The telehealth market is poised for increased competition over the next ten years, according to an InMedica news release.
InMedica published a whitepaper, "Competitive Dynamics in the World Telehealth Market – 2011 to 2020," that analyzes the current telehealth market and projects its future performance. InMedica predicts competition will increase as fixed gateway suppliers are expected to offer their own blood pressure monitors, weight scales and other products to compete in the peripheral device market.
In addition, cellular network providers are overtaking the "plain old telephone system" and Broadband. InMedica reported that telehealth data transmission via cellular networks represented 17 percent of total transmissions from gateways in 2010 but is expected to grow to 47 percent in 2020.
Health IT Companies' Stocks Soar as Stimulus Funds Drive EMR Adoption
EMR Market Projected to Surpass $8.3B by 2016
InMedica published a whitepaper, "Competitive Dynamics in the World Telehealth Market – 2011 to 2020," that analyzes the current telehealth market and projects its future performance. InMedica predicts competition will increase as fixed gateway suppliers are expected to offer their own blood pressure monitors, weight scales and other products to compete in the peripheral device market.
In addition, cellular network providers are overtaking the "plain old telephone system" and Broadband. InMedica reported that telehealth data transmission via cellular networks represented 17 percent of total transmissions from gateways in 2010 but is expected to grow to 47 percent in 2020.
Related Articles on Health IT Market Growth:
Sports and Health Mobile Apps Expected to Surpass $400M in 2016Health IT Companies' Stocks Soar as Stimulus Funds Drive EMR Adoption
EMR Market Projected to Surpass $8.3B by 2016