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TMCNet:  Global Telemedicine market, which stood at US$ 14.2 Billion in 2012, is expected to grow at a CAGR of 18.5% during 2012-2018

[December 16, 2013]

Global Telemedicine market, which stood at US$ 14.2 Billion in 2012, is expected to grow at a CAGR of 18.5% during 2012-2018

(M2 PressWIRE Via Acquire Media NewsEdge) Dublin - Research and Markets (http://www.researchandmarkets.com/research/clg5fb/global) has announced the addition of the "Global Telemedicine Market Outlook to 2018" report to their offering.

The deployment of telemedicine services is increasing in tandem with the continuous development of telecommunication. The shortage of physicians in rural and remote areas is providing the opportunity for telemedicine to increase its services to millions of patients. This widespread deployment of services will continue at a rapid pace for the foreseeable future.

The increase in telemedicine applications are increasing due to the high prevalence of chronic diseases, consistent need for improved quality services and rising elderly population across countries which demand telemedicine to deliver improved products with higher patient satisfaction.

In the latest research study, Global Telemedicine Market Outlook to 2018, the authors identified market dynamics pertaining to specific countries to highlight the initiatives taken by several market players and healthcare providers to boost the telemedicine sector's growth. The market, which stood at US$ 14.2 Billion in 2012, is expected to grow at a CAGR of 18.5% during 2012-2018.

On the geographical-front, the report presents a detailed analysis of key geographies and recent telemedicine-oriented developments. The Government and market players, particularly across the U.S, have taken a step forward to support benefits of telehealth/telemedicine services via proposed Medicare and Medicaid programs. Recognizing the potential of telemedicine for the development of healthcare in the country, the USDA has provided funding that is expected to deliver positive outcomes in the field of telemedicine.

The report provides extensive information and rational analysis of the global telemedicine market. After thorough analysis of the market, analysts have drawn a logical conclusion about various drivers and challenges which influence growth of the telemedicine market. It also provides an insight into different telemedicine processes along with a segment-wise analysis to present an overview of the developments taking place.

In the end, the report concludes with a competitive analysis of key market players, providing a business overview of each player along with their product portfolio. In addition, it elucidates key developments of players related to telemedicine which enables the client to formulate market strategies and assess the opportunity areas in key geographies.

Key Topics Covered: Analyst View Research Methodology Telemedicine: An Introduction Global Telemedicine Market Outlook to 2018 Clinical Applications Market Drivers and Restraints Industry Players List of Charts Companies Mentioned - Aerotel Medical Systems - AMD Telemedicine - Bosch Healthcare - Cardio Net Inc.

- GE Healthcare Ltd.

- Honeywell HomMed - IBM - Intel - McKesson Ltd.

- Philips Healthcare - Polycom - Siemens-IT Solutions and Services For more information visit http://www.researchandmarkets.com/research/clg5fb/global About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

CONTACT: Research and Markets, Laura Wood, Senior Manager.

press@researchandmarkets.com Fax from USA: 646-607-1907 Fax from rest of the world: +353-1-481-1716 Sector: Healthcare and Medical Devices (http://www.researchandmarkets.com/categories.asp?cat_id=12&campaign_id=clg5fb) ((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.com on the world wide web. Inquiries to info@m2.com)).

(c) 2013 M2 COMMUNICATIONS

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