Telehealth And Telemedicine Market Overview
Introduction:
Telehealth and Telemedicine Market was valued at US$ 120.5 billion in 2024 and is projected to grow at a CAGR of 23.3% to reach US$ 813.7 billion by 2034.
Distant non-clinical services are referred to as telehealth, whereas remote clinical services are specifically referred to as telemedicine. The practise of employing telecommunications technologies to facilitate the provision of various medical, diagnostic, and treatment-related services, typically by doctors, is known as telemedicine. Performing diagnostic tests, closely monitoring a patient's improvement following treatment or therapy, and providing access to specialists who are not nearby the patient are a few examples of what this entails. In contrast to telemedicine, which primarily focuses on doctor-patient relationships, telehealth offers a wider range of remote healthcare services. It frequently entails assistance from professionals like nurses, pharmacists, or social workers who assist with patient health education, social support, medication adherence, and problem-solving for patients and their caregivers. The range of applications for telehealth and telemedicine is extensive. Direct contact between doctors and patients and other people reduces the danger of infection. Telehealth care, which is further broken down into Teleconsultation and Tele-follow up, is a method of preventative and promotive healthcare that uses ICTs (Information and Communications Technologies). A CTI (Computer Telephone Integrated) system is used in tele-home health care to remotely monitor patients' vital signs around-the-clock. such as tele-ophthalmology, tele-psychiatry, tele-cardiology, and tele-surgery Tele-radiology and Tele-endoscopy are examples of diagnostic services that are employed.
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
Telehealth And Telemedicine Market Dynamics
Rise in healthcare delivery and disaster management
School-Based Health Centers support the management of long-term illnesses like obesity, diabetes, and bronchial asthma. A school nurse can consult a specialist doctor remotely thanks to telemedicine. Without incurring the cost and risks of transporting convicts or requiring a specialist doctor to enter, correctional facilities provide for the medical needs of the offenders. Mobile Health Clinics offer convenient access to a distant doctor or medical expert.During a medical emergency, shipping and transportation can assist you avoid evacuations and unplanned detours.On-site medical management and triage guidance are provided with the assistance of industrial health.For a disaster-affected area when all other forms of connectivity are disrupted, a mobile and portable telemedicine system with satellite connectivity and tailored telemedicine software is suitable.
Examples: NASA Tele-medicine services provided during 1985, Mexico City Earthquake and 1988 Soviet Armenia Earthquake.
Amrita Hospital Tele-medicine services provided during 2004, Tsunami Disaster.
Technological advancement
Videoconferencing, the Internet, Store-and-Forward Imaging, Streaming Media, and Terrestrial and Wireless Communications are examples of technologies. Patients who have multiple chronic conditions for which transportation may be a barrier, patients who otherwise face burdensome travel times to receive specialty care, patients who have multiple chronic conditions for which transportation may be a barrier, as well as anyone balancing multiple responsibilities between family, work, exercise, and other social engagements and community activities where the convenience of a Telehealth enco is advantageous are all benefiting from the advancement of telehealth and related technologies.
Restrains:
New technology is being held back by a lack of understanding and acceptability among the general public and professionals. Governments are already beginning to show a strong interest in creating Telemedicine procedures, leading to a slow but steady development in its use in public health. We anticipate that Telemedicine applications will eventually realise their full potential.
Telehealth And Telemedicine Market Segmentation
Telehealth and Telemedicine Market is segmented based on type, application, and region.
On the basis of Type, the Telehealth and Telemedicine Market is segmented into Real Time or Synchronous, Store-and-Forward or Asynchronous, Remote Monitoring, Health Professional to Health Professional, Health Professional to Patientand others. On the basis of Application, Educational, Healthcare Delivery, Healthcare Management, Screening of Diseases, Disaster Management and others.
Regional Insights:
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
On region the Telehealth and Telemedicine Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia-pacific market is estimated to witness a significantly high revenue share over the forecast period, owing to growing population, especially in countries such as India and China, and technological advancements. Moreover, rising presence of industrial corridor is anticipated to increase demand for Telehealth and Telemedicine Market in the region.
Report Scope:
|
Attribute |
Details |
|
Market Size 2024 |
US$ 120.5 billion |
|
Projected Market Size 2034 |
US$ 813.7 billion |
|
CAGR Growth Rate |
23.3% |
|
Base year for estimation |
2023 |
|
Forecast period |
2024 – 2034 |
|
Market representation |
Revenue in USD Billion & CAGR from 2024 to 2034 |
|
Market Segmentation |
By Type – Real Time or Synchronous, Store-and-Forward or Asynchronous, Remote Monitoring, Health Professional to Health Professional, Health Professional to Patient and others. By Application – Educational, Healthcare Delivery, Healthcare Management, Screening of Diseases, Disaster Management and others. |
|
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
|
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the Global Telehealth and Telemedicine Market report based on Type, Application, and region:
Telehealth and Telemedicine Market, By Type:
- Real Time or Synchronous
- Store-and-Forward or Asynchronous
- Remote Monitoring
- Health Professional to Health Professional
- Health Professional to Patient
Telehealth and Telemedicine Market, By Application:
- Educational
- Healthcare Delivery
- Healthcare Management
- Screening of Diseases
- Disaster Management
Telehealth and Telemedicine Market, By Region:
- North America
- Canada
- U.S.
- Europe
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
Telehealth And Telemedicine Market Key Players
The key players operating the Global Telehealth and Telemedicine Market includes, Zoom, Cisco Systems, American Well, Doxy.me, Teladoc Health, MeMD, HealthTap, Amwell, MDLive.
For instance, Sesame has reduced overall healthcare costs for over 100,000 Americans. As the only superstore for great doctors, specialists, labs, prescriptions, and more, Sesame’s dynamic marketplace has saved patients over $3million in 2021 alone.
Telehealth And Telemedicine Market Company Profile
- Sesame Care*
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Zoom
- Cisco Systems
- American Well
- Doxy.me
- Teladoc Health
- MeMD
- HealthTap
- Amwell
- MDLive
“*” marked represents similar segmentation in other categories in the respective section
Telehealth And Telemedicine Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for medical carts Strategies
- Key Questions this Study will Answer
- Market Snippet, By End-User
- Market Snippet, By Application
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global Telehealth and Telemedicine Market, By Type
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Real Time or Synchronous
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Store-and-Forward or Asynchronous
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Remote Monitoring
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Health Professional to Health Professional
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Health Professional to Patients
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Others
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Telehealth and Telemedicine Market, By Application, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Educational
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Healthcare Delivery
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Healthcare Management
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Screening of Diseases
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Disaster Management
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Others
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Telehealth and Telemedicine Market, By Region, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Overview
-
- Latin America
- Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- GCC
- Israel
- South Africa
- Rest of Middle East
- Latin America
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- Zoom
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Cisco Systems
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- American Well
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Doxy.me
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Teladoc Health
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- MeMD
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- HealthTap
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Amwell
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- MDLive
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Doctor on Demand Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- LiveHealth Online
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- VirtuWell
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Sesame Care
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- PlushCare
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Polycom
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Philips Healthcare
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Alten Calsoft Labs (A Subsidiary of Alten Group)
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Asahi Kasei Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Cerner Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Chiron Health
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Cisco Systems
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Globalmed
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The Telehealth and Telemedicine Market is segmented into basis of type, application and region.
Expanding internet & mobile connectivity are all positive steps towards rapid adoption of Telehealth in market.
By region, The Asia-pacific market is estimated to witness a significantly high revenue share over the forecast period, owing to growing population, especially in countries such as India and China, and technological advancements.
The Key players operating in the Telehealth and Telemedicine Market include Zoom, Cisco Systems, American Well, Doxy.me, Teladoc Health, MeMD, HealthTap, Amwell, MDLive, Doctor on Demand Inc., LiveHealth Online, VirtuWell, Sesame Care, PlushCare, Polycom, Philips Healthcare, Alten Calsoft Labs (A Subsidiary of Alten Group), Asahi Kasei Corporation, Cerner Corporation, Chiron Health, Cisco Systems, Globalmed.