TechNavio recognizes the following companies as the key players in the Global Video Conferencing Market in the Healthcare Industry: Cisco Systems Inc., Polycom Inc., and LifeSize Communications Inc.
Commenting on the report, an analyst from TechNavio’s Telecom team said: ”It is expensive to set up a video conferencing system with multi users as the multipoint control units are costly. Also, the hosting of a video conference requires high bandwidth which is not always possible to attain. Taking this as an opportunity, some of the enterprise video providers are introducing the concept of video as a service for end-users. In this, the service providers locate the communication system on their behalf. So each participant is required to send the request to the server and, as the server accepts the request, the streaming of the video is initiated. For this the participants have to pay a fee for the usage. This provides the end-users with low investment, fewer technical requirements, and less bandwidth requirement.”
According to the report, one of the major drivers is the need to access healthcare facilities in rural areas. Video conferencing helps in facilitating medical assistance in rural areas through video conferencing without the physical presence of a doctor. This helps provide instant medical solutions with face-to-face interaction. This will increase the demand for video conferencing in rural areas which will support the market growth.
Further, the report states that as video conferencing provides a virtual connection between the doctor and patient, the data collected may be inaccurate, biased, misleading, or confusing. This can result in the improper analysis of patient information. This discourages end-users from adopting video conferencing for consultation and diagnosing. Hence, it will hinder the growth of the market.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Vidyo Inc., Teliris Inc., and Huawei Technologies Co. Ltd.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-video-conferencing-market-health…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Engineering market research, please visit https://www.technavio.com/telecom
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TechNavio Announces the Publication of its Research Report-Global Video Conferencing Market in the Healthcare Industry 2012-2016
