1. Market Research
  2. > Internet Business
  3. > E-Healthcare Market Trends
  4. > Analysis of the Telehealth and Telecare Market in Europe

Analysis of the Telehealth and Telecare Market in Europe

  • November 2015
  • -
  • Frost & Sullivan
  • -
  • 157 pages

Summary

Table of Contents

Commercialisation of Pilot Projects and Reimbursement Policies Will Boost Adoption

The objective of this research service is to present a comprehensive analysis of the telehealth and telecare market in Europe, with respect to the market potential and key market dynamics. The regional scope of the analysis focusses on the United Kingdom, Germany, France, Italy, Spain, Scandinavia, and Benelux. The study assesses the various factors driving market growth together with the challenges affecting the industry. Opportunities within the total market and market segments are estimated for the forecast period. The report also features total market and region-specific revenue forecasts. The study period is from 2014 to 2020. The forecast period is from 2016 to 2020, with 2015 as the base year.

Methodology
- The objective of this research service is to present a comprehensive analysis of the telehealth and telecare market in Europe, with respect to market potential and key market dynamics.
- The regional scope of the analysis is focused on the United Kingdom, Germany, France, Italy, Spain, Scandinavia, and Benelux.
- The study covers factors driving growth, challenges affecting the industry, opportunities within the total market, and market segments as estimated for the forecast period.
- The study period is from 2014 to 2020. The forecast period is from 2016 to 2020, with 2015 as the base year.

Key Findings
- The telehealth and telecare market in Europe is in a growth phase. The growth rate is expected to be consistent for the next two to three years, following which it is expected to show a steady increase depending on the establishment of infrastructure, reimbursement guidelines, and commercialisation of pilot projects.
- A rising ageing population and need for chronic disease management have given impetus to telehealth and telecare adoption. Initiatives by the government and regional healthcare authorities to convert major pilot
projects to large-scale commercial deployments will contribute to the adoption of telehealth and telecare across Europe; this will be further augmented by Europe’s eHealth policies and digital agenda.
- However, the lack of proper reimbursement policies, non-scalable business models, and underdeveloped interoperability standards are coming in the way of rapid adoption of telehealth and telecare.
- Adoption has traditionally been higher in the telecare segment than in the telehealth segment, as the former has benefited from the robust community care and social care systems at regional and country levels.
However, with regional health authorities and governments across Europe planning to include teleconsultations in reimbursement policies and physician-pay schedules, the uptake of telehealth is expected to increase in the next five years.
- The average expenditure on telehealth and telecare is increasing, while prices are expected to reduce in the next three to five years. This reduction in price is expected due to the low prices for end-points such as
smart devices. The increasing maturity of the Internet of Things (IoT) is expected to enhance the adoption of devices that are IP-enabled and provide better connectivity from improvements in wireless technology
and the establishment of communication standards and protocols.
- The competition is high among telehealth and telecare vendors in Europe; there are global vendors with established product lines and large market footprints alongside domestic companies catering to regional
markets.
- The key competencies of global companies are scalable solutions and several years of experience in sectors such as patient monitoring devices and point-of-care diagnostics. However, European vendors
benefit from an in-depth understanding of cultural, regulatory, and operational aspects of the regional market in which they are focused.
- Failure to establish a scalable business model that generates returns has led to key market participants exiting the market as well as changing ownership. Significant factors contributing to market volatility include
dependency on service-based models that do not generate immediate returns and failure to account for hidden implementation costs.
- Market dynamics vary across the region and involve several stakeholders as decision-makers at the regional healthcare authority and government levels. It is highly important for vendors to have good contract-management practices requiring them to invest significant time and effort in securing long-term contracts so that implementation costs can be spread out and recovered over a long time span.
- In the last five to seven years, medical device manufacturers, pharmaceutical companies, mobile network operators, and telecom vendors have entered the market—pointing to a convergence trend between the
healthcare and information technology sectors. Customer demand across the region is varied and vendors (manufacturers, infrastructure service providers, and data analytic providers) will seek out partnership
strategies to best serve the desired value-chain and provide end-to-end solutions.
- Direct sales is the preferred model, with B2B sales accounting for % of business; vendors have lesser success with B2C models in this area as applicable to existing business models.
- Europe has varying adoption rates for the telehealth and telecare segments across countries; this has been attributed to the variations in the strength of the respective country’s eHealth strategy, availability of health
and IT infrastructure, budget, and supporting regulations including reimbursement policies and guidelines on cross-border healthcare services.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Ahmad

+1 718 618 4302

Purchase Reports From Reputable Market Research Publishers
Hospital Information Systems (HIS) Market Analysis By Delivery Mode, (Cloud-Based Technology, On-Premises Installation, Web-Based Technology), By Component, (Software, Hardware, Services) And Segment Forecasts, 2013 - 2025

Hospital Information Systems (HIS) Market Analysis By Delivery Mode, (Cloud-Based Technology, On-Premises Installation, Web-Based Technology), By Component, (Software, Hardware, Services) And Segment Forecasts, 2013 - 2025

  • $ 4950
  • Industry report
  • January 2017
  • by Grand View Research

The global hospital information systems (HIS) market is expected to reach USD 39.7 billion by 2025 according to a new report by Grand View Research, Inc. The growing demand to reduce the wastage of healthcare ...

Growth Opportunities in the US Telehealth Market, Forecast to 2021

Growth Opportunities in the US Telehealth Market, Forecast to 2021

  • $ 4950
  • Industry report
  • April 2017
  • by Frost & Sullivan

Healthcare Specialties such as Telebehavioral Health, Teledermatology, and Medical-grade Activity Tracking Expected to Add Value for both Patients and Physicians Telehealth services and systems have made ...

Global Telemedicine Market - Growth, Trends and Forecasts(2017 - 2022 (2017 - 2022)

Global Telemedicine Market - Growth, Trends and Forecasts(2017 - 2022 (2017 - 2022)

  • $ 4250
  • Industry report
  • February 2017
  • by Mordor Intelligence LLP

In the year 2015, the global telemedicine market was estimated to be worth around USD 23,224 million and is expected to reach USD 66,606 million by the year 2021, growing at a CAGR of 18.8% during the ...


Download Unlimited Documents from Trusted Public Sources

Telemedicine Industry in the US

  • April 2017
    44 pages
  • Telemedicine  

  • United States  

View report >

Telemedicine Industry in the US

  • April 2017
    72 pages
  • Telemedicine  

    Health Care Pro...  

    Patient Monitor...  

  • United States  

View report >

Telemedicine Industry in the US

  • March 2017
    32 pages
  • Telemedicine  

    Health Care Pro...  

    Hospital  

  • United States  

View report >

Related Market Segments :

Telemedicine

ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.