Articles for Physicians - Articles by DoctorsMedical Articles › Hopeful Factors Pave Way for Further Growth in Global Telemedicine Market

In the recent years, the telemedicine has evolved from a trend to a developing industry. According to a new research report by RNCOS, several promising factors have become instrumental in the growth of the telemedicine industry across the globe. The need for good quality healthcare in rural areas, lack of sufficient hospitals and healthcare centers, shortage of good quality physicians and nurses, and geographical limitations to healthcare are among the major factors promoting the global telemedicine market, which is receiving support from governments worldwide.

The study, “Global Telemedicine Market Analysis”, anticipates that the global telemedicine market is forecast to grow at a CAGR of around 19% during 2010-2015. Driven by rising aging population, augmented medical requirements in isolated locations, and technological developments, the global market for telemedicine was anticipated to be nearly US$ 9.8 Billion in 2010. Telemedicine and its varied applications are growing and diversifying. Besides, there are promising developments happening in the sector across the globe. Through its varied advantages, the telemedicine aims at overcoming healthcare limitations in geographies, namely the US, Europe, Japan, China and India. At the geographical front, the US and Europe dominate the global telemedicine market.

The report, which is spread over 60 pages, provides a thorough research and rational analysis of the current and expected status of the global telemedicine market. Highlighting various telemedicine processes, such as Real-time Telemedicine, Remote Monitoring and Store-and-forward Telemedicine, the study facilitates the present and future forecasts for the industry. Providing an insight into the performance of various sub-segments, the research gives an overview of the emerging clinical applications in telemedicine. The detailed geographical analysis has been done on key geographic segments, and recent developments in these areas have been elaborated in the report to portray a clear picture of the industry to clients.

About RNCOS:

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.

Article By: Shushmul Maheshwari

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