A New Report on Home Telehealth and Remote Patient Monitoring says current market is close to $5.6 billion and growth of up to 70% is expected to continue over the next few years
New Rochelle, NY– The Home Telehealth and Remote Patient Monitoring market is currently close to a $5.6 billion level and will continue to grow at close to 70% for at least the next three to five years, according to a new strategic report published by Insight and Intelligence, a Mary Ann Liebert company. Insight and Intelligence interviewed industry leaders, conducted surveys, utilized government and other agency databases, as well as reviews of published literature to provide an in-depth look at the home telehealth and remote patient monitoring market segment of the telemedicine industry.
The healthcare provider market segment (companies that provide telemedicine services to health care providers) is represented by a number of small to medium-sized companies with average annual revenue of approximately $6.6 million. These companies' combined average revenue growth, however, is significant, approaching 72%. Consumer companies (defined as companies that provide services directly to the consumer) tend to be larger with combined average annual revenue of approximately $121.3 million. Their combined annual revenue growth is even more explosive than that of healthcare provider companies, with a combined average range of 118.5% to 193.5%.
Mary Ann Liebert, Inc. publishes Telemedicine and e-health (http://www.liebertpub.com/
Mary Ann Liebert, Inc. publishes international trade publications and peer-reviewed journals in fields that include biotechnology, disease management, women’s health, and cyberpsychology. A complete list of the firm’s 60 journals, books, and newsmagazines is available at www.liebertpub.com Its flagship publication, Genetic Engineering & Biotechnology News (GEN) http://www.genengnews.com, is the most widely read trade magazine in the field. Divisions of the company include BioConferences International and Membership Management Services Inc. (MMSI)
Mary Ann Liebert, Inc. 140 Huguenot St., New Rochelle, NY 10801-5215
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