Global Telehealth Market Size & Outlook, 2023-2030
Global telehealth market, 2018-2030 (US$M)
Related Markets
Global telehealth market highlights
- The global telehealth market generated a revenue of USD 101,152.4 million in 2023 and is expected to reach USD 455,265.2 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 24% by 2030.
- In terms of segment, services accounted for a revenue of USD 47,698.6 million in 2023.
- Software is the most lucrative product 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, Belgium is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 101,152.4 million |
| Market revenue in 2030 | USD 455,265.2 million |
| Growth rate | 24% (CAGR from 2023 to 2030) |
| Largest segment | Services |
| Fastest growing segment | Software |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
Other key industry trends
- In terms of revenue, the North America accounted for 46.3% of the global telehealth market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Belgium is the fastest growing regional market and is projected to reach USD 1,757.1 million by 2030.
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Telehealth Market Scope
Telehealth Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global telehealth 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 telehealth market will help companies and investors design strategic landscapes.
Services was the largest segment with a revenue share of 47.16% in 2023. Horizon Databook has segmented the Global telehealth market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Telehealth Product Outlook (Revenue, USD Million, 2018-2030)
- Hardware
- Monitors
- Medical Peripheral Devices
- Blood Pressure Meters
- Blood Glucose Meters
- Weighing Scales
- Pulse Oximeters
- Peak Flow Meters
- ECG Monitors
- Others
- Software
- Standalone Software
- Integrated Software
- Services
- Remote Patient Monitoring
- Real-Time Interactions
- Store and Forward
- Other Services
- Hardware
- Global Telehealth Delivery Mode Outlook (Revenue, USD Million, 2018-2030)
- On-Premises
- Web-Based
- Cloud-Based
- Global Telehealth End Use Outlook (Revenue, USD Million, 2018-2030)
- Payers
- Providers
- Patients
- Global Telehealth Disease Area Outlook (Revenue, USD Million, 2018-2030)
- Psychiatry
- Substance Use
- Radiology
- Endocrinology
- Dermatology
- Gastroenterology
- Neurological Medicine
- ENT
- Cardiology
- Oncology
- Dental
- Gynecology
- General Medicine
- Others
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Target buyers of Global telehealth market databook
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Our clientele includes a mix of telehealth market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global telehealth market , including forecasts for subscribers. This global databook contains high-level insights into Global telehealth market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global telehealth market size, by regions, 2018-2030 (US$M)
Top 10 countries: Telehealth market size, 2023 (US$M)
Global telehealth market share, by product, 2023 & 2030 (%, US$M)
Telehealth market: Opportunity assessment by country
Global telehealth market, by region, 2023 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 13,529.1 | 15,406.5 | 24,343.1 | 30,832.0 | 39,354.2 | 46,813.5 | 56,055.1 | 67,580.7 | 82,052.9 | 100,353.9 | 123,665.9 | 153,585.5 | 192,286.0 | 22.4% |
| Europe | 4,432.0 | 5,051.5 | 7,954.3 | 10,020.3 | 12,876.3 | 15,049.6 | 17,707.1 | 20,978.8 | 25,034.7 | 30,100.0 | 36,474.6 | 44,561.6 | 54,908.2 | 20.3% |
| Asia Pacific | 5,531.1 | 6,994.9 | 12,323.9 | 17,803.2 | 24,025.4 | 30,508.6 | 38,781.1 | 49,347.6 | 62,857.6 | 80,148.9 | 102,302.6 | 130,715.0 | 167,192.3 | 27.5% |
| Latin America | 1,418.3 | 1,640.3 | 2,515.8 | 3,390.4 | 4,115.2 | 5,050.6 | 6,214.9 | 7,667.8 | 9,485.7 | 11,766.4 | 14,635.3 | 18,254.0 | 22,831.0 | 24.1% |
| MEA | 1,156.1 | 1,336.5 | 1,905.9 | 2,544.4 | 3,121.3 | 3,730.2 | 4,505.3 | 5,502.6 | 6,800.0 | 8,507.3 | 10,781.7 | 13,850.6 | 18,047.8 | 25.3% |
| Overall | 26,066.6 | 30,429.8 | 49,043.0 | 64,590.2 | 83,492.4 | 101,152.4 | 123,263.5 | 151,077.4 | 186,230.9 | 230,876.5 | 287,860.0 | 360,966.7 | 455,265.2 | 24.0% |
Related regional statistics
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