Global Telehealth & Telemedicine Market Size study & Forecast, by Component, by Mode of Delivery, by Application, by End Use and Regional Analysis, 2023-2030

Description

List of Tables

Global Telehealth & Telemedicine Market is valued at approximately USD 85.48 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 24% during the forecast period 2023-2030. Telehealth & Telemedicine encompass a variety of health-related services and activities delivered remotely through telecommunication technologies. It includes clinical services and non-clinical activities such as education, administrative meetings, and training for healthcare professionals. The Telehealth & Telemedicine Market is expanding because of factors such as the increasing adoption of digital health and the growing geriatric population. As a result, the demand for Telehealth & Telemedicine has progressively increased in the international market during the forecast period 2023-2030.

Digital health technologies, such as mobile apps and online platforms, have expanded the reach of telehealth and telemedicine services. Patients can now access healthcare remotely, breaking down geographical barriers and providing services to individuals in rural or underserved areas. According to Statista, the revenue in the Digital Health Market is projected to reach up to USD 193.70 billion by the year end 2024. Furthermore, the Mobile Health Market was estimated to reach USD 190 billion by the year 2025. Another important factor that drives the Telehealth & Telemedicine Market is the increasing geriatric population. The elderly population often deals with chronic health conditions that require ongoing management. Telehealth facilitates remote monitoring of vital signs, medication adherence, and lifestyle factors, empowering healthcare providers to manage chronic diseases effectively. In addition, the World Health Organization indicates that the global population aged 60 and above is expected to double to around 2.1 billion by 2050. Moreover, those aged 80 and beyond are anticipated to triple between 2020 and 2050, reaching a staggering 426 million. Moreover, increasing demand for radiological due to heart-related problems and growing advanced diagnostic laboratories are anticipated to create lucrative growth opportunities for the market over the forecast period. However, variations in regulations and high costs associated with telehealth & telemedicine are going to impede overall market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Telehealth & Telemedicine Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the significant investments in healthcare information technology, combined with widespread internet and smartphone usage, indicating a robust commitment to advancing digital healthcare infrastructure in the region. The region's dominant performance is anticipated to propel the overall demand for Telehealth & Telemedicine. Furthermore, Asia Pacific is expected to grow fastest over the forecast period, owing to factors such as the increasing geriatric population in the region. Telehealth and telemedicine bridge the accessibility gap for elderly individuals, especially those residing in remote or rural areas. Virtual consultations enable seniors to connect with healthcare professionals without the need for extensive travel, making healthcare more accessible.

Major market player included in this report are:

Medtronic plc
Allscripts Healthcare Solutions Inc
GE Healthcare
Siemens Healthineers AG
Cerner Corporation
BioTelemetry Inc
Koninklijke Philips N.V.
Teladoc Health, Inc.
Medvivo Group Ltd.
Boston Scientific Cardiac Diagnostics Inc

Recent Developments in the Market:

In October 2022, the Medical University of South Carolina health system and Siemens Healthiness strengthened their strategic partnership, furthering their commitment to enhancing healthcare quality in South Carolina. MUSC has initiated the statewide integration of Siemens Healthineers' syngo Virtual Cockpit remote scanning assistance software. This innovative software is crafted to support scan procedures for patients remotely, eliminating the necessity for extensive travel to receive healthcare services. MUSC Health proudly leads as the first institution in the state to adopt this cutting-edge technology.

Global Telehealth & Telemedicine Market Report Scope:

Historical Data - 2020 - 2021
Base Year for Estimation - 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Component, Mode of Delivery, Application, End Use, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component:

Software & Services
Hardware

By Mode of Delivery:

Cloud-based
On-premise

By Application:

Teleconsultation
TeleICU
Telestroke
Teleradiology
Telepsychiatry
Teledermatology
Other Applications

By End Use:

Providers
Patients
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Telehealth & Telemedicine Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Telehealth & Telemedicine Market, by Component, 2020-2030 (USD Billion)
- 1.2.3. Telehealth & Telemedicine Market, by Mode of Delivery, 2020-2030 (USD Billion)
- 1.2.4. Telehealth & Telemedicine Market, by Application, 2020-2030 (USD Billion)
- 1.2.5. Telehealth & Telemedicine Market, by End Use, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Telehealth & Telemedicine Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Telehealth & Telemedicine Market Dynamics

3.1. Telehealth & Telemedicine Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing Adoption of Digital Health
  - 3.1.1.2. Growing geriatric population
- 3.1.2. Market Challenges
  - 3.1.2.1. Variations in Regulations
  - 3.1.2.2. High cost associated with Telehealth & Telemedicine
- 3.1.3. Market Opportunities
  - 3.1.3.1. Increasing demand for radiological due to heart-related problems
  - 3.1.3.2. Growing advanced diagnostic laboratories

Chapter 4. Global Telehealth & Telemedicine Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Telehealth & Telemedicine Market, by Component

5.1. Market Snapshot
5.2. Global Telehealth & Telemedicine Market by Component, Performance - Potential Analysis
5.3. Global Telehealth & Telemedicine Market Estimates & Forecasts by Component 2020-2030 (USD Billion)
5.4. Telehealth & Telemedicine Market, Sub Segment Analysis
- 5.4.1. Software & Services
- 5.4.2. Hardware

Chapter 6. Global Telehealth & Telemedicine Market, by Mode of Delivery

6.1. Market Snapshot
6.2. Global Telehealth & Telemedicine Market by Mode of Delivery, Performance - Potential Analysis
6.3. Global Telehealth & Telemedicine Market Estimates & Forecasts by Mode of Delivery 2020-2030 (USD Billion)
6.4. Telehealth & Telemedicine Market, Sub Segment Analysis
- 6.4.1. Cloud-based
- 6.4.2. On-premise

Chapter 7. Global Telehealth & Telemedicine Market, by Application

7.1. Market Snapshot
7.2. Global Telehealth & Telemedicine Market by Application, Performance - Potential Analysis
7.3. Global Telehealth & Telemedicine Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
7.4. Telehealth & Telemedicine Market, Sub Segment Analysis
- 7.4.1. Teleconsultation
- 7.4.2. TeleICU
- 7.4.3. Telestroke
- 7.4.4. Teleradiology
- 7.4.5. Telepsychiatry
- 7.4.6. Teledermatology
- 7.4.7. Other Applications

Chapter 8. Global Telehealth & Telemedicine Market, by End Use

8.1. Market Snapshot
8.2. Global Telehealth & Telemedicine Market by End Use, Performance - Potential Analysis
8.3. Global Telehealth & Telemedicine Market Estimates & Forecasts by End Use 2020-2030 (USD Billion)
8.4. Telehealth & Telemedicine Market, Sub Segment Analysis
- 8.4.1. Providers
- 8.4.2. Patients
- 8.4.3. Others

Chapter 9. Global Telehealth & Telemedicine Market, Regional Analysis

9.1. Top Leading Countries
9.2. Top Emerging Countries
9.3. Telehealth & Telemedicine Market, Regional Market Snapshot
9.4. North America Telehealth & Telemedicine Market
- 9.4.1. U.S. Telehealth & Telemedicine Market
  - 9.4.1.1. Component breakdown estimates & forecasts, 2020-2030
  - 9.4.1.2. Mode of Delivery breakdown estimates & forecasts, 2020-2030
  - 9.4.1.3. Application breakdown estimates & forecasts, 2020-2030
  - 9.4.1.4. End Use breakdown estimates & forecasts, 2020-2030
- 9.4.2. Canada Telehealth & Telemedicine Market
9.5. Europe Telehealth & Telemedicine Market Snapshot
- 9.5.1. U.K. Telehealth & Telemedicine Market
- 9.5.2. Germany Telehealth & Telemedicine Market
- 9.5.3. France Telehealth & Telemedicine Market
- 9.5.4. Spain Telehealth & Telemedicine Market
- 9.5.5. Italy Telehealth & Telemedicine Market
- 9.5.6. Rest of Europe Telehealth & Telemedicine Market
9.6. Asia-Pacific Telehealth & Telemedicine Market Snapshot
- 9.6.1. China Telehealth & Telemedicine Market
- 9.6.2. India Telehealth & Telemedicine Market
- 9.6.3. Japan Telehealth & Telemedicine Market
- 9.6.4. Australia Telehealth & Telemedicine Market
- 9.6.5. South Korea Telehealth & Telemedicine Market
- 9.6.6. Rest of Asia Pacific Telehealth & Telemedicine Market
9.7. Latin America Telehealth & Telemedicine Market Snapshot
- 9.7.1. Brazil Telehealth & Telemedicine Market
- 9.7.2. Mexico Telehealth & Telemedicine Market
9.8. Middle East & Africa Telehealth & Telemedicine Market
- 9.8.1. Saudi Arabia Telehealth & Telemedicine Market
- 9.8.2. South Africa Telehealth & Telemedicine Market
- 9.8.3. Rest of Middle East & Africa Telehealth & Telemedicine Market

Chapter 10. Competitive Intelligence

10.1. Key Company SWOT Analysis
- 10.1.1. Company 1
- 10.1.2. Company 2
- 10.1.3. Company 3
10.2. Top Market Strategies
10.3. Company Profiles
- 10.3.1. Medtronic plc
  - 10.3.1.1. Key Information
  - 10.3.1.2. Overview
  - 10.3.1.3. Financial (Subject to Data Availability)
  - 10.3.1.4. Product Summary
  - 10.3.1.5. Recent Developments
- 10.3.2. Allscripts Healthcare Solutions Inc
- 10.3.3. GE Healthcare
- 10.3.4. Siemens Healthineers AG
- 10.3.5. Cerner Corporation
- 10.3.6. BioTelemetry Inc
- 10.3.7. Koninklijke Philips N.V.
- 10.3.8. Teladoc Health, Inc.
- 10.3.9. Medvivo Group Ltd.
- 10.3.10. Boston Scientific Cardiac Diagnostics Inc

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Telehealth & Telemedicine Market, report scope
TABLE 2. Global Telehealth & Telemedicine Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Telehealth & Telemedicine Market estimates & forecasts by Component 2020-2030 (USD Billion)
TABLE 4. Global Telehealth & Telemedicine Market estimates & forecasts by Mode of Delivery 2020-2030 (USD Billion)
TABLE 5. Global Telehealth & Telemedicine Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 6. Global Telehealth & Telemedicine Market estimates & forecasts by End Use 2020-2030 (USD Billion)
TABLE 7. Global Telehealth & Telemedicine Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Telehealth & Telemedicine Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Telehealth & Telemedicine Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Telehealth & Telemedicine Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Telehealth & Telemedicine Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Telehealth & Telemedicine Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Telehealth & Telemedicine Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Telehealth & Telemedicine Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Telehealth & Telemedicine Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. Global Telehealth & Telemedicine Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Telehealth & Telemedicine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 18. U.S. Telehealth & Telemedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. U.S. Telehealth & Telemedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. Canada Telehealth & Telemedicine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 21. Canada Telehealth & Telemedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. Canada Telehealth & Telemedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. UK Telehealth & Telemedicine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 24. UK Telehealth & Telemedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. UK Telehealth & Telemedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. Germany Telehealth & Telemedicine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 27. Germany Telehealth & Telemedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. Germany Telehealth & Telemedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. France Telehealth & Telemedicine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 30. France Telehealth & Telemedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. France Telehealth & Telemedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Italy Telehealth & Telemedicine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 33. Italy Telehealth & Telemedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Italy Telehealth & Telemedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Spain Telehealth & Telemedicine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 36. Spain Telehealth & Telemedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. Spain Telehealth & Telemedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. RoE Telehealth & Telemedicine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 39. RoE Telehealth & Telemedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. RoE Telehealth & Telemedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. China Telehealth & Telemedicine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 42. China Telehealth & Telemedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. China Telehealth & Telemedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. India Telehealth & Telemedicine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 45. India Telehealth & Telemedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. India Telehealth & Telemedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. Japan Telehealth & Telemedicine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 48. Japan Telehealth & Telemedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. Japan Telehealth & Telemedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. South Korea Telehealth & Telemedicine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 51. South Korea Telehealth & Telemedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. South Korea Telehealth & Telemedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. Australia Telehealth & Telemedicine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 54. Australia Telehealth & Telemedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. Australia Telehealth & Telemedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. RoAPAC Telehealth & Telemedicine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 57. RoAPAC Telehealth & Telemedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. RoAPAC Telehealth & Telemedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Brazil Telehealth & Telemedicine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 60. Brazil Telehealth & Telemedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Brazil Telehealth & Telemedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Mexico Telehealth & Telemedicine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 63. Mexico Telehealth & Telemedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. Mexico Telehealth & Telemedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. RoLA Telehealth & Telemedicine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 66. RoLA Telehealth & Telemedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. RoLA Telehealth & Telemedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. Saudi Arabia Telehealth & Telemedicine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 69. South Africa Telehealth & Telemedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. RoMEA Telehealth & Telemedicine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 71. List of secondary sources, used in the study of global Telehealth & Telemedicine Market
TABLE 72. List of primary sources, used in the study of global Telehealth & Telemedicine Market
TABLE 73. Years considered for the study
TABLE 74. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Telehealth & Telemedicine Market, research methodology
FIG 2. Global Telehealth & Telemedicine Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Telehealth & Telemedicine Market, key trends 2022
FIG 5. Global Telehealth & Telemedicine Market, growth prospects 2023-2030
FIG 6. Global Telehealth & Telemedicine Market, porters 5 force model
FIG 7. Global Telehealth & Telemedicine Market, pest analysis
FIG 8. Global Telehealth & Telemedicine Market, value chain analysis
FIG 9. Global Telehealth & Telemedicine Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Telehealth & Telemedicine Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Telehealth & Telemedicine Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Telehealth & Telemedicine Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Telehealth & Telemedicine Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Telehealth & Telemedicine Market, regional snapshot 2020 & 2030
FIG 15. North America Telehealth & Telemedicine Market 2020 & 2030 (USD Billion)
FIG 16. Europe Telehealth & Telemedicine Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Telehealth & Telemedicine Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Telehealth & Telemedicine Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Telehealth & Telemedicine Market 2020 & 2030 (USD Billion)