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Global Telemedicine Market Witnesses Cut-Throat Competition
[November 03, 2015]

Global Telemedicine Market Witnesses Cut-Throat Competition


According to a new research report by RNCOS entitled, “Global Telemedicine Market Outlook 2020”, The global Telemedicine market comprises of professional healthcare players such as McKesson, IBM, GE Healthcare, Siemens etc, handful of small & medium sized companies like Agfa Healthcare, Honeywell, and Polycom among others as well as IT giants for instance IBM, Google, Microsoft, Intel etc. The industry is facing strong competition across the globe due to increasing number of patients enrolled in telemedicine programs. The players are battling to win contracts involving high volumes of equipments and devices.



The renowned player in software market, Mckesson lead the telemedicine industry with 18% global share in 2014. Mckesson is sustaining its market dominance by extending its healthcare technology to analytics, connectivity solutions, and value-based tools & services. It is progressively increasing its customer reach to the emerging markets of Latin America & Asia-Pacific through mergers & acquisitions.

By leveraging world-class innovation, deep clinical expertise and extensive relationships, Philips Healthcare emerged as the second largest player in telemedicine industry. The Company is developing world-class patient monitoring solutions, Picture Archiving and Communication Systems (PACS) and fully integrated Electronic Medical Record (EMR) systems. Similarly by having experience in remote patient monitoring, GE and Siemens are investing heavily in telemedicine segment.


IBM accounted for 5% share in global telemedicine market. The Company has been focusing on expanding its technology portfolio to digital health systems. 92 of the world’s top 100 healthcare organizations use IBM cloud monitoring healthcare and software services.

In addition to the aforementioned players, several other players like Cerner, Honeywell, Agfa Healthcare, Polycom etc. are investing in videoconferencing units to upgrade the market with advance technical capabilities.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM752.htm Check Related REPORTS on: http://www.rncos.com/Healthcare_Industry.htm ABOUT RNCOS RNCOS is a leading industry research and consultancy firm incorporated in 2002. As a pioneer in syndicate market research, our vision is to be a global leader in the industry research space by providing research reports and actionable insights to companies across a range of industries such as Healthcare, IT and Telecom and Retail etc. We offer comprehensive industry research studies, bespoke research and consultancy services to Fortune 1000, Trade associations, and Government agencies worldwide.

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