Sweden Telemedicine Market Size & Outlook, 2023-2030
Sweden telemedicine market, 2018-2030 (US$M)
Related Markets
Sweden telemedicine market highlights
- The Sweden telemedicine market generated a revenue of USD 2,880.7 million in 2023 and is expected to reach USD 9,713.2 million by 2030.
- The Sweden market is expected to grow at a CAGR of 19% from 2024 to 2030.
- In terms of segment, product was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Telemedicine market data book summary
| Market revenue in 2023 | USD 2,880.7 million |
| Market revenue in 2030 | USD 9,713.2 million |
| Growth rate | 19% (CAGR from 2023 to 2030) |
| Largest segment | Product |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Product, Services |
| Key market players worldwide | Twilio Inc Class A, Teladoc Health Inc, Zoom Video Communications Inc |
Other key industry trends
- In terms of revenue, Sweden accounted for 2.5% of the global telemedicine market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany telemedicine 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 10,224.4 million by 2030.
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Telemedicine Market Scope
Telemedicine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Sweden telemedicine 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 telemedicine market will help companies and investors design strategic landscapes.
Product was the largest segment with a revenue share of 54.06% in 2023. Horizon Databook has segmented the Sweden telemedicine market based on product, services covering the revenue growth of each sub-segment from 2018 to 2030.
Various initiatives aimed at increasing the adoption of telemedicine platforms by government as well as nongovernment organizations in the country are expected to boost the market growth. Moreover, strategic developments by Swedish telemedicine platforms are expected to fuel the market growth.
Moreover, high adoption of advanced technology and rising focus of leading market players on the country are among factors expected to drive the market growth. Regional collaborations among care providers, IT companies, & local governments to facilitate innovation and implementation of telemedicine also increase growth potential.
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Target buyers of Sweden telemedicine market databook
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Our clientele includes a mix of telemedicine 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 Sweden telemedicine market , including forecasts for subscribers. This country databook contains high-level insights into Sweden telemedicine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Sweden telemedicine market size, by component, 2018-2030 (US$M)
Sweden Telemedicine Market Outlook Share, 2023 & 2030 (US$M)
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