Telehealth Market Size: Global

• In 2018, the global telehealth market size was $49.8 billion and is expected to hit $266.8 billion by 2026 at a CAGR of 23.4% during the forecast period (2018-2026).
• The North American telehealth market was the dominant region globally with estimated market size of around $21.2 billion in 2018.
• In 2019, the market size of the US telehealth segment is estimated to be $2.4 billion. The US telehealth market grew at a rate of 7.1% in 2019.
• The factors bolstering the growth of the global telehealth market include rising prevalence of chronic diseases, low availability of healthcare professionals globally, and increasing geriatric population.