Health Devices in Homes Stimulate Global Telemedicine Market

Growing acceptance of home patient monitoring technology will help to enlarge the global telemedicine market to $2.5 billion by 2018, more than triple the 2011 market of $736 million, according to the British market research firm Companies & Markets.

“Home patient monitoring means two things: the imminent rise of the expert patient whom the health authorities anticipate would self-manage his long-term medical conditions, and the prominence of mobile devices as the go-between for clinicians and patients,” the firm reports.