Europe Remote Healthcare Market Size, Share & Trends Analysis Report By Service (Tele-ICU, Real Time Virtual Health and Remote Patient Monitoring), By End Use, By Country and Growth Forecast, 2024 - 2031

Europe Remote Healthcare Market Size, Share & Trends Analysis Report By Service (Tele-ICU, Real Time Virtual Health and Remote Patient Monitoring), By End Use, By Country and Growth Forecast, 2024 - 2031

The Europe Remote Healthcare Market would witness market growth of 16.4% CAGR during the forecast period (2024-2031).

The Germany market dominated the Europe Remote Healthcare Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2,084.5 million by 2031. The UK market is exhibiting a CAGR of 15.4% during (2024 - 2031). Additionally, The France market would experience a CAGR of 17.3% during (2024 - 2031).

Remote healthcare, also known as telehealth or telemedicine, encompasses a broad range of applications designed to deliver medical services outside traditional clinical settings. Telemedicine platforms enable patients to have real-time consultations with healthcare providers via video calls, phone calls, or chat.

Moreover, this application is crucial for routine check-ups, follow-up appointments, and initial consultations, providing patients with convenience and reducing the need for travel. This involves the use of digital tools and wearable devices to monitor patients' health metrics, such as blood pressure, glucose levels, and heart rate, in real-time.

Increased investment in digital healthcare is expanding and enhancing telemedicine services in Italy. This includes developing new telehealth platforms and expanding existing services, making remote consultations more accessible to patients across the country. According to the International Trade Administration (ITA), information communications and technology (ICT) expenditures in Italy’s healthcare sector account for 1.2% of total expenditures in 2022, or $1.98 billion, a 7% increase from 2021.

Based on Service, the market is segmented into Tele-ICU, Real Time Virtual Health (Video Communication, Audio Communication, and Email/Chat box), and Remote Patient Monitoring. Based on End Use, the market is segmented into Provider, Payer, Patient, and Employer Groups & Government Organizations. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled

• Abbott Laboratories
• GE HealthCare Technologies, Inc.
• American Well Corporation (Amwell)
• Koninklijke Philips N.V.
• Medtronic PLC
• Teladoc Health, Inc.
• Honeywell International, Inc.
• Resideo Technologies, Inc.
• Siemens Healthineers AG (Siemens AG)
• Oracle Corporation

Europe Remote Healthcare Market Report Segmentation

By Service

• Tele-ICU
• Real Time Virtual Health
• Video Communication
• Audio Communication
• Email/Chat box
• Remote Patient Monitoring

By End Use

• Provider
• Payer
• Patient
• Employer Groups & Government Organizations

By Country

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe