Europe Telemedicine Market – Size, Outlook, Trends and Forecast (2024 – 2032)

CAGR during the forecast period. Growing awareness of telemedicine in rural areas is likely to fuel the growth of the telemedicine market. By speciality, it is segregated into teleradiology, telecardiology, telepathology, emergency care, others. The telecardiology market is growing at a rapid rate owing to the increasing incidence of cardiac disorders. Tele-radiology accounted for a significant share of the tele-hospitals market driven by varied usage of this technology for shifting patient’s medical reports.

Tele-consulting segment is likely to lead the telemedicine market in 2017. This can be attributed to the growing number of smartphone users and the benefits available with teleconsulting services, like reduced hospital stays, and decreased healthcare expenditure and travel cost. By Geography, Europe accounts for the critical share of the global telemedicine market. European Union has started to promote the use of telemedicine for enlightening healthcare access while saving resources. Regulation and reimbursement for telemedicine in the European Union differ, and it is up to the member states to choose from. Lack of public reimbursement, UK is one of the primary markets within the EU where a vast number of people are privately assured. In the Netherlands, telephone consultations are reimbursed through fixed prices. Belgium offers the least mature telemedicine market owing to lack of regulations and preference towards direct consultation over remote consultation.

Europe Telemedicine Market Segments Trends:

• In November 2017, BioTelemetry, Inc. partnered with Apple Inc. to offer cardiac monitoring services in combination with the Apple Heart Study.
• In September 2016, Aerotel and LevMed collaborated to enhance the market share and integrating the products to provide eco-friendly ECG- telemonitoring solutions.

Europe Telemedicine Research Report:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

To have a complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried out to understand the market more comprehensively.

Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year

Identifying DROC in the current market and their impact on altering the market dynamics.

Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with significant competitors.

Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.

The primary key telemedicine market leaders are:

• GE Healthcare
• Cisco Systems, Inc.
• Koninklijke Philips N.V.
• AMD Telemedicine, Inc.
• McKesson Corporation
• Bio Telemetry Inc.
• Honeywell Lifesciences

Along with these companies, there were many other companies considered/cited in the report while analysing the Europe telemedicine market size. These companies hold substantial share-owning to the nature of the industry whereas the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and stable customer base.

partneredwith Apple Inc.