The Telehealth market in North America is projected to achieve a Compound Annual Growth Rate (CAGR) of 22.8% from 2023 to 2030, reaching an estimated value of $273.29 billion by 2030. The evolution of Telehealth has been rapid in recent years, driven by advancements in technology such as high-speed communication networks, improved storage, security, application development, mobile technology, cloud computing, and digitization. These factors have transformed the adoption of telehealth, making it an integral part of the healthcare industry. This integration allows hospitals, physicians, payers, and employer groups to cut costs while enhancing the quality of care.
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Top 10 Companies in the North America Telehealth Market:
AMD Global Telemedicine, Inc.:
Founded in 1991, based in Massachusetts, U.S.
Specializes in clinical telemedicine equipment and technology.
Offers solutions for the entire patient encounter experience, including carts/systems, specialized medical devices/equipment, and encounter management software.
Presence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
American Well:
Founded in 2006, based in Massachusetts, U.S.
Provides software, services, and clinical access to various entities.
Leading provider of telemedicine services in the U.S.
Facilitates live, on-demand video visits between doctors and patients.
Acquired Avizia, a hospital telehealth company, in April 2018.
Care Innovations, LLC:
Founded in 2010, headquartered in California, U.S.
A wholly-owned subsidiary of Intel Corporation.
Connects the care continuum to the home, offering in-home management platform applications.
Focuses on managing medical conditions and assisting elderly patients.
Provides products and solutions to healthcare organizations in the U.S.
Cerner Corporation:
Founded in 1979, headquartered in North Kansas City, Missouri, U.S.
Actively involved in building intelligent solutions and services for the healthcare industry.
Operates through four business segments – Services, System Sales, Support and Maintenance, and Reimbursed Travel.
Provides technologies connecting people and systems with a global presence.
Cisco Systems, Inc.:
Founded in 1984, headquartered in California, U.S.
Develops, manufactures, and sells Internet Protocol (IP) based networking hardware and telecommunications equipment.
Provides solutions across various industries, including healthcare, with a global presence.
Doctor on Demand, Inc.:
Founded in 2013, headquartered in California, U.S.
Enables patients to connect with board-certified physicians for various medical, pediatric, and mental health conditions.
Offers video telemedicine solutions for on-demand and scheduled visits via smartphones, tablets, or computers.
Develops solutions for employers, health plans, retail clinics, and health systems.
Honeywell Life Care Solutions:
Founded in 1999, headquartered in Wisconsin, U.S.
Develops and delivers digital health technologies for healthcare systems, payors, employers, and individuals.
Offers remote patient monitoring solutions from telehealth to telecare.
Presence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
InTouch Technologies, Inc.:
Founded in 2002, headquartered in California, U.S.
Operates as InTouch Health, providing technology-enabled solutions for virtual clinical care delivery.
Offers a software solution, Viewpoint, allowing consumer smart devices to be used with the InTouch Telehealth Network.
Provides cloud-based network and virtual care solutions globally.
MDLIVE Inc.:
Founded in 2006, headquartered in Florida, U.S.
Provides access to board-certified physicians and licensed therapists through a secure online video and phone network technology platform.
Offers telemedicine services designed to replace ER or urgent care visits for non-emergency issues.
Presence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
Medtronic PLC:
Founded in 1949, headquartered in Minnesota, U.S.
A leading medical technology, services, and solutions provider.
Offers a wide range of medical equipment for various healthcare needs.
Added telehealth services to its portfolio with the acquisition of telehealth firm Cardiocom in August 2013.
Presence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
Popular Mentioned Companies: Koninklijke Philips N.V., Polycom, Inc., Sherpaa, Siemens AG, SnapMD, Inc., and Teladoc, Inc., Vidyo, Inc., and Zipnosis.
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Authoritative Research on the North America Telehealth Market – Opportunity Analysis and Industry Forecast (2018-2024) by Meticulous Research® offers detailed insights into the financial performance, key products, company strategies, partnerships, and acquisitions of these companies. The comprehensive report provides global market size estimates, market share analysis, revenue numbers, and coverage of key issues and trends.
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