Global Telecare Market Size & Outlook, 2023-2030
Global telecare market, 2018-2030 (US$M)
Related Markets
Global telecare market highlights
- The global telecare market generated a revenue of USD 4,390.7 million in 2023 and is expected to reach USD 6,344.1 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.4% by 2030.
- In terms of segment, remote medication management accounted for a revenue of USD 2,213.7 million in 2023.
- Remote Medication Management is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 4,390.7 million |
| Market revenue in 2030 | USD 6,344.1 million |
| Growth rate | 5.4% (CAGR from 2023 to 2030) |
| Largest segment | Remote medication management |
| Fastest growing segment | Remote Medication Management |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Activity Monitoring, Remote Medication Management |
Other key industry trends
- In terms of revenue, the North America accounted for 48.9% of the global telecare market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 1,739.4 million by 2030.
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Telecare Market Scope
Telecare Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global telecare 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 telecare market will help companies and investors design strategic landscapes.
Remote medication management was the largest segment with a revenue share of 50.42% in 2023. Horizon Databook has segmented the Global telecare market based on activity monitoring, remote medication management covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Telecare Type Outlook (Revenue, USD Million, 2018-2030)
- Activity Monitoring
- Remote Medication Management
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Horizon Databook provides a detailed overview of global-level data and insights on the Global telecare market, including forecasts for subscribers. This global databook contains high-level insights into Global telecare market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global telecare market size, by regions, 2018-2030 (US$M)
Top 10 countries: Telecare market size, 2023 (US$M)
Global telecare market share, by type, 2023 & 2030 (%, US$M)
Telecare market: Opportunity assessment by country
Global telecare market, by region, 2023 (US$M)
Related regional statistics
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