Russia Telehealth Market Size & Outlook, 2023-2030
Russia telehealth market, 2018-2030 (US$M)
Related Markets
Russia telehealth market highlights
- The Russia telehealth market generated a revenue of USD 2,302.0 million in 2023 and is expected to reach USD 8,236.1 million by 2030.
- The Russia market is expected to grow at a CAGR of 20% 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 2,302.0 million |
| Market revenue in 2030 | USD 8,236.1 million |
| Growth rate | 20% (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, Russia accounted for 2.3% 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 |
|---|
Russia 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 47.29% in 2023. Horizon Databook has segmented the Russia telehealth market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
The Russian healthcare system is well-maintained and established in bigger cities like Moscow. However, poor access and lack of proper infrastructure in other cities hampers access to medical services in the country. Of late, Russia made significant investments to digitalize its healthcare system.
For instance, in 2018, in an event held in Moscow, it was emphasized that investments are being made to introduce telehealth technology in healthcare.
Another boost for Russian telehealth market is the legalization of telehealth in 2018, which would result in high investments, aiding incorporation of this technology in rural parts of the country. This allowed patients to access physician portals 24/7 and improved access to treatments even in rural areas.
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Target buyers of Russia 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 country-level data and insights on the Russia telehealth market , including forecasts for subscribers. This country databook contains high-level insights into Russia telehealth market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Russia telehealth market size, by product, 2018-2030 (US$M)
Russia Telehealth Market Outlook Share, 2023 & 2030 (US$M)
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