Global IT spending in the remote healthcare delivery market is expected to grow at a compound annual growth rate (CAGR) of 25%, reaching $75 billion by 2019, according to a new report by Technavio Research.
Remote patient monitoring provides people with the availability of high-quality healthcare facilities from their home.
An interesting trend emerging in the market is telehealth-as-a-service, which reduces the infrastructure costs required to provide quality healthcare, Technavio says. Telehealth-as-a-service offers technologies that include video conferencing infrastructure and telehealth equipment for an on-demand basis.
“Shortage of skilled healthcare professionals in rural areas have led to increased investments in robotic systems for telemedicine and surgery,” Navin Rajendra, lead analyst, IT Services at Technavio Research, said in a statement.
“Telesurgery and robotic surgery have fuelled the demand for image processing software and equipment, resulting in increased IT spending in the healthcare sector,” Rajendra said.
“Moreover, telehealth and mHealth are the two emerging healthcare delivery solutions that can reduce the effects of the low physician-to-patient ratio in remote areas.”
Leading vendors in the global remote healthcare delivery market include GE Healthcare, Mckesson, Philips Healthcare and Siemens Healthcare, the report says.
With the ever-increasing demand for remote healthcare, many companies in the market are focusing on innovations in healthcare IT infrastructure to commercialize their products and services, the report says. The market is seeing a rise in the number of collaborations between IT and healthcare companies.
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