Belgium Telehealth Market Size & Outlook, 2023-2030

The telehealth market in Belgium is expected to reach a projected revenue of US$ 1,757.1 million by 2030. A compound annual growth rate of 18.8% is expected of Belgium telehealth market from 2024 to 2030.
Revenue, 2023 (US$M)
$526.7
Forecast, 2030 (US$M)
$1,757.1
CAGR, 2024 - 2030
18.8%
Report Coverage
Belgium

Belgium telehealth market highlights

  • The Belgium telehealth market generated a revenue of USD 526.7 million in 2023 and is expected to reach USD 1,757.1 million by 2030.
  • The Belgium market is expected to grow at a CAGR of 18.8% from 2024 to 2030.
  • In terms of segment, services was the largest revenue generating product in 2023.
  • Software is the most lucrative product segment registering the fastest growth during the forecast period.


Telehealth market data book summary

Market revenue in 2023USD 526.7 million
Market revenue in 2030USD 1,757.1 million
Growth rate18.8% (CAGR from 2023 to 2030)
Largest segmentServices
Fastest growing segmentSoftware
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHardware, Software, Services
Key market players worldwideKoninklijke Philips NV, GE HealthCare Technologies Inc Common Stock, Oracle Corp, Siemens Healthineers AG ADR, Medtronic PLC, Teladoc Health Inc, American Well Corp Ordinary Shares - Class A, Evernorth, Doctor On Demand, Global Med Technologies


Other key industry trends

  • In terms of revenue, Belgium accounted for 0.5% of the global telehealth market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Europe, Germany telehealth market is projected to lead the regional market in terms of revenue in 2030.
  • Italy is the fastest growing regional market in Europe and is projected to reach USD 6,859.1 million by 2030.

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Telehealth Market Companies

Name Profile # Employees HQ Website

Belgium 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 47.37% in 2023. Horizon Databook has segmented the Belgium telehealth market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Belgium telehealth market databook

  • Our clientele includes a mix of telehealth market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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 country-level data and insights on the Belgium telehealth market , including forecasts for subscribers. This country databook contains high-level insights into Belgium telehealth market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Belgium telehealth market size, by product, 2018-2030 (US$M)

Belgium Telehealth Market Outlook Share, 2023 & 2030 (US$M)

Belgium telehealth market size, by product, 2018-2030 (US$M)

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