Transparency Market Research

Global Telemedicine Technologies Market to Reach US$2.4 Bn by 2018 as Healthcare Sector Embraces Technology

Transparency Market Research Report Added "Telemedicine Technologies Market" to its database.


Albany, NY -- (SBWIRE) -- 02/22/2016 -- A new report by Transparency Market Research showcases an accurate account of the global telemedicine technologies market. The research report, titled "Telemedicine Technologies Market - Global Industry Size, Market Share, Trends, Analysis And Forecasts 2015 - 2023," gives a comprehensive view of the market. The research data has been studied through a microscopic lens to offer a well-rounded overview of the market. The report helps the readers make key business decisions pertaining to the growth of their businesses by identifying the strengths, the weaknesses, the threats, and the opportunities present in the global telemedicine technologies market.

The global telemedicine market has been growing at a remarkable pace in recent years due to the high adoption rate of advanced products and technologies in the healthcare sector, increasing awareness about medical conditions, and improving healthcare facilities. The global telemedicine technologies market has revolutionized the healthcare sector by making it interactive and increasing its network, and has brought medical help to those who need it the most in the remotest regions.

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Telemedicine technologies make use of telecommunication technologies to offer healthcare facilities to patients in remote areas. This form of medical intervention has become its unique selling point. The ability to treat patients in inaccessible regions, the growing demand for telesurgery, improving healthcare awareness, and rise in the adoption of technology in developed regions are some of the factors propelling the global telemedicine technologies market. Owing to these reasons, the global telemedicine technologies market is expected to reach US$2.4 bn by 2018 from US$740 mn in 2011, expanding at a CAGR of 18.58% from 2012 to 2018.

Telemedicine technologies have made a considerable contribution in bringing down healthcare costs and saving patients the trouble of making hefty payments towards healthcare. The biggest advantage of telemedicine technologies is their ability to offer excellent medical help or intervention to those who cannot physically reach it. The implementation and flawless execution of the Patient Protection and Affordable Care Act (PPACA) is also driving the global telemedicine technologies market, as a lot of patients can now seek healthcare insurance and other medical services.

Some of the important players in the global telemedicine technologies market profiled in the report are Medical International Research, International Business Machines Corp., Cardiocom, Intouch Technologies, Diagnostics, 3m Health Information Systems, Medtronic Inc., Roche, Aerotel Medical Systems Ltd., Siemens Healthcare, Agfa Healthcare Nv, Telemedicine Software Providers, and Telecom Players. The report offers an insightful take on the financial overview, product portfolio, research and development activities, investment outlook, business and marketing strategies, and strategic mergers and acquisitions of these players in the near future. With these details, the report gives a complete explanation of the competitive landscape of the global telemedicine technologies market.

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