This research report titled ‘Global Telemonitoring Systems Market 2017-2021’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. This market research report also includes up to date analysis and forecasts for various market segments and all geographical regions.
The telemedicine technology has revolutionized the healthcare industry, which is evident from the growing adoption of digital health platforms such as m-health, telehealth, electronic medical record (EMR), and other wireless technologies. The market is experiencing swift growth, due to a number of technological developments in this field, including the emergence of new software, and the increased demand for the widening of network services by end-users.
This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing
Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.
Based on the system type, the report categorizes the global telemonitoring systems market into the following segments:
- IT service
Looking for more information on this market? Request a free sample report
Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
The top three revenue-generating system segments in the global telemonitoring systems market are discussed below:
“Telecardiology ecosystem is deployed by smart connected medical devices, smart sensors, wearable devices, smartphones, tablets, computers, light-emitting diode displays, projectors, cameras, and networking devices and equipment,” says Amrita Choudhury, a lead analyst at Technavio for enterprise application research.
Original equipment manufacturers and third-party suppliers provide the electronic devices and components required for the installation of cardiology information systems. Videoconferencing technology is gaining traction in the market at a rapid pace as a number of hospitals use videoconferencing devices and equipment. The shipments of videoconferencing devices and equipment are increasing for collaborative diagnosis of cardiovascular diseases.
The software segment of the telemonitoring software market is expected to grow at the fastest rate, with rising demand from hospitals, specialty clinics, and telecardiology centers to run software applications and store digital cardiac data on systems. The global telemonitoring system in the software segment is expected to reach USD 11.98 billion by 2021 due to the factors mentioned above.
Software such as enterprise resource planning, telemonitoring software suite, medical imaging software, EHR, e-prescription management software, and other healthcare informatics software is implemented for telecardiology services. Software firms are offering innovative software solutions that can be seamlessly integrated with the existing IT platform of hospitals. Medical image solutions such as cardiology picture archiving and communications system (PACS) software are in high demand.
“IT services, such as IT support services, network support services, system integration services, consulting services, education and training services, and managed services, are subscribed by telecardiology service providers. IT services aid telecardiology centers to offer services over the Internet,” says Amrita.
System integration services enable IT departments of the hospitals to integrate the telemonitoring systems with the enterprise systems. These services require advanced IT skills to integrate cardiac information systems without interoperability issues. It breaks down silos of healthcare IT departments and connects different functions such as radiology, cardiology, pathology, and other medical departments to provide centralized access to healthcare professionals.
The top vendors highlighted by Technavio’s research analysts in this report are:
- General Electric
Browse Related Reports:
- Global Stress Testing Market 2017-2021
- Global OSS BSS Software Market 2017-2021
- Global SaaS-based Business Analytics Market 2017-2021
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at firstname.lastname@example.org.