Canada Remote Healthcare Market Size & Outlook, 2021-2028

The remote healthcare market in Canada is expected to reach a projected revenue of US$ 1,809.1 million by 2028. A compound annual growth rate of 16.3% is expected of Canada remote healthcare market from 2022 to 2028.
Revenue, 2021 (US$M)
$627.5
Forecast, 2028 (US$M)
$1,809.1
CAGR, 2022 - 2028
16.3%
Report Coverage
Canada

Canada remote healthcare market highlights

  • The Canada remote healthcare market generated a revenue of USD 627.5 million in 2021 and is expected to reach USD 1,809.1 million by 2028.
  • The Canada market is expected to grow at a CAGR of 16.3% from 2022 to 2028.
  • In terms of segment, tele-icu was the largest revenue generating services in 2021.
  • Remote Patient Monitoring is the most lucrative services segment registering the fastest growth during the forecast period.


Remote healthcare market data book summary

Market revenue in 2021USD 627.5 million
Market revenue in 2028USD 1,809.1 million
Growth rate16.3% (CAGR from 2021 to 2028)
Largest segmentTele-icu
Fastest growing segmentRemote Patient Monitoring
Historical data2018 - 2020
Base year2021
Forecast period2022 - 2028
Quantitative unitsRevenue in USD million
Market segmentationRemote Patient Monitoring, Real Time Virtual Health, Tele-ICU
Key market players worldwideICU Medical Inc, BioTelemetry, Koninklijke Philips NV, Teladoc Health Inc, Medtronic PLC, InTouch Health, American Well Corp Ordinary Shares - Class A, Vivify Health, Airstrip Technologies


Other key industry trends

  • In terms of revenue, Canada accounted for 7.9% of the global remote healthcare market in 2021.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
  • In North America, U.S. remote healthcare market is projected to lead the regional market in terms of revenue in 2028.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 1,809.1 million by 2028.

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Remote Healthcare Market Companies

Name Profile # Employees HQ Website

Canada remote healthcare market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to remote healthcare market will help companies and investors design strategic landscapes.


Tele-icu was the largest segment with a revenue share of 45.23% in 2021. Horizon Databook has segmented the Canada remote healthcare market based on remote patient monitoring, real time virtual health, tele-icu covering the revenue growth of each sub-segment from 2018 to 2028.


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  • Our clientele includes a mix of remote healthcare market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada remote healthcare market , including forecasts for subscribers. This country databook contains high-level insights into Canada remote healthcare market from 2018 to 2028, including revenue numbers, major trends, and company profiles.

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Canada remote healthcare market size, by services, 2018-2028 (US$M)

Canada Remote Healthcare Market Outlook Share, 2021 & 2028 (US$M)

Canada remote healthcare market size, by services, 2018-2028 (US$M)

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