Telemedicine Market to Exceed USD 113 Bn by 2025
The world’s telemedicine market is set to see impressive growth through 2025, according to new research report by Grand View Research recently added at MarketPublishers.com.
London, United Kingdom, December 24, 2016 --(PR.com)-- Spurred by increasing incidence of chronic diseases and escalating demand for self-care, the world’s telemedicine market is set to register impressive growth between 2016 and 2025. The market value is anticipated to reach around USD 113.1 billion by the year 2025.
Furthermore, rising application of Internet together with accelerating demand for centralization of healthcare is predicted to save on cost incurred, which is one of the key success factors encouraging growth in the telemedicine market. Telemedicine also helps to reduce emergency room visit and hospitalization rate, this gives impetus to the market growth as well.
The connectivity and network segment will likely register the highest growth rates through 2025.
As a pioneer in IT technologies, North America takes dominance in the world’s telemedicine market. Meantime, the APAC market is expected to experience impressive growth through 2025 due to favourable economic reforms, low functioning costs and boosting IT industry.
Some of the noteworthy players in the telemedicine sphere include Intel Corporation, IBM, Philips Healthcare, AMD Telemedicine, McKesson Corporation, Cardio Net and GE Healthcare.
Cutting-edge research report by Grand View Research gives a hand in understanding of the global telemedicine market landscape. Find the report at https://marketpublishers.com/report/life_sciences/healthcare/telemedicine-market-analysis-by-product.html
Contacts
The Market Publishers, Ltd.
Natalie Aster
Tel: +44 208 144 6009
Fax: +44 207 900 3970
ps@marketpublishers.com
MarketPublishers.com
Furthermore, rising application of Internet together with accelerating demand for centralization of healthcare is predicted to save on cost incurred, which is one of the key success factors encouraging growth in the telemedicine market. Telemedicine also helps to reduce emergency room visit and hospitalization rate, this gives impetus to the market growth as well.
The connectivity and network segment will likely register the highest growth rates through 2025.
As a pioneer in IT technologies, North America takes dominance in the world’s telemedicine market. Meantime, the APAC market is expected to experience impressive growth through 2025 due to favourable economic reforms, low functioning costs and boosting IT industry.
Some of the noteworthy players in the telemedicine sphere include Intel Corporation, IBM, Philips Healthcare, AMD Telemedicine, McKesson Corporation, Cardio Net and GE Healthcare.
Cutting-edge research report by Grand View Research gives a hand in understanding of the global telemedicine market landscape. Find the report at https://marketpublishers.com/report/life_sciences/healthcare/telemedicine-market-analysis-by-product.html
Contacts
The Market Publishers, Ltd.
Natalie Aster
Tel: +44 208 144 6009
Fax: +44 207 900 3970
ps@marketpublishers.com
MarketPublishers.com
Contact
TD The Market Publishers, Ltd
Natalie Aster
+44 208 144 6009
https://marketpublishers.com
Contact
Natalie Aster
+44 208 144 6009
https://marketpublishers.com
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