The global telehealth market size is projected to reach USD 192 billion by 2026 at a CAGR of 38% from USD 39 billion in 2021 during the forecast period 2021-2028.
Telehealth delas with the usage of digital and communication technology in the healthcare. This tends to allow the user to access the facility of healthcare sitting at home. Some common uses of telehealth are remote doctor patient consultation better known as telemedicine, ECG, monitoring of vital signs and symptoms.
Shortage of physicians along with the supporting governmental policies and the technological advancements are some of the factors that have supported long-term expansion for Telehealth Market.
The COVID-19 pandemic is causing widespread concern and economic hardship for consumers, businesses, and communities across the globe. Greater opportunity has been offered to the sector owing to the pandemic conditions.
North America is expected to be the largest market during the forecast period. With the greater prevalence of chronic conditions and the need to reduce the expenditure on healthcare led to the expansion of market in the region.
Insights are provided for each region and major countries within the regions
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Report Feature |
Descriptions |
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Market Revenue In 2021 |
USD 39 billion |
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Growth Rate |
CAGR of 38% during the forecasting period, 2021-2028 |
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Historical Data |
2018-2019 |
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Forecast Years |
2021-2028 |
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Base Year |
2020 |
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Units Considered |
Revenue in USD million and CAGR from 2021 to 2028 |
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Report Segmentation |
Product, End User and geography |
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Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
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Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and Middle East and Africa |
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Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
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Companies Profiled |
Koninklijke Philips N.V. , Medtronic ,GE Healthcare . Other prominent players in this market include Cerner Corporation , Siemens Healthineers , Cisco Systems, Inc. , Teladoc Health Inc. , American Well , AMC Health , MDLive , Doctor on Demand , Medvivo Group Ltd , Asahi Kasie Corporation , Iron Bow Technologies , Telespecialists Llc , GlobalMed , MedWeb , IMediplus Inc. , Vsee , Chiron Health , Zipnosis |
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Available Customization |
In addition to the market data for Telehealth Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement. |
Telehealth Market is segmented into Product, End User and geography.
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