We haven’t treated you to a forecast in a while, so here’s an ‘exotic’ one from MarketsandMarkets. The BRIC (Brazil, Russia, India and China) countries will experience ‘telemedicine’ growth in the range of 15.8% CAGR (compound annual growth rate) from 2009-2014, to $418.4 million by 2014. Telemedicine in these countries differ in types of applications used and ‘mix’ (teleconsultation, telecardiology, teledermatology etc.) so M&M further defines ‘telemedicine technology’ (hardware, connectivity) with a CAGR of 16.6% to $307.4 million. Release. M&M website.
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