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StockNews.com
StockNews.com
Business
Riddhima Chakraborty

2 Telemedicine Stocks Wall Street Predicts Will Rally 75% or More

The telemedicine industry has registered significant gains throughout the COVID-19 pandemic. And despite a dip in COVID-19 cases worldwide, the industry is expected to continue witnessing strong demand as people opt for telemedicine facilities for everyday medical needs and extended COVID-19 therapy in the new normal.

Amid an aging population and an apparent surge in chronic diseases, the convenience of telemedicine has made the service very popular. According to Markets and Markets, the global telehealth and telemedicine market is projected to reach $285.70 billion by 2027, growing at a 26.6% CAGR.

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