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Continuous advancements in the telecommunication technology have significantly influencedthe healthcare industry. Extensive use of gadgets, such as computers, smartphones etc. and incorporation of telecommunication technologies into the healthcare sector, has given birth to ‘telemedicine’, also referred to as "telehealth" or "e-health". Telemedicine allows healthcare professionals to evaluate, diagnose and treat patients in remote locations using the telecommunication technology. It grants an opportunity to the patients in remote locations, to access medical expertise in a quick and efficient manner. Though the idea of telemedicine was conceived a long time ago, its importance has increased significantly over the past few years. Reducing healthcare costs and providing better ways of communication between doctors and their patients are the main objectives behind the application of telemedicine in the healthcare sector.
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The telemedicine market is composed of various products and services. Various software, such as Electronic Health Records (EHR), and other platforms, such as teleconsulting, telesurgery, and telepathology, are enabling the healthcare processes and systems to be more efficient than ever. Application of telemedicine technologies is most prevalent in North America, especially in the US. The European and Asia-Pacific regions are estimated to become big markets for telemedicine in the coming years. Technological advancements in countries like India and China are fuelling the growth in this part of the world.
A holistic study of the market has been carried out by incorporating various factors, extending from country-specific demographic conditions and business cycles, to market-specific microeconomic influences that were needed to analyze the future trends of this market. The research uncovers many paradigm shifts in the studied market, in terms of regional competitive advantage and dynamics, primarily with respect to the end-user applications.
Check Out Some Important Points From TOC:
1. INTRODUCTION
1.1 STUDY DELIVERABLES
1.2 MARKET DEFINITION
1.3 BASE CURRENCY
1.4 REVIEW AND FORECAST PERIOD YEARS
1.5 GENERAL STUDY ASSUMPTIONS
2. RESEARCH METHODOLOGY
2.1 INTRODUCTION
2.2 ANALYSIS METHODOLOGY
2.3 ECONOMETRIC MODELLING
3. EXECUTIVE SUMMARY
4. KEY REFERENCES
5. MARKET OVERVIEW AND INDUSTRY TRENDS
5.1 PORTER’S FIVE FORCES
5.1.1 BARGAINING POWER OF SUPPLIERS
5.1.2 BARGAINING POWER OF CUSTOMERS (BUYERS)
5.1.3 THREAT OF NEW ENTRANTS
5.1.4 THREAT OF SUBSTITUTE PRODUCTS OR SERVICES
5.1.5 INTENSITY OF COMPETITIVE RIVALRY
6. DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES ANALYSIS (DROC)
6.1 MARKET DRIVERS
6.1.1 RISING HEALTHCARE COSTS
6.1.2 TECHNOLOGICAL INNOVATION
6.1.3 ENABLING REMOTE PATIENT MONITORING
6.1.4 RISING PREVALENCE OF CHRONIC DISEASE
6.2 MARKET RESTRAINTS
6.2.1 LEGAL & REIMBURSEMENT ISSUES
6.2.2 ADVANCED TECHNOLOGY INCREASES COST
6.2.3 LACK OF PHYSICIAN SUPPORT
6.2.4 POOR CASES OF IMPLEMENTATION
6.3 KEY CHALLENGES
6.3.1 LACK OF REQUIRED INFRASTRUCTURE
6.4 CURRENT OPPORTUNITIES IN THE MARKET
6.4.1 TECHNOLOGY/PROCESS SIMPLIFICATION
6.4.2 EMERGENCY MEDICINE
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