Spain Telehealth Market Size & Outlook, 2023-2030

The telehealth market in Spain is expected to reach a projected revenue of US$ 6,176.6 million by 2030. A compound annual growth rate of 19.8% is expected of Spain telehealth market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,747.4
Forecast, 2030 (US$M)
$6,176.6
CAGR, 2024 - 2030
19.8%
Report Coverage
Spain

Spain telehealth market highlights

  • The Spain telehealth market generated a revenue of USD 1,747.4 million in 2023 and is expected to reach USD 6,176.6 million by 2030.
  • The Spain market is expected to grow at a CAGR of 19.8% 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 1,747.4 million
Market revenue in 2030USD 6,176.6 million
Growth rate19.8% (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, Spain accounted for 1.7% 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

Spain 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 47.3% in 2023. Horizon Databook has segmented the Spain telehealth market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.


Spain’s digital healthcare market has recorded a restrained growth. Primary factors that can be attributed to this are slower adoption of digital health solutions, shortage of doctors & nurses, availability of alternative treatment methods, and government support for comprehensive healthcare.

The Spanish citizens are slow in adopting telehealth technology for monitoring and maintaining health. For instance, a survey by Accenture in 2018 found that only around 41% of Spanish population was using some form of digital health service, like apps on their phones.

Remote consulting services were also well-received by around 73%, as most believe that remote consultations prevent disruption of their routine lifestyle and 56% believed that they would help reduce patient costs.

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Target buyers of Spain 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.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain telehealth market , including forecasts for subscribers. This country databook contains high-level insights into Spain telehealth market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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

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

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

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