CAGR Of More Than To Be On Board In The Telemedicine Market Between 2019-2029

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Telemedicine Market To Overshoot Conventional
Mode Of Growth By Exhibiting A CAGR Of 17 From
2019-2029
Report Id PMRREP2818 Category Life Science
Healthcare
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North America to remain dominant in the global
parenteral medical nutrition market

• For instance, in 2018, Teladoc Inc. acquired
  Advance Medical Inc. to expand its market share
  in Latin America and Asia Pacific. This
  acquisition also enabled Teladoc Inc. to provide
  care in 20 languages through its platform.
• Similarly, InTouch Health acquired Reach Health
  to broaden its footprint and boost its ability to
  help its customers introduce telehealth programs
  across the care continuum.
• Furthermore, lack of infrastructure and internet
  connectivity is among the key factors hampering
  the progress of telemedicine in developing
  economies.
• For instance, the minimum speed of the internet
  required for consultation via telemedicine
  services is 2 Mbps, which is not available in
  most of the villages of India.
• Moreover, the penetration of broadband is less
  than 2 in India. In addition, only a limited
  number of individuals in developing countries use
  the internet. For example, the percentage of
  internet users in India, Indonesia, and Brazil is
  35, 32, and 60 respectively, which is likely
  to hinder the growth of the telemedicine market.

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