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market-insider · 7 months ago
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Orthopedic Devices Market Trends: Harnessing Technology for Orthopedic Advancements
The global orthopedic devices market size is anticipated to reach USD 103.9 billion by 2030 and it is projected to grow at a CAGR of 5.3% from 2024 - 2030, according to a new report by Grand View Research, Inc. Major factors driving the market growth include high demand for orthopedic surgeries due to rising road accidents and prevalence of orthopedic diseases. Rise in geriatric population prone to orthopedic conditions primarily drives the global demand for orthopedic solutions. Effects of aging, such as lowering bone density and weakening of bones due to excessive loss of bone mass, are prominent in people from 25 to 54 years of age and becomes more noticeable after 55 years.
Orthopedic Devices Market Report Highlights
Based on products, orthopedic implants segment held the majority share of the market in 2023, with a revenue of USD 37.1 billion owing to rapidly rising number of knee surgeries, hip replacement surgeries, and spinal implant surgeries
Based on end-use, hospitals segment held the majority market share in 2023, with a revenue of USD 42.6 billion. This can be attributed to significant infrastructure advancements and availability of world-class treatment solutions
North America captured the largest market share of 46.2% in 2022 owing to the presence of a large number of major market players and high adoption of advanced technologies are the major driving factors
Asia Pacific is anticipated to witness the fastest CAGR of 7.7% over the forecast period. Presence of a largely untapped market and supportive government regulations are expected to fuel the market growth in this region.
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High adoption of minimally invasive surgeries and an increasing number of sports and road traffic accidents are expected to fuel growth of the market during the forecast period. Arthroscopy, minimally invasive total joint replacement, and spine surgeries are some of the newly adopted minimally invasive surgeries. Stringent procedures of regulatory approvals are anticipated to hinder market growth over the forecast period. In addition, high cost of devices and surgeries are some other factors likely to impede growth.
COVID-19 pandemic had a significant impact on the market. Elective orthopedic surgeries were postponed allocating resources for COVID-19 patients, leading to reduced demand. However, over time, the market adapted, focusing on infection control, remote consultations, and tele-rehabilitation. This pandemic accelerated digital health adoption, and implant materials evolved for patient safety.
Moreover, key players in the market, such as NuVasive, Inc.; Medtronic plc; Stryker Corporation; Zimmer Biomet; and Smith+Nephew, among others, are engaging in strategic initiatives such as partnerships, collaborations, new product launches, acquisitions, and expansions to strengthen their market position. In January 2022, Smith+Nephew acquired Engage Surgical, which is involved in manufacturing cementless knee systems in the U.S. This acquisition is anticipated to enhance company’s position in meniscal tear solutions and other knee arthroscopy devices.
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carematehomehealthcare · 1 year ago
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Navigating the Path to Recovery: Physical therapy Explored
From the vibrant streets of Minneapolis to the serene landscapes of the North Shore, Minnesota boasts of not just natural beauty but also a robust healthcare infrastructure. Among the various medical services that have witnessed a surge in popularity and necessity is physical therapy. Dive deep into the world of physical therapy and uncover the myriad ways it's reshaping the journey to holistic well-being.
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1. The Emergence of physical therapy in Minnesota
Physical therapy, though an ancient practice, has seen a renaissance of sorts in recent years. In Minnesota, this resurgence is attributed to a blend of factors: • Rising Sports Culture: With an active sporting community, injuries are inevitable, making physical therapy indispensable. • Aging Population: The elderly benefit immensely from physical therapy, enhancing mobility and reducing pain. • Chronic Pain Management: A non-invasive solution for those grappling with long-term pain.
2. Services Under the Umbrella of Physical therapy
Physical therapy is not a one-size-fits-all solution. It's a spectrum of specialized services tailored to individual needs: • Orthopedic Therapy: Focusing on musculoskeletal injuries and disorders. • Neurological Therapy: Catering to conditions like stroke, spinal cord injuries, and Parkinson's. • Pediatric Therapy: Tailored for children and addressing developmental delays or injuries. • Geriatric Therapy: Addressing age-related issues like arthritis or osteoporosis.
3. Benefits: Why Physical Therapy is the Way Forward
Engaging in physical therapy offers a plethora of advantages: Non-Invasive: Unlike surgical interventions, physical therapy in Minnesota focuses on natural healing. Customized Care: Each treatment plan is tailored to the patient's specific needs and progress. Improved Mobility: Enhance flexibility, strength, and overall movement. Pain Management: Offers relief from chronic pain without dependency on medication.
4. Selecting the Right Physical Therapy Center in Minnesota
With numerous facilities dotting the state, making an informed choice is crucial.
Considerations in Making a Choice:
1. Credentials: Ensure the facility and therapists are licensed and accredited. 2. Specializations: Does the center offer specialized services tailored to your needs? 3. Reputation: Seek reviews and personal recommendations. 4. Insurance Compatibility: Confirm whether the services are covered under your health insurance.
5. The Integration of Technology in Physical Therapy
Minnesota, known for its innovation in various sectors, infuses technology seamlessly into physical therapy: • Virtual Reality (VR): Offers simulated environments for effective therapies. • Wearable Devices: Monitors movement and provides real-time feedback. • Tele-rehabilitation: Virtual consultations and sessions, particularly beneficial in current times.
6. Training and Development: Ensuring Top-notch Physical therapy
The state emphasizes the importance of continuous learning in the realm of physical therapy.
Key Focus Areas:
• Regular Workshops: Keeping therapists updated with the latest techniques. • State Conferences: A platform for professionals to share knowledge and best practices. • International Collaborations: Partnering with global institutions for knowledge exchange.
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7. Patient Stories: The Real-life Impact of Physical Therapy
Mark from St. Paul shares: “After my car accident, I was told I might never walk without support. But thanks to dedicated physical therapy, I not only walk but also run today. It's a journey of rediscovering oneself.” Such testimonials highlight the transformative power of physical therapy.
8. The Road Ahead: The Future of Physical therapy
With advancements in technology and deeper understanding of the human body, the horizon looks promising: • Integrative Approaches: Combining physical therapy with alternative therapies like acupuncture. • AI-Powered Rehabilitation: Using artificial intelligence to predict and guide therapy outcomes. • Home-based Therapies: With the rise of telehealth, more patients can access therapy from the comfort of their homes. Physical therapy in Minnesota is not just a medical service; it’s a testament to the human spirit's resilience and the desire to reclaim one’s life. As this therapeutic domain evolves, it continues to offer hope, healing, and a promise of a better tomorrow. Embracing this form of therapy is a step towards a healthier, more active, and pain-free life.
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geriatrichealthcare · 1 year ago
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Physical and Mental Fitness in Later Life: The Active Age Handbook
Maintaining a healthy lifestyle as we age necessitates keeping our minds and bodies busy. Physical exercise is recommended by the World Health Organisation (WHO) to promote good ageing and avoid several health problems. Keeping your mind sharp and your brain healthy may also lower your chances of developing dementia.
Maintaining a good quality of life as we age necessitates that we keep moving and involved. In this article, we'll discuss active ageing and its effects on our physical and mental well-being, as measured by metrics like the My Healthscore, Pharmony, and Quality of Life.
Wellness in Later Life
Keeping oneself emotionally, physically, and socially active as one becomes older is what is meant by "active ageing." Keeping up a regular exercise routine might help lower your chances of developing serious health problems later in life. Consistent exercise has been linked to better mental health, lower stress levels, and an enhanced quality of life.
Emotional Well-Being and Active Ageing
Using My Healthscore, we may monitor our health status over time. We may learn more about our present health condition and make more educated judgements about how to improve it by evaluating critical health indicators like blood pressure, cholesterol, and body mass index (BMI). My Healthscore and the chance of developing chronic diseases are both positively impacted by regular exercise and other forms of physical activity.
Active Ageing and Pharmony
Pharmony is the practise of bringing about a state of internal peace and harmony. For optimal health and happiness as we age, it's crucial to keep our minds, bodies, and relationships in harmony via a variety of pursuits. Keeping physically active has been shown to have positive effects on both mental health and the chance of developing chronic diseases. By continuing to participate in our Geriatric Tele Consultation, you will become more socially involved, so boosting your mental health and decreasing your likelihood of being socially isolated.
Optimal Health and the Joys of Later Life
Indicative of our health and happiness is our quality of life. It's a gauge of how happy and fulfilled we are with our lives in general, including in terms of our physical, mental, and social well-being. Improve your quality of life and have a happier later life by engaging in Restory Geriatric Healthcare that encourages physical, mental, and social activity.
Suggestions for Healthy Ageing
Here are some suggestions for maintaining cognitive, emotional, and interpersonal health as we become older:
Exercise on a regular basis by doing things like walking, swimming, or cycling.
Keep your mind sharp by engaging in Restory with tough puzzles, games, or other cerebral pursuits, and keep your social life vibrant by spending time with loved ones, making new connections, and giving back to the community.
Consume a diet rich in fruits, vegetables, and whole grains, and get a good night's sleep every night to assist your body and mind recuperate from the day's activities.
Conclusion
A great quality of life and continued physical and mental well-being as we age depend on our ability to age actively. By keeping our minds, bodies, and social lives busy with Restory may lessen the likelihood of developing serious health problems, boost our psychological and emotional health, and live happier, more fulfilled lives. So, let's embrace active ageing and strive to improve our quality of life as we become older.
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healthcaremarketfmi · 1 year ago
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Telehealth and Telemedicine Market In-depth Analysis by Trends, Dynamics, Drivers, Challenges and Growth Factors by 2033
We are excited to announce the groundbreaking advancements in Telehealth and Telemedicine, reshaping the landscape of healthcare delivery and empowering patients and providers alike. These transformative technologies leverage the power of digital communication and remote monitoring to expand access to healthcare services, improve patient outcomes, and enhance the overall efficiency of healthcare systems.
Telehealth and Telemedicine encompass a range of technologies and services that enable remote healthcare consultations, diagnosis, treatment, and monitoring. Through the use of secure video conferencing, mobile applications, remote monitoring devices, and electronic health records, patients can connect with healthcare professionals from the comfort of their homes or other remote locations. These technologies eliminate geographical barriers and enhance convenience, particularly for individuals with limited mobility, those in rural areas, or those in need of specialized care.
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During the projected period, the global demand for Telehealth And Telemedicine Market is predicted to develop at a CAGR of 26.6 percent, reaching US$ 285.7 billion by 2027, up from an estimated US$ 87.8 billion in 2022.
The growing geriatric and medically underserved (especially rural) populations, the rising prevalence of chronic health conditions, the benefits of telemedicine considering the prevailing scarcity of healthcare professionals and care staff, and progressions in telecommunications, as well as rising user acceptance, are all driving growth in the telehealth and telemedicine market share.
In the aftermath of COVID-19 During the projected period, however, regional variances in rules, the likelihood of fraud, and the usage of social media for care provision will have a detrimental impact on market growth.
In recent years, telehealth technology has experienced enormous expansion. It not only allows patients to communicate with doctors over the internet, but it can also help to save healthcare costs. Because of these benefits, physicians and hospitals are eager to incorporate digital health technologies and telemedicine requirements into their practices. This has prompted the government to adopt telehealth-related rules and reimbursement standards.
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While lowering emergency room visits, hospitalization, primary care utilization, long-term care, home admissions, and patient travel costs, telehealth and telemedicine, particularly remote patient monitoring (RPM)/tele-homecare, can improve patient self-management, medication compliance, clinical outcomes, and patient & provider satisfaction. End-user demand for telehealth technology is being fueled by these benefits.
As per the recent telehealth and telemedicine market study, growth of the industry is hampered by a lack of infrastructure and technological barriers.
Adoption of the service may be hampered by technological and infrastructure hurdles in medium and low-income countries. For the integration and transmission of medical data, digital health methods involve the latest telecommunication gear, high-speed internet with high bandwidth, and storage capacity, which is still a challenge in many developing nations.
Furthermore, the high cost of installation and the scarcity of qualified healthcare professionals are two main challenges limiting the telehealth and telemedicine market share expansion.
As medical delivery adjusts to the widespread use of telehealth, there appears to be considerable potential in analytics, AI, and machine learning. As a result, data-driven analytics is a crucial part of assuring telehealth’s efficacy and efficiency and for the evolution of telehealth.
Telemedicine saves money for the users as compared to traditional approaches. The benefits of telemedicine include lowered healthcare costs while boosting efficiency, thanks to better chronic illness management, shorter travel times, pooled health professional staffing, and fewer and shorter hospital stays.
As a result of all of the identified components, the market is predicted to grow rapidly over the projected timeline.
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restoryhealthytech · 2 years ago
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wemresearch · 2 years ago
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Tele Intensive Care Unit (ICU) Market Growth, Size, Analysis, Outlook by Trends, Opportunities and Forecast to 2030
The Global Tele Intensive Care Units (ICU) Market Size Is Projected to reach a valuation of USD 10.66 Billion by 2030 , at a CAGR of 14.28% Over The Forecast Period of 2022 to 2030.
A telemedicine application called Tele-Intensive Care ICU (Tele-ICU) deals with the critical care of a patient in a hospital. With the aid of audiovisual communication and monitoring equipment, tele-ICU helps to connect the bedside ICU staff with the critical care team at a remote site. A Tele-ICU system consists of hardware that gathers patient data and transmits it via a command centre from the remote ICU to the physician at a different location. The physiological state of the patient, their treatment, and their medical records are among the data that the ICU system collects and transmits.
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The tele-intensive care unit (ICU) market is divided into three categories in the report: centralised, decentralised, and other approaches. The tele intensive care unit market is divided into hardware and software segments based on component. Additional categories for the hardware segment include video display panels, communication lines, therapeutic equipment, computer systems, and others like medical records and video feeds.
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Tele Intensive Care Unit (ICU) Market: Key Trends
Therapeutic Device Sub-Segment is anticipated to hold the major share in the Hardware Segment
The therapeutic device sub-segment is anticipated to have a substantial market share. Since telemedicine has witnessed high success rates in patients needing critical care, the role of telemedicine through the therapeutic device is undeniable. Therapeutic devices have emerged as a valuable link between large and small hospitals to deliver high-quality healthcare. Therapeutic devices have acquired success in diagnosis, transferring cancer/neurological – examinations, and consultations, across various developed countries. Therapeutic devices play a primary role and are highly useful in the decentralized tele-ICU. The first dedicated Robot-Assisted Cardiac Surgery Unit was launched by Apollo Hospital Bangalore in India in 2019. Rising Numbers of Geriatric Population and Chronic Disease Patients Have increased the demand
Growing numbers of patients suffering from chronic diseases have augmented the demand for the global tele-intensive care unit (ICU) market. Additionally, rising preference for shorter stays in hospital with the help of advanced healthcare technologies has also fueled the demand for the tele intensive care unit (ICU) market. Another key factor that has boosted market demand is that this application helps in vital sign deviation and alerts clinicians with alarms. Furthermore, growing geriatric population in developed countries is likely to augment market growth, as old age people tend to suffer from various health issues. Therefore, a huge populace base of the geriatric population is anticipated to contribute to a significant market expansion in the ensuing years. Tele Intensive Care Unit (ICU) Market: COVID 19 Impact
The COVID-19 pandemic is spreading across the globe, and advanced methods are needed to treat the severely affected patients. Telemedicine is among the latest technologies receiving a lot of attention during the current pandemic. Numerous initiatives and steps have been taken by various government agencies as well as market players involved in tele ICU which in turn is expected to propel the market's growth. In July 2020, physician anaesthesiologists of the New Hampshire Society of Anaesthesiologists (NHSA) created a Tele-intensive Care Unit (Tele-ICU) hub that is intended to work with doctors in rural hospitals to ensure that patients infected across the state receive the best critical expert care for free, while being treated within Chicago. In August 2020, Advanced ICU Care launched the comprehensive tele-ICU services in partnership with the CentraState Medical Center in New Jersey. In light of these aspects, this pandemic is expected to have a positive impact on the industry examined. Tele Intensive Care Unit (ICU) Market: Segmentation Analysis
Tele Intensive Care Unit (ICU) Market based on model type • Centralized Models • Decentralized Models • Others
The centralized market was accounted for capturing a high market share of 52.5% in 2017 and is anticipated to showcase similar expansion trends over the forecast duration.
Top Key Players:-
Advanced ICU Care
Koninklijke Philips N.V.
UPMC
TeleICUCare
Eagle Telemedicine
Apollo Tele Health Services
SOC Telemed
INTeleICU
Hicuity Health
Eagle Telemedicine
iMDsoft
Inova
Teladoc Health Inc.
Banner Health
Ceiba Healthcare
CLEW Medical Ltd
VeeMed
Philips N.V.
Intercept Telemed
Cloudphysician Healthcare Pvt. Ltd
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ijcmcrjournal · 2 years ago
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Telehealth and COVID-19 pandemic reshape cardiology? In INDIA. Why and how? Telehealth and COVID-19 in INDIA by Rama Kumari N*
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Introduction
The emergence of the novel coronavirus infection (COVID-19) began a series of unparalleled changes in healthcare systems worldwide. The coronavirus disease 2019 (COVID-19) pandemic has led to disruption in every aspect of cardiovascular care delivery. After the initial wave of COVID-19 infection subsides, subsequent surge(s) of acute cardiovascular disease (CVD) presentations are expected due to the "double hit" from suspended clinic visits/elective procedures and delays in seeking timely care from patients' fears and misconceptions of quarantine orders [1]. The adverse impact on cardiovascular care delivery and outcomes will likely be long-lasting if our health systems do not adapt quickly and efficiently. In the setting of the COVID-19 pandemic, a tremendous opportunity arises for implementation and development of primary and secondary cardiovascular prevention via telehealth platforms. Telehealth encompasses, but is not limited to, real-time consultation using audio/video communication technology instead of in-person visits, as well as mobile health and tele monitoring. Medical services in CVD prevention are particularly well suited for transitioning to telehealth platforms as interventions are cantered largely on counselling and are most effective with regular check-in (in-person or virtual) to reinforce good prevention practices. The timely delivery of CVD prevention services, which may be implemented virtually, can help modify risk factors associated with increased morbidity and mortality in patients infected with COVID-19. Moreover, CVD prevention can help alleviate pressure on hospitals by reducing acute presentation of CVD among non-COVID-19 individuals. When we reach the “end” of the COVID era, how will our lives have been changed as practicing cardiologists, Fellows –In- Training (FIT), and human beings in society at large?
The Practice of Cardiology
Disease burden:
Another major focus for providers will be long-term risk reduction of CVD. Prior studies among patients with hypertension and diabetes have demonstrated that self-monitoring, when coupled with counselling/tele-counselling, web/phone-based feedback and education resulted in clinically significant improvement of blood pressure, haemoglobin A1c, and low-density lipoprotein cholesterol (LDL-C) [2-3]. In the setting of the COVID-19 pandemic, when routine clinic visits are often delayed or cancelled, the impact of telehealth interventions for risk factor modification may be even greater. Barriers for patients to utilize telehealth may include limited resources or limited health literacy and for the geriatric population, facility with electronic communication platforms as well as impaired vision or hearing, which can make virtual communication difficult. Special considerations must be taken to address delivery of care in these at-risk populations.
From an in-patient perspective, we are witnessing multi organ damage from COVID-19, including thrombotic sequelae, marked kidney injury, and cardiac arrhythmias. As cardiologists, we should expect an influx of outpatients who suffered cardiac complications from COVID or for whom hospitalization unmasked conditions of hypertension, diabetes, coronary artery disease, or cardiomyopathy [4].
Globally, there has been a marked decline in non-COVID medical disease presenting to hospitals, such as Myocardial Infarctions (MI) [5]. Theories abound on whether the decrease in MI represents an actual reduction with at-risk individuals abstaining from triggers or whether patients are avoiding the health care system and infracting at home. In COVID patients, electrocardiographic abnormalities consistent with acute MI do not always represent obstructive coronary disease [6]. As true ST-segment elevation MI volumes resurge, discussions favouring fibrinolysis, recently resurrected to reduce personnel exposure and due to delays in door-to-balloon time, should diminish, to re-emphasize primary percutaneous coronary intervention as the standard of care [7].
Financial burden:
Hospital systems and private practices have suffered considerable financial losses in prioritizing care for patients with COVID-19 coupled with a precipitous decline in elective procedures.
Tele-health in developing countries:
One of the silver linings of this human crisis has been cardiology engagement with 21st century technology. Even though the opportunity to perform video visits has been present for over a decade it has taken a pandemic for telemedicine to be nationally accepted.
In the setting of the COVID-19 pandemic, when routine clinic visits are often delayed or cancelled, the impact of telehealth interventions for risk factor modification may be even greater. Barriers for patients to utilize telehealth may include limited resources or limited health literacy and for the geriatric population, facility with electronic communication platforms as well as impaired vision or hearing, which can make virtual communication difficult in under developed countries. Special considerations must be taken to address delivery of care in these at-risk populations.
Conferences:
National conferences, the broadening of the COVID-19 outbreak resulted in mass cancellations of cardiology meetings that were expected to attract hundreds of thousands of participants. Organizers scrambled to find innovative solutions to absorb the impact of those cancellations, such as the offering of essential components of the meeting on virtual platforms. While the success of this approach is yet to be determined, debates on the relevance of live conferences in the modern era have resurfaced. Arguments were made on the diminishing value of in-person meetings in view of the growth in multisource and online education. However, proponents of live meetings suggest that those serve additional purposes beyond dissemination of medical knowledge including the offering of a platform for networking, hands-on training, and cross-discipline learning. The impact of COVID-19 on future cardiology meetings is difficult to predict, but it is likely that the majority of those meetings will include a mature ‘virtual’ option that may attract an increasing audience, and perhaps one that is more diverse given the challenges of travel for physicians with young families, caregiving responsibilities for elderly parents, physicians with disabilities, or colleagues with limited funding.
Fellows-in-training:
In the past months, FITs have learned skills in critical care, virology, and palliative medicine as frontline providers. Yet, we must remain committed to core cardiology education. Despite the Accreditation
Council for Graduate Medical Education’s way to cancel conferences in pandemic emergency status, we have resisted this, deciding that maintaining education provides stability in disruptive times. Video conferencing has been a success, with widespread participation of fellows and faculty. Whereas live lectures will gradually return, video conferencing will persist in parallel with improved HIPAA (Health Insurance Portability and Accountability Act of 1996)-compliant platforms and inter institutional sharing. Virtual education is being embraced at international levels. There were over 38,000 attendees representing more than 135 countries at the virtual American College of Cardiology/World Congress of Cardiology Scientific Sessions this year, validating the concept that online learning is far-reaching and inclusive for trainees who may not be able to participate due to financial or logistical reasons. Loss of rotations and cases has also imperilled fellows in many programs to fall short of procedural requirements. For some, this will mean extension of training pathways, but it will also force educators to reconsider how we teach. Simulation training platforms can provide virtual repetition and pattern recognition for procedures such as transthoracic or trans-oephageal echocardiography, vascular access, and even structural heart interventions. The distinction between procedural competency and procedure.
Community-based impact:
With many in self isolation, the community-based impact of COVID-19 on cardiovascular health will be important to monitor. Exercise programs via online platforms have become pervasive, but will they be enough to counter inactivity while at home? The COVID-19 pandemic will leave a profound imprint on cardiologists, trainees, and society for years to come (Figure 1) [8]. We will have supported each other to the best of our ability, understanding that the mental health sequelae for health care professionals will be important to address. As with in-person counselling, lifestyle counselling regarding diet, physical activity, and weight loss can also be readily performed on telehealth platforms. Such interventions should be specific and personalized, accounting for potential socioeconomic barriers or physical limitations. Telehealth may enhance understanding of socioeconomic barriers to care by allowing the provider a glimpse directly into the patient's home. Another area of importance that can be addressed by telehealth is medication refill and adherence. Routine clinic visits afford clinicians the opportunity to evaluate and reinforce medication adherence, make necessary adjustments, and refill medications. When implementing telemedicine, providers must familiarize themselves with the liability, licensure, billing and documentation requirements as pertaining to their individual practice. To facilitate workflow, providers may consider setting aside a block of time for scheduled tele-visits and co-ordinate with patients prior to the visit to ensure availability and ascertain familiarity with the communication platform.
Conclusion
Telehealth has provided clinicians a temporary recourse to continue delivering high-quality medical care to patients during the COVID-19 pandemic. For CVD prevention, however, the amplified interest in telehealth among providers and expansion in coverage by insurance has aligned to create a rare opportunity to improve care delivery. Clinicians, health systems and public policy makers should continue to build upon this momentum to incorporate telehealth care delivery into CVD prevention practices in long-term.
Cardiovascular Practice, Education, and Environment
Conflict of Interest
None
Ethical Committee Approval
Not necessary
For more information about Article : https://ijclinmedcasereports.com/
https://ijclinmedcasereports.com/ijcmcr-ed-id-00121/ https://ijclinmedcasereports.com/pdf/IJCMCR-ED-00121.pdf
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industryinsights · 3 years ago
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Tele-Intensive Care Unit Market Share, Key Players, Trends & Forecast Till 2027
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Tele-intensive care unit (ICU) are used for the management of various medical complications and to treat critically ill patients by using off-site clinical resources. Tele-intensive care units (ICU) are part of telemedicine, and it uses advanced technology to carry out activities such as monitoring, treatment, and rehabilitation.
The rising geriatric population, technological advancements in the healthcare sector, increasing occurrence of chronic disorders in the developed and developing countries, and increasing cases of patients affected by neurological disorders across the globe are the major factors driving the growth of the global tele-intensive care unit (ICU) market. Additionally, increasing R&D spending and aggressive strategies adopted by the top players are fueling the growth of the market during the forecast period. According to the World Health Organization and International Agency for Research on Cancer (IARC) reported that in 2018, there were 18.1 million new cases of cancer which is projected to reach 43.8 million over the next five years. The rising worldwide prevalence of cancer is propelling the demand for tele-intensive care unit (ICU), thereby supporting market growth.
The high costs associated with establishments of tele-intensive care unit (ICU) and lack of reimbursement policy are likely to hinder the market growth during the forecast period.
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Segmentation
The global tele-intensive care unit (ICU) market has been classified on the basis of component and type of management.
Based on component, the market has been classified as hardware and software. The market, by hardware, has been further segmented into computer system, communication lines, physiological monitors, therapeutic devices, video feeds, and others.
On the basis of management, the market has been segmented into intensivist, open, co-managed, open with a consultant, and other types of management.
Key Players
Some of the key players in the global tele-intensive care unit (ICU) market are Intouch Technologies, Inc., SOC Telemed, Advanced Icu Care, UPMC, Banner Health, Teleicucare, Koninklijke Philips N.V., Eagle Telemedicine, Apollo TeleHealth Services, and Inteleicu1.
Regional Analysis
The Americas are likely to dominate the global Tele-Intensive Care Unit (ICU) market owing to the technological advancements related to healthcare, rising cases of chronic disorders, and an increasing number of hospitals in the regions. The European market is expected to be the second-largest Tele-Intensive Care Unit (ICU) market due to the rising demand of healthcare systems which can provide real-time data, the surge in cases of neurological disorders in the European region, and government funding and support of the healthcare sector. Moreover, the market in Asia-Pacific is anticipated to be the fastest-growing during the forecast period owing to the rising geriatric population, increasing investments in healthcare, and expansions by market players in the region. The market in the Middle East & Africa is likely to account for the smallest share of the global tele-intensive care unit (ICU) market.
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blueweave · 3 years ago
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Vietnam Telemedicine Market Slated to Amass Considerable Revenue—Projected to Grow at a CAGR of 16.1% during 2022-2028 | BlueWeave
Vietnam telemedicine market is exhibiting impressive growth due to the growing geriatric population and investment from the government in the development of advanced healthcare infrastructure in the country. Additionally, Vietnam’s golden population structure is also pushing the market forward…
A study, recently conducted by the strategic consulting and market research firm, BlueWeave Consulting, revealed that the Vietnam telemedicine market is flourishing and projected to grow at a CAGR of 16.1% during the forecast period (2022-2028). The telemedicine market in Vietnam is growing owing to the growing adoption of Artificial Intelligence, Machine Learning, and other advanced technologies. Furthermore, the growing geriatric population, and increasing internet and smartphone penetration in the country are also propelling the market forward. Additionally, increasing investment from the government to develop & reinforce the healthcare infrastructure of the country is expected to create lucrative opportunities for the growth of the telemedicine market in Vietnam.
Vietnam’s Growing Geriatric Population propelling Vietnam Telemedicine Market Forward
Vietnam is the 8th most populous country in Asia and the 3rd most populous in Southeast Asia, after Indonesia and the Philippines, according to the 2019 Revision of the World Population Prospects. The World Bank reports that Vietnam is on brink of an aging population. In 2015, Vietnam became an aging society, and the World Bank estimates it will be an aged society by 2035, making it one of the fastest aging countries in the world.
As Vietnam's aging population grows more rapidly than its birth rate, Vietnam's healthcare facilities will be strained and the demand for healthcare services will rise across the country. The integration of AI, machine learning, and Big Data can help companies launch geriatric care services. Thus, new and advanced technologies, such as remote patient monitoring and remote diagnosis are expected to be in high demand during the forecast period, thereby driving the growth of the Vietnam telemedicine market.
Golden population structure of Vietnam is expected to present opportunity for the growth of the Vietnam telemedicine market
Vietnam has undergone significant demographic changes in the last three decades, with a drop in people under the age of 15 years while an increase in people aged 15-64 years. Therefore, Viet Nam is currently experiencing a golden age of population structure, which means there is only one dependent out of every two employed people.
Vietnamese millennials have contributed significantly to the country's economic growth in recent years, and they are expected to push toward becoming a developed country in the coming years. The age group of 15-64 years represents a favorable demographic for the adoption of innovative science and technology and is expected to stimulate demand for consumer healthcare electronics throughout the forecast period, creating opportunities for growth of the Vietnam telemedicine market.
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Services Segment Hold the Largest Share in the Vietnam Telemedicine Market
Based on components, the Vietnam telemedicine market is segmented into software, services, and hardware. In 2021, the services segment dominated the market and held the largest share owing to the surging demand for telemedicine services. Due to the lockdown and travel restrictions, people were unable to see doctors face-to-face, and services, such as telepathology, telecardiology, teleradiology, tele-dermatology, telepsychiatry, and others witnessed high demand, supporting the dominant share of the services segment in the Vietnam telemedicine market.
Impact of COVID-19 on the Vietnam Telemedicine Market
The ongoing COVID-19-pandemic has created a growing demand for telemedicine in the country and has contributed to the growth of the Vietnam telemedicine market. The surging number of COVID-19 cases in the country strained the healthcare industry of the country and in the hour of need, telemedicine companies came forward. By August 2021, Vietnam was battling the fourth COVID-19 wave in the country and telemedicine startups like Docoscan offered free teleconsulting to ease the pressure on the healthcare system. Now, with the emergence of the highly transmissible Omicron variant, cases of COVID-19 are surging again and it is expected to contribute to the growth of the telemedicine market in Vietnam in the coming years.
Vietnam Telemedicine Market- Competitive Landscape
Some of the key players in the Vietnam telemedicine market include Viettel Group, Vietnam Posts and Telecommunications Group (VNPT), FPT Group, Doctor Anywhere, BuyMed, VieVie Healthcare, JioHealth, Med247, eDoctor, MyDoc, and others prominent players.
The increasing government investment in developing the healthcare infrastructure in the country and initiatives to implement advanced technologies, such as AI, machine learning, Big Data, and others in the healthcare industry, are driving stiff competition within the market. Furthermore, the Vietnamese government is collaborating with foreign companies to invest in the country’s healthcare sector, which has increased competition in the market.
Recent Developments
In September 2021, Japanese trading house, Sumitomo Corporation, reported that it plans to invest tens of millions of dollars in Insmart, one of the regions' fastest-growing managed-care providers to further expand the latter’s services to include telemedicine, along with medication counselling and drug shipping.
In August 2021, Vietnam announced the launch of a Telehealth platform connecting district-level healthcare facilities to make access to healthcare easier, especially during COVID-19. Prime Minister Pham Minh Chinh witnessed doctors of Cho Ray Hospital make telehealth connection with Can Gio Hospital in Ho Chi Minh City, Hau Nghia General Hospital in the southern province of Long An and Thuan An Hospital in the southern province of Binh Duong.
Don’t miss the business opportunity of the Vietnam telemedicine market. Consult our analysts to gain crucial insights and facilitate your business growth.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of the Vietnam telemedicine market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the Vietnam telemedicine market, along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
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straitsresearchblogs · 3 years ago
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Tele-Intensive Care Unit Market: Information by Type (Centralized Model, Decentralized Model), Component (Hardware, Software), and Region— Forecast till 2029
Tele-intensive care enables off-site clinicians to interact with hospital staff to consult on patient care. One care team can manage a colossal number of geographically dispersed ICU locations to exchange health information electronically. Tele-intensive care unit increases patient outcomes and provides standardized treatment at lower costs. In the U.S., development in the healthcare system has enabled the country to offer advanced tele-intensive care with specialty-trained clinicians.
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The tele-intensive care unit market was valued at USD 2,861.29 million in 2019 and is expected to grow with a CAGR of 17.2 % during the forecast period.
Unavailability of Specialized Critical Care Facilities in Remote Areas
Telemedicine Intensive Care Unit (ICU) is a groundbreaking tool for remotely accessing critical care services. Telemedicine enhances ICU outcomes by increasing access to committed intensivist physicians, promoting early detection of clinical worsening, and encouraging bedside providers to adopt standardized evidence-based practices. The tele-ICU is located in remote and rural areas with the unavailability of specialized critical care facilities. The command center interacts with remote ICU staff and provides broadcast pictures and patient clinical data. The doctors and nurses at the remote location provide direct patient care.
Rising demand for remote monitoring and increasing geriatric population drives the market growth. As per the data provided by the World Health Organization (WHO), the global population aged 60 and above is projected to reach about 2 billion by 2050. Governments across the globe are channelizing efforts to provide tele-intensive care with continuous real-time monitoring and remote access to patient data in order to provide effective delivery of healthcare with a shortened hospital stay.
Telemedicine: A Quintessential Solution to Address COVID-19
Globally, the countries are under lockdown in order to limit the spread of the coronavirus. Telemedicine is considered as a quintessential solution to address the global emergency, COVID-19, by restricting patient migration to clinics, allocating hospital resources to critical cases, while curbing the spread of the disease. Companies like PlushCare and EverlyWell plan to release at-home COVID-19 testing kits; similarly, Doctor on Demand and HeyDoctor are providing free coronavirus risk assessments. Additionally, robots are deployed by some of the developed countries to monitor infected patients to limit contact with medical personnel, deliver medical supplies, and disinfect the quarantine wards.
The introduction of innovative telehealth technologies has enabled the doctors to extend their scope, while quarantined, with the ability to examine and treat more patients remotely in a shorter time frame, further reducing the hospital visits. In March 2020, the Health Ministry of India approved the use of telemedicine to treat patients with coronavirus. The Centers for Disease Control and Prevention (CDC) in the U.S. and the National Health Service in the U.K. have recommended the use of telemedicine to identify high-risk patients and treat other illnesses during the outbreak.
Tele-Intensive Care Unit Market: Segmentation
Therapeutic Devices to Bridge the Gap between Small and Large Hospital Chains
The therapeutic devices segment holds the largest market share due to its high success rates for critical care patients. Therapeutic devices bridge the gap between small and large hospital chains and provide higher quality treatment. Today, neurological/cancer tests, examinations, and treatments are available in the remotest areas across the globe due to the advent of therapeutic devices. In the last decade, engineers and clinicians have been able to perform several heart and brain indications, such as stroke therapy, using robotic tools. The tele-ICU therapeutic devices have the ability to help clinicians and caregivers to enhance post-acute treatment, particularly ICU patients.
Centralized Model Segment to Witness Lucrative Growth
The centralized model segment is expected to witness lucrative growth during the forecast period. The segment is backed by the presence of an intensive care specialist that manages the tele-ICU program. The intensivist approach provides successful treatment options to avoid any complications. Tele-ICU offers patient care by a centralized critical care team, often based in a remote location through continuous two-way interaction with the ICU team and patients, utilizing audiovisual computer and communications systems. The segment is projected to witness a profitable growth in the coming years as organizations are now seeking to implement a centralized delivery model without the upfront investment in resources and infrastructures.
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enexticu · 3 years ago
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Specialties that use telemedicine to enhance the quality of care
The aspect of telemedicine was first introduced during the 1970s. However, it took us more than 50 years to thoroughly understand its importance and incorporate the conventional medical system with it. In any case, it seems to be a long-term investment for us, given the number of benefits Tele-ICU brings to the table.
However, let’s talk a bit about the frequency of telemedicine usage in recent years. As per a report, more than 10,000 virtual consultations were hosted via Microsoft teams in 2020. Additionally, during the same year, the overall telehealth visits were increased by 50% too.
Nonetheless, there’s a misconception running around amongst the crowd is that Tele-ICU is only usable for the COVID-19 pandemic. But, that’s entirely wrong.
eNext ICU provides a complete Tele-Health solution by which several other medical specialties are available to rural population as well, which can enhance the reach and quality of treatment massively.
Cardiology
Amongst the most life-threatening diseases, cardiovascular ailments tend to be responsible for most deaths throughout the whole world. As per a report, almost one individual loses their life every thirty-six seconds in the USA due to this reason. Additionally, around one death out of four is caused by cardiovascular diseases in the same region as well. People, who suffer from one cardiovascular disease or another, usually require precise treatment planning and an ongoing care schedule. It can quintessentially be organized by using Telemedicine services by eNext ICU. Additionally, the patient won’t have to visit their physician every week as well. They can undergo medical consultation through the audio-visual feature of the said technology. The reduction in the frequency of visits can be ideal for complying with follow-up directions too.
Nephrology
Telehealth is also being used by nephrologists to give at-home care regimens for patients recuperating from kidney surgery. Nephrologists can provide dialysis assistance and coverage in day care patients as well as admitted patients using Telemedicine.
Geriatrics
As you get old, you will encounter the issue of decreased mobility at one point in your life or another. A report suggests that almost 23% of elderlies don’t (or, can’t) visit a hospice due to the exhaustion caused by traveling. This is yet another aspect where Tele-medicine can be useful for everyone. With this technology, older individuals can connect and consult with their physicians while staying in their house. A doctor can also use various medical devices to monitor their patients from a remote area and get vital information. This way, it will become much easier for them to provide treatment and avoid extreme health concerns.
Oncology
Although the treatment for each cancer is different than the other, it can cause extreme fatigue. It is experienced by around 80% to 100% of people dealing with this issue. To begin with, Tele-ICU will be ideal for the issue of frequent doctor visits. Additionally, it can also help physicians to administer and control medications thoroughly. Besides, administering different treatment plans will be much easier than usual for them as well. They will also get regular reports from the system, which, sequentially, may aid them in offering a meticulous treatment procedure.
Obstetrics and Gynaecology
With the help of Telemedicine, patients who require post-operative care can receive it without having to attend the doctor's office, which is very beneficial for new moms.
CONCLUSION
The uprising of telemedicine did begin during the pre-and post-COVID era. However, since then, it has proved its amazing flexibility and adaptability for almost any form of treatment. Telemedicine complements, not replaces, the present standard of care in health care delivery.
For more details, visit us at:
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techsciresearch · 3 years ago
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Saudi Arabia Telemedicine Market to Grow Due to Technological Advancement until 2026 | TechSci Research
Rising adaption of technological advancement in healthcare is driving the growth of Saudi Arabia Telemedicine Market, in the forecast period, 2022-2026.
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According to TechSci report on, “Saudi Arabia Telemedicine Market By Component (Hardware, Software, Service {Tele-Consulting, Tele-Monitoring, Tele-Education, Tele-Training, Others}) By Deployment Mode (On-Premises v/s Cloud) By Type (Telehospitals, Telehomes, mHealth) By Application (Telepathology, Telecardiology, Teleradiology, Teledermatology, Telepsychiatry, Others) By End User (Hospitals & Clinics, Homecare, Others) By Region, Competition Forecast & Opportunities, 2026”, Saudi Arabia telemedicine market has shown promising growth in historical years until 2019 and is expected to continue its growth in upcoming forecast years 2021 to 2026. Saudi Arabia telemedicine market owes its growth to the factors like rising technological advancement in the healthcare industry.
The availability of the services and solutions for the consumer demands is supporting the growth of the market in the next five years. Increasing prevalence of chronic diseases and growing need for the patient management is expected to further substantiate the growth of the Saudi Arabia telemedicine market in the next five years. Additionally, growing telecommunication network in the country is also actively influencing the consumer’s preference toward telemedicine thus supporting the growth of the Saudi Arabia telemedicine market in the future five years of forecast, until 2026.
Browse over XX market data Figures spread through 70 Pages and an in-depth TOC on "Saudi Arabia Telemedicine Market"
https://www.techsciresearch.com/report/saudi-arabia-telemedicine-market/7710.html
The Saudi Arabia telemedicine market is segmented by component, deployment mode, type, application, end user, competitional landscape, and regional distribution. Based on deployment mode, the market is further segmented on the into on-premises, cloud. On-premise deployment method is expected to register maximum revenue shares in the future five years on the account of factors like direct access to care delivery. The on-premise care can be through telephonic (mobile) or visualized care (internet video calling) giving procedures.
These methods are cost effective, easier to access and more personal and comforts the patient in having assured of the care provisions through professionals. Cloud based services include technologically advanced solutions. The surging demands due to increased awareness among the patients and their relatives is driving the growth of the market segment and is expected to support the market growth too. With increasing cases of immediate care requirements and rapidly evolving artificial intelligence is driving the substantial growth of the market segment. These factors are anticipated to support the market growth in the future five years.
Based on component, the market is further bifurcated into hardware, software, and services. Hardware component is anticipated to be the largest revenue generating segment of the market. The market segment growth can be attributed to the rapidly increasing demand of the medical devices and pharmaceutical products available in the market. Moreover, products like medical peripheral devices, webcams, speakers, microphones, display screens, videoconferencing devices, laptops, and monitors are some of the portable devices that are although expensive, but still their upsurged demand supports the growth of the market in the upcoming five years.
Services sub-segment of the market is further bifurcated into tele-consulting, tele-monitoring, tele-education, tele-training, and others. Tele-monitoring differentiation is expected to register major revenue shares out of the other sub-segment on the account of increasing geriatric population that requires home-based assistance and related services. Whereas government initiatives for telehealth implementation projects and high demand for video conferencing solutions is expected to substantiate tele-consulting market segment and further support growth of the Saudi Arabia telemedicine market in the upcoming five years.
A partial list of market player in the Saudi Arabia telemedicine market includes Aster DM Healthcare, Sesneber International, GE Healthcare (Saudi Arabia), Medtronic Saudi Arabia, Cisco Saudi Arabia Limited Company, Cerner Corporation Saudi Arabia, Altibbi, among others. These market players hold larger shares of the market than the new market players. With the evolving technology, it is appropriate to say that the effective research and development of the technologically advanced instruments and methods to satisfy consumer demands would support the market growth and benefit the market players as well as the consumers. New market players may focus on the research and development to provide such products and services that satisfies the consumer demand as well as benefits the market players in building their brand value. Other competitive strategies include mergers & acquisitions and new product developments.
Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=7710
Customers can also request for 10% free customization on this report.
“The Saudi Arabia telemedicine market experienced severe effects of COVID-19 in the past few years. The effects are expected to last for another one or two years. While the pandemic situation, inclined the consumers to make the purchases for the medical devices and pharmaceuticals for their home care, the rapid increase is expected to slow down a bit in future but pick up its pace again in the latter half of the forecast. New market players must invest into detailed research and technological advancement for their brand establishment,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Saudi Arabia Telemedicine Market By Component (Hardware, Software, Service {Tele-Consulting, Tele-Monitoring, Tele-Education, Tele-Training, Others}) By Deployment Mode (On-Premises v/s Cloud) By Type (Telehospitals, Telehomes, mHealth) By Application (Telepathology, Telecardiology, Teleradiology, Teledermatology, Telepsychiatry, Others) By End User (Hospitals & Clinics, Homecare, Others) By Region, Competition Forecast & Opportunities, 2026” has evaluated the future growth potential of Saudi Arabia telemedicine market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Saudi Arabia telemedicine market.
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geriatrichealthcare · 1 year ago
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Physical and Mental Fitness in Later Life: The Active Age Handbook
Maintaining a healthy lifestyle as we age necessitates keeping our minds and bodies busy. Physical exercise is recommended by the World Health Organisation (WHO) to promote good ageing and avoid several health problems. Keeping your mind sharp and your brain healthy may also lower your chances of developing dementia.
Maintaining a good quality of life as we age necessitates that we keep moving and involved. In this article, we'll discuss active ageing and its effects on our physical and mental well-being, as measured by metrics like the My Healthscore, Pharmony, and Quality of Life.
Wellness in Later Life
Keeping oneself emotionally, physically, and socially active as one becomes older is what is meant by "active ageing." Keeping up a regular exercise routine might help lower your chances of developing serious health problems later in life. Consistent exercise has been linked to better mental health, lower stress levels, and an enhanced quality of life.
Emotional Well-Being and Active Ageing
Using My Healthscore, we may monitor our health status over time. We may learn more about our present health condition and make more educated judgements about how to improve it by evaluating critical health indicators like blood pressure, cholesterol, and body mass index (BMI). My Healthscore and the chance of developing chronic diseases are both positively impacted by regular exercise and other forms of physical activity.
Active Ageing and Pharmony
Pharmony is the practise of bringing about a state of internal peace and harmony. For optimal health and happiness as we age, it's crucial to keep our minds, bodies, and relationships in harmony via a variety of pursuits. Keeping physically active has been shown to have positive effects on both mental health and the chance of developing chronic diseases. By continuing to participate in our Geriatric Tele Consultation, you will become more socially involved, so boosting your mental health and decreasing your likelihood of being socially isolated.
Optimal Health and the Joys of Later Life
Indicative of our health and happiness is our quality of life. It's a gauge of how happy and fulfilled we are with our lives in general, including in terms of our physical, mental, and social well-being. Improve your quality of life and have a happier later life by engaging in Restory Geriatric Healthcare that encourages physical, mental, and social activity.
Suggestions for Healthy Ageing
Here are some suggestions for maintaining cognitive, emotional, and interpersonal health as we become older:
Exercise on a regular basis by doing things like walking, swimming, or cycling.
Keep your mind sharp by engaging in Restory with tough puzzles, games, or other cerebral pursuits, and keep your social life vibrant by spending time with loved ones, making new connections, and giving back to the community.
Consume a diet rich in fruits, vegetables, and whole grains, and get a good night's sleep every night to assist your body and mind recuperate from the day's activities.
Conclusion
A great quality of life and continued physical and mental well-being as we age depend on our ability to age actively. By keeping our minds, bodies, and social lives busy with Restory may lessen the likelihood of developing serious health problems, boost our psychological and emotional health, and live happier, more fulfilled lives. So, let's embrace active ageing and strive to improve our quality of life as we become older.
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techscimarketresearch · 3 years ago
Text
Saudi Arabia Telemedicine Market to Grow Due to Technological Advancement until 2026 | TechSci Research
Rising adaption of technological advancement in healthcare is driving the growth of Saudi Arabia Telemedicine Market, in the forecast period, 2022-2026.
Tumblr media
According to TechSci report on, “Saudi Arabia Telemedicine Market By Component (Hardware, Software, Service {Tele-Consulting, Tele-Monitoring, Tele-Education, Tele-Training, Others}) By Deployment Mode (On-Premises v/s Cloud) By Type (Telehospitals, Telehomes, mHealth) By Application (Telepathology, Telecardiology, Teleradiology, Teledermatology, Telepsychiatry, Others) By End User (Hospitals & Clinics, Homecare, Others) By Region, Competition Forecast & Opportunities, 2026”, Saudi Arabia telemedicine market has shown promising growth in historical years until 2019 and is expected to continue its growth in upcoming forecast years 2021 to 2026. Saudi Arabia telemedicine market owes its growth to the factors like rising technological advancement in the healthcare industry.
The availability of the services and solutions for the consumer demands is supporting the growth of the market in the next five years. Increasing prevalence of chronic diseases and growing need for the patient management is expected to further substantiate the growth of the Saudi Arabia telemedicine market in the next five years. Additionally, growing telecommunication network in the country is also actively influencing the consumer’s preference toward telemedicine thus supporting the growth of the Saudi Arabia telemedicine market in the future five years of forecast, until 2026.
Browse over XX market data Figures spread through 70 Pages and an in-depth TOC on "Saudi Arabia Telemedicine Market"
https://www.techsciresearch.com/report/saudi-arabia-telemedicine-market/7710.html
The Saudi Arabia telemedicine market is segmented by component, deployment mode, type, application, end user, competitional landscape, and regional distribution. Based on deployment mode, the market is further segmented on the into on-premises, cloud. On-premise deployment method is expected to register maximum revenue shares in the future five years on the account of factors like direct access to care delivery. The on-premise care can be through telephonic (mobile) or visualized care (internet video calling) giving procedures.
These methods are cost effective, easier to access and more personal and comforts the patient in having assured of the care provisions through professionals. Cloud based services include technologically advanced solutions. The surging demands due to increased awareness among the patients and their relatives is driving the growth of the market segment and is expected to support the market growth too. With increasing cases of immediate care requirements and rapidly evolving artificial intelligence is driving the substantial growth of the market segment. These factors are anticipated to support the market growth in the future five years.
Based on component, the market is further bifurcated into hardware, software, and services. Hardware component is anticipated to be the largest revenue generating segment of the market. The market segment growth can be attributed to the rapidly increasing demand of the medical devices and pharmaceutical products available in the market. Moreover, products like medical peripheral devices, webcams, speakers, microphones, display screens, videoconferencing devices, laptops, and monitors are some of the portable devices that are although expensive, but still their upsurged demand supports the growth of the market in the upcoming five years.
Services sub-segment of the market is further bifurcated into tele-consulting, tele-monitoring, tele-education, tele-training, and others. Tele-monitoring differentiation is expected to register major revenue shares out of the other sub-segment on the account of increasing geriatric population that requires home-based assistance and related services. Whereas government initiatives for telehealth implementation projects and high demand for video conferencing solutions is expected to substantiate tele-consulting market segment and further support growth of the Saudi Arabia telemedicine market in the upcoming five years.
A partial list of market player in the Saudi Arabia telemedicine market includes Aster DM Healthcare, Sesneber International, GE Healthcare (Saudi Arabia), Medtronic Saudi Arabia, Cisco Saudi Arabia Limited Company, Cerner Corporation Saudi Arabia, Altibbi, among others. These market players hold larger shares of the market than the new market players. With the evolving technology, it is appropriate to say that the effective research and development of the technologically advanced instruments and methods to satisfy consumer demands would support the market growth and benefit the market players as well as the consumers. New market players may focus on the research and development to provide such products and services that satisfies the consumer demand as well as benefits the market players in building their brand value. Other competitive strategies include mergers & acquisitions and new product developments.
Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=7710
Customers can also request for 10% free customization on this report.
“The Saudi Arabia telemedicine market experienced severe effects of COVID-19 in the past few years. The effects are expected to last for another one or two years. While the pandemic situation, inclined the consumers to make the purchases for the medical devices and pharmaceuticals for their home care, the rapid increase is expected to slow down a bit in future but pick up its pace again in the latter half of the forecast. New market players must invest into detailed research and technological advancement for their brand establishment,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Saudi Arabia Telemedicine Market By Component (Hardware, Software, Service {Tele-Consulting, Tele-Monitoring, Tele-Education, Tele-Training, Others}) By Deployment Mode (On-Premises v/s Cloud) By Type (Telehospitals, Telehomes, mHealth) By Application (Telepathology, Telecardiology, Teleradiology, Teledermatology, Telepsychiatry, Others) By End User (Hospitals & Clinics, Homecare, Others) By Region, Competition Forecast & Opportunities, 2026” has evaluated the future growth potential of Saudi Arabia telemedicine market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Saudi Arabia telemedicine market.
Browse Related Projects:
Global Hospital Acquired Infection Control Market By Product (Sterilizers, Disinfectors, Endoscope Reprocessors, Others) By Application (Disease Testing, Drug-Resistance Testing) By Technology (Phenotypic Methods, Genotypic Methods) By Disease (Hospital Acquired Pneumonia, Bloodstream Infections, Surgical Site Infections, Gastrointestinal Infections, UTI, Others) By End User (Hospitals, ICUs, Ambulatory Surgical, Diagnostic Centers, Nursing Homes, Maternity Centers, Others) By Company, By Region, Forecast & Opportunities, 2026
https://www.techsciresearch.com/report/hospital-acquired-infection-control-market/7617.html
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https://www.techsciresearch.com/report/global-electronic-skin-market/7537.html 
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Website: https://www.techsciresearch.com/
For More Market Research Blogs Visit: https://techsciblog.com/
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restoryhealthytech · 2 years ago
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crystalmarketresearch · 6 years ago
Text
Digital Health Market 2018 to Earn a Valuation of USD 382 billion by 2025
The Digital Health Market is estimated to be around $382 billion by 2025. Digital health is the convergence of digital technologies with healthcare. It facilitates speedy collection of relevant data and in turn the improvement of healthcare services
North America dominated the global digital health market in 2016, due to various programs adopted by different organizations (such as American Health Information Community and the American Orthopedic Society for Sports Medicine)offering sports medicine fellowships for conducting research to develop innovative products. Due to the adoption of HITECH act in 2009, the U.S. has witnessed tremendous advancements in digital health innovations. The European market is an attractive segment for the global players due to increasing number of chronic disorders in this region. Germany has seen a substantial growth in digital health market. In 2015, the E-Health Law was approved in Germany to improve the interoperability in different healthcare IT systems. Due to increasing geriatric population, Europe and China hold attractive opportunities for growth of digital health products.
Prominent Players of Digital Health Market:
Key players operating in this market are Cerner Corporation, AT & T, Inc., Qualcomm, Inc., Cisco Systems, Inc., Athena Health, Inc., Philips Healthcare, Biotelemetry, Inc., Lifewatch AG, McKesson Corporation, and eClinicalWorks.
Get sample Copy of this Digital Health Market Report 2018: https://www.crystalmarketresearch.com/report-sample/HC054
Industry Outlook and Trend Analysis: The digital health market is estimated to be around $382 billion by 2025.
Digital health is the convergence of digital technologies with healthcare. It facilitates speedy collection of relevant data and in turn the improvement of healthcare services. The global digital health market is rapidly expanding due to high penetration of mobile devices and internet connectivity all over the world. More than one third of the global population is estimated to own a smartphone by 2017. Innovations in technology enabled wearable health monitoring devices have propelled the digital health market to new heights. Integration of medical devices with smartphones has facilitated real time tracking of health parameters from distant locations. Remote monitoring services facilitating patient monitoring from a remote location is set to further drive the demand for digital health devices.
Digital Health industry Product and Organization Outlook and Trend Analysis:
The electronic health records (EHR) and e-prescription were the largest selling products in 2016. EHR segment witnessed substantial growth due to government initiatives and rise in investments for the development of innovative products. mHealth market is expected to register highest growth rate due to increase in smartphone sales and increased adoption of mobile communication technology. Cost effectiveness provided by mobile devices to monitor health related parameters has also driving the market growth. Low cost and high value applications of digital health products have resulted in their adoption at a fast pace globally. Health analytics product segment is expected to show consistent growth in the forecast period as they reduce the healthcare costs and incorrect diagnosis.
Digital Health industry Opportunities Outlook and Trend Analysis:
Digital health offers more advanced and efficient healthcare services than traditional one. Increasing demand for advanced healthcare information systems propose lucrative opportunities for the expansion of digital health market. Remote monitoring services are changing the way health monitoring was perceived traditionally. The home healthcare segment also has enormous scope for the development of advanced innovative products with a rising demand for these products globally. Health analytics is a rapidly growing segment which is expected to see consistent innovations backed by investments from governments as well as large market players.
Read Full market data Tables and Figures spread through Pages and in-depth TOC on Digital Health Market at: https://www.crystalmarketresearch.com/report/digital-health-market
The Digital Health Market Market is segmented as follows- Digital Health Market, By Technology, Estimates and Forecast, 2016-2025 ($Million)
Tele Healthcare Market, By Type
Telecare, Activity Monitoring, Remote Medication Management, Telehealth, LTC Monitoring, Video Consulting
mHealth Market, By Type
Wearables, BP Monitors, Glucose Meters, Pulse Oximeters, Sleep Apnea Monitors, Neuromonitors
Apps
Medical Apps, Fitness Apps,
Health Analytics Market, By Type
Digital Health Systems Market, By Type
Electronic Health Records, E-prescribing Systems
What makes our report unique?
1) An extensive research study on the Global Digital Health Market and its entire ecosystem, describes the market trends, drivers, restraints and opportunities of the Digital Health Market
2) We provide you the longest possible market segmentation based on type of products, procedures and geography and describe the market share region wise.
3) The report gives a bird eyes view on the competitive landscape which includes mergers and acquisitions, collaborations, market strategies, and new product launches.
Major TOC of Digital Health Market
Chapter 1. Introduction
Chapter 2. Executive Summary
Chapter 3. Market Overview
Chapter 4. Digital Health Market, By Technology
4.1. Introduction
4.2. Global Digital Health Market Assessment and Forecast, By Technology, 2016-2025
4.3. Telehealthcare
4.3.3. Telecare
4.3.4. Telehealth
4.4. mHealth
4.4.3. Wearables
4.4.3.1. Market Assessment and Forecast, By Type, 2016-2025 ($Million)
4.4.3.2. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
4.4.3.3. BP Monitors
4.4.3.3.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
4.4.3.4. Glucose Meters
4.4.3.4.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
4.4.3.5. Pulse Oximeters
4.4.3.5.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
4.4.3.6. Sleep Apnea Monitors
4.4.3.6.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
4.4.3.7. Neuromonitors
4.4.3.7.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
4.4.4. Apps
4.5. Health Analytics
Chapter 5. Digital Health Market, By Region
Chapter 6. Company Profiles
Chapter 7. Global Digital Health Market Market Competition, by Manufacturer
Chapter 8. Digital Health Market Market Forecast (2018-2023)
…CONTINUED FOR TOC
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List of Tables
Table 1.Global Digital Health Market, By Technology ($Million), 2016-2025
Table 2.Telehealthcare Market, By Type ($Million), 2016-2025
Table 3.Telehealthcare Market, By Region ($Million), 2016-2025
Table 4.Telecare Market, By Type ($Million), 2016-2025
Table 5.Telecare Market, By Region ($Million), 2016-2025
Table 6.Activity Monitoring Market, By Region ($Million), 2016-2025
Table 7.Remote Medication Management Market, By Region ($Million), 2016-2025
Table 8.Telehealth Market, By Type ($Million), 2016-2025
Table 9.Telehealth Market, By Region ($Million), 2016-2025
Table 10.LTC Monitoring Market, By Region ($Million), 2016-2025
Table 11.Video consulting Market, By Region ($Million), 2016-2025
Table 12.mHealth Market, By Type ($Million), 2016-2025
Table 13.mHealth Market, By Region ($Million), 2016-2025
List of Figures
Figure 1.Global Digital health Market Share, By Technology, 2016 & 2025
Figure 2.Global Digital Health Market Share, By Region, 2016 & 2025
Figure 3.Cerner Corporation: Net Revenues, 2014-2016 ($Million)
Figure 4.Cerner Corporation: Net Revenue Share, By Segment, 2016
Figure 5.Cerner Corporation: Net Revenue Share, By Geography, 2016
Figure 6.AT&T Inc.: Net Revenues, 2014-2016 ($Million)
Figure 7.AT&T Inc.: Net Revenue Share, By Segment, 2016
Figure 8.AT&T Inc.: Net Revenue Share, By Geography, 2016
Figure 9.Qualcomm, Inc.: Net Revenues, 2014-2016 ($Million)
Figure 10.Qualcomm, Inc.: Net Revenue Share, By Segment, 2016
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