A report by InMedica found the global market for telehealth is on course to top $1 billion by 2016, according to an InMedica news release.
The report, "The World Market for Telehealth — A Quantitative Market Assessment- 2011 Edition," also estimates the global telehealth market could reach $6 billion in 2020.
An increase in home monitoring is one of the drivers of this growing market, which is most established in the United States, according to the news release.
World Health IT Market Predicted to Reach $162.2B in 2015
Global Telemedicine Projected to Grow at Compound Annual Rate of 19%
The report, "The World Market for Telehealth — A Quantitative Market Assessment- 2011 Edition," also estimates the global telehealth market could reach $6 billion in 2020.
An increase in home monitoring is one of the drivers of this growing market, which is most established in the United States, according to the news release.
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Global Telemedicine Projected to Grow at Compound Annual Rate of 19%