Global Telemedicine Market To Reach $27 Billion By 2016

The global telemedicine market is expected to grow from $9.8 billion in 2010 to $27.3 billion in 2016, a nearly 300% increase. The market was estimated to reach $11.6 billion in 2011. The estimate was released by BCC Research in "Global Markets for Telemedicine Technologies HLC014E." The researchers sought to present a comprehensive market forecast for telemedicine hardware manufacturers, software providers, telcom and networking companies, the health care industry, and health care insurance provider organizations. The authors interviewed manufacturers and users of telemedicine technologies and services; they also reviewed secondary sources such as company literature, conference proceedings . . .