InMedica Predicts Shake-up in the Telehealth Market
10/13/2010 12:03:14 PM
WELLINGBOROUGH, England--(BUSINESS WIRE)--A new report from InMedica on the world market for telehealth estimates that, with a large installed base, Honeywell Hommed was the leading supplier for telehealth with a 15.4% market share in 2009 worldwide. However, with newer players like Philips Healthcare, Bosch Healthcare and Cardiocom penetrating the market in the last few years, Honeywell Hommed has been gradually losing share. In fact, being the single largest supplier for Veterans Association (VA) care coordination program, Bosch Healthcare was a close second with a 14.9% market share and is quickly closing this small gap.