Download Free Sample
Author
Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....
Remote Healthcare Market: By Service, By End User, and Region Forecast 2019 - 2030
Remote Healthcare Market: By Service, By End User, and Region Forecast 2019 - 2030
Remote Healthcare Market size was valued at US$ 8.1 billion in 2023 and is poised to grow at a CAGR of 18.6% from 2024 to 2030. owing to increase in the use of mobile and wireless technologies and growing demand for mHealth services coupled with advancements in technology and launch of new services in global tele-ICUs market are the major factors that are driving the growth of the market. Moreover, the increase in collaboration partnerships and planning between healthcare service providers and various government organizations to meet the requirements and offer sustainable healthcare services in remote locations is propelling the growth of the market.
A telemedicine service that uses a mobile device to continuously monitor a patient's condition and performance outside of a medical facility is known as remote healthcare. It minimises hospitalisation time, eases the stress on medical workers, increases treatment efficacy, and provides medical facilities with daily updates on patient medical data. It shortens the time it takes for patients to be admitted, allows for treatment in a comfortable home setting, allows for rapid and direct communication with medical staff, reduces reaction time, improves therapeutic efficacy, and gives patients access to their own medical data. Global market is surging owing strategic collaborations and partnerships with various government organizations to meet the requirements and offer sustainable healthcare services in the remote locations of the country.
Study Period
2024-2030Base Year
2023CAGR
18.6%Largest Market
North AmericaFastest Growing Market
North America
Based on Service, mHealth segment is expected to grow at highest CAGR over the forecast years owing to the rising adoption of smartphones and smart gadgets and the growing preference towards the self-management of diseases are fueling the demand for mHealth services in the global market. Government initiatives for favorable reimbursement policies and increased awareness about disease management will have a positive impact on the growth of the global mHealth market.
North America accounted for larger revenue share in global remote healthcare market with significant CAGR due to the lucrative reimbursement policy introduced by the government agencies promoting the use of telemedicine and virtual health services is driving the market in North America. Moreover, the increasing investments in R&D and technological innovations will help major players in the North American region occupy a larger market share over the next few years.
Latin America
Europe
Asia Pacific
Middle East
North America
|
Report Benchmarks |
Details |
|
Report Study Period |
2024-2030 |
|
Market Size in 2023 |
US$ 8.1 billion |
|
Market CAGR |
18.6% |
|
By Service |
|
|
By End User |
|
|
By Region |
|
Download Free Sample Report
Remote healthcare market size was valued at US$ 8.1 billion in 2023 and is expected to grow at a significant CAGR of 18.6% from 2024-2030.
The major players in the global remote healthcare market are ???Advanced ICU Care, BioTelemetry, Koninklijke Philips, Teladoc Health, Vivify Health, AirStrip Technologies, Medtronic, InTouch Technologies, American Well, and Resideo Life Care Solutions.
North America is the fastest-growing region for remote healthcare market
| 1. Executive Summary |
| 2. Global Remote HealthCare Market Introduction |
| 2.1. Global Remote HealthCare Market Taxonomy |
| 2.2. Global Remote HealthCare Market Definitions |
| 2.2.1. By Service |
| 2.2.2. By End User |
| 3. Global Remote HealthCare Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Remote HealthCare Market Dynamic Factors - Impact Analysis |
| 3.6. Global Remote HealthCare Market Competition Landscape |
| 4. Global Remote HealthCare Market Analysis,2019 - 2023 and Forecast, 2024 - 2030 |
| 4.1. Market Analysis,2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Remote HealthCare Market, By Service, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.1. Real Time Virtual Health |
| 5.1.1. Video Communication |
| 5.1.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.1.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.1.3. Market Opportunity Analysis |
| 5.1.2. Audio Communication |
| 5.1.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.1.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.2.3. Market Opportunity Analysis |
| 5.1.3. Chat/Email Communication |
| 5.1.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.1.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3.3. Market Opportunity Analysis |
| 5.2. Remote Patient Monitoring |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Tele-ICUs |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 6. Global Remote HealthCare Market Forecast, By End User, 2019 - 2023 and Forecast, 2020 2026 (Revenue, USD Mn) |
| 6.1. Healthcare Providers |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Patients |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Employer Groups & Government Organizations |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Payers |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 7. Global Remote HealthCare Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Europe |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Asia-Pacific |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Latin America |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Middle East and Africa |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. Global Remote HealthCare Market - Opportunity Analysis Index, By Service, By End User, and Region, 2024 - 2030 |
| 8. North America Remote Health CareMarketAnalysis,2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.1. Service Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1. Real Time Virtual Health |
| 8.1.1.1. Video Communication |
| 8.1.1.2. Audio Communication |
| 8.1.1.3. Chat/Email Communication |
| 8.1.2. Remote Patient Monitoring |
| 8.1.3. Tele-ICUs |
| 8.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 8.2.1. Healthcare Providers |
| 8.2.2. Patients |
| 8.2.3. Employer Groups & Government Organizations |
| 8.2.4. Payers |
| 8.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 8.3.1. USA |
| 8.3.2. Canada |
| 8.4. North America Remote HealthCare Market - Opportunity Analysis Index, By Service, By End User, and Country, 2024 - 2030 |
| 8.5. North America Remote HealthCare Market Dynamics Trends |
| 9. Europe Remote HealthCare Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 9.1. Service Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1. Real Time Virtual Health |
| 9.1.1.1. Video Communication |
| 9.1.1.2. Audio Communication |
| 9.1.1.3. Chat/Email Communication |
| 9.1.2. Remote Patient Monitoring |
| 9.1.3. Tele-ICUs |
| 9.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 9.2.1. Healthcare Providers |
| 9.2.2. Patients |
| 9.2.3. Employer Groups & Government Organizations |
| 9.2.4. Payers |
| 9.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 9.3.1. Germany |
| 9.3.2. UK |
| 9.3.3. France |
| 9.3.4. Spain |
| 9.3.5. Italy |
| 9.3.6. Russia |
| 9.3.7. Poland |
| 9.3.8. Rest of Europe |
| 9.4. Europe Remote HealthCare Market - Opportunity Analysis Index, By Service, By End User, and Country,2024 - 2030 |
| 9.5. Europe Remote HealthCare Market Dynamics Trends |
| 10. Asia-Pacific Remote HealthCare Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 10.1. Service Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. Real Time Virtual Health |
| 10.1.1.1. Video Communication |
| 10.1.1.2. Audio Communication |
| 10.1.1.3. Chat/Email Communication |
| 10.1.2. Remote Patient Monitoring |
| 10.1.3. Tele-ICUs |
| 10.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.2.1. Healthcare Providers |
| 10.2.2. Patients |
| 10.2.3. Employer Groups & Government Organizations |
| 10.2.4. Payers |
| 10.3. Country Analysis2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 10.3.1. Japan |
| 10.3.2. China |
| 10.3.3. India |
| 10.3.4. ASEAN |
| 10.3.5. Australia & New Zealand |
| 10.3.6. Rest of Asia-Pacific |
| 10.4. Asia-Pacific Remote HealthCare Market - Opportunity Analysis Index, By Service, By End User, and Country,2024 - 2030 |
| 10.5. Asia-Pacific Remote HealthCare Market Dynamics Trends |
| 11. Latin America Remote HealthCare Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 11.1. Service Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. Real Time Virtual Health |
| 11.1.1.1. Video Communication |
| 11.1.1.2. Audio Communication |
| 11.1.1.3. Chat/Email Communication |
| 11.1.2. Remote Patient Monitoring |
| 11.1.3. Tele-ICUs |
| 11.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.2.1. Healthcare Providers |
| 11.2.2. Patients |
| 11.2.3. Employer Groups & Government Organizations |
| 11.2.4. Payers |
| 11.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 11.3.1. Brazil |
| 11.3.2. Mexico |
| 11.3.3. Argentina |
| 11.3.4. Rest of Latin America |
| 11.4. Latin America Remote HealthCare Market - Opportunity Analysis Index, By Service, By End User, and Country,2024 - 2030 |
| 11.5. Latin America Remote HealthCare Market Dynamics Trends |
| 12. Middle East and Africa Remote HealthCare Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 12.1. Service Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. Real Time Virtual Health |
| 12.1.1.1. Video Communication |
| 12.1.1.2. Audio Communication |
| 12.1.1.3. Chat/Email Communication |
| 12.1.2. Remote Patient Monitoring |
| 12.1.3. Tele-ICUs |
| 12.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.2.1. Healthcare Providers |
| 12.2.2. Patients |
| 12.2.3. Employer Groups & Government Organizations |
| 12.2.4. Payers |
| 12.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 12.3.1. Gulf Cooperation Council (GCC) Countries |
| 12.3.2. Israel |
| 12.3.3. South Africa |
| 12.3.4. Rest of MEA |
| 12.4. MEA Remote HealthCare Market - Opportunity Analysis Index, By Service, By End User, and Country,2024 - 2030 |
| 12.5. MEA Remote HealthCare Market Dynamics Trends |
| 13. Competition Landscape |
| 13.1. Strategic Dashboard of Top Market Players |
| 13.2. Company Profiles (Introduction, Financial Analysis, End User& Service Offerings, Key Developments, Strategies, and SWOT Analysis) |
| 13.2.1. Abbott |
| 13.2.2. Advanced ICU Care |
| 13.2.3. AirStrip Technologies |
| 13.2.4. American Well |
| 13.2.5. AT&T |
| 13.2.6. BioTelemetry |
| 13.2.7. InTouch Technologies |
| 13.2.8. Koninklijke Philips |
| 13.2.9. Medtronic |
| 13.2.10. Teladoc Health |
| 14. Research Methodology |
| 15. Key Assumptions and Acronyms |
Key Market Players
Author
Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthcare domain, encompassing pharmaceuticals, medical devices, and diagnostics. A graduate in Pharmacy, he possesses a strong foundation in the intricacies of the healthcare sector. He further enhanced his expertise by pursuing an MBA in Pharmaceuticals, equipping him with valuable business acumen. His analytical skills and market insights have contributed to strategic decision-making and enhanced market positioning for various healthcare organizations. Committed to driving innovation and excellence, Muni continues to seek opportunities to improve healthcare delivery through data-driven insights.