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Telehealth Global Market Scenario

Goals

To provide global telehealth market size, market share, trends, growth, business overview, and future industry outlook in order to use this information for a new market strategy.

Early Findings

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.

Proposed next steps:

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