Telehealth Market by Size, Share, Forecasts, & Trends Analysis
Telehealth Market: Comprehensive Analysis and Future Outlook The global telehealth market is experiencing unprecedented growth, driven by technological advancements and the increasing need for accessible healthcare. According to the latest publication from Meticulous Research, the telehealth market is projected to expand at a CAGR of 21.6% from 2022 to reach $539.73 billion by 2029 . This growth is propelled by various factors, including the aging population, the prevalence of chronic diseases, and supportive government initiatives. Factors Driving the Telehealth Market Increasing Geriatric Population and Chronic Diseases The global population is aging, and with it comes a rise in chronic diseases such as diabetes, heart disease, and respiratory disorders. These conditions require continuous monitoring and management, which telehealth services can efficiently provide. The convenience of remote consultations and monitoring is particularly beneficial for elderly patients...