Major market players operating in the remote healthcare market include
Koninklijke Philips
Teladoc Health
Medtronic
InTouch Technologies
Authors:
Mariam Faizullabhoy, Gauri Wani
Frequently Asked Questions (FAQ) :
Remote healthcare market size was USD 6.7 billion in 2022 and is estimated to be valued at USD 33.5 billion by end of 2032 due to increasing adoption of telemedicine and virtual health solutions
The provider end-user segment is expected to register USD 17.8 billion in revenue by 2032 driven by growing adoption of telehealth services as well as virtual care platforms.
The remote patient monitoring service segment recorded 46.1% of the market share in 2022 and will witness robust growth through 2032 owing to the rising need to enable proactive and personalized care.
North America held over 40.4% of the market share in 2022 and is anticipated to witness considerable growth through 2032 due to the surging healthcare expenditure coupled with higher implementation of novel technologies for efficient functioning in the region.