Global telemedicine market to hit $113B+ by 2025: 4 trends to note

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The global telemedicine market is anticipated to grow rapidly through 2025, according to a Grand View Research report.

Here are four market trends to note:

1. The global telemedicine market is expected to reach $113.1 billion by 2025.

2. Increasing incidences of chronic conditions and the rising demand for self-care are boosting market growth.

3. North America currently dominates the global telemedicine market. The Asia-Pacific region is predicted to witness lucrative growth through 2025.

4. Key players in this space include Armonk, N.Y.-based IBM, Santa Clara, Calif.-based Intel Corp., and San Francisco-based McKesson Corp.

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