It’s hard to tell how quickly a new technology will expand itsreach, but a number of groups in the past year have attempted topredict the future of the rapidly-growing telehealthmarket.
A report in early 2014 projected thetelehealth –– or telemedicine –– market would reach $4.5 billion by2018. Yet another assessment places the current value ofthe market at more than $17 billion.
The wide variation in assessments is likely tied to methodologyas well as how groups are defining the market. While some groupsuse the term “telehealth” to refer specifically to devices thatpatients can use to interact with or receive services from doctorsor other health care providers, others include widespread wellnesstools, such as wearable fitness trackers.
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