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Report Says Telehealth on the Rise

August 31, 2007
by root
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A report, by independent market analyst Datamonitor (New York), predicts the homecare telehealth market will grow at a five-year compound annual growth rate (CAGR) of 56 percent compared to 9.9 percent in the clinical market, and that the overall global telehealth market will exceed $8 billion by 2012.

Telehealth is the use of a digital network to provide automated monitoring and treatment delivery to a patient who is in a different physical location than the medical expert providing treatment.

Key findings of the report, entitled "Telehealth's Increasing Role in Healthcare", include:

· The road to widespread telehealth adoption has a number of speed bumps

· The telehealth market is increasing rapidly despite its current limited focus

· Telehealth solutions must meet the needs of a diverse set of end users

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