China Online Healthcare Market and Global Telemedicine Growth Pushed by Wearable Devices

Aug 31, 2015, 06:30 ET from RnR Market Research

PUNE, India, August 31, 2015 /PRNewswire/ --

Market Research on China Telemedicine and Online Healthcare Industry, 2015 as well as 2014 Telemedicine Industry Report - Global and Chinese Market Scenario are the latest additions to the telemedicine business intelligence information on

Complete report on China online healthcare market and telemedicine industry spread across 115 pages, talking about 19 companies and online platforms as well as supported with 55 charts is now available at .

Due to the severely imbalanced medical resources, telemedicine and China online healthcare market have huge development potential. The rapid development of medical informatization and wearable devices has and will continue to boost the bright prospect of telemedicine and online healthcare market in China. By the end of 2014, 50% of provincial level hospitals and 42% of primary hospitals built up telemedicine centers in China respectively. Viewing from specific businesses, expert consultation is the most developed business, along with medical image consultation, education & training and pathology consultation.

Approximate RMB 16.36 billion been invested within China telemedicine market in 2014, among which, PACS System, Regional Medical Information Platform and HIS System ranked the top 3 segments with investment amount of RMB 3.74, 3.06 and 1.84 billion respectively. Policies have largely limited the development of China online healthcare market. In August 2014, NHFPC of China released the 'Advanced on the Telemedicine Services among Medical Institutions', which stipulated that non-medical institutions cannot develop telemedicine, only health consultation is permitted.

The China online healthcare market size reached RMB 10.88 billion in 2014, where transaction revenue accounts for more than 90% of the market share along with the decreased advertisement revenue in recent 5 years. It's worth noting that smart devices accounts for 3.1% of the total transaction revenue in China in 2014. Currently the smart devices and services have not fully connected, this segment remains in the incubation period.

The huge demand for telemedicine has already attracted some leading enterprises to invest in Chinese telemedicine market. The largest radiology service company in the US, vRad, signed a strategic cooperation agreement with E-TECHCO in April 2014. Both sides will provide tele radiology services for patients in the greater China region. The largest telemedicine consultation and service institution, WorldCare, has set up the 'China WorldCare (Beijing) Hospital Management Co., Ltd. Meanwhile, World Care has reached cooperation intentions with many regional goverments such as Nanjing. Mayo Clinic, built up a joint venture with HILLHOUSE Capital in January 2015.

Online platforms and companies discussed in this China telemedicine market and online healthcare industry report include 39 Healthcare, We Doctor, Spring Rain Doctor, Ping An Health Cloud Company Limited, XYWY.COM (Wenkang Group), vJiankang, DXY, yiyee, BSK Care, YIHUA HEALTHCARE Co. Ltd., Winsan (shanghai) Medical Science And Technology Co., Ltd., Guiyang Longmaster Information & Technology Co., Ltd., Shanghai Yanhua Smartech Group Co.,Ltd., EleFirst Science & Tech Co., Ltd, Zhejiang Enjoyor Electronics Co., Ltd., Hakim Information Technology Co., Ltd., KANGMEI PHARMACEUTICAL CO., LTD, Bringspring Science And Technology Co., Ltd. and NEUSOFT CORPORATION. Order a copy of Research on China Telemedicine and Online Healthcare Industry, 2015 at .

On similar lines, another research titled 2014 Telemedicine Industry Report - Global and Chinese Market Scenario is of 150 pages, analyzes 10 companies and is supported with 25+ tables and figures. Delivery of the Report will take 2-3 working days once order is placed. This is a professional and in-depth market survey on Global and Chinese Telemedicine industry. The report firstly reviews the basic information of Telemedicine including its classification, application and manufacturing technology; The report then explores global and China's top manufacturers of Telemedicine listing their product specification, capacity, Production value, and market share etc.; The report further analyzes quantitatively 2009-2014 global and China's total market of Telemedicine by calculation of main economic parameters of each company; The breakdown data of Telemedicine market are presented by company, by country, and by application; The report also estimates 2014-2019 market development of Telemedicine Industry. The report then analyzes the upstream raw materials, downstream clients, and current market dynamics of Telemedicine Industry. In the end, the report makes some proposals for a new project of Telemedicine Industry and a new project of Telemedicine Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of 2009-2014 global and China Telemedicine industry covering all important parameters. Comprehensive table of contents and more on this research is available at .

Explore more reports on the telemedicine market and related segments at .

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