A joint survey conducted in 2016, by American Telemedicine
Association (ATA) and WEGO Health, to understand patient’s
perspective on the use of video telemedicine, revealed that consumers
are more interested in using telehealth as a replacement or
complement technique for in-person patient care. Video conferencing
in healthcare reduces re-hospitalization by extending care at home,
delivers video-audio consultation, provides easy-to-use interface and
reduce travel time and associated costs. In addition, video
telemedicine improves efficiency by clear content sharing and
facilitating more participant to engage into discussion.
Video
telemedicine for treating patients is important aspects of
telemedicine facility, which facilitates reliable quality and
clinical efficiency to in-home care, acute care and ambulatory care.
Telehealth continue to gain importance in healthcare industry.
Patients are realizing the value of virtual care options and
substituting it for in-patient care option. Telemedicine extends the
healthcare solutions to the rural patients and to the patients living
in the remote location areas, which increases accessibility to care
at lower costs. Healthcare professionals and independent physicians
increasingly use telemedicine application and software services to
video conference with patients, when they lack infrastructure for
in-house patient care. The 2017 U.S. Telemedicine Industry Benchmark
Survey conducted by REACH Health, among physicians, healthcare
executives, nurses, and other healthcare professionals in the U.S.
found that telemedicine continues to evolve from specialty service to
mainstream service. Also, 94% of participants choose video
conferencing feature (integrated audio and video for live patient
engagement) and found it the most valuable tool in telemedicine
platform service.
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Video telemedicine to become effective tool as in-person care for
Parkinson’s disease
According to the study published in Neurology Journal, in April 2017,
video telemedicine is expected to become a new tool to improve care
for people suffering from Parkinson’s disease and essentially for
those patients who do not have easy access to a neurologist.
Moreover, the study finding shows that video telemedicine for chronic
disease such as Parkinson’s disease is more effective than
in-patient care. In addition, the broader adaptation of technology
has a potential to expand the access to patient-centered care
facilities.
Some of the key players operating in the video telemedicine market
are Huawei technologies Co. Ltd., Polycom Inc., Vidyo Inc.,
Adobe Systems Incorporated, Cisco Systems, Inc., Avaya Inc., ZTE
Corporation, West Corporation and Microsoft Corporation.
Video Telemedicine Market Taxonomy:
On the basis of deployment, video telemedicine market segmented
into:
• On-premise video conferencing
• Cloud-based video conferencing
On the basis of component, video telemedicine market segmented
into:
• Hardware
• Software
On the basis of application, video telemedicine market segmented
into:
• Oncology
• Cardiology
• Dermatology
• Gynecology
• Dentistry
• Neurology
• Others (Orthopedics, Pathology)
On the basis of communication technologies, video telemedicine
market segmented into:
• 3G
• 4G
• ADSL
• Broadband ISDN
• Satellite communication
On the basis of end-user, video telemedicine market segmented
into:
• Hospitals
• Clinics
• Home Care services
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