Tele Home and M-Health segment has witnessed a strong growth under the telemedicine services segment. The segment is expected to witness stronger growth in the forecast period due to shortage of medical staff in the country.
Telepathology and Telepsychology have registered highest growth during the review period with a double digit 5-year CAGR. The segment has been witnessing demand from new end users. This trend would continue to prevail in the forecast period.
Telemedicine market is projected to expand in the forecast period primarily due to rise in the number of general practitioners which will allow the Telemedicine companies to expand by hiring more practitioners. The smartphone users' penetration is expected to reach 95% (of the overall population) by 2022. As the number of smartphone user's increase, more number of people will be able to use the mobile apps services extended by the Telemedicine companies. This would facilitate connecting to remotely based doctors and healthcare service providers in an easy & cost effective way. Moreover, the health insurance coverage is also expected to rise in the near future which will further increase the demand for Telemedicine services. Government (social health insurance) coverage has also been growing in Sweden. As more number of people is covered by insurance, the demand for Telemedicine services is expected to increase proportionally. The market is expected to achieve significant growth due to a momentous rise in the number of geriatric population. Geriatric population requires a lot of medical care moreover, finds it difficult to commute frequently.
New players have been entering the market in form of small start-ups and the existing players are expanding their service portfolio by providing more number of medical applications. There has been an acute shortage of nurses and hospital beds per capita in Sweden. To overcome this shortage, hospitals have increasingly started providing telemedicine services.
The elderly population of Sweden is expected to grow at a CAGR of 2% which will increase the demand for Telemedicine services especially Tele Assistance and Tele Psychology. The numbers of domestically trained doctors who migrate overseas has increased and will continue to increase at an approximate CAGR of 1.6%. As more number of doctors is expected to migrate, hospitals and clinics would face a shortage of doctors. Hospitals can use Telemedicine services to connect to these overseas doctors and provide medical care to patients domestically.
The report titled "Africa Telemedicine Outlook and Opportunities" provides a comprehensive analysis of e-Health scenario in Africa covering market challenges and success case studies by countries and at multinational levels.
The report 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).
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