Europe telehealth market to grow from USD 5.7 Billion in 2024 to USD 23.4 Billion by 2033 driven by rising digital healthcare adoption

Market Overview

The Europe telehealth market was valued at USD 5.7 Billion in 2024 and is projected to reach USD 23.4 Billion by 2033, exhibiting a CAGR of 17.1% during the forecast period from 2025 to 2033. This growth is driven by rising demand for remote healthcare services, expanding aging populations, continuous innovations in digital health technologies, higher adoption of smartphones and wearables, government support, and the need for cost-effective healthcare alternatives.

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Study Assumption Years

Base Year: 2024
Historical Year/Period: 2019-2024
Forecast Year/Period: 2025-2033

Europe Telehealth Market Key Takeaways

Current Market Size: USD 5.7 Billion in 2024
CAGR: 17.1% from 2025 to 2033
Forecast Period: 2025-2033
Europe's aging population is rapidly increasing, with over 247 million people aged 60+ expected by 2030, fueling demand for chronic disease management and elderly care remote services.
Technological advancements such as AI, mobile health applications, and wearables are enhancing telehealth service efficiency and accessibility.
Government initiatives including the European Health Data Space and AI innovation accelerators significantly foster telehealth adoption and infrastructure.
Teleconsultation, telementoring, and teleradiology are among the most prominent telehealth applications driving market growth.
Countries like Germany, France, the UK, Italy, and Spain have strong telehealth markets supported by government policies and investments.

Market Growth Factors

Telehealth is in demand because the aging population grows rapidly in almost every European country. According to the WHO, the number of people aged 60 years and over throughout the WHO European Region is expected to increase from 227 million in 2015 to 247 million in 2030 and to over 300 million in 2050. As populations age, and chronic disease prevails and geriatric care is needed more, telehealth technologies that enable remote monitoring and allow for care or consultation may improve access, eliminate the need to travel to appointments and reduce the burden on stretched health systems.

Technological advances are helping with the market's growth. Digital health technologies are being leveraged to provide telehealth with telemedicine applications, mobile health (mHealth) applications, wearable technology, and artificial intelligence (AI)-enabled tools that help in diagnostics and monitoring. These technologies allow for telemedicine to be accurate, real time, improve patient outcome and integrate smoothly with cloud based systems. To support the transition to digital health, numerous public entities have invested in AI technology. For example, the European Union invested €67.5 million. Pan-European projects such as UNITE also invested.

Governments and regulators also play an important role in addition. For example, various policies in Europe like reimbursement programs and the European Health Data Space initiative aim to promote digital healthcare across borders. In addition, initiatives for example the WHO/Europe Calculated Partners' Initiative for Data and Digital Health (SPI-DDH) collaborate alongside member states and partners to tackle the barriers that prevent the safe, effective, and affordable use of digital health. These efforts are strengthening telemedicine's appeal with providers, patients, and industry, and expanding the telehealth market in rural and other underserved areas.

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Market Segmentation

Component:

Software: Facilitates telemedicine platforms, electronic health records, remote monitoring, and virtual consultations with real-time data communication and healthcare administration.
Hardware: Includes wearables, sensors, and telemedicine equipment essential for virtual consultations and continuous health monitoring.
Service: Encompasses patient support, telemedicine consultations, care coordination, diagnostic assistance, and virtual healthcare delivery platforms.
Communication Technology:
Video Conferencing: Enables real-time virtual communication between patients and healthcare providers, vital for rural and underserved areas.
mHealth Solutions: Mobile health apps and wearables support on-the-go healthcare access and continuous monitoring fueled by smartphone penetration and AI analytics.
Others: Not specifically detailed in the source.

Hosting Type:

Cloud-Based and Web-Based: Scalable, accessible, and cost-effective platforms supporting data sharing, AI integration, and 24/7 healthcare service access.
On-Premises: Preferred by providers prioritizing data security and compliance with regulations like GDPR, offering customization and reliable access.

Application:

Teleconsultation and Telementoring: Real-time patient-provider interaction and professional training, enhancing healthcare access and specialist guidance.
Medical Education and Training: Remote learning solutions for healthcare professionals including virtual workshops and live demos.
Teleradiology: Virtual image analysis for diagnostics, improving efficiency and cross-border collaboration.
Telecardiology: Not specifically described in detail.
Tele-ICU: Not specifically described in detail.
Tele-Psychiatry: Not specifically described in detail.
Tele-Dermatology: Not specifically described in detail.
Others: Not provided in source.

End User:

Providers: Hospitals, clinics, and specialists deploying telehealth to improve care and resource utilization.
Patients: Individuals benefiting from convenient remote consultations and health monitoring.
Payers: Insurance and government initiatives facilitating funding and reimbursement.
Others: Not detailed in source.

Regional Insights

Germany dominates with robust digital healthcare transformation efforts, including the Digital Health Act fostering telemedicine and health app adoption. France follows with initiatives like "Ma Santé 2022," emphasizing telemedicine access and strong reimbursement policies. The UK advances under the NHS Long Term Plan's digital integration strategies. Italy and Spain grow notably due to government investments in digital health. Collectively, these countries drive Europe's telehealth market growth by addressing aging populations, chronic disease management, and unequal healthcare access in rural regions.

Recent Developments & News

In November 2024, Doctorsa launched a global telehealth portal in the UK, connecting tourists with physicians within five minutes for urgent care needs.
In May 2024, NHS Cheshire and Merseyside collaborated with Health Innovation North West Coast to implement a versatile telehealth platform adaptable to current and future technologies.
November 2024 saw Hamburg-based TCC raise €20 million in Series A funding to enhance ICU support through AI, currently managing over 3,000 hospital beds globally.
In June 2024, Masimo initiated the SESHAT telehealth project in Spain, enabling near real-time remote physiological monitoring using wearable technologies.
In March 2024, the WHO/Europe introduced the Telehealth Quality of Care Tool (TQoCT), a framework to evaluate telehealth care quality and promote best practices.

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Key Players

Rudolf Riester GmbH
Doctorsa
NHS Cheshire and Merseyside
Health Innovation North West Coast
TCC
Masimo

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