Press Release

Telehealth Market to Grow with a CAGR of 8.05% through 2030F

Growing incidences and prevalence of chronic diseases and growing technological advances in healthcare is expected to drive the Global Telehealth Market growth in the forecast period, 2026-2030.


According to TechSci Research report, “Telehealth Market - Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030F”, the Global Telehealth Market stood at USD 85.57 billion in 2024 and is anticipated to grow with a CAGR of 8.05% in the forecast period. The market growth is driven by several key factors, including the rising prevalence of chronic diseases, growing demand for remote patient monitoring, and improved patient engagement. However, challenges related to privacy and data security pose significant obstacles to the market's expansion. Despite these challenges, there are ample opportunities in the telehealth market, such as the increasing need for technology and funding to support its growth. The demand for healthcare services and technologies has surged in the aftermath of the pandemic. Innovative technologies like telemedicine, chatbots, and robots are being deployed to gather information, provide reassurance, deliver patient care, make diagnoses, and even aid in future vaccine development. The potential of telehealth has become even more evident, given the global shortage of hospital beds and healthcare professionals.

The global telehealth market is being driven by the increasing demand for digital and convenient healthcare products and services among hospitals and consumers worldwide. Telehealth platforms are gaining significant traction among consumers due to the availability of healthcare professionals at the touch of a button. The growth of the telehealth market is further fueled by investments in IT infrastructure development and the widespread adoption of smartphones and internet connectivity.

The telehealth market is also propelled by the rising prevalence of chronic diseases and the growing geriatric population. The increasing number of hospitals and clinics worldwide is fueling the adoption of telehealth. By monitoring patients' medical health and providing valuable insights during treatment, telehealth facilitates effective patient care. The constant monitoring required for geriatric patients is driving the demand for telehealth platforms. The widespread penetration of telehealth apps globally is playing a significant role in the market's exponential growth. Key market players are contributing to the market's expansion through various strategic initiatives such as acquisitions, partnerships, and new product launches.

The increasing penetration of the internet and the continuous evolution and development of smartphones have been significant factors contributing to the growth of the market. Advancements in digital infrastructure have empowered users to monitor their health and fitness, access medical assistance, and schedule appointments conveniently. A notable example is the partnership between AIG and Cigna with Doctor Anywhere in Singapore, where they provide complimentary consultation services to patients across Thailand, Singapore, and Vietnam. The increasing number of public-private partnerships, advancements in digital infrastructure, government initiatives, and continuous advancements in digital health technologies are expected to drive the demand for virtual care applications and services. Nevertheless, the absence of robust health standards in comparison to the traditional healthcare system and concerns regarding patient privacy and confidentiality may somewhat limit the expansion of this market. Similarly, the hesitancy to transition from conventional systems, instances of misdiagnosis, and technological obstacles in developing nations can pose challenges for the stakeholders operating in this market.


Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Global Telehealth Market

 

The Global Telehealth Market is segmented into type, delivery mode, application, end user, regional distribution, and company.

Based on end user, physician telehealth segment is expected to be the fastest growing segment in the upcoming years. The end user segment is expected to witness significant market share growth throughout the forecast period. Physician telehealth encompasses a wide range of remote healthcare services, including live video conferencing, remote patient monitoring, and mobile health (mHealth). These telehealth services offer notable clinical benefits, empowering healthcare professionals to deliver effective and accurate consultations remotely. Telehealth services extend beyond clinical aspects, encompassing non-clinical services such as administrative meetings, healthcare provider training, and health administration. The increasing adoption of telehealth services by healthcare providers and payers can be attributed to technological advancements and improved internet services.

Based on region, North America dominates the global telehealth market due to a combination of advanced healthcare infrastructure, high digital adoption, and strong government support. The United States and Canada have widespread internet access and high smartphone penetration, enabling seamless virtual care delivery. Major players like Teladoc Health, Amwell, and Philips North America drive innovation and service expansion. The supportive regulatory policies, such as reimbursement for telehealth services under Medicare and Medicaid, have accelerated adoption. The COVID-19 pandemic further boosted telehealth usage, prompting healthcare providers and patients to embrace remote care for safety and convenience. The region faces a growing burden of chronic diseases, aging populations, and physician shortages—key drivers for virtual care solutions. Investment in artificial intelligence, remote patient monitoring, and mental health platforms also contributes to sustained growth. Collectively, these factors position North America as a leader in shaping the future of the global telehealth landscape.


Major companies operating in Global Telehealth Market are:

·         Aerotel Medical Systems Ltd.

·         American Well Corp.

·         Appello Careline Ltd.

·         Cerner Corp.

·         Cisco Systems Inc.

·         Dictum Health Inc.

·         Enghouse Systems Ltd.

·         Evernorth Health Inc.

·         General Electric Co.

·         Hewlett Packard Enterprise Co.


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“The global telehealth market is growing rapidly, driven by advancements in internet technology, widespread device usage, and improved connectivity. High-speed internet and the rise of smartphones, laptops, and portable devices have made telehealth more accessible, bringing care directly into homes. This convenience, combined with increasing internet penetration, has filled gaps in healthcare delivery. The integration of AI and machine learning enables real-time, data-driven decision-making, enhancing patient care. Ongoing innovation further supports market expansion” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

Telehealth Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Software, Systems, Hardware, Telecommunication), By Delivery Mode (Cloud-Based Delivery Mode, Web-Based Delivery Mode, On-Premises Delivery Mode), By Application (General Consultation, Cardiology, Gynecology, Ophthalmology, Orthopedics, Others), By End User (Hospitals, Physician Telehealth, Home Telehealth), By Region and Competition, 2020-2030F”, has evaluated the future growth potential of Global Telehealth Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Telehealth Market.


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