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TeleMedicine Applications, Insurance & Billing

Introduction Study Goals and Objectives

Objectives of both the original and the updated studies include:  Defining new avenues in the telemedicine market, mainly in terms of cutting-edge technology development, value-added services and newer applications.Providing an in-depth understanding of the economics of  telemedicine in terms of business models, a cost-benefit analysis and information for an investment business case.  Identifying opportunities for all the stakeholders in telemedicine.  Making a comprehensive market forecast (2011 to 2016) of telemedicine and all its key sub-segments.

BCC's key objective is to present a comprehensive analysis of the current telemedicine market and its future direction. 

Intended Audience
This report is intended for telemedicine hardware manufacturers, software providers, telecom and networking companies, the healthcare industry and healthcare insurance companies.  Key takeaways include the identification and quantification of markets for technology and services in the telemedicine market.  Opportunities are defined in terms of market forecasts, avenues, trends, market drivers and competitive gaps.
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Reasons for the Study

Companies require clarity regarding the main markets for telemedicine technologies and services. BCC is interested in providing a comprehensive market forecast for multiple market segments (e.g., technologies, services, applications, geographical).

There has been a global focus on the use of telemedicine as a tool to cut down healthcare costs and bring about mammoth  savings. Implementation of the new U.S. healthcare law will, if anything, intensify this focus, by increasing the number of people with health insurance 
and seeking medical services. In the near to mid-term, telemedicine technologies offer one of the few ways of enabling healthcare personnel to meet the increased demand without unacceptable delays or other forms of de facto rationing.
 
BCC is interested in studying the ways in which collaborative healthcare can be better and more economically implemented through telemedicine. Recently announced best practices to cut down global healthcare costs, including outsourced medical services, home-based treatment, intervention as opposed to post treatment, integrated information technology (IT) environments, increased efficiency of healthcare resources and reducing billing gaps, all point toward the increasing use of telemedicine.
 
BCC aims to identify the key success factors in the telemedicine market and to gauge the ways in which this market can significantly affect larger markets such as healthcare, health insurance, home care, telecommunications (telecom), networking, disease management, e-health and healthcare IT.  The report is well timed, as major Tier I stakeholders are entering the telemedicine market.

Telemedicine Service Providers

The report provides telemedicine integrators with a market forecast of the telemedicine service market. It highlights value-added services and unique business models of telemedicine that can help to win business success.
 
Healthcare Companies
Hospitals, home care companies, disease management companies, specialists and clinics can obtain a detailed market forecast for telecardiology, teleradiology, telepsychiatry, teledermatology, telepathology and other telemedicine applications.
 
Health Insurance Companies
Private and government health insurance companies will get a comprehensive and in-depth understanding of the global telemedicine market and all its main players. This report provides business cases to aid their decisions when investing in telemedicine. 

Hardware, Software and Networking

Telemedicine Hardware Manufacturers This includes hardware manufacturers of home care units (e.g., vital signals), videoconferencing equipment and store-and-forward (i.e., radiological and pathological) units. The report provides market forecasts for the five-year period from 2011 through 2016. It provides analysis of recent technology developments and includes profiles of main players, benchmarking information, 
key buying criteria and value-chain mapping.
 
Telemedicine Software Providers 
Market forecasts are included for telehome and telehospitals/clinics across different geographic markets.
 
Telecom and Network Companies
The report describes a business model that can be executed by large telecom companies that can use it to increase their market share over the near to mid-term. Telecom companies can use the business model to facilitate consolidation. They can also get an overview of the total number of connections forecast for telemedicine users and a forecast of the market.



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