Telemedicine Market To Reach $3.6B in Annual Revenue, Report Says

Colleagues,

As reported in iHealthBeat ... A report from research firm Pike & Fischer predicts that within five years, the market for telemedicine devices and services will generate $3.6 billion in annual revenue. According to the report, mobile services companies will receive most of the new business...

... The report, titled "Telemedicine and the Economic Stimulus: Broadband Opportunities in a Swelling Market," attributed the growth in the telemedicine market to:

* Advances in wireless broadband networks, smart phones and data compression technologies;
* The federal stimulus package; and
* The need to curb rising health care costs

... The report predicts that mobile services companies, such as AT&T, Verizon, Sprint and Nextel, will take a large portion of the telemedicine business. It adds that smaller software and device manufacturers likely will be acquired ...

Read on at:
http://www.ihealthbeat.org/articles/2009/10/9/telemedicine-market-t...
http://broadbandadvisoryservices.com/researchReportsBriefsInd.asp?r...
http://www.healthcareitnews.com/news/new-research-projects-swelling...

ENJOY!

CC

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