Germany Telehealth Market Size & Outlook, 2023-2030
Germany telehealth market, 2018-2030 (US$M)
Related Markets
Germany telehealth market highlights
- The Germany telehealth market generated a revenue of USD 2,403.4 million in 2023 and is expected to reach USD 8,674.3 million by 2030.
- The Germany market is expected to grow at a CAGR of 20.1% 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 2,403.4 million |
| Market revenue in 2030 | USD 8,674.3 million |
| Growth rate | 20.1% (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, Germany accounted for 2.4% 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 Scope
Telehealth Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany 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 46.99% in 2023. Horizon Databook has segmented the Germany telehealth market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
German market held a dominant position in Europe and is expected to witness growth in various digital health fronts like telehealth, mobile health, remote connected devices, and EHR solutions. Telehealth and EHR solutions lead the digital market in terms of adoption & utilization by patients and approval by physicians.
Local presence of various domestic and international telehealth service providers in the country is one of the prime reasons for the lucrative market share it holds in Europe. However, the ambiguity of regulations related to telehealth services are impeding growth of market in the country.
The telehealth services can only be utilized after an offline consultation with the same doctor. This law is confined to remote treatment and does not apply to remote consultation provided by doctors.
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Our clientele includes a mix of telehealth market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Germany telehealth market , including forecasts for subscribers. This country databook contains high-level insights into Germany telehealth market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany telehealth market size, by product, 2018-2030 (US$M)
Germany Telehealth Market Outlook Share, 2023 & 2030 (US$M)
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