“Governments’ Initiative across the World to drive Global Telemedicine Market Growth in Future”: says Research Nester

The Global Telemedicine market is expected to experience a healthy growth rate in coming years. Driven by several telemedicine favorable initiatives taken by countries, especially in the U.S., the global telemedicine market is projected to grow at an average year-on-year growth rate of 14.5% from 2015 to 2021. At present, the North America constitutes the highest share in global telemedicine and is expected to lead in next five years i.e. 2015-2021.  On the back of various programs implemented by the U.S. government and various policies being updated would boost the use of telemedicine across the country. The report titled, “Global Telemedicine Market 2021”, projects the global Telemedicine market will reach USD 40.9 Billion during the forecasted period of 2015-2021 according to our research report.

The report further identifies the growth in North America (U.S. & Canada), Asia-Pacific, Europe and Rest of the World (ROW) and initiatives taken by countries. An expansion in the old people bracket and a huge gap in supply and demand base of physicians globally would fuel the demand of telemedicine in near future. In addition to that, making healthcare affordable for all segments of the society at a lower cost would further enable the telemedicine adoption to up in near future.

The report titled “Global Telemedicine Market 2020” provides detailed analysis on the Global Telemedicine Market in terms of telehospitals/teleclinic and telehome. To provide a detailed analysis of telemedicine market, the report also covered telemedicine market by application viz. Tele-radiology, Tele-dermatology, Tele-gynecology, Tele-neurology, Tele-cardiology, Tele-Psychiatry and Tele-pathology. Further, the report also analyzes the opportunities and developments of the Global telemedicine market in various regions viz. North America, Europe, Asia-Pacific and Rest of the World (ROW).

To provide the in-depth analysis, the management information research report also encompasses the growth drivers, restraints, Porter’s Five Force Model, Market Attractiveness, Base Point Scale Analysis (BPS) and government initiatives.

With a view to understand the competitive landscape, the research report includes profiles of major Telemedicine players but not limited to AMD Global Telemedicine, Inc., Philips Healthcare,  GE Healthcare, Aerotel Medical Systems, Allscripts Healthcare Solutions Inc., Honeywell Life Care Solutions, McKesson Corporation etc. The profile encloses business overview, key financial, product offering and recent developments. Overall, the report provides detailed overview on the Global Telemedicine Market that will help industry consultants, equipment manufacturers, service providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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