|
|
 |
|
Viewing report
|
|
|
|
European Remote Patient Monitoring Market
Frost & Sullivan, Sep 2010, Pages: 93
This study discusses the European remote patient monitoring market, presenting the market drivers and restraints for growth. There is a note on competitive and technology trends present in various sector of the market. A detailed revenue forecasts for individual market segments have been provided. In addition, an in-depth analysis of the seven geographic markets is presented for telecare and telehealth. The base year is 2009 with forecasts running through 2015. The market is further discussed in detail by telecare and telehealth segments to provide comprehensive insights about this market.
This research service titled European Remote Patient Monitoring Market provides a comprehensive analysis of the European markets for remote patient monitoring systems along with opportunities within those markets. In this research, Frost & Sullivan's expert analysts thoroughly examine the following the following markets: telecare and telehealth. The regions covered in this research service are the United Kingdom, Scandinavia, Benelux, France, Italy, Germany and Spain.
Market Overview
A Surge in the Aged Population and Related Hospital Expenses Drives Growth in the European Remote Patient Monitoring Market
Remote patient monitoring is gradually gaining significance in Europe as a result of a surge in the aged population and rising hospital expenditure, which drives patients to look for affordable alternatives. Growing awareness on the need for remote patient monitoring, along with increased government spending on such technologies, is boosting growth in the European remote patient monitoring market. “The shortage of specialists at hospitals coupled with higher hospital expenses are driving end-users to opt for remote monitoring solutions as an affordable alternative,” says the analyst of this research. “Development in the remote monitoring market is assured by the various initiatives taken by the governments across Europe.” The total European remote patient monitoring market is in the early stages of development and is poised to experience significant growth due to the need for regular monitoring of the aged population along with a rise in number of the chronically ill patients.
However, integrating various systems to facilitate healthcare services in remotely located patient is challenged by outdated systems or incompatible software. Additionally, high costs in the deployment of remote patient monitoring and low awareness and receptiveness to remote monitoring technology hinder the growth of this market. “Deficient data pertinent to funding and reimbursement practices deters several potential users from adopting remote monitoring systems,” explains the analyst. “Furthermore, lack of common European standards makes the regulatory environment unfavourable for growth.”
Remote patient monitoring providers are expected to concentrate on customising their products and services to suit specific client needs. Designing an efficient sales channel for the existing markets and adopting innovative market entry strategies will lead to higher market penetration rates. Improvements in technology are likely to enhance the brand image and guarantee strong returns from the remote patient monitoring end users. “Development of technologies that are compatible with multiple systems, including some old systems will help the remote patient monitoring providers to step-up their market share,” concludes the analyst. “Efficient sales and training procedures, along with adequate after-sales support to the end users, are expected to facilitate better gross margins for the participants.”
Market Sectors
Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:
By Application:
- Telecare
- Telehealth
By Region:
- The United Kingdom
- Scandinavia
- Benelux
- France
- Italy
- Germany
- Spain
Product samples
A sample for this product is available. Please Login/Register to download this sample.
|
|
|
|
