Telehealth and telemedicine market set to double by 2030 amid digital care shift

The global telehealth and telemedicine market is on track to soar from $83.6bn in 2023 to $180.9bn by 2030, driven by rising chronic disease rates, healthcare access gaps, and a wave of digital transformation across global systems. With an 11.5% CAGR, the sector is fast becoming the backbone of modern care delivery.

Software-led solutions are dominating, as healthcare providers invest in scalable platforms for virtual consultations, remote monitoring, and AI-powered diagnostics. Adults are emerging as the largest user group, propelled by chronic condition management and digital adoption.

Major players like Philips, Medtronic, GE Healthcare, and Oracle are leading the charge with strategic partnerships and integrated solutions reshaping care delivery across regions. But regulatory hurdles, fraud concerns, and user resistance remain key barriers to address.

Dive into the full analysis and discover what’s driving growth across the virtual healthcare landscape.