The global telehealth market is on track to reach $19.5 Billion by 2025. That’s an increase of 225 percent in less than ten years – an advance of truly cosmic proportions if you ask me. It’s no wonder telemedicine was first created to meet the needs of NASA and provide astronauts with better medical care during space missions.
While that may have proved to be one small step for man, those that are able to take advantage of the opportunities that still exist in the industry today could end up providing an even bigger leap for mankind.
What’s driving all this growth? First, the entire healthcare landscape is evolving and becoming much more competitive. This means that consumers today have more choices than ever when it comes to their health, enabling them the opportunity to “shop” around for their healthcare. In many cases they are choosing the more convenient and accessible care that telehealth systems can supply. The result: a complete retailization of the industry that’s got everyone changing their traditional orbits and reaching for new heights.