Telehealth is the use of telecommunications technology to provide healthcare services to patients remotely. Telehealth includes a range of technology-based services, including videoconferencing, remote monitoring, and mobile health apps. Telehealth allows patients to access medical care from the comfort of their own homes, avoiding the need to travel to a healthcare facility. The advantages of telehealth include convenience, accessibility, and reduced costs. Patients can schedule appointments more easily and avoid the need to take time off work or arrange for transportation to and from a medical facility. Telehealth can also reduce healthcare costs by reducing the need for hospitalizations, emergency room visits, and other expensive medical procedures. According to the latest estimates, the global telehealth market is set to achieve an incremental growth of USD 244.5 billion, accelerating at a CAGR of almost 23.55% during the forecast period 2023-2029.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global telehealth market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the component, type, delivery mode, end user, and region. The global market for telehealth can be segmented by component: hardware, services, software. The services segment held the largest share of the global telehealth market in 2022 and is anticipated to hold its share during the forecast period. Telehealth market is further segmented by type: mHealth, personal emergency response system (PERS), remote patient monitoring (RPM), virtual visits. Globally, the mHealth segment made up the largest share of the telehealth market. Based on delivery mode, the telehealth market is segmented into: cloud-based, on-premises, web-based. The web-based segment was the largest contributor to the global telehealth market in 2022. On the basis of end user, the telehealth market also can be divided into: patients, payers, providers. The providers segment is estimated to account for the largest share of the global telehealth market. Telehealth market by region is categorized into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. North America held the largest share of the global telehealth market in 2022 and is anticipated to hold its share during the forecast period.

Market Segmentation
By component: hardware, services, software
By type: mHealth, personal emergency response system (PERS), remote patient monitoring (RPM), virtual visits
By delivery mode: cloud-based, on-premises, web-based
By end user: patients, payers, providers
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America

The report also provides a detailed analysis of several leading telehealth market vendors that include Abbott Laboratories, AMD Global Telemedicine, Inc., American Well Corporation, AT&T Inc., Boston Scientific Corporation, Cerner Corporation, ClearArch, Inc., Doctor On Demand by Included Health, Inc., Evernorth Health, Inc. (MDLIVE Medical Group), GE Healthcare, GlobalMedia Group, LLC, Koninklijke Philips NV, Medtronic plc, Siemens Healthineers AG, Teladoc Health, Inc., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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Scope of the Report
• To analyze and forecast the market size of the global telehealth market.
• To classify and forecast the global telehealth market based on component, type, delivery mode, end user, region.
• To identify drivers and challenges for the global telehealth market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global telehealth market.
• To identify and analyze the profile of leading players operating in the global telehealth market.

Why Choose This Report
• Gain a reliable outlook of the global telehealth market forecasts from 2023 to 2029 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.