PUBLISHER: Grand View Research | PRODUCT CODE: 1630944
PUBLISHER: Grand View Research | PRODUCT CODE: 1630944
U.S. Telemedicine Market Size, Share & Trends Analysis Report By Component (Products, Services), By Modality, By Application (Teleradiology, Telepsychiatry), By Delivery Mode, By Facility, By End Use, By Country, And Segment Forecasts, 2025 - 2030
U.S. Telemedicine Market Size & Trends:
The U.S. telemedicine market size was estimated at USD 35.51 billion in 2024 and is expected to expand at a CAGR of 16.1% from 2025 to 2030. This growth is driven by factors such as strategic initiatives from key companies and a rise in healthcare consumerism. In addition, the increasing adoption of telemedicine by healthcare providers, growing patient acceptance, and consumer demand are expected to enhance the quality of care and contribute significantly to the telemedicine industry growth during the forecast period. For instance, according to a report from Rock Health published in February 2023, 80% of individuals have used a telemedicine service at least once in their lifetime. Furthermore, according to McKinsey's Consumer Health Insights survey from November 2021, 55% of patients reported greater satisfaction with telehealth or virtual care visits compared to traditional in-person appointments.
Growing adoption of smartphones by consumers is driving U.S. telemedicine industry growth. As of 2023, the Demandsage report indicates that 82.2% of individuals in the U.S. owned smartphones. Furthermore, continuous advancement in network infrastructure and growing network coverage are boosting the demand for telemedicine services. According to the Kepios analysis, in January 2024, there were 331.1 million people using the internet in the U.S. The internet penetration rate in the U.S. reached 97.1% of the total population at the beginning of 2024. The analysis from Kepios shows that the number of internet users in the USA grew by 1.8 million (+0.5 percent) from January 2023 to January 2024.
In addition, limited healthcare availability in isolated regions is anticipated to be a significant factor propelling market expansion throughout the projected timeframe. For instance, in February 2024, Theresa Greenfield, the State Director of USDA Rural Development in Iowa, revealed that the Agency is allocating USD 1.8 million through three grants to enhance telemedicine and distance learning services, aiming to improve access to educational, training, and healthcare resources that are often limited or inaccessible in rural areas of Iowa.
In addition, developing economies with shortage of healthcare resources are using digital technologies to meet their healthcare needs. According to the National Center for Health Workforce Analysis, as of November 2023, around 102 million individuals reside in primary care Health Professional Shortage Areas (HPSAs), while 77 million individuals live in dental health HPSAs. In total, 167 million people, nearly half of the U.S. population, inhabit mental health HPSAs. The growing number of individuals residing in Health Professional Shortage Areas is expected to contribute to market growth. Moreover, rapid advancements in technology are expected to further boost the demand for online consultation, thereby contributing to market growth of telemedicine solutions and services over the forecast period.
U.S. Telemedicine Market Report Segmentation
This report forecasts revenue growth at country level and provides an analysis on industry trends in each of the sub segments from 2018 to 2030. For the purpose of this study, Grand View Research, Inc. has segmented the U.S. telemedicine market report on the basis of component, modality, application, delivery model, facility, and end user:
- Component Outlook (Revenue, USD Billion, 2018 - 2030)
- Product
- Hardware
- Software
- Others
- Services
- Tele-consulting
- Tele-monitoring
- Tele-education
- Modality Outlook (Revenue, USD Billion, 2018 - 2030)
- Store and forward
- Real time
- Others
- Application Outlook (Revenue, USD Billion, 2018 - 2030)
- Teleradiology
- Telepsychiatry
- Telepathology
- Teledermatology
- Telecardiology
- Others
- Delivery Mode Outlook (Revenue, USD Billion, 2018 - 2030)
- Web/Mobile
- Audio/Text-based
- Visualized
- Call Centers
- Facility Outlook (Revenue, USD Billion, 2018 - 2030)
- Tele-hospital
- Tele-home
- End Use Outlook (Revenue, USD Billion, 2018 - 2030)
- Providers
- Payers
- Patients
- Others
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.1.1. Segment scope
- 1.1.2. Country scope
- 1.1.3. Estimates and forecast timeline
- 1.2. Research Methodology
- 1.3. Information Procurement
- 1.3.1. Purchased database
- 1.3.2. GVR's internal database
- 1.3.3. Secondary sources
- 1.3.4. Primary research
- 1.3.5. Details of primary research
- 1.4. Information or Data Analysis
- 1.4.1. Data analysis models
- 1.5. Market Formulation & Validation
- 1.6. Model Details
- 1.7. Research Assumptions
- 1.8. List of Secondary Sources
- 1.9. List of Primary Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.2.1. Component outlook
- 2.2.2. Modality outlook
- 2.2.3. Application outlook
- 2.2.4. Delivery outlook
- 2.2.5. Facility outlook
- 2.2.6. End use outlook
- 2.3. Competitive Insights
Chapter 3. U.S. Telemedicine Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent market outlook
- 3.1.2. Ancillary market outlook
- 3.2. Market Dynamics
- 3.2.1. Market driver analysis
- 3.2.2. Market restraint analysis
- 3.3. Telemedicine: Market Analysis Tools
- 3.3.1. Industry Analysis - Porter's
- 3.3.2. PESTLE Analysis
- 3.4. Case Study Analysis
Chapter 4. U.S. Telemedicine Market: Component Estimates & Trend Analysis
- 4.1. Component Market Share, 2024 & 2030
- 4.2. Segment Dashboard
- 4.3. U.S. Telemedicine Market by Component Outlook
- 4.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
- 4.4.1. Product
- 4.4.1.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 4.4.1.2. Hardware
- 4.4.1.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 4.4.1.3. Software
- 4.4.1.3.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 4.4.1.4. Others
- 4.4.1.4.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 4.4.2. Services
- 4.4.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 4.4.2.2. Tele-consulting
- 4.4.2.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 4.4.2.3. Tele-education
- 4.4.2.3.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 4.4.2.4. Tele-monitoring
- 4.4.2.4.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 4.4.1. Product
Chapter 5. U.S. Telemedicine Market: Modality Estimates & Trend Analysis
- 5.1. Modality Market Share, 2023 & 2030
- 5.2. Segment Dashboard
- 5.3. U.S. Telemedicine Market by Modality Outlook
- 5.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
- 5.4.1. Store and forward
- 5.4.1.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 5.4.2. Real time
- 5.4.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 5.4.3. Others
- 5.4.3.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 5.4.1. Store and forward
Chapter 6. U.S. Telemedicine Market: Application Estimates & Trend Analysis
- 6.1. Application Market Share, 2023 & 2030
- 6.2. Segment Dashboard
- 6.3. U.S. Telemedicine Market by Application Outlook
- 6.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
- 6.4.1. Teleradiology
- 6.4.1.1. Market estimates and forecasts 2018 to 2030 (USD million)
- 6.4.2. Telepsychiatry
- 6.4.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 6.4.3. Telepathology
- 6.4.3.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 6.4.4. Teledermatology
- 6.4.4.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 6.4.5. Telecardiology
- 6.4.5.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 6.4.6. Others
- 6.4.6.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 6.4.1. Teleradiology
Chapter 7. U.S. Telemedicine Market: Delivery Mode Estimates & Trend Analysis
- 7.1. Delivery Mode Market Share, 2023 & 2030
- 7.2. Segment Dashboard
- 7.3. U.S. Telemedicine Market by Delivery Mode Outlook
- 7.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
- 7.4.1. Web/Mobile
- 7.4.1.1. Market estimates and forecasts 2018 to 2030 (USD million)
- 7.4.1.2. Audio/Text-based
- 7.4.1.2.1. Market estimates and forecasts 2018 to 2030 (USD million)
- 7.4.1.3. Visualized
- 7.4.1.3.1. Market estimates and forecasts 2018 to 2030 (USD million)
- 7.4.2. Call Centers
- 7.4.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 7.4.1. Web/Mobile
Chapter 8. U.S. Telemedicine Market: Facility Estimates & Trend Analysis
- 8.1. Facility Market Share, 2023 & 2030
- 8.2. Segment Dashboard
- 8.3. U.S. Telemedicine Market by Facility Outlook
- 8.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
- 8.4.1. Tele-hospital
- 8.4.1.1. Market estimates and forecasts 2018 to 2030 (USD million)
- 8.4.2. Tele-home
- 8.4.2.1. Market estimates and forecasts 2018 to 2030 (USD million)
- 8.4.1. Tele-hospital
Chapter 9. U.S. Telemedicine Market: End Use Estimates & Trend Analysis
- 9.1. End Use Market Share, 2023 & 2030
- 9.2. Segment Dashboard
- 9.3. U.S. Telemedicine Market by End Use Outlook
- 9.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
- 9.4.1. Providers
- 9.4.1.1. Market estimates and forecasts 2018 to 2030 (USD million)
- 9.4.2. Payers
- 9.4.2.1. Market estimates and forecasts 2018 to 2030 (USD million)
- 9.4.3. Patients
- 9.4.3.1. Market estimates and forecasts 2018 to 2030 (USD million)
- 9.4.4. Others
- 9.4.4.1. Market estimates and forecasts 2018 to 2030 (USD million)
- 9.4.1. Providers
Chapter 10. Competitive Landscape
- 10.1. Recent Developments & Impact Analysis, By Key Market Participants
- 10.2. Company Categorization
- 10.3. Company Profiles
- 10.3.1. MDlive, Inc. (Evernorth)
- 10.3.1.1. Company overview
- 10.3.1.2. Financial performance
- 10.3.1.3. Product benchmarking
- 10.3.1.4. Strategic initiatives
- 10.3.2. American Well Corporation
- 10.3.2.1. Company overview
- 10.3.2.2. Financial performance
- 10.3.2.3. Product benchmarking
- 10.3.2.4. Strategic initiatives
- 10.3.3. Twilio Inc.
- 10.3.3.1. Company overview
- 10.3.3.2. Financial performance
- 10.3.3.3. Product benchmarking
- 10.3.3.4. Strategic initiatives
- 10.3.4. Teladoc Health, Inc.
- 10.3.4.1. Company overview
- 10.3.4.2. Financial performance
- 10.3.4.3. Product benchmarking
- 10.3.4.4. Strategic initiatives
- 10.3.5. Doctor On Demand, Inc. (Included Health)
- 10.3.5.1. Company overview
- 10.3.5.2. Financial performance
- 10.3.5.3. Product benchmarking
- 10.3.5.4. Strategic initiatives
- 10.3.6. Zoom Video Communications, Inc.
- 10.3.6.1. Company overview
- 10.3.6.2. Financial performance
- 10.3.6.3. Product benchmarking
- 10.3.6.4. Strategic initiatives
- 10.3.7. SOC Telemed, Inc.
- 10.3.7.1. Company overview
- 10.3.7.2. Financial performance
- 10.3.7.3. Product benchmarking
- 10.3.7.4. Strategic initiatives
- 10.3.8. NXGN Management, LLC
- 10.3.8.1. Company overview
- 10.3.8.2. Financial performance
- 10.3.8.3. Product benchmarking
- 10.3.8.4. Strategic initiatives
- 10.3.9. HP Development Company, L.P.
- 10.3.9.1. Company overview
- 10.3.9.2. Financial performance
- 10.3.9.3. Product benchmarking
- 10.3.9.4. Strategic initiatives
- 10.3.10. Practo
- 10.3.10.1. Company overview
- 10.3.10.2. Financial performance
- 10.3.10.3. Product benchmarking
- 10.3.10.4. Strategic initiatives
- 10.3.11. VSee
- 10.3.11.1. Company overview
- 10.3.11.2. Financial performance
- 10.3.11.3. Product benchmarking
- 10.3.11.4. Strategic initiatives
- 10.3.1. MDlive, Inc. (Evernorth)
List of Tables
- Table 1. List of secondary sources
- Table 2. List of abbreviations
- Table 3. U.S. Telemedicine Market, By Component, 2018 - 2030 (USD Million)
- Table 4. U.S. Telemedicine Market, By Modality, 2018 - 2030 (USD Million)
- Table 5. U.S. Telemedicine Market, By Application, 2018 - 2030 (USD Million)
- Table 6. U.S. Telemedicine Market, By Delivery Model, 2018 - 2030 (USD Million)
- Table 7. U.S. Telemedicine Market, By Facility, 2018 - 2030 (USD Million)
- Table 8. U.S. Telemedicine Market, By End Use, 2018 - 2030, (USD Million)
List of Figures
- Fig. 1 Market research process
- Fig. 2 Data triangulation techniques
- Fig. 3 Primary research pattern
- Fig. 4 Market research approaches
- Fig. 5 Value-chain-based sizing & forecasting
- Fig. 6 QFD modeling for market share assessment
- Fig. 7 Market formulation & validation
- Fig. 8 U.S. telemedicine market: outlook
- Fig. 9 U.S. telemedicine competitive insights
- Fig. 10 Ancillary market outlook
- Fig. 11 U.S. telemedicine market driver impact
- Fig. 12 U.S. telemedicine market restraint impact
- Fig. 13 Porter's Analysis
- Fig. 14 PESTLE Analysis
- Fig. 15 U.S. telemedicine market: Component movement analysis
- Fig. 16 U.S. telemedicine market: Component outlook and key takeaways
- Fig. 17 Products market estimates and forecast, 2018 - 2030
- Fig. 18 Hardware market estimates and forecast, 2018 - 2030
- Fig. 19 Software market estimates and forecast, 2018 - 2030
- Fig. 20 Others market estimates and forecast, 2018 - 2030
- Fig. 21 Services market estimates and forecast, 2018 - 2030
- Fig. 22 Tele-consulting market estimates and forecast, 2018 - 2030
- Fig. 23 Tele-monitoring market estimates and forecast, 2018 - 2030
- Fig. 24 Tele-education market estimates and forecast, 2018 - 2030
- Fig. 25 U.S. telemedicine market: Modality movement analysis
- Fig. 26 U.S. telemedicine market: Modality outlook and key takeaways
- Fig. 27 Store and forward market estimates and forecasts, 2018 - 2030
- Fig. 28 Real time market estimates and forecasts, 2018 - 2030
- Fig. 29 Others market estimates and forecasts, 2018 - 2030
- Fig. 30 U.S. telemedicine market: Application movement analysis
- Fig. 31 U.S. telemedicine market: Application outlook and key takeaways
- Fig. 32 Teleradiology market estimates and forecasts, 2018 - 2030
- Fig. 33 Telepsychiatry market estimates and forecasts, 2018 - 2030
- Fig. 34 Telepathology market estimates and forecasts, 2018 - 2030
- Fig. 35 Teledermatology market estimates and forecasts, 2018 - 2030
- Fig. 36 Telecardiology market estimates and forecasts, 2018 - 2030
- Fig. 37 Others market estimates and forecasts, 2018 - 2030
- Fig. 38 U.S. telemedicine market: Delivery Model movement analysis
- Fig. 39 U.S. telemedicine market: Delivery Model outlook and key takeaways
- Fig. 40 Web/mobile market estimates and forecasts, 2018 - 2030
- Fig. 41 Audio/text-based market estimates and forecasts, 2018 - 2030
- Fig. 42 Visualized market estimates and forecasts, 2018 - 2030
- Fig. 43 Call centers market estimates and forecasts, 2018 - 2030
- Fig. 44 U.S. telemedicine market: Facility movement analysis
- Fig. 45 U.S. telemedicine market: Facility outlook and key takeaways
- Fig. 46 Tele-hospitals market estimates and forecasts, 2018 - 2030
- Fig. 47 Tele-home market estimates and forecasts, 2018 - 2030
- Fig. 48 U.S. telemedicine market: End Use movement analysis
- Fig. 49 U.S. telemedicine market: End Use outlook and key takeaways
- Fig. 50 Patients market estimates and forecasts, 2018 - 2030
- Fig. 51 Payers market estimates and forecasts, 2018 - 2030
- Fig. 52 Providers market estimates and forecasts, 2018 - 2030
- Fig. 53 Others market estimates and forecasts, 2018 - 2030
- Fig. 54 Key company categorization
- Fig. 55 Heat map analysis 2024
