Global Telehealth Market By Product Overview
Introduction:
Telehealth Market was valued at US$ 105.5 billion in 2024 and is projected to grow at a CAGR of 23.7% to reach US$ 888.1 billion by 2034.
Telehealth is a technique of exchanging data from a patient to home to healthcare professionals for getting assistance in monitoring and diagnosing. Telehealth allows the healthcare practitioner to easily offer their services on consultation, care management, diagnosis, and self-management services using information and communication technologies (ICT). These services are being offered through various modes of delivery such as on-premise, web-based, and cloud-based. Telehealth has made it possible to provide better healthcare services by bridging the gap between doctors and patients.
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
Global Telehealth Market By Product Dynamics
Increase in the number of chronic diseases
The growing aging population, increase in the number of chronic diseases, and increasing demand for home monitoring devices are the significant driving factor for the growth of the Global Telehealth Market. Growing in technological advancements and enhancing demand for home monitoring solutions are likely to add new opportunities for this target market in the coming years. Moreover, it saves time and does not need to visit a hospital often otherwise like in the case of the cancer patient and heart patient. Constant monitoring is needed over a long period and it would not be possible for the patient and their colleges to maintain this consistency so considering all this it has become the new pathway to come over this following disadvantageous and to be diagnosed under their comfort zone. However, many peoples are unaware of this fantastic technology, and because of poor financial background consumers even do not get a chance to connect this remote world and just because of these following reasons the growth of the target market is hampered.
Global Telehealth Market By Product Segmentation
The telehealth market is segmented based on products, type, model, end-user and region. Based on the product, the global telehealth market is segmented into integrated and standalone. Based on the type, the target market is segmented into software, hardware, and services. Based on mode, the global market is segmented into on-premise, cloud-based and web-based. Based on end-user, the target market is segmented into patients, payers and healthcare providers.
Regional Insights:
Based on the region, the telehealth market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Currently, North America dominates the telehealth market in revenue terms due to the presence of advanced medical services and increasing government initiatives for creating awareness about telehealth in the region. In terms of CAGR, the market in the Asia Pacific is projected to have the fastest growth over the forecast period, owing to the growing demand for healthcare IT services in emerging economies in the region.
Report Scope:
|
Attribute |
Details |
|
Market Size 2024 |
US$ 105.5 billion |
|
Projected Market Size 2034 |
US$ 888.1 billion |
|
CAGR Growth Rate |
23.70% |
|
Base year for estimation |
2023 |
|
Forecast period |
2024 – 2034 |
|
Market representation |
Revenue in USD Billion & CAGR from 2024 to 2034 |
|
Market Segmentation |
By Product - Integrated and Standalone By Type - Software, Hardware, and Services By Mode - On-premise, Cloud-based and Web-based By End User - Patients, Payers, and Healthcare providers |
|
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
|
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Telehealth Market report based on product, Type, Mode, End-user and region.
Telehealth Market, By Product:
- Integrated
- Standalone
- Telehealth Market, By Type:
- Software
- Hardware
- Services
Telehealth Market, By Mode:
- On-premise
- Cloud-based
- Web-based
Telehealth Market, By End-User:
- Patients
- Payers
- Healthcare providers
Telehealth Market, By Region:
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
Global Telehealth Market By Product Key Players
The key players operating in the Telehealth market involves Medtronic, Cerner Corporation, Tunstall Healthcare, AMD Global Telemedicine, Inc., Philips Healthcare, Cisco Systems, Inc., Aerotel Medical Systems Ltd., Honeywell Life Care Solutions, Medvivo Group Ltd., and American Well. Prominent players operating in the target market are focusing on strategic partnerships as well as the launching of the products to gain a competitive edge in the target market.
Global Telehealth Market By Product Company Profile
- Medtronic, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Cerner Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Tunstall Healthcare
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- AMD Global Telemedicine
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Philips Healthcare
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Cisco System, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Aerotel Medical System Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Honeycare Life Well Solutions
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Medvivo Group Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- American among well others
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
Global Telehealth Market By Product Table of Contents
Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Industry Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for Telehealth Strategies
- Key Questions this Study will Answer
- Market Snippet, By Product
- Market Snippet, By Type
- Market Snippet, By Mode
- Market Snippet, By End User
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global Telehealth Market, By Products, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Integrated
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Standalone
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Telehealth Market, By Type, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Hardware
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Software
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Telehealth Market, By Mode, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- On-precise
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Web based
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Cloud based
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Telehealth Market, By End User, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Patients
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Payers
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Healthcare Providers
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Telehealth Market, By Region, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Products, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Mode, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Products, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Mode, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Products, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Mode, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Products, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Mode, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Products, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Mode, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
-
- Medtronic, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Cerner Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Tunstall Healthcare
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- AMD Global Telemedicine
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Philips Healthcare
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Cisco System, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Aerotel Medical System Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Honeycare Life Well Solutions
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Medvivo Group Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- American among well others
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Medtronic, Inc.
-
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
Telehealth market is segmented based on product, by types, mode, End-user, and region.
The growing aging population, increase in the number of chronic diseases, and increasing demand for home monitoring devices are the significant driving factor for the growth of the Telehealth Market.
North America is expected to lead the market and estimate for about 35% revenue share in 2020.
The key players operating the telehealth market involves Medtronic, Cerner Corporation, Tunstall Healthcare, AMD Global Telemedicine, Inc., Philips Healthcare, Cisco Systems, Inc., Aerotel Medical Systems Ltd., Honeywell Life Care Solutions, Medvivo Group Ltd., and American Well.