The global telehealth market is expected to go from $80.53
billion in 2021 to $102.42 billion in 2022 at a compound annual growth rate
(CAGR) of 27.2%.
The change in growth trend is mainly due to the companies
stabilizing their output after catering to the demand that grew exponentially
during the COVID-19 pandemic in 2021.
The market is expected to reach $271.69
billion in 2026 at a CAGR of 27.6%.
Technologies comprise streaming media, teleconferencing,
web, store-and-forward imaging, terrestrial and wireless communications.
Europe’s telehealth market accounted for $6,185.4 million
health expenditures in 2019 and will grow by 18.9% annually over 2020-2030
owing to shortage of physicians, advancements in telecommunications, and need
to expand healthcare access and improve healthcare quality amid COVID-19
pandemic and staying-at-home orders.