Telehealth Market Price Trends, Industry Overview, Growth and Forecast 2020-2024

The global telehealth market is expected to reach around $40 billion, growing at a CAGR of 25% during 2018-2014. The access to telehealthcare has improved medical treatment and helped in cost-reduction, which has significantly increased the reach of the global telehealth market. The demand for virtual visits, remote patient monitoring, and mHealth is growing at a phenomenal rate, which, in turn, is driving the growth of the global telehealth market. The market is highly dynamic and competitive; local vendors offer a wide range of hardware and software solutions. Hardware manufacturers…

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Telehealth Market Expected to Grow At A CAGR Of 28% During The Forecast Period 2020–2025

The telehealth market by revenue is expected to grow at a CAGR of over 28% during the period 2019–2025. With rapid advances in telecommunication technology, telehealth is considered as the future of medicine. The growing incidence of chronic medical conditions such as diabetes and hypertension is influencing market growth worldwide. Telehealth is one of the useful tools for continuous monitoring of chronic conditions and treatment. The adoption of telemedicine is likely to rise with the penetration of smart gadgets. Telemonitoring is used to monitor congestive heart failure (CHF), tele stroke…

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Telehealth Market Price Trends, Industry Overview, Growth and Forecast 2020-2024

The global telehealth market is expected to reach around $40 billion, growing at a CAGR of 25% during 2018-2014. The access to telehealthcare has improved medical treatment and helped in cost-reduction, which has significantly increased the reach of the global telehealth market. The demand for virtual visits, remote patient monitoring, and mHealth is growing at a phenomenal rate, which, in turn, is driving the growth of the global telehealth market. The market is highly dynamic and competitive; local vendors offer a wide range of hardware and software solutions. Hardware manufacturers…

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