Global Telemedicine Market 2024-2028

Global Telemedicine Market 2024-2028


The telemedicine market is forecasted to grow by USD 132.61 bn during 2023-2028, accelerating at a CAGR of 17.11% during the forecast period. The report on the telemedicine market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing incidence of chronic diseases, increasing healthcare costs, and frequent launch of telehealth platforms by retailers.

Technavio's telemedicine market is segmented as below:

By Application
  • Telehospital and teleclinic
  • Telehome
By Product
  • Services
  • Solutions
By Geographical Landscape
  • North America
  • Europe
  • Asia
  • Rest of World (ROW)
This study identifies the integration of AI with telemedicine as one of the prime reasons driving the telemedicine market growth during the next few years. Also, enhanced internet connectivity with use of smartphone devices and healthcare apps and decentralization of patient care with blockchain will lead to sizable demand in the market.

The report on the telemedicine market covers the following areas:
  • Telemedicine market sizing
  • Telemedicine market forecast
  • Telemedicine market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading telemedicine market vendors that include Access TeleCare LLC, Aerotel Medical Systems Ltd., AMD Global Telemedicine Inc., American Well Corp., AMN Healthcare Services Inc., CareCloud Inc., Cisco Systems Inc., Doctor On Demand Inc., Evernorth Health Inc., GlobalMedia Group LLC, Koninklijke Philips N.V., Medtronic Plc, MeMD, Resideo Technologies Inc., Sesame Inc., SHL Telemedicine Ltd., TALKSPACE INC, Teladoc Health Inc., Twilio Inc., and Veradigm LLC. Also, the telemedicine market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary – Chart on Market Overview
      • Table Executive Summary – Data Table on Market Overview
      • Table Executive Summary – Chart on Global Market Characteristics
      • Table Executive Summary – Chart on Market by Geography
      • Table Executive Summary – Chart on Market Segmentation by Application
      • Table Executive Summary – Chart on Market Segmentation by Product
      • Table Executive Summary – Chart on Incremental Growth
      • Table Executive Summary – Data Table on Incremental Growth
      • Table Executive Summary – Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
      • Table Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
  • Historic Market Size
    • Global telemedicine market 2018 - 2022
      • Table Historic Market Size – Data Table on global telemedicine market 2018 - 2022 ($ billion)
    • Application Segment Analysis 2018 - 2022
      • Table Historic Market Size – Application Segment 2018 - 2022 ($ billion)
    • Product Segment Analysis 2018 - 2022
      • Table Historic Market Size – Product Segment 2018 - 2022 ($ billion)
    • Geography Segment Analysis 2018 - 2022
      • Table Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • Country Segment Analysis 2018 - 2022
      • Table Historic Market Size – Country Segment 2018 - 2022 ($ billion)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2023 and 2028
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • Threat of new entrants
      • Table Threat of new entrants – Impact of key factors in 2023 and 2028
    • Threat of substitutes
      • Table Threat of substitutes – Impact of key factors in 2023 and 2028
    • Threat of rivalry
      • Table Threat of rivalry – Impact of key factors in 2023 and 2028
    • Market condition
      • Table Chart on Market condition - Five forces 2023 and 2028
  • Market Segmentation by Application
    • Market segments
      • Table Chart on Application - Market share 2023-2028 (%)
      • Table Data Table on Application - Market share 2023-2028 (%)
    • Comparison by Application
      • Table Chart on Comparison by Application
      • Table Data Table on Comparison by Application
    • Telehospital and teleclinic - Market size and forecast 2023-2028
      • Table Chart on Telehospital and teleclinic - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Telehospital and teleclinic - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on Telehospital and teleclinic - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Telehospital and teleclinic - Year-over-year growth 2023-2028 (%)
    • Telehome - Market size and forecast 2023-2028
      • Table Chart on Telehome - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Telehome - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on Telehome - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Telehome - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Application
      • Table Market opportunity by Application ($ billion)
      • Table Data Table on Market opportunity by Application ($ billion)
  • Market Segmentation by Product
    • Market segments
      • Table Chart on Product - Market share 2023-2028 (%)
      • Table Data Table on Product - Market share 2023-2028 (%)
    • Comparison by Product
      • Table Chart on Comparison by Product
      • Table Data Table on Comparison by Product
    • Services - Market size and forecast 2023-2028
      • Table Chart on Services - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Services - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on Services - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Services - Year-over-year growth 2023-2028 (%)
    • Solutions - Market size and forecast 2023-2028
      • Table Chart on Solutions - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Solutions - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on Solutions - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Solutions - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Product
      • Table Market opportunity by Product ($ billion)
      • Table Data Table on Market opportunity by Product ($ billion)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2023-2028 (%)
      • Table Data Table on Market share by geography 2023-2028 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • North America - Market size and forecast 2023-2028
      • Table Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on North America - Year-over-year growth 2023-2028 (%)
      • Table Data Table on North America - Year-over-year growth 2023-2028 (%)
    • Europe - Market size and forecast 2023-2028
      • Table Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • Asia - Market size and forecast 2023-2028
      • Table Chart on Asia - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Asia - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on Asia - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Asia - Year-over-year growth 2023-2028 (%)
    • Rest of World (ROW) - Market size and forecast 2023- 2028
      • Table Chart on Rest of World (ROW) - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Rest of World (ROW) - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
    • US - Market size and forecast 2023-2028
      • Table Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on US - Year-over-year growth 2023-2028 (%)
      • Table Data Table on US - Year-over-year growth 2023-2028 (%)
    • Germany - Market size and forecast 2023-2028
      • Table Chart on Germany - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • Canada - Market size and forecast 2023-2028
      • Table Chart on Canada - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on Canada - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Canada - Year-over-year growth 2023-2028 (%)
    • UK - Market size and forecast 2023-2028
      • Table Chart on UK - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on UK - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on UK - Year-over-year growth 2023-2028 (%)
      • Table Data Table on UK - Year-over-year growth 2023-2028 (%)
    • Japan - Market size and forecast 2023-2028
      • Table Chart on Japan - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ billion)
      • Table Data Tables on Market opportunity by geography ($ billion)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Increasing incidence of chronic diseases
      • Increasing healthcare cost
      • Frequent launch of telehealth platforms by retailers
    • Market challenges
      • Data security and privacy issues in telemedicine
      • Lack of awareness and knowledge about telemedicine
      • Issues related to telemedicine
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2023 and 2028
    • Market trends
      • Integration of AI with telemedicine
      • Enhanced internet connectivity with use of smartphone devices and healthcare apps
      • Decentralization of patient care with blockchain
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • Access TeleCare LLC
      • Table Access TeleCare LLC - Overview
      • Table Access TeleCare LLC - Product / Service
      • Table Access TeleCare LLC - Key offerings
    • Aerotel Medical Systems Ltd.
      • Table Aerotel Medical Systems Ltd. - Overview
      • Table Aerotel Medical Systems Ltd. - Product / Service
      • Table Aerotel Medical Systems Ltd. - Key offerings
    • AMD Global Telemedicine Inc.
      • Table AMD Global Telemedicine Inc. - Overview
      • Table AMD Global Telemedicine Inc. - Product / Service
      • Table AMD Global Telemedicine Inc. - Key offerings
    • American Well Corp.
      • Table American Well Corp. - Overview
      • Table American Well Corp. - Product / Service
      • Table American Well Corp. - Key offerings
    • Cisco Systems Inc.
      • Table Cisco Systems Inc. - Overview
      • Table Cisco Systems Inc. - Business segments
      • Table Cisco Systems Inc. - Key news
      • Table Cisco Systems Inc. - Key offerings
      • Table Cisco Systems Inc. - Segment focus
    • Evernorth Health Inc.
      • Table Evernorth Health Inc. - Overview
      • Table Evernorth Health Inc. - Product / Service
      • Table Evernorth Health Inc. - Key offerings
    • GlobalMedia Group LLC
      • Table GlobalMedia Group LLC - Overview
      • Table GlobalMedia Group LLC - Product / Service
      • Table GlobalMedia Group LLC - Key offerings
    • Koninklijke Philips N.V.
      • Table Koninklijke Philips N.V. - Overview
      • Table Koninklijke Philips N.V. - Business segments
      • Table Koninklijke Philips N.V. - Key news
      • Table Koninklijke Philips N.V. - Key offerings
      • Table Koninklijke Philips N.V. - Segment focus
    • Medtronic Plc
      • Table Medtronic Plc - Overview
      • Table Medtronic Plc - Business segments
      • Table Medtronic Plc - Key news
      • Table Medtronic Plc - Key offerings
      • Table Medtronic Plc - Segment focus
    • MeMD
      • Table MeMD - Overview
      • Table MeMD - Product / Service
      • Table MeMD - Key offerings
    • Resideo Technologies Inc.
      • Table Resideo Technologies Inc. - Overview
      • Table Resideo Technologies Inc. - Business segments
      • Table Resideo Technologies Inc. - Key offerings
      • Table Resideo Technologies Inc. - Segment focus
    • SHL Telemedicine Ltd.
      • Table SHL Telemedicine Ltd. - Overview
      • Table SHL Telemedicine Ltd. - Product / Service
      • Table SHL Telemedicine Ltd. - Key offerings
    • Teladoc Health Inc.
      • Table Teladoc Health Inc. - Overview
      • Table Teladoc Health Inc. - Product / Service
      • Table Teladoc Health Inc. - Key offerings
    • Twilio Inc.
      • Table Twilio Inc. - Overview
      • Table Twilio Inc. - Product / Service
      • Table Twilio Inc. - Key offerings
    • Veradigm LLC
      • Table Veradigm LLC - Overview
      • Table Veradigm LLC - Business segments
      • Table Veradigm LLC - Key news
      • Table Veradigm LLC - Key offerings
      • Table Veradigm LLC - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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