Telemedicine Predicted to Grow

Jan 21, 2020, 3:55 PM

(from the Motley Fool) In the coming decade, experts predict a significant increase in telemedicine, the process of seeing a doctor remotely using video communication technology. Among the benefits of telemedicine are that it's convenient and cost-effective; its applications should only grow as technology improves, and more insurers and doctors embrace it. According to Fortune Business Insights, the global telehealth market is expected to grow by a compound annual growth rate of 23.4% through 2026. Younger doctors are increasingly looking for telemedicine positions, and the need for healthcare will only grow as the baby boomer population ages.

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