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U.S. Virtual Care Market Share

Report ID: GMI11229
Published Date: Sep 2024
Report Format: PDF

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U.S. Virtual Care Market Share

The U.S. virtual care industry is highly competitive, with major tech companies and startups vying for market share. Key strategies include introducing advancements such as high-definition video, AI-powered diagnostic tools, and seamless integration with electronic health records (EHRs). Leading companies drive innovation through significant investments in technology and research. Additionally, strategic alliances, partnerships, and acquisitions are crucial for expanding market reach and improving services as regulations evolve and patient demand for accessible, efficient care increases.

U.S. Virtual Care Market Companies

Some of the eminent market participants operating in the U.S. virtual care industry include:

American Well Corporation
AMD Global Telemedicine
CareClix, Inc.
CVS Health Corporation
Included Health, Inc.
HealthTap, Inc.
iCliniq
Koninklijke Philips N.V.
Oracle Corporation
Sesame, Inc.
Siemens Healthineers AG
Teladoc Health, Inc.
The Cigna Group
UnitedHealth Group
Virtuwell

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

U.S. virtual care industry size was USD 7.1 billion in 2023 and is estimated to grow at 29.2% CAGR from 2024 to 2032 due to strong need for delivery of healthcare services and consultations through digital communication technologies, allowing patients to interact with healthcare providers remotely.

The telehealth service type segment recorded USD 3 billion in 2023 due to adoption for breaking down geographical barriers, granting patients in remote or underserved areas access to essential healthcare services

U.S. virtual care market from the synchronous virtual care delivery mode segment was valued at USD 5.1 billion in 2023 as it facilitates real-time communication, allowing for instant feedback, diagnoses, and treatment recommendations

American Well Corporation, AMD Global Telemedicine, CareClix, Inc., CVS Health Corporation, Included Health, Inc., HealthTap, Inc., iCliniq, Koninklijke Philips N.V., and Oracle Corporation, among others