Global telemedicine market to eclipse $130B by 2025

Modern Healthcare: The global telemedicine market is expected to swell to $130.5 billion by 2025 as more clinicians across all ages embrace the technology, a new report found.

The projection marks a steep increase from the estimated $38.3 billion valuation last year, with the number of doctors who self-reported telemedicine as a skill doubling from 2015 to 2018, according to Doximity, a professional network for physicians that features more than 70% of all U.S. doctors. While more than half of job-seeking doctors ages 31 to 50 were interested in telemedicine positions, 41% of those over 50 also showed interest.

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