Last year saw exponential growth for the digital health market with funding in the first three quarters alone surpassing $5 billion, according to Mashable – close to double of what was invested in all of 2013 – and numerous research analysts have been predicting that 2015 will see a huge increase in the integration of telemedicine.
Research firm Kalorama Information named telemedicine as one of the top five health trends for the year while IDC Health Insights projected that 65 percent of transactions with healthcare organizations will be mobile by 2018.
Read more: Telemedicine: The Biggest Digital Health Trend of 2015 (Here's Why)
Telemedicine is the diagnosis, consultation, monitoring, or transferring of encrypted medical data via telecommunication services and therefore, it is important to set continuing educational standards for physicians who seek to practice it. Before raising all other questions there might be about the use and effectiveness of telehealth, patients first must be confident that it is safe.
Global Telehealth Market 2015-2019 is a new market research publication announced by Reportstack. Telehealth is a medium of communication between patients and doctors.
Read more: Global Telehealth market to grow at a CAGR of 18.88 percent by 2019
The market will see growth at 18.88 percent CAGR, from 2014 to 2019, according to ReportsnReports.com.
Read more: Telemedicine market to nearly double over next 5 years
Chronic disease conditions are best treated early on when there is a change in patient condition and an early intervention can make a difference. It is even better to treat them in a wellness treatment environment before there are indications of chronic disease, before symptoms develop, by addressing lifestyle issues early on.
Read more: Discover Global telemedicine monitoring market shares, strategies and forecast to 2018