Brooklyn, NY, Sept. 22, 2016 (GLOBE NEWSWIRE) -- According to the research report, the growing need for the access to enhanced medical care facilities in remote areas and the pressure to make optimal utilization of limited resources have emerged as the key driving force behind the increasing trend of telehealth and telemedicine market across the world. The rise in the pool of patients who are unable to move and need continued observation, the increasing prevalence of chronic diseases, and the escalating expenses on healthcare are also adding significantly to this trend.
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In addition to this, technological advancements in the field to telehealth and telemedicine are likely to boost its popularity substantially across the world, driving the market’s growth over the forecast period.
The tremendous rise in the telecommunications sector, the growing uptake of relevant healthcare IT solutions, and the increasing capital support from various governments and corporate organizations in this field are also expected to propel the global market for telehealth and telemedicine in the coming years, states the report.
The study also discusses the glitches in the growth trajectory of the worldwide telehealth and telemedicine market. According to it, the low adoption rate of telehealth among consumers, limited internet connectivity, the lack of favorable reimbursement scenarios, and a number of regulatory and legal concerns are projected to hamper this market over the next few years.
The research report has studied the worldwide market for telehealth and telemedicine broadly on the basis of the type of product, application, and geography. China, Japan, India, Europe, North America, and Southeast Asia have been identified as the key regional markets for telehealth and telemedicine in this study.
All the important aspects of the global market for telehealth and telemedicine have been analyzed in this 121-page research report to present a detailed study of the market dynamics, such as the industry chain, production capacity, product pricing, and revenue generation. The profit analysis of the key geographical segments of the worldwide market for telehealth and telemedicine has also been carried out in this study to benefit regional players.
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The report also studies the global market for telehealth and telemedicine on the basis of its competitive landscape. It reviews the profiles of major market players in order to determine the prevalent hierarchy in this market.
As per the study, Medtronic, Cerner Corp., Aerotel Medical Systems, InTouch Health, Mckesson Corp., GE Healthcare, Tunstall Healthcare, Medvivo Group, Cisco Systems, Honeywell Life Care Solutions, Philips Healthcare, Robert Bosch Healthcare Inc., Siemens Healthcare, and Biotronik are the key participants operating in this market. Future prospects and strategies for the growth of these enterprises have also been discussed at length in this research report.
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