Lucintel anticipates that North America will be the fastest growing region in the telehealth market

   October 24, 2019
According to a market report by Lucintel, the future of the telehealth market looks promising with opportunities in the teledermatology, teleradiology, telecardiology, and telepathology. The telehealth market is expected to grow with a CAGR of 27% from 2019 to 2024. The major growth drivers for this market are growing healthcare cost, aging population, rising prevalence of chronic diseases, improvements in telecommunication infrastructure, technological advancements, and increasing utilization of connected devices.

To download report brochure, please go to  and click "report brochure" tab from the menu.

In this market, web-based, cloud-based, and on premise are the major modes of delivery segment.

Within the telehealth market, providers, payers, and patients are the major end users. Providers are the largest end use segment for telehealth market.

North America will remain the largest market over the forecast period due to rising healthcare costs, upcoming regulatory policies, rising prevalence of chronic diseases, shortage of physicians, implementation of the Affordable Care Act (ACA), and increasing funding for telehealth.

Philips Healthcare, Medtronic PLC, Honeywell Life Care Solutions, Tunstall Healthcare, Care Innovations, Cerner Corporation, Cisco Systems, Medvivo Group, Global Media Group, and Aerotel Medical Systems are among the major manufacturers of telehealth.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the telehealth market by application, mode of delivery, end use industry, and region. Lucintel has prepared a comprehensive research report titled "Telehealth Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the telehealth market by application, mode of delivery, end use industry, and region as follows:

By Application [$M shipment analysis for 2013-2024]:

  • Teledermatology

  • Teleradiology

  • Telecardiology

  • Telepathology

  • Others

By Mode of Delivery [$M shipment analysis for 2013-2024]:

  • Web-Based

  • Cloud-Based

  • On-Premise

By End Use Industry [$M shipment analysis for 2013-2024]:

  • Providers

  • Payers

  • Patients

  • Other End Users (Employer Groups and Government Bodies)

By Region [$M shipment analysis for 2013-2024]:

  • North America

    • United States

    • Canada

    • Mexico

  • Europe

    • United Kingdom

    • Germany

    • France

    • Italy

    • Spain

  • Asia-Pacific

    • China

    • Japan

    • India

  • Rest of the World

    • Brazil

This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link or

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit

Lucintel Corporate Customers

Market Entry, M & A, Opportunity Screening,...

Private Equity Customers

Buy Side Services (target screening, due diligence, ..)

Market Research Reports

Aerospace & Defense [53]
Chemical [264]
Composites & Advanced Materials [171]
Construction & Industrial [76]
Consumer and Retail [140]
Economic Analysis [86]
Energy & Utility [73]
Finance & Services [10]
Healthcare [79]
Media & Entertainment [16]
Metals & Mining [17]
Technology & Telecommunication [166]
Transportation [143]

Customer Quotes

"With more than 20 years experience in the industry, this is the first time we have come across such an extensive market analysis for our industry." Ven Cote, CEO, ZCL

"The insights we gained from Lucintel work helped with our business plan…a wonderful professional job…" Mike Jackson, Stahlin

"The report from Lucintel is useful not only for business planners, but also for the technology officers wanting to create a roadmap …" Dr. Giulio Ranzo, Booz Allen

"The information is so comprehensive, it has allowed us to identify & focus our business development efforts. It saved months of leg-work." Bill Barz, L&L Products

"We bought Lucintel report because it is the best report about our industry…a complete and appropriate analysis." Cesare Andrenacci, Ferretti

Quick Query

Lucintel Insights in News

Follow us on