A recent report is projecting that the global telemedicine market will expand from its current $38.3 billion valuation to $130.5 billion by 2025.
According to the study by Global Market Insights, this 19.2 percent compound annual growth rate (CAGR) will be largely fueled by worldwide telecommunication network developments, market opportunities in rural areas or those without easy access to...
According to research firm InMedica, unit shipments of telehealth equipment worldwide were worth $163.3 million in 2010, with the vast majority in North and South America ($122.9 million). By 2015, InMedica projects the total will be $990 million, and by 2020, $6.28 billion, with North and South America contributing 36 percent of the total.
According to the report, increasing use of home-...