The global telemedicine market is projected to expand by 14.3% by 2020. View or [download] our latest physician trends infographic – Physician Trends 3 Telemedicine, to see how physicians and the telemedicine industry are impacting healthcare.
Physician Trends Telemedicine
Telemedicine Growth
The global telemedicine market is projected to expand by 14.3%. – Source: Nathaniel Lacktman, Esq. Healthcare Partner Foley & Lardner, Tampa, FL
Telemedicine Legislation
Over 200 pieces of telemedicine-related legislation have been introduced in 42 states.
Currently, 29 states have enacted laws requiring health plans to cover telemedicine services. – Source: State Telehealth Laws and Reimbursement Policies Report April, 2016
Employers
35% of employers with onsite health facilities offer telemedicine.
12% more plan to in the next 2 years. – Source: Towers Watson 2015 Employer-Sponsored Health Care Centers Survey, February-March 2015
Nearly 70% of employers will offer telemedicine services as an employee benefit by 2017. – Source: Advisory Board Company 2014 Medical Staff Engagement Benchmark Report
Use and Participation
64% of Americans are willing to use telehealth.
57% of Primary Care Physicians are willing to conduct video visits with their patients. – Source: American Well 2015 Telehealth Survey (conducted by Harris Poll)
90% of Healthcare Executives report that their organizations have begun developing or implementing a telemedicine program. – Source: Foley 2014 Telemedicine Survey Executive Summary
Patients using telemedicine will increase from 350,000 to 7 million in 2018. – Source: IHS Newsroom Global Telehealth Market Set to Expand Tenfold by 2018
Benefits of Telemedicine
Almost 75% of medical visits could be handled safely and effectively via a phone or video. – Source: C2 Solutions
Almost 20% of Americans live in rural areas with limited access to primary care and specialist services. – Source: Trend Watch American Hospital Association January 2015
