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Global Markets for Telemedicine TechnologiesNEW YORK, May 28, 2012 /PRNewswire via COMTEX/ -- Reportlinker.com announces that a new market research report is available in its catalogue: Global Markets for Telemedicine Technologies http://www.reportlinker.com/p0801566/Global-Markets-for-Telemedicine-Technologies.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=e-Healthcare INTRODUCTION STUDY GOALS AND OBJECTIVES This is an update of an earlier BCC report (Jan. 2011). BCC's goal in updating the report is to assess the impact of recent technical, economic, legal/regulatory, business and other developments on the global market for telemedicine technologies and services. Objectives of both the original and the updated studies include: Defining new avenues in the telemedicine market, mainly in terms of cutting-edge technology development, value-added services and newer applications.Providing an in-depth understanding of the economics of telemedicine in terms of business models, a cost-benefit analysis and information for an investment business case.Identifying opportunities for all the stakeholders in telemedicine.Making a comprehensive market forecast (2011 to 2016) of telemedicine and all its key subsegments. BCC's key objective is to present a comprehensive analysis of the current telemedicine market and its future direction. REASONS FOR THE STUDY Companies require clarity regarding the main markets for telemedicine technologies and services. BCC is interested in providing a comprehensive market forecast for multiple market segments (e.g., technologies, services, applications, geographical). There has been a global focus on the use of telemedicine as a tool to cut down healthcare costs and bring about mammoth savings. Implementation of the new U.S. healthcare law will, if anything, intensify this focus, by increasing the number of people with health insurance and seeking medical services. In the near to mid-term, telemedicine technologies offer one of the few ways of enabling healthcare personnel to meet the increased demand without unacceptable delays or other forms of de facto rationing. BCC is interested in studying the ways in which collaborative healthcare can be better and more economically implemented through telemedicine. Recently announced best practices to cut down global healthcare costs, including outsourced medical services, home-based treatment, intervention as opposed to post treatment, integrated information technology (IT) environments, increased efficiency of healthcare resources and reducing billing gaps, all point toward the increasing use of telemedicine. BCC aims to identify the key success factors in the telemedicine market and to gauge the ways in which this market can significantly affect larger markets such as healthcare, health insurance, home care, telecommunications (telecom), networking, disease management, e-health and healthcare IT. The report is well timed, as major Tier I stakeholders are entering the telemedicine market. INTENDED AUDIENCE This report is intended for telemedicine hardware manufacturers, software providers, telecom and networking companies, the healthcare industry and healthcare insurance companies. Key takeaways include the identification and quantification of markets for technology and services in the telemedicine market. Opportunities are defined in terms of market forecasts, avenues, trends, market drivers and competitive gaps. TELEMEDICINE HARDWARE MANUFACTURERS This includes hardware manufacturers of home care units (e.g., vital signals), videoconferencing equipment and store-and-forward (i.e., radiological and pathological) units. The report provides market forecasts for the five-year period from 2011 through 2016. It provides analysis of recent technology developments and includes profiles of main players, benchmarking information, key buying criteria and value-chain mapping. TELEMEDICINE SOFTWARE PROVIDERS Market forecasts are included for telehome and telehospitals/clinics across different geographic markets. TELECOM AND NETWORKING COMPANIES The report describes a business model that can be executed by large telecom companies that can use it to increase their market share over the near to mid-term. Telecom companies can use the business model to facilitate consolidation. They can also get an overview of the total number of connections forecast for telemedicine users and a forecast of the market. TELEMEDICINE SERVICE PROVIDERS The report provides telemedicine integrators with a market forecast of the telemedicine service market. It highlights value-added services and unique business models of telemedicine that can help to win business success. HEALTHCARE COMPANIES Hospitals, home care companies, disease management companies, specialists and clinics can obtain a detailed market forecast for telecardiology, teleradiology, telepsychiatry, teledermatology, telepathology and other telemedicine applications. HEALTH INSURANCE COMPANIES Private and government health insurance companies will get a comprehensive and in-depth understanding of the global telemedicine market and all its main players. This report provides business cases to aid their decisions when investing in telemedicine.SCOPE AND FORMAT This report focuses on global markets for telemedicine technologies and services. The discussion is organized into 13 chapters and three appendices, as shown below: Introduction.Summary.Telemedicine Overview.Telemedicine Technologies and Global Markets (including analysis of key patents).Telemedicine Applications.Economics of Telemedicine.Stakeholders: Opportunities Analysis.Consolidation and Ownership Trends.North American Markets.EU Markets.Japanese Market.Other Geographical Markets.Conclusions. Appendices. Appendix A: Company Profiles.Appendix B: List of Telemedicine Programs Studied.Appendix C: Acronyms. METHODOLOGY AND INFORMATION SOURCES BCC Research obtained the information on which this report is based from interviews with manufacturers and users of telemedicine technologies and services, as well as from reviews of secondary sources such as company literature, conference proceedings and related government data. Earlier editions of this report contained an in-depth benchmarking analysis of major programs operating globally in terms of the technology deployed, funding arrangement, telemedicine suppliers, operations and number of sites. Although they are now several years old, the results of this analysis, updated where possible, are included here because of the unique nature of this report. BCC Research based its market projections on various factors such as technology developments and industry issues, among other conditions. All market projections are expressed in 2010 constant dollars. ANALYST CREDENTIALS The author of the original report on which this update is based is Sandeep Sugla. Sandeep holds a bachelor's degree in electronics engineering and has six years of research experience in pharmaceuticals, healthcare, medical equipment and biotechnology. The analyst responsible for updating the report is Andrew McWilliams, a partner at 43rd Parallel LLC, a Boston-based international technology and marketing consulting firm. Mr. McWilliams is the author of numerous BCC Research studies, including many related to telemedicine, such as HLC054B Home Medical Equipment: Technologies and Global Markets; HLC082A Emerging Markets for Advanced Medical Technologies; HLC066B Medical Automation Technologies, Products, and Markets; HLC048C Healthcare Information Technology; HLC038C Patient Monitoring; HLC036D Medical Robotics and Computer-Assisted Surgery: The Global Market. TABLE OF CONTENTS CHAPTER ONE: INTRODUCTION 1 STUDY GOALS AND OBJECTIVES . 1 REASONS FOR THE STUDY 1 INTENDED AUDIENCE 2 TELEMEDICINE HARDWARE MANUFACTURERS 2 TELEMEDICINE SOFTWARE PROVIDERS 2 TELECOM AND NETWORKING COMPANIES . 2 TELEMEDICINE SERVICE PROVIDERS 3 HEALTHCARE COMPANIES . 3 HEALTH INSURANCE COMPANIES . 3 SCOPE AND FORMAT 3 METHODOLOGY AND INFORMATION SOURCES. 4 ANALYST CREDENTIALS 4 RELATED BCC PUBLICATIONS . 4 BCC ON-LINE SERVICES . 5 DISCLAIMER . 5 DISCLAIMER (CONTINUED) 5 CHAPTER TWO: SUMMARY 6 SUMMARY TABLE FORECAST FOR THE GLOBAL TELEHOME AND TELEHOSPITAL MARKET, THROUGH 2016 ($ MILLIONS)* 6 SUMMARY FIGURE FORECAST FOR THE GLOBAL TELEHOME AND TELEHOSPITAL SERVICE MARKET, 2011-2016 ($ MILLIONS) . 7 CHAPTER THREE: TELEMEDICINE OVERVIEW 8 STRUCTURE 8 FIGURE 1 STRUCTURE OF A TELEMEDICINE NETWORK 8 STRUCTURE (CONTINUED) . 9 KEY PLAYING FIELDS IN TELEMEDICINE . 10 FIGURE 2 WINNING IMPERATIVES FOR TELEMEDICINE: TELEHOME CARE, TELEHOSPITAL B2B, TELEHOSPITAL B2C . 11 MARKET DRIVERS . 12 FIGURE 3 TELEMEDICINE MARKET DRIVERS . 12 CHANGING HEALTHCARE PARADIGM: INEVITABLE NEED FOR TELEMEDICINE . 13 Increasing Chronic Diseases . 13 Complexity of the Healthcare Network 13 FIGURE 4 TELEMEDICINE: KEY TO E-HEALTHCARE 14 Rising Cost of Home Care . 14 Increasing Number of Aging Patients Requiring Daily Care . 14 Higher Spending on IT 14 Moving From Treatment to Early Intervention . 15 Shortages of Healthcare Personnel and Increasing Workloads . 15 NEED FOR BETTER CLINICAL OUTCOMES . 16 GROWING INVESTMENTS IN TELEMEDICINE . 16 TELEMEDICINE DRIVEN BY THE RISING E-HEALTHCARE MARKET . 16 INCREASING FOCUS OF COMPANIES ON TELEMEDICINE AS A KEY MARKET DIFFERENTIATOR 16 IMPROVED TECHNOLOGY INFRASTRUCTURE SPURRING GROWTH IN TELEMEDICINE 17 ENTRY OF TIER I PLAYERS EXPANDING MARKET SCOPE 17 CENTRALIZED EHR AND EMR ARE DRIVING THE NEED FOR TELEMEDICINE . 17 INCREASING ACCEPTANCE OF TELEMEDICINE BY PATIENTS 18 FIGURE 5 INCREASING ACCEPTANCE OF TELEMEDICINE BY PATIENTS . 18 KEY CHALLENGES. 18 FIGURE 6 MAJOR CHALLENGES FACED BY TELEMEDICINE PROGRAMS (%) . 19 FIGURE 7 CHALLENGES IN TELEMEDICINE: ECONOMICS VERSUS CLINICAL OUTCOME . 20 TECHNICAL 20 FINANCIAL . 21 Reimbursement 21 Reimbursement (Continued) 22 Government Funding for Telemedicine Programs . 23 Companies Afraid of Lower Returns from Telemedicine . 23 OPERATIONAL AND SOCIAL ISSUES 24 Training and Accreditation . 24 Availability of Telecommunications Bandwidth 25 Market Awareness . 26 LEGAL AND REGULATORY ISSUES . 26 Device Safety and Effectiveness . 26 Privacy . 26 Privacy (Continued) 27 Practitioner and Facility Licensure 28 Medical Liability and Malpractice Issues . 29 STANDARDS 29 TELEMEDICINE: MOVING UP IN THE VALUE CHAIN 30 FIGURE 8 31 TELEMEDICINE: MOVING UP IN THE VALUE CHAIN 31 TELEMEDICINE MARKET STRUCTURE OVERVIEW . 31 FIGURE 9 TELEMEDICINE MARKET STRUCTURE . 32 GLOBAL TELEMEDICINE MARKET . 32 Telehome vs. Telehospital/Clinic Segments . 32 TABLE 1 FORECAST FOR THE GLOBAL TELEHOME AND TELEHOSPITAL MARKET, THROUGH 2016 ($ MILLIONS)* 33 Major Geographical Segments 33 TABLE 2 FORECAST FOR TELEMEDICINE MARKET BY GEOGRAPHY, THROUGH 2016 ($ MILLIONS)* 33 Technologies and Services . 33 TABLE 3 FORECAST FOR THE TELEMEDICINE HARDWARE, SOFTWARE AND SERVICE MARKET, THROUGH 2016 ($ MILLIONS)* 34 FIGURE 10 TELEMEDICINE SERVICE MARKET . 35 TELEMEDICINE APPLICATIONS 36 FIGURE 11 TELEMEDICINE APPLICATION MARKET 37 TELEMEDICINE STAKEHOLDERS . 37 FIGURE 12 TELEMEDICINE STAKEHOLDERS MARKET STRUCTURE . 38 MARKET DYNAMICS 39 FIGURE 13 CASH COWS IN TELEMEDICINE 39 CHAPTER FOUR: TELEMEDICINE TECHNOLOGIES AND GLOBAL MARKETS 40 TELEMEDICINE TECHNOLOGIES 40 FIGURE 14 MAPPING THE TECHNOLOGY VALUE CHAIN OF TELEMEDICINE . 41 INTEGRATED TELEMEDICINE: TOP OF THE VALUE CHAIN . 41 FIGURE 15 INTEGRATED TELEMEDICINE MODEL . 42 Complex Networks Demanding Standardization Across Integrated Telemedicine 43 Open-End Technology: The Key to Integrated Medicine . 43 MOVING TOWARD MORE RELIABLE AND EFFECTIVE TELEMEDICINE TECHNOLOGIES 43 Factors Affecting Reliability of Telemedicine. 44 Clinician Experience in Telemedicine 44 Imaging . 44 Dermatology Applications 44 Audio Signals 44 LARGER USE OF IP-BASED CONVERGED NETWORKS IN TELEMEDICINE 44 OPTING FOR WEB- AND WIRELESS-BASED DISTRIBUTION 44 USE OF BOTH MULTIPURPOSE AND THERAPY-BASED EQUIPMENT 45 LOWERING THE COST OF TELEMEDICINE . 45 INCREASING SPEED AND RELIABILITY OF DATA TRANSFER . 46 Reduced Bandwidth Requirement 46 INCREASED USE OF WIRELESS TECHNOLOGIES IN TELEMEDICINE 46 VENDORS PREFER TO LEASE TELEMEDICINE EQUIPMENT 47 LAUNCHING MORE USER-FRIENDLY TECHNOLOGY . 47 USING MORE COMPUTER-BASED DIAGNOSIS . 47 GLOBAL MARKETS 48 GLOBAL TELEMEDICINE TECHNOLOGY: HARDWARE, SOFTWARE AND TELECOM MARKET OVERVIEW 48 TABLE 4 GLOBAL TELEMEDICINE TECHNOLOGY MARKET, THROUGH 2016 ($ MILLIONS)* . 48 TABLE 5 FORECAST FOR THE TELEHOME AND TELEHOSPITAL TECHNOLOGY MARKET, THROUGH 2016 ($ MILLIONS)* . 49 HARDWARE. 49 TABLE 6 FORECAST FOR THE TELEHOME AND TELEHOSPITAL HARDWARE MARKET, THROUGH 2016 ($ MILLIONS)* 49 Home Care Hardware Market 50 Equipment Segments 50 FIGURE 16 TELEMEDICINE HOME CARE UNITS (PERIPHERALS) . 50 Market Shares . 50 FIGURE 17 HOME CARE UNIT MARKET SHARE IN TELEMEDICINE PROGRAMS (%) . 51 Benchmarking Home Care Units . 51 Telehospitals/Clinics Hardware Market . 52 Equipment Segments 52 Videoconferencing Systems . 52 Videoconferencing Units: Market Share . 53 FIGURE 18 ROOM-BASED VIDEOCONFERENCE MARKET SHARE IN TELEMEDICINE PROGRAMS (%) 53 FIGURE 19 MARKET SHARE OF ROLL-ABOUT VIDEOCONFERENCE UNITS IN TELEMEDICINE PROGRAMS (%) . 54 FIGURE 20 DESKTOP, LAPTOP AND SET-TOP COMPUTER UNITS MARKET SHARE IN TELEMEDICINE PROGRAMS (%) . 55 FIGURE 21 VIDEOPHONE MARKET SHARE IN TELEMEDICINE PROGRAMS (%) . 56 Benchmarking Videoconferencing Units 56 Store-and-Forward Systems . 57 Teleimaging Equipment: Market Share . 57 FIGURE 22 TELEIMAGING EQUIPMENT MARKET SHARE IN TELEMEDICINE PROGRAMS (%) 58 -Telepathological Equipment 58 Market Shares 58 FIGURE 23 TELEPATHOLOGICAL EQUIPMENT IN TELEMEDICINE PROGRAMS (%) . 59 SOFTWARE 59 Telemedicine Software Market Overview 60 TABLE 7 GLOBAL TELEMEDICINE SOFTWARE MARKET FOR TELEHOME AND TELEHOSPITALS/CLINICS, THROUGH 2016 ($ MILLIONS)* 60 Benchmarking Telemedicine Software Companies 60 TELECOM AND NETWORKING . 61 Telecom and Networking Market Overview . 61 TABLE 8 FORECAST FOR THE TELEMEDICINE TELECOM AND NETWORKING FOR TELEHOME AND TELEHOSPITALS/CLINICS, THROUGH 2016 ($ MILLIONS)* . 61 Market Shares . 62 FIGURE 24 TELEMEDICINE PROGRAMS AND TELECOMMUNICATION PROVIDERS* . 62 TELEMEDICINE PATENT ANALYSIS 62 GENERAL TRENDS 63 FIGURE 25 U.S. TELEMEDICINE PATENTS, 2002-2011* 63 TRENDS BY TECHNOLOGY . 64 FIGURE 26 U.S. PATENTS ISSUED RELATING TO TELEMEDICINE, THROUGH SEPT. 2011 (%) 64 TELEMEDICINE SERVICES OVERVIEW 65 TELEHOME SERVICES . 65 FIGURE 27 TELEHOME SERVICES: MOVING UP IN THE VALUE CHAIN 66 TELEHOSPITAL SERVICES 66 FIGURE 28 TELEHOSPITAL B2B AND B2C SERVICES . 67 OPPORTUNITIES IN TELEMEDICINE SERVICES 67 Telemedicine Facility Management Services . 67 Telemedicine Services Supporting E-health 68 Telemedicine Services Supporting Home Care 68 Interoperable Telemedicine Network Services . 68 Telemedicine Virtual Network Providers Services 68 Mobile Emergency Services . 69 Interface between Primary and Secondary Care . 70 Primary Care Kiosk-Based Services Supporting Telemedicine . 70 Telenursing Services . 70 24/7 Telemedicine Call Center Services . 71 Support for Outsourced Medical Services 71 Telemedicine Services for Disease Management . 71 Telemedicine Managed Services for Rural Areas. 72 Telehealth Education 73 Telemedicine-Based Niche Services 73 TELEMEDICINE SERVICE MARKET . 73 TABLE 9 FORECAST FOR THE TELEMEDICINE SERVICE MARKET, THROUGH 2016 ($ MILLIONS)* . 73 TELEHOSPITAL SERVICES 74 TABLE 10 FORECAST FOR THE GLOBAL TELEHOSPITALS/CLINICS STORE-AND-FORWARD AND REALTIME VIDEOCONFERENCING SERVICE MARKET, THROUGH 2016 ($ MILLIONS)* . 74 TABLE 11 FORECAST FOR THE GLOBAL TELEHOSPITAL STOREAND- FORWARD SERVICES FOR THE RADIOLOGY, CARDIOLOGY, DERMATOLOGY AND PATHOLOGY MARKET, THROUGH 2016 ($ MILLIONS)* 75 TABLE 12 FORECAST FOR THE GLOBAL TELEHOSPITALS/CLINICS VIDEOCONFERENCING SERVICES FOR CARDIOLOGY, PSYCHIATRY, AND URBAN AND RURAL MARKETS, THROUGH 2016 ($ MILLIONS)* 75 Telehospital Services (Continued) 76 CHAPTER FIVE: TELEMEDICINE APPLICATIONS 77 FIGURE 29 TELEMEDICINE APPLICATIONS: MARKET SIZE VERSUS PENETRATION 77 TELEMEDICINE APPLICATIONS OVERVIEW . 78 FIGURE 30 TELEMEDICINE APPLICATIONS OVERVIEW 78 TELEMEDICINE APPLICATION MARKET 78 TABLE 13 FORECAST FOR GLOBAL TELEHOSPITALS/CLINICS STORE-AND-FORWARD AND VIDEOCONFERENCING MARKET, THROUGH 2016 ($ MILLIONS)* . 79 FIGURE 31 FORECAST FOR THE GLOBAL TELEHOSPITALS/CLINICS STORE-AND-FORWARD AND VIDEOCONFERENCING MARKET, 2010-2016 ($ MILLIONS) . 80 TELEHOSPITALS/CLINICS VIDEOCONFERENCING TECHNOLOGY MARKET BY APPLICATION 80 TABLE 14 FORECAST FOR THE GLOBAL TELEHOSPITALS/CLINICS STORE-AND-FORWARD MARKET BY APPLICATION, THROUGH 2016 ($ MILLIONS)* . 80 TABLE 15 GLOBAL FORECAST FOR TELEHOSPITALS/CLINICS REAL-TIME VIDEOCONFERENCING MARKET BY APPLICATION, THROUGH 2016 ($ MILLIONS)* . 81 TELECARDIOLOGY 81 TELECARDIOLOGY MARKET OVERVIEW . 82 TABLE 16 FORECAST FOR THE GLOBAL TELEHOSPITALS/CLINICS TELECARDIOLOGY MARKET FOR STORE-AND-FORWARD AND VIDEOCONFERENCING TECHNOLOGY, THROUGH 2016 ($ MILLIONS)* 83 FIGURE 32 FORECAST FOR THE GLOBAL TELEHOSPITALS/CLINICS TELECARDIOLOGY MARKET FOR STORE-AND-FORWARD AND VIDEOCONFERENCING TECHNOLOGY, 2010 AND 2016 ($ MILLIONS) 83 Telecardiology: Store-and-Forward Market Overview . 84 TABLE 17 FORECAST FOR THE GLOBAL TELEHOSPITALS/CLINICS STORE-AND-FORWARD CARDIOLOGY TECH AND SERVICE MARKET, THROUGH 2016 ($ MILLIONS)* 84 FIGURE 33 FORECAST FOR THE GLOBAL TELEHOSPITALS/CLINICS STORE-AND-FORWARD CARDIOLOGY TECHNOLOGY AND SERVICE MARKET, 2010 AND 2016 ($ MILLIONS) . 85 Telecardiology: Videoconferencing Market Overview 85 TABLE 18 FORECAST FOR THE GLOBAL TELEHOSPITAL VIDEOCONFERENCING FOR CARDIOLOGY TECHNOLOGY AND SERVICE MARKET, THROUGH 2016 ($ MILLIONS)* 86 Market Drivers 86 Healthcare Services Using Telecardiology for Early Detection of Abnormalities 86 Hospitals Outsourcing Cardiology Image Management to Specialists . 86 Cardiac Patients Experience Higher Comfort Levels with Telecardiology 86 Larger Number of Cardiac Patients Monitored Remotely 87 Trends in Telecardiology . 87 Telecardiology Usage for Pediatric Cardiology 87 Remote Monitoring and Post-Acute Care for Telecardiology 87 Supporting Image Handling in Telecardiology 87 Supporting ECG Transmission in Telecardiology . 88 Increasing Use of Web-Based Interface for Telecardiology 88 Mobile Emergency Services Opting for Telecardiology 88 TELERADIOLOGY . 89 TABLE 19 GLOBAL FORECAST FOR THE TELEHOSPITALS/CLINICS STORE-AND-FORWARD RADIOLOGY TECHNOLOGY AND SERVICE MARKET, THROUGH 2016 ($ MILLIONS)* 89 FIGURE 34 FORECAST FOR THE GLOBAL TELEHOSPITALS/CLINICS STORE-AND-FORWARD RADIOLOGY TECHNOLOGY AND SERVICE MARKET, 2010-2016 ($ MILLIONS) 90 RECENT DEVELOPMENTS 90 24-Hour Services by Teleradiology Companies 90 Development of Subspecialty Centers 91 Use of Filmless Imaging 91 Dartmouth Develops Low-Bandwidth Telesonography System 91 New Teleradiology Solution by Philips to Assist in Detection of Lung Lesions 91 TELEPATHOLOGY 91 TABLE 20 FORECAST FOR THE GLOBAL TELEHOSPITAL STOREAND- FORWARD PATHOLOGY TECHNOLOGY AND SERVICE MARKET, THROUGH 2016 ($ MILLIONS)* . 92 FIGURE 35 GLOBAL TELEHOSPITALS/CLINICS STORE-ANDFORWARD PATHOLOGY TECHNOLOGY AND SERVICE MARKET, 2010-2016 ($ MILLIONS) 93 RECENT TRENDS . 93 Telepathology Helps Laboratories Increase Revenues by Leveraging Mutual Global Partnerships 93 Hospitals Reducing Pathological Cost and Increasing Promptness by Using Hybrid Systems 93 Ultrarapid Virtual Slide Processor and Dynamic Image Telepathology Improving Telepathology Effectiveness 94 TELEPSYCHIATRY . 94 TABLE 21 GLOBAL FORECAST FOR THE TELEHOSPITALS/CLINICS VIDEOCONFERENCING PSYCHIATRY TECHNOLOGY AND SERVICE MARKET, THROUGH 2016 ($ MILLIONS)* . 95 FIGURE 36 FORECAST FOR THE GLOBAL TELEHOSPITALS/CLINICS VIDEOCONFERENCING PSYCHIATRY TECHNOLOGY AND SERVICE MARKET, 2010-2016 ($ MILLIONS) 95 DERMATOLOGY 96 DERMATOLOGY MARKET OVERVIEW 96 TABLE 22 FORECAST FOR THE GLOBAL TELEHOSPITALS/CLINICS DERMATOLOGY TECHNOLOGY AND SERVICE MARKET, THROUGH 2016* ($ MILLIONS) 96 HOSPITALS: URBAN AND RURAL APPLICATIONS 96 FIGURE 37 TELEHOSPITAL VIDEOCONFERENCING URBAN AND RURAL MARKET, 2010-2016 ($ MILLIONS) . 97 CHAPTER SIX: ECONOMICS OF TELEMEDICINE 98 BUSINESS MODELS . 98 FIGURE 38 OVERVIEW OF TELEMEDICINE REVENUE MODELS 98 FIGURE 39 BUSINESS MODELS OF TELEMEDICINE 99 RISK AND REWARD SHARING MODEL . 99 JOINT OPERATING MODEL . 99 FACILITATOR MODEL 100 INTEGRATOR MODEL . 100 SUBSCRIPTION-BASED SERVICE PROVIDER MODEL . 100 PAY AS YOU GO 101 SHARED MODEL 101 COST-BENEFIT ANALYSIS . 101 QUICK FACTS ON TELEMEDICINE 101 SAVINGS FROM REMOTE PATIENT MONITORING 102 REDUCED TRAVEL TIME FOR NURSES 102 TABLE 23 SAVINGS FROM NURSES' TRAVEL COSTS 102 SAVINGS FROM REHOSPITALIZATION . 102 TABLE 24 AVERAGE HOSPITALIZATION AND TELEHOME CARE COST ($) . 103 CALL CENTER SAVINGS 103 COST COMPARISON: TELEMEDICINE AND NORMAL CONSULTATION . 103 AVENUES INCREASING TOP-LINE REVENUES OF THE HOSPITAL 103 Added Specialist Billing 103 Added Remote Patients . 104 Avoiding the Need for Transfer from Rural Hospitals . 104 TELEMEDICINE: A COMPELLING BUSINESS CASE . 104 GLOBAL HEALTHCARE HAS MAMMOTH SAVINGS BY TELEMEDICINE 104 HOME CARE MARKET INCREASINGLY ADOPTING TELEMEDICINE 104 TELECOM COMPANIES LARGELY SEEING TELEMEDICINE AS KEY MARKET DIFFERENTIATOR FOR THEMSELVES IN LONG RUN 105 E-HEALTH MARKET USING TELEMEDICINE AS THE PIVOTAL TECHNOLOGY . 105 CHAPTER SEVEN: STAKEHOLDERS: OPPORTUNITIES ANALYSIS . 106 TIER I PLAYERS 106 TIER I PLAYERS CONSOLIDATING IN THE TELEMEDICINE MARKET TO WIN THE LION'S SHARE OF THE FUTURE E-HEALTHCARE MARKET 106 HEALTHCARE COMPANIES: HOSPITALS, INSURANCE COMPANIES, CLINICS, GPS AND DISEASE MANAGEMENT COMPANIES . 106 Hospitals Will Use Telemedicine as a Key Differentiator . 106 Rural Hospitals Will Not Lose Revenues . 106 Annual Healthcare Management Programs for Patients, Non-Patients and Families on Multiple Business Models . 107 Specialists, General Practitioners and Healthcare Companies from Low-Cost Countries Will See a Greater Demand for Outsourced Medical Healthcare Services . 107 Clinics and Primary Care Consultants Will See a Significant Benefit from Telemedicine Toward Secondary Care Consultation 107 Healthcare Companies are Viewing Telemedicine as a Tool to Cut Healthcare Costs . 107 Physicians Getting Ready for E-visits 108 Disease Management Companies Expanding Telemedicine Network Beyond U.S. 108 TELECOM AND NETWORK PLAYERS 108 Telecom and Networking Companies are Actively Participating in the Delivery of Global Telemedicine Services . 108 Telecom Companies Supporting IP-Based High-Speed Data Transfer Networks 109 Telecom Companies Partnering with Disease Management Companies 109 TELEMEDICINE HARDWARE SUPPLIERS 109 Sales of More Reliable Portable Telemedicine Equipment Capturing Multiple Clinical Signals are Expected to Grow 109 Integrated Telemedicine is the Future of the Telemedicine Market 109 Subscription-Based Models Will Lead Other Telemedicine Models . 110 Wireless Wearable Devices Will Find Increasing Application in Telemedicine 110 Teleradiology, Telecardiology, Telepathology, and Telepsychiatry Will Be the Top Four Applications . 110 TELEMEDICINE SOFTWARE PROVIDERS 110 Software Companies Support Integrated Telemedicine with Open-End Architecture 110 TELEMEDICINE INTEGRATORS: TELEHOME AND TELEHOSPITAL 110 Telemedicine Integrators to Tap into Families Ready to Spend for Convenience of Primary Healthcare . 110 Telemedicine Plans for Multiple Distribution Channels . 111 CHAPTER EIGHT: CONSOLIDATION AND OWNERSHIP TRENDS 112 TABLE 25 MERGER AND ACQUISITION FOR FISCAL YEARS, 2006- 2011. 112 TABLE 25 (CONTINUED) . 113 CHAPTER NINE: NORTH AMERICAN MARKETS . 114 SUMMARY 114 TABLE 26 NORTH AMERICAN TELEHOME AND TELEHOSPITAL MARKET, THROUGH 2016 ($ MILLIONS) . 114 PRODUCT/SERVICE SEGMENTS . 114 TABLE 27 NORTH AMERICAN TELEHOME AND TELEHOSPITAL MARKET BY COUNTRY, THROUGH 2016 ($ MILLIONS) 115 TELEHOME PRODUCTS/SERVICES 115 TABLE 28 NORTH AMERICAN TELEHOME MARKET BY TYPE OF PRODUCT/SERVICE, THROUGH 2016 ($ MILLIONS) . 115 TABLE 28 (CONTINUED) . 116 TELEHOSPITAL CLINIC PRODUCTS/SERVICES 116 TABLE 29 NORTH AMERICAN TELEHOSPITAL/CLINIC MARKET BY TYPE OF PRODUCT/SERVICE, THROUGH 2016 ($ MILLIONS) 116 TABLE 29 (CONTINUED) . 117 Store-and-Forward vs. Teleconferencing Applications 117 TABLE 30 NORTH AMERICAN TELEHOSPITALS/CLINICS STOREAND- FORWARD AND VIDEOCONFERENCING MARKET, THROUGH 2016 ($ MILLIONS)* . 117 CHAPTER TEN: EU MARKETS . 118 SUMMARY 118 TABLE 31 EU TELEMEDICINE MARKET, THROUGH 2016 ($ MILLIONS) 118 MARKET SEGMENTS . 118 TELEHOME VS. TELEHOSPITAL/CLINIC 118 FIGURE 40 EU TELEHOME VS. TELEHOSPITAL/CLINIC MARKET SHARES, 2010-2016 (%) . 119 COUNTRY MARKETS 119 FIGURE 41 EU TELEMEDICINE MARKET BY COUNTRY, 2010 AND 2016 (%) 120 TABLE 32 EU TELEHOME AND TELEHOSPITAL MARKET BY COUNTRY, THROUGH 2016 ($ MILLIONS) . 121 CHAPTER ELEVEN: JAPANESE MARKET . 122 SUMMARY 122 FIGURE 42 JAPAN TELEMEDICINE MARKET, 2010-2016 ($ MILLIONS) 122 MARKET SEGMENTS . 122 TELEHOME VS. TELEHOSPITAL/CLINIC 122 TABLE 33 JAPAN TELEMEDICINE MARKET, THROUGH 2016 ($ MILLIONS) 123 FIGURE 43 JAPAN TELEHOME VS. TELEHOSPITAL/CLINIC SEGMENTS, 2010-2016 (%) . 123 CHAPTER TWELVE OTHER GEOGRAPHICAL MARKETS 124 SUMMARY 124 FIGURE 44 TELEMEDICINE MARKET IN OTHER COUNTRIES, THROUGH 2016 ($ MILLIONS). 124 MARKET SEGMENTS . 124 TELEHOME VS. TELEHOSPITAL/CLINIC 124 TABLE 34 OTHER COUNTRIES TELEMEDICINE MARKET, THROUGH 2016 ($ MILLIONS). 125 FIGURE 45 OTHER COUNTRIES TELEHOME VS. TELEHOSPITAL/CLINIC MARKET SHARES, 2010-2016 (%) 125 COUNTRY MARKETS 126 TABLE 35 OTHER COUNTRIES TELEHOME AND TELEHOSPITAL MARKET BY COUNTRY, THROUGH 2016 ($ MILLIONS) 126 FIGURE 46 OTHER COUNTRIES TELEMEDICINE INDIVIDUAL COUNTRY SHARES, 2010 AND 2016 (%) . 127 CHAPTER THIRTEEN: CONCLUSIONS 128 TELEMEDICINE IS A KEY DECIDING FACTOR IN INCREASING COMPANIES' SHARE OF THE E-HEALTHCARE MARKET . 128 TELEMEDICINE IS GAINING ACCEPTANCE 128 TELEMEDICINE WILL ONLY REALIZE ITS FULL MARKET POTENTIAL AFTER ITS FULL INTEGRATION WITH THE HEALTHCARE SYSTEM . 128 DESPITE NO CLEAR POLICY ON REIMBURSEMENTS, HEALTHCARE PLAYERS ARE ACTIVELY PURSUING TELEMEDICINE 129 RELIABILITY IS THE KEY BUYING CRITERIA FOR TELEMEDICINE TECHNOLOGY . 129 TELEMEDICINE OFFERS A POTENTIAL ONE-STOP SOLUTION FOR TELEHOME AND TELEHOSPITAL 129 TELEMEDICINE IS CREATING OPPORTUNITIES FOR ALL STAKEHOLDERS . 130 APPENDIX A: COMPANY PROFILES . 131 TELEMEDICINE HARDWARE SUPPLIERS 131 AEROTEL MEDICAL SYSTEMS LTD. 131 CARDIOCOM . 131 INTERNATIONAL BUSINESS MACHINES CORP. . 131 INTOUCH TECHNOLOGIES . 132 MEDICAL INTERNATIONAL RESEARCH 133 MEDTRONIC INC. 133 ROCHE DIAGNOSTICS . 133 SIEMENS HEALTHCARE 134 TELEMEDICINE SOFTWARE PROVIDERS . 134 3M HEALTH INFORMATION SYSTEMS . 134 ALLSCRIPTS HEALTHCARE SOLUTIONS INC. 135 AGFA HEALTHCARE NV . 135 MEDIC4ALL . 135 NUMERA 136 VAMSTEC 136 VIDEOCONFERENCING COMPANIES 137 DOCTORS TELEHEALTH NETWORK . 137 EUROMED NETWORKS 137 LIFESIZE COMMUNICATIONS 138 POLYCOM 138 SONY CORP. OF AMERICA . 138 TANDBERG LLC . 139 VCON INTERNATIONAL . 139 TELECOM PLAYERS 139 ALCATEL-LUCENT 139 AT&T 140 CISCO . 140 VERIZON COMMUNICATIONS INC. . 141 TELEMEDICINE INTEGRATORS . 141 AMD TELEMEDICINE INC. 141 AMERICAN TELECARE INC. 141 CYBERNET MEDICAL CORP. . 142 HONEYWELL HOMMED . 142 LIFEWATCH AG . 143 ROBERT BOSCH HEALTHCARE 143 SHL TELEMEDICINE LTD. . 144 VITEL INC. 144 VITERION TELEHEALTHCARE . 145 ZYDACRON 145 HOSPITALS 145 APOLLO HOSPITALS . 145 JOHNS HOPKINS MEDICINE . 146 MASSACHUSETTS GENERAL HOSPITAL 146 KANSAS UNIVERSITY CENTER FOR TELEMEDICINE AND TELEHEALTH 147 UNIVERSITY OF PITTSBURGH MEDICAL CENTER 147 UNIVERSITY OF KENTUCKY CHANDLER HOSPITAL 147 APPENDIX B: TELEMEDICINE PROGRAMS STUDIED 148 TABLE 36 TELEMEDICINE PROGRAMS STUDIED 148 TABLE 36 (CONTINUED) . 149 TABLE 36 (CONTINUED) . 150 TABLE 36 (CONTINUED) . 151 TABLE 36 (CONTINUED) . 152 TABLE 36 (CONTINUED) 153 TABLE 36 (CONTINUED) . 154 TABLE 36 (CONTINUED) . 155 TABLE 36 (CONTINUED) . 156 TABLE 36 (CONTINUED) 157 TABLE 36 (CONTINUED) 158 TABLE 36 (CONTINUED) . 159 TABLE 36 (CONTINUED) 160 TABLE 36 (CONTINUED) 161 TABLE 36 (CONTINUED) . 162 TABLE 36 (CONTINUED) . 163 TABLE 36 (CONTINUED) . 164 TABLE 36 (CONTINUED) . 165 TABLE 36 (CONTINUED) . 166 APPENDIX C: ACRONYMS 167 ACRONYMS 167 ACRONYMS (CONTINUED) 168 To order this report:e-Healthcare Industry: Global Markets for Telemedicine Technologies More Market Research Report Check our Industry Analysis and Insights Nicolas BombourgReportlinkerEmail: [email protected]: (805)652-2626Intl: +1 805-652-2626 SOURCE Reportlinker |