Global Medical Network Solution Market: Introduction
Medical network solution helps the organizations to expand and reach its patients and provide the best care possible, regardless of their location. But launching a medical network solution is a difficult task. As the healthcare providers need to maintain network interoperability, navigate the cost and complexity of such system, meet the key responsibilities for security and privacy and balance the expectations with resources. Basic medical network solution is provided with very limited approaches and an off the shelf technology such as VPN (Virtual Private Network). The medical network solution helps the healthcare organizations to navigate the challenges associated with transforming business process and new technology adoption. The medical network solution can reliably and securely exchange medical data including video and voice communications between rural and urban locations across different regions. The medical network solution also supports IP based applications, including VoIP, constantly changing list of telemedicine applications and video conferencing. The medical network solution includes services and facilities for all types and sizes from specialized urban treatment centers to small rural facilities centers. Hence the medical network solution can create a private connection between facilities within an organization at one location or between the facilities in different organization at different locations. The medical network solution provider provides connectivity according to the requirement of the user including the user authentication, security measures, level of bandwidth needed and many more.
Global Medical Network Solution Market: Dynamics
The medical network solution helps to connect the new locations of the organizations after merger, acquisitions or the expansions. Thus the medical network solution helps the healthcare organizations to work as a single unit much quicker, which is one of the key factors driving the growth of the medical network solution market. The traditional on-premises medical network solution can have various pieces of equipment in multiple boxes each supporting a different function such as WAN acceleration, security routing, and others. By moving to the virtualized medical network solution system may only have one or two boxes, which provides high level of performance and helps to reduce costs significantly over traditional on-premises solutions. Thus this is one of the major factor fueling the growth of the medical network solution market during the forecast period. Moreover, the government of some countries have implemented stringent federal mandates to increase focus on improving the quality of healthcare, is another factor driving the growth of the medical network solution market. However, the initial high cost of deployment of medical network solution is majorly restraining the growth of the medical network solution market.
Global Medical Network Solution Market: Segmentation
The global medical network solution market can be segmented on the basis of deployment, organization size, and region.
Medical network solution market, by deployment
Medical network solution market, by organization size
Global Medical Network Solution Market: Competition Landscape
Some of the key vendors in medical network solution market are Ayasdi, Inc., Optum, Inc., McKesson Corporation, Aldera, Inc., Mphasis Limited, Genpact Limited, Syntel, Inc., Infosys BPO, Ltd., Vestica Healthcare, LLC, TriZetto Corporation and other medical network solution providers.
Global Medical Network Solution Market: Regional Outlook
Geographically, the medical network solution market can be segmented into North America, Western Europe, Latin America, Eastern Europe, Asia Pacific excluding Japan (APEJ), Middle East and Africa (MEA) and Japan.
North America dominated the medical network solution market, followed by Europe, Asia Pacific and other regions. North America is anticipated to dominate the market due to increasing need to reduce healthcare costs in U.S. and government support for IT healthcare solutions in Canada. Moreover increase in health insurance coverage triggered by the Patient Protection and Affordable Act in the U.S., is responsible for the demand of medical network solution in this region. Moreover, the growth of medical network solution market is anticipated to grow significantly in the European region due to the adoption of the cloud based IT solution in this region.
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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. It provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. It also maps the qualitative impact of various market factors on market segments and geographies.