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Reading: Berg Perception says 14.7 million Europeans used related care options in 2024
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The Wall Street Publication > Blog > Business > Berg Perception says 14.7 million Europeans used related care options in 2024
Business

Berg Perception says 14.7 million Europeans used related care options in 2024

Editorial Board Published February 14, 2025
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Berg Perception says 14.7 million Europeans used related care options in 2024
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Berg Perception has present in its newest analysis that round 14.7 million individuals in Europe have been utilizing related care options on the finish of 2024.

The determine refers to customers of telecare and telehealth options within the EU27+3 international locations.

Till 2028, Berg Perception forecasts that the variety of related care customers will develop at a compound annual development price (CAGR) of 11.8 % to succeed in 23.0 million.

Telecare is the biggest and most mature section of the related care market with a complete of 9.7 million customers on the finish of 2024. The marketplace for telehealth options is getting into a development section with an estimated whole of 6.6 million customers within the EU 27+3 international locations on the finish of 2024. Berg Perception expects that telecare would be the largest section of the related care market all through the forecast interval reaching 13.1 million customers in 2028.

Telehealth will observe with 12.5 million customers on the finish of the forecast interval. There may be an overlap between the market segments as telecare customers may also be outfitted with telehealth programs.

The telecare gear market in Europe is extremely consolidated. The three main gamers – Tunstall, Legrand and TeleAlarm – maintain main positions in almost all markets and collectively account for about 60 % of the telecare unit gross sales within the area. Further distributors embrace Careium, Chiptech and Chubb. Chiptech has its operations within the UK market, in the meantime Careium is a number one market participant within the Nordic area and has additionally presence within the UK. Corporations reminiscent of Telecom Design, Essence Group, 9Solutions, Oysta Know-how (Entry Group) and Everon are additionally key telecare gear distributors. Enovation, Skyresponse and Azur Comfortable are the main suppliers of telecare monitoring software program options. Further vital distributors energetic in Europe are Tellu, Yorbl, Urmet, Navigil, SmartLife Care, Libify, SmartWatcher, Simply Checking and Vivago.

graphic: connected care users EU 2022-2028

The telehealth market evolves shortly and plenty of new start-ups in addition to well-established answer suppliers from adjoining industries are energetic available on the market. Examples embrace Huma, Luscii (Omron Healthcare), Dignio, Comarch, eDevice and SHL Telemedicine.

The European related care trade faces main modifications that may reshape the aggressive atmosphere for answer distributors and repair suppliers throughout the coming years. The continuing digitalisation of phone networks in Europe requires replacements of PSTN-based telecare programs. On the similar time, the digitalisation permits new varieties of options that may advance the supply of care to the subsequent degree. This consists of next-generation telecare programs with new capabilities in addition to built-in options that allow a mixed supply of telecare and telehealth providers.

“Care providers have started to offer proactive and predictive services where user data is continuously analysed so that caregivers can act quickly on any abnormalities. 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”, stated Vatsala Raina, IoT Analyst at Berg Perception.

One other pattern value noting is that synthetic intelligence (AI) is put into use in trendy healthcare practices, driving enhancements in medical effectivity, affected person engagement and care coordination.

“AI-powered diagnostic tools are making a tangible impact on early detection and chronic disease management. Radiology departments use image-recognition software to identify early-stage tumours or signs of cardiovascular disease with high accuracy, allowing providers to initiate treatment sooner. In chronic disease management, AI-powered remote monitoring platforms can analyse trends in a patient’s heart rate, blood pressure or glucose levels. These systems send automated alerts to care teams, enabling timely interventions and potentially preventing hospital readmissions”, concluded Mrs. Raina.

TAGGED:BergcareConnectedEuropeansInsightmillionSolutions
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