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Key Influencer in the Telehealth Software Market 2025: The Telehealth Software Market Surge Driven by Escalating Chronic Disease Prevalence Driver
Telehealth Software Market Share
An increasing number of chronic disease cases is anticipated to fuel the telehealth software market's expansion. Chronic diseases encompass long-term conditions marked by consistent or recurring symptoms typically necessitating continual management and treatment. The escalating incidences of such diseases could be attributed to aging populations, the consumption of tobacco and alcohol, and inadequate access to healthcare services. Telehealth software plays a pivotal role in managing chronic diseases by providing remote healthcare services, enabling regular monitoring and consultations for patients without having to make physical visits. This convenience encourages early diagnosis, ongoing care, and patient empowerment, thereby leading to improved management and treatment outcomes for individuals dealing with chronic conditions. For instance, the World Health Organization, a specialized United Nations agency based in Switzerland, reported that in September 2022, the global mortality rate due to non-communicable diseases (NCDs) or chronic diseases was 74%, totaling 41 million deaths. The figures included 17.9 million deaths from cardiovascular issues, 9.3 million deaths from cancer, 4.1 million from chronic respiratory diseases, and 2.0 million deaths from diabetes. A similar report in September 2023 mirrored these numbers. Thus, the surging occurrence of chronic diseases is steering the advancement of the telehealth software market.
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What is the projected compound annual growth rate (CAGR) of the telehealth software market from 2025 to 2034, and what factors influence it?
In the last few years, the telehealth software market has seen quick expansion. From a market size of $9.52 billion in 2024, it is expected to climb to $11.29 billion in 2025, representing a compound annual growth rate (CAGR) of 18.7 percent. The expansion over this historic period can be linked to a variety of factors, including an increase in cases of chronic diseases; the deepening consciousness and embrace of telemedicine among consumers; a surge in telehealth usage, driven by the prevalence of chronic illnesses; an ever-growing aging population; and the escalating necessity for remote patient monitoring solutions.
The market size for telehealth software is poised for significant expansion in the coming years, expected to reach $22.11 billion by 2029, with a compound annual growth rate (CAGR) of 18.3%. The predicted growth for this period can be ascribed to an increased emphasis on telehealth interoperability, a surge in demand for distant healthcare services, and a heightened inclination towards telemedicine platforms. In the forecast period, key trends to watch include telecommunication technological advancements, growth of healthcare facilities in remote regions, the incorporation of AI and machine learning into telehealth, the integration of telehealth within electronic health records (EHR) systems, and the expansion of telehealth services in emerging nations.
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How are the latest trends influencing the growth of the telehealth software market?
Prominent enterprises in the telehealth software market are channeling their efforts into creating sophisticated solutions, like single-interface cloud-based systems, to establish their superiority in the market. A single-interface cloud-based system is an amalgamation of different platforms delivering a wide array of telehealth services, which users can avail through a uniform interface. For example, GoMeyra, an American cloud software corporation, in June 2022, rolled out the GoVirtual Clinic. This novel telehealth platform is a single-interface cloud-based solution enabling labs, doctors, or nurses to perform medical exams and consult with patients through a safe remote platform. This avant-garde platform endows healthcare professionals with a range of options for managing patient care, electronic health data, and holding virtual patient meetings. The inaugurated phase of this platform consists of tools for streamlining the scheduling and management of virtual testing appointments, requisitioning test kits, supervising online waiting rooms, executing virtual appointments, and instantly communicating test results to patients.
What are the major segments of the telehealth software market and their role in driving growth?
The telehealth software market covered in this report is segmented -
1) By Component: Software, Services
2) By Deployment: Cloud-Based, On-Premises
3) By End User: Healthcare Providers, Healthcare Payers And Patients
Subsegments:
1) By Software: Telemedicine Software, Remote Patient Monitoring Software, Video Conferencing Software, Electronic Health Record (EHR) Integration Software, Clinical Decision Support Software, mHealth Applications, Patient Portals, Appointment Scheduling Software
2) By Services: Telehealth Consulting Services, Telehealth Integration Services, Managed Services, Training And Support Services, Maintenance Services
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North America was the largest region in the telehealth software market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the telehealth software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Who are the key firms paving the way for growth in the telehealth software market?
Major companies operating in the telehealth software market are Cisco Systems Inc., Oracle Corporation, Honeywell International Inc., Medtronic Inc., Advanced Micro Devices Inc., Koninklijke Philips N.V., Resideo Technologies Inc., Cerner Corporation, Zoom Video Communications Inc., Teladoc Health Inc., Masimo Corporation, OSI Systems Inc., Allscripts Healthcare LLC, A&D Company Limited, BioTelemetry, American Well Corporation, Vocera Communications Inc., Care Innovations LLC, Zocdoc Inc., CureMD Healthcare, Chiron Technology Services Inc., GlobalMedia Group LLC, PatientSafe Solutions Inc., Biotricity Inc., Updox LLC, Capsule Technologies Inc., Aerotel Medical Systems Ltd.
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What Is Covered In The Telehealth Software Global Market Report?
•Market Size Forecast: Examine the telehealth software market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the telehealth software market for a structured understanding.
•Key Players Overview: Analyze major players in the telehealth software market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the telehealth software market.
•Segment Contributions: Evaluate how different segments drive overall growth in the telehealth software market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the telehealth software market.
•Industry Challenges: Identify potential risks and obstacles affecting the telehealth software market.
•Competitive Landscape: Review strategic developments in the telehealth software market, including expansions, agreements, and new product launches.
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