World Telemedicine Market to See Remarkable Growth through 2021, Says iGATE RESEARCH in Its New Study Available at MarketPublishers.com17 Feb 2017 • by Natalie Aster
LONDON – The introduction of telemedicine has considerably changed the overall healthcare paradigm, owing to different technological innovations and advancements in the field of medical devices and services.
The world’s telemedicine market is poised to see remarkable growth at a high rate in the 5 years. Top factors predicted to fuel growth in the global telemedicine market include rising geriatric population, increasing prevalence of chronic diseases, ongoing improvements in telecom infrastructure and also rising need for affordable treatment options, among others. However, some factors could hamper further market growth, for instance, enhancing security and privacy concerns, lack of skilled professionals in remote areas and availability of telecom bandwidth.
On the basis of end-users, the telehospitals/teleclinics sector captured the biggest revenue share in the past year. Meantime, in the short run the telehome sector is anticipated to register the fastest growth, majorly due to the escalating inclination towards personalized healthcare.
Geographically, the world’s telemedicine market is led by the North American region. This is attributed primarily due to strong demand for technologically advanced products. Europe holds the second position worldwide.
New iGATE RESEARCH study titled “Global Telemedicine Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast to 2021” gives an all-round analysis of the fast-evolving world’s telemedicine market, discloses top-level data on the market performance and covers the market trends and dynamics. Furthermore, this report contains info on the situation across the top regional markets for telemedicine, examines the main growth drivers and restraints, touches upon regulative and competitive issues, identifies key challenges and opportunities. additionally, a comprehensive future outlook for the global telemedicine market is available in the topical report.
For other insightful research reports prepared by this publisher, please follow to the iGATE RESEARCH online catalogue at MarketPublishers.com.