Insights into the U.S. Telemedicine Market
The U.S. telemedicine market was valued at USD 35.51 billion in 2024 and is projected to reach USD 88.16 billion by 2030, corresponding to a compound annual growth rate (CAGR) of 16.1% from 2025 through 2030. This rapid expansion reflects both strategic investments by leading healthcare and technology firms and a broader shift toward patient‑centric care models. Key industry players have launched partnerships, platform upgrades and service bundles designed to streamline virtual consultations, remote monitoring and integrated care pathways. At the same time, rising healthcare consumerism—where patients expect convenience, transparency and on‑demand access—has encouraged providers to incorporate telemedicine as a core offering rather than a supplementary channel. Provider adoption and patient acceptance have both climbed sharply in recent years. According to a Rock Health report published in February 2023, 80 percent of respondents had used a telemedicine service at l...