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Research Outline
Prepared for Progress M. | Delivered December 19, 2019
Telehealth Global Market Scenario
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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.
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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.
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