Telehealth Services Market in Europe Market Size (2024 - 2029)

The telehealth services market in Europe is experiencing significant growth, driven by improved access to healthcare and enhanced quality of medical services through virtual consultations. This expansion is supported by the emergence of various telemedicine devices and increased government funding. The COVID-19 pandemic has further accelerated the adoption of online healthcare platforms, as lockdowns and travel restrictions made remote healthcare management essential. The market's expansion is also fueled by the rising number of smartphone users and government initiatives to promote mobile health applications.

Market Size of Telehealth Services Industry in Europe

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Europe Telehealth Services Market Summary
Study Period 2020 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 24.50 Billion
Market Size (2029) USD 73.10 Billion
CAGR (2024 - 2029) 24.44 %
Market Concentration Medium

Major Players

Europe Telehealth Services Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Europe Telehealth Service Market Analysis

The Telehealth Services Market in Europe Industry is expected to grow from USD 24.5 billion in 2024 to USD 73.10 billion by 2029, at a CAGR of 24.44% during the forecast period (2024-2029).

Telehealth is significantly improving the access to healthcare, because of which the quality of medical services for citizens and widening geographical coverage with virtual consultations is increasing, even if the amount of healthcare facility locations decreases. Telehealth services are among the biggest eHealth trends in Europe, positioned second, just after patient health records in the recent Annual European eHealth Survey.

A number of Telemedicine devices are emerging such as blood pressure monitoring, weight management machines, interactive stethoscope, ENT otoscope, and general examination cameras. Increasing government funding and grants for telemedicine, a consistent need for improved healthcare quality services, and an increasing number of smartphone users have boosted the telehealth market.

The increase in the widespread infection rate of Covid-19 had imposed lockdowns and travel restrictions and has made healthcare management a necessity which in turn has given support to the adoption of online platforms for disease management. The government has taken initiatives to develop mobile health applications and promote online platforms to manage the pandemic also drive the market growth during COVID-19.

Europe Telehealth Service Industry Segmentation

Telehealth solutions have the potential to support the healthcare systems in multiple ways. It offers communication platforms for patient-to-patient and doctor-to-doctor consultations, and secure ways for exchanging medical records, issuing prescriptions, and managing payments.

The scope of the study is currently focused on the Europe Telehealth Services Market. The study tracks the key trends in each segment categorized on the basis of By Service Type (Telemedicine, video conferencing, Remote Patient Monitoring, app-based consultation), By Application Type (teleconsultation, telepathology, patient care, telepsychiatry, telecardiology), By End-Users (Providers, Patients, and Players), By Category (Hardware and Software), By Delivery Mode (Cloud-Based Delivery Mode, Web-Based Delivery Mode, and On-Premise Delivery Mode), and By Geography (Germany, United Kingdom, France, Italy, Spain, and Rest of Europe), various trends, opportunities, and company profile. The study also tracks the impact of COVID-19 on the market.

Service Type
Telemedicine
Video Conferencing
Remote Patient Monitoring
App Based Consultation
Others
Application type
Tele-consultation
Tele-pathology
Patient care
Tele-psychiatry
Tele-cardiology
Other cliinical services
End users
Providers
Patients
Players
Category
Hardware
Software
Delivery Mode
Cloud-Based Delivery Mode
Web-Based Delivery Mode
On Premise Delivery Mode
Geography
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
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Telehealth Services Market in Europe Size Summary

The telehealth services market in Europe is experiencing significant growth, driven by the increasing demand for accessible healthcare solutions and the adoption of digital health technologies. Telehealth is enhancing the quality of medical services by providing virtual consultations, which expand geographical coverage even as the number of physical healthcare facilities decreases. This sector is a major component of the eHealth trends in Europe, second only to patient health records. The market is being propelled by the emergence of various telemedicine devices, government funding, and the rising number of smartphone users. The COVID-19 pandemic has further accelerated the adoption of telehealth services, as lockdowns and travel restrictions necessitated the use of online platforms for disease management. This shift has been supported by government initiatives to develop mobile health applications, which have contributed to the market's expansion.

The telehealth market in Europe is characterized by a moderate level of fragmentation, with key players such as AMD Global Telemedicine Inc., Kry, Doctolib, and Immedicare leading the charge. The mHealth segment holds a significant revenue share, driven by the increasing adoption of mobile healthcare applications for various health management purposes. These applications facilitate remote patient monitoring, medication management, and personal health record management, among other functions. The growing preference for telehealth services among both medical professionals and patients is expected to further drive market growth, particularly in non-emergency situations where face-to-face interactions are not necessary. Additionally, the rise in chronic diseases and an aging population present both challenges and opportunities for the telehealth market in Europe, as these factors necessitate long-term patient monitoring and care solutions.

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Telehealth Services Market in Europe Market Size - Table of Contents

  1. 1. MARKET INSIGHTS AND DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

    3. 1.3 Market Restraints

    4. 1.4 Insights on Various Regulatory Trends Shaping Telehealth Services Market in Europe

    5. 1.5 Insights on Impact of Technology and innovation in Telehealth Services

    6. 1.6 Insights on Performance of Telehealth Services in Europe

    7. 1.7 Industry Attractiveness - Porters' Five Forces Analysis

      1. 1.7.1 Threat of New Entrants

      2. 1.7.2 Bargaining Power of Buyers

      3. 1.7.3 Bargaining Power of Suppliers

      4. 1.7.4 Threat of Substitutes

      5. 1.7.5 Intensity of Competitive Rivalry

    8. 1.8 Impact of COVID-19 on the Market

  2. 2. MARKET SEGMENTATION

    1. 2.1 Service Type

      1. 2.1.1 Telemedicine

      2. 2.1.2 Video Conferencing

      3. 2.1.3 Remote Patient Monitoring

      4. 2.1.4 App Based Consultation

      5. 2.1.5 Others

    2. 2.2 Application type

      1. 2.2.1 Tele-consultation

      2. 2.2.2 Tele-pathology

      3. 2.2.3 Patient care

      4. 2.2.4 Tele-psychiatry

      5. 2.2.5 Tele-cardiology

      6. 2.2.6 Other cliinical services

    3. 2.3 End users

      1. 2.3.1 Providers

      2. 2.3.2 Patients

      3. 2.3.3 Players

    4. 2.4 Category

      1. 2.4.1 Hardware

      2. 2.4.2 Software

    5. 2.5 Delivery Mode

      1. 2.5.1 Cloud-Based Delivery Mode

      2. 2.5.2 Web-Based Delivery Mode

      3. 2.5.3 On Premise Delivery Mode

    6. 2.6 Geography

      1. 2.6.1 Germany

      2. 2.6.2 United Kingdom

      3. 2.6.3 France

      4. 2.6.4 Italy

      5. 2.6.5 Spain

      6. 2.6.6 Rest of Europe

Telehealth Services Market in Europe Market Size FAQs

The Europe Telehealth Services Market size is expected to reach USD 24.50 billion in 2024 and grow at a CAGR of 24.44% to reach USD 73.10 billion by 2029.

In 2024, the Europe Telehealth Services Market size is expected to reach USD 24.50 billion.

Europe Telehealth Service Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)