United States Telehealth Market Report by Component (Software, Hardware, Service), Communication Technology (Video Conferencing, mHealth Solutions, and Others), Hosting Type (Cloud-Based and Web-Based, On-Premises), Application (Teleconsultation and Telementoring, Medical Education and Training, Teleradiology, Telecardiology, Tele-ICU, Tele-Psychiatry, Tele-Dermatology, and Others), End User (Providers, Patients, Payers, and Others), and Region 2024-2032

United States Telehealth Market Report by Component (Software, Hardware, Service), Communication Technology (Video Conferencing, mHealth Solutions, and Others), Hosting Type (Cloud-Based and Web-Based, On-Premises), Application (Teleconsultation and Telementoring, Medical Education and Training, Teleradiology, Telecardiology, Tele-ICU, Tele-Psychiatry, Tele-Dermatology, and Others), End User (Providers, Patients, Payers, and Others), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A10218
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Market Overview:

The United States telehealth market size is projected to exhibit a growth rate (CAGR) of 20.9% during 2024-2032. The increasing aging population, rising prevalence of different chronic health conditions, such as diabetes, obesity, cancer, and neurological and cardiovascular disorders, and the growing adoption of telehealth systems in radiology, cardiology, and online video consultation represent some of the key factors driving the market.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Growth Rate 2024-2032 20.9%


Telehealth refers to the delivery of healthcare services and information through electronic and telecommunication technologies. It allows healthcare providers to evaluate, diagnose, treat, and educate patients at a distance. It covers various remote healthcare services, including consultations, diagnosis, and monitoring. It provides patient education, health information dissemination, and professional health worker training remotely. It can be accessed using devices, such as smartphones, tablets, and computers. It aids in reducing the need for patients and healthcare professionals to travel for appointments and decrease carbon emissions, thereby contributing to environmental sustainability. It involves communication between patients and healthcare professionals via telephone, e-mail, video chats or conferences, and smartphone applications. Additionally, it facilitates online transmission of imaging and medical reports and decreases strain on the healthcare system. Besides this, it reduces the risk of disease transmission and offers significant cost savings. It is used by medical officers and healthcare professionals to train the medical staff and organize administrative meetings remotely. Moreover, as it addresses the lack of healthcare facilities in rural and underserved areas, the demand for telehealth services is increasing across the United States.

United States Telehealth Market Trends:

The increasing aging population and rising prevalence of several chronic health conditions, such as diabetes, obesity, cancer, and neurological and cardiovascular disorders, represent one of the key factors propelling the market growth. Additionally, there is an increase in the number of patients suffering from hospital-acquired infections (HAIs) during their hospital visits and admission period, which is encouraging patients to opt for telehealth services. Apart from this, improvements in telecommunication infrastructure, software, and wearable devices are enabling better telehealth services. Along with this, increasing consumer preferences for the convenience and efficiency of virtual visits is offering a favorable market outlook. Furthermore, the growing adoption of telehealth systems in radiology, cardiology, and online video consultation for the treatment of numerous medical problems that require continual medical supervision, is positively influencing the market. Additionally, the introduction of digital technology advancements allows consumers to monitor their health, book appointments online, and avail themselves of medical assistance remotely. Moreover, the launch of various wearable devices, such as smartwatches and fitness bands, to keep a regular check on calorie burns, physical activities, blood pressure, glycemic level, sleep patterns, and chronic pain in the body, is driving the market. Moreover, the leading market players in the United States are continuously investing in research and development (R&D) activities in the field of telecommunication technologies and medical sciences, which is stimulating the market growth.

United States Telehealth Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the United States telehealth market report, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on component, communication technology, hosting type, application, and end user.

Component Insights:

  • Software
  • Hardware
  • Service
     

The report has provided a detailed breakup and analysis of the market based on the component. This includes software, hardware, and service.

Communication Technology Insights:

  • Video Conferencing
  • mHealth Solutions
  • Others
     

A detailed breakup and analysis of the market based on communication technology has also been provided in the report. This includes video conferencing, mHealth solutions, and others.

Hosting Type Insights:

  • Cloud-Based and Web-Based
  • On-Premises
     

The report has provided a detailed breakup and analysis of the market based on the hosting type. This includes cloud-based and web-based and on-premises.

Application Insights:

  • Teleconsultation and Telementoring
  • Medical Education and Training
  • Teleradiology
  • Telecardiology
  • Tele-ICU
  • Tele-Psychiatry
  • Tele-Dermatology
  • Others
     

A detailed breakup and analysis of the market based on the application has also been provided in the report. This includes teleconsultation and telementoring, medical education and training, teleradiology, telecardiology, tele-ICU, tele-psychiatry, tele-dermatology, and others.

End User Insights:

  • Providers
  • Patients
  • Payers
  • Others
     

The report has provided a detailed breakup and analysis of the market based on end user. This includes providers, patients, payers, and others.

Regional Insights:

  • Northeast
  • Midwest
  • South
  • West
     

The report has also provided a comprehensive analysis of all the major regional markets, which include the Northeast, Midwest, South, and West.

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

United States Telehealth Market Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Scope of the Report Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment: 
  • Component
  • Communication Technology
  • Hosting Type
  • Application
  • End User
  • Region
Components Covered Software, Hardware, Service
Communication Technologies Covered Video Conferencing, mHealth Solutions, Others
Hosting Types Covered Cloud-Based and Web-Based, On-Premises
Applications Covered Teleconsultation and Telementoring, Medical Education and Training, Teleradiology, Telecardiology, Tele-ICU, Tele-Psychiatry, Tele-Dermatology, Others
End Users Covered Providers, Patients, Payers, Others
Regions Covered Northeast, Midwest, South, West
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

  • How has the United States telehealth market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the United States telehealth market?
  • What is the breakup of the United States telehealth market on the basis of component?
  • What is the breakup of the United States telehealth market on the basis of communication technology?
  • What is the breakup of the United States telehealth market on the basis of hosting type?
  • What is the breakup of the United States telehealth market on the basis of application?
  • What is the breakup of the United States telehealth market on the basis of end user?
  • What are the various stages in the value chain of the United States telehealth market?
  • What are the key driving factors and challenges in the United States telehealth market?
  • What is the structure of the United States telehealth market and who are the key players?
  • What is the degree of competition in the United States telehealth market?

Key Benefits for Stakeholders:

  • IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the United States telehealth market from 2018-2032.
  • The research study provides the latest information on the market drivers, challenges, and opportunities in the United States telehealth market.
  • Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the United States telehealth industry and its attractiveness.
  • Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
United States Telehealth Market Report by Component (Software, Hardware, Service), Communication Technology (Video Conferencing, mHealth Solutions, and Others), Hosting Type (Cloud-Based and Web-Based, On-Premises), Application (Teleconsultation and Telementoring, Medical Education and Training, Teleradiology, Telecardiology, Tele-ICU, Tele-Psychiatry, Tele-Dermatology, and Others), End User (Providers, Patients, Payers, and Others), and Region 2024-2032
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