Last year, 4.7 million people around Europe were using connected care solutions, according to Berg Insight. This figure traditional telecare, next-generation telecare and telehealth solutions in the EU28+2 countries.
Going forward, Berg predicts CAGR of 19.2% to 13.7 million telehealth users by 2019. As of right now, traditional telecare is largest and most mature of the three market segments, but the next-generation telecare and telehealth segments are entering a strong growth phase that is expected to last for many years to come.
The aging population and the increase of chronic diseases is pushing the European connected care industry to change. Ultimately we’ll see the entire market reshaping during the coming years.
Digitalization of telephone networks is one of the main developments that already has started in several countries. Replacements of telecare equipment is needed as analogue devices no longer function reliably with modernized infrastructure. In addition, the market is opening up to new types of solutions followed by next-gen telecare systems that support functionalities such as remote visits and video communication.