What is the Current Market Size and Forecasts of Telemedicine Market? Top Key Players are Aerotel Medical Systems, AMD Global Telemedicine, Inc., Intouch Technologies Inc., OBS Medical Ltd, Cerner Corporation, McKesson Corporation, BioTelemetry, Inc.

The global telemedicine market was valued at $21.5 billion in 2017 and is projected to witness a CAGR of 14.8% during the forecast period 2018–2023. The major factors driving the market growth are rising healthcare costs, prevalence of chronic and lifestyle-associated diseases, government funding and grants, smartphone users, and need for remote patient monitoring in developing countries, and consistent need for improved healthcare services.

Download free report sample at: https://www.psmarketresearch.com/market-analysis/telemedicine-market/report-sample

Due to climate change and changing lifestyle and food habits, incidents of diseases are increasing. Since doctors or medical professionals cannot always be available or patients cannot always go to a healthcare center, telemedicine came into being. Telemedicine helps healthcare professionals diagnose, evaluate, and treat patients, who are far away, using telecommunication equipment, including audio and video devices. The telemedicine market is segmented by type, service, specialty and region. The service segment comprises the tele education, tele monitoring, teleconsulting, tele training, and others categories.

Among all services, tele monitoring services are expected to witness the highest CAGR, of 17.0%, during the forecast period. It involves remotely monitoring patients, who are unable to visit a clinic or hospital. Such patients can have a number of monitoring devices in their home, the data from which is communicated to their healthcare provider via mobile, telephone, broadband technology or cable network. It is an easy way to monitor patients and minimize their frequent visits to the clinic. Owing to the increasing use of home-monitoring devices and associated benefits, especially for heart patients, tele monitoring is expected to fuel the telemedicine market prosperity.

Browse report overview with detailed TOC on "Telemedicine Market" at: https://www.psmarketresearch.com/market-analysis/telemedicine-market

The lack of healthcare facilities in the remote areas and the growing geriatric population are pushing the demand of remote patient monitoring services. In addition, working people are so busy in their daily chores that they ignore going for routine check-ups. Here, remote monitoring services help by establishing a smooth communication with medical practitioners, thus, saving time and the cost incurred due to doctor visits. Wireless technologies help healthcare organizations address issues, such as error rates and worker productivity. Furthermore, it permits healthcare provides to keep a check on patients far away as well.

Make enquiry before buying the report: https://www.psmarketresearch.com/send-enquiry?enquiry-url=telemedicine-market

Owing to advanced technologies, new partnerships and growing need for remote monitoring services, the telemedicine market is forecasted to witness healthy growth.

Contact:
P&S Intelligence
Toll-free: +1-888-778-7886 (USA/Canada)
International: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com

About P&S Intelligence

P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

This release was published on openPR.