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Driving Telehealth Software Market Growth in 2025: The Role of The Telehealth Software Market Surge Driven by Escalating Chronic Disease Prevalence
"Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shiftsTelehealth Software Market Size Growth Forecast: What to Expect by 2025?
Recently, the telehealth software market has experienced rapid expansion. The market is projected to increase from $9.52 billion in 2024 to $11.29 billion in 2025, boasting a compound annual growth rate (CAGR) of 18.7%. The growth observed in the past can be credited to factors like the rising incidence of chronic illnesses, the swelling awareness and acceptance of telemedicine among consumers, the increase in usage of telehealth instigated by chronic diseases, the aging demographic, and the escalating demand for solutions that enable remote patient monitoring.
How Will the Telehealth Software Market Size Evolve and Grow by 2029?
The predicted swift expansion of the telehealth software market in the upcoming years suggests a possible value of $22.11 billion by 2029, reflecting a compound annual growth rate (CAGR) of 18.3%. This predicted acceleration during the forecast period can be credited to various factors, such as the rise in demand for remote healthcare services, an intensified focus on telehealth interoperability, and a growing preference for telemedicine platforms. Key trends expected to shape the market during this forecast period involve advancements in telecommunication technology, the growth of healthcare infrastructure in off-site locations, the incorporation of AI and machine learning into telehealth, assimilation of telehealth into electronic health records (EHR) systems, and the broadening scope of telehealth services in emerging economies.
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What Drivers Are Propelling the Growth of Telehealth Software Market Forward?
The telehealth software market is projected to experience significant growth due to the increasing incidence of chronic diseases. These are long-term conditions which generally have persistent or recurrent symptoms necessitating continuous management and treatment. The rise in chronic diseases is attributed to factors such as an aging population, consumption of tobacco and alcohol, and inadequate access to healthcare. Telehealth software provides a valuable solution for managing these conditions, offering remote healthcare services that eliminate the need for physical appointments. It aids in early disease detection, constant care, and empowering patients, leading to improved management and outcomes for those with chronic illnesses. For example, as per September 2022 data from the World Health Organization (WHO), a specialized United Nations agency based in Switzerland, there were 41 million global deaths, corresponding to 74% of all deaths resulting from non-communicable diseases (NCDs) or chronic diseases annually. These comprised 17.9 million deaths from cardiovascular diseases, 9.3 million deaths from cancer, 4.1 million deaths from chronic respiratory diseases, and 2.0 million deaths from diabetes. Similarly, in September 2023, the WHO reported 41 million deaths, accounting for 74% of all deaths caused by NCDs or chronic diseases globally each year. Hence, the rising incidence of chronic diseases is a key factor propelling the growth of the telehealth software market.
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Which Emerging Trends Are Transforming the Telehealth Software Market in 2025?
Leading corporations in the telehealth software industry are concentrating on developing state-of-the-art solutions, like unified interface cloud-based systems, to secure an advantage in the business sector. Unified interface cloud-based systems are integrated platforms offering a broad range of telehealth services available via a consolidated user interface. In June 2022, for instance, GoMeyra, a cloud software corporation situated in the US, introduced the GoVirtual Clinic, a novel telehealth platform, and a unified interface cloud-based system that permits labs, doctors, or nurses to perform medical testing and consult with patients via a safe, remote platform. The GoVirtual Clinic is a new-age platform equipping medical professionals with an array of solutions for executing virtual patient appointments, managing patient care, and related electronic health data. The platform's initial stage, which was recently launched, comes with resources for efficiently scheduling and supervising virtual testing appointments, requesting test kits, overseeing online waiting rooms, carrying out virtual consultations, and delivering test results to patients instantaneously.
What Are the Key Segments in the Telehealth Software Market?
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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Who Are the Key Players Shaping the Telehealth Software Market's Competitive Landscape?
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.
What Geographic Markets Are Powering Growth in the Telehealth Software Market?
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.
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