Switzerland Telemedicine Market Size & Outlook, 2023-2030
Switzerland telemedicine market, 2018-2030 (US$M)
Related Markets
Switzerland telemedicine market highlights
- The Switzerland telemedicine market generated a revenue of USD 2,685.9 million in 2023 and is expected to reach USD 8,849.8 million by 2030.
- The Switzerland market is expected to grow at a CAGR of 18.6% 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 2,685.9 million |
| Market revenue in 2030 | USD 8,849.8 million |
| Growth rate | 18.6% (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, Switzerland accounted for 2.3% 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 |
|---|
Switzerland 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 51.71% in 2023. Horizon Databook has segmented the Switzerland telemedicine market based on product, services covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing number of teleconsultations is expected to boost the market growth. The number was expected to increase due to the COVID-19 pandemic, which is also estimated to positively influence the market growth.
Furthermore, the Swiss association of medical doctors teamed up with a video conference provider, enabling access to free and relatively easy remote care services and providing a transparent service communication channel for other telehealth manufacturers. This is expected to provide opportunities for the market growth in Switzerland during the forecast period.
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Our clientele includes a mix of telemedicine market companies, investment firms, advisory firms & academic institutions.
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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 Switzerland telemedicine market , including forecasts for subscribers. This country databook contains high-level insights into Switzerland telemedicine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Switzerland telemedicine market size, by component, 2018-2030 (US$M)
Switzerland Telemedicine Market Outlook Share, 2023 & 2030 (US$M)
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