Research from Berg Insight suggests 8.6 million Europeans were using connected healthcare solutions in 2021.
The figure relates to the end of 2021 and consists of traditional telecare, next-generation telecare, and telehealth solutions in EU27+3 countries.
“As lockdowns and quarantines were imposed all around the world, healthcare providers were motivated to adopt remote patient monitoring and telehealth solutions,” said Samuel Andersson, IoT Analyst at Berg Insight.
“This helped overcome some of the institutional hesitancy and conservatism that previously were major barriers for the adoption of these solutions.”
Berg Insight expects the current rapid adoption of connected healthcare solutions to continue.
Until 2027, the analysts forecast the number of connected care users will grow at a compound annual growth rate (CAGR) of 12.1 percent to reach 17.1 million.
Next-generation telecare is expected to overtake traditional telecare over the forecast period with around 7.7 million users in 2027. Traditional telecare will take second place with around 7.5 million users, followed by telehealth with an estimated 5.7 million users.
Tunstall and Legrand are expected to retain their leading positions in traditional telecare across nearly all markets but are being challenged by players including Careium, TeleAlarm, and Chubb.
There’s more competition in the next-generation telecare market with numerous companies vying to become leaders including Essence Group, Everon, Vitalbase and Vivago in activity monitoring; Navigil, Libify, Oysta Technology, SmartLife Care, and Smartwatcher in mobile telecare; and Evondos, Vitavanti, AceAge and iZafe Group in medication compliance monitoring.
The telehealth market is similarly competitive and features both start-ups and well-established solution providers such as Huma, Luscii, Dignio, Comarch, eDevice, and SHL Telemedicine.
“Care providers will start to offer more and more proactive and predictive services, by continuously analysing user data and acting on abnormalities,” adds Andresson.
“Such solutions rely on data not only from telecare devices but also from other sources such as smart home sensors, healthcare records and connected medical devices.”
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