Double-Digit Growth Forecast for Australian Telehealth Devices Market

Australia has achieved significant strides in telehealth advancements, capitalizing on the integration of technology in healthcare. Consequently, these advancements will help drive double-digit growth in the country’s telehealth devices market over the next seven years.

GlobalData predicts Australia’s telehealth devices market will expand 10% annually throough 2030, driven by the country’s growing elderly population, technological advancements, and an increasing demand for healthcare and medical support in rural locations. The shortage of healthcare professionals and increased calls to reduce escalating healthcare expenditure are other factors that are expected to boost the Australian market to grow at a faster pace.
 
GlobalData’s report, “Telehealth Market Size (Value, Volume, ASP) by Segments, Share, Trend and SWOT Analysis, Regulatory and Reimbursement Landscape, Procedures and Forecast to 2030,” concludes that Asia-Pacific is one of the fastest-growing regions for telehealth. 
 
Wound care treatment in Australia is undergoing a notable transformation as digitalization in healthcare advances rapidly, providing strong support for the growth of the telehealth market. Significant developments are expected to take place in wound care in the coming years as researchers from the University of Adelaide introduce smart glasses featuring mixed reality technology. These innovative glasses are expected to revolutionize wound care, particularly for diabetes and vascular-related conditions.
 
“The escalating demand for telehealth services can be attributed to its provision of convenient and affordable access to high-quality medical treatment, effectively meeting the needs of both consumers and providers who prioritize convenience and improved care accessibility,” GlobalData Medical Devices Analyst Shraddha Sapkal said. 
 
Leveraging the power of video calling and mobile images, mixed-reality smart glasses are anticipated to provide enhanced solutions in the telehealth space, facilitating remote healthcare workers in rural areas real-time supervision from specialists as they assess and treat patients’ leg and foot ulcers.
 
“Australia’s inventive venture into smart glasses for wound assessment has set the tone for a transformative journey in the field of telehealth,” Sapkal stated. “With an ongoing dedication to innovation and improved healthcare access, the country stands out as a bright example for the global healthcare community. As the telehealth landscape evolves and thrives, the world may expect an upsurge of new advances and beneficial consequences that will overhaul not only wound care, but also the broader frontiers of healthcare.”