Product Code: GVR-4-68039-909-7
Telehealth Market Growth & Trends:
The global telehealth market is expected to reach USD 455.27 billion by 2030, exhibiting a CAGR of 24.3% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is primarily driven by the growing adoption of digital health and smartphones, improved internet connectivity, the rise in the launch of telehealth services, and growing technological advancements. For instance, in May 2024, Thyme Care, an Oncology Care company, introduced Enhanced Supportive Care, a virtual palliative care program, to help cancer patients and their caretakers manage physical and psychosocial symptoms at home.
Furthermore, in recent years, the growing adoption of health apps has increased significantly. For instance, according to data published by Business of Apps in March 2024, there were around 379 million downloads of health apps. This growth indicates a rising interest in utilizing technology for health and wellness management. Health apps facilitate effective communication between healthcare staff and patients living in remote locations.
Moreover, machine learning techniques & AI functionality can enhance the personalization levels of healthcare. AI and machine learning are incorporated into telehealth to assist conclusive disposition of patients through remote analysis. Moreover, an AI chatbox is deployed to provide the latest healthcare information. The Telehealth platform of Haldoc uses AI to provide its physicians with feedback on their performance and consultation & training for performance enhancement. Thus, such technological advancements in telehealth services boost the market growth.
Moreover, increasing demand for healthcare in several regions is due to the growing elderly population and rising prevalence of chronic diseases. According to United Nations estimates, there were over 703 million individuals aged 65 and above in 2019, estimated to reach 1.5 billion by 2050 globally. Moreover, the middle class and affluent population across the globe are also growing rapidly. The increasing healthcare needs and shortage of medical professionals are estimated to drive the market.
Telehealth Market Report Highlights:
- By product, the services segment held the largest market share in 2023, owing to the growing adoption of telehealth services to manage chronic diseases and technological advancements in the digital health field.
- By delivery mode, the web-based segment held the largest market share in 2023, owing to the rising adoption of web-based solutions by healthcare professionals.
- By disease area, radiology segment dominated the market in terms of revenue share in 2023. Increasing incidences of chronic diseases, including breast cancer, cellulitis, & osteomyelitis, and a growing number of emergency cases fuel the market growth.
- By end-use, provider segment held largest share in 2023. Rising demand for reducing hospital admissions and growing adoption of telemedicine and teleconsultation services boost the market growth.
- North America dominated the global market in 2023 due to the availability of favorable government initiatives and digital infrastructure to provide digital solutions to patients.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.1.1. Segment scope
- 1.1.2. Regional scope
- 1.1.3. Estimates and forecast timeline
- 1.2. Research Methodology
- 1.3. Information Procurement
- 1.3.1. Purchased database
- 1.3.2. GVR's internal database
- 1.3.3. Secondary sources
- 1.3.4. Primary research
- 1.3.5. Details of primary research
- 1.4. Information or Data Analysis
- 1.4.1. Data analysis models
- 1.5. Market Formulation & Validation
- 1.6. Model Details
- 1.7. Research Assumptions
- 1.8. List of Secondary Sources
- 1.9. List of Primary Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.2.1. Product outlook
- 2.2.2. Delivery Mode outlook
- 2.2.3. Disease Area outlook
- 2.2.4. End Use outlook
- 2.2.5. Regional outlook
- 2.3. Competitive Insights
Chapter 3. Telehealth Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent market outlook
- 3.1.2. Ancillary market outlook
- 3.2. Market Dynamics
- 3.2.1. Market driver analysis
- 3.2.2. Market restraint analysis
- 3.3. Telehealth: Market Analysis Tools
- 3.3.1. Industry Analysis - Porter's Five Forces
- 3.3.2. PESTLE Analysis
- 3.4. Regulatory Framework
Chapter 4. Telehealth Market Segment Analysis, By Product, 2018 - 2030 (USD Million)
- 4.1. Definition and Scope
- 4.2. Product Market Share Analysis, 2023 & 2030
- 4.3. Segment Dashboard
- 4.4. Global Telehealth market, by product, 2018 to 2030
- 4.5. Hardware
- 4.5.1. Hardware market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.2. Monitors
- 4.5.2.1. Monitors market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.3. Medical Peripheral Devices
- 4.5.3.1. Medical Peripheral Devices market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.3.2. Blood Pressure Meters
- 4.5.3.2.1. Blood Pressure Meters market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.3.3. Blood Glucose Meters
- 4.5.3.3.1. Blood Glucose Meters market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.3.4. Weighing Scales
- 4.5.3.4.1. Weighing Scales market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.3.5. Pulse Oximeters
- 4.5.3.5.1. Pulse Oximeters market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.3.6. Peak Flow Meters
- 4.5.3.6.1. Peak Flow Meters market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.3.7. ECG Monitors
- 4.5.3.7.1. ECG Monitors market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.3.8. Others
- 4.5.3.8.1. Others market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.6. Software
- 4.6.1. Software market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.6.2. Standalone Software
- 4.6.2.1. Standalone Software market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.6.3. Integrated Software
- 4.6.3.1. Integrated Software market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.7. Services
- 4.7.1. Services market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.7.2. Remote Patient Monitoring
- 4.7.2.1. Remote Patient Monitoring market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.7.3. Real-Time Interactions
- 4.7.3.1. Real-Time Interactions market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.7.4. Store and Forward
- 4.7.4.1. Store and Forward market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.7.5. Others
- 4.7.5.1. Others market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 5. Telehealth Market Segment Analysis, By Delivery Mode, 2018 - 2030 (USD Million)
- 5.1. Definition and Scope
- 5.2. Delivery Mode Market Share Analysis, 2023 & 2030
- 5.3. Segment Dashboard
- 5.4. Global Telehealth market, by Delivery Mode, 2018 to 2030
- 5.5. On-premise
- 5.5.1. On-premise market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.6. Web-based
- 5.6.1. Web-based market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.7. Cloud-based
- 5.7.1. Cloud-based market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 6. Telehealth Market Segment Analysis, By Disease Area, 2018 - 2030 (USD Million)
- 6.1. Definition and Scope
- 6.2. Disease Area Market Share Analysis, 2023 & 2030
- 6.3. Segment Dashboard
- 6.4. Global Telehealth market, by Disease Area, 2018 to 2030
- 6.5. Psychiatry
- 6.5.1. Psychiatry market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.6. Substance Use
- 6.6.1. Substance Use market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.7. Radiology
- 6.7.1. Radiology market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.8. Endocrinology
- 6.8.1. Endocrinology market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.9. Dermatology
- 6.9.1. Dermatology market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.10. Gastroenterology
- 6.10.1. Gastroenterology market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.11. Neurological Medicine
- 6.11.1. Neurological Medicine market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.12. ENT
- 6.12.1. ENT market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.13. Radiology
- 6.13.1. Radiology market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.14. Cardiology
- 6.14.1. Cardiology market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.15. Oncology
- 6.15.1. Oncology market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.16. Dental
- 6.16.1. Dental market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.17. Gynecology
- 6.17.1. Gynecology market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.18. General Medicine
- 6.18.1. General Medicine market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.19. Others
- 6.19.1. Others market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 7. Telehealth Market Segment Analysis, By End Use, 2018 - 2030 (USD Million)
- 7.1. Definition and Scope
- 7.2. End Use Market Share Analysis, 2023 & 2030
- 7.3. Segment Dashboard
- 7.4. Global Telehealth Market, by End Use, 2018 to 2030
- 7.5. Payers
- 7.5.1. Payers market estimates and forecasts, 2018 to 2030 (USD Million)
- 7.6. Providers
- 7.6.1. Providers market estimates and forecasts, 2018 to 2030 (USD Million)
- 7.7. Patients
- 7.7.1. Patients market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 8. Telehealth Market Segment Analysis, By Region, 2018 - 2030 (USD Million)
- 8.1. Regional Market Share Analysis, 2023 & 2030
- 8.2. Regional Market Dashboard
- 8.3. Regional Market Snapshot
- 8.4. Telehealth Market Share by Region, 2023 & 2030:
- 8.5. North America
- 8.5.1. North America Telehealth market, 2018 - 2030 (USD Million)
- 8.5.2. U.S.
- 8.5.2.1. U.S. Telehealth market, 2018 - 2030 (USD Million)
- 8.5.3. Canada
- 8.5.3.1. Canada Telehealth market, 2018 - 2030 (USD Million)
- 8.5.4. Mexico
- 8.5.4.1. Mexico Telehealth market, 2018 - 2030 (USD Million)
- 8.6. Europe
- 8.6.1. Europe Telehealth market, 2018 - 2030 (USD Million)
- 8.6.2. UK
- 8.6.2.1. UK Telehealth market, 2018 - 2030 (USD Million)
- 8.6.3. Germany
- 8.6.3.1. Germany Telehealth market, 2018 - 2030 (USD Million)
- 8.6.4. France
- 8.6.4.1. France Telehealth market, 2018 - 2030 (USD Million)
- 8.6.5. Italy
- 8.6.5.1. Italy Telehealth market, 2018 - 2030 (USD Million)
- 8.6.6. Spain
- 8.6.6.1. Spain Telehealth market, 2018 - 2030 (USD Million)
- 8.6.7. Norway
- 8.6.7.1. Norway Telehealth market, 2018 - 2030 (USD Million)
- 8.6.8. Sweden
- 8.6.8.1. Sweden Telehealth market, 2018 - 2030 (USD Million)
- 8.6.9. Denmark
- 8.6.9.1. Denmark Telehealth market, 2018 - 2030 (USD Million)
- 8.7. Asia Pacific
- 8.7.1. Japan
- 8.7.1.1. Japan Telehealth market, 2018 - 2030 (USD Million)
- 8.7.2. China
- 8.7.2.1. China Telehealth market, 2018 - 2030 (USD Million)
- 8.7.3. India
- 8.7.3.1. India Telehealth market, 2018 - 2030 (USD Million)
- 8.7.4. Australia
- 8.7.4.1. Australia Telehealth market, 2018 - 2030 (USD Million)
- 8.7.5. South Korea
- 8.7.5.1. South Korea Telehealth market, 2018 - 2030 (USD Million)
- 8.7.6. Thailand
- 8.7.6.1. Thailand Telehealth market, 2018 - 2030 (USD Million)
- 8.8. Latin America
- 8.8.1. Brazil
- 8.8.1.1. Brazil Telehealth market, 2018 - 2030 (USD Million)
- 8.8.2. Chile
- 8.8.2.1. Chile Telehealth market, 2018 - 2030 (USD Million)
- 8.8.3. Argentina
- 8.8.3.1. Argentina Telehealth market, 2018 - 2030 (USD Million)
- 8.9. MEA
- 8.9.1. South Africa
- 8.9.1.1. South Africa Telehealth market, 2018 - 2030 (USD Million)
- 8.9.2. Saudi Arabia
- 8.9.2.1. Saudi Arabia Telehealth market, 2018 - 2030 (USD Million)
- 8.9.3. UAE
- 8.9.3.1. UAE Telehealth market, 2018 - 2030 (USD Million)
- 8.9.4. Kuwait
- 8.9.4.1. Kuwait Telehealth market, 2018 - 2030 (USD Million)
Chapter 9. Competitive Landscape
- 9.1. Recent Developments & Impact Analysis, By Key Market Participants
- 9.2. Company Categorization
- 9.3. Company Profiles
- 9.3.1. Koninklijke Philips N.V.
- 9.3.1.1. Company overview
- 9.3.1.2. Financial performance
- 9.3.1.3. Product benchmarking
- 9.3.1.4. Strategic initiatives
- 9.3.2. GE Healthcare
- 9.3.2.1. Company overview
- 9.3.2.2. Financial performance
- 9.3.2.3. Product benchmarking
- 9.3.2.4. Strategic initiatives
- 9.3.3. Oracle (Cerner Corporation)
- 9.3.3.1. Company overview
- 9.3.3.2. Financial performance
- 9.3.3.3. Product benchmarking
- 9.3.3.4. Strategic initiatives
- 9.3.4. Siemens Healthineers
- 9.3.4.1. Company overview
- 9.3.4.2. Financial performance
- 9.3.4.3. Product benchmarking
- 9.3.4.4. Strategic initiatives
- 9.3.5. Medtronic
- 9.3.5.1. Company overview
- 9.3.5.2. Financial performance
- 9.3.5.3. Product benchmarking
- 9.3.5.4. Strategic initiatives
- 9.3.6. Teladoc Health Inc.
- 9.3.6.1. Company overview
- 9.3.6.2. Financial performance
- 9.3.6.3. Product benchmarking
- 9.3.6.4. Strategic initiatives
- 9.3.7. American Well
- 9.3.7.1. Company overview
- 9.3.7.2. Financial performance
- 9.3.7.3. Product benchmarking
- 9.3.7.4. Strategic initiatives
- 9.3.8. MDLIVE
- 9.3.8.1. Company overview
- 9.3.8.2. Financial performance
- 9.3.8.3. Product benchmarking
- 9.3.8.4. Strategic initiatives
- 9.3.9. Doctor On Demand
- 9.3.9.1. Company overview
- 9.3.9.2. Financial performance
- 9.3.9.3. Product benchmarking
- 9.3.9.4. Strategic initiatives
- 9.3.10. Global Med
- 9.3.10.1. Company overview
- 9.3.10.2. Financial performance
- 9.3.10.3. Product benchmarking
- 9.3.10.4. Strategic initiatives