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.
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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.
An
increasing need for delivering healthcare services to rising
geriatric population, growing dearth of physicians and increasing
chronic disease incidence facilitates the growth of video
telemedicine market. Moreover, increasing adaptation of mobile,
smartphone and tablet into healthcare IT segment facilitating
technology penetration and incorporation of big data to allow more
efficient, more effective and improved operational efficiency in
telemedicine services, further helps to boost the video telemedicine
market, in near future.
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.
Major
Players Operating This Market
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 application, video telemedicine market segmented into:
-
Oncology
-
Cardiology
-
Dermatology
-
Gynecology
-
Dentistry
-
Neurology
-
Others (Orthopedics, Pathology)
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