The worldwide global telehealth market is expected to experience growth from 2016 to 2020, according to WhaTech.
Here are five points:
1. North America has the largest share of the market, followed by Europe and Asia-Pacific, respectively.
2. In this market, Asia-Pacific is the fastest-growing segment.
3. The aging population, increasing prevalence of chronic disease and escalating healthcare costs are fueling the market's growth.
4. Technological advancements will also spur the market's growth.
5. Low consumer adoption and utilization of healthcare as well as limited EHR connectivity, reimbursement issues and regulatory concerns will pose as barriers to the market's growth.
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