Research and Markets (http://www.researchandmarkets.com/research/srmw36/global) has announced the addition of the "Global Telemedicine Market Outlook 2021" report to their offering.

On the back of global factors like ageing world population, target to expand the reach of healthcare services in rural and most remote areas, attending emergency medical incidents, governments' initiatives to cut down on medical expenses etc. have allowed the global telemedicine market to expand at an astonishing CAGR of 14.77% to reach USD 40.9 Billion by 2021 from estimated USD 17.9 Billion in 2015.

The expansion in the global telemedicine would open new great opportunities for technology providers and healthcare service providers allowing them to cater patients at a distance. At 18.21%, the global tele-home segment is projected to grow at a higher CAGR when compared to global tele-clinic & hospitals by 2021. The major reasons for this healthy growth can be attributed to the technology connectivity initiatives taken by the governments and a rise in number of tech savvy people across the globe.

Another major reason for up-surged demand of telemedicine can be attributed to the nature of diseases. For instance, in backward areas, skin related diseases are the biggest problem at present. Not only that, the jumping back nature of skin diseases even after having a proper treatment is making the situation even more worse. As a result, tele-dermatology is estimated to have the largest market share at 19% in 2015, globally.

Speaking on a global level, the North America has the highest market size followed by Asia-Pacific and Europe, currently. Owing to factors like affordable care act, ICD-10 implementation, reimbursement and incentive plans for physicians, the U.S. is anticipated to exhibit a CAGR of 15.58% from 2015-2021. This growth rate will push the tele-medicine market in North America in coming years.

Companies Mentioned:

  • AMD Global Telemedicine INC
  • Aerotel Medical Systems
  • Allscripts Healthcare Solutions Inc.
  • Cerner Corporation
  • GE Healthcare
  • Honeywell Life Care Solutions
  • McKesson Corporation
  • Philips Healthcare

Key Topics Covered:

1. List of Figures

2. List of Tables

3. Executive Summary

4. Research Methodology

5. Telemedicine

6. Industry Overview

7. Market Size by Region

8. Market Segmentation by Users

9. Market by Applications

10. Market Dynamic

11. Porter's Five Force Model Analysis

12. Government Initiatives by Region

13. Risk Analysis

For more information visit http://www.researchandmarkets.com/research/srmw36/global