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global telemedicine equipment market projected to reach 11.25 billion by 2028
The telemedicine equipment market is projected to grow from $5.92 billion in 2024 to $11.25 billion by 2033, with a CAGR of 17.4%. Key drivers include the rising prevalence of infectious diseases, which necessitate remote healthcare solutions. North America led the market in 2023, with significant developments such as a strategic partnership between Rudolf Riester GmbH and Docs in Clouds TeleCare GmbH to enhance telehealth services.
telehealth software market poised for rapid growth driven by chronic disease prevalence
The telehealth software market is projected to grow from $8.05 billion in 2023 to $9.52 billion in 2024, driven by the rising prevalence of chronic diseases and increasing consumer acceptance of telemedicine. By 2028, the market is expected to reach $18.69 billion, with a CAGR of 18.4%. Key trends include advancements in telecommunication technology and the integration of AI in telehealth services, enhancing remote patient monitoring and care.
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