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How Is the Growing Demand for Remote Patient Monitoring Driving Growth in the Telehealth Market?

11-26-2025 11:32 AM CET | Health & Medicine

Press release from: IMARC Group

Telehealth Market Report by Component, Communication Technology, Hosting Type, Application, End-User, and Region

Telehealth Market Report by Component, Communication Technology, Hosting Type, Application, End-User, and Region

Market Overview

The global telehealth market size was valued at USD 22.8 Billion in 2024 and is projected to reach USD 107.9 Billion by 2033. It is anticipated to grow at a CAGR of 18.9% during the forecast period of 2025-2033. This growth is driven by factors such as increasing geriatric population, advancements in communication technologies, improved healthcare accessibility, and rising demand for remote patient monitoring.

Study Assumption Years
• Base Year: 2024
• Historical Year/Period: 2019-2024
• Forecast Year/Period: 2025-2033

Market Key Takeaways
• Current Market Size: USD 22.8 Billion in 2024
• CAGR: 18.9% (2025-2033)
• Forecast Period: 2025-2033
• The market is experiencing robust growth due to improvements in communication technology and increased use of mHealth applications.
• Growing incidences of chronic diseases and the need for continuous monitoring are driving demand.
• North America dominates the market due to its advanced healthcare infrastructure and high technology adoption.
• Regulatory and privacy concerns pose challenges but also create opportunities in underserved regions.
• The shift towards patient-centric care is enhancing telehealth adoption by increasing accessibility and personalized services.

Request for a Free Sample Report: https://www.imarcgroup.com/telehealth-market/requestsample

Market Growth Factors

The telehealth market is growing, partly due to the increase in the monitoring of patients with chronic conditions; the World Health Organization estimates that one in every six people will be over the age of 60 by 2030. This number will double by 2050, reaching 2.1 billion worldwide. Telemonitoring or remote monitoring for early interventions reduces hospital visits and improves the quality of life, reducing burdens on healthcare systems for the elderly.

Technology is another driver. Improved speed and coverage for the internet and mobile networks, wearables, and cloud computing support the sharing of health data, virtual consultations and real-time monitoring of health outcomes. Telehealth services feature artificial intelligence with machine learning to improve the quality of diagnosis and care.

The wish to focus more on patients also helps. For example, telehealth allows patients to receive care from home. Mobile health app data can be used to inform more individualized care and to update plans for care on a live basis. Companies such as Phillips and Teladoc Health have created products to improve acute telehealth care and chronic disease management in response to greater demand for efficient healthcare.

Market Segmentation

Component:
• Software: Telehealth software includes platforms and applications facilitating virtual healthcare services.
• Hardware: Includes devices and equipment required to deliver telehealth services.
• Services: Encompasses advisory, implementation, management, technical support, coaching, and training necessary for effective telehealth operation. Services currently hold the largest market share, highlighting their importance in deployment and compliance.

Communication Technology:
• Video Conferencing: Platforms enabling face-to-face remote consultations.
• mHealth Solutions: Utilizes smartphones, tablets, and wireless devices for immediate health monitoring and data handling, leading the market segment.
• Others: Additional communication technologies involved in telehealth services.

Hosting Type:
• Cloud-Based and Web-Based: Provides scalable, cost-efficient access to telehealth platforms globally, currently the dominant hosting type.
• On-Premises: Telehealth solutions installed and managed within healthcare providers' local infrastructure.

Application:
• Teleconsultation and Telementoring: Remote expert consultations and guidance.
• Medical Education and Training: Virtual learning and training programs for healthcare professionals.
• Teleradiology: Remote transmission and diagnosis of radiological images, the largest application segment.
• Telecardiology: Remote cardiac monitoring and consultation.
• Tele-ICU: Intensive care services provided remotely.
• Tele-Psychiatry: Psychiatric services delivered via telehealth.
• Tele-Dermatology: Skin-related medical services remotely offered.
• Others: Additional telehealth applications.

End-User:
• Providers: Hospitals, clinics, and private practices extensively using telehealth, holding the largest end-user market share.
• Patients: Individuals receiving healthcare services remotely.
• Payers: Insurance companies and other entities financing telehealth services.
• Others: Additional stakeholders in telehealth.

Region:

North America
• United States
• Canada

Asia Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others

Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Others

Latin America
• Brazil
• Mexico
• Others

Middle East and Africa

Regional Insights

Favorable healthcare infrastructure, greater technology penetration, and supportive government regulations cause North America to dominate the global telehealth and telemedicine market. Furthermore, the rising geriatric population within is estimated to reach 80.8 million people aged 65 years and older by 2040, is anticipated to drive the market. Chronic disease prevails to a high degree, and these demographic trends combine to make North America the largest telehealth market.

Recent Developments & News

September 2021: Medtronic Inc. partnered with Statis Labs Inc to expand access to the Stasis Monitor, a connected care multi-parameter monitoring system in India.

February 2022: Teladoc Health Inc. launched Chronic Care Complete, providing connected devices and personal health coaches for diabetes, prediabetes, and hypertension management.

March 2023: Philips Healthcare introduced Virtual Care Management, a telehealth solution aimed at enhancing patient engagement, health outcomes, and cost savings through chronic condition management.

Key Players
• Aerotel Medical Systems
• Allscripts Healthcare LLC
• AMD Global Telemedicine Inc.
• American Well Corporation
• Biotelemetry Inc.
• Cerner Corporation
• Cisco Systems Inc.
• GE Healthcare Inc. (General Electric)
• Honeywell Life Care Solutions
• Medtronic Inc.
• Philips Healthcare
• Teladoc Health Inc.

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

Ask Our Expert & Browse Full Report with TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=2175&flag=E

Contact Us
IMARC Group,
134 N 4th St. Brooklyn, NY 11249, USA,
Email: sales@imarcgroup.com,
Tel No: (D) +91 120 433 0800,
United States: +1-201971-6302

About Us
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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