Canada Telehealth Services Market Size & Outlook, 2023-2030

The telehealth services market in Canada is expected to reach a projected revenue of US$ 32,340.1 million by 2030. A compound annual growth rate of 27.2% is expected of Canada telehealth services market from 2024 to 2030.
Revenue, 2023 (US$M)
$6,018.0
Forecast, 2030 (US$M)
$32,340.1
CAGR, 2024 - 2030
27.2%
Report Coverage
Canada

Canada telehealth services market highlights

  • The Canada telehealth services market generated a revenue of USD 6,018.0 million in 2023 and is expected to reach USD 32,340.1 million by 2030.
  • The Canada market is expected to grow at a CAGR of 27.2% from 2024 to 2030.
  • In terms of segment, web-based was the largest revenue generating delivery mode in 2023.
  • Cloud-based is the most lucrative delivery mode segment registering the fastest growth during the forecast period.


Telehealth services market data book summary

Market revenue in 2023USD 6,018.0 million
Market revenue in 2030USD 32,340.1 million
Growth rate27.2% (CAGR from 2023 to 2030)
Largest segmentWeb-based
Fastest growing segmentCloud-based
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationWeb-based, Cloud-based
Key market players worldwideKoninklijke Philips NV, Siemens Healthineers AG ADR, Cerner Corporation, GE HealthCare Technologies Inc Common Stock, Medtronic PLC, Zoom Video Communications Inc, Cisco Systems Inc, Teladoc Health Inc, American Well Corp Ordinary Shares - Class A, Doctor On Demand, GlobalMedia Group, Evernorth


Other key industry trends

  • In terms of revenue, Canada accounted for 13.1% of the global telehealth services market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. telehealth services market is projected to lead the regional market in terms of revenue in 2030.
  • U.S. is the fastest growing regional market in North America and is projected to reach USD 113,643.5 million by 2030.

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Telehealth Services Market Scope

Telehealth services market segmentation & scope
Web-based
Cloud-based
Others
Payers
Providers
Patients
Remote Patient Monitoring
Real Time Interactions
Store and Forward
Video/ Audio Consultations
Physician-to-physician Contact
Patient Medical Data Collections
Appointment Scheduling
Other Telehealth Services
Teleradiology
Telepsychiatry
Telepathology
Teledermatology
Telecardiology
Others

Telehealth Services Market Companies

Name Profile # Employees HQ Website

Canada telehealth services 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 services market will help companies and investors design strategic landscapes.


Web-based was the largest segment with a revenue share of 45.96% in 2023. Horizon Databook has segmented the Canada telehealth services market based on web-based, cloud-based covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Canada telehealth services market databook

  • Our clientele includes a mix of telehealth services market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada telehealth services market, including forecasts for subscribers. This country databook contains high-level insights into Canada telehealth services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada telehealth services market report size, by delivery mode, 2018-2030 (US$M)

Canada Telehealth Services Market Share, 2023 & 2030 (US$M)

Canada telehealth services market report size, by delivery mode, 2018-2030 (US$M)

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