US Telemedicine Market

US Telemedicine Market Size, Share, Growth Analysis, By Service(Tele-consulting, Tele-monitoring, Tele-education/training, Others), By Type(Telehospital, Telehome), By Specialty(Cardiology, Gynecology, Neurology, Orthopedics), By Component(Hardware, Software, Service), By Delivery Mode(Web/Mobile, Telephonic, Visualized) - Industry Forecast 2024-2031


Report ID: UCMIR35D2039 | Region: Regional | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

US Telemedicine Market Insights

Market Overview:

The U.S. Telemedicine Market had a value of over USD 35 billion in 2022 and is expected to grow at a CAGR of 12.5% between 2023 and 2032, fueled by the growing number of patients suffering from chronic illnesses. The rising incidence of diseases such as cancer, diabetes, and heart disease, among others, due to unhealthy habits and sedentary lifestyles, including alcohol consumption and smoking, is driving the adoption of telemedicine services in the United States.

US Telemedicine Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Services by segment aggregation, the contribution of the Health Care Services in Health Care Equipment & Services and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for US Telemedicine was estimated to be valued at US$ XX Mn in 2021.

The US Telemedicine Market is estimated to grow at a CAGR of XX% by 2028.

The US Telemedicine Market is segmented on the basis of Service, Type, Specialty, Component, Delivery Mode.

Based on region, the US Telemedicine Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the US Telemedicine Market are Allscripts Healthcare Solutions Inc, AMD Telemedicine, Inc., American Well, Oracle Corporation (Cerner), Cisco, Eagle Telemedicine, Honeywell International Inc., Koninklijke Philips N.V., McKesson Corporation, OBS Medical .

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US Telemedicine Market

Report ID: UCMIR35D2039

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