APAC Telehealth Market, By Hardware (Telehealth Monitors, Monitoring Devices), By Software (Standalone, Integrated), By Services (Remote, Real Time, Store and Send), By Deployment (Web Based, Cloud Based, On Premise), By End-User (Healthcare Payers, Healthcare Providers, Patients), By Country (Japan, China, India, South Korea, Australia, Singapore, Taiwan, Malaysia, Rest of APAC) – Trend and Forecast to 2022
The new market report contains data for historic years 2014 & 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
The APAC telehealth market is categorized on the basis of hardware, software, services, deployment, end user, and geography. The market, by hardware, is categorized into telehealth monitors and monitoring devices. The monitoring devices sub segment is further classified by device type into blood pressure meters, blood glucose meters, weight scale, pulse oximeters, peak flow meters, ECG monitors and other devices. The software market is further segmented into integrated and standalone software. The services market is further segmented into remote monitoring, real-time, and store and send. Based on deployment, the market is categorized into web-based, on premise, and cloud-based. The market by end user is segmented into providers, payers, and patients.
Based on geography the APAC telehealth market is segmented into 9 countries, Japan, China, India, South Korea, Australia, Singapore, Taiwan, Malaysia and rest of APAC. Japan is expected to dominate the market due to the large pool of elderly population, shortage of healthcare facilities, shift towards mhealth and chronic disease patient pool. China and India are expected to grow at the highest CAGR, during the forecast period 2016 to 2022.
APAC healthcare is under continuous threat of rising chronic conditions and shortage of healthcare professionals in all developed countries. Telehealth is expected to offer the solution to this threat, owing to advancements in mobile technology telehealth now can be applied in multiple provider type with maximum integration. As key components of telehealth clinical monitors, peripheral devices are expected to form the key ingredients in telehealth market.
Some of the major players in this market are Cerner Corporation, GE Healthcare, Honeywell Life Care Solutions, McKesson Corporation, Ergotron, Inc., Medtronic, Inc., InstaMD, The Medvivo Group, Philips Healthcare, USARAD Holdings, Inc., Robert Bosch Healthcare, Vitaphone GmbH, Siemens Healthcare, Cisco Systems, Inc., SnapMD, Inc. and, Tunstall Healthcare among others