Telehealth Market 2022 Future Scope and Trends in the United States

 The global telehealth market size is anticipated to reach USD636.38 billion by 2028 and exhibit a CAGR of 32.1% during the forecast period. Rising adoption of telehealth services to combat the rapid spread of the COVID-19 infection will play a key role in boosting market growth. Fortune Business Insights™ presented this information in its report titled, “Telehealth Market, 2021-2028”. The market size stood at USD 144.38 billion in 2020.

Get PDF Brochure of this Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/telehealth-market-101065

Regional Analysis

Increasing Preference for Teleconsultation to Fuel Growth in North America

North America is anticipated to witness the highest growth in the global telehealth market share. The favorable health reimbursements and the growing preference for teleconsultation are anticipated to boost the market's growth. Additionally, the strategic presence of key players is likely to stimulate market growth.

Europe is expected to gain striking growth in the coming years due to the swift remote monitoring device adoption and the favorable regulatory scenario.

Surging Healthcare Costs to Propel Market Growth

The expanding geriatric population and the increasing prevalence of chronic diseases are expected to surge healthcare costs in the coming years. The Centers for Medicare and Medicaid Services projected an increase in the national healthcare expenditure in the U.S. from USD 3.81 trillion in 2019 to USD 4.01 trillion in 2020. Hence, the rising healthcare costs are anticipated to boost the global telehealth market growth.

Telehealth overcomes the distance barriers and ensures healthcare delivery across remote locations in developed and underdeveloped countries. The governments of numerous nations are forming policies and developing pilot projects to provide healthcare in rural areas. Hence, the increased government support is likely to boost the market growth.

A list of renowned telehealth providers operating in the global market:

  • American Well (Boston, U.S.)
  • MDLIVE Inc. (Sunrise, U.S)
  • Teladoc Health Inc. (Purchase, U.S.)
  • Doctor on Demand Inc. (San Francisco, U.S.)
  • Dictum Health Inc. (Oakland, U.S.)
  • Grand Rounds Inc. (San Francisco, U.S.)
  • OpenTeleHealth (Balticagade, Denmark)
  • Other Players

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