United States Telehealth & Remote Patient Monitoring Market to Hit $584B by 2033 | AI, Wearables & Chronic Care Drive Growth

Leander, Texas and Paris, France - Jan 9, 2026
According to DataM Intelligence, the global Telehealth and Remote Patient Monitoring Market reached US$ 192.84 Billion in 2024 and is expected to reach US$ 584.25 Billion by 2033, growing at a CAGR of 13.2% during the forecast period 2025 to 2033. This robust growth is propelled by technological advancements, increasing prevalence of chronic diseases, rising demand for home-based and remote care solutions, accelerated adoption post-COVID-19, expanding reimbursement policies, integration of AI and wearable devices for real-time monitoring, growing geriatric population, and investments in digital health infrastructure across developed and emerging markets.

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United States Recent Developments:
✅ Smart Meter launched the healthcare industry's first commercial e-commerce shopping experience for cellular RPM products and services, enhancing accessibility for over 500 healthcare customers and enabling immediate patient monitoring.
✅ Validic introduced a patent-pending generative AI-powered digital RPM assistant within its EHR-integrated Impact platform, providing trend analysis and summaries to improve provider insights into patient health data.
✅ Pfizer launched PfizerForAll, a direct-to-consumer telehealth platform integrating virtual consultations, prescription services, and vaccination scheduling for conditions like migraine, COVID-19, and flu.

Europe Recent Developments:
✅ Philips Healthcare expanded AI-integrated remote monitoring solutions compliant with EU regulations, focusing on chronic disease management in countries like the Netherlands and the UK.
✅ Medtronic rolled out advanced wearable RPM devices with enhanced connectivity for cardiovascular and diabetes monitoring, supported by EMA guidelines and partnerships in Germany and France.
✅ Various providers enhanced cloud-based telehealth platforms across Scandinavia and Italy, aligning with EU digital health initiatives for improved cross-border care.

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Competitive Landscape
Competition in the telehealth and remote patient monitoring market is centered on virtual care platforms, AI-driven analytics, wearable integration, chronic disease management tools, and partnerships with providers and payers across global markets:
1. Teladoc Health, Inc. leads with comprehensive virtual care solutions and integrated chronic condition management platforms, widely adopted in hospitals and health systems.
2. Amwell (American Well Corporation) drives the market with hybrid care models combining telehealth and in-person services, strong provider networks, and EHR integrations.
3. Philips Healthcare excels in connected health ecosystems combining remote monitoring devices, AI analytics, and cloud platforms for patient engagement.
4. GE HealthCare focuses on diagnostic imaging integration with telehealth and RPM for acute and post-acute care.
5. Medtronic specializes in device-centric RPM for cardiac and diabetes management, enabling real-time data transmission and alerts.
6. Siemens Healthineers provides advanced imaging and diagnostics support in virtual care workflows.
7. Cerner Corporation (Oracle Health) offers robust EHR-integrated telehealth solutions for seamless data flow.
8. MDLIVE, Inc. emphasizes on-demand virtual visits and behavioral health services.
9. Doctor on Demand delivers consumer-focused telehealth with primary and mental health consultations.
10. GlobalMed supports specialized telehealth stations and software for remote diagnostics.

✦ Emerging / Upcoming Players - Fastest Growing Segment
New contenders are gaining traction through AI-enhanced platforms, wearable integrations, and home-based monitoring solutions:
11. Validic (U.S.) - Expanding with generative AI tools for RPM data analysis in clinical workflows.
12. Smart Meter (U.S.) - Strong adoption via cellular-connected devices and e-commerce platforms in North America.
13. Prevounce Health (U.S.) - Developing connected glucose monitors for remote chronic care management.
14. Other innovators - Supplying AI-driven analytics and integrated dispensers across global markets.

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Segmentation Analysis
By Component
• Software represents the largest segment with significant revenue share, projected to grow rapidly, valued for interoperable platforms enabling virtual consultations, data integration, AI analytics, and scalability in digital health delivery. Hardware and Services show steady growth, preferred for connected devices and professional support in monitoring workflows.
By Application
• Chronic Disease Management commands the largest share, driven by ongoing monitoring needs for conditions like diabetes and cardiovascular diseases, reducing hospitalizations and improving outcomes. Other applications include Post-Acute Care, Preventive Care, and Behavioral Health with robust growth in outpatient and mental health settings.
By End-User
• Providers (Hospitals & Clinics) lead the market, driven by integration into clinical workflows, regulatory support, and demand for efficient care delivery. Payers and Patients show accelerated growth with home-based and insurance-driven adoption.

Regional Analysis:
» North America holds the largest market share with approximately 42.3% revenue share in 2024, driven by favorable CMS reimbursement policies, advanced digital infrastructure, high chronic disease prevalence, and substantial investments across the United States and Canada.
» Asia-Pacific emerges as the fastest-growing region, fueled by smartphone penetration, government digital health initiatives in China and India, rising healthcare access needs, and infrastructure expansions in Southeast Asia.

Market Trends & Drivers
The Telehealth and Remote Patient Monitoring Market is experiencing robust growth driven by chronic disease prevalence, aging populations, cost pressures on healthcare systems, technological innovations in AI and wearables, regulatory expansions for reimbursement, and shift toward value-based care. Key trends include predictive analytics for early interventions, integration of generative AI for data insights, expansion of wearable and cellular-connected devices, growth of hybrid care models, and increasing focus on mental health and preventive remote monitoring. The epidemiological shifts, digital transformation, and accessibility requirements are significantly contributing to market growth.

Contact Us:
Sai Kiran
DataM Intelligence 4market Research LLP
Phone: +1 877-441-4866
Email: Sai.k@datamintelligence.com

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This release was published on openPR.