- Telehealth platforms have become critical tools for delivering healthcare services remotely, enabling virtual consultations, remote monitoring, and digital diagnostics across various medical fields, including mental health, chronic disease management, and primary care
- The demand for telehealth is significantly driven by the aging global population, increasing chronic illness prevalence, and growing acceptance of digital health technologies
- The U.S. is expected to dominate the market, holding a market share of approximately 40% in 2024, due to advanced healthcare infrastructure, widespread digital adoption, and supportive federal policies
- Canada is the fastest-growing country in the region, with a strong CAGR driven by nationwide digital health initiatives, provincial virtual care funding, and increasing telemedicine adoption in remote areas
- The services segment dominated the telehealth market in 2023, accounting for over 50% of the total revenue share. This dominance is attributed to the growing need for telehealth applications in chronic disease management, real-time monitoring, and rapid advancements in digital infrastructure
