Virtual Health Service Market, By Service Type, By Mode of Delivery, By End User, By Specialty/Use Case, By Geography

Description

Global virtual health service market size is projected to reach US$ 78.84 Bn by 2030 from an estimated US$ 11.11 Bn in 2023, exhibiting a CAGR of 32.3%.

Report Coverage		Report Details
Base Year:	2022	Market Size in 2023:	US$ 11.11 Bn
Historical Data for:	2018 to 2021	Forecast Period:	2023 - 2030
Forecast Period 2023 to 2030 CAGR:	32.30%	2030 Value Projection:	US$ 78.84 Bn

Figure 1. Global Virtual Health Service Market Share (%), By Region, 2023

Virtual health is the use of software and digital tools by healthcare providers to enhance the quality of patient care. These tools can be accessed via laptops, desktop computers, tablets, cellphones, and other digital devices. It also acts as a link between doctors and patients, wherever they may be in the world. Instead of physically seeing the doctor, patients can video-chat with a doctor or specialist. You now know everything there is to know about the virtual health element.

Market Dynamics:

Increasing demand for convenient and accessible healthcare services, technological advancements in telemedicine and virtual health platforms & rising healthcare costs and the need for more efficient healthcare delivery are major factors that can drive the global virtual health service market growth during the forecast period.

According to the American Medical Association's (AMA) 2021 Telehealth Survey report, nearly 85% of physician respondents used telehealth to provide care to patients, and nearly 70% stated their organization motivated to continue using telehealth in their practice. Many doctors uses telehealth to handle chronic diseases, and for continuous medical management, care coordination, mental/behavioral health, and specialist care. According to the same poll, 95% of physicians reportd that their patients are primarily located at home during the virtual appointment. Allowing patients to remain in their own homes is an important part of making telehealth more accessible.

However, limited access to technology and internet infrastructure in some regions, privacy and security concerns related to sensitive health data & regulatory challenges are expected to hamper the growth of the global virtual health service market over the forecast period.

Key features of the study:

This report provides in-depth analysis of the global virtual health service market, and provides market size (US$ Bn) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global virtual health service market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study include Teladoc Health, Amwell, Doctor on Demand, MDLive, 98point6, Babylon Health, eVisit, HealthTap, American Well (now known as Amwell), and Livongo (acquired by Teladoc Health)
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
Global virtual health service market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global virtual health service market

Virtual Health Service Market Detailed Segmentation:

By Service Type:
- Telemedicine
- Remote Monitoring
- Digital Health Platforms
- mHealth Apps
By Mode of Delivery:
- Web-Based
- App-Based
- Phone-Based
By End User:
- Patients
- Healthcare Providers
- Payers
- Employers
- Others
By Specialty/Use Case:
- General Medicine
- Mental Health
- Dermatology
- Chronic Condition Management
- Remote Surgery Assistance
- Nutrition and Fitness
- Women's Health
- Pediatrics
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
Company Profiles:
- Teladoc Health
- Amwell
- Doctor on Demand
- MDLive
- 98point6
- Babylon Health
- eVisit
- HealthTap
- American Well (now known as Amwell)
- Livongo (acquired by Teladoc Health)

Product Code: CMI6130

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Service Type
- Market Snippet, By Mode of Delivery
- Market Snippet, By End User
- Market Snippet, By Specialty/Use Case
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Increasing demand for convenient and accessible healthcare services
- Limited access to technology and internet infrastructure in some regions
- Privacy and security concerns related to sensitive health data
- Technological advancements in telemedicine and virtual health platforms
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launch/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Global Virtual Health Service Market - Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Global Virtual Health Service Market, By Service Type, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
Telemedicine
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Remote Monitoring
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Digital Health Platforms
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
mHealth Apps
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)

6. Global Virtual Health Service Market, By Mode of Delivery, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
Web-Based
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
App-Based
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Phone-Based
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)

7. Global Virtual Health Service Market, By End User, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
Patients
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Healthcare Providers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Payers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Employers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)

8. Global Virtual Health Service Market, By Specialty/Use Case, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
General Medicine
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Mental Health
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Dermatology
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Chronic Condition Management
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Remote Surgery Assistance
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Nutrition and Fitness
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Women's Health
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Pediatrics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)

9. Global Virtual Health Service Market, By Region, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Service Type, 2018-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Mode of Delivery, 2018-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Specialty/Use Case, 2018-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Bn)
U.S.
Canada
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Service Type, 2018-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Mode of Delivery, 2018-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Specialty/Use Case, 2018-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Bn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Service Type, 2018-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Mode of Delivery, 2018-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Specialty/Use Case, 2018-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Bn)
India
China
Japan
Australia
ASEAN
South Korea
Rest of Asia Pacific
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Service Type, 2018-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Mode of Delivery, 2018-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Specialty/Use Case, 2018-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Service Type, 2018-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Mode of Delivery, 2018-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Specialty/Use Case, 2018-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Bn)
GCC
Israel
Rest of Middle East
Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Service Type, 2018-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Mode of Delivery, 2018-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Specialty/Use Case, 2018-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2018-2030, (US$ Bn)
North Africa
Central Africa
South Africa

10. Competitive Landscape

Teladoc Health
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Amwell
Doctor on Demand
MDLive
98point6
Babylon Health
eVisit
HealthTap
American Well (now known as Amwell)
Livongo (acquired by Teladoc Health)
Analyst Views

11. Section

Research Methodology
About us