Video Telemedicine The future of healthcare

The global video telemedicine market has the potential to grow with potential CAGR in the forecast period from 2020-2027. The emerging demand for video telemedicine owes to the rise in chronic diseases that require frequent advice and consultation from physicians. Also, increasing treatment bills are propelling market demand for global video telemedicine.

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Telemedicine is a product of the combination of network technology and medical technology. It usually includes remote diagnosis, expert consultation, information service, online examination. Computer and network communication done through transmission, storage, and sharing of medical data and remote video and audio information.

Moreover, the main application scenarios of telemedicine are remote areas or small cities and small county towns with inconvenient transportation and lack of medical resources, including rural areas, remote mountain areas, and plateau areas. Besides, telemedicine is also suitable for outdoor, offshore, and other scenarios.

The global video telemedicine market segmented into 3G, 4G, Satellite Communication, ADSL, and Broadband ISDN. The ADSL segment accounted for the largest share in the worldwide video telemedicine market. The platform takes into account both the real-time and interactive features and the traditional large-scale conference organization and control mode

Key companies

AMD Global Telemedicine, Inc., Logitech, Cisco Systems, Inc., Huawei Technologies Co., Ltd., Sony Corporation, Plantronics, Inc., GlobalMed, Vidyo, Inc., Lifesize, Inc., VSee, ZTE Corporation, Vermont Telephone Company, Inc., West Corporation, Avaya Inc., Plantronics, Inc., Premiere Global Services, Inc, Allscripts, Aerotel Medical Systems (1998) Ltd, Lifesize, Inc, Redox