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Growing Demand from North America to Push Growth of Video Telemedicine Market

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The global video telemedicine market is projected to expand from its market value of US$559.0 million in 2013 to an estimated total of US$1,624.4 million by the end of 2020. Based on the projections, the market is likely to develop at a remarkable 1
GROWING DEMAND FROM NORTH AMERICA TO PUSH
GROWTH OF VIDEO TELEMEDICINE MARKET
VIDEO TELEMEDICINE MARKET ESTIMATED TO BE WORTH US$1,624.4 M ILLION
BY 2020
According to a recent market research report published by Transparency Market Research, the global
video telemedicine market is predicted to expand rapidly through the end of this decade.
The projected expansion, the report summary reads, refers to growth at a CAGR of 16.5% during the
period between 2014 and 2020.
Overall, the report — titled “Video Telemedicine Market: Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2014 – 2020” — projects the global video telemedicine market to reach
a valuation of $1.6 billion by 2020.
The report points out that the rapidly growing geriatric population and rising incidence of various
disabilities have fuelled the demand for video telemedicine.
Learn more about the report: http://mhealthwatch.com/growing-demand-from-north-america-topush-growth-of-video-telemedicine-market-26388/
About Us
Transparency Market Research (TMR) is a global market intelligence company providing business
information reports and services. The company's exclusive blend of quantitative forecasting and trend
analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of
analysts, researchers, and consultants use proprietary data sources and various tools and techniques to
gather and analyze information.
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Priya
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