European Telehealth Market: Size, Share, Trends & Forecast Overview

 Meticulous Research forecasts that the European telehealth market will reach $151.01 billion by 2030, growing at a compound annual growth rate (CAGR) of 18.2% from 2024. The report, “Europe Telehealth Market by Component, Application, End User – Forecast to 2030”, identifies several factors driving this growth. Government initiatives to digitize healthcare systems, reduce costs, and address the rising number of chronic diseases are key contributors to the expanding telehealth market in Europe. Furthermore, the increasing adoption of advanced technologies like AI, virtual assistants, and telerobots offers a promising growth trajectory for the industry.

Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5638

Despite these positive trends, the market is expected to face challenges, particularly in terms of patient privacy concerns, reluctance to adopt new systems, and the possibility of misdiagnoses via telehealth platforms. As the market grows, overcoming these challenges will be crucial for continued success.

Key Companies Shaping the European Telehealth Landscape

Prominent companies in the European telehealth market include Aerotel Medical Systems, Medtronic Public Limited Company, Koninklijke Philips N.V., Siemens Healthineers AG, Teladoc Health, Inc., and American Well Corporation, among others. These players are leading the development of innovative solutions to meet the rising demand for remote healthcare services.

Market Segmentation

The European telehealth market is segmented by Component, Application, End User, and Region.

Component:

  • Services (Real-time consultations, remote patient monitoring, store-and-forward systems)
  • Hardware (Medical peripheral devices, telemedicine kiosks, monitors)
  • Software (Cloud-based and on-premise solutions)

Among these components, the Services segment is expected to maintain the largest market share by 2024. Teleconsultation and telemonitoring services are particularly in demand due to the increasing burden of chronic illnesses and the need for efficient, cost-effective healthcare solutions.

Application: The market is also categorized by Application, covering areas like Psychiatry, Cardiology, Radiology, Primary Care, Dermatology, and Remote ICU. Of these, Psychiatry is anticipated to dominate in 2024. The increasing prevalence of mental health disorders in Europe, along with a lack of sufficient psychiatric care, is creating an urgent need for telehealth solutions in this sector. According to the World Health Organization (WHO), over 150 million people in the European region were living with mental health conditions in 2021, with many not receiving the necessary care.

End User: The Healthcare Providers segment is projected to hold the largest market share by 2024, primarily due to the increasing demand for healthcare services amidst a shortage of medical professionals across Europe. The staffing shortfalls are severe in some regions. For example, in 2021, reports from EURACTIV MEDIA NETWORK BV highlighted a crisis in Italy's healthcare system, with protests over the lack of healthcare staff and poor working conditions. Germany has also been affected, with BR24 NEWSLETTER reporting 8,000 vacant positions in intensive care units and 14,000 unfilled nursing positions in hospitals. These shortages are accelerating the adoption of telehealth services by healthcare providers.

Regional Insights

Geographically, Germany is expected to dominate the European telehealth market by 2024, accounting for the largest market share. Several factors contribute to Germany’s leadership in this sector, including a growing elderly population, increasing healthcare expenditures, and government initiatives supporting the adoption of telemedicine. The country’s shortage of healthcare professionals further amplifies the need for telehealth services, which can help mitigate the effects of staffing deficits.

To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/europe-telehealth-market-5638

Key questions answered in the report-

  • Which are the high-growth market segments in terms of component, application, end user, and country?
  • What was the historical market for telehealth across Europe?
  • What are the market forecasts and estimates for the period 2024–2030?
  • What are the major drivers, restraints, opportunities, and challenges in the Europe telehealth market?
  • Who are the major players in the telehealth market?
  • How is the competitive landscape, and who are the market leaders in the Europe telehealth market?
  • What are the recent developments in the Europe telehealth market?
  • What are the different strategies adopted by major players in the Europe telehealth market?
  • What are the geographical trends and high-growth countries?
Contact Us:
Meticulous Research®
Email- sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research

Comments

Post a Comment

Popular posts from this blog

The Power Players: 15 Influencing Micro-mobility Market Growth

  The newly published research report on   Micro-mobility Market Report   provides an in-depth comprehension of a rapidly growing market. It offers an extensive market outlook, covering all the major aspects such as Micro-mobility market share, size, trends, projected growth rate, and sales channels. Also, it examines the challenges, opportunities, and prospects for the market. An in-depth analysis of all the major market segments and regions has been provided in the report. Pictorial representations such as tables, graphs, and charts have also been used to help readers comprehend the information easily. Both quantitative and qualitative research methodologies have been used in the study to provide an in-depth market comprehension. It covers crucial information on supply chain challenges and how businesses can deal with them. The research report is a vital resource for stakeholders, investors, and anyone looking to develop effective marketing strategies and stay ahead of ...
Read more

15 Companies Redefining Excellence in LiDAR Drone Market

  According to a new report published by Polaris Market Research, the   LiDAR Drone Market Value  is projected to witness robust growth.   Global LiDAR Drone Market size and share is currently valued at USD 197.14 million in 2024 and is anticipated to generate an estimated revenue of USD 2,376.83 million by 2034, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 28.3% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2025 - 2034 We’re thrilled to announce the release of our latest research study titled LiDAR Drone Market. The report offers an in-depth comprehension of the rapidly growing market, shedding light on all the key aspects stakeholders need to know. It details LiDAR Drone market share, market size, and major market developments. In addition, a thorough examination of the major market trends and opportunities has been provided in the report. Furthermore, the research report c...
Read more

14 Visionary Firms Shaping the Future of Aircraft Cabin Interiors

  The newly published research report on   Aircraft Cabin Interiors Market Report   provides an in-depth comprehension of a rapidly growing market. It offers an extensive market outlook, covering all the major aspects such as Aircraft Cabin Interiors market share, size, trends, projected growth rate, and sales channels. Also, it examines the challenges, opportunities, and prospects for the market. An in-depth analysis of all the major market segments and regions has been provided in the report. Pictorial representations such as tables, graphs, and charts have also been used to help readers comprehend the information easily. Both quantitative and qualitative research methodologies have been used in the study to provide an in-depth market comprehension. It covers crucial information on supply chain challenges and how businesses can deal with them. The research report is a vital resource for stakeholders, investors, and anyone looking to develop effective marketing strategie...
Read more