Geriatrics Escalating Demand in Telemedicine and M-Health Convergence Market


Published Date : Jul 31, 2017

ALBANY, New York, July 31, 2017 – MarketResearchReports.biz announces the availability of a fresh report in their repository, titled “Global Telemedicine and M-Health Convergence Market Size, Status and Forecast 2022.” The report is a result of rigorous research by a group of professional analysts, aspiring to represent the current scenario as well as the future prospects of the evolving global market for telemedicine and M-health convergence. The report includes in-depth assessment of all factors that will impact the inflow of the demand, or may restrain it. To showcase the potential of smaller aspects of the market for telemedicine and M-health convergence, the report segments it on the basis of product type, application, and geography, as well as profiles a number of leading companies in order to highlight the competitive landscape.

As per the findings of the report, the global telemedicine and M-health convergence is poised for exponential growth in the near future with the ubiquity of smartphones. Now, clinical delivery to the patients suffering from chronic diseases is easy, which in turn significantly decreases hospital visits and stay in the emergency rooms. With telemedicine and M-health convergence, patients can now take more responsibilities with in-hand information. This in turn has the potential to reduce the clinical costs as well as work as a boon for the emergency care. All these factors are expected to boost the market for telemedicine and M-health convergence.

With escalating geriatric population, the telemedicine and M-health convergence market has another vast opportunity. While most of the NIC programs as well as personal nursing home care can easily impart costs of US$100,000 per year, telemedicine for the US veterans is merely US$1,600 per patient per annum. As the awareness regarding the benefits of telemedicine and M-health convergence grows, the demand for the same is expected to gain traction rapidly until the end of the forecast period of the report, which is 2022.

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Based on product type, the report segments the global telemedicine and M-health convergence market into service and treatment, whereas on the basis of application, the market has been classified into medical industry, service industry, and IT industry. For each of these segments, the report provides evaluations and estimations on the market size, future potential applications, and catches the top four consumers or the end-users. Geographically, the report analyzes the potential of telemedicine and M-health convergence market in the regions of European Union and Southeast Asia, as well as in the countries of China, India, United States, and Japan. Currently, the developed region of Europe and the country of the U.S. are most lucrative for the companies, although emerging economies of India and China, who house vast population base, are expected to turn into highly profitable towards the end of the forecast period.

Care Innovations/Intel/GE, Viterion, AT&T, Logitech, Polycom, Honeywell, Verizon, Anthem, Inc, Philips, and Samsung are some of the leading companies operating in the global telemedicine and M-health convergence market that have been profiled in this report. For each of these companies, the report provides main business overview, product and solutions, recent strategic developments, and revenue between the time-period of 2012 to 2017.

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