ILLUSTRATION ELEMENTS FROM ADOBE STOCK

2018 market $34.28 billion

2026 market $185.66 billion

23.5%: Compound annual growth rate (CAGR)

Key segments
  • Teleconsultation
  • Telecardiology
  • Teleradiology
  • Telepathology
  • Teledermatology
  • Telehome health
  • Teleoncology
Market drivers
  • Rural area demand for better healthcare
  • Growth in telecommunications
  • Prevalence of chronic diseases
  • Wearable, connected devices
  • Electronic health record (EHR) integration
  • Initiatives to lower cost of healthcare
  • Mobile communication apps
Major players
  • AMD Global Telemedicine
  • Apollo Hospitals
  • Cloudvisit Telemedicine
  • GE Healthcare
  • Haemonetics
  • Maestros Telemedicine
  • Medisoft Telemedicine
  • Philips Healthcare
  • Reach Health
  • SnapMD Telemedicine Technology

Source: https://www.fortunebusinessinsights.com