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Remote Health Delivery Market Growth, Trends, Analysis and Forecast

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According to the report, a key growth driver is the shortage of physicians and hospital beds. Increasing pollution, hectic work life, improper dietary habits, and other lifestyle issues have led to a rise in the incidence of diseases and the number
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Remote Health Delivery Market Share, Size, Global Insights,
Emerging Trends, Growth Drivers and Future Outlook:
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Summary
Technavio Announces the Publication of its Research Report – Remote Health Delivery Market in India
2016-2020
Technavio recognizes the following companies as the key players in the remote health delivery market in
India: Apollo Hospitals, Aravind Eye Care, Narayana Health, and Philips Healthcare.
Other Prominent Vendors in the market are: Aerotel Medical Systems, Fortis Healthcare, Manipal
Hospitals, Medtronic, and Televital.
Commenting on the report, an analyst from Technavio’ s team said: “A trend which is expected to boost
market growth is the increase in investments. With advances in technology and the rising internet
penetration, many start-ups are entering the remote health delivery market in India and are receiving
investments. In 2015, Qualcomm Ventures announced an investment of $150 million in start-ups in
India. Attune Technologies, a healthcare start-up based in Chennai, Tamil Nadu, became the first to
benefit from this. Attune announced a Series B funding of $10 million from Qualcomm Ventures along
with $6 million in its Series A funding from existing investor Norwest Venture Partners. Attune aims to
deploy Internet of Things in the Indian healthcare industry. It offers a cloud-based software that
connects devices such as lab analyzers and ICU machines to a health network. This gives clinics,
hospitals, and diagnostic labs instant access to over 10 million patient records integrated from multiple
sources.
”
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According to the report, a key growth driver is the shortage of physicians and hospital beds. Increasing
pollution, hectic work life, improper dietary habits, and other lifestyle issues have led to a rise in the
incidence of diseases and the number of admissions in hospitals. However, the healthcare sector in India
experiences a shortage of hospital beds. For instance, the waiting time for a private ward in the
neurosurgery department at All India Institute of Medical Sciences, the premier healthcare center in
India, is around four to six months, while a general bed for surgery in the same department requires a
waiting time of more than a year.
Further, the report states that one challenge that could restrict market growth is the lack of proper
infrastructure.
The study was conducted using an objective combination of primary and secondary information
including inputs from key participants in the industry. The report contains a comprehensive market and
vendor landscape in addition to a SWOT analysis of the key vendors.
About the Remote Health Delivery Market in India
Remote health delivery, or telemedicine, is defined as the remote delivery of healthcare services
through ICT. It is an effective combination of ICT and medical science that helps address the challenges
faced by the Indian healthcare delivery system. Remote health delivery shifts the focus of a healthcare
system from curing diseases in hospitals to a system that provides healthcare delivery whenever and
wherever the need arises. A widespread adoption of remote health delivery systems will transform the
role of hospitals in providing healthcare services. It will improve service quality, streamline processes,
and increase the overall efficiency of hospitals.
Technavio’ s analysts forecast the remote health delivery market in India to grow at a CAGR of 20.18%
during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the remote health delivery market
in India for 2016-2020. To calculate the market size, the study considers the revenue generated from the
services provided by the healthcare service providers.
The market is divided into the following segments based on end-users:
• Commercial segment
• Government segment
• Public-private partnerships (PPPs)
• NGOs
Technavio's report, Remote Health Delivery Market in India 2016-2020, has been prepared based on an
in-depth market analysis with inputs from industry experts. The report covers the market landscape and
its growth prospects over the coming years. The report also includes a discussion of the key vendors
operating in this market.
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Key vendors
• Apollo Hospitals
• Aravind Eye Care
• Narayana Health
• Philips Healthcare
Other prominent vendors
• Aerotel Medical Systems
• Fortis Healthcare
• Manipal Hospitals
• Medtronic
• Televital
Market driver
• Shortage of physicians and hospital beds
• For a full, detailed list, view our report
Market challenge
• Lack of proper infrastructure
• For a full, detailed list, view our report
Market trend
• Increase in investments
• For a full, detailed list, view our report
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Table of Content
PART 01: Executive summary
• Highlights
PART 02: Scope of the report
• Scope of study
• Vendor segmentation
• Top-vendor offerings
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
PART 05: Global remote healthcare delivery market
• Market overview
• Market size and forecast
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• Global remote health delivery market ecosystem
• Global remote health delivery market by geography
PART 06: Remote health delivery market in India
• Market overview
• Types of remote health delivery
• Remote health delivery revenue model
• Applications of remote health delivery
• Five forces analysis
PART 07: Market drivers
PART 08: Impact of drivers
PART 09: Market challenges
PART 10: Impact of drivers and challenges
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