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Telehealth Market Overview 2023-2032: Expected Market Growth Rate, Major Driver And Segments | Teladoc Health Inc., American Well, MDLive, Doctor on Demand, GlobalMed
Telehealth Market
Telehealth Market Size, Growth Rate, And Forecast
The global telehealth market size grew from $102.98 billion in 2022 to $132.63 billion in 2023 at a compound annual growth rate (CAGR) of 28.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The telehealth market size is expected to grow to $349.11 billion in 2027 at a CAGR of 27.4%.
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Telehealth Market Drivers
The outbreak of COVID-19 propelled the growth of the telehealth market. Telehealth is recognized to be an effective tool in the fight against the COVID-19 pandemic, to prevent the spread of the virus due to travelling to clinics and hospitals. Individuals, both patients and healthcare providers, are increasingly moving towards these online platforms.
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Telehealth Market Segments
• By Component: Software, Services, Hardware
• By Mode Of Delivery: Cloud-based, On-Premise
• By Application: Teleradiology, Tele-Consultation, Tele-ICU, Tele-Stroke, Tele-Psychiatry, Tele-Dermatology, Other Applications
• By End-User: Healthcare Providers, Patients, Payers, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Telehealth market.
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Telehealth Market Key Players
Major competitors in the Telehealth market include Teladoc Health Inc., American Well, MDLive, Doctor on Demand, GlobalMed, Siemens Healthineers, Cisco Systems, Inc., Medtronic.
The Business Research Company's "Global Telehealth Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Telehealth Market Include:
1. Executive Summary
2. Telehealth Market Characteristics
3. Telehealth Market Trends And Strategies
4. Telehealth Market - Macro Economic Scenario
5. Telehealth Market Size And Growth
……
26. Africa Telehealth Market
27. Telehealth Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Telehealth Market
29. Telehealth Market Future Outlook and Potential Analysis
30. Appendix
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