In the latest research study, “Global Telemedicine Market Outlook to 2018”, RNCOS analysts identified market dynamics pertaining to specific countries to highlight the initiatives taken by several market players and healthcare providers to boost telemedicine sector’s growth. The market, which stood at US$ 14.2 Billion in 2012, is expected to grow at a CAGR of 18.5% during 2012-2018.
On the geographical-front, the report presents a detailed analysis of key geographies and the recent telemedicine-oriented developments. The Government and market players, particularly across U.S, have taken a step forward to support benefits of telehealth/telemedicine services via proposed Medicare and Medicaid programs. Recognizing the potential of telemedicine for the development of healthcare in the country, the USDA has provided funding that are expected to deliver positive outcomes in the field of telemedicine.
The report provides extensive information and rational analysis of the global telemedicine market. After thorough analysis of the market, analysts have drawn a logical conclusion about various drivers and challenges which influence growth of the telemedicine market. It also provides an insight into different telemedicine processes along with a segment-wise analysis to present an overview of the developments taking place.
In the end, the report concludes with a competitive analysis of key market players, providing business overview of each player along with their product portfolio. In addition, it elucidates key developments of players related to telemedicine which enables the client to formulate market strategies and assess the opportunity areas in key geographies.
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