High Mkt Cap
#10 of 49
$30 B
High CAGR
#13 of 49
25 %
Tele has been used to provide virtual physical therapy for patients recovering from surgery or injury, allowing them to receive care from home. Patients with chronic diseases like diabetes or heart failure can use tele to monitor their condition and communicate with providers in real-time. Tele is a fast-growing industry, with global revenues expected to reach $191.7 billion by 2025.
0 FDA approvals in Telehealth
Improved Access to Care
"Tele can increase access to care for patients who may have difficulty traveling to in-person appointments, particularly those in rural or remote areas." - Healthcare IT News, December 2021
Cost Savings
"Tele can lead to cost savings for both patients and providers, by reducing travel costs and enabling more efficient use of resources." - American Journal of Managed Care, January 2022
Improved Outcomes
"Tele has been shown to improve outcomes for a variety of conditions, including chronic diseases, mental health, and post-surgical care." - Journal of Medical Internet Research, February 2022
Investor sentiment
Fortune Business InsightsJune 2021
"...The global tele market size was valued at $61.4 billion in 2020 and is expected to reach $559.5 billion by 2028, growing at a CAGR of 25.2% from 2021 to 2028, driven by the increasing demand for remote services, the rising prevalence of chronic diseases, and the growing adoption of telemedicine and mHealth technologies."
Mordor IntelligenceMay 2021
"...The tele market is expected to register a CAGR of 17.9% from 2021 to 2026, driven by the increasing demand for remote services, the growing prevalence of chronic diseases, and the rising adoption of telemedicine and mHealth technologies."
Market Research FutureJune 2021
"...The global tele market is expected to grow at a CAGR of 16.8% from 2021 to 2028, driven by the increasing demand for remote services, the growing need for cost-effective and efficient solutions, and the rising adoption of telemedicine and mHealth technologies."
Sector leaders
Teladoc Health
Teladoc is the global leader in whole-person virtual care, providing both general medical and mental care via a convenient online platform.
Amwell
Amwell is a telemedicine company that offers virtual medical consultations, with over 2,000 hospitals and 55 plan partners.
Doctor on Demand
Doctor On Demand is a telemedicine service that provides virtual visits with licensed therapists, doctors, and psychiatrists via smartphones, tablets, and computers.
