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Acute Care Telemedicine Market Share

Report ID: GMI12342
Published Date: Nov 2024
Report Format: PDF

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Acute Care Telemedicine Market Share

The market is characterized by intense competition among various healthcare technology providers and telemedicine specialists. The market landscape features a mix of established players, emerging startups, and healthcare organizations expanding their telemedicine capabilities. Key factors driving competition include technological innovation, service quality, integration capabilities with existing healthcare systems, and regulatory compliance. Companies are focusing on developing user-friendly platforms, enhancing data security, and improving the overall patient experience.

Partnerships with healthcare institutions and insurance providers are becoming increasingly important for market penetration. Philips Healthcare, a prominent player in this space, has been expanding its acute care telemedicine offerings through strategic acquisitions and product development. The market also sees competition from specialized telemedicine providers and traditional healthcare equipment manufacturers diversifying into digital health solutions. As the demand for remote acute care services continues to grow, competition is expected to intensify, potentially leading to market consolidation and innovative service offerings.

Acute Care Telemedicine Market Companies

Some of the eminent market participants operating in the acute care telemedicine industry include:

Access TeleCare
American Well
AMN Healthcare
Doctor On Demand by Included Health
Enghouse Video
GlobalMed Holdings
Klara Technologies
Koninklijke Philips
MDLIVE, an Evernorth company
Orbit Health
RelyMD
ScienceSoft USA Corporation
SynergenX
Teladoc Health
US Acute Care Solutions

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The global acute care telemedicine industry was valued at approximately USD 26.7 billion in 2024 and is estimated to grow at a 14.9% CAGR from 2025 to 2034, driven by the increasing adoption of digital technology for urgent medical care.

The clinician-to-patient segment generated USD 16.9 billion in revenue in 2024 and is expected to grow significantly due to its direct impact on patient care and the ability to provide real-time consultations and diagnoses.

The U.S. acute care telemedicine market recorded USD 7.9 billion in revenue in 2024 and is projected to witness substantial growth, supported by advanced healthcare infrastructure and high healthcare expenditure.

Key players in the market include Access TeleCare, American Well, AMN Healthcare, Doctor On Demand by Included Health, Enghouse Video, GlobalMed Holdings, Klara Technologies, Koninklijke Philips, MDLIVE (an Evernorth company), Orbit Health, and RelyMD.