- mHealth
- tele-ICUs
- Virtual Health
- Audio Visits
- Video Visits
- Chat Consultants
Remote Healthcare Market Size was valued at USD 7.0 billion in 2022 and is poised to grow at a CAGR 18.6% from 2023 to 2029. owing to increase in the use of mobile and wireless technologies and growing demand for mHealth services coupled with advancements in technology and launch of new services in global tele-ICUs market are the major factors that are driving the growth of the market. Moreover, the increase in collaboration partnerships and planning between healthcare service providers and various government organizations to meet the requirements and offer sustainable healthcare services in remote locations is propelling the growth of the market. A telemedicine service that uses a mobile device to continuously monitor a patient's condition and performance outside of a medical facility is known as remote healthcare. It minimises hospitalisation time, eases the stress on medical workers, increases treatment efficacy, and provides medical facilities with daily updates on patient medical data. It shortens the time it takes for patients to be admitted, allows for treatment in a comfortable home setting, allows for rapid and direct communication with medical staff, reduces reaction time, improves therapeutic efficacy, and gives patients access to their own medical data. Global remote healthcare market is surging owing strategic collaborations and partnerships with various government organizations to meet the requirements and offer sustainable healthcare services in the remote locations of the country.
Remote Healthcare Market Key Developments:
In June 2020, AdventHealth Ottawa collaborated with Advanced ICU Care, a tele ICU provider based in the U.S., to implement tele-ICU.
Global Remote Healthcare Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
18.6%
Largest Market
North America
Fastest Growing Market
North America
Remote Healthcare Market Dynamics
Based on Service, mHealth segment is expected to grow at highest CAGR over the forecast years owing to the rising adoption of smartphones and smart gadgets and the growing preference towards the self-management of diseases are fueling the demand for mHealth services in the global market. Government initiatives for favorable reimbursement policies and increased awareness about disease management will have a positive impact on the growth of the global mHealth market.
North-America Got Significant Share
Remote Healthcare Market Regional Analysis
North America accounted for larger revenue share in global remote healthcare market with significant CAGR due to the lucrative reimbursement policy introduced by the government agencies promoting the use of telemedicine and virtual health services is driving the market in North America. Moreover, the increasing investments in R&D and technological innovations will help major players in the North American region occupy a larger market share over the next few years.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The remote healthcare market report provides granular level information about the market size, regional market share, historic market (2018-2022) and forecast (2023-2029)
- The remote healthcare market report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The remote healthcare market report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The remote healthcare market report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The remote healthcare market report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Global Remote Healthcare Market Segmentation
By Service
By End User
- Hospitals & Medical Centers
- Private Specialist Clinics
- Other Medical Service Providers
By Geography
North America
- US
- Canada
Europe
- Germany
- France
- UK
- Italy
- Spain
- Russia
- Poland
- Rest of Europe
Asia-Pacific
- Japan
- China
- India
- Australia & New Zealand
- ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Argentina
- Venezuela
- Rest of Latin America
Middle East and Africa (MEA)
- Gulf Cooperation Council (GCC) Countries
- Israel
- South Africa
- Rest of MEA
Frequently Asked Questions
The remote healthcare market is projected to expand at a CAGR of 18.6% during the forecast period.
The major players in the global remote healthcare market are ???Advanced ICU Care, BioTelemetry, Koninklijke Philips, Teladoc Health, Vivify Health, AirStrip Technologies, Medtronic, InTouch Technologies, American Well, and Resideo Life Care Solutions.
North America is the fastest-growing region for remote healthcare market
| 1. Executive Summary |
| 2. Global Remote HealthCare Market Introduction |
| 2.1. Global Remote HealthCare Market Taxonomy |
| 2.2. Global Remote HealthCare Market Definitions |
| 2.2.1. By Service |
| 2.2.2. By End User |
| 3. Global Remote HealthCare Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Remote HealthCare Market Dynamic Factors - Impact Analysis |
| 3.6. Global Remote HealthCare Market Competition Landscape |
| 4. Global Remote HealthCare Market Analysis,2018 - 2022 and Forecast, 2023 - 2029 |
| 4.1. Market Analysis,2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Remote HealthCare Market, By Service, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)Â |
| 5.1. Real Time Virtual Health |
| 5.1.1. Video Communication |
| 5.1.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.1.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.1.3. Market Opportunity Analysis |
| 5.1.2. Audio Communication |
| 5.1.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.1.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.2.3. Market Opportunity Analysis |
| 5.1.3. Chat/Email Communication |
| 5.1.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.1.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3.3. Market Opportunity Analysis |
| 5.2. Remote Patient Monitoring |
| 5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Tele-ICUs |
| 5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 6. Global Remote HealthCare Market Forecast, By End User, 2018 - 2022 and Forecast, 2020 2026 (Revenue, USD Mn)Â |
| 6.1. Healthcare Providers |
| 6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Patients |
| 6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Employer Groups & Government Organizations |
| 6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Payers |
| 6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 7. Global Remote HealthCare Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)Â |
| 7.1. North America |
| 7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Europe |
| 7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Asia-Pacific |
| 7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Latin America |
| 7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Middle East and Africa |
| 7.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. Global Remote HealthCare Market - Opportunity Analysis Index, By Service, By End User, and Region, 2023 - 2029 |
| 8. North America Remote Health CareMarketAnalysis,2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)Â |
| 8.1. Service Analysis 2018 - 2022 and Forecast 2023 - 2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1. Real Time Virtual Health |
| 8.1.1.1. Video Communication |
| 8.1.1.2. Audio Communication |
| 8.1.1.3. Chat/Email Communication |
| 8.1.2. Remote Patient Monitoring |
| 8.1.3. Tele-ICUs |
| 8.2. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 8.2.1. Healthcare Providers |
| 8.2.2. Patients |
| 8.2.3. Employer Groups & Government Organizations |
| 8.2.4. Payers |
| 8.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 8.3.1. USA |
| 8.3.2. Canada |
| 8.4. North America Remote HealthCare Market - Opportunity Analysis Index, By Service, By End User, and Country, 2023 - 2029 |
| 8.5. North America Remote HealthCare Market Dynamics Trends |
| 9. Europe Remote HealthCare Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)Â |
| 9.1. Service Analysis 2018 - 2022 and Forecast 2023 - 2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1. Real Time Virtual Health |
| 9.1.1.1. Video Communication |
| 9.1.1.2. Audio Communication |
| 9.1.1.3. Chat/Email Communication |
| 9.1.2. Remote Patient Monitoring |
| 9.1.3. Tele-ICUs |
| 9.2. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 9.2.1. Healthcare Providers |
| 9.2.2. Patients |
| 9.2.3. Employer Groups & Government Organizations |
| 9.2.4. Payers |
| 9.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 9.3.1. Germany |
| 9.3.2. UK |
| 9.3.3. France |
| 9.3.4. Spain |
| 9.3.5. Italy |
| 9.3.6. Russia |
| 9.3.7. Poland |
| 9.3.8. Rest of Europe |
| 9.4. Europe Remote HealthCare Market - Opportunity Analysis Index, By Service, By End User, and Country,2023 - 2029 |
| 9.5. Europe Remote HealthCare Market Dynamics Trends |
| 10. Asia-Pacific Remote HealthCare Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)Â |
| 10.1. Service Analysis 2018 - 2022 and Forecast 2023 - 2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. Real Time Virtual Health |
| 10.1.1.1. Video Communication |
| 10.1.1.2. Audio Communication |
| 10.1.1.3. Chat/Email Communication |
| 10.1.2. Remote Patient Monitoring |
| 10.1.3. Tele-ICUs |
| 10.2. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.2.1. Healthcare Providers |
| 10.2.2. Patients |
| 10.2.3. Employer Groups & Government Organizations |
| 10.2.4. Payers |
| 10.3. Country Analysis2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 10.3.1. Japan |
| 10.3.2. China |
| 10.3.3. India |
| 10.3.4. ASEAN |
| 10.3.5. Australia & New Zealand |
| 10.3.6. Rest of Asia-Pacific |
| 10.4. Asia-Pacific Remote HealthCare Market - Opportunity Analysis Index, By Service, By End User, and Country,2023 - 2029 |
| 10.5. Asia-Pacific Remote HealthCare Market Dynamics Trends |
| 11. Latin America Remote HealthCare Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)Â |
| 11.1. Service Analysis 2018 - 2022 and Forecast 2023 - 2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. Real Time Virtual Health |
| 11.1.1.1. Video Communication |
| 11.1.1.2. Audio Communication |
| 11.1.1.3. Chat/Email Communication |
| 11.1.2. Remote Patient Monitoring |
| 11.1.3. Tele-ICUs |
| 11.2. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.2.1. Healthcare Providers |
| 11.2.2. Patients |
| 11.2.3. Employer Groups & Government Organizations |
| 11.2.4. Payers |
| 11.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 11.3.1. Brazil |
| 11.3.2. Mexico |
| 11.3.3. Argentina |
| 11.3.4. Rest of Latin America |
| 11.4. Latin America Remote HealthCare Market - Opportunity Analysis Index, By Service, By End User, and Country,2023 - 2029 |
| 11.5. Latin America Remote HealthCare Market Dynamics Trends |
| 12. Middle East and Africa Remote HealthCare Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)Â |
| 12.1. Service Analysis 2018 - 2022 and Forecast 2023 - 2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. Real Time Virtual Health |
| 12.1.1.1. Video Communication |
| 12.1.1.2. Audio Communication |
| 12.1.1.3. Chat/Email Communication |
| 12.1.2. Remote Patient Monitoring |
| 12.1.3. Tele-ICUs |
| 12.2. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.2.1. Healthcare Providers |
| 12.2.2. Patients |
| 12.2.3. Employer Groups & Government Organizations |
| 12.2.4. Payers |
| 12.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 12.3.1. Gulf Cooperation Council (GCC) Countries |
| 12.3.2. Israel |
| 12.3.3. South Africa |
| 12.3.4. Rest of MEA |
| 12.4. MEA Remote HealthCare Market - Opportunity Analysis Index, By Service, By End User, and Country,2023 - 2029 |
| 12.5. MEA Remote HealthCare Market Dynamics Trends |
| 13. Competition Landscape |
| 13.1. Strategic Dashboard of Top Market Players |
| 13.2. Company Profiles (Introduction, Financial Analysis, End User& Service Offerings, Key Developments, Strategies, and SWOT Analysis) |
| 13.2.1. Abbott |
| 13.2.2. Advanced ICU Care |
| 13.2.3. AirStrip Technologies |
| 13.2.4. American Well |
| 13.2.5. AT&T |
| 13.2.6. BioTelemetry |
| 13.2.7. InTouch Technologies |
| 13.2.8. Koninklijke Philips |
| 13.2.9. Medtronic |
| 13.2.10. Teladoc Health |
| 14. Research Methodology |
| 15. Key Assumptions and Acronyms |
- Medtronic
- Teladoc
- American Well
- Airstrip Technologies
- BioTelemetry/LifeWatch
- InTouch Health
- United HealthCare Services
- Celtic Healthcare
- Abbott
- Advanced ICU Care
- AT&T
- Koninklijke Philips