China Telehealth Market Size & Outlook, 2023-2030
China telehealth market, 2018-2030 (US$M)
Related Markets
China telehealth market highlights
- The China telehealth market generated a revenue of USD 6,965.7 million in 2023 and is expected to reach USD 37,205.5 million by 2030.
- The China market is expected to grow at a CAGR of 27% 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 2023 | USD 6,965.7 million |
| Market revenue in 2030 | USD 37,205.5 million |
| Growth rate | 27% (CAGR from 2023 to 2030) |
| Largest segment | Services |
| Fastest growing segment | Software |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | Koninklijke 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, China accounted for 6.9% 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 Asia Pacific, China telehealth market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 17,424.3 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Telehealth Market Scope
Telehealth Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China 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 46.85% in 2023. Horizon Databook has segmented the China telehealth market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
China’s healthcare system is mostly managed by the government. Most of rural China has underdeveloped infrastructure, and most of the country’s primary care has poor distribution of resources & lack of skilled general practitioners.
All the above-mentioned factors have led to the increasing need for remote healthcare services, including telemedicine, mobile access of healthcare information & services, and remotely connected devices to monitor health care progress, among others.
Mobile application providers are focusing on developing healthcare apps owing to the increasing smartphone penetration in the country. In line with this, Tencent, an internet-based technology and cultural enterprise that maintains WeChat in mainland China, is building a steady network of participating hospitals in which users can book appointments, follow-up with their medical check-ups, and pay medical bills.
Reasons to subscribe to China telehealth market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of China 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 China telehealth market , including forecasts for subscribers. This country databook contains high-level insights into China telehealth market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
China telehealth market size, by product, 2018-2030 (US$M)
China Telehealth Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
