Navi Mumbai, Maharashtra India (PressExposure) June 22, 2011 -- The global telemedicine industry has been growing stupendously for the past few years. Being cost efficient than the normal hospital care, patients have now started to rely upon this mode of treatment. It has been observed that, the healthcare delivery services has witnessed a paradigm shift, thus making it possible for the patients to get treatments for a wide range of indications, such as heart disease, inflammation, infection, cancer, diabetic condition, and chronic condition.
According to our new research report "Global Telemedicine Market Analysis", the global telemedicine market is anticipated to grow at a CAGR of around 19% during 2010 - 2015. Market growth will be driven by the efficiencies gained from the implementation of automated process. As the governments and private players have stepped in the industry across various geographical locations, the future prospects of the market shows immense opportunities to tap on.
Our thorough study on the industry indicates that, the global telemedicine industry has witnessed numerous product launches and mergers & acquisitions during the past few years. The main focus of the companies has been to introduce technology based products in the market.
Our report has found that, the US and Europe dominate the world telemedicine market. The US has witnessed deployment of numerous federal grants during the past few years, which has aided in the superfluous growth of the telemedicine market in the country. Europe, on the other hand, has been witnessing a strong demand for telemedicine products due to the rising aging population and enhanced requirements for home treatments. Our study indicates that, Asia has huge growth potential in the coming years as telemedicine demand in this region will be driven by the rising healthcare costs.
The report provides extensive information and rational analysis of the global telemedicine market. It has thoroughly examined current market drivers & restraints, industrial developments, and competitive landscapes to enable clients understand the market structure and its progress in coming years. The report also provides an insight into different telemedicine processes along with segment-wise analysis to present an overview of the developments taking place in these segments. Further, a review of product introductions/innovations and recent industry activity has also been covered in the report. The study also analyzes market developments for regions including the United States, the EU, Japan, China, and India to illustrate a true picture the telemedicine industry in these regions.
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