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Telemedicine Market in Brazil, Russia, India, China (BRIC) -

BRIC telemedicine market is witnessing a significant growth due to increase in the number of patients suffering from chronic diseases such as chronic obstructive pulmonary disease (COPD), chronic heart failure (CHF), asthma, hypertension, and diabetes.

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Telemedicine Market in Brazil, Russia, India, China (BRIC) -

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  1. MarketsandMarkets Presents Telemedicine Technology Market in Brazil, Russia, India, China (BRIC) Worth US $418.4 million by the year 2014

  2. According to the new market research report, “Telemedicine Market in Brazil, Russia, India, China (BRIC) - Advanced technologies, Global Forecast” published by MarketsandMarkets, the BRIC telemedicine is expected to reach a market size of $418.4 million by the year 2014, at a CAGR of 15.8% from 2009-2014. The BRIC telemedicine technology market is expected to reach a size of $307.4 million by the year 2014 growing at a CAGR of 16.6% from 2009-2014 and BRIC telemedicine service market will reach $111 million in 2014 with CAGR of 13.8%. Browse more than 27 market data tables and in-depth TOC on BRIC Telemedicine MarketEarly buyers will receive 10% customization of reports. Download a free copy of PDF Brochure@ http://www.marketsandmarkets.com/pdfdownload.asp?id=237

  3. BRIC telemedicine market is witnessing a significant growth due to increase in the number of patients suffering from chronic diseases such as chronic obstructive pulmonary disease (COPD), chronic heart failure (CHF), asthma, hypertension, and diabetes. An increase in IT spending are identified as the key factors boosting demand for telemedicine in these countries. Moreover increasing demand for better healthcare services and growth in telecommunication network are also impacting the BRIC telemedicine market. The BRIC telemedicine market is classified based on the type of technology and services used. Technology market can further be divided on hardware used and network connectivity solutions. Here basic telemedicine platform and clinical devices are the major hardware in use. BRIC telemedicine market is further analyzed on the basis of telemedicine applications such as Teleconsultation, Telecardiology and Teledermatology. Teleconsultation, Telecardiology and Telepathology are the major telemedicine applications in BRIC countries. Telecardiology is very popular in India where as Teleradiology is more popular in Brazil after Teleconsultation. Teledermatology, Telesurgery and home telehealth are less in use and are in emerging stage.

  4. Telemedicine is an important development in the field of medicine and technology, where information technology is used to deliver healthcare services to rural and remote places. Telemedicine, which is a major success in developed countries of the U.S. and UK, is now gaining tremendous popularity in the developing countries such as Brazil, Russia, India, and China (BRIC). Increase in the number of patients suffering from chronic diseases such as chronic obstructive pulmonary disease (COPD), chronic heart failure (CHF), asthma, hypertension, and diabetes and increase in IT spending are the key factors boosting demand for telemedicine in these countries. Moreover increasing demand for better healthcare services, cost effectiveness of telemedicine and growth in telecommunication network are also impacting the BRIC telemedicine market. The BRIC telemedicine market was at $200.5 million in 2009; and is expected to grow exponentially at a CAGR of 15.8% from 2009 to 2014. The telemedicine technology market segment forms the largest submarket of the overall BRIC telemedicine market with an expected $307.4 million by 2014 at a CAGR of 16.6% from 2009 to 2014. The services segment in the overall BRIC telemedicine market will reach $111 million in 2014 with a CAGR of 13.8%.

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  6. About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. They cover thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

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