[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Telehealth and Telemedicine Market Size, Trends, Analysis, and Outlook By Type (Remote Patient Monitoring, Real Time Interaction, Store and Forward), By Offering (One-Time Purchase, Subscription Based, Pay-Per Use), By Hardware (Monitors, Medical Peripheral Devices), By Mode Of Delivery, Cloud Based, On Premise), By Application (Telecare, Activity Monitoring, Remote Medication Management, Teleconsultation, Tele ICU, Telepsychiatry, Teledermatology, Others), By End-user (Providers, Payers, Patients and Consumables), by Region, Country, Segment, and Companies, 2024-2030

March 2024 | 190 pages | ID: TBED2F735661EN
VPAResearch

US$ 3,980.00

E-mail Delivery (PDF)

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
The global Telehealth and Telemedicine market size is poised to register 22.24% growth from 2024 to 2030, presenting significant growth prospects for companies operating in the industry. The industry study analyzes the global Telehealth and Telemedicine market across By Type (Remote Patient Monitoring, Real Time Interaction, Store and Forward), By Offering (One-Time Purchase, Subscription Based, Pay-Per Use), By Hardware (Monitors, Medical Peripheral Devices), By Mode Of Delivery, Cloud Based, On Premise), By Application (Telecare, Activity Monitoring, Remote Medication Management, Teleconsultation, Tele ICU, Telepsychiatry, Teledermatology, Others), By End-user (Providers, Payers, Patients and Consumables).

The Telehealth and Telemedicine market are witnessing exponential growth driven by the increasing adoption of digital health technologies, the rising demand for remote healthcare services, and the expanding coverage of telehealth platforms by healthcare providers and payers. Telehealth and telemedicine encompass a broad range of remote healthcare services and digital communication tools, including virtual consultations, remote monitoring, telemedicine platforms, and mobile health applications, aimed at improving patient access to healthcare, reducing healthcare costs, and enhancing clinical outcomes. Factors such as the COVID-19 pandemic, the growing burden of chronic diseases, and the rising need for remote patient monitoring and home-based care are driving market expansion. Additionally, advancements in telecommunication infrastructure, wearable health devices, and electronic health record (EHR) systems, along with the development of telehealth regulations and reimbursement policies, are fueling innovation in the market. Moreover, the increasing adoption of telemedicine platforms by healthcare providers, the expanding use of telehealth services in rural and underserved communities, and the rising investments in telehealth startups and digital health solutions are driving market growth. Furthermore, efforts to integrate telehealth into mainstream healthcare delivery, expand telemedicine services across medical specialties, and enhance interoperability and data security in telehealth platforms are expected to further propel market growth in the coming years.

Telehealth and Telemedicine Market Drivers, Trends, Opportunities, and Growth Opportunities

This comprehensive study discusses the latest trends and the most pressing challenges for industry players and investors. The Telehealth and Telemedicine market research analyses the global market trends, key drivers, challenges, and opportunities in the industry. In addition, the latest Future of Telehealth and Telemedicine survey report provides the market size outlook across types, applications, and other segments across the world and regions. It provides data-driven insights and actionable recommendations for companies in the Telehealth and Telemedicine industry.

Key market trends defining the global Telehealth and Telemedicine demand in 2024 and Beyond

The industry continues to remain an attractive hub for opportunities for both domestic and global vendors. As the market evolves, factors such as emerging market dynamics, demand from end-user sectors, a growing patient base, changes in consumption patterns, and widening distribution channels continue to play a major role.

Telehealth and Telemedicine Market Segmentation- Industry Share, Market Size, and Outlook to 2030

The Telehealth and Telemedicine industry comprises a wide range of segments and sub-segments. The rising demand for these product types and applications is supporting companies to increase their investment levels across niche segments. Accordingly, leading companies plan to generate a large share of their future revenue growth from expansion into these niche segments. The report presents the market size outlook across segments to support Telehealth and Telemedicine companies scaling up production in these sub-segments with a focus on expanding into emerging countries.

Key strategies adopted by companies within the Telehealth and Telemedicine industry

Leading Telehealth and Telemedicine companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions in key regions. Further, companies are leveraging advanced technologies to unlock opportunities and achieve operational excellence. The report provides key strategies opted for by the top 10 Telehealth and Telemedicine companies.

Telehealth and Telemedicine Market Study- Strategic Analysis Review

The Telehealth and Telemedicine market research report dives deep into the qualitative factors shaping the market, empowering you to make informed decisions-
  • Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
  • Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
  • Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
  • Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.
Telehealth and Telemedicine Market Size Outlook- Historic and Forecast Revenue in Three Cases

The Telehealth and Telemedicine industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. Further, with actual data for 2023, the report forecasts the market size outlook from 2024 to 2030 in three case scenarios- low case, reference case, and high case scenarios.

Telehealth and Telemedicine Country Analysis and Revenue Outlook to 2030

The report analyses 22 countries worldwide including the key driving forces and market size outlook from 2021 to 2030. In addition, region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America is included in the study. For each of the six regions, the market size outlook by segments is forecast for 2030.

North America Telehealth and Telemedicine Market Size Outlook- Companies plan for focused investments in a changing environment

The US continues to remain the market leader in North America, driven by a large consumer base, the presence of well-established providers, and a strong end-user industry demand. Leading companies focus on new product launches in the changing environment. The US economy is expected to grow in 2024 (around 2.2% growth in 2024), potentially driving demand for various Telehealth and Telemedicine market segments. Similarly, Strong end-user demand is encouraging Canadian Telehealth and Telemedicine companies to invest in niche segments. Further, as Mexico continues to strengthen its trade relations and invest in technological advancements, the Mexico Telehealth and Telemedicine market is expected to experience significant expansion, offering lucrative opportunities for both domestic and international stakeholders.

Europe Telehealth and Telemedicine Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities

The German industry remains the major market for companies in the European Telehealth and Telemedicine industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of businesses in identifying and leveraging new growth prospects positions the European Telehealth and Telemedicine market for an upward trajectory, fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and a keen understanding of consumer preferences.

Asia Pacific Telehealth and Telemedicine Market Size Outlook- an attractive hub for opportunities for both local and global companies

The increasing prevalence of indications, robust healthcare expenditure, and increasing investments in healthcare infrastructure drive the demand for Telehealth and Telemedicine in Asia Pacific. In particular, China, India, and South East Asian Telehealth and Telemedicine markets present a compelling outlook for 2030, acting as a magnet for both domestic and multinational manufacturers seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major markets in the region.

Latin America Telehealth and Telemedicine Market Size Outlook- Continued urbanization and rising income levels

Rising income levels contribute to greater purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa Telehealth and Telemedicine Market Size Outlook- continues its upward trajectory across segments

Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Telehealth and Telemedicine market potential. Fueled by increasing healthcare expenditure of individuals, growing population, and high prevalence across a few markets drives the demand for Telehealth and Telemedicine.

Telehealth and Telemedicine Market Company Profiles

The global Telehealth and Telemedicine market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. Leading companies included in the study are Koninklijke Philips, N.V (Netherlands), Medtronic plc (Ireland), GE Healthcare (US), Oracle (US), Siemens Healthcare GmbH (Germany), Cisco Systems (US), Asahi Kasei Corporation (Japan), Iron Bow Technologies (US), American Well (US), Teladoc Health, Inc. (US), AMC Health (US), TeleSpecialists(US), Doctor On Demand by Included Health, Inc. (US), MDLIVE (US), GlobalMedia Group, LLC (US), Medvivo Group Ltd. (UK),

Recent Telehealth and Telemedicine Market Developments

The global Telehealth and Telemedicine market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

Telehealth and Telemedicine Market Report Scope

Parameters: Revenue, Volume Price

Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2030 (Forecast Period)

Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)

Qualitative Analysis
  • Pricing Analysis
  • Value Chain Analysis
  • SWOT Profile
  • Market Dynamics- Trends, Drivers, Challenges
  • Porter’s Five Forces Analysis
  • Macroeconomic Impact Analysis
  • Case Scenarios- Low, Base, High
Market Segmentation:

By Type

Remote Patient Monitoring

Real Time Interaction

Store and Forward

By Offering

One-Time Purchase

Subscription Based

Pay-Per Use

By Hardware

Monitors

Medical Peripheral Devices

By Mode Of Delivery

Cloud Based

On Premise

By Application

Telecare

Activity Monitoring

Remote Medication Management

Teleconsultation

Tele ICU

Telepsychiatry

Teledermatology

Others

By End-User

Providers

Payers

Patients and Consumables

Geographical Segmentation:
  • North America (3 markets)
  • Europe (6 markets)
  • Asia Pacific (6 markets)
  • Latin America (3 markets)
  • Middle East Africa (5 markets)
Companies

Koninklijke Philips, N.V (Netherlands)

Medtronic plc (Ireland)

GE Healthcare (US)

Oracle (US)

Siemens Healthcare GmbH (Germany)

Cisco Systems (US)

Asahi Kasei Corporation (Japan)

Iron Bow Technologies (US)

American Well (US)

Teladoc Health, Inc. (US)

AMC Health (US)

TeleSpecialists(US)

Doctor On Demand by Included Health, Inc. (US)

MDLIVE (US)

GlobalMedia Group, LLC (US)

Medvivo Group Ltd. (UK)

Formats Available: Excel, PDF, and PPT
1. EXECUTIVE SUMMARY

1.1 Telehealth and Telemedicine Market Overview and Key Findings, 2024
1.2 Telehealth and Telemedicine Market Size and Growth Outlook, 2021- 2030
1.3 Telehealth and Telemedicine Market Growth Opportunities to 2030
1.4 Key Telehealth and Telemedicine Market Trends and Challenges
  1.4.1 Telehealth and Telemedicine Market Drivers and Trends
  1.4.2 Telehealth and Telemedicine Market Challenges
1.5 Competitive Landscape and Key Players
1.6 Competitive Analysis- Growth Strategies Adopted by Leading Telehealth and Telemedicine Companies

2. TELEHEALTH AND TELEMEDICINE MARKET SIZE OUTLOOK TO 2030

2.1 Telehealth and Telemedicine Market Size Outlook, USD Million, 2021- 2030
2.2 Telehealth and Telemedicine Incremental Market Growth Outlook, %, 2021- 2030
2.3 Segment Snapshot, 2024

3. TELEHEALTH AND TELEMEDICINE MARKET- STRATEGIC ANALYSIS REVIEW

3.1 Porter's Five Forces Analysis
* Threat of New Entrants
* Threat of Substitutes
* Intensity of Competitive Rivalry
* Bargaining Power of Buyers
* Bargaining Power of Suppliers
3.2 Value Chain Analysis
3.3 SWOT Analysis

4. TELEHEALTH AND TELEMEDICINE MARKET SEGMENTATION ANALYSIS AND OUTLOOK

4.1 Market Segmentation and Scope
4.2 Market Breakdown by Type, Application, and Other Segments, 2021-2030
By Type
Remote Patient Monitoring
Real Time Interaction
Store and Forward
By Offering
One-Time Purchase
Subscription Based
Pay-Per Use
By Hardware
Monitors
Medical Peripheral Devices
By Mode Of Delivery
Cloud Based
On Premise
By Application
Telecare
Activity Monitoring
Remote Medication Management
Teleconsultation
Tele ICU
Telepsychiatry
Teledermatology
Others
By End-User
Providers
Payers
Patients and Consumables
4.3 Growth Prospects and Niche Opportunities, 2023- 2030
4.4 Regional comparison of Market Growth, CAGR, 2023-2030

5. REGION-WISE MARKET OUTLOOK TO 2030

5.1 Key Findings for Asia Pacific Telehealth and Telemedicine Market, 2025
5.2 Asia Pacific Telehealth and Telemedicine Market Size Outlook by Type, 2021- 2030
5.3 Asia Pacific Telehealth and Telemedicine Market Size Outlook by Application, 2021- 2030
5.4 Key Findings for Europe Telehealth and Telemedicine Market, 2025
5.5 Europe Telehealth and Telemedicine Market Size Outlook by Type, 2021- 2030
5.6 Europe Telehealth and Telemedicine Market Size Outlook by Application, 2021- 2030
5.7 Key Findings for North America Telehealth and Telemedicine Market, 2025
5.8 North America Telehealth and Telemedicine Market Size Outlook by Type, 2021- 2030
5.9 North America Telehealth and Telemedicine Market Size Outlook by Application, 2021- 2030
5.10 Key Findings for South America Telehealth and Telemedicine Market, 2025
5.11 South America Pacific Telehealth and Telemedicine Market Size Outlook by Type, 2021- 2030
5.12 South America Telehealth and Telemedicine Market Size Outlook by Application, 2021- 2030
5.13 Key Findings for Middle East and Africa Telehealth and Telemedicine Market, 2025
5.14 Middle East Africa Telehealth and Telemedicine Market Size Outlook by Type, 2021- 2030
5.15 Middle East Africa Telehealth and Telemedicine Market Size Outlook by Application, 2021- 2030

6. COUNTRY-WISE MARKET SIZE OUTLOOK TO 2030

6.1 US Telehealth and Telemedicine Market Size Outlook and Revenue Growth Forecasts
6.2 US Telehealth and Telemedicine Industry Drivers and Opportunities
6.3 Canada Market Size Outlook and Revenue Growth Forecasts
6.4 Canada Telehealth and Telemedicine Industry Drivers and Opportunities
6.6 Mexico Market Size Outlook and Revenue Growth Forecasts
6.6 Mexico Telehealth and Telemedicine Industry Drivers and Opportunities
6.7 Germany Market Size Outlook and Revenue Growth Forecasts
6.8 Germany Telehealth and Telemedicine Industry Drivers and Opportunities
6.9 France Market Size Outlook and Revenue Growth Forecasts
6.10 France Telehealth and Telemedicine Industry Drivers and Opportunities
6.11 UK Market Size Outlook and Revenue Growth Forecasts
6.12 UK Telehealth and Telemedicine Industry Drivers and Opportunities
6.13 Spain Market Size Outlook and Revenue Growth Forecasts
6.14 Spain Telehealth and Telemedicine Industry Drivers and Opportunities
6.16 Italy Market Size Outlook and Revenue Growth Forecasts
6.16 Italy Telehealth and Telemedicine Industry Drivers and Opportunities
6.17 Rest of Europe Market Size Outlook and Revenue Growth Forecasts
6.18 Rest of Europe Telehealth and Telemedicine Industry Drivers and Opportunities
6.19 China Market Size Outlook and Revenue Growth Forecasts
6.20 China Telehealth and Telemedicine Industry Drivers and Opportunities
6.21 India Market Size Outlook and Revenue Growth Forecasts
6.22 India Telehealth and Telemedicine Industry Drivers and Opportunities
6.23 Japan Market Size Outlook and Revenue Growth Forecasts
6.24 Japan Telehealth and Telemedicine Industry Drivers and Opportunities
6.26 South Korea Market Size Outlook and Revenue Growth Forecasts
6.26 South Korea Telehealth and Telemedicine Industry Drivers and Opportunities
6.27 Australia Market Size Outlook and Revenue Growth Forecasts
6.28 Australia Telehealth and Telemedicine Industry Drivers and Opportunities
6.29 South East Asia Market Size Outlook and Revenue Growth Forecasts
6.30 South East Asia Telehealth and Telemedicine Industry Drivers and Opportunities
6.31 Rest of Asia Pacific Market Size Outlook and Revenue Growth Forecasts
6.32 Rest of Asia Pacific Telehealth and Telemedicine Industry Drivers and Opportunities
6.33 Brazil Market Size Outlook and Revenue Growth Forecasts
6.34 Brazil Telehealth and Telemedicine Industry Drivers and Opportunities
6.36 Argentina Market Size Outlook and Revenue Growth Forecasts
6.36 Argentina Telehealth and Telemedicine Industry Drivers and Opportunities
6.37 Rest of South America Market Size Outlook and Revenue Growth Forecasts
6.38 Rest of South America Telehealth and Telemedicine Industry Drivers and Opportunities
6.39 Middle East Market Size Outlook and Revenue Growth Forecasts
6.40 Middle East Telehealth and Telemedicine Industry Drivers and Opportunities
6.41 Africa Market Size Outlook and Revenue Growth Forecasts
6.42 Africa Telehealth and Telemedicine Industry Drivers and Opportunities

7. TELEHEALTH AND TELEMEDICINE MARKET OUTLOOK ACROSS SCENARIOS

7.1 Low Growth Case
7.2 Reference Growth Case
7.3 High Growth Case

8. TELEHEALTH AND TELEMEDICINE COMPANY PROFILES

8.1 Profiles of Leading Telehealth and Telemedicine Companies in the Market
8.2 Business Descriptions, SWOT Analysis, and Growth Strategies
8.3 Financial Performance and Key Metrics
Koninklijke Philips, N.V (Netherlands)
Medtronic plc (Ireland)
GE Healthcare (US)
Oracle (US)
Siemens Healthcare GmbH (Germany)
Cisco Systems (US)
Asahi Kasei Corporation (Japan)
Iron Bow Technologies (US)
American Well (US)
Teladoc Health, Inc. (US)
AMC Health (US)
TeleSpecialists(US)
Doctor On Demand by Included Health, Inc. (US)
MDLIVE (US)
GlobalMedia Group, LLC (US)
Medvivo Group Ltd. (UK)

9. APPENDIX

9.1 Scope of the Report
9.2 Research Methodology and Data Sources
9.3 Glossary of Terms
9.4 Market Definitions
9.5 Contact Information


More Publications