The increasing acceptance of 4G and 5G spectrum and growing acceptance of telemedicine in UK is posing as opportunities for the players in the telemedicine market. Babylon Health will be able to develop its artificial intelligence technology to a great level and will be able to diagnose and foresee personal health issues better than doctors. The demand for telemedicine in UK is expected to grow at a rapid pace from the year 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.
UK government has implemented data protection act 2018. This act will secure the patient data in hospitals and with telemedicine companies. The hospitals and telemedicine providers must make sure that the patient information is used fairly, lawfully and transparently for specific and explicit purposes.
UK Telemedicine market is expected to register positive CAGR of around 10.4% during the period 2018-2022 in terms of revenue. Providing better data security and adopting different marketing techniques to create awareness is expected to have positive impact on the overall telemedicine market.
The global market for telemedicine is expected to reach nearly USD64 Billion by 2022. The deployment of telemedicine has significantly changed the healthcare paradigm, due to various technological innovation in the field of medical device and services.
The report titled "The US Telemedicine Market Outlook to 2018 - Rising Penetration of Telehome Care and mHealth" provides a comprehensive analysis of the various aspects such as the market size of the US telemedicine, Telehome, Telehospital, telemedicine technology (hardware and software) and services, mhealth, real-time telehealth, store and forward system and hybrid telehealth market along with the future outlook of the industry.
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 discusses about the current health scenario of different countries such as South Africa, Kenya, Ghana, Nigeria, Uganda, Botswana, Cameroon and Ethiopia.
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