The Booming Business of Telemedicine

business of telemedicine

The pandemic allowed the medical industry to evolve technologically in a major way in the business of telemedicine. Telehealth is a $20+ billion industry – one that is expected to reach $186.5 billion by 2026. Physicians are excited about the new practices, given that 77% want a shift towards telehealth and 90% already have experience with remote treatment.

It’s important to note that the words “telehealth” and “telemedicine” cannot be used interchangeably, though many do this incorrectly. Telehealth is a remote clinical limited service. Telemedicine, on the other hand, is a remote non-clinical service that is much broader and can even fulfil medication.

Learn more about the future of medicine and the booming business of telemedicine in the visual deep dive below:

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The Booming Business of Telemedicine

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