AXXA is GOING! Exxe Group, Inc. (OTC PINK: AXX
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Exxe Group, Inc. (OTC PINK: AXXA), a diversified company focused on synergistic acquisitions in real estate, digital platforms, financial services and agribusiness, announced today that via the Axxa Venture Fund, the Company is entering the telemedicine market, which is swiftly transforming the entire global health care landscape.
According to an April 2020 industry report issued by Grandview Research, the global telemedicine market is projected to grow from $41.1 Billion in 2019 to $155.1 Billion in 2027. The core growth has been driven by new capabilities to monitor various chronic conditions, home healthcare monitoring for aging populations, and the demand for self-governing. At its core, telemedicine reduces emergency room, hospitalization, and doctor visits. However, the current COVID-19 pandemic, which prompted lockdowns of billions of people, has overnight demonstrated that first-rate care across the spectrum can be given with merely an internet or mobile connection or access to a computer. As a result, it is expected that the percentage of patients using telemedicine in the US alone is projected to reach 50% in the coming months.
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