Breaking News
Home / News / Video Conferencing Market In The Healthcare Domain To Reach US$ 623 Mn By 2022 – Credence Research

Video Conferencing Market In The Healthcare Domain To Reach US$ 623 Mn By 2022 – Credence Research

According to a new market research report published by Credence Research “Video Conferencing in Healthcare (By Deployment Model–On-premise, Cloud-based and Managed Services)Market – Growth, Share, Opportunities, Competitive Analysis and Forecast 2015 – 2022”,the global healthcare video conferencingmarket was valued at US$246.0Mn in 2014 and is estimated to expandwith a CAGR of 12.1% from 2015 to 2022.

Market Insights

Healthcare video conferencing refers to a video collaboration system for communication between medical practitioners/experts and patients. Video conferencing enables easy medical support within no time and reduces the need for unnecessary hospitalization and travelling. These solutions are available on-premise as well as cloud-based and hence are cost effective.This makes them feasible for both healthcare organizations as well as patients.

Browse the full report at

The most significant factor fueling the market growth is the overall rising shift towards telemedicine services worldwide. Due to rising advancement and investment in the healthcare IT infrastructure, the healthcare video conferencing market is expected to witness high growth in the coming years. Healthcare organizations gain various benefits such as better patient care, collaboration among the healthcare teams and easy and faster training from video conferencing solutions. Additionally, various national governments are making efforts for development of their healthcare IT infrastructure for betterment of the healthcare services. As a result, the global healthcare video conferencing market is estimated to register strong growth in the coming years.

Nevertheless, the major factors hindering the market growth are the financial and technological challenges in the market. Video conferencing solutions are majorly setup on-premise making them costlier. Additionally, the patients may be required to operate the video conferencing equipment which still is a challenge in large number of countries. Further, low technology awareness and acceptance among the people is another factor contributing to the challenges of the market.

Competitive Insights:

The global healthcare video conferencing market is consolidated in nature with few major international players contributing to more than fifty percent of the total market revenue. Some of the major players operating in the market include Polycom, Inc. Cisco Systems, Inc., Avaya, Inc. and Huawei Technologies Co., Ltd. among others. Healthcare video conferencingmarket is quite nascent as compared to the overall video conferencing industry. Thus, these companies continuously emphasize on development of advanced solutions with minimal price in order to gain a competitive edge in the market. This makes the market highly competitive in nature.

Browse the full report at

Key Trends:

Development of advanced healthcare video conferencing solutions with higher reliability
Promoting cloud-based healthcare video conferencing solutions
Focus on countries having stronger healthcare IT spending
Development of high definition (HD) solutions with minimal price

Latest Reports:

Feminine Hygiene Products Market Growth, Future Prospects & Competitive Analysis, 2016 – 2023

Therapeutic Monoclonal Antibodies Market Growth, Future Prospects & Competitive Analysis, 2016 – 2024

Platelet Rich Plasma (PRP) Market Growth, Future Prospects & Competitive Analysis, 2016 – 2023

About Us:

Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

Who we are

Credence Research is a worldwide firm, containing more than 15 research consultants and almost 100 research and information professionals.

Our customers mirror our worldwide nature. Around 45% are in Europe, 30% in the Americas, 13% in Asia Pacific and 12% in the Middle East and Africa.

Our firm is intended to work as one. We are a solitary global research organization united by a solid arrangement of qualities, concentrated on customer effect.

What we do

We serve customers at each level of their organization, in whatever limit we can be most helpful, whether as a trusted counsel to top management or as a hands-on mentor for forefront representatives. For each engagement, we collect a group with the most suitable experience and ability.

No matter the challenge, we concentrate on delivering functional and persevering results, and preparing our customers to develop and lead. We join forces with customers to place suggestions into practice. Our research specialist work straightforwardly with customers over long stretches to create workforce aptitudes, drive operational change, and apply new working strategies.


Name: Chris Smith

Designation: Global Sales Manager


Ph: 1-800-361-8290

Web:  Credence Research

Release ID: 3686

About Chris Smith

Check Also


Global Copper Indium Gallium Selenide (CIGS/CIS) Solar Cells Module Market to 2016 – Industry Survey, Market Size, Competitive Trends and Forecasts : Acute Market Reports

This report studies Copper Indium Gallium Selenide (CIGS/CIS) Solar Cells Module in Global market, especially ...