1.3M patients expected to use telehealth by 2017

| | Health Exec | Telehealth

The number of patients using telehealth services is expected to increase six-fold between 2012 and 2017, from 227,000 patients to 1.3 million patients, according to a report from IMS Research.

With nearly one of every five dollars' of the U.S. gross domestic product going to medical expenditures, telehealth can help mitigate these costs byu reducing patient readmissions and cutting down on in-home care visits,” said Theo Ahadome, senior analyst at InMedica. The U.S. is the world’s largest market for telehealth, driving the growth of the worldwide business.

The U.S. now represents nearly 75 percent of the worldwide patient population utilizing telehealth. U.S. telehealth revenue is set to rise to $707.9 million in 2017, up by a factor of four from $174.5 million in 2012.

Other countries also are promoting telehealth as a long-term cost-saving measure, with the largest numbers to be driven by the U.K., Germany and China. For the near term, advances in telehealth implementation in these key countries will increase their share of the worldwide market to 35 percent in 2017, up from 25 percent in 2012.

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