Market Research Reports - Ken Research Growing Adoption of Electronic Health Records | Page 2

telemedicine healthcare processes and systems available globally. The telemedicine market is
categorized into services, software, and hardware. The telemedicine services segment
witnessed an increasing adoption of monitoring solutions by patients in remote areas,
advancement in telecommunication technology, and introduction of ACA (Affordable Care Act)
globally. The software segment in telemedicine is an integral part of telemedicine services and
works as an interface between the database, patients or employer groups or government
bodies.
Major Players in Global Telemedicine Market: Latest, telemedicine services utilize the
advanced electronic communications and latest software to provide better healthcare services
to patients who are not able to visit the hospital. Generally, telemedicine technology is used for
follow-up visits, management of chronic conditions, medication management, specialist
consultation and other medical services that are provided via secure video and audio
connections. Telemedicine is a virtual medicine that helps in reducing the emergency room
visits and hospitalization rate. Global leading telemedicine players are Philips Healthcare,
Medtronic plc, Honeywell Life Care Solutions, Tunstall Healthcare, Care Innovations, Cerner
Corporation, Cisco Systems, Inc., Medvivo Group Ltd., GlobalMedia Group, LLC, Aerotel Medical
Systems Ltd., AMD Global Telemedicine, Inc., American Well, InTouch Health, and Vidyo, Inc.
The global telemedicine market has the potential to revolutionize healthcare delivery at various
places. It was observed that there is a constant medical technological innovation, increasing
remote patient monitoring and the rising use of treatments that require long follow-ups which
attracts the global telemedicine market. Telemedicine provides instant access to medical
experts, any hospital, medical facility, specialists, and medical institutions to share any medical
resources immediately with any hospital or clinic around the world. Telemedicine market is
divided based on the specialty area such as general consultation, cardiology, dermatology,
neurology, gynecology, trauma care, ophthalmology, orthopedics, psychiatry, pathology,
general surgery and others. The end-users in the telemedicine market are hospitals, clinics,
patients and others. Few leading tel emedicine players in Asia Pacific region are IBM, Intel
Corporation, Philips Healthcare, McKesson Corporation, AMD Telemedicine, GE Healthcare, and
Cardio Net Inc.
Majority of the doctors working in hospitals and clinics worldwide have spent most of their time
using conventional means to treat patients. Training or convincing the older generation
healthcare workers to use the telemedicine is a huge task and it cannot be accomplished easily.
Only after the next generation of doctors takes over the healthcare industry there would be a
possibility of rapid development in the telemedicine market and it would easily take at least
another couple of decades. Few factors restraining the telemedicine market are legal issues,