Global Healthcare Tele-Consultation Services Market

Healthcare Tele-Consultation Services Market Size, Share, Growth Analysis, By Mode of Access(Voice Calls, Video Calls, Kiosks), By Type(Voice Calls, Video Calls, and Kiosks), By Application(Hospitals, Clinic, Others), By Region - Industry Forecast 2024-2031


Report ID: SQMIG35G2038 | Region: Global | Published Date: February, 2024
Pages: 277 | Tables: 90 | Figures: 76

Healthcare Tele-Consultation Services Market Regional Insights

In 2021, North America led the worldwide healthcare teleconsultation services market, and is expected to continue the same throughout the forecast period (2022–2028). This can be attributed to strong implementation of reimbursement policies and the penetration of healthcare insurance in the US and Canada are expected.

On the other hand, the Asia Pacific region is witnessing rapid expansion of healthcare tele-consultation services market, especially in countries such as China and India thanks to on-going efforts by the Indian government to digitalize the economy and improve the quality of services people can receive through digitalization. The government is primarily paying attention to improve healthcare infrastructure and make it affordable to general public through national insurance scheme.

 

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Healthcare Tele-Consultation Services Market size was valued at USD 67.34 billion in 2019 and is poised to grow from USD 83.5 billion in 2023 to USD 455.26 billion by 2031, growing at a CAGR of 24% in the forecast period (2024-2031).

The demand for telehealth consultation services is rising, as people are becoming more aware of the benefits of using technology to stay connected. This has led to a rise in the number of companies providing these services. Competition is fierce, and many companies are trying to get a foothold in the healthcare tele-consultation services market. One way that these companies are doing this is by offering lower prices than their competitors. They also offer more features and flexibility than most other providers. With the increased demand for healthcare tele-consultation services in the worldwide industry, the market players are expected to benefit from attractive growth prospects in the future. 'Teladoc Health', 'Doctor on Demand', 'Amwell', 'MDLive', 'Lemonaid Health', 'PlushCare', 'HealthTap', 'LiveHealth Online', 'iCliniq', 'Push Doctor', 'K Health', 'Maple', 'Babylon Health', 'SteadyMD', '98point6', 'Heal', 'Sherpaa Health', 'Medici', 'Virtuwell', 'Zocdoc'

One of the primary driving forces in the teleconsultation services industry is the rising cost of healthcare in developed countries. Teleconsultation services have enabled healthcare practitioners to treat non-emergency illnesses more efficiently and at a lower cost. Furthermore, with fewer people in hospitals and emergency rooms, clinicians can focus on critical acute situations.

Increasing prevalence of chronic diseases is a worldwide concern that is putting a burden on healthcare resources. Wherein, tele-homecare is emerging as a novel approach to providing care, monitoring a patient, and disseminating information that makes use of cutting-edge telecommunications technology.

 

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Global Healthcare Tele-Consultation Services Market

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