Market revenue in 2023 | USD 1,747.4 million |
Market revenue in 2030 | USD 6,176.6 million |
Growth rate | 19.8% (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 |
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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.
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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