23.07.14

Telemedicine tipped for growth in next 4 years

The global market for telemedicine is expected to grow at a CAGR of 18.5% between 2012 and 2018, according to industry research body RNCOS.

In the RNCOS research study "Global Telemedicine Market Outlook 2018", analysts identify factors that are driving the market in specific countries.

One major driver pinpointed is the shortage of physicians in rural and remote areas, as well as the high prevalence of chronic diseases, consistent need for improved quality services and a rising elderly population.

The report outlines key geographies and their recent telemedicine-oriented developments. It also provides an insight into different telemedicine processes and segments as well as competitive analysis of key market players.