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Global Markets for Telemedicine Technologies


News provided by

Reportlinker

Mar 22, 2012, 07:25 ET

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NEW YORK, March 22, 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

Global Markets for Telemedicine Technologies

http://www.reportlinker.com/p0801566/Global-Markets-for-Telemedicine-Technologies.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=e-Healthcare

INTRODUCTION

STUDY GOALS AND OBJECTIVES

This is an update of an earlier BCC report (Jan. 2011). BCC's goal in updating the report is to assess the impact of recent technical, economic, legal/regulatory, business and other developments on the global market for telemedicine technologies and services. Objectives of both the original and the updated studies include:

Defining new avenues in the telemedicine market, mainly in terms of cutting-edge technology development, value-added services and newer applications.Providing an in-depth understanding of the economics of telemedicine in terms of business models, a cost-benefit analysis and information for an investment business case.Identifying opportunities for all the stakeholders in telemedicine.Making a comprehensive market forecast (2011 to 2016) of telemedicine and all its key subsegments.

BCC's key objective is to present a comprehensive analysis of the current telemedicine market and its future direction.

REASONS FOR THE STUDY

Companies require clarity regarding the main markets for telemedicine technologies and services. BCC is interested in providing a comprehensive market forecast for multiple market segments (e.g., technologies, services, applications, geographical).

There has been a global focus on the use of telemedicine as a tool to cut down healthcare costs and bring about mammoth savings. Implementation of the new U.S. healthcare law will, if anything, intensify this focus, by increasing the number of people with health insurance and seeking medical services. In the near to mid-term, telemedicine technologies offer one of the few ways of enabling healthcare personnel to meet the increased demand without unacceptable delays or other forms of de facto rationing.

BCC is interested in studying the ways in which collaborative healthcare can be better and more economically implemented through telemedicine. Recently announced best practices to cut down global healthcare costs, including outsourced medical services, home-based treatment, intervention as opposed to post treatment, integrated information technology (IT) environments, increased efficiency of healthcare resources and reducing billing gaps, all point toward the increasing use of telemedicine.

BCC aims to identify the key success factors in the telemedicine market and to gauge the ways in which this market can significantly affect larger markets such as healthcare, health insurance, home care, telecommunications (telecom), networking, disease management, e-health and healthcare IT. The report is well timed, as major Tier I stakeholders are entering the telemedicine market.

INTENDED AUDIENCE

This report is intended for telemedicine hardware manufacturers, software providers, telecom and networking companies, the healthcare industry and healthcare insurance companies. Key takeaways include the identification and quantification of markets for technology and services in the telemedicine market. Opportunities are defined in terms of market forecasts, avenues, trends, market drivers and competitive gaps.

TELEMEDICINE HARDWARE MANUFACTURERS

This includes hardware manufacturers of home care units (e.g., vital signals), videoconferencing equipment and store-and-forward (i.e., radiological and pathological) units. The report provides market forecasts for the five-year period from 2011 through 2016. It provides analysis of recent technology developments and includes profiles of main players, benchmarking information, key buying criteria and value-chain mapping.

TELEMEDICINE SOFTWARE PROVIDERS

Market forecasts are included for telehome and telehospitals/clinics across different geographic markets.

TELECOM AND NETWORKING COMPANIES

The report describes a business model that can be executed by large telecom companies that can use it to increase their market share over the near to mid-term. Telecom companies can use the business model to facilitate consolidation. They can also get an overview of the total number of connections forecast for telemedicine users and a forecast of the market.

TELEMEDICINE SERVICE PROVIDERS

The report provides telemedicine integrators with a market forecast of the telemedicine service market. It highlights value-added services and unique business models of telemedicine that can help to win business success.

HEALTHCARE COMPANIES

Hospitals, home care companies, disease management companies, specialists and clinics can obtain a detailed market forecast for telecardiology, teleradiology, telepsychiatry, teledermatology, telepathology and other telemedicine applications.

HEALTH INSURANCE COMPANIES

Private and government health insurance companies will get a comprehensive and in-depth understanding of the global telemedicine market and all its main players. This report provides business cases to aid their decisions when investing in telemedicine.

SCOPE AND FORMAT

This report focuses on global markets for telemedicine technologies and services. The discussion is organized into 13 chapters and three appendices, as shown below:

Introduction.Summary.Telemedicine Overview.Telemedicine Technologies and Global Markets (including analysis of key patents).Telemedicine Applications.Economics of Telemedicine.Stakeholders: Opportunities Analysis.Consolidation and Ownership Trends.North American Markets.EU Markets.Japanese Market.Other Geographical Markets.Conclusions.

Appendices.

Appendix A: Company Profiles.Appendix B: List of Telemedicine Programs Studied.Appendix C: Acronyms.

METHODOLOGY AND INFORMATION SOURCES

BCC Research obtained the information on which this report is based from interviews with manufacturers and users of telemedicine technologies and services, as well as from reviews of secondary sources such as company literature, conference proceedings and related government data.

Earlier editions of this report contained an in-depth benchmarking analysis of major programs operating globally in terms of the technology deployed, funding arrangement, telemedicine suppliers, operations and number of sites. Although they are now several years old, the results of this analysis, updated where possible, are included here because of the unique nature of this report.

BCC Research based its market projections on various factors such as technology developments and industry issues, among other conditions. All market projections are expressed in 2010 constant dollars.

ANALYST CREDENTIALS

The author of the original report on which this update is based is Sandeep Sugla. Sandeep holds a bachelor's degree in electronics engineering and has six years of research experience in pharmaceuticals, healthcare, medical equipment and biotechnology.

The analyst responsible for updating the report is Andrew McWilliams, a partner at 43rd Parallel LLC, a Boston-based international technology and marketing consulting firm. Mr. McWilliams is the author of numerous BCC Research studies, including many related to telemedicine, such as HLC054B Home Medical Equipment: Technologies and Global Markets; HLC082A Emerging Markets for Advanced Medical Technologies; HLC066B Medical Automation Technologies, Products, and Markets; HLC048C Healthcare Information Technology; HLC038C Patient Monitoring; HLC036D Medical Robotics and Computer-Assisted Surgery: The Global Market.

TABLE OF CONTENTS

CHAPTER ONE: INTRODUCTION 1

STUDY GOALS AND OBJECTIVES . 1

REASONS FOR THE STUDY 1

INTENDED AUDIENCE 2

TELEMEDICINE HARDWARE MANUFACTURERS 2

TELEMEDICINE SOFTWARE PROVIDERS 2

TELECOM AND NETWORKING COMPANIES . 2

TELEMEDICINE SERVICE PROVIDERS 3

HEALTHCARE COMPANIES . 3

HEALTH INSURANCE COMPANIES . 3

SCOPE AND FORMAT 3

METHODOLOGY AND INFORMATION SOURCES. 4

ANALYST CREDENTIALS 4

RELATED BCC PUBLICATIONS . 4

BCC ON-LINE SERVICES . 5

DISCLAIMER . 5

DISCLAIMER (CONTINUED) 5

CHAPTER TWO: SUMMARY 6

SUMMARY TABLE FORECAST FOR THE GLOBAL TELEHOME AND

TELEHOSPITAL MARKET, THROUGH 2016 ($ MILLIONS)* 6

SUMMARY FIGURE FORECAST FOR THE GLOBAL TELEHOME AND

TELEHOSPITAL SERVICE MARKET, 2011–2016 ($ MILLIONS) . 7

CHAPTER THREE: TELEMEDICINE OVERVIEW 8

STRUCTURE 8

FIGURE 1 STRUCTURE OF A TELEMEDICINE NETWORK 8

STRUCTURE (CONTINUED) . 9

KEY PLAYING FIELDS IN TELEMEDICINE . 10

FIGURE 2 WINNING IMPERATIVES FOR TELEMEDICINE:

TELEHOME CARE, TELEHOSPITAL B2B, TELEHOSPITAL B2C . 11

MARKET DRIVERS . 12

FIGURE 3 TELEMEDICINE MARKET DRIVERS . 12

CHANGING HEALTHCARE PARADIGM: INEVITABLE NEED

FOR TELEMEDICINE . 13

Increasing Chronic Diseases . 13

Complexity of the Healthcare Network 13

FIGURE 4 TELEMEDICINE: KEY TO E-HEALTHCARE 14

Rising Cost of Home Care . 14

Increasing Number of Aging Patients Requiring Daily

Care . 14

Higher Spending on IT 14

Moving From Treatment to Early Intervention . 15

Shortages of Healthcare Personnel and Increasing

Workloads . 15

NEED FOR BETTER CLINICAL OUTCOMES . 16

GROWING INVESTMENTS IN TELEMEDICINE . 16

TELEMEDICINE DRIVEN BY THE RISING E-HEALTHCARE

MARKET . 16

INCREASING FOCUS OF COMPANIES ON TELEMEDICINE

AS A KEY MARKET DIFFERENTIATOR 16

IMPROVED TECHNOLOGY INFRASTRUCTURE SPURRING

GROWTH IN TELEMEDICINE 17

ENTRY OF TIER I PLAYERS EXPANDING MARKET SCOPE 17

CENTRALIZED EHR AND EMR ARE DRIVING THE NEED

FOR TELEMEDICINE . 17

INCREASING ACCEPTANCE OF TELEMEDICINE BY

PATIENTS 18

FIGURE 5 INCREASING ACCEPTANCE OF TELEMEDICINE BY

PATIENTS . 18

KEY CHALLENGES. 18

FIGURE 6 MAJOR CHALLENGES FACED BY TELEMEDICINE

PROGRAMS (%) . 19

FIGURE 7 CHALLENGES IN TELEMEDICINE: ECONOMICS

VERSUS CLINICAL OUTCOME . 20

TECHNICAL 20

FINANCIAL . 21

Reimbursement 21

Reimbursement (Continued) 22

Government Funding for Telemedicine Programs . 23

Companies Afraid of Lower Returns from Telemedicine . 23

OPERATIONAL AND SOCIAL ISSUES 24

Training and Accreditation . 24

Availability of Telecommunications Bandwidth 25

Market Awareness . 26

LEGAL AND REGULATORY ISSUES . 26

Device Safety and Effectiveness . 26

Privacy . 26

Privacy (Continued) 27

Practitioner and Facility Licensure 28

Medical Liability and Malpractice Issues . 29

STANDARDS 29

TELEMEDICINE: MOVING UP IN THE VALUE CHAIN 30

FIGURE 8 31

TELEMEDICINE: MOVING UP IN THE VALUE CHAIN 31

TELEMEDICINE MARKET STRUCTURE OVERVIEW . 31

FIGURE 9 TELEMEDICINE MARKET STRUCTURE . 32

GLOBAL TELEMEDICINE MARKET . 32

Telehome vs. Telehospital/Clinic Segments . 32

TABLE 1 FORECAST FOR THE GLOBAL TELEHOME AND

TELEHOSPITAL MARKET, THROUGH 2016 ($ MILLIONS)* 33

Major Geographical Segments 33

TABLE 2 FORECAST FOR TELEMEDICINE MARKET BY

GEOGRAPHY, THROUGH 2016 ($ MILLIONS)* 33

Technologies and Services . 33

TABLE 3 FORECAST FOR THE TELEMEDICINE HARDWARE,

SOFTWARE AND SERVICE MARKET, THROUGH 2016 ($

MILLIONS)* 34

FIGURE 10 TELEMEDICINE SERVICE MARKET . 35

TELEMEDICINE APPLICATIONS 36

FIGURE 11 TELEMEDICINE APPLICATION MARKET 37

TELEMEDICINE STAKEHOLDERS . 37

FIGURE 12 TELEMEDICINE STAKEHOLDERS MARKET

STRUCTURE . 38

MARKET DYNAMICS 39

FIGURE 13 CASH COWS IN TELEMEDICINE 39

CHAPTER FOUR: TELEMEDICINE TECHNOLOGIES AND GLOBAL

MARKETS 40

TELEMEDICINE TECHNOLOGIES 40

FIGURE 14 MAPPING THE TECHNOLOGY VALUE CHAIN OF

TELEMEDICINE . 41

INTEGRATED TELEMEDICINE: TOP OF THE VALUE

CHAIN . 41

FIGURE 15 INTEGRATED TELEMEDICINE MODEL . 42

Complex Networks Demanding Standardization Across

Integrated Telemedicine 43

Open-End Technology: The Key to Integrated Medicine . 43

MOVING TOWARD MORE RELIABLE AND EFFECTIVE

TELEMEDICINE TECHNOLOGIES 43

Factors Affecting Reliability of Telemedicine. 44

Clinician Experience in Telemedicine 44

Imaging . 44

Dermatology Applications 44

Audio Signals 44

LARGER USE OF IP-BASED CONVERGED NETWORKS IN

TELEMEDICINE 44

OPTING FOR WEB- AND WIRELESS-BASED DISTRIBUTION 44

USE OF BOTH MULTIPURPOSE AND THERAPY-BASED

EQUIPMENT 45

LOWERING THE COST OF TELEMEDICINE . 45

INCREASING SPEED AND RELIABILITY OF DATA

TRANSFER . 46

Reduced Bandwidth Requirement 46

INCREASED USE OF WIRELESS TECHNOLOGIES IN

TELEMEDICINE 46

VENDORS PREFER TO LEASE TELEMEDICINE

EQUIPMENT 47

LAUNCHING MORE USER-FRIENDLY TECHNOLOGY . 47

USING MORE COMPUTER-BASED DIAGNOSIS . 47

GLOBAL MARKETS 48

GLOBAL TELEMEDICINE TECHNOLOGY: HARDWARE,

SOFTWARE AND TELECOM MARKET OVERVIEW 48

TABLE 4 GLOBAL TELEMEDICINE TECHNOLOGY MARKET,

THROUGH 2016 ($ MILLIONS)* . 48

TABLE 5 FORECAST FOR THE TELEHOME AND TELEHOSPITAL

TECHNOLOGY MARKET, THROUGH 2016 ($ MILLIONS)* . 49

HARDWARE. 49

TABLE 6 FORECAST FOR THE TELEHOME AND TELEHOSPITAL

HARDWARE MARKET, THROUGH 2016 ($ MILLIONS)* 49

Home Care Hardware Market 50

Equipment Segments 50

FIGURE 16 TELEMEDICINE HOME CARE UNITS (PERIPHERALS) . 50

Market Shares . 50

FIGURE 17 HOME CARE UNIT MARKET SHARE IN TELEMEDICINE

PROGRAMS (%) . 51

Benchmarking Home Care Units . 51

Telehospitals/Clinics Hardware Market . 52

Equipment Segments 52

• Videoconferencing Systems . 52

– Videoconferencing Units: Market

Share . 53

FIGURE 18 ROOM-BASED VIDEOCONFERENCE MARKET SHARE IN

TELEMEDICINE PROGRAMS (%) 53

FIGURE 19 MARKET SHARE OF ROLL-ABOUT VIDEOCONFERENCE

UNITS IN TELEMEDICINE PROGRAMS (%) . 54

FIGURE 20 DESKTOP, LAPTOP AND SET-TOP COMPUTER UNITS

MARKET SHARE IN TELEMEDICINE PROGRAMS (%) . 55

FIGURE 21 VIDEOPHONE MARKET SHARE IN TELEMEDICINE

PROGRAMS (%) . 56

– Benchmarking Videoconferencing

Units 56

• Store-and-Forward Systems . 57

– Teleimaging Equipment: Market

Share . 57

FIGURE 22 TELEIMAGING EQUIPMENT MARKET SHARE IN

TELEMEDICINE PROGRAMS (%) 58

• -Telepathological Equipment 58

– Market Shares 58

FIGURE 23 TELEPATHOLOGICAL EQUIPMENT IN TELEMEDICINE

PROGRAMS (%) . 59

SOFTWARE 59

Telemedicine Software Market Overview 60

TABLE 7 GLOBAL TELEMEDICINE SOFTWARE MARKET FOR

TELEHOME AND TELEHOSPITALS/CLINICS, THROUGH 2016 ($

MILLIONS)* 60

Benchmarking Telemedicine Software Companies 60

TELECOM AND NETWORKING . 61

Telecom and Networking Market Overview . 61

TABLE 8 FORECAST FOR THE TELEMEDICINE TELECOM AND

NETWORKING FOR TELEHOME AND TELEHOSPITALS/CLINICS,

THROUGH 2016 ($ MILLIONS)* . 61

Market Shares . 62

FIGURE 24 TELEMEDICINE PROGRAMS AND

TELECOMMUNICATION PROVIDERS* . 62

TELEMEDICINE PATENT ANALYSIS 62

GENERAL TRENDS 63

FIGURE 25 U.S. TELEMEDICINE PATENTS, 2002–2011* 63

TRENDS BY TECHNOLOGY . 64

FIGURE 26 U.S. PATENTS ISSUED RELATING TO TELEMEDICINE,

THROUGH SEPT. 2011 (%) 64

TELEMEDICINE SERVICES OVERVIEW 65

TELEHOME SERVICES . 65

FIGURE 27 TELEHOME SERVICES: MOVING UP IN THE VALUE

CHAIN 66

TELEHOSPITAL SERVICES 66

FIGURE 28 TELEHOSPITAL B2B AND B2C SERVICES . 67

OPPORTUNITIES IN TELEMEDICINE SERVICES 67

Telemedicine Facility Management Services . 67

Telemedicine Services Supporting E-health 68

Telemedicine Services Supporting Home Care 68

Interoperable Telemedicine Network Services . 68

Telemedicine Virtual Network Providers Services 68

Mobile Emergency Services . 69

Interface between Primary and Secondary Care . 70

Primary Care Kiosk-Based Services Supporting

Telemedicine . 70

Telenursing Services . 70

24/7 Telemedicine Call Center Services . 71

Support for Outsourced Medical Services 71

Telemedicine Services for Disease Management . 71

Telemedicine Managed Services for Rural Areas. 72

Telehealth Education 73

Telemedicine-Based Niche Services 73

TELEMEDICINE SERVICE MARKET . 73

TABLE 9 FORECAST FOR THE TELEMEDICINE SERVICE MARKET,

THROUGH 2016 ($ MILLIONS)* . 73

TELEHOSPITAL SERVICES 74

TABLE 10 FORECAST FOR THE GLOBAL

TELEHOSPITALS/CLINICS STORE-AND-FORWARD AND REALTIME

VIDEOCONFERENCING SERVICE MARKET, THROUGH

2016 ($ MILLIONS)* . 74

TABLE 11 FORECAST FOR THE GLOBAL TELEHOSPITAL STOREAND-

FORWARD SERVICES FOR THE RADIOLOGY, CARDIOLOGY,

DERMATOLOGY AND PATHOLOGY MARKET, THROUGH 2016 ($

MILLIONS)* 75

TABLE 12 FORECAST FOR THE GLOBAL

TELEHOSPITALS/CLINICS VIDEOCONFERENCING SERVICES

FOR CARDIOLOGY, PSYCHIATRY, AND URBAN AND RURAL

MARKETS, THROUGH 2016 ($ MILLIONS)* 75

Telehospital Services (Continued) 76

CHAPTER FIVE: TELEMEDICINE APPLICATIONS 77

FIGURE 29 TELEMEDICINE APPLICATIONS: MARKET SIZE

VERSUS PENETRATION 77

TELEMEDICINE APPLICATIONS OVERVIEW . 78

FIGURE 30 TELEMEDICINE APPLICATIONS OVERVIEW 78

TELEMEDICINE APPLICATION MARKET 78

TABLE 13 FORECAST FOR GLOBAL TELEHOSPITALS/CLINICS

STORE-AND-FORWARD AND VIDEOCONFERENCING MARKET,

THROUGH 2016 ($ MILLIONS)* . 79

FIGURE 31 FORECAST FOR THE GLOBAL

TELEHOSPITALS/CLINICS STORE-AND-FORWARD AND

VIDEOCONFERENCING MARKET, 2010–2016 ($ MILLIONS) . 80

TELEHOSPITALS/CLINICS VIDEOCONFERENCING

TECHNOLOGY MARKET BY APPLICATION 80

TABLE 14 FORECAST FOR THE GLOBAL

TELEHOSPITALS/CLINICS STORE-AND-FORWARD MARKET BY

APPLICATION, THROUGH 2016 ($ MILLIONS)* . 80

TABLE 15 GLOBAL FORECAST FOR TELEHOSPITALS/CLINICS

REAL-TIME VIDEOCONFERENCING MARKET BY APPLICATION,

THROUGH 2016 ($ MILLIONS)* . 81

TELECARDIOLOGY 81

TELECARDIOLOGY MARKET OVERVIEW . 82

TABLE 16 FORECAST FOR THE GLOBAL

TELEHOSPITALS/CLINICS TELECARDIOLOGY MARKET FOR

STORE-AND-FORWARD AND VIDEOCONFERENCING

TECHNOLOGY, THROUGH 2016 ($ MILLIONS)* 83

FIGURE 32 FORECAST FOR THE GLOBAL

TELEHOSPITALS/CLINICS TELECARDIOLOGY MARKET FOR

STORE-AND-FORWARD AND VIDEOCONFERENCING

TECHNOLOGY, 2010 AND 2016 ($ MILLIONS) 83

Telecardiology: Store-and-Forward Market Overview . 84

TABLE 17 FORECAST FOR THE GLOBAL

TELEHOSPITALS/CLINICS STORE-AND-FORWARD

CARDIOLOGY TECH AND SERVICE MARKET, THROUGH 2016 ($

MILLIONS)* 84

FIGURE 33 FORECAST FOR THE GLOBAL

TELEHOSPITALS/CLINICS STORE-AND-FORWARD

CARDIOLOGY TECHNOLOGY AND SERVICE MARKET, 2010 AND

2016 ($ MILLIONS) . 85

Telecardiology: Videoconferencing Market Overview 85

TABLE 18 FORECAST FOR THE GLOBAL TELEHOSPITAL

VIDEOCONFERENCING FOR CARDIOLOGY TECHNOLOGY AND

SERVICE MARKET, THROUGH 2016 ($ MILLIONS)* 86

Market Drivers 86

Healthcare Services Using Telecardiology for Early

Detection of Abnormalities 86

Hospitals Outsourcing Cardiology Image

Management to Specialists . 86

Cardiac Patients Experience Higher Comfort

Levels with Telecardiology 86

Larger Number of Cardiac Patients Monitored

Remotely 87

Trends in Telecardiology . 87

Telecardiology Usage for Pediatric Cardiology 87

Remote Monitoring and Post-Acute Care for

Telecardiology 87

Supporting Image Handling in Telecardiology 87

Supporting ECG Transmission in Telecardiology . 88

Increasing Use of Web-Based Interface for

Telecardiology 88

Mobile Emergency Services Opting for

Telecardiology 88

TELERADIOLOGY . 89

TABLE 19 GLOBAL FORECAST FOR THE

TELEHOSPITALS/CLINICS STORE-AND-FORWARD RADIOLOGY

TECHNOLOGY AND SERVICE MARKET, THROUGH 2016 ($

MILLIONS)* 89

FIGURE 34 FORECAST FOR THE GLOBAL

TELEHOSPITALS/CLINICS STORE-AND-FORWARD RADIOLOGY

TECHNOLOGY AND SERVICE MARKET, 2010-2016 ($ MILLIONS) 90

RECENT DEVELOPMENTS 90

24-Hour Services by Teleradiology Companies 90

Development of Subspecialty Centers 91

Use of Filmless Imaging 91

Dartmouth Develops Low-Bandwidth Telesonography

System 91

New Teleradiology Solution by Philips to Assist in

Detection of Lung Lesions 91

TELEPATHOLOGY 91

TABLE 20 FORECAST FOR THE GLOBAL TELEHOSPITAL STOREAND-

FORWARD PATHOLOGY TECHNOLOGY AND SERVICE

MARKET, THROUGH 2016 ($ MILLIONS)* . 92

FIGURE 35 GLOBAL TELEHOSPITALS/CLINICS STORE-ANDFORWARD

PATHOLOGY TECHNOLOGY AND SERVICE MARKET,

2010-2016 ($ MILLIONS) 93

RECENT TRENDS . 93

Telepathology Helps Laboratories Increase Revenues by

Leveraging Mutual Global Partnerships 93

Hospitals Reducing Pathological Cost and

Increasing Promptness by Using Hybrid

Systems 93

Ultrarapid Virtual Slide Processor and Dynamic Image

Telepathology Improving Telepathology Effectiveness 94

TELEPSYCHIATRY . 94

TABLE 21 GLOBAL FORECAST FOR THE

TELEHOSPITALS/CLINICS VIDEOCONFERENCING

PSYCHIATRY TECHNOLOGY AND SERVICE MARKET, THROUGH

2016 ($ MILLIONS)* . 95

FIGURE 36 FORECAST FOR THE GLOBAL

TELEHOSPITALS/CLINICS VIDEOCONFERENCING

PSYCHIATRY TECHNOLOGY AND SERVICE MARKET, 2010-2016

($ MILLIONS) 95

DERMATOLOGY 96

DERMATOLOGY MARKET OVERVIEW 96

TABLE 22 FORECAST FOR THE GLOBAL

TELEHOSPITALS/CLINICS DERMATOLOGY TECHNOLOGY AND

SERVICE MARKET, THROUGH 2016* ($ MILLIONS) 96

HOSPITALS: URBAN AND RURAL APPLICATIONS 96

FIGURE 37 TELEHOSPITAL VIDEOCONFERENCING URBAN AND

RURAL MARKET, 2010-2016 ($ MILLIONS) . 97

CHAPTER SIX: ECONOMICS OF TELEMEDICINE 98

BUSINESS MODELS . 98

FIGURE 38 OVERVIEW OF TELEMEDICINE REVENUE MODELS 98

FIGURE 39 BUSINESS MODELS OF TELEMEDICINE 99

RISK AND REWARD SHARING MODEL . 99

JOINT OPERATING MODEL . 99

FACILITATOR MODEL 100

INTEGRATOR MODEL . 100

SUBSCRIPTION-BASED SERVICE PROVIDER MODEL . 100

PAY AS YOU GO 101

SHARED MODEL 101

COST-BENEFIT ANALYSIS . 101

QUICK FACTS ON TELEMEDICINE 101

SAVINGS FROM REMOTE PATIENT MONITORING 102

REDUCED TRAVEL TIME FOR NURSES 102

TABLE 23 SAVINGS FROM NURSES' TRAVEL COSTS 102

SAVINGS FROM REHOSPITALIZATION . 102

TABLE 24 AVERAGE HOSPITALIZATION AND TELEHOME CARE

COST ($) . 103

CALL CENTER SAVINGS 103

COST COMPARISON: TELEMEDICINE AND NORMAL

CONSULTATION . 103

AVENUES INCREASING TOP-LINE REVENUES OF THE

HOSPITAL 103

Added Specialist Billing 103

Added Remote Patients . 104

Avoiding the Need for Transfer from Rural Hospitals . 104

TELEMEDICINE: A COMPELLING BUSINESS CASE . 104

GLOBAL HEALTHCARE HAS MAMMOTH SAVINGS BY

TELEMEDICINE 104

HOME CARE MARKET INCREASINGLY ADOPTING

TELEMEDICINE 104

TELECOM COMPANIES LARGELY SEEING

TELEMEDICINE AS KEY MARKET DIFFERENTIATOR

FOR THEMSELVES IN LONG RUN 105

E-HEALTH MARKET USING TELEMEDICINE AS THE

PIVOTAL TECHNOLOGY . 105

CHAPTER SEVEN: STAKEHOLDERS: OPPORTUNITIES ANALYSIS . 106

TIER I PLAYERS 106

TIER I PLAYERS CONSOLIDATING IN THE

TELEMEDICINE MARKET TO WIN THE LION'S SHARE

OF THE FUTURE E-HEALTHCARE MARKET 106

HEALTHCARE COMPANIES: HOSPITALS, INSURANCE

COMPANIES, CLINICS, GPS AND DISEASE

MANAGEMENT COMPANIES . 106

Hospitals Will Use Telemedicine as a Key Differentiator . 106

Rural Hospitals Will Not Lose Revenues . 106

Annual Healthcare Management Programs for Patients,

Non-Patients and Families on Multiple Business

Models . 107

Specialists, General Practitioners and Healthcare

Companies from Low-Cost Countries Will See a

Greater Demand for Outsourced Medical Healthcare

Services . 107

Clinics and Primary Care Consultants Will See a

Significant Benefit from Telemedicine Toward

Secondary Care Consultation 107

Healthcare Companies are Viewing Telemedicine as a

Tool to Cut Healthcare Costs . 107

Physicians Getting Ready for E-visits 108

Disease Management Companies Expanding

Telemedicine Network Beyond U.S. 108

TELECOM AND NETWORK PLAYERS 108

Telecom and Networking Companies are Actively

Participating in the Delivery of Global Telemedicine

Services . 108

Telecom Companies Supporting IP-Based High-Speed

Data Transfer Networks 109

Telecom Companies Partnering with Disease

Management Companies 109

TELEMEDICINE HARDWARE SUPPLIERS 109

Sales of More Reliable Portable Telemedicine Equipment

Capturing Multiple Clinical Signals are Expected to

Grow 109

Integrated Telemedicine is the Future of the Telemedicine

Market 109

Subscription-Based Models Will Lead Other Telemedicine

Models . 110

Wireless Wearable Devices Will Find Increasing

Application in Telemedicine 110

Teleradiology, Telecardiology, Telepathology, and

Telepsychiatry Will Be the Top Four Applications . 110

TELEMEDICINE SOFTWARE PROVIDERS 110

Software Companies Support Integrated Telemedicine

with Open-End Architecture 110

TELEMEDICINE INTEGRATORS: TELEHOME AND

TELEHOSPITAL 110

Telemedicine Integrators to Tap into Families Ready to

Spend for Convenience of Primary Healthcare . 110

Telemedicine Plans for Multiple Distribution Channels . 111

CHAPTER EIGHT: CONSOLIDATION AND OWNERSHIP TRENDS 112

TABLE 25 MERGER AND ACQUISITION FOR FISCAL YEARS, 2006–

2011. 112

TABLE 25 (CONTINUED) . 113

CHAPTER NINE: NORTH AMERICAN MARKETS . 114

SUMMARY 114

TABLE 26 NORTH AMERICAN TELEHOME AND TELEHOSPITAL

MARKET, THROUGH 2016 ($ MILLIONS) . 114

PRODUCT/SERVICE SEGMENTS . 114

TABLE 27 NORTH AMERICAN TELEHOME AND TELEHOSPITAL

MARKET BY COUNTRY, THROUGH 2016 ($ MILLIONS) 115

TELEHOME PRODUCTS/SERVICES 115

TABLE 28 NORTH AMERICAN TELEHOME MARKET BY TYPE OF

PRODUCT/SERVICE, THROUGH 2016 ($ MILLIONS) . 115

TABLE 28 (CONTINUED) . 116

TELEHOSPITAL CLINIC PRODUCTS/SERVICES 116

TABLE 29 NORTH AMERICAN TELEHOSPITAL/CLINIC MARKET BY

TYPE OF PRODUCT/SERVICE, THROUGH 2016 ($ MILLIONS) 116

TABLE 29 (CONTINUED) . 117

Store-and-Forward vs. Teleconferencing Applications 117

TABLE 30 NORTH AMERICAN TELEHOSPITALS/CLINICS STOREAND-

FORWARD AND VIDEOCONFERENCING MARKET,

THROUGH 2016 ($ MILLIONS)* . 117

CHAPTER TEN: EU MARKETS . 118

SUMMARY 118

TABLE 31 EU TELEMEDICINE MARKET, THROUGH 2016 ($

MILLIONS) 118

MARKET SEGMENTS . 118

TELEHOME VS. TELEHOSPITAL/CLINIC 118

FIGURE 40 EU TELEHOME VS. TELEHOSPITAL/CLINIC MARKET

SHARES, 2010–2016 (%) . 119

COUNTRY MARKETS 119

FIGURE 41 EU TELEMEDICINE MARKET BY COUNTRY, 2010 AND

2016 (%) 120

TABLE 32 EU TELEHOME AND TELEHOSPITAL MARKET BY

COUNTRY, THROUGH 2016 ($ MILLIONS) . 121

CHAPTER ELEVEN: JAPANESE MARKET . 122

SUMMARY 122

FIGURE 42 JAPAN TELEMEDICINE MARKET, 2010-2016 ($

MILLIONS) 122

MARKET SEGMENTS . 122

TELEHOME VS. TELEHOSPITAL/CLINIC 122

TABLE 33 JAPAN TELEMEDICINE MARKET, THROUGH 2016 ($

MILLIONS) 123

FIGURE 43 JAPAN TELEHOME VS. TELEHOSPITAL/CLINIC

SEGMENTS, 2010-2016 (%) . 123

CHAPTER TWELVE OTHER GEOGRAPHICAL MARKETS 124

SUMMARY 124

FIGURE 44 TELEMEDICINE MARKET IN OTHER COUNTRIES,

THROUGH 2016 ($ MILLIONS). 124

MARKET SEGMENTS . 124

TELEHOME VS. TELEHOSPITAL/CLINIC 124

TABLE 34 OTHER COUNTRIES TELEMEDICINE MARKET,

THROUGH 2016 ($ MILLIONS). 125

FIGURE 45 OTHER COUNTRIES TELEHOME VS.

TELEHOSPITAL/CLINIC MARKET SHARES, 2010–2016 (%) 125

COUNTRY MARKETS 126

TABLE 35 OTHER COUNTRIES TELEHOME AND TELEHOSPITAL

MARKET BY COUNTRY, THROUGH 2016 ($ MILLIONS) 126

FIGURE 46 OTHER COUNTRIES TELEMEDICINE INDIVIDUAL

COUNTRY SHARES, 2010 AND 2016 (%) . 127

CHAPTER THIRTEEN: CONCLUSIONS 128

TELEMEDICINE IS A KEY DECIDING FACTOR IN INCREASING

COMPANIES' SHARE OF THE E-HEALTHCARE MARKET . 128

TELEMEDICINE IS GAINING ACCEPTANCE 128

TELEMEDICINE WILL ONLY REALIZE ITS FULL MARKET

POTENTIAL AFTER ITS FULL INTEGRATION WITH THE

HEALTHCARE SYSTEM . 128

DESPITE NO CLEAR POLICY ON REIMBURSEMENTS,

HEALTHCARE PLAYERS ARE ACTIVELY PURSUING

TELEMEDICINE 129

RELIABILITY IS THE KEY BUYING CRITERIA FOR

TELEMEDICINE TECHNOLOGY . 129

TELEMEDICINE OFFERS A POTENTIAL ONE-STOP SOLUTION

FOR TELEHOME AND TELEHOSPITAL 129

TELEMEDICINE IS CREATING OPPORTUNITIES FOR ALL

STAKEHOLDERS . 130

APPENDIX A: COMPANY PROFILES . 131

TELEMEDICINE HARDWARE SUPPLIERS 131

AEROTEL MEDICAL SYSTEMS LTD. 131

CARDIOCOM . 131

INTERNATIONAL BUSINESS MACHINES CORP. . 131

INTOUCH TECHNOLOGIES . 132

MEDICAL INTERNATIONAL RESEARCH 133

MEDTRONIC INC. 133

ROCHE DIAGNOSTICS . 133

SIEMENS HEALTHCARE 134

TELEMEDICINE SOFTWARE PROVIDERS . 134

3M HEALTH INFORMATION SYSTEMS . 134

ALLSCRIPTS HEALTHCARE SOLUTIONS INC. 135

AGFA HEALTHCARE NV . 135

MEDIC4ALL . 135

NUMERA 136

VAMSTEC 136

VIDEOCONFERENCING COMPANIES 137

DOCTORS TELEHEALTH NETWORK . 137

EUROMED NETWORKS 137

LIFESIZE COMMUNICATIONS 138

POLYCOM 138

SONY CORP. OF AMERICA . 138

TANDBERG LLC . 139

VCON INTERNATIONAL . 139

TELECOM PLAYERS 139

ALCATEL-LUCENT 139

AT&T 140

CISCO . 140

VERIZON COMMUNICATIONS INC. . 141

TELEMEDICINE INTEGRATORS . 141

AMD TELEMEDICINE INC. 141

AMERICAN TELECARE INC. 141

CYBERNET MEDICAL CORP. . 142

HONEYWELL HOMMED . 142

LIFEWATCH AG . 143

ROBERT BOSCH HEALTHCARE 143

SHL TELEMEDICINE LTD. . 144

VITEL INC. 144

VITERION TELEHEALTHCARE . 145

ZYDACRON 145

HOSPITALS 145

APOLLO HOSPITALS . 145

JOHNS HOPKINS MEDICINE . 146

MASSACHUSETTS GENERAL HOSPITAL 146

KANSAS UNIVERSITY CENTER FOR TELEMEDICINE AND

TELEHEALTH 147

UNIVERSITY OF PITTSBURGH MEDICAL CENTER 147

UNIVERSITY OF KENTUCKY CHANDLER HOSPITAL 147

APPENDIX B: TELEMEDICINE PROGRAMS STUDIED 148

TABLE 36 TELEMEDICINE PROGRAMS STUDIED 148

TABLE 36 (CONTINUED) . 149

TABLE 36 (CONTINUED) . 150

TABLE 36 (CONTINUED) . 151

TABLE 36 (CONTINUED) . 152

TABLE 36 (CONTINUED) 153

TABLE 36 (CONTINUED) . 154

TABLE 36 (CONTINUED) . 155

TABLE 36 (CONTINUED) . 156

TABLE 36 (CONTINUED) 157

TABLE 36 (CONTINUED) 158

TABLE 36 (CONTINUED) . 159

TABLE 36 (CONTINUED) 160

TABLE 36 (CONTINUED) 161

TABLE 36 (CONTINUED) . 162

TABLE 36 (CONTINUED) . 163

TABLE 36 (CONTINUED) . 164

TABLE 36 (CONTINUED) . 165

TABLE 36 (CONTINUED) . 166

APPENDIX C: ACRONYMS 167

ACRONYMS 167

ACRONYMS (CONTINUED) 168

To order this report:e-Healthcare Industry: Global Markets for Telemedicine Technologies

More  Market Research Report

Check our  Industry Analysis and Insights

Nicolas Bombourg

Reportlinker

Email: [email protected]

US: (805)652-2626

Intl: +1 805-652-2626

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