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Frost & Sullivan’s latest Growth Opportunities in the US Telehealth Market, Forecast to 2021 selected Tactio’s app-enabled telehealth solution, TactioRPM, as one of its top participants. The research offers an in-depth view of the US telehealth market broken down into 18 market segments, three of them referencing Tactio as a "notable participant": Mobile Health (mHealth); Remote Patient Monitoring (RPM): and TelePharmacy
Four major market segments- RPM, virtual telehealth visits, mHealth, and personal emergency response systems (PERS)-are said to have exemplified the progress that telehealth services and systems have made in remote management of post-acute care patients or among patients with chronic conditions. This analysis finds the overall US telehealth market will increase by a compound annual growth rate (CAGR) of 29.3% from 2016 to 2021. Frost & Sullivan also predicts that within 5 to 7 years, telehealth will become a mainstream health option. Meanwhile, the global proliferation of the Internet of Medical Things (IoMT) will reduce the number of new chronic condition patients.
Tactio, headquartered in Montreal, Canada, services payers, providers and pharma through a global network of channel partners in North America, Europe and South America. The company will demonstrate its TactioRPM platform at ATA 2017 in Orlando this week, and Hospitalar in Sao Paulo, Brazil, May 16-19.
Frost & Sullivan’s analysis can be viewed here.