Growth of 4G Technology Creates Huge Demand for Video Telemedicine Market in Near Future

A survey conducted by the United Nations revealed that about 46% of the global population resides in rural areas, with little or no access to appropriate healthcare facilities. The advent of video telemedicine and deployment of superior communication technologies will enable the rural population to obtain timely and affordable healthcare assistance. Video telemedicine capitalizes on wireless technologies and high-quality video capturing devices to facilitate remote connectivity to offer timely healthcare assistance to the rural population.

PDF for Upcoming Market Trends of Video Telemedicine at: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=536

The research report is compiled to provide a comprehensive blueprint of the global video telemedicine market. The elementary components shaping the development of the market are analyzed in the report to define the determinants of market growth and examine the potential market restraints. The report evaluates the market in terms of distinct product segments, consumer groups, end-use industries, critical applications, distribution network, and key geographic regions.

For a more comprehensive overview, the report segments the video telemedicine market in terms of communication technology, applications, and geography. Based on communication technology, the market is divided into satellite communication, 3G, 4G, Broadband ISDN, and ADSL. With regard to application, the market is classified into dermatology, oncology, dentistry, cardiology, orthopedics, pathology, radiology, gynecology, and neurology & psychiatry

The key restraints that will stand in the way of the market’s growth, however, are: Reluctance to adopt new technologies, a dearth of skilled staff to enable the seamless deployment of video telemedicine, and the underdeveloped network infrastructure in many regions of the world. Companies in the telemedicine market can find a way around these problems by introducing integrated telemedicine solutions that are easy to use and cost less than the existing options.

With the aim to drill down to the second and third level of the global video telemedicine market, the report segments the market by communication technology into: 3G (GSM, CDMA, Others), Satellite Communications, 4G (LTE, WiMax & Others), Broadband Integrated Services Digital Network (B-ISDN), and Asymmetric Digital Subscriber Line (ADSL).

Furthermore, the report provides extensive qualitative information about the following communication technologies in the context of the video telemedicine market: Asynchronous Transfer Mode (ATM) and IP Multimedia Systems (IMS). The highest revenue generating segment in 2013 in the global video telemedicine market, according to the report, was that of ADSL-based video telemedicine segment. However, as the adoption of 4G spreads across the world, the 4G-based video telemedicine segment is poised on the brink of seeing impressive growth.

By application, the global video telemedicine market is segmented into dermatology, cardiology, gynecology, psychiatry and neurology, oncology, orthopedics, dentistry, radiology, and orthopedics. While video telemedicine was most widely used for gynecology-related consultation in 2013, the use of neurology and psychiatry segment will see patients and doctors heavily relying on video telemedicine in the coming years. As a result, the neurology and psychiatry segment will exhibit a remarkable 17.0% CAGR from 2014 to 2020.

North America saw the highest use of video telemedicine and will continue to remain the key market over the near future. Projected to expand at a CAGR of 15% through the report’s forecast period, companies will continue to invest considerably in the North America video telemedicine market.

Read the Present Market Status of Video Telemedicine at: http://www.transparencymarketresearch.com/v-telemedicine-market.html

Companies profiled in the report include: ZTE Corporation, Siemens Healthcare, Global Media Group, LLC., LifeSize Communications, Inc., AMD Global Telemedicine, Inc., Sony Corporation, Logitech International S.A., Vidyo, Inc., Premiere Global Services, Inc., and Huawei Technologies Co. Ltd.

Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

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