Tuesday, September 4, 2018

Netherlands Telemedicine Market Research Report to 2022: Ken Research

How Telemedicine Market Is Positioned in Netherlands?
Telemedicine Market in Netherlands is at its growing stage. Telemedicine is considered as the most versatile technology available to deliver health education, health information and health care at a distance. A number of Telemedicine devices are emerging such as Tele sphygmomanometer, weight management machines, interactive stethoscope, ENT otoscope and general examination camera. The sale of telemedicine services and technology has increased from EUR ~ million in 2012 to EUR ~ million in 2017.

Rising number of chronic, increasing cost of healthcare services, growing need for remote patient monitoring services and technological innovation and shortage of physicians in rural areas are some of the driving factors supporting the telemedicine market. During 2017, Netherlands’s telecom company, T-mobile, has laid the foundation for its future 5G network to make the TD-LTE network technology available on a large scale. With this revolution in internet the demand of telemedicine increased in the market.

During the year 2013, Karify entered the market as an e-mental health platform that supports therapy sessions with online treatment. Karify also allows patients to combine face-to-face meetings with online exercises, tailored medical information and ways to communicate safely.

In February 2015, KSYOS Telemedicine Center has renewed the website and the web application for the use of KSYOS Tele Dermatology. This helped the company in increasing their customer base in dermatology application.

In 2015, Noviosys entered the market with the aim of transferring telemedicine and telematic products, into the international environment of science and technology center Novio Tech Campus.
In 2017, the number of smart phone users in Netherlands was 12.6 million and are expected to reach 14.6 million by 2021.

In June 2017, Dutch investment company Main Capital Partners has acquired a majority stake in Verklizan, a Dutch telehealth infrastructure company. Verklizan offers a innovative, cloud-based, Connected Healthcare platform for social alarms and remote care.

How has been the Growth of Service Platform in Netherlands Telemedicine Market?
In 2017, services have dominated the market with revenue contribution of ~% in Netherlands telemedicine market amounting to EUR ~ million. Services has higher market share because patient tend to avail more services rather than purchasing the technology. Technology involves onetime cost and services upgrade from time to time. Moreover, a person will at least consult a GP, doctor or a nurse twice for particular disease. This increases the revenue for services over technology. The service platform consists of Tele Home & M-health and Tele Hospitals.

Application Areas: Patient interviews, reviews of previous consultation, follow-up assessment for functional mental status, Endoscopy, maternity, mental health, out patients, pre operation, radiology, multi device connectivity and others.
In 2017, technology has a revenue contribution of ~% in Netherlands telemedicine market amounting to EUR ~ million.

Latest Technology: Xpress Station is customizable station which accommodates specific examination needs. With its slim footprint, built-in WiFi and Ethernet, Xpress Station is the perfect mobile telemedicine solution to seamlessly fit into small clinical spaces.

Which Type of service Platform is GENERATING MORE Demand for Telemedicine Market in Netherlands?
Tele home involves the delivery of healthcare services to patients at home through the use of telecommunication technologies such as video conferencing, voice call and chat process. In 2017, Tele home and M-health services has revenue contribution of ~% in Netherlands telemedicine market amounting to EUR ~ million.  Ageing population, increase in mental health cases, growing need for remote patient monitoring services, ease in consultation process and less consultation fee in comparison to hospital visit are the main growth drivers which have propelled the growth of Tele home services

In 2017, Tele hospital service has a revenue contribution of ~% in Netherlands telemedicine market amounting to EUR ~ million.

In 2016, the numbers of registered cases of cancer were ~ increased by ~ from 2015. This increase in number of cancer patients over the years has led to an increase in Tele hospital services. Skin cancer is the most common of all the cancer as in 2016 there were ~ patients of skin cancer out of which ~ were men and ~ were women.

Which Type of Technology Platform is GENERATING MORE Demand for Telemedicine Market in Netherlands?
In 2017, software technology has dominated the market with revenue contribution of ~% in Netherlands telemedicine market amounting to EUR ~ million. The software leads in the market because software requires up gradation with time in order to add more features and for fixing up the bugs. This adds cost to software. Telemedicine software companies provide their services in 2 ways, either they provide general software which is applicable in all the clinical applications or they customize the software according to the demand of the customers such as customer can ask software for only psychiatry application or dermatology application. Telemedicine hardware is the platform used by providers to connect with patients through hardware devices and share data through software services. It can be integrated with a provider's electronic health record and scheduling systems. In 2017, hardware technology has a revenue contribution of ~% in Netherlands telemedicine market amounting to EUR ~ million. Telemedicine hardware is used to render healthcare services from a distance or remote locations. With the increase in the demand of digital health platform the demand for telemedicine hardware is also increasing.

Which Clinical Application is generating more Demand for Telemedicine Market in Netherlands?
In 2017, Tele psychiatry services have dominated the market with revenue contribution of ~% in Netherlands telemedicine market amounting to EUR ~ million. In 2017, the numbers of registered cases of psychiatric were ~, increased by ~ from 2016. Tele psychiatry service is most famous in Tele hospitals and Tele clinics because they have all the required software and hardware for transmitting the relevant information to the psychiatrists.

In 2017, Tele dermatology services have a revenue contribution of ~% in Netherlands telemedicine market amounting to EUR ~ million.
Tele Assistance and Tele Consultation have contributed a share of ~% and ~% respectively in terms of revenue. Others services include Tele radiology, Tele Neurology, Tele cardiology, Epidemiology, Prescription Counseling, Surgical Applications, Cardiology and Dentistry has contributed ~% share in Netherlands Telemedicine market in 2017.

What is Competitive Scenario in Netherlands telemedicine Market?
Netherlands Tele Medicine market is moderately concentrated with the presence of around 20-25 telemedicine players in the market. The entry barriers are high for a company entering into the Tele Medicine market. The set up cost of Tele Medicine business is also very high as it requires latest technology equipments with most modern services for providing best results and consultation to the patient either through video or audio system.

KSYOS Telemedicine Centre and Karify are the leading companies in Netherlands Tele Medicine market. Other leading companies in Netherlands telemedicine market are Noviosys, Philadelphia, Beter Dichtbij, Home Touch, Blue Med, Tele Assistance 77, Verklizan and Focus Cura

Telemedicine players are concentrated on improving their technology offerings in terms of hardware, network and software (i.e., enabling technologies), experience in the market, services offered, cost of services, USP, range of medical applications offered and others. Future competitive edge in the market will be based on evaluating opportunities by the players in telemedicine in the form of consolidation. Insurance companies are taking a realistic look at the ability of telemedicine to support e-healthcare and considerably improve the bottom line.

Moreover, every telemedicine and healthcare provider has to take licenses from the European Union for patient’s data protection, for E-commerce regulations

What is the Future Outlook for Telemedicine Market in Netherlands?
Netherlands Telemedicine market is expected to increase at a CAGR of ~% in between the year 2018 and 2022 in terms of revenue due to the increasing number of aging population, growing number of smart phone users and rising healthcare cost. The sale of telemedicine services and technology is expected to reach EUR ~ million in 2022 to EUR ~ million in 2018.

The increasing acceptance of 4G and 5G spectrum and growing acceptance of telemedicine in Netherlands is posing as opportunities for the players in the telemedicine market. The demand for telemedicine in Netherlands is expected to grow at a rapid pace from 2021 to 2022. The growth will be driven by the increasing prevalence of chronic diseases and continual investments from both public and private sectors. In coming years, there are chances of more personalized telemedicine apps for both patients and clinicians, with the flexibility to specify the information transmitted between doctor and patient. Telemedicine app development also will give rise to MHealth, also known as mobile Health.

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