Dec 12 2014
The Global Telehealth Market is expected to grow at a CAGR of 18.88 percent from 2015-2019, thanks to demand for high-quality healthcare and remote patient monitoring, according to research firm TechNavio.
While all major players in the market are focusing on R&D to launch innovative products and services, there is also a sense of urgency among vendors regarding the need to improve bandwidth to enhance the reach of mobile health.
About the Report
“Vendors are focusing on expanding the Global Mobile Health Market by working in partnership with the telecom and healthcare sectors,” says Faisal Ghaus, Vice President of TechNavio.
Key players in the market are focusing on removing cost pressures by reducing fragmentation among healthcare and network providers. They are taking keen interest in developing common guidelines for telehealth services while driving innovation.
“In addition, mobile connectivity is expected to emerge as one of the main advantages in telehealth, to be deployed for remote monitoring, medicine compliance, and assisted living facilities for connected patients,” says Ghaus.
With an ever-increasing demand for telehealth services, leading vendors like GE Healthcare, McKesson, Philips Healthcare, and Siemens Healthcare are stressing innovation as the way forward in the healthcare IT infrastructure segment.
Source: http://www.technavio.com/