Remote Healthcare Market to hit USD 24.74 Bn by 2029, Latest Advancements and Key Players

April 18 18:32 2023
Remote Healthcare Market to hit USD 24.74 Bn by 2029, Latest Advancements and Key Players
Remote Healthcare Market
Remote Healthcare Market size was valued at USD 7.14 Bn. in 2021 and the total Remote Healthcare revenue is expected to grow at a CAGR of 16.81% from 2022 to 2029, reaching nearly USD 24.74 Bn.

Pune, 18, April, 2023: Maximize Market Research, a Healthcare business research firm has published a report on the “Remote Healthcare Market”. The total market opportunity for Remote Healthcare was USD 7.14 Bn in 2021 and is expected to grow at 16.81 percent CAGR through the forecast period to reach USD 24.74 Bn by 2029.

Remote Healthcare Market Report Scope and Research Methodology

The report offers a detailed analysis of drivers, restraints, opportunities and challenges for the Remote Healthcare Market. Both primary and secondary data were thoroughly analyzed and combined in order to offer an accurate and error-free report and to estimate and authenticate global and regional Remote Healthcare Market size, the bottom-up approach was used.  The primary research employed includes email interactions, telephonic interviews and face-to-face interviews for detailed and unbiased reviews on the Remote Healthcare industry, while the secondary data were collected from official databases of various organizations and government sites, annual or financial reports, industry journals, etc. Furthermore, Porter’s Five Forces analysis explains buyers’ bargaining power, the threat of new entrants, suppliers’ bargaining power, the threat of substitutes and the degree of competition in the Remote Healthcare Market. SWOT analysis was used to provide the strengths, weaknesses, opportunities and challenges for the key players in the Remote Healthcare industry. PESTLE analysis employed helps to understand the Remote Healthcare Market from various different perspectives. 

Remote Healthcare Market Dynamics

The market is expected to be driven by the increasing use of smartphones, mHealth apps, digital healthcare and wearable technologies during the forecast period. The Remote Healthcare Market growth is also expected to be fuelled by the increasing number of government initiatives to implement healthcare planning and service delivery models in numerous regions across the world. The increasing burden of chronic diseases, the growing geriatric population and the shortage of healthcare resources are the factors that are also expected to drive the market in the future. The restraining factors for the market growth are the lack of skills to handle advanced equipment and high installation costs for ICT. 

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Remote Healthcare Market Regional Insights

In 2021, the North America region held the largest revenue share and is expected to grow at a CAGR of 16.8 percent during the forecast period. The US is expected to dominate the regional Remote Healthcare Market. This growth of the regional market is attributed to the increased prevalence of chronic diseases and reimbursement insurance for telehealth.

The Remote Healthcare Market in the Asia Pacific region is expected to grow at a high rate during the forecast period. The regional market is majorly driven by private and public sector initiatives such as research and development investments and awareness campaigns. 

Remote Healthcare Market Segmentation

By Service

    • Remote Patient Monitoring
    • Real-Time Virtual Health
  • Tele-ICU


By End-user

  • Payer
  • Provider
  • Patient
  • Employer Groups & Government Organizations


Remote Healthcare Market Key Competitors include:

  • Evernorth Health, Inc (US)
  • BioTelemetry (US)
  • Teladoc Health (US)
  • Vivify Health (US)
  • AirStrip Technologies (US)
  • InTouch Technologies (US)
  • American Well (US)
  • Cisco (US)
  • AMD Global Telemedicine (US)
  • Biotricity (US)
  • Babylon Inc (US)
  • Care Innovations, LLC (US)
  • Abbott Laboratories (US)
  • CERNER – oracle (US)
  • Medtronic Corporation (Ireland)
  • Aerotel Medical Systems (Israel)
  • (Israel)
  • Biotronik (Germany)
  • CallHealth Services Pvt Ltd (India)
  • COMARCH (Poland)
  • ALTIBBI (Jordan)


Table of Content for Remote Healthcare Market

  • Global Remote Healthcare Market: Research Methodology


  • Global Remote Healthcare Market: Executive Summary
  • Market Overview and Definitions
  • Introduction to Global Market
  • Summary
  • Key Findings
  • Recommendations for Investors
  • Recommendations for Market Leaders 
  • Recommendations for New Market Entry


  • Global Remote Healthcare Market: Competitive Analysis
  • MMR Competition Matrix
  • Market Structure by region
  • Competitive Benchmarking of Key Players
  • Consolidation in the Market
  • M&A by region
  • Key Developments by Companies
  • Market Drivers
  • Market Restraints
  • Market Opportunities 
  • Market Challenges
  • Market Dynamics
  • PORTERS Five Forces Analysis
  • Regulatory Landscape by region
  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • South America
  • COVID-19 Impact


  • Global Remote Healthcare Market Segmentation
  • Global Market, by Service (2021-2029)
  • Global Market, by End-user (2021-2029)


  • Regional Remote Healthcare Market (2021-2029)
  • Regional Market, by Service (2021-2029)
  • Regional Market, by End-user (2021-2029)
  • Regional Market, by Country (2021-2029)


  • Company Profile: Key players
  • Company Overview
  • Financial Overview
  • Global Presence
  • Capacity Portfolio
  • Business Strategy 
  • Recent Developments


Get the Sample PDF of Report: 

Key questions answered in the Remote Healthcare Market are:

  • What is the expected Remote Healthcare Market size by 2029?
  • What are the global trends in the Remote Healthcare Market?
  • What are the upcoming industry applications and trends for the Remote Healthcare Market?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for Remote Healthcare Market? 
  • How is the intervention from regulatory authority is shaping the Remote Healthcare Market?
  • What growth strategies are the players considering to increase their presence in Remote Healthcare?
  • Who are the leading companies and what are their portfolios in Remote Healthcare Market? 
  • What are the major challenges that the Remote Healthcare Market could face in the future? 
  • Who held the largest market share in Remote Healthcare Market? 


Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2021)
  • Past Pricing and price curve by region (2018 to 2021)
  • Market Size, Share, Size & Forecast by different segment | 2022−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Market Segmentation – A detailed analysis by Service, End-user and Region 
  • Competitive Landscape – Profiles of selected key players by region in a strategic perspective 
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis 
  • PORTER’s analysis 
  • Value chain and supply chain analysis 
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis 
  • Recommendations 


Maximize Market Research is leading Healthcare research firm, has also published the following reports:

Connected Healthcare Market – The market size is expected to reach USD 355.39 billion by 2029 at a CAGR of 27.12 percent during the forecast period. The market is expected to be driven by increasing technological development and rising healthcare awareness among medical professionals. 

Big Data Healthcare Market – The market size is expected to reach USD 107.58 billion by 2029 at a CAGR of 19.04 percent during the forecast period. The market is driven by the increasing adoption of wearable technologies.


About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical Services and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, Serviceion and demand analysis, and client impact studies.


Contact Maximize Market Research:

3rd Floor, Navale IT Park, Phase 2

Pune Banglore Highway, Narhe,

Pune, Maharashtra 411041, India

[email protected] 

+91 96071 95908, +91 9607365656

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Address:3rd Floor, Navale IT Park, Phase 2, Pune Banglore Highway, Narhe,
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