Latest Market Research Report 2025

  The global  telemedicine market  size is expected to reach USD 380.3 billion by 2030, registering a CAGR of around  17.96 % from 2024 to 2030, based on a new report by Grand View Research, Inc. Rising prevalence of chronic illnesses, increased traditional healthcare costs, evolution of mhealth services in healthcare institutions, and a growing number of digital health users attribute to market growth. Favorable government initiatives led to introduction of advanced healthcare IT infrastructure and facilities that fuels growth of the market. For instance, the Research and Innovation Enterprise Plan in Singapore supports digital innovation that focuses on healthcare.   COVID-19 positively impacted the market growth as it increased awareness and adoption rates among patients and healthcare providers, leading to increased investment activities. In response to the pandemic, both state and federal laws in U.S. have been modified to facilitate the widespread use of t...

  Telemedicine Industry Overview The global telemedicine market size   was valued at USD 114.98 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 17.96% from 2024 to 2030.  The telemedicine market growth is being driven by factors such as consolidation across industry, strategic initiatives by key companies, and increasing healthcare consumerism. Furthermore, rising adoption of telemedicine by providers, increasing patient acceptance and consumer demand, and delivery of improved quality of care are expected to contribute to the growth of the telemedicine market over the forecast period. For instance, in May 2021, Walmart Inc. acquired a telehealth company, MeMD. This acquisition is expected to enable Walmart to expand its offerings and provide virtual access to primary, urgent, and behavioral healthcare services nationwide. According to statistics published by the GSM Association report, The Mobile Economy 2022, in 2021, number of peo...

  Telemedicine Industry Overview The global telemedicine market size   was valued at USD 114.98 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 17.96% from 2024 to 2030.   The telemedicine market growth is being driven by factors such as consolidation across industry, strategic initiatives by key companies, and increasing healthcare consumerism. Furthermore, rising adoption of telemedicine by providers, increasing patient acceptance and consumer demand, and delivery of improved quality of care are expected to contribute to the growth of the telemedicine market over the forecast period. For instance, in May 2021, Walmart Inc. acquired a telehealth company, MeMD. This acquisition is expected to enable Walmart to expand its offerings and provide virtual access to primary, urgent, and behavioral healthcare services nationwide. Gather more insights about the market drivers, restrains and growth of the   Telemedicine Market COVID-19 ...