This market research report offers market segmentation and market shares of IT spending in remote healthcare delivery by product (telehealth and mHealth) and market segmentation by geography (Americas, EMEA, APAC). It details a comprehensive analysis on upcoming trends such as telehealth-as-a-service, among other opportunities. Key vendor analysis on GE Healthcare, Mckesson, Philips Healthcare, and Siemens Healthcare.
Technavio has released updated information on the IT spending market in healthcare, with the publication of its new report, global IT spending in remote healthcare delivery market. The IT spending in remote healthcare delivery market is expected to generate revenue worth US $75 billion by 2019. Remote patient monitoring provides people with the availability of high-quality healthcare facilities from their home.
Although Americas and EMEA contribute to the majority of the market share, APAC is expected to grow at a rapid pace in the next four years. Growth in telecommunication network in countries such as India and China is propelling growth in the APAC region. Also, the region is implementing technologies such as tele-ICU, which is expected to increase IT investments in the healthcare sector.
An interesting trend upcoming in this market is telehealth-as-a-service. It reduces the infrastructure costs required to provide quality healthcare. Telehealth-as-a-service offers solutions that include video conferencing infrastructure and telehealth equipment for an on-demand basis. Also, such solutions offer management and support such in terms of product installation and easy reach in case of any medical emergency. This technology provides solutions into ER, ICU, and OR.
IT spending on telehealth by component
Source: Technavio Research
“Shortage of skilled healthcare professionals in rural areas have led to increased investments in robotic systems for telemedicine and surgery. Telesurgery and robotic surgery have fuelled the demand for image processing software and equipment, resulting in increased IT spending in the healthcare sector. Moreover, telehealth and mHealth are the two emerging healthcare delivery solutions that can reduce the effects of the low physician-to-patient ratio in remote areas,” says Navin Rajendra, Lead Analyst, IT Services, Technavio Research.
Leading vendors in the global IT spending in remote healthcare delivery market market include GE Healthcare, Mckesson, Philips Healthcare, and Siemens Healthcare. With the ever-increasing demand for remote healthcare, many leading companies in the market are focusing on innovations in healthcare IT infrastructure to commercialize their products and services. The market is witnessing a rise in the number of collaborations between IT companies and healthcare firms.
A more detailed analysis is available in the Technavio report, Global IT Spending in Remote Healthcare Delivery Market 2015-2019 – Market Research.
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