With an expected compound growth rate of 14% and an estimated annual jump of users to more than 7 million by 2018, the telemedicine market has a lot of reasons for businesses serving healthcare to get excited.
However, for companies interested in playing ball in the telemedicine space, it is important that they pay attention to a few very important things, or they may find themselves left out in the cold.
In a recent piece featured in Entrepreneur – 3 Keys to Seizing Opportunity in the Booming Telemedicine Space, one of the leading minds in the field of telemedicine shared his observation on the keys for new market entrants in the field of telemedicine. He boiled it down to 3.
First, he points to the regulatory environment. While the benefits of telemedicine are apparent, regulations must be taken into consideration when rolling out any telemedicine services.
Second, education must be a focus. For instance, some may see the technology required for telemedicine to be simple and straightforward. But this may not be the case for all users and/or buyers.
Third and perhaps most interesting was the call to embracing the small network that comprises the healthcare industry. The author implied that working closely and networking with other healthcare professionals to share the vision of telemedicine has tremendous value.
One thing is for sure, the telemedicine industry in on the rise and there is much to be excited about.
At Avidex AV we work closely with healthcare providers across the United States to deliver technology and telemedicine solutions that meet the demanding and ever changing needs of the healthcare industry. Get in touch to see how we can help your organization thrive.
About Joel Harris
Joel Harris brings invaluable insight to the Avidex team in his role as CEO, with years of experience leading national technology, healthcare and business organizations. You can reach Joel at firstname.lastname@example.org