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Geographically , North America was the largest telemedicine market in terms of revenue for the year 2013 followed by the Asia Pacific region . The Asia Pacific region also exhibited the fastest growth rate was and is expected to lead the global market by the end of the decade . Rising populations in rural and urban areas and increased government initiatives are the primary reasons why this region boasts of a high growth rate . This coupled with the existence of a large number of technology manufacturing units in this region offering cheaper equipment , shall ensure steady market penetration and market growth for the future .
The telemedicine market is observed to be a highly diverse market with the presence of a large number of big and small players . However