Telemedicine in US Flourishing through Funding Grants

Aided by several funding grants and prevalent conditions, the global telemedicine market is estimated to grow at a CAGR of around 19% during 2010-2015, says RNCOS.

Noida, India (prHWY.com) April 20, 2012 - According to a new research report by RNCOS entitled, "Global Telemedicine Market Analysis", the US represents the most evolved market for telemedicine across the globe. Telemedicine has evolved in the US to be used in a wide number of applications and seems to be the most promising market in the future as well. A very significant attribute in this growth is the large number of funding opportunities in the country by government originations, such as US Department of Agriculture (USDA) and Health Resources and Services Administration (HRSA). Many of these grants are focused on developing rural telehealth development and can thus help in evolving the industry further.

The rapidly rising aging population causing greater healthcare concerns, higher medical requirements in isolated locations and technological advancements are fuelling rapid growth in the global telemedicine industry. Especially, chronically ill patients, patients in remote areas, and aged population above 65 years are largely the target population for growth of the telemedicine industry. Amongst the telemedicine resources and providers, the telehospitals and clinics are major providers for such services. On the base of all the prevalent factors, the global telemedicine market is expected to grow at a CAGR of around 19% during 2010-2015.

The report provides an in-depth research and rational analysis of the current and expected status of the telemedicine market. It covers various telemedicine processes, such as real-time telemedicine, remote monitoring, and store-and-forward telemedicine. It facilitates the present and future forecasts on the global telemedicine market and provides an insight on the performance of various sub segments of the industry. The report also expands an overview to the emerging clinical applications in telemedicine. Detailed geographical analysis has been done on the key geographic segment of telemedicine and recent developments in these areas have been elaborated. Finally, the key competitors have also been listed to provide a holistic overview of the industry.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM331.htm

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About RNCOS

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.

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Tag Words: global telemedicine

Categories: Biotech

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