The growth of telemedicine is undeniable, and recently Becker’s Hospital Review released 10 new, interesting statistics on the field.
Back in 2016, Becker’s predicted 7 million new patient users would be utilizing telemedicine by 2018. Here are some of their latest findings:
- Experts believe telehealth will grow by almost 15 percent by 2020
- Market value will hit $36 billion by 2020, compared to just $14 billion in 2013
- Over 40 states have produced a total of 250 pieces of legislation related to telemedicine
- More than half of all states (29) have passed laws mandating insurers to cover telemedicine services
- Over a third of all employers with on-site healthcare offer telemedicine options. The number is expected to grow to 50 percent within a few years
- Almost 75 percent of Americans report they are willing to schedule a telemedicine appointment
- 60 percent of physicians are willing to hold a telemedicine appointment via video
- More than 90 percent of healthcare executives answered that they are expanding or developing telemedicine services
- The number of users will reach 7 million sometime this year
- Experts predicts Americans living in rural area are set to benefit the most from these services, as telemedicine appointments will help solve the issue or traveling long distances to see a provider
