Robust Opportunities in Global Telemedicine Market

“Global telemedicine market to post a CAGR growth of 18.5% during 2012-2018”, says RNCOS research.


Noida, UP -- (SBWIRE) -- 03/13/2014 -- Telemedicine has changed the healthcare service delivery systems across the globe. With rapid advancement in telecommunication technology, remote monitoring services has been gaining acceptance. Rising prevalence of chronic diseases, reducing healthcare expenditures and increasing demand for high end services from consumers are some of the influential factors for growth of this sector. Besides, development of mobile technology and apps gradually build up roads to serve the potential rural and remote patients. It is used in wide variety of applications including cardiology, psychiatry, and radiology.

However, US government has allocated funds for delivering efficient telemedicine services by expanding their footprint in major markets through Medicare and Medicaid programs. Even the key players have also involved themselves in collaborations so as to strategize their market plans. They have been actively involved in launching remote monitoring systems using advanced telecommunication technology. The government and market players intend to cut down the healthcare expenditures in order to increase telemedicine patient populations.

Research Analysis & Highlights

The report entitled “Global Telemedicine Market Outlook to 2018”, which is spread across 70 pages provides an extensive research and in-depth analysis of the segmentation of telemedicine market into telehospital market and telehome market. The research provides the understanding of Telemedicine market globally as well as in most promising geographies including US, Europe and APAC. The key industry drivers ad challenges have been covered in detail along with the current and future market projections for 2012-2018.

Furthermore, the major processes/services pertaining to telemedicine industry have also been covered in the report. The report also provides an exhaustive study of some of the key players with their recent developments and product portfolios. Overall the report is an effective description of Global Telemedicine Market and will provide the client a source of knowledge and insights on same.

Some of the key findings of the report are:

- US: A potential Telemedicine Market
- Telehome Market to witness growth in Telemedicine sector

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RNCOS is a leading industry research and consultancy firm incorporated in 2002. As a pioneer in syndicate market research, our vision is to be a global leader in the industry research space by providing research reports and actionable insights to companies across a range of industries such as Healthcare, IT and Telecom and Retail etc. We offer comprehensive industry research studies, bespoke research and consultancy services to Fortune 1000, Trade associations, and Government agencies worldwide.