
Telehealth & Telemedicine Market by Component (Hardware, Software & Services), Mode of Delivery (Cloud-Based, On-Premise), Application, End-User - Global Forecast 2023-2030
Description
Telehealth & Telemedicine Market by Component (Hardware, Software & Services), Mode of Delivery (Cloud-Based, On-Premise), Application, End-User - Global Forecast 2023-2030
The Telehealth & Telemedicine Market size was estimated at USD 90.78 billion in 2022 and expected to reach USD 109.20 billion in 2023, at a CAGR 21.00% to reach USD 417.40 billion by 2030.
Market Segmentation & Coverage:
This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Telehealth & Telemedicine Market.
- Based on Component, market is studied across Hardware and Software & Services. The Software & Services is projected to witness significant market share during forecast period.
- Based on Mode of Delivery, market is studied across Cloud-Based and On-Premise. The Cloud-Based is projected to witness significant market share during forecast period.
- Based on Application, market is studied across Tele-lCU, Teleconsultation, Teledermatology, Telepsychiatry, Teleradiology, and Telestroke. The Teledermatology is projected to witness significant market share during forecast period.
- Based on End-User, market is studied across Healthcare Facilities and Homecare. The Homecare is projected to witness significant market share during forecast period.
- Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 39.80% in 2022, followed by Europe, Middle East & Africa.
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is an indispensable tool for assessing the Telehealth & Telemedicine Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
Market Share Analysis:
The Market Share Analysis offers invaluable insights into the vendor landscape Telehealth & Telemedicine Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
Key Company Profiles:
The report delves into recent significant developments in the Telehealth & Telemedicine Market, highlighting leading vendors and their innovative profiles. These include Advanced Monitored Caregiving, Inc., American Well Corporation, Apollo Hospitals Enterprise Ltd., Cigna Healthcare, Cisco Systems, Inc., Doctor On Demand by Included Health, Inc., Doximity, Inc., GE HealthCare Technologies Inc., GlobalMedia Group, LLC, GoodRx, Inc., HealthTap, Inc., Hims & Hers Health, Inc., iCliniq by Orane Healthcare India Private Limited, Koninklijke Philips N.V., Maven Clinic Co., MDLIVE, Inc., Medtronic PLC, Medweb, PlushCare, Inc. by Accolade, Inc., Practo Technologies Private Limited, RaiseHand Inc., Sesame, Inc., Siemens Healthineers AG, Talkspace, Teladoc Health, Inc., TeleSpecialists, Tunstall Healthcare Group, Vonage Holdings Corp. by Telefonaktiebolaget LM Ericsson, VSee Lab, Inc., and Zipnosis by Florence Inc..
The report offers valuable insights on the following aspects:
- Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
- Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
- Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
- Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
- Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast for the Telehealth & Telemedicine Market?
- Which products, segments, applications, and areas hold the highest investment potential in the Telehealth & Telemedicine Market?
- What is the competitive strategic window for identifying opportunities in the Telehealth & Telemedicine Market?
- What are the latest technology trends and regulatory frameworks in the Telehealth & Telemedicine Market?
- What is the market share of the leading vendors in the Telehealth & Telemedicine Market?
- Which modes and strategic moves are suitable for entering the Telehealth & Telemedicine Market?
Note: PDF & Excel + Online Access - 1 Year
Table of Contents
193 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Telehealth & Telemedicine Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Increasing prevalence of chronic diseases with rising geriatric population globally
- 5.1.1.2. Surging need for self-care and home monitoring devices in the remote care of patients
- 5.1.1.3. Growing popularity for video consulting and mHealth
- 5.1.2. Restraints
- 5.1.2.1. Shortage of healthcare professionals and limited reimbursement policies
- 5.1.3. Opportunities
- 5.1.3.1. Ongoing integration of novel technologies in telehealth and telemedicine
- 5.1.3.2. Continuous advancements in communication technologies to overcome shortage of skilled professionals
- 5.1.4. Challenges
- 5.1.4.1. Privacy and security concerns associated with telehealth
- 5.2. Market Segmentation Analysis
- 5.2.1. Increasing adoption of cloud-based technologies by healthcare organizations
- 5.2.2. technological advancements and an increasing need for remote healthcare for different applications
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of COVID-19
- 5.5. Cumulative Impact of Russia-Ukraine Conflict
- 5.6. Cumulative Impact of High Inflation
- 5.7. Porter’s Five Forces Analysis
- 5.7.1. Threat of New Entrants
- 5.7.2. Threat of Substitutes
- 5.7.3. Bargaining Power of Customers
- 5.7.4. Bargaining Power of Suppliers
- 5.7.5. Industry Rivalry
- 5.8. Value Chain & Critical Path Analysis
- 5.9. Regulatory Framework
- 5.10. Client Customization
- 6. Telehealth & Telemedicine Market, by Component
- 6.1. Introduction
- 6.2. Hardware
- 6.3. Software & Services
- 7. Telehealth & Telemedicine Market, by Mode of Delivery
- 7.1. Introduction
- 7.2. Cloud-Based
- 7.3. On-Premise
- 8. Telehealth & Telemedicine Market, by Application
- 8.1. Introduction
- 8.2. Tele-lCU
- 8.3. Teleconsultation
- 8.4. Teledermatology
- 8.5. Telepsychiatry
- 8.6. Teleradiology
- 8.7. Telestroke
- 9. Telehealth & Telemedicine Market, by End-User
- 9.1. Introduction
- 9.2. Healthcare Facilities
- 9.3. Homecare
- 10. Americas Telehealth & Telemedicine Market
- 10.1. Introduction
- 10.2. Argentina
- 10.3. Brazil
- 10.4. Canada
- 10.5. Mexico
- 10.6. United States
- 11. Asia-Pacific Telehealth & Telemedicine Market
- 11.1. Introduction
- 11.2. Australia
- 11.3. China
- 11.4. India
- 11.5. Indonesia
- 11.6. Japan
- 11.7. Malaysia
- 11.8. Philippines
- 11.9. Singapore
- 11.10. South Korea
- 11.11. Taiwan
- 11.12. Thailand
- 11.13. Vietnam
- 12. Europe, Middle East & Africa Telehealth & Telemedicine Market
- 12.1. Introduction
- 12.2. Denmark
- 12.3. Egypt
- 12.4. Finland
- 12.5. France
- 12.6. Germany
- 12.7. Israel
- 12.8. Italy
- 12.9. Netherlands
- 12.10. Nigeria
- 12.11. Norway
- 12.12. Poland
- 12.13. Qatar
- 12.14. Russia
- 12.15. Saudi Arabia
- 12.16. South Africa
- 12.17. Spain
- 12.18. Sweden
- 12.19. Switzerland
- 12.20. Turkey
- 12.21. United Arab Emirates
- 12.22. United Kingdom
- 13. Competitive Landscape
- 13.1. FPNV Positioning Matrix
- 13.2. Market Share Analysis, By Key Player
- 13.3. Competitive Scenario Analysis, By Key Player
- 13.3.1. Merger & Acquisition
- 13.3.1.1. MediBuddy Acquires Telehealth Player vHealth by Aetna
- 13.3.2. New Product Launch & Enhancement
- 13.3.2.1. Florence Acquires Zipnosis to Solve Clinical Capacity Constraints and Create Omnichannel Transformation Across Telehealth and Hybrid Care
- 13.3.2.2. Philips Virtual Care Management Offers a Comprehensive Approach to Telehealth for Patients, Providers and Payers
- 14. Competitive Portfolio
- 14.1. Key Company Profiles
- 14.1.1. Advanced Monitored Caregiving, Inc.
- 14.1.2. American Well Corporation
- 14.1.3. Apollo Hospitals Enterprise Ltd.
- 14.1.4. Cigna Healthcare
- 14.1.5. Cisco Systems, Inc.
- 14.1.6. Doctor On Demand by Included Health, Inc.
- 14.1.7. Doximity, Inc.
- 14.1.8. GE HealthCare Technologies Inc.
- 14.1.9. GlobalMedia Group, LLC
- 14.1.10. GoodRx, Inc.
- 14.1.11. HealthTap, Inc.
- 14.1.12. Hims & Hers Health, Inc.
- 14.1.13. iCliniq by Orane Healthcare India Private Limited
- 14.1.14. Koninklijke Philips N.V.
- 14.1.15. Maven Clinic Co.
- 14.1.16. MDLIVE, Inc.
- 14.1.17. Medtronic PLC
- 14.1.18. Medweb
- 14.1.19. PlushCare, Inc. by Accolade, Inc.
- 14.1.20. Practo Technologies Private Limited
- 14.1.21. RaiseHand Inc.
- 14.1.22. Sesame, Inc.
- 14.1.23. Siemens Healthineers AG
- 14.1.24. Talkspace
- 14.1.25. Teladoc Health, Inc.
- 14.1.26. TeleSpecialists
- 14.1.27. Tunstall Healthcare Group
- 14.1.28. Vonage Holdings Corp. by Telefonaktiebolaget LM Ericsson
- 14.1.29. VSee Lab, Inc.
- 14.1.30. Zipnosis by Florence Inc.
- 14.2. Key Product Portfolio
- 15. Appendix
- 15.1. Discussion Guide
- 15.2. License & Pricing
Pricing
Currency Rates
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