UK Telemedicine Market
Case Study on successful telemedicine service provider
Government regulation in UK Telemedicine market
PEST Analysis in UK Telemedicine market
Competitive landscape in UK Telemedicine market
Company profiling for major players in UK Telemedicine market
Telemedicine software companies
Telemedicine hardware companies
UK Telemedicine market future outlook and projections
Analyst Recommendations

Related Report: -
https://www.kenresearch.com/healthcare/general-healthcare/switzerland-telemedicine-market-forecast-2022/154990-91.html

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