U.S. Telecare Market Size & Outlook, 2023-2030
U.S. telecare market, 2018-2030 (US$M)
Related Markets
U.S. telecare market highlights
- The U.S. telecare market generated a revenue of USD 1,504.4 million in 2023 and is expected to reach USD 1,739.4 million by 2030.
- The U.S. market is expected to grow at a CAGR of 2.1% from 2024 to 2030.
- In terms of segment, activity monitoring was the largest revenue generating type in 2023.
- Remote Medication Management is the most lucrative type segment registering the fastest growth during the forecast period.
Telecare market data book summary
| Market revenue in 2023 | USD 1,504.4 million |
| Market revenue in 2030 | USD 1,739.4 million |
| Growth rate | 2.1% (CAGR from 2023 to 2030) |
| Largest segment | Activity monitoring |
| Fastest growing segment | Remote Medication Management |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Activity Monitoring, Remote Medication Management |
| Key market players worldwide | Teladoc Health Inc, Abbott Laboratories, Johnson & Johnson, AstraZeneca PLC, Roche Holding AG ADR, Novartis AG ADR, Bristol-Myers Squibb Co, GlaxoSmithKline, Merck & Co Inc, Pfizer Inc, Sanofi SA, Samsung Electronics Co Ltd, Qualcomm Inc, Orange SA, Alphabet Inc Class A, Airstrip Technologies, AT&T, Apple Inc, Allscripts Healthcare |
Other key industry trends
- In terms of revenue, U.S. accounted for 34.3% of the global telecare market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. telecare market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 1,016.6 million by 2030.
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Telecare Market Scope
Telecare Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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.
Activity monitoring was the largest segment with a revenue share of 50.21% in 2023. Horizon Databook has segmented the U.S. telecare market based on activity monitoring, remote medication management covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of telecare 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 U.S. telecare market, including forecasts for subscribers. This country databook contains high-level insights into U.S. telecare market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. telecare market size, by type, 2018-2030 (US$M)
U.S. Telecare Market Share, 2023 & 2030 (US$M)
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