August 23, 2011 10:08 ET

Telemedicine Market to Grow 19% Annually Through 2014

ROCKVILLE, MD--(Marketwire - Aug 23, 2011) - has announced the addition of the new report "Global Telemedicine Market 2010-2014," to their collection of Information Technology market reports. For more information, visit

This report forecasts the global telemedicine market to grow 19% annually through 2011. Federal grants offered in the U.S. is one of the mayor factors contributing to the growth. The telemedicine market has also been witnessing an increase in strategic partnerships.

The report, which covers the Americas as well as the EMEA and APAC regions, indicates that the market is also being driven by the growth opportunities in Europe. According to the report's analyst, "Though the United States has been dominating the Global Telemedicine market, Europe and developing nations are rapidly catching up. This shift is occurring mainly of the increase in the number of patients with chronic diseases and the increasing availability of online healthcare services."

On the other hand, the report underlines that the lack of standardized classifications is hindering growth. However, the increase in remote monitoring of patients is expected to keep driving the market. The market is also being boosted by the increase in telesurgery.

These are just some of the vital findings that will enable industry players to fully understand their potential and formulate their own winning strategies.

Key trends, drivers, and challenges impacting the evolution of this market are covered in this report. Also included is incisive insights and SWOT analyses regarding the key vendor, including Philips Healthcare, Agfa Healthcare, Honeywell HomMed, and AMD Telemedicine Inc.

For more information, visit

About is the leading provider of global market intelligence products and services. With over 300,000 research reports from more than 700 top consulting and advisory firms, offers instant online access to the world's most extensive database of expert insights on global industries, companies, products, and trends. For more information, call Veronica Franco at 240-747-3016 or visit

Contact Information

  • Contact:
    Veronica Franco
    Email Contact