The
report titled “UK
Telemedicine Market Outlook to 2022 - by Services (Tele Home & M-Health and
Tele Hospital), by Technology Platform (Software, Hardware and Telecom), by
Clinical Applications (Tele Cancer Services, Tele Radiology, Tele Pathology,
Tele Neurology, Tele Psychology and Others)” provides a comprehensive analysis on the UK telemedicine services
and technology platform Market. The report covers introduction and genesis, market
size, market segmentation by service platforms (Tele Home & M-Health and
Tele Hospital), by type of technology platform (Software, Hardware and
Telecom), by type of clinical applications (Tele Cancer Services, Tele
Radiology, Tele Pathology, Tele Neurology, Tele Psychology and Others) and by
delivery mode (Cloud Based and Web Based). The report also covers the overall
competitive landscape of major Telemedicine companies including Immedicare,
Babylon Health, Push Doctor, Tele Medicine Clinic, Doctor Care Anywhere,
Toothpick, Home Touch, Zesty, Skin Analytics, Capture Proof, Medio.Link, Tunstall,
Tynetec Ltd., Just Checking, Tele Support. The report also covers Value Chain
Analysis in UK telemedicine market, Government regulations, Case Study on
successful telemedicine service provider, PEST analysis, along with analyst
recommendation and macroeconomic variables.
The
report is useful for telemedicine service providers, investors, telemedicine
software & hardware companies, potential entrants and other stakeholders to
align their market centric strategies according to ongoing and expected trends
in the future.
UK Telemedicine Market
Size and Overview
Market Size: Telemedicine
market in UK is at its growing stage. A number of Telemedicine devices are
emerging such as blood pressure monitoring, weight management machines,
interactive stethoscope, ENT otoscope and general examination camera. Increasing
government funding and grants for telemedicine, consistent need for improved
healthcare quality services and increasing number of smart phone users has boosted
the telemedicine market. Telemedicine technology has been expanding with
integrated home-healthcare connected at telemedicine platforms. In 2017, the UK’s
NHS launched a new service where patients can speak to a physician through
their mobile devices via video call or text. The service called GP At Hand is
available countrywide and as is the case with most NHS services, is free at the
point of delivery.
Market Segmentation:
By Service and Technology Platform
In 2017,
service platform has dominated the UK telemedicine market. Services has higher
market share. 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 a particular disease. The technology platform consists of software,
hardware and telecom out of which software has dominated the market.
By Type of Service Platform
In 2017,
Tele home and M-health services has dominated the UK Telemedicine market
followed by Tele hospital. Aging population, increase in diabetic and cancer
patients, less number of clinics, 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 and M-Health services.
By Type of Technology Platform
In 2017,
software services have contributed the highest share in terms of revenue in UK
telemedicine market. 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 maintenance. The hardware services hold the
second highest share followed by telecom having share contribution in 2017. 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.
By Clinical Applications
In 2017,
Tele cancer services have dominated the market in terms of domestic revenue. Tele
cancer services dominate because of the rising number of cancer cases in the
country. In 2017, the Tele Radiology contributed the second highest share
followed by Tele Pathology, Tele Neurology, Tele Psychology services. Others
services include dermatology, epidemiology, prescription counseling, surgical applications,
cardiology and dentistry has contributed the least share in UK Telemedicine
market in 2017.
By Delivery Mode
In 2017,
cloud base delivery mode has dominated the market followed by web based
services. In cloud based the telemedicine company uploads the patient’s
documents, prescriptions and X-rays on the cloud server from where doctors can
access the documents any time they want through their personal device. The web
based services are less expensive in comparison to cloud based services as in
web based just LAN connection is required and low storage hard drives.
Competitive Landscape
UK Tele
Medicine market is highly concentrated with the presence of around 40-45
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. The leading companies in UK Telemedicine market are
Immedicare, Medio.Link, Babylon Health, Push Doctor, Tele Medicine Clinic,
Medio.Link, Doctor Care Anywhere, Toothpick, Home Touch, Zesty, Skin Analytics,
Capture Proof, Tunstall, Tynetec Ltd., Just Checking, Tele Support and others.
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, range of medical
applications offered and others. Healthcare companies are evaluating the return
on investment (ROI) and clinical consequences of the telemedicine technology.
Some of the leading telehealth companies are Care Innovation, Doro Care, Living
Safely, Tele health Solutions, Appello, Tec Angel, Tunstall and Tynetec.
Future Outlook to UK Telemedicine Market
UK
Telemedicine market is expected to increase at a double digit CAGR 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 demand for telemedicine in UK is expected to grow at a rapid pace
from 2021 to 2022. The growth will be driven by the increasing emphasis of
healthcare information technology (HIT) players, increasing prevalence of
chronic diseases and continual investments from both public and private
sectors. Since radiology has proven to be such an effective field for outsourcing
via telemedicine, many hospitals will be looking at the possibility of
splitting off many other specializations. Psychiatry, neurology, and many other
disciplines are ripe for decentralization employing Tele health practices.
Key Topics Covered in the Report:-
·
UK Telemedicine market overview and genesis
·
Value chain analysis in UK Telemedicine Market
·
UK Telemedicine market size
·
UK Telemedicine market segmentation by service and technology platform, by type of service platform
(Tele Home & M-Health and Tele Hospital), by type of technology platform
(Software, Hardware and Telecom), by type of clinical applications (Tele Cancer
Services, Tele Radiology, Tele Pathology, Tele Neurology, Tele Psychology and
Others) and by delivery mode (Cloud Based and Web Based)
·
Trends and Development in UK Telemedicine Market
·
Issues and Challenges in UK Telemedicine Market
·
Case Study on successful telemedicine service provider
·
Government regulation in UK Telemedicine market
·
PEST Analysis in UK Telemedicine market
·
Competitive landscape in UK Telemedicine market
·
Company profiling for major players in UK Telemedicine
market
·
Telemedicine software companies
·
Telemedicine hardware companies
·
UK Telemedicine market future outlook and projections
·
Analyst Recommendations
·
Macroeconomic Factors in UK Telemedicine market
For More Information,
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Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
